Latest news with #WPRO
Mint
18-07-2025
- Business
- Mint
Wipro share price gains 4% post Q1 results. Dividend announcement: Should you buy or sell the stock?
Stock Market Today: Wipro share price gains 4% in the morning trades on Friday post Q1 results declared after the market hours on Thursday. Wipro also announced a dividend. Should you buy or sell the stock? The Bengaluru-based company posted a consolidated net profit of ₹ 3,336 crore in Q1FY26, representing a 10% YoY increase. though on a sequential basis the Wipro net profit declined 7%. Its constant currency revenue fell both sequentially and year-on-year, coming in at $2,590 million, down 2% sequentially and 2.3% YoY, but beating expectations. The IT segment's revenue was $2,587.4 million, a 0.3% decrease from the previous quarter and 1.5% year-on-year. The Q1 performance came in line with or slightly higher than analysts estimates. The deal wins also remained strong, which enthused analysts, though some remain watchful on execution. JM Financial Institutional Securities said that WPRO's 1Q performance met expectations. With margins now within WPRO's goal range of 17-17.5%, the company's focus has shifted strongly toward growth. as per JMFL A TCV of $5 billion at a book-to-bill ratio of 1.9x is the highest among peer groups, providing compelling evidence. The company secured two large deals for more than $500 million in the first quarter, following a 500 million pound contract in the fourth. WPRO's competitive positioning and better win rates are highlighted by these multi-vendor engagements, which are generally overlooked as per JMFL. JMFL has raised FY26 and FY27 estimated constant currency revenues but lowered margin estimates slightly. Though EPS neutral, improving growth prospects should be reflect in better multiples, as per JMFL, who has reiterated BUY ratings on the stocks with a revised target price of ₹ 320 (from ₹ 310 earlier) Motilal Oswal Financial Services model a 1.3% year-on-year constant currency revenue decline for FY26, factoring in a soft start (1Q services revenue was down 2.0% sequentially in constant currency), muted Q2 guidance, and a gradual recovery in the second half as large deal ramp-ups begin to reflect in revenue. While strong deal TCV and early signs of stabilization in Europe prompt a slight upward revision to our FY26 and FY27 estimates (by 2%), they see limited room for margin expansion from current levels. Motilal Oswal Financial Services said that further improvement in execution and sustained conversion of deal TCV to revenue will be key for a constructive view The target price of MOFSL for Wipro Share price stands at ₹ 230
Business Upturn
25-06-2025
- Business
- Business Upturn
Amesite's HIPAA Compliant NurseMagic™ App Now Operates in 16 Languages — Expanding Access to AI-Powered Charting for Nearly 1 Million U.S. Nurses
By GlobeNewswire Published on June 26, 2025, 01:43 IST DETROIT, June 25, 2025 (GLOBE NEWSWIRE) — Amesite Inc. (NASDAQ: AMST), a leading developer of AI-powered enterprise solutions, today announced that its flagship app, NurseMagic™, now supports charting in 16 languages. This major enhancement is designed to address a key barrier to success for nearly 1 million nurses in the U.S. who speak English as a second language (ESL) — accounting for 19.2% of the nursing workforce — and to chart more efficiently and with greater confidence. This multilingual capability positions Amesite to meet immediate market needs. Markets now able to leverage the platform include: ESL nurses in the United States : Nearly 20% of U.S. nurses have English as a Second Language (ESL) : Nearly 20% of U.S. nurses have English as a Second Language (ESL) International healthcare systems treating U.S. patients : There are over 6.5 Million nurses in the top 10 medical tourist destinations for U.S. patients alone. : There are over 6.5 Million nurses in the top 10 medical tourist destinations for U.S. patients alone. Private clinics in multilingual regions: The private sector provides nearly 40% of all healthcare in PAHO, AFRO, and WPRO regions, 57% in SEARO, and 62% in EMRO. Madison Bush, Director of Corporate Operations, said, 'This rollout reflects our disciplined approach to targeting segments with clear, documented needs — including the nearly one in five nurses in the U.S. who speak English as a second language. By addressing the needs of this workforce, who must document in English, we're positioned to capture value domestically and expand internationally.' Sai Nittala, Senior AI Manager, said, 'NurseMagic™ V3.0 delivers healthcare charting solutions that outperform generic, off-the-shelf AI tools. Unlike many unregulated or