Latest news with #Q2Results
Forbes
a day ago
- Business
- Forbes
Will Adobe Stock See Higher Levels?
CHONGQING, CHINA - JUNE 08: In this photo illustration, the logo of Adobe Inc. is displayed on a ... More smartphone screen, with the company's latest stock market chart visible in the background, reflecting investor sentiment and recent trading activity, on June 08, 2025, in Chongqing, China. (Photo Illustration by) Adobe (NASDAQ:ADBE) recently revealed its Q2 results (fiscal year ending in November), exceeding analyst expectations. The firm reported earnings of $5.06 per share on revenues of $5.9 billion, surpassing the consensus estimates of $4.97 per share and $5.8 billion, respectively. Moreover, Adobe raised its full-year guidance. Despite these encouraging results, the stock experienced a modest reaction in after-hours trading, falling by 1%. This response, or lack of it, calls for a deeper analysis of the company's financial performance and its present stock valuation. If you seek an upside with a more stable experience than individual stocks, consider the High-Quality portfolio, which has outperformed the S&P 500, achieving over 91% returns since inception. In a different context, check out – Boeing Stock Faces Fresh Crisis After 787 Dreamliner Crash. Adobe's revenue rose by 11% year-over-year, totaling $5.87 billion in Q2 (fiscal year ending in November). This increase was fueled by its main segments: Adobe is presently benefitting from clients transitioning to its premium subscription plans, which are generating a stable revenue flow. Adobe's Firefly, an innovative AI tool that allows users to create, modify, and enhance images and videos through simple text commands, has broadened Adobe's suite of AI-driven creative tools, aimed at accelerating the ideation and content creation processes. Furthermore, Adobe recently announced that it is incorporating image-generation AI models from OpenAI and Google directly into the Firefly application, further enhancing its capabilities. Adobe's adjusted operating margin of 45.5% in Q2'25 was slightly lower than the 46% figure reported in the same quarter last year. The company also repurchased 8.6 million shares during the quarter. Increased revenues, a small drop in operating margins, and a reduced number of shares outstanding led to the company reporting a bottom line of $5.06 compared to $4.48 in the prior-year quarter. Looking forward, Adobe has revised its full-year revenue forecast to a range between $23.5 billion and $23.6 billion, an increase from the previous estimate of $23.3 billion to $23.55 billion. The firm also expects adjusted earnings per share to range from $20.50 to $20.70, up from the earlier estimate of $20.20 to $20.50. ADBE stock has declined 6% this year, trailing behind the broader indices, with the S&P 500 index up 3%. Overall, ADBE stock has shown considerable volatility compared to the index over recent years. The stock's returns were 13% in 2021, -41% in 2022, 77% in 2023, and -25% in 2024. In contrast, the S&P 500's returns were 27% in 2021, -19% in 2022, 24% in 2023, and 23% in 2024 — indicating that ADBE underperformed the S&P in 2021, 2022, and 2024. On the other hand, the Trefis High Quality (HQ) Portfolio, which comprises 30 stocks, has effectively outperformed the S&P 500 during the last four-year span. Why is this? Collectively, HQ Portfolio stocks yielded superior returns with diminished risk compared to the benchmark index, providing a less turbulent experience, as shown in HQ Portfolio performance metrics. Considering the current unpredictable macroeconomic landscape, amidst ongoing geopolitical tensions, could ADBE encounter a situation akin to those in 2021, 2022, and 2024, resulting in underperformance relative to the S&P over the next 12 months — or will it bounce back? While we will soon refresh our model to incorporate the latest results and guidance for ADBE, the stock appears undervalued. At its current price of $410, ADBE stock is trading at 20x the anticipated adjusted earnings of $20.35, based on the mid-point of the provided guidance, compared to the stock's average P/E ratio of 25x over the past three years. In fact, we currently estimate Adobe's Valuation to be $550 per share, indicating more than 30% upside potential from current levels. Nevertheless, it is crucial to acknowledge potential risks. Investors may moderate their valuation of Adobe due to a slower-than-expected pace of growth driven by AI. Furthermore, the stock has historically lagged behind the S&P 500 during recent market downturns, as outlined in our 'Buy or Sell Adobe Stock' dashboard. Therefore, investors should cautiously consider these risks before investing in Adobe stock. While ADBE stock seems to have the potential for growth, it is beneficial to examine how Adobe's Peers perform on relevant metrics. You will find more valuable comparisons for companies across various industries at Peer Comparisons.
