Latest news with #returnonequity
Yahoo
2 days ago
- Business
- Yahoo
Fortinet's (FTNT) Q2 Results Impress as Billings and Operating Margin top Guidance
Fortinet, Inc. (NASDAQ:FTNT) is one of the top tech stocks with a strong return on equity. On August 7, the company delivered solid second-quarter results, as it topped both billing and operating margin guidance. Total billings increased by 15% to $1.78 billion in the quarter, driven by a 21% rise in Unified SASE and a 31% increase in SecOPs. The increase was driven by continued momentum among large enterprise customers, with a total deal value exceeding $1 million. The company reported quarterly adjusted earnings of $0.64 per share, higher than the $0.57 per share delivered in the same quarter last year. Revenue in the quarter was up 13.6% year-over-year to $1.63 billion, higher than $1.62 billion that analysts expected. During the quarter, Fortinet launched three new cloud services: FortiIdentity, FortiDrive, and FortiConnect. For the third quarter, Fortinet expects guided billing to range between $1.76 billion and $1.84 billion. It expects revenues to range between $1.67 billion and $1.73 billion with non-GAAP EPS of between $0.62 and $0.64 a share. The company also raised the midpoint of its full-year billings guidance by $100 million to between $7.325 billion and $7.475 billion. Fortinet, Inc. (NASDAQ:FTNT) is a cybersecurity company that provides a wide range of security solutions for businesses, governments, and service providers. It offers products and services to protect networks, applications, and data from cyber threats. Its platform includes firewalls, switches, access points, and AI-powered security services. While we acknowledge the potential of FTNT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Best NYSE Penny Stocks to Invest in Now and 10 Best 52-Week High Stocks to Buy According to Analysts. Disclosure: None. This article is originally published at Insider Monkey. 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
Yahoo
2 days ago
- Business
- Yahoo
NVIDIA Corp (NVDA) Agrees 15% Charge on H20 Sales to China
NVIDIA Corporation (NASDAQ:NVDA) is one of the top tech stocks with a strong return on equity. On August 10, it was reported that the company had agreed to pay 15% of its Chinese revenues to the US government as part of an agreement to secure export licenses. Under the terms of the agreement, Nvidia is to pay 15% of its revenues from H20 chip sales in China to the US government. The H20 chip was specifically developed for the Chinese market in response to the US export restrictions imposed by the Biden administration in 2023. The Trump administration effectively banned its sale in April. The reprieve to sell the H20 chip to China comes after Chief Executive Officer Jensen Huang spent months lobbying both sides for the resumption of sales to China. The US Commerce Department has reportedly started issuing H20 export licenses days after the CEO met with President Donald Trump. NVIDIA Corporation (NASDAQ:NVDA) is a semiconductor giant that produces graphics processing units used in video games, data centers, and PCs, among other devices. The company has broadened its use into emerging markets of supercomputing and artificial intelligence. The company has demonstrated its efficiency in utilizing shareholder investments to generate profits, as evidenced by its high return on equity of 115.46%. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Best NYSE Penny Stocks to Invest in Now and 10 Best 52-Week High Stocks to Buy According to Analysts. Disclosure: None. This article is originally published at Insider Monkey. 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
Yahoo
2 days ago
- Business
- Yahoo
GoDaddy (GDDY) Q2 Results Bolstered by Agentic AI Integration
GoDaddy Inc. (NYSE:GDDY) is one of the top tech stocks with a strong return on equity. On August 7, the company delivered strong second-quarter 2025 results, affirming an accelerated pace of innovation driven by the potential of agentic artificial intelligence. Revenue in the quarter was up 8% year-over-year to $1.2 billion, driven by a 7% increase in total bookings. Applications and commerce revenue grew 14% to $463.9 million as Core platform revenue increased 5% to $753.7 million. Net income totaled $199.9 million, representing a 37% increase. During the quarter, GoDaddy returned value to shareholders by repurchasing 5.2 million shares for $906 million. For the third quarter, the company is projecting revenues of between $1.22 billion and $1.24 billion, representing 7% year-over-year increase. For the full year, the company has raised its revenue expectations to between $4.89 billion and $4.94 billion, representing 7% growth at the midpoint. GoDaddy Inc. (NYSE:GDDY) is a technology company that provides a range of services to help individuals and businesses establish and grow their online presence. It offers domain registration, website hosting, and various online marketing tools. The company boasts of an impressive track record in converting financing into profits going by the high return on equity. While we acknowledge the potential of GDDY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Best NYSE Penny Stocks to Invest in Now and 10 Best 52-Week High Stocks to Buy According to Analysts. Disclosure: None. This article is originally published at Insider Monkey. 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