non-integrated solutions, NurseMagic™ is designed for seamless integration into critical healthcare workflows — where compliance, accuracy, and efficiency are essential. Our multilingual capability underscores our ability to scale rapidly while meeting real-world needs.'' Dr. Ann Marie Sastry, Founder & CEO, said, 'We have growing B2B traction following our launch of enterprise administration tools, and are also supporting B2C growth in new segments that prepare us for global expansion. As reported in our Q3 2025 10‑Q, we achieved a 2.4× quarter-on-quarter revenue increase while continuing to cut operating expenses. We believe we're on track for further revenue growth and cost efficiencies in coming quarters.' NurseMagic™ is Now Available In: English, Chinese, Hindi, Spanish, French, Portuguese, Russian, Indonesian, German, Japanese, Korean, Turkish, Italian, Ukrainian, Dutch, Swedish. Amesite recently announced a 2.4x quarter-over-quarter revenue increase in its 10-Q filing, driven by rapid adoption of its NurseMagic™ platform and improvements in operating efficiency. The company also launched a higher-priced enterprise tier in response to growing B2B demand for more capacity. In April, Amesite reported that NurseMagic™ meets HIPAA requirements for individual users and enterprises, enabling secure documentation of protected health information across all user types. About Amesite Inc. Amesite (NASDAQ: AMST) is an AI-driven company with an immediate aim to transform the $330 billion home and healthcare segments. Its flagship product, NurseMagic™, streamlines documentation for nurses and caregivers, reducing the time required from 20 minutes to just 20 seconds. NurseMagic™ is used by over 100 professions to improve care, enhance operational efficiency and improve financial performance. Built on proprietary AI trained on industry-specific data, NurseMagic meets HIPAA regulations while improving accuracy and efficiency. The platform serves B2B and B2C users across 50 states and 21 countries, offering seamless integration into healthcare workflows and translations to over 50 languages. Forward-Looking Statements This communication contains forward-looking statements (including within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended) concerning the Company, the Company's planned online machine learning platform, the Company's business plans, any future commercialization of the Company's online learning solutions, potential customers, business objectives and other matters. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as 'may,' 'will,' 'should,' 'would,' 'expect,' 'plan,' 'believe,' 'intend,' 'look forward,' and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement. Risks facing the Company and its planned platform are set forth in the Company's filings with the SEC. Except as required by applicable law, the Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. Investor Relations [email protected] Sources Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Boston Globe
25-06-2025
- Politics
- Boston Globe
It's decision time for Speaker Shekarchi in the Rhode Island governor's race
Advertisement It was the kind of pragmatic approach that Shekarchi prides himself on taking. He came across as one of the few adults in the State House without risking virtually any of his own political capital, and he landed on the right side of an issue that Get Rhode Map A weekday briefing from veteran Rhode Island reporters, focused on the things that matter most in the Ocean State. Enter Email Sign Up Which, like it or not, is exactly the kind of governor Shekarchi would be. Now that the Advertisement During an interview with WPRO's Gene Valicenti 'Whatever decision I make will be based on what I think can be effective and good for myself and the people of Rhode Island, and it will not be not determined on who else is in the race or whatever everyone else is doing,' Shekarchi said. You have to be fluent in Shekarchi-speak to understand the message there. He no longer cares that incumbent Democratic Governor Dan McKee says he's running for reelection. He can read a poll as well as anyone in the state – a recent University of New Hampshire poll found McKee's He also doesn't care that Conventional wisdom holds that Foulkes, the former CVS executive who surged late in the 2022 primary, would benefit from a split between McKee and Shekarchi — making her the outsider versus two insiders. But Foulkes' path to victory would be made cloudier by Shekarchi entering the race, consolidating labor support, and pushing McKee out of the race. There's a reason she jokes to her supporters that she doesn't want McKee to call it quits. Advertisement