Latest news with #Q2
GSM Arena
an hour ago
- Business
- GSM Arena
Counterpoint: India's smartphone market boomed in Q2, iPhone 16 was the most-shipped phone
After a tepid Q1, India's smartphone market reached some record heights in Q2. The report from analysts over at Counterpoint Research has good news for every major company on the market. The wholesale value rose 18% in Q2 compared to the same period last year, this is the highest value ever seen in Q2. The ultra-premium segment – defined as phones over ₹45,000 – was the fastest growing segment and a major driver behind the strong Q2 results. This also resulted in the highest-ever Average Selling Price (ASP) for all smartphones in the Indian market. Apple and Samsung managed to make the most of that. India smartphone market in Q2 2025, volume share by brand Apple can celebrate the iPhone 16 as the most-shipped device in Q2. And it wasn't just that, this year Apple saw its highest-ever Q2 shipments in India. Rival Samsung had the biggest share (23%) of wholesale value. Samsung is second in terms of units shipped with strong demand for the Galaxy A and S series. Vivo (excluding iQOO) was the top brand by units shipped. It moved a lot of phones in the ₹10,000-₹15,000 range, mainly in the Y and T series. Third comes Oppo (excluding OnePlus) with strong demand for A and K series phones. OnePlus recorded a 75% growth year over year in the ultra-premium segment with the OnePlus 13 and 13R. Early indications show that the petite OnePlus 13s will be a hot seller too. Meanwhile, Realme expanded into the ultra-premium segment with the likes of the GT 7 series and especially the Aston Martin F1 co-branded Realme GT 7 Dream Edition, which attracted a lot of attention. India smartphone market in Q2 2025, wholesale value share by brand Motorola's G and Edge series pushed the company to an 86% growth in shipments, supported by an expanding retail network. In the sub-₹10,000 segment, Lava was the fastest-growing brand with a whopping 156% increase year over year. Counterpoint analysts credit the stock Android experience and improved after-sales service for the success of the brand. Nothing was the fastest-growing brand overall – for the sixth consecutive quarter! Nothing is the only brand to pull this off and its shipments grew an impressive 146% in Q2. The CMF Phone 2 Pro in particular is proving to be a hit. Finally, MediaTek remains the most popular chipset vendor in India with a 47% share of the market. However, Qualcomm is chasing – it grew 28% year over year and held 31% of the market in Q2.
Yahoo
a day ago
- Business
- Yahoo
Ultra Clean Holdings Inc (UCTT) Q2 2025 Earnings Call Highlights: Navigating Market Challenges ...
Total Revenue: $518.8 million, compared to $518.6 million in the prior quarter. Product Revenue: $454.9 million, compared to $457 million last quarter. Services Revenue: $63.9 million, up from $61.6 million in Q1. Total Gross Margin: 16.3%, compared to 16.7% last quarter. Product Cost Margin: 14.4%, compared to 14.9% in Q1. Services Margin: 29.9%, compared to 29.8% last quarter. Operating Expense: $56.1 million, down from $59.4 million in Q1. Operating Margin: 5.5%, compared to 5.2% last quarter. Net Income: $12.1 million, compared to $12.7 million in the prior quarter. Earnings Per Share (EPS): $0.27, compared to $0.28 in the prior quarter. Cash and Cash Equivalents: $327.4 million, compared to $317.6 million at the end of last quarter. Cash Flow from Operations: $29.2 million, compared to $28.2 million last quarter. Share Repurchase: 182,000 shares at a cost of $3.4 million. Projected Q3 Revenue: Between $480 million and $530 million. Projected Q3 EPS: Between $0.14 and $0.34. Warning! GuruFocus has detected 6 Warning Signs with UCTT. Release Date: July 28, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Ultra Clean Holdings Inc (NASDAQ:UCTT) reported a slight increase in Q2 revenue, reaching $518.8 million, slightly above the previous quarter. The company has secured new business in its Czech Republic facility, expected to contribute to revenue growth in Q4. UCTT is focusing on new product introductions and component qualifications, which are anticipated to enhance margins starting in early 2026. The company is implementing cost reduction initiatives, including workforce reductions and organizational restructuring, which are expected to yield significant savings