Yahoo
3 days ago
- Business
- Yahoo
Blackline Safety Corp (BLKLF) Q2 2025 Earnings Call Highlights: Record Growth Amidst Market ...
Revenue: $35.9 million in Q2, up 14% year-over-year. Adjusted EBITDA: $1 million, compared to a loss of $2 million a year ago. Net Dollar Retention: 128%, the eighth consecutive quarter above 125%. Annual Recurring Revenue: $75.2 million, up 33% year-over-year. Service Revenue: $21.9 million in Q2, up 31% from the prior year. Product Revenue: $14.1 million in Q2, a 5% decrease year-over-year. Gross Margin: Record overall gross margins of 63%. Service Gross Margin: Record 79% in Q2. Net Loss: $3.7 million, a 13% improvement from Q2 last year. Cash and Short-term Investments: $52.6 million at the end of the quarter, a 22% increase from year-end fiscal 2024. Total Available Liquidity: $70.1 million as of April 30, 2025. Warning! GuruFocus has detected 6 Warning Signs with BLKLF. Release Date: June 11, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Blackline Safety Corp (BLKLF) reported record Q2 results, marking 33 consecutive quarters of year-over-year growth. Second quarter revenue increased by 14% year-over-year to $35.9 million, with adjusted EBITDA improving to $1 million from a loss of $2 million the previous year. Annual recurring revenue grew by 33% year-over-year to a record $75.2 million, driven by high net dollar retention and strong customer expansion. Service revenue increased by 31% year-over-year, supported by strong device activations and rental demand. The company achieved record overall gross margins of 63%, with service gross margins reaching a record 79%. Product revenue declined by 5% year-over-year due to geopolitical instability and trade policy shifts affecting customer confidence. The company incurred a tariff expense of $351,000 on inventory shipped to the United States, highlighting the uncertainty in cross-border trade. Declining oil prices impacted investment plans among energy sector customers, contributing to a cautious investment environment. Operating expenses as a percentage of revenue increased to 70% from 69% in the prior year quarter, driven by investments in operational infrastructure. Net loss for the quarter was $3.7 million, although this was a 13% improvement from the previous year. Q: How should we think about product revenues over the next couple of quarters given the unusual trends in Q1 and Q2? A: Cody Slater, CEO, mentioned that while the start of the year has been interesting, overall numbers for the first half are as expected. There might be some volatility in the near term, but product acceptance and pipelines are strong, and the long-term outlook remains positive. Q: Can you share early market feedback on the EXO 8 gamma product? A: Cody Slater, CEO, stated that the EXO 8 gamma has been well-received due to its higher specification and capability levels compared to industry standards. While it is a niche market, it serves as an entry point into the emergency response and hazmat markets. Orders are mostly small, but the product is high margin. Q: How did tariffs impact your product margins this quarter? A: Robin Kooyman, CFO, confirmed that tariffs negatively impacted product margins. Excluding tariffs, product margins would have been higher. The EXO 8 is a strong margin product, although specific margins were not disclosed. Q: What drove the increase in G&A expenses this quarter? A: Robin Kooyman, CFO, explained that the increase in G&A expenses reflects investments in scalability initiatives for the business. Q: How are you managing manufacturing capacity given the pause on US expansion plans? A: Cody Slater, CEO, mentioned that they are expanding capacity within their current Calgary facility by adding more space for material storage, allowing more manufacturing footprint. Keeping operations in Calgary is preferred for quality control and order flow. Q: How are tariffs affecting your competitive dynamics in the US market? A: Cody Slater, CEO, noted that the tariff environment is volatile, affecting competitors similarly. Market adjustments to product pricing have not yet settled, and the situation remains fluid. Q: Are macroeconomic factors affecting upselling and service expansion among existing clients? A: Sean Stinson, President and Chief Growth Officer, stated that there is no impact on upselling or service expansion. The company's value proposition remains strong, and they continue to retain and support customers effectively. Q: Can you comment on the lease mix this quarter and any changes in customer behavior? A: Robin Kooyman, CFO, noted that the lease program was at the lower end of its typical range this quarter, likely reflecting geographic sales mix rather than a shift in customer preference. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
3 days ago
- Business
- National Post
Blackline Safety Reports Record Fiscal Second Quarter 2025 Revenue of $35.9 million and Adjusted EBITDA of $1.0 million