Zawya
2 days ago
- Business
- Zawya
Al Salam Bank posts record H1 profits
Al Salam Bank has announced net profits attributable to shareholders of $98.2 million for the six-month period ended June 30 (H1 2025), reflecting an increase of 30.9% from $75 million in H1 2024, and a return on equity of 16.9%, up from 15.6% in the previous year. This increase in profitability was predominantly driven by the strong performance of the group's core banking operations. Correspondingly, earnings per share increased by 29.0% to USD31.8 cents in H1 2025, compared to USD24.7 cents in H1 2024, the bank said. During the first half of 2025, the group successfully executed a wide range of optimisation initiatives to enhance its operational efficiency which was evident in the reduction noted in the cost-to-income ratio during the period from 49.9% in H1 2024 to 45.3% in H1 2025. The group's balance sheet sustained its upward momentum, with total assets rising by 10.8% to $20.76 billion in H1 2025, up from $18.73 billion in 2024. Financing assets increased by 8.3% to $10.52 billion, while customer deposits grew to $14.07 billion, recording a growth of 7.1% from $13.14 billion as at December 31, 2024. Total shareholders' equity increased by 11.7% to $1.07 billion in H1 2025 compared to $956.2 million as at December 31, 2024, supported by the net profit recorded during H1 2025 as well as the successful closing of several key capital building initiatives including the bank's $450 million Additional Tier 1 (AT1) capital issuance. Consequently, the group achieved a strong capital adequacy ratio of 25.2% as of June 30, 2025, up from 24.8% achieved in 2024. Shaikh Khalid bin Mustahail Al Mashani, Chairman of Al Salam Bank, said: 'Building on the strong momentum set in the first quarter of 2025, Al Salam Bank sustained consistent growth across its core operations despite the turbulent geopolitical and economic landscape. As global markets remain volatile and opportunities emerge in the region, our ability to adapt and perform with resilience has been a defining strength. We remain focused on long-term value creation, underpinned by strong fundamentals, disciplined risk management, and a forward-looking strategy for sustainable growth in the second half of the year.' Rafik Nayed, Group Chief Executive Officer of Al Salam Bank, added: 'Our H1 2025 results demonstrate the resilience and adaptability of our business model. We have advanced our strategic priorities by improving our operational efficiency, investing in digital innovation and reinforcing our regional capabilities with ASB Capital. Looking ahead, we will continue to deepen client relationships and pursue opportunities across banking and asset management to fuel long-term, diversified growth.'
Yahoo
4 days ago
- Business
- Yahoo
Motorola Solutions (MSI) Delivers Record Q2 Revenue and Operating Margin on Topline Growth
Motorola Solutions, Inc. (NYSE:MSI) is one of the top tech stocks with a strong return on equity. On August 8, the company delivered strong second-quarter 2025 results, characterized by record revenues and operating earnings. Healthy growth dynamics and robust order trends drove the better-than-expected results. Ken Wolter / The company posted earnings of $602 million, or $3.57 per share, which is better than the $552 million, or $3.24 per share, delivered in the same quarter last year. The year-over-year increase was driven by top-line growth. The earnings increase came as Motorola saw robust demand for its safety and security solutions. Revenue in the quarter increased by 5% year-over-year to $2.8 billion, driven by robust growth in North America and internationally. The Software and Services segment grew 15%, driven by growth in Land Mobile Radio Communications. For the third quarter, Motorola expects revenue growth of approximately 7% year-over-year, with earnings per share of between $3.82 and $3.87 per share. The company also increased its full-year guidance, now expecting revenues of $11.65 billion, representing 7.7% growth, up from the previous guidance of $11.4 billion. It also expects earnings of between $14.88 and $14.98 per share, up from the prior guidance of between $14.64 and $14.74 per share. Motorola Solutions, Inc. (NYSE:MSI) is a technology company that provides safety and security technologies and services. It focuses on mission-critical communications, command center software, video security, and managed and support services. The company boasts a high return on equity, affirming its ability to manage assets to generate shareholder value. While we acknowledge the potential of MSI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Best NYSE Penny Stocks to Invest in Now and 10 Best 52-Week High Stocks to Buy According to Analysts. Disclosure: None. This article is originally published at Insider Monkey.
