#revenue

As per WSJ, revenue is down and profit falls

Positive that we added new subscribers. I think they are not very profitable subscribers.

https://www.wsj.com/business/earnings/verizon-revenue-ticks-down-profit-falls-on-joint-venture-costs-01726dbf

The timing on this is very interesting. . .
Plenty of money for more M&A. Buying their way to revenue growth continues. . .

https://www.techtimes.com/articles/321374/20260723/ibm-acquires-hrl-bring-silicon-spin-qubits-its-anderon-quantum-foundry.htm

All is right with the world again. Always knew AK would come through! Will be watching for the stock to hit $332 again very soon, if not higher.

https://www.investing.com/news/stock-market-news/ibm-shares-rise-3-postq2-earnings-miss-as-investors-eye-prior-profit-warning-4806913

Author: Louis Juricic | Published 07/22/2026, 04:17 PM

Investing.com -- International Business Machines Corporation (NYSE:IBM) reported second-quarter results that fell short of analyst expectations, though shares rose 3% as the company had issued a profit warning last week.

The technology company posted adjusted earnings per share of $2.93 for the quarter, missing the analyst consensus of $3.01 by $0.08. Revenue came in at $17.2 billion, below the $17.9 billion estimate and up 1% YoY. IBM now expects full-year constant currency revenue growth of 4% to 5%, down from its prior guidance of more than 5%. The midpoint of 4.5% falls below the previous expectation. The company maintained its forecast for free cash flow to increase by approximately $1 billion YoY.

"Although we faced revenue headwinds late in the second quarter, we continued to focus on the fundamentals of our business, including driving productivity, strengthening our portfolio, and generating free cash flow," said James Kavanaugh, IBM senior vice president and chief financial officer.

Software revenue increased 5% to $7.8 billion, with Hybrid Cloud (Red Hat) up 11% and Data up 19%. Consulting revenue remained flat at $5.3 billion, while Infrastructure revenue declined 7% to $3.8 billion, primarily due to a 42% drop in IBM Z, partially offset by a 37% increase in Distributed Infrastructure.

The company generated $2.5 billion in free cash flow during the quarter, down $0.3 billion YoY. For the first six months, free cash flow was $4.8 billion, flat compared to the prior year period.

"We are confident in IBM’s strategy and portfolio, and in our ability to capture growth opportunities ahead," said Arvind Krishna, IBM chairman, president and chief executive officer.

IBM continues to expect improved pre-tax income margin expansion for the full year.

https://www.wsj.com/business/earnings/ibm-q2-earnings-report-2026-stock-ded1f568

GoPro appears to be in serious financial trouble, with founder Nicholas Woodman lending the company $20 million while it searches for a buyer or new funding. Revenue fell 26% in the first quarter of 2026, camera sales dropped 29%, and the company plans to cut 23% of its workforce by the end of the year. Although GoPro is launching new professional cameras and exploring opportunities in aerospace and defense, it is facing heavy competition from Insta360, rising debt, and doubts about whether it can remain in business without a takeover or major cash injection.

https://amateurphotographer.com/latest/photo-news/going-going-gone-is-this-the-end-of-the-once-mighty-gopro/

Wells Fargo eyes more layoffs amid Q2 2026 revenue jump | Rock Hill Herald https://share.google/856lLQlG90rKwxLNX

Drain the swamp and focus on revenue. Hans had no plan!

Warnings of Earnings miss.

IBM shares slipped double digits in premarket trading after the firm released preliminary second-quarter results that fell short of expectations.

CEO Arvind Krishna blamed the shortfall on weakness in the software and infrastructure business because clients shifted money toward hardware purchases like memory chips.

"The joint venture will serve more than 3,000 customers across more than 180 countries, representing approx. $4 billion in combined annual revenue."

3,000 customers across 180 countries is a rough average of about 17 customers per country. That may not sound like much, but $4 billion revenue on those 3,000 customers averages out to about $1.3 million per customer.

So whatever it is we are doing in those 180 countries that is generating $1.3M per customer, we just need to do the same thing here in the USA for our 146 million customers, and that will generate $190 trillion dollars per year.

This will transform our company and delight our customers. Problem solved. You're welcome.

