Showing posts with label Q2 2018. Show all posts
Showing posts with label Q2 2018. Show all posts

2018-08-15

Tencent Holdings Q2 2018 Earnings, LIVE Webcast, Aug 15, 8am EDT

Tencent Holdings Ltd.
Hong Kong Stock Exchange: HKG: 0700
Tencent Holdings Ltd: HKG: 0700
Principal domain: tencent.com
Investor Relations: tencent.com/en-us/investor.html

UPDATE: Q2 2018 Earnings Release (pdf) excerpts:
  • Total revenues were RMB147,203 million (USD22,248 million1 ), an increase of 39% over the first half of 2017 (“YoY”). 
  • Operating profit was RMB52,499 million (USD7,934 million), an increase of 25% YoY. Operating margin decreased to 36% from 39% last year. 
  • Profit for the period was RMB42,553 million (USD6,431 million), an increase of 30% YoY. Net margin decreased to 29% from 31% last year. 
  • Profit attributable to equity holders of the Company for the period was RMB41,157 million (USD6,220 million), an increase of 26% YoY. 
  • Basic earnings per share were RMB4.363. Diluted earnings per share were RMB4.303
See also: "Tencent's earnings disappointment, which sent the stock plunging and dragged EM futures lower..."--Tech Stocks Slammed After Tencent Shocker | ZeroHedge.com 15 Aug 2018.

Tencent Holdings Limited's release of 2018 Second Quarter and Interim Results: Wednesday, August 15, 2018. Mr. Ma Huateng, Chairman & CEO, Mr. Martin Lau, President, Mr. James Mitchell, CSO and Mr. John Lo, CFO, will host a conference call to review the Company’s business and financial performance and discuss the Company’s future plans. A live webcast of this conference call will be available on the Company’s website as follows: time: 8:00 p.m. HKT/ 8:00 a.m. EDT Webcast Access: http://www.tencent.com/webcasting/2Q18. PowerPoint slides will be presented during the live webcast. Archived webcast will be available at the same link above.

Dial-in numbers: US Toll Free: 184 4760 0770; UK: +44 20371 35084; China (Landline): 80087 00532; China (mobile): 40062 40407; International: +65 6713 5330; HK: +852 3018 8307; Passcode for Participants: 267 9428. A replay of the conference call can be reached at 185 5452 5696 (US Toll Free), or +61 2 9003 4211 (International). Conference ID number is 267 9428.

Tencent Holdings Limited is a Chinese multinational investment holding conglomerate founded in 1998, with subsidiaries specialize in various internet-related services and products, entertainment,  artificial intelligence and technology both in China and globally. 

Headquarters: Its twin-skyscrapers headquarters Tencent Seafront Towers (also known as Tencent Binhai Mansion) are based in Nanshan District, Shenzhen, China.

According to its Wikipedia.org profile: "Tencent is the world's biggest investment corporation, one of the largest internet and technology companies, one of the biggest venture capital firms, and the largest and most valuable gaming (Tencent Games) and social media company. Its many services include social network, music, web portals, e-commerce, mobile games, internet services, payment systems, smartphones, and multiplayer online games, which are all among the world's biggest and most successful in their respective categories. Offerings in China include the well-known instant messenger Tencent QQ and one of the largest web portals, QQ.com. Its mobile chat service WeChat has helped bolster Tencent's continued expansion into smartphone services, and has been credited as one of the world's most powerful apps. It also owns the majority of China's music services (Tencent Music Entertainment), with more than 700 million active users and 120 million paying subscribers, the world's largest and most profitable."
  • Revenue: 237.8 billion CNY (2017)
  • Subsidiaries: Epic Games, Tencent Games, Riot Games, Supercell, WeChat and more.
  • Founders: Ma Huateng a/k/a Pony Ma, Chen Yidan, Zhang Zhidong, Xu Chenye, Zeng Liqing
See also: Government of China blocks Tencent fantasy game days after launch--chinaeconomicreview.com 14 Aug 2018.


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2018-08-02

GoDaddy $GDDY Q2 2018 Earnings LIVE Webcast Aug 2, 5pm EDT

 GoDaddy
GoDaddy Inc.
Principal Domain: GoDaddy.com.
NYSE: GDDY
$GDDY
Investor Relations: investors.godaddy.net.

UPDATE: GoDaddy Inc. (GDDY) CEO Scott Wagner on Q2 2018 Results - Earnings Call Transcript--SeekingAlpha.com.