That's not to say Shekarchi would be a lock to win a Democratic primary, either. He's quickly establishing himself as one of the best House speakers in generations, but he's untested when it comes to statewide elections. There are legitimate questions about whether he can take a political punch, as he can be sensitive to even mild criticism. But if you want to know how Shekarchi would lead the state, look no further than the gun issue. He's not a fan of splashy theatrics, and prefers to reach compromise rather than digging in his heels simply to make a point. He moved the ball forward without making enemies, and without having to sacrifice anything politically. Getting things done without making enemies is something Shekarchi knows how to do. The question is whether Democratic voters want a dealmaker or a fighter. Dan McGowan can be reached at
Boston Globe
14-05-2025
- Politics
- Boston Globe
From podcasting to politics: Bill Bartholomew mulls a run for R.I. lieutenant governor
Get Rhode Map A weekday briefing from veteran Rhode Island reporters, focused on the things that matter most in the Ocean State. Enter Email Sign Up The bigger picture: Bartholomew would need to prove he has the ability to raise enough money to be competitive – Matos spent more than $500,000 during her first campaign for lieutenant governor in 2022 – but he believes there could be an opening for a center-left candidate in the race. Advertisement He is well-liked by progressives who could help him in a Democratic primary, but he has also gained the respect of more-conservative listeners at WPRO. He tends to offer a more-optimistic, upbeat view of Rhode Island than some of his colleagues, but he has been highly critical of Department of Transportation Director Peter Alviti's handling of the Advertisement While nothing would stop him from keeping his podcast, Bartholomew could face pressure to leave the radio gig if he officially enters the race (in 2014, Buddy Cianci kept his job as a radio host after entering the race for mayor, but took a leave of absence after the Democratic primary). Matos has already said she is running for reelection next year, and plenty of currently elected officials have also been mentioned as potential candidates, including term-limited Attorney General Peter Neronha, state Senator Lou DiPalma, and Central Falls Mayor Maria Rivera. This story first appeared in Rhode Map, our free newsletter about Rhode Island that also contains information about local events, links to interesting stories, and more. If you'd like to receive it via email Monday through Friday, . Dan McGowan can be reached at
Boston Globe
29-04-2025
- Business
- Boston Globe
Leaders favored for R.I. Senate's top posts revive debate on taxing state's wealthiest
Not so fast, though. Both Governor Dan McKee and House Speaker Joe Shekarchi have repeatedly poured cold water on the idea, with McKee recently telling WPRO's Gene Valicenti that he wouldn't be in favor of raising taxes 'unless there's a really good reason to do it.' Get Rhode Map A weekday briefing from veteran Rhode Island reporters, focused on the things that matter most in the Ocean State. Enter Email Sign Up If this issue picks up steam, you can expect McKee and Shekarchi to point to a policy brief Advertisement The bigger picture: Advertisement The report notes that income tax revenues grew by an average of 6.2 percent annually between the 2019 and 2025 fiscal years, and suggests that higher earners 'not only contribute a disproportionate share of tax revenue but also fuel economic growth and philanthropic activity.' 'The data show that Rhode Island's tax system already places a substantial burden on high earners and small businesses,' RIPEC President and CEO Michael DiBiase said. 'Rather than raising rates, we should be considering ways to make our tax code more competitive and more supportive of economic growth.' Between the lines: There's always a chance McKee and Shekarchi could soften their stance on taxes no matter what RIPEC says. The obvious reason would be due to a significant cut in federal funding – which has not been proposed at this point – but there is also a lot of pressure on state leaders to address the shortage in primary care providers. At the same time, there's also a chance that Lawson wouldn't want her first action as the newly elected Senate president to be as controversial as an income tax increase might be. This story first appeared in Rhode Map, our free newsletter about Rhode Island that also contains information about local events, links to interesting stories, and more. If you'd like to receive it via email Monday through Friday, . Dan McGowan can be reached at