Article content Article content CALGARY, Canada — Blackline Safety Corp. ('Blackline', the 'Company', 'we' or 'our') (TSX: BLN), a global leader in connected safety technology, today reported its fiscal second quarter financial results for the period ended April 30, 2025. Article content Management Commentary 'Blackline has delivered another strong quarter, achieving $35.9 million in revenue for Q2 despite the dynamic macroeconomic environment,' said Cody Slater, CEO and Chair of Blackline Safety. 'This marks our 33rd consecutive quarter of year-over-year revenue growth, underscoring the robust market adoption of our connected safety solutions.' Article content Annual recurring revenue was up 33% year-over-year to $75.2 million. Net Dollar Retention, reflecting revenue growth from existing customers, was 128%—the 8th consecutive quarter exceeding 125%. This reinforces the sustained expansion within our customer base and the value customers place on connected safety solutions. This quarter is also the fourth consecutive quarter of positive adjusted EBITDA, further highlighting the continued strength and resilience of Blackline's proven business model. Article content Blackline has demonstrated tremendous growth and operating leverage over the past few years — since Q2 2022 revenue has more than doubled and gross profit has increased by 220% while operating expenses have only increased by 17% over the same period. Article content During the quarter, the Company shipped the first units of its EXO 8 Gamma area monitor, a groundbreaking device featuring radiation detection. EXO 8 is the only direct-to-cloud portable area monitor capable of detecting up to eight gases and gamma radiation at the same time. This technology strengthens Blackline's offering in the fire and hazmat and emergency response markets, opening further opportunities for growth. Article content 'Blackline's proven business model has demonstrated its resilience over the years across a variety of macroeconomic conditions. Since launching our first connected safety product in 2017, we have achieved over $500 million in sales — a clear testament to the strong adoption of our industry-pioneering product portfolio,' concluded Slater. Article content Three-Months Ended April 30, Six-Months Ended April 30, (CAD thousands, except per share and percentage amounts) 2025 2024 % Change 2025 2024 % Change Product revenue 14,054 14,824 (5) 31,853 26,260 21 Service revenue 21,886 16,756 31 41,762 31,645 32 Total revenue 35,940 31,580 14 73,615 57,905 27 Gross profit 22,701 18,030 26 45,120 32,609 38 Gross margin percentage (1) 63% 57% 61% 56% Total expenses 25,244 21,777 16 47,702 41,693 14 Total expenses as a percentage of revenue (1) 70% 69% 65% 72% Net loss (3,704) (4,267) (13) (4,834) (10,058) (52) Loss per common share – Basic and diluted (0.04) (0.06) (33) (0.06) (0.14) (57) EBITDA (1) (301) (1,872) 84 1,755 (5,264) NM EBITDA per common share (1) – Basic and diluted 0.00 (0.03) NM 0.02 (0.07) NM Adjusted EBITDA (1) 1,040 (2,043) NM 2,557 (5,278) NM Adjusted EBITDA per common share (1) – Basic and diluted 0.01 (0.03) NM 0.03 (0.07) NM (1) Refer to 'Non-GAAP and Supplementary Financial Measures' at the end of this document for further detail. NM – Not meaningful Article content Fiscal Second Quarter 2025 and Recent Financial and Operational Highlights Article content Blackline reported total revenue of $35.9 million, a 14% year-over-year increase. This growth was driven by a 31% increase in service revenue to $21.9 million, reflecting robust demand for Blackline's connected software services, which increased 32% to $19.2 million, along with rentals, which grew 20% to $2.7 million. Second quarter product revenue declined 5% year-over-year. This pullback was driven by geopolitical uncertainty that delayed deals in North America and internationally. While this timing impacts quarter-over-quarter comparability, product revenue increased 21% for the first half of 2025 compared to the same period in the previous year, underscoring the strength of our continued momentum into the second half of the year. Article content From a regional performance perspective, the Rest of World achieved a notable increase, with revenue advancing by 78% in the second quarter relative to the same period in the prior year. This robust growth affirms the continued expansion of our sales network and targeted initiatives in key areas such as the Middle East. In Canada and Europe, revenue increased by 23% and 14% respectively. Meanwhile, the U.S. market experienced a modest 1% increase, reflecting investment slowdown. Article content Gross margin reached a record of 63%, up from 57% in the prior year's quarter, driving gross profit for the second quarter up 26% year-over-year to $22.7 million. Service gross margin reached a record 79%, reflecting the Company's high-margin recurring revenue and growing demand for its connected safety services. Product