by Q4. UCTT is well-positioned to capitalize on the growing AI investment trend, supported by strong customer partnerships and a vertically integrated solutions portfolio. Negative Points The company is operating at a $2 billion run rate, below the anticipated $4 billion due to current market conditions. Tariff-related costs remain a concern, with customers slow to reimburse UCTT for incurred charges, impacting financials. The semiconductor market's uncertainty and limited visibility are affecting UCTT's revenue projections, with Q3 expected to range between $480 million and $530 million. Gross margins have slightly decreased, influenced by fluctuations in volume, mix, manufacturing region, and tariffs. A goodwill impairment charge was recorded due to a decrease in stock price, reflecting market uncertainty and impacting financial results. Q & A Highlights Q: What contributed to Ultra Clean Holdings' Q2 revenue exceeding the midpoint of guidance? A: Clarence Granger, Chairman and Interim CEO, explained that there was a slight upside from China, an increase in shipments from the Austin site, and a rise in services revenue. Q: Is the expectation for China revenue to improve in the second half of the year still valid? A: Clarence Granger confirmed that China revenue is expected to improve, with Q1 at $21 million and Q2 at $35 million. The company anticipates a consistent run rate of $40 million to $50 million per quarter from Chinese-based customers. Q: How does Ultra Clean Holdings view the potential impact of new AI rules on their China business? A: Cheryl Knepfler, VP of Marketing, stated that while there is always a risk, the company expects to continue selling to China as the areas they serve are broadly supported across the industry. Q: What is the outlook for Ultra Clean Holdings' revenue in Q4 2025? A: Clarence Granger indicated a cautiously optimistic outlook for Q4, with potential upward bias due to cost reductions, new business opportunities, and further integration of fluid solutions. Q: How does Ultra Clean Holdings view the potential for growth in 2026? A: Cheryl Knepfler mentioned that there are opportunities for incremental growth in 2026, with expectations for high single-digit to low double-digit growth, supported by new fabs coming online and share gains. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Phone Arena
4 days ago
- Business
- Phone Arena
Churn, baby, churn. AT&T's CEO and CFO reveal what's ailing the carrier
Churn is the metric computed by wireless providers to determine the percentage of customers in a specific category who switched from one carrier to another or gave up wireless service altogether during a given period (usually a quarter). Obviously, the carriers want this number to decline and if it is rising, that's not a good sign. For example, AT&T recently reported its Q2 earnings and announced that during the quarter, it's postpaid phone churn (the most important churn category of all) rose 17 basis points year-over-year from .70% to .87%. The Q2 postpaid phone churn figure takes away some of the positive feelings analysts might have had over AT&T 's announcement that during the second quarter of the year, the carrier added 401,000 net new postpaid phone customers. The higher churn figure comes after AT&T raised the price of its retired unlimited wireless plans. The monthly price was hiked $10 for customers with one line, those with multiple lines are paying $20 more. Earlier this year, the carrier reduced the monthly autopay discount to $5 from $10 for those paying their autopay balance with a debit card. But CEO John Stankey isn't blaming price hikes for AT&T's churn problem. AT&T shares have been hot, rising over 47% over the last year. | Image credit-Yahoo Last week, during an earnings call, Stankey said, "I don't view pricing as being our issue in terms of managing churn. Obviously, every time we take a pricing action, we're cognizant that there's going to be some dislocation that we have been historically pretty good at assessing, modeling and managing. We try to do our pricing in a way where we tie prices to value. So we find places where there's maybe recaptured value that we can price out differently so that the customer feels like it's not just a price increase, but they understand they've gotten something over time or in return for it, where they're less likely to go." -Pascal