GoDaddy's news release of financial results, via its investor relations website, for the second quarter, 2018: Thursday, August 2, 2018, after the stock market closes, followed by GoDaddy management's conference call and webcast: 5:00 p.m. EDT. 

LIVE webcast of the call available via GoDaddy's investor relations website. Following completion of the call, a recorded replay will be available on the investor relations website. The conference call via phone: dial (866) 393-4306 in the United States or (734) 385-2616 from international locations, with passcode 8879006.

UPDATE: Q2 2018 earnings release (pdf)--excerpts below, and earnings call presentation (pdf).
"GoDaddy successfully delivered another solid quarter with continued customer, revenue, and cash flow growth," said GoDaddy CEO Scott Wagner. "We are making great progress on our 2018 strategic initiatives including growing the adoption of GoCentral and beginning the integration of Main Street Hub. We continue to see tremendous opportunity for long-term growth, as we expand both our product offerings and the customers we serve."
  • Total revenue of $651.6 million, up 16.8% year over year.
  • Total bookings of $754.2 million, up 13.0% year over year.
  • Net cash provided by operating activities of $128.9 million, up 13.8% year over year.
  • Unlevered free cash flow of $154.7 million, up 14.6% year over year.
  • Customers of 18.0 million as of June 30, 2018, up 6.5% year over year.
  • Average revenue per user (ARPU) of $142, up 10.2% year over year.
  • Domains revenue of $304.8 million, up 15.8% year over year.
  • Hosting and Presence revenue of $244.6 million, up 13.8% year over year.
  • Business Applications revenue of $102.2 million, up 28.4% year over year.
  • International revenue of $233.3 million, up 24.3% year over year.

GoDaddy, the world's largest domain name registrar, and a provider of cloud services, previously reported more than 17.5 million customers worldwide and over 76 million domain names under management. GoDaddy's published mission is to give "customers the tools, insights and the people to transform their ideas and personal initiative into success."

See also: Private equity firm KKR & Co LP's quarterly earnings were boosted by selling down stakes in investments like GoDaddy Inc. (NYSE: GDDY)--reuters.com.



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2018-08-01

Tesla $TSLA Q2 2018 Financial Results, LIVE Webcast Aug 1, 5:30pm EDT

$TSLA August 7, 2018
UPDATE: Taking Tesla Private? The email that was sent to Tesla employees August 7, 2018.

Original Post:
Tesla, Inc. 
NASDAQ: TSLA

$TSLA
Principal domain: tesla.com
Investor Relations: ir.tesla.com


Earnings Release (pdf) excerpts:
  • Q2 Automotive gross margin increased to 20.6% GAAP and 21.0% non-GAAP 
  • Model 3 gross margin turned slightly positive in Q2, expecting roughly 15% in Q3 
  • Expecting to produce 50-55k Model 3s in Q3; deliveries should exceed that 
  • Major cost restructuring executed in Q2 
  • $2.2B of cash and cash equivalents at Q2-end, expected to grow in Q3 and Q4 
  • Capex projection in 2018 adjusted to <$2.5B
Revenue of $4B (+43.4% Y/Y) beat consensus analysts estimate by $70M.
$TSLA shares are trading UP in after hours trading.

Can Elon Musk make Tesla into a real car company? Featured in the July 16, 2018 issue of Bloomberg Businessweek.

See also: Tesla Shorts Are Scared, Exposed, & Desperate — Memo To Media: Don’t Be Duped--CleanTechnica.com.


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2018-07-27

Twitter $TWTR Q2 2018 Earnings LIVE Webcast July 27 REPLAY

Twitter, Inc.
NYSE: TWTR  Update Jul 27: shares are trading DOWN:

Principal domain: twitter.com
Investor Relations: investor.twitterinc.com live webcast replay at link:
UPDATES: Second quarter 2018
Original Post:

2018-07-26

Amazon $AMZN Q2 2018 Earnings LIVE Webcast July 26, 5:30pm EDT

Q2 2018 Amazon.com, Inc. Earnings Conference Call
Thursday, July 26, 2018, 5:30 p.m. EDT
Webcast Presentation: Click here for webcast
NASDAQ: AMZN
$AMZN
Q2 2018 earnings release excerpts: "Second Quarter Sales up 39% to $52.9 Billion--Operating cash flow increased 22% to $21.8 billion for the trailing twelve months, compared with $17.8 billion for the trailing twelve months ended June 30, 2017. Free cash flow increased to $10.4 billion for the trailing twelve months, compared with $9.6 billion for the trailing twelve months ended June 30, 2017. Free cash flow less lease principal repayments decreased to $4.1 billion for the trailing twelve months, compared with $5.4 billion for the trailing twelve months ended June 30, 2017. Free cash flow less finance lease principal repayments and assets acquired under capital leases decreased to $546 million for the trailing twelve months, compared with $1.4 billion for the trailing twelve months ended June 30, 2017. Common shares outstanding plus shares underlying stock-based awards totaled 506 million on June 30, 2018, compared with 502 million one year ago. Net sales increased 39% to $52.9 billion in the second quarter, compared with $38.0 billion in second quarter 2017. Excluding the $760 million favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 37% compared with second quarter 2017.Operating income increased to $3.0 billion in the second quarter, compared with operating income of $628 million in second quarter 2017. Net income increased to $2.5 billion in the second quarter, or $5.07 per diluted share, compared with net income of $197 million, or $0.40 per diluted share, in second quarter 2017. “We want customers to be able to use Alexa wherever they are,” said Jeff Bezos, Amazon founder and CEO. “There are now tens of thousands of developers across more than 150 countries building new devices using the Alexa Voice Service, and the number of Alexa-enabled devices has more than tripled in the past year. Our partners are creating a wide variety of new Alexa-enabled devices and experiences, including soundbars from Polk and Sonos; headphones from Jabra; smart home devices from ecobee and First Alert; Windows 10 PCs from Acer, HP, and Lenovo; and cars from automakers including BMW, Ford, and Toyota.”

See also: Amazon Earnings Just Proved It's the Most Prolific FANG Stock--thestreet.com: "The e-commerce retailer and cloud services provider smashed Wall Street profit forecasts for the second quarter, posting $5.02 a share vs. estimates for $2.49 a share. Amazon hit all the key notes for the bulls who have sent shares up 50% year to date."
source: Statista.com
source: Statista.com


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Verisign $VRSN Q2 2018 Earnings LIVE Webcast July 26, 4:30pm EDT

Verisign, Inc.
NASDAQ: VRSN
$VRSN
Principal domain: verisign.com
Investor Relations: investor.verisign.com

Listen to Webcast  /  Earnings Results (pdf)  /  Earnings Presentation (pdf)

VeriSign (VRSN) Q2 2018 Earnings Call Transcript | SeekingAlpha.com: Executive Chairman Jim Bidzos:  "Our financial position remains strong with $1.2 billion in cash, cash equivalents and marketable securities at the end of the quarter ... At the end of June, the domain name base in [top-level domains] .COM and .NET totaled 149.7 million, consisting of 135.6 million names for .COM and 14.1 million names for .NET. During the second quarter we processed 9.6 million new registrations and the domain name base increased by 1.4 million names. Although renewal rates are not fully measurable until 45 days after the end of the quarter, we believe that the renewal rate for the second quarter of 2018 will be 74.9%. This preliminary rate compares to 74.0% achieved in the second quarter of 2017. We now expect full year 2018 domain name base growth [.COM + .NET] of between 3.5% and 4.25% with an increase to the domain name base for the third quarter of 2018 of between 1.3 million and 1.8 million net registrations. To update you on our discussions about the Cooperative Agreement, VeriSign and NTIA are engaged in dialogue about amending the Cooperative Agreement and what that amendment would look like. But beyond that we don't have anything else to say at this time." (emphasis added)

Editor's note: Verisign's Chairman James Bidzos reported above that Verisign and NTIA (U.S. Dept of Commerce) were currently negotiating an amendment to the Cooperative Agreement which includes Amendment 32 on .COM pricing (which unless extended, expires November 30, 2018).