gross margin was 39%, up from 34% a year ago, highlighting the resilience of Blackline's hardware margins despite tariff headwinds in the quarter. Trailing 12-month gross margin climbed to 61%, marking the 12 th consecutive quarter of margin expansion. Article content Total expenses were 70% as a percentage of revenue – compared with 69% last year in Q2 – as Blackline continued to invest in its operational infrastructure and sales growth initiatives. General and administrative expenses were 23% of revenue this year, compared to 21% in Q2 2024, driven by investments to support the Company's previously disclosed scalability initiatives. Sales and marketing expenses declined to 32% of revenue from 33% last year. Product research and development expenses decreased to 15% as a percentage of revenue from 16%. Article content Adjusted EBITDA for the quarter was $1.0 million, a significant improvement from a ($2.0) million loss in the prior year's quarter. This marks the fourth consecutive quarter of positive adjusted EBITDA, demonstrating the increasing scalability and resilience of Blackline's business model. The adjustment to EBITDA this quarter includes certain tariffs imposed on inventory shipped to the United States. Net loss for the quarter narrowed to ($3.7) million, a 13% improvement from Q2 last year, reflecting higher gross profit and improved operational leverage. Article content Blackline's cash and short-term investments totaled $52.6 million at the end of the quarter, a 22% increase from year-end fiscal 2024. The securitization facility was fully paid down and not renewed during the quarter. The Company had available capacity on its senior secured operating facility, including its accordion feature, of $17.5 million as of April 30, 2025, for total available liquidity of $70.1 million. Article content Blackline's Interim Condensed Consolidated Financial Statements and Management's Discussion and Analysis on Financial Condition and Results of Operations for the three-month and six-month period ended April 30, 2025, are available on SEDAR+ under the Company's profile at All results are reported in Canadian dollars. Article content Outlook Article content Most of the Company's products are United States–Mexico–Canada Agreement ('USMCA') compliant and exempt from tariffs currently in place on goods shipped to the United States from Canada. As a result, Blackline Safety remains well-positioned to expand its business with its comprehensive suite of connected safety wearables and area monitors. The Company's technology supports diverse industries worldwide, delivering real-time safety insights, emergency response management, and improved productivity. Article content The uncertainty surrounding tariffs may slow the global investment environment and impose additional costs on the business, with potential negative impacts on revenue and earnings. Blackline remains committed to leveraging its innovative product portfolio to meet the needs of customers worldwide. With strategic investments in manufacturing, sales, and marketing, we will continue to drive strong growth, particularly in our high margin service revenue, as we help transform the industrial workplace into a connected one. Article content Conference Call Article content A conference call and live webcast have been scheduled for 11:00 am ET on Wednesday, June 11, 2025. Participants should dial 1-833-821-3052 or 1-647-846-2509 at least 10 minutes prior to the conference time. A live webcast will also be available at Article content Participants should join the webcast at least 10 minutes prior to the start time to register and install any necessary software. A replay will be available after 2:00 PM ET on June 11, 2025 through July 11, 2025 by dialling 1-855-669-9658 (Canada/USA Toll Free) or 1-412-317-0088 (International Toll) and entering access code 3417383. Article content About Blackline Safety: Article content Blackline Safety is a technology leader driving innovation in the industrial workforce through IoT (Internet of Things). With connected safety devices and predictive analytics, Blackline enables companies to drive towards zero safety incidents and improved operational performance. Blackline provides wearable devices, personal and area gas monitoring, cloud-connected software and data analytics to meet demanding safety challenges and enhance overall productivity for organizations with customers in more than 75 countries. Armed with cellular and satellite connectivity, Blackline provides a lifeline to tens of thousands of people, having reported over 286 billion data-points and initiated over eight million emergency alerts. For more information, visit Article content Article content and connect with us on Article content Facebook Article content , Article content X (formerly Twitter) Article content , Article content LinkedIn Article content and Article content Instagram Article content . Article content Non-GAAP and