Latest news with #SecuritySolutions
Yahoo
3 days ago
- Business
- Yahoo
Telos Corp (TLSRP.PFD) Q2 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic ...
Revenue: $36 million, a 26% increase, exceeding guidance range of $32.5 million to $34.5 million. Security Solutions Revenue: Approximately 90% of total company revenue. GAAP Gross Margin: 33.2%. Cash Gross Margin: 38.4%. Adjusted Operating Expenses: Approximately $900,000, better than guidance. Adjusted EBITDA: $400,000 profit, exceeding guidance range of a $2.1 million loss to a $600,000 loss. Operating Cash Flow: $7 million. Free Cash Flow: $4.6 million, or a 12.9% margin. Share Repurchases: $4 million deployed to repurchase approximately 1.5 million shares at $2.69 per share. Enrollment Centers: Expanded to 415 locations, a 43% increase since last earnings call. Warning! GuruFocus has detected 4 Warning Signs with Release Date: August 11, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Revenue grew 26% in the second quarter to $36 million, exceeding guidance. Security solutions delivered approximately 90% of total company revenue, driving outperformance. Adjusted EBITDA improved significantly, returning to a profit with a $400,000 gain. Free cash flow was robust, improving by $16 million year over year to $4.6 million. The company resumed share repurchases, deploying $4 million to buy back shares. Negative Points Gross margins were lower year over year due to revenue mix changes. Secure networks segment experienced contraction, partially offsetting growth in security solutions. The company faces variability in gross margins due to fluctuating revenue streams. The TSA PreCheck program's renewals are down due to the five-year anniversary of COVID. Confidential IT security work details are limited, providing less transparency on growth drivers. Q & A Highlights Q: Can you discuss the progress of TSA PreCheck enrollments and the target for market share? A: Mark Bendza, CFO, stated that they are on track to reach 500 locations by the end of the year, with enrollments increasing alongside the number of locations. Despite a decline in renewals due to the five-year anniversary of COVID, new enrollments are driving year-over-year performance. Q: What is driving the sequential increase in gross margin? A: Mark Bendza explained that the increase is due to the mix of revenue streams, each with different margin profiles. The third quarter is expected to see higher margins due to growth drivers in Telos ID and the mix within those programs. Q: Can you provide more details on the confidential IT security work for the federal government? A: Mark Bendza mentioned that while they cannot disclose specifics, the work is a meaningful addition to their revenue stream. Mark Griffin added that Telos has a strong pipeline with over 200 opportunities, valued at over $4 billion, with significant awards expected in Q4 and Q1 next year. Q: How will the changes in DHS security lines affect TSA PreCheck enrollments? A: Mark Griffin stated that the changes are not expected to negatively impact enrollments. In fact, they may increase program visibility, with speed through the line remaining a critical component of TSA PreCheck. Q: What is the capital allocation strategy given the strong free cash flow? A: Mark Bendza indicated that the priority is to use free cash flow for share buybacks. They will consider opportunistic tuck-in acquisitions and transformational M&A opportunities if they provide clear value for shareholders. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
6 days ago
- Business
- Yahoo
Why Kratos Defense Stock Popped Today
Key Points Kratos Defense beat on both sales and earnings last night. GAAP profits were $0.02 per share, and Kratos expects to remain GAAP profitable through year end. Free cash flow, however, is negative, and sales growth may be slowing. 10 stocks we like better than Kratos Defense & Security Solutions › Mid-cap defense stock and military drone specialist Kratos Defense & Security Solutions (NASDAQ: KTOS) soared 9.4% through 11:50 a.m. ET Friday after the company reported a substantial earnings beat last night. Heading into the report, analysts forecast Kratos would earn $0.09 per share on sales of $305.8 million, but Kratos reported an $0.11-per-share profit and sales of $351.5 million. Kratos Defense Q2 earnings Kratos' sales grew 17% in Q2, 15% of which was organic growth, a tremendous accomplishment -- although management said its book-to-bill ratio in Q2 was only 0.7, so business could be slowing down. Not all the news was good, however. On profits, it's worth noting that the $0.11 profit Kratos earned was a non-GAAP (adjusted) number, and that actual earnings as calculated according to generally accepted accounting principles (GAAP) amounted to only $0.02 per share -- down 60% year over year. Free cash flow in the quarter also ran negative, with Kratos burning through $31.1 million in Q2. Is Kratos stock a buy? As implied by the weak book-to-bill ratio, Kratos guided below analyst estimates for Q3 revenue, just $315 million to $325 million. The Q2 revenue beat, however, more than makes up for that shortfall, and guidance for the full year is slightly ahead of Wall Street forecasts, with Kratos likely to generate sales of roughly $1.3 billion through the end of this year. The company also expects to be profitable, at least on an operating basis, but also to continue burning cash through year end. Indeed, analysts who follow the company don't expect to see positive free cash flow before 2027. Between the negative free cash flow and the lofty valuation -- more than 400 times this year's estimated earnings -- Kratos stock remains a sell for me. Do the experts think Kratos Defense & Security Solutions is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Kratos Defense & Security Solutions make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,047% vs. just 181% for the S&P — that is beating the market by 865.68%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,563!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,108,033!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Kratos Defense Stock Popped Today was originally published by The Motley Fool