Q2 2018 earnings release excerpts--Second Quarter GAAP Financial Results:
"VeriSign, Inc. and subsidiaries (“Verisign”) reported revenue of $302 million for the second quarter of 2018, up 4.8% percent from the same quarter in 2017. Verisign reported net income of $128 million and diluted earnings per share (diluted “EPS”) of $1.04 for the second quarter of 2018, compared to net income of $123 million and diluted EPS of $0.99 for the same quarter in 2017. The operating margin was 63.8 percent for the second quarter of 2018 compared to 60.6 percent for the same quarter in 2017."
"Verisign ended the second quarter with 149.7 million .com and .net domain name registrations in the domain name base, a 3.7 percent increase from the end of the second quarter of 2017, and a net increase of 1.39 million during the second quarter of 2018. In the second quarter, Verisign processed 9.6 million new domain name registrations for .com and .net, compared to 9.2 million for the same quarter in 2017. The final .com and .net renewal rate for the first quarter of 2018 was 75.3 percent compared with 72.5 percent for the same quarter in 2017. Renewal rates are not fully measurable until 45 days after the end of the quarter."
"On May 1, 2018, Verisign settled the conversion/redemption of all of its outstanding subordinated convertible debentures by payment of $1.25 billion in cash and the issuance of 26.1 million shares of Verisign’s common stock. Verisign ended the second quarter with cash, cash equivalents and marketable securities of $1.17 billion, a decrease of $1.24 billion from year-end 2017. Cash flow from operating activities was $202 million for the second quarter of 2018, compared with $181 million for the same quarter in 2017. Deferred revenues on June 30, 2018, totaled $1.03 billion, an increase of $27 million from year-end 2017. During the second quarter, Verisign repurchased 1.0 million shares of its common stock for $125 million. At June 30, 2018, $813 million remained available and authorized under the current share repurchase program which has no expiration."
 Q2 2018 Verisign Earnings Conference Call LIVE Webcast Jul 26, 2018 at 4:30 PM EDT
Verisign will host a live teleconference call on July 26, 2018, at 4:30 p.m. (EDT), which will be accessible by direct dial at (888) 676-VRSN (U.S.) or (323) 701-0225 (international), conference ID: Verisign. A listen-only live webcast of the earnings conference call will also be available at https://investor.verisign.com. An audio archive of the call will be available at the same website.
See also: News Review | The State of the Domain Name Industry Q1 2018.

Twitter: @Verisign


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2018-07-25

Facebook $FB Q2 2018 Earnings LIVE Webcast July 25, 5pm EDT

UPDATE: The Great Facebook GDPR Debacle
$FB mid-day July 26, 2018
I [Mark Zuckerberg] also want to talk about privacy. GDPR was an important moment for our industry. We did see a decline in monthly actives in Europe, down by about 1 million people as a result ... MAU and DAU in Europe were both down slightly quarter-over-quarter due to the GDPR roll out ... [Analyst question] "do you have a read into whether things have based out and started to improve again post GDPR implementation?"  Answer: David M. Wehner, Facebook CFO: On Europe, yeah, we don't have any update on trends. We had indicated in the first quarter that we would expect to see a decline. We're not providing any guidance on MAU and DAU in Europe on this call ... When you look at the deceleration, the one that I called out was really Europe where you saw the currency impact as well ... GDPR causing sort of faster deceleration than in the other regions ... Facebook DAU [Daily Active Users]. U.S. and Canada, sort of consistent with past quarters, has been flat at about 185 million ... Europe, we saw the declines that we anticipated from GDPR. And I would say there, really, those impacts were purely due to the GDPR impact, not other engagement trends--Facebook (FB) Q2 2018 Results - Earnings Call Transcript | SeekingAlpha.com (emphasis and link added).
Facebook, Inc.
Principal domain: facebook.com
Investor relations: investor.fb.com
$FB Jul 25, 2017 - Jul 23, 2018
Facebook Q2 2018 Earnings July 25, 2018 5:00 PM EDT: Listen to Webcast

Update: $FB shares are DOWN in afterhours trading as Facebook's Q2 2018 revenue missed analysts consensus estimate--see also SeekingAlpha.com.
$FB July 25, 2018
Earnings Release (pdf) excerpt below, and Slides (pdf).

source: Statista.com
source: Statista.com
source: Statista.com
source: Statista.com
source: Statista.com
source: Statista.com

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2018-07-24

Texas Instruments $TXN Q2 2018 Earnings LIVE Webcast July 24

$TXN
Texas Instruments Incorporated
Stock exchange: symbol  NASDAQ: TXN
Domain: ti.com
Investor Relations ti.com/ir or investor.ti.com
Q2 2018 Earnings Release here, excerpt below:
"Texas Instruments Incorporated (TI) (NASDAQ: TXN) reported second-quarter revenue of $4.02 billion, net income of $1.41 billion and earnings per share of $1.40. Earnings per share include a 3 cent discrete tax benefit not in the company's original guidance. Regarding the company's performance and returns to shareholders, Rich Templeton, TI's chairman, president and CEO, made the following comments:

  • "Revenue increased 9 percent from the same quarter a year ago. Demand for our Analog and Embedded Processing products continued to be strong in the industrial and automotive markets.
  • "Our cash flow from operations of $6.6 billion for the trailing 12 months again underscored the strength of our business model. Free cash flow for the trailing 12 months was $5.7 billion, or 36.6 percent of revenue. This reflects the quality of our product portfolio, as well as the efficiency of our manufacturing strategy, including the benefit of 300-millimeter Analog production.
  • "We have returned $5.6 billion to owners in the past 12 months through stock repurchases and dividends, and our strategy to return to owners all of our free cash flow remains consistent. Over the last 12 months, our dividends represented 41 percent of free cash flow, emphasizing their sustainability.
  • "TI's third-quarter outlook is for revenue in the range of $4.11 billion to $4.45 billion, and earnings per share between $1.41 and $1.63, which includes an estimated $10 million discrete tax benefit. We continue to expect our ongoing annual operating tax rate to be about 20 percent in 2018 and 16 percent starting in 2019."