Desroches, AT&T , CFO So what is causing AT&T 's rising churn issues? Chief Financial Officer Pascal Desroches gave several reasons during the earnings call. He blamed a "competitive environment," a higher percentage of customers coming off financing contracts, and he even threw in President Donald Trump's tariffs as a contributor to AT&T 's sharply higher Q2 postpaid phone churn percentage. Speaking of our president, Desroches said that the administration's deportation of illegal immigration has had a negative impact on AT&T 's business. "If you look at what's gone on in the prepaid market this quarter, I do believe some of that falls through to immigration and some of the dynamics that are occurring there," the CFO said. AT&T 's CEO Stankey, discussing the impact of Trump's tariffs on customer pricing, made it clear that the carrier's customers will end up paying for the higher import taxes. He said, "So I think that if ultimately costs are passed to us from those that we buy handsets from, unfortunately for the customer, we're going to have to come up with some new ways for them to figure out how to digest that increase in pricing." Remember, tariffs are import taxes that are paid on products and goods imported into the U.S. by countries that have tariffs imposed on them. Despite what you might have been told or heard, they are paid by U.S. companies and some are passed along to American consumers. AT&T 's 17 percentage point increase in postpaid phone churn was higher than the 10 point year-over-year hike in T-Mobile's postpaid phone churn. Verizon's churn in the same category was flat. It all indicates that the game of carrier musical chairs continues as consumers chase the latest deals. Another issue that AT&T doesn't seem to address is the carrier's disappointing performance in Ookla's Speedtest Connectivity Report. The latter measured how well the carrier's network performed during the first half of the year and in most categories, AT&T was dead last after T-Mobile and Verizon.
Yahoo
4 days ago
- Business
- Yahoo
Netflix (NFLX) Premieres K-Content Thriller 'Trigger' In Global Release
During the last quarter, "Trigger," a series by K Wave Media and a Netflix worldwide release, highlighted the company's expanding global content strategy. Alongside an increase in Q2 sales and net income, Netflix announced positive earnings and revised its full-year earnings guidance, indicating robust operational growth. The company's strategic alliances, such as its collaboration with Telefilms Ltd. and opening Netflix House locations, likely reinforced investor confidence. While Netflix's 7% price increase outpaced the market's modest 1% rise last week, these developments would have naturally supported the broader positive market trend, contributing to its performance. Buy, Hold or Sell Netflix? View our complete analysis and fair value estimate and you decide. We've found 17 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The recent news surrounding Netflix's (NFLX) "Trigger" series and strategic collaborations like those with Telefilms Ltd. may further bolster its aggressive global expansion and content strategy. This aligns well with the broader narrative of enhancing monetization through proprietary ad tech and diversified content investment. While short-term share increases of 7% illustrate positive market response, the potential impact on revenue and earnings forecasts could be significant as these initiatives enhance user engagement and international market penetration. In the context of total shareholder returns, Netflix's shares have delivered a substantial 424.9% return over the past three years. Over the past year, Netflix outperformed the US market, which returned 17.2%, and the US Entertainment industry, which returned 69.7%, demonstrating resilient long-term investor returns. With a current share price of US$1180.49 and a price target of US$1345.32, Netflix is trading at approximately 13.96% below its target, highlighting room for potential appreciation if the company meets or exceeds analyst expectations. Click here and access our complete financial health analysis report to understand the dynamics of Netflix. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NFLX. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
4 days ago
- Business
- Yahoo
Alphabet Had a ‘Standout Quarter.' Should You Buy GOOG Stock Here?