Supplementary Financial Measures Article content This press release presents certain non-GAAP and supplementary financial measures, including key performance indicators used by management typically used by the Company's competitors in the software-as-a-service industry, as well as non-GAAP ratios to assist readers in understanding the Company's performance. These measures do not have any standardized meaning and therefore are unlikely to be comparable to similar measures presented by other issuers and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. Article content Management uses these non-GAAP and supplementary financial measures, as well as non-GAAP ratios and key performance indicators to analyze and evaluate operating performance. Blackline also believes the non-GAAP and supplementary financial measures defined below are commonly used by the investment community for valuation purposes, and are useful complementary measures of profitability, and provide metrics useful in Blackline's industry. Article content Throughout this news release, the following terms are used, which do not have a standardized meaning under GAAP. Article content Key Performance Indicators Article content The Company recognizes service revenues ratably over the term of the service period under the provisions of agreements with customers. The terms of agreements, combined with high customer retention rates, provides the Company with a significant degree of visibility into near-term revenues. Management uses several metrics, including the ones identified below, to measure the Company's performance and customer trends, which are used to prepare financial plans and shape future strategy. Key performance indicators may be calculated in a manner different than similar key performance indicators used by other companies. See also 'Supplementary Financial Measures' below. Article content 'Annual Recurring Revenue' is the total annualized value of recurring service amounts (ultimately recognized as software services revenue) of all service contracts at a point in time. Annualized service amounts are determined solely by reference to the underlying contracts, adjusting for the varying revenue recognition treatments under IFRS 15 Revenue from Contracts with Customers. It excludes one-time fees, such as for rentals, non-recurring professional services, and assumes that customers will renew the contractual commitments on a periodic basis as those commitments come up for renewal, unless such renewal is known to be unlikely. We believe that ARR provides visibility into future cash flows and is a fair measure of the performance and growth of our service contracts. Article content 'Net Dollar Retention' compares the aggregate service revenue contractually committed for a full period under all customer agreements of our total customer base as of the beginning of the trailing twelve-month period to the total service revenue of the same group at the end of the period. It includes the effect of our service revenue that expands, renews, is upsold or downsold or cancelled, but excludes the total service revenue from new activations during the period. We believe that NDR provides a fair measure of the strength of our recurring revenue streams and growth within our existing customer base. Article content Non-GAAP Financial Measures Article content A non-GAAP financial measure: (a) depicts the historical or expected future financial performance, financial position or cash of the Company; (b) with respect to its composition, excludes an amount that is included in, or includes an amount that is excluded from, the composition of the most comparable financial measure presented in the primary consolidated financial statements; (c) is not presented in the primary financial statements of the Company; and (d) is not a ratio. Article content Non-GAAP financial measures presented and discussed in this news release are as follows: Article content 'EBITDA' Article content is useful to securities analysts, investors and other interested parties in evaluating operating performance by presenting the results of the Company which excludes the impact of certain non-cash or non-operational items. EBITDA is calculated as earnings before interest expense, interest income, income taxes, depreciation and amortization. Article content 'Adjusted EBITDA' Article content is useful to securities analysts, investors and other interested parties in evaluating operating performance by presenting the results of the Company which excludes the impact of certain non-operational items and certain non-cash and non-recurring items, such as stock-based compensation expense. Adjusted EBITDA is calculated as earnings before interest expense, interest income, income taxes, depreciation and amortization, stock-based compensation expense, foreign exchange loss (gain), and non-recurring impact transactions, if any. The Company considers an item to be non-recurring when