LIVE webcast of the second-quarter 2018 earnings conference call: Tuesday, July 24, at 4:30 p.m. EDT. Rafael Lizardi, senior vice president and chief financial officer, and Dave Pahl, vice president and head of Investor Relations, will discuss TI's financial results and answer questions from the investor audience. Access the audio webcast on the Investor Relations section of the company's website at the link above or at www.ti.com/ir. An archived copy of the webcast will be available shortly after the call concludes.

Texas Instruments Inc. is a U.S. based technology company that designs and manufactures semiconductors and various integrated circuits, which it sells to electronics designers and manufacturers globally.

See also: Texas Instruments: Reasons To Buy On The News | SeekingAlpha.com



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2018-07-23

Alphabet $GOOGL $GOOG Q2 2018 Earnings LIVE Webcast July 23

Alphabet 2018 Q2 Earnings Call

Alphabet Investor Relations LIVE video scheduled for Jul 23, 2018: Alphabet 2018 Q2 Earnings Call, transcript here.

Alphabet Inc. (NASDAQ: GOOG, GOOGL) holding company of Google, Q2 2018 quarterly conference call to discuss second quarter 2018 financial results: Monday, July 23, at 4:30 p.m. EDT.

The live webcast of the earnings conference call can be accessed here (embed above). A replay of the webcast will be available through the same link above following the conference call. The Investor Relations website has published the earnings release: earnings release prior to the conference call (embed below):

$GOOG
See also 
source: Statista.com
source: Statista.com


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2018-07-18

IBM $IBM Q2 2018 Earnings LIVE Webcast, July 18, 5pm EDT

$IBM
The International Business Machines Corporation (IBM) is an American multinational technology company, founded in 1911, headquartered in Armonk, New York (US), with operations in over 170 countries.

About IBM:
  • IBM received a record-breaking 9,043 U.S patents in 2017, including 1,400+ artificial intelligence and 1,900+ cloud technology patents.
  • 50% of the world's telecommunications IT infrastructure is managed by IBM Services.
  • 87% of all credit card transactions and almost $8 trillion in payments are supported by IBM Z systems.
  • Business focus: cloud computing, AI, software and services.
  • $6.28 annualized payout has 18 years of dividend growth and a dividend yield of 4.52%. Valuation is "dirt cheap," and the dividend yield is at a 24-year high.--SeekingAlpha.com
IBM is the preferred IT provider for:
  • 92 of the world's largest 100 banks
  • 10 out of 10 of the world's largest insurers
  • 8 out of 10 of the world's largest airlines
  • 9 of the world's largest retailers
Principal domain: IBM.com.  Stock exchange: symbol || NYSE: IBM

Q2 2018 Earnings | ibm.com/investor/  Date/time: 18 July 2018,  5pm  EDT

Q2 2018 highlights:

2Q18 press release (pdf, 88 KB) and 2Q18 charts (pdf, 263 KB) (embed below)

source: Statista.com
source: Statista.com


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2018-07-16

Netflix $NFLX Q2 2018 Earnings Interview July 16, 6pm EDT

Netflix Q2 2018 Earnings Interview

Netflix Investor Relations video published Jul 16, 2018
Netflix, Inc.
  • Netflix Second Quarter 2018 Earnings Interview above. Letter to shareholders below--shares are down in after-hours trading on the NASDAQ July 16, 2018.
  • Date and Time: Jul 16, 2018, 6:00 PM EDT
  • Principal domain: netflix.com
  • Investor Relations: netflixinvestor.com / ir.netflix.com

UPDATE Netflix Q2 2018 Letter to shareholders:

Stock Exchange: Symbol || NASDAQ: NFLX
$NFLX
Have We Reached Peak Netflix?
Can the streaming giant keep up its scintillating subscriber growth, particularly overseas, and retain the trust of investors as it continues to spend billions of dollars a year on content? TheStreet.com’s Annie Gaus and Eric Jhonsa give their perspectives (date published June 30, 2018).

source: Statista.com
source: Statista.com
source: Statista.com
source: Statista.com


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