I know this has been discussed on this board already, but I find it shocking that Verizon is stopping so low as too getting excited about scrapping metal. The plan is that Verizon will sell some of the Central Offices and then "scrap" metal harvested from the CO's. My SD is gloating that this will be a good revenue source for Verizon. Are we really getting that desperate?

Even after working on solutions that these mega logos depend on we are no where close in reaching ¼ of their revenue.

I even feel that the ip business will die a slow painful death

Sorry for being pessimistic, this whole AI BS is taking a toll on me

Like wtf are we even doing wrong, are we doomed ?

Are we on the right track even ?

What if, and hear me out, leadership focused on growing revenue instead of shrinking headcount? Wouldn't that be something? Too bad nobody here would ever try that.

Takis is probably one of the best known fintech talent. Grew JPM from 7 people to 15K people & 20 billion revenue run-rate. Probably the best we could hope for. Not sure why Mike Lyons got the CEO role in the first place — he clearly has no clue about the payment industry. He’s a banker…

Verizon is burning through CASH faster than the revenue we are bringing in and after expenses,its public information… if Dan doesnt change this ship around fast this company is going under faster than we all think.thats why everyone panicking at the top, why do you think everyone is leaving its not because Dan fired everyone BTW.

One of the most surprising things that when Opentext acquired MF it included Novell groupwise. It’s been a secret winner ! It sells more than enterprise cyber

The cure is not in cutting costs. The cure is to innovate its way out of the current
predicament. Fiserv seems to be missing that point. Sure you can increase EPS by buying back stock and laying off employees, but thats not going to grow top line revenue. No one is impressed with management’s plans, and the stock price is reflecting that.

Once a wise man said

FROM SYSTEMS TO SOLUTIONS
TO SYSTEMS TO REVOLUTION TO SYSTEMS TO EVOLUTION TO SYSTEMS TO RESOLUTION TO SYSTEM TO EXECUTION TO SYSTEMS TO INSTITUTIONS TO SYSTEMS TO CONTRIBUTION TO SYSTEMS TO SUBSTITUTION

I agree but where's the revenue then ?

$6.25B “for the kids” well spent

Snowflakes delivers a strong Q1.

Product revenue reached $1.33B, up 34% year-over-year, accelerating from 30% last quarter and 26% a year ago. Their strongest sequential dollar growth in company history.

They added 616 net new customers in the quarter (+38% YoY), and operating margin expanded over 300 basis points to 12%

Social casino game-maker SciPlay recently cut a limited number of roles. This decision followed a 7% year-on-year revenue drop for the company. SciPlay's parent company cited a tough social casino market. The layoffs appear related to the game Bingo Showdown. SciPlay did not confirm the exact number of staff affected.

https://mobilegamer.biz/layoffs-at-sciplay-as-parent-company-cites-tough-social-casino-market/

Heard from area VP that Q2 sales is looking bad and people are starting to pull in Q3 sales numbers. Looks like this is going to spiral down to year end with no actual growth. Second half of year will suffer due to pull in price increases.

Anything good coming from VBG products that will generate good sales? (Or any current products showing potential?)

Seems like AT&T and T-Mo are putting out products - what do we have that's got potential?

Hard to tell if the AI Connect stuff is real.

I’m hearing that Bill is super angry that some wall st analysts caught him over dinner and informed him that our advisory fees in Wealth are way lower than the industry. Word is the old Scott & Stringfellow advisors gave giant discounts and they complain anytime they are minority inconvenienced so Wealth leadership ignored it for years. Turns out we were leaving hundreds of millions of lost revenue on the table. Guessing some leaders in Wealth that have presided over things since merger might be feeling their seat get warm finally.

Offering renewals discounts on an early PO from customers that gets booked in the current FY but not invoiced till it’s actually due next FY is wiping revenue out for the sake of a couple of months.

It’s done so renewals managers get their bonuses whilst flushing money out of the wider company.

Raised it got told to crack on and follow the management line.

No wonder OT is sinking, nothing is joined up, the rats steal the cheese whilst it’s there.

The smiling man is going to hold town halls in his vest and act like it's a great thing we're going bankrupt and then repeat the mantra "Focus on executing the WIN strategy." The same mantra he has used for every quarter of negative results. The same mantra used when we were told