a similar revenue, expense, loss or gain is not reasonably likely to occur. Article content Reconciliation of non-GAAP financial measures Article content Three-Months Ended April 30, Six-Months Ended April 30, (CAD thousands) 2025 2024 % Change 2025 2024 % Change Net loss (3,704) (4,267) (13) (4,834) (10,058) (52) Depreciation and amortization 2,242 1,875 20 4,337 3,820 14 Finance (income) expense, net (177) 279 NM (68) 465 NM Income tax expense 1,338 241 455 2,320 509 356 EBITDA (301) (1,872) 84 1,755 (5,264) NM Stock-based compensation expense (1) 994 377 164 1,449 729 99 Foreign exchange gain (4) (548) (99) (1,198) (743) 61 Other non-recurring impact transactions (2) 351 — NM 551 — NM Adjusted EBITDA 1,040 (2,043) NM 2,557 (5,278) NM (1) Stock-based compensation expense relates to the Company's stock compensation plan and stock option expense is extracted from cost of sales, general and administrative expenses, sales and marketing expenses and product research and development costs on the condensed consolidated statements of loss and comprehensive loss. (2) Other non-recurring impact transactions in the current quarter includes tariffs imposed on inventory shipped to the United States and severance costs relating to the departure of a senior management personnel during the prior quarter. NM – Not meaningful Article content Non-GAAP Ratios Article content A non-GAAP ratio is a financial measure presented in the form of a ratio, fraction, percentage or similar representation and that has a non-GAAP financial measure as one or more of its components. Article content Non-GAAP ratios presented and discussed in this news release are as follows: Article content 'EBITDA per common share' Article content is useful to securities analysts, investors and other interested parties in evaluating operating and financial performance. EBITDA per common share is calculated on the same basis as net income (loss) per common share, utilizing the basic and diluted weighted average number of common shares outstanding during the periods presented. Article content 'Adjusted EBITDA per common share' Article content is useful to securities analysts, investors and other interested parties in evaluating operating and financial performance. Adjusted EBITDA per common share is calculated on the same basis as net income (loss) per common share, utilizing the basic and diluted weighted average number of common shares outstanding during the periods presented. Article content Supplementary Financial Measures Article content A supplementary financial measure: (a) is, or is intended to be, disclosed on a periodic basis to depict the historical or expected future financial performance, financial position or cash flow of the Company; (b) is not presented in the financial statements of the Company; (c) is not a non-GAAP financial measure; and (d) is not a non-GAAP ratio. Article content Supplementary financial measures presented and discussed in this news release is as follows: Article content 'Gross margin percentage' represents gross margin as a percentage of revenue 'Annual Recurring Revenue' represents total annualized value of recurring service amounts of all service contracts 'Net Dollar Retention' represents the aggregate service revenue contractually committed 'Product gross margin percentage' represents product gross margin as a percentage of product revenue 'Service gross margin percentage' represents service gross margin as a percentage of service revenue 'Total expenses as a percentage of revenue' represents total expenses as a percentage of total revenue Article content Note Regarding Forward Looking Statements Article content This news release contains forward-looking statements and forward-looking information (collectively 'forward-looking information') within the meaning of applicable securities laws relating to, among other things, the Company's expectation that EXO 8 provides an opening further opportunities for growth, management's belief that the current macroeconomic uncertainty is temporary, that the Company believes a majority its products are USMCA compliant and exempt from tariffs currently in place for goods being shipped to the United States from Canada and that the Company is well-positioned to expand its business with its comprehensive suite of connected safety wearables and area monitors, that the Company will continue to drive strong growth, especially in its high margin service revenue. Blackline provided such forward-looking statements in reliance on certain expectations and assumptions that it believes are reasonable at the time. The material assumptions on which the forward-looking information in this news release are based, and the material risks and uncertainties underlying such forward-looking information, include: expectations and assumptions concerning business prospects and opportunities, customer demands, the availability and cost of financing, labor and services, that Blackline