Alphabet (GOOG) stock rose by just over 1% on July 24, despite the company beating Q2 estimates on nearly all metrics. In this article, we'll look at the key takeaways from Alphabet's Q2 earnings and examine whether it is a good buy. Alphabet's Q2 revenues rose 14% year-over-year to $96.4 billion, which easily surpassed the $94 billion that analysts were expecting. The company's per-share earnings came in at $2.31, which was also ahead of the $2.15 that analysts were modeling. More News from Barchart With a 5.6% Yield, This Dividend Aristocrat Pays Monthly. Is It a Buy Here? Dear Palantir Stock Fans, Mark Your Calendars for August 4 The 3 Buffett-Backed Dividend Stocks That Beat the Market in 2025 Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Alphabet Beat on Most Metrics While it's customary for company management to say that they are 'proud' of their performance, Alphabet CEO Sundar Pichai began his commentary by classifying Q2 a 'standout quarter for us with robust growth across the company.' He added, 'As you saw at IO, we are leading at the frontier of AI and shipping at an incredible pace. AI is positively impacting every part of the business, driving strong momentum.' Here are some of the other key takeaways from the report. Google Search Reported Double-Digit Increase in Revenues: With all the talk of Google losing its dominance in search, the company's Search revenues rose 11.7% in Q2, and if anything, the growth rate accelerated from the previous quarter. YouTube's Performance Improved: During the earnings call, Alphabet said that it now earns as much revenue per watch hour in the U.S. on YouTube shorts as traditional in-stream. In some regions, the balance is actually in favor of shorts over the long-form videos. During the quarter, YouTube ad revenues increased 13% YoY to $9.8 billion, which comfortably beat the consensus estimate of $9.56 billion. As I have noted previously, YouTube remains an unappreciated asset in Alphabet's arsenal even though it is the market leader in U.S. streaming for the last several years, per Nielsen data. Gemini User Count Swells: Alphabet said that Gemini's monthly active user is now more than 450 million, and it saw a 50% increase in daily requests in Q2, as compared to Q1. Cloud Growth Gets a Boost from AI: Google's cloud revenues rose 32% YoY to $13.62 billion, well ahead of the $13.11 billion that analysts were expecting. AI is driving the growth of that business. Microsoft-backed (MSFT) OpenAI has also partnered with Google's cloud infrastructure, a partnership CEO Sundar Pichai said the company is 'very excited' about. AI Monetization: As expected, questions related to the monetization of AI investments did pop up during the Q2 earnings call. Responding to the question, Pichai pointed to the strong operating margins despite the rise in AI capex, while reassuring, 'We'll be able to have a healthy ROI on our investments.' Alphabet's post-earnings price action might look at odds with its otherwise stellar earnings. However, the disconnect can be attributed to four main reasons. Firstly, the stock rallied heading into the Q2 confessional and is up 13.4% over the last month, which is the second highest among its 'Magnificent 7' peers, trailing only Nvidia (NVDA). Second, the increase in 2025 capex guidance by a whopping $10 billion to $85 billion did not sit well with the markets. Third, some market participants are still worried about the 'existential threat' to Google as the likes of OpenAI, Anthropic, and Perplexity challenge the status quo in search. Finally, there is the regulatory overhang as the U.S. Justice Department plans to break up Alphabet and force the company to divest its Chrome browser and Android operating system. It also wants the company to its end exclusive agreements with phone makers like Apple (AAPL) and Samsung. GOOG Stock Forecast After Q2 Earnings Sell-side analysts reacted positively to GOOG's Q2 earnings, and Oppenheimer, Pivotal Research, JPMorgan, and Raymond James were among the brokerages that raised the stock's target price following the report. Alphabet's Street-high target price of $250 implies potential upside of 29.4% over the next year. I believe GOOG stock has room to run higher given its tepid valuations. The stock trades at a forward price-earnings (P/E) multiple of just 20x, which is not only the lowest among its Big Tech peers, but also makes GOOG the only Magnificent 7 constituent that trades at a discount to the S&P 500 Index ($SPX). The depressed valuations are primarily due to the regulatory uncertainty, as well as concerns that the company might lose market share to AI chatbots like ChatGPT. However, Alphabet's Q2 earnings show that the company is yet to feel any meaningful impact from a flurry of competing products, and while these are still early days, so far Alphabet has handled the competition well. Alphabet also has services like Waymo, which will add long-term value, even as that business, which is part of its 'Other Bets' segment, is currently a drag on its profits, reporting an operating loss of $1.2 billion in Q2. Overall, despite the run-up over the last month, I find GOOG's risk-reward still attractive and believe that concerns over it losing out to AI rivals are a bit overblown. On the date of publication, Mohit Oberoi had a position in: GOOG, TSLA, NVDA, MSFT, AAPL. All information and data in this article is solely for informational purposes. This article was originally published on