Malay Mail
07-08-2025
- Business
- Malay Mail
NineSmart and Uniforce Launch Integrated Smart Property and Security Solutions at Build4Asia 2025
NineSmart and Uniforce Launch Integrated Smart Property and Security Solutions at Build4Asia 2025 HONG KONG SAR - Media OutReach Newswire - 7 August 2025 - NineSmart, a leader in property technology, and Uniforce, top security and facility service provider, together announced their partnership at Build4Asia 2025 exhibition held in July. Jointly showcased NineSmart's Smart Property and Uniforce's advanced high-definition CCTV and Carpack System, the display combines NineSmart's AI innovation platform with Uniforce's security expertise, providing a comprehensive integrated solution for modern property Property is part of the NineSmart Go! platform, utilizing IoT and AI technologies, integrating key functions into a mobile app and a single cloud platform. Its modular and AI-driven design offers efficiency, sustainability and enhanced user experience, simplifying property management for residential, commercial, and clubhouse Platform: Integrates access control, facility booking, video intercom, elevator access and visitor registration into one platform, allowing administrators to easily manage permissions and monitor equipment Design: Uses AI to analyze access patterns, monitor IoT devices and automate tasks such as drafting announcements, enhancing operational Access: Provides contactless access to properties, supporting dynamic QR codes, NFC, Octopus and facial recognition, allowing remote unlocking and creating visitor QR code via a mobile Building Upgrades: Cloud technology enables real-time data sync and offline operations, supporting integration with existing property systems, enabling seamless upgrades for old Facility booking supports popular e-payment methods and provides real-time notifications and smart intercom to enhance user experience for residents or integrates with security management platforms, supporting high-precision applications that complement NineSmart's property management platform, providing more efficient security and parking management for various CCTV: Leverages Korean IP and analogue technologies with Sony CCD and DSP for 1080p clarity. Metal dome cameras ensure reliable all-weather monitoring, equipped with motion detection and remote live viewing for residential and commercial Carpark Management: Based on Jieshun Smart Terminal Operating Platform (JAVA-based), features 99% all-weather license plate recognition (LPR) for Hong Kong, China and Macau plates, with Octopus card-based entry/ exit for unmanned Parking Operations: Supports dual-lane traffic with built-in fill lights, centralized billing with receipt printing for hourly/ monthly users, parking space allocation analytics, and e-payment integration via Octopus or mobile and Flexible Customization: Enables remote operation, maintenance and upgrades with proactive fault notifications. Offers offline LPR, dual-machine collaborative algorithms for complex environments like curves, and secondary SDK for third-party integration, ensuring adaptability across property CEO Lucas Mo stated, "We are pleased to partner with the renowned Uniforce, integrating next-gen technology, high-quality equipment and industry intelligence to extend the application of Smart Property. Our display garnered widespread attention at Build4Asia 2025, reflecting market demand for such solutions."Uniforce General Manager Man Kwok added, "NineSmart injects new technologies and vitality into us. The seamless integration of both systems provides property management and developers with a one-stop, efficient and comprehensive solution that meets market demand, saves labor costs, optimizes security and operational processes in the long run."Hashtag: #NineSmart #Uniforce #PropertyTechnology #SmartProperty #CarparkSystem #CCTV The issuer is solely responsible for the content of this announcement. NineSmart Limited An incubatee of Cyberport Incubation Programme for Smart Living Start-ups, focusing on IoT solutions and software development, allowing different devices to be centrally managed through a single platform, revolutionizing property management in residential, commercial, and clubhouse environments. Visit for more information. Uniforce Security Systems Limited Established in 1989, utilizing advanced electronic equipment and computer-controlled products, leveraging professional knowledge and service to provide property protection, personal safety and security management. Uniforce departments include administration, security consulting, business, engineering, maintenance, technical development, a 24-hour central alarm monitoring station, system design, product support and customer service. Visit for more information.