will pursue growth strategies and opportunities in the manner described herein, and that it will have sufficient resources and opportunities for the same, that other strategies or opportunities may be pursued in the future, and the impact of increasing competition, business and market conditions; the accuracy of outlooks and projections contained herein; the continuation of USMCA and other applicable trade agreements; that future business, regulatory, and industry conditions will be within the parameters expected by Blackline, including with respect to prices, margins, demand, supply, product availability, supplier agreements, availability, and cost of labour and interest, exchange, and effective tax rates; projected capital investment levels, the flexibility of capital spending plans, and associated sources of funding; cash flows, cash balances on hand, and access to the Company's credit facility being sufficient to fund capital investments; foreign exchange rates; near-term pricing and continued volatility of the market; accounting estimates and judgments; the ability to generate sufficient cash flow to meet current and future obligations; the Company's ability to obtain and retain qualified staff and equipment in a timely and cost-efficient manner; the Company's ability to carry out transactions on the desired terms and within the expected timelines; forecast inflation, including on the Company's components for its products, regulatory changes, supply chain disruptions, macroeconomic conditions, US-Canada tariffs, the impacts of the military conflict between Russia and Ukraine and between Israel and Hamas on the global economy; and other assumptions, risks, and uncertainties described from time to time in the filings made by Blackline with securities regulatory authorities. Although Blackline believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Blackline can give no assurance that they will prove to be correct. Forward-looking information addresses future events and conditions, which by their very nature involve inherent risks and uncertainties, including the risks set forth above and as discussed in Blackline's Management's Discussion and Analysis and Annual Information Form for the year ended October 31, 2024 and available on SEDAR+ at Blackline's actual results, performance or achievement could differ materially from those expressed in, or implied by, the forward-looking information and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Blackline will derive therefrom. Management has included the above summary of assumptions and risks related to forward-looking information provided in this press release in order to provide readers with a more complete perspective on Blackline's future operations and such information may not be appropriate for other purposes. Readers are cautioned that the foregoing lists of factors are not exhaustive. These forward-looking statements are made as of the date of this press release and Blackline disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. Article content Article content Article content Article content Article content Contacts Article content INVESTOR/ANALYST CONTACT Article content Article content Jason Zandberg, Director, Investor Relations Article content Article content jzandberg@ Article content Article content Telephone: +1 587 324 9184 Article content MEDIA CONTACT Article content Article content Article content Article content
Yahoo
31-05-2025
- Business
- Yahoo
Ambarella price target raised to $75 from $70 at Northland
Northland analyst Gus Richard raised the firm's price target on Ambarella (AMBA) to $75 from $70 and keeps an Outperform rating on the shares. Ambarella reported 'a strong quarter,' guided to Q2 results 'well above consensus,' and expects FY26 revenue to grow 19%-25%, up from prior expectations of mid to high-teens, the analyst tells investors. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on AMBA: Disclaimer & DisclosureReport an Issue Ambarella price target lowered to $65 from $85 at Roth Capital Ambarella's Promising Edge AI Expansion Drives Buy Rating Ambarella price target raised to $63 from $50 at BofA Ambarella's Promising Outlook: Strategic Expansion and Diversified Revenue Streams Drive Buy Rating Ambarella's Strong AI Prospects Offset by Competitive and Operational Challenges: Hold Rating Maintained Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
28-05-2025
- Business
- Reuters
National Bank of Canada's second-quarter profit rises on strong financial markets business
May 28 (Reuters) - National Bank of Canada ( opens new tab reported a rise in second-quarter profit on Wednesday, helped by a robust performance in its financial markets units. The Canadian lender posted an adjusted profit of C$1.17 billion ($846.78 million), or C$2.85 per share, in the three months ended April 30, compared with a profit of C$906 million, or C$2.54 per share, last year. ($1 = 1.3817 Canadian dollars)