Yahoo
06-08-2025
- Business
- Yahoo
Resideo (NYSE:REZI) Reports Upbeat Q2, Stock Soars
Home automation and security solutions provider Resideo Technologies (NYSE:REZI) reported revenue ahead of Wall Street's expectations in Q2 CY2025, with sales up 22.3% year on year to $1.94 billion. The company expects next quarter's revenue to be around $1.88 billion, close to analysts' estimates. Its non-GAAP profit of $0.66 per share was 24.5% above analysts' consensus estimates. Is now the time to buy Resideo? Find out in our full research report. Resideo (REZI) Q2 CY2025 Highlights: Revenue: $1.94 billion vs analyst estimates of $1.83 billion (22.3% year-on-year growth, 6.1% beat) Adjusted EPS: $0.66 vs analyst estimates of $0.53 (24.5% beat) Adjusted EBITDA: $210 million vs analyst estimates of $179 million (10.8% margin, 17.3% beat) The company lifted its revenue guidance for the full year to $7.5 billion at the midpoint from $7.39 billion, a 1.6% increase Management raised its full-year Adjusted EPS guidance to $2.81 at the midpoint, a 19.6% increase EBITDA guidance for the full year is $865 million at the midpoint, above analyst estimates of $748.4 million Operating Margin: 9.1%, up from 7.7% in the same quarter last year Free Cash Flow Margin: 9.3%, up from 4.8% in the same quarter last year Market Capitalization: $3.83 billion "Resideo had an exceptional second quarter, reporting record high results that were above the high-end of the range for all our key financial metrics. We are pleased to report that both the ADI and Products and Solutions segments generated organic net revenue growth, gross margin expansion, and robust Adjusted EBITDA growth," said Jay Geldmacher, Resideo's President and CEO. Company Overview Resideo Technologies, Inc. (NYSE: REZI) is a manufacturer and distributor of technology-driven products and solutions for home comfort, energy management, water management, and safety and security. Revenue Growth A company's long-term performance is an indicator of its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Thankfully, Resideo's 9.3% annualized revenue growth over the last five years was solid. Its growth beat the average industrials company and shows its offerings resonate with customers. Long-term growth is the most important, but within industrials, a half-decade historical view may miss new industry trends or demand cycles. Resideo's annualized revenue growth of 8.1% over the last two years is below its five-year trend, but we still think the results were respectable. We can dig further into the company's revenue dynamics by analyzing its most important segments, ADI Global Distribution and Products & Solutions, which are 65.7% and 34.3% of revenue. Over the last two years, Resideo's ADI Global Distribution revenue (wholesale distribution of 450k+ products) averaged 16.4% year-on-year growth. On the other hand, its Products & Solutions revenue (branded offerings) averaged 1.8% declines. This quarter, Resideo reported robust year-on-year revenue growth of 22.3%, and its $1.94 billion of revenue topped Wall Street estimates by 6.1%. Company management is currently guiding for a 2.6% year-on-year increase in sales next quarter. Looking further ahead, sell-side analysts expect revenue to remain flat over the next 12 months, a deceleration versus the last two years. This projection doesn't excite us and suggests its products and services will see some demand headwinds. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) stock benefiting from the rise of AI. Click here to access our free report one of our favorites growth stories. Operating Margin Operating margin is an important measure of profitability as it shows the portion of revenue left after accounting for all core expenses – everything from the cost of goods sold to advertising and wages. It's also useful for comparing profitability across companies with different levels of debt and tax rates because it excludes interest and taxes. Resideo has done a decent job managing its cost base over the last five years. The company has produced an average operating margin of 8.9%, higher than the broader industrials sector. Looking at the trend in its profitability, Resideo's operating margin decreased by 1.4 percentage points over the last five years. This raises questions about the company's expense base because its revenue growth should have given it leverage on its fixed costs, resulting in better economies of scale and profitability. In Q2, Resideo generated an operating margin profit margin of 9.1%, up 1.4 percentage points year on year. The increase was encouraging, and because its operating margin rose more than its gross margin, we can infer it was more efficient with expenses such as marketing, R&D, and administrative overhead. Earnings Per Share Revenue trends explain a company's historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions. Resideo's EPS grew at an astounding 20% compounded annual growth rate over the last five years, higher than its 9.3% annualized revenue growth. This tells us the company became more profitable on a per-share basis as it expanded. Like with revenue, we analyze EPS over a shorter period to see if we are missing a change in the business. For Resideo, its two-year annual EPS growth of 26.3% was higher than its five-year trend. We love it when earnings growth accelerates, especially when it accelerates off an already high base. In Q2, Resideo reported adjusted EPS at $0.66, up from $0.62 in the same quarter last year. This print easily cleared analysts' estimates, and shareholders should be content with the results. We also like to analyze expected EPS growth based on Wall Street analysts' consensus projections, but there is insufficient data. Key Takeaways from Resideo's Q2 Results This was a beat and raise quarter. We were impressed by Resideo's optimistic EBITDA guidance for next quarter, which blew past analysts' expectations. We were also excited its EBITDA outperformed Wall Street's estimates by a wide margin. Zooming out, we think this was a solid print. The stock traded up 5.8% to $27.77 immediately after reporting. Resideo put up rock-solid earnings, but one quarter doesn't necessarily make the stock a buy. Let's see if this is a good investment. If you're making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it's free. 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National Post
17-07-2025
- Business
- National Post
Swissbit to Debut at Black Hat USA 2025
Article content WESTFORD, Mass. — Swissbit, a leading manufacturer of storage and security solutions, will make its debut at Black Hat USA on August 6–7, 2025, at the Mandalay Bay Convention Center in Las Vegas. At booth #6025, Swissbit will showcase its unique approach to cybersecurity – protecting the often-neglected physical layer of connected systems, from IoT and industrial equipment to critical infrastructure and edge devices. All Swissbit products, including its latest security innovations, are manufactured in Germany to ensure a transparent supply chain, industrial-grade quality, and trusted reliability. Exposing the hidden risk: physical access to embedded systems While much focus is placed on cloud and AI infrastructure, a critical security gap remains: Physical attacks on embedded and edge systems. Often deployed in remote or exposed environments, these systems are vulnerable to tampering and data theft. From smart meters and PLCs to drones, the consequences can be serious. Swissbit addresses this threat with plug-and-play, hardware-based solutions that secure both new and legacy systems, without the need for major redesigns. Article content Article content 'We're excited to bring Swissbit's expertise to Black Hat for the first time,' said Claus Gründel, General Manager Security Solutions at Swissbit. 'Physical attacks are a growing risk that many still underestimate. We provide easy-to-integrate, hardware-based security that protects systems and data at the edge, where software alone isn't enough.' Hardware-based protection for data and devices Article content At Black Hat, Swissbit will demonstrate secure storage products such as microSD cards with AES-256 encryption and secure boot capabilities. These solutions retrofit embedded systems and protect edge-generated data like video and sensor streams from unauthorized access. By enabling compliance with regulations such as the EU Cyber Resilience Act and NIS2, Swissbit offers a future-proof path to stronger, more sustainable cybersecurity. Article content Bridging digital and physical access with iShield Key 2 Article content Also featured at the Swissbit booth: the new iShield Key 2 series -compact security keys that combine FIDO-based multi-protocol authentication with physical access control. Tailored for enterprise and government use, they integrate secure login and facility entry into a single, robust solution for digital identity and access protection. Article content Article content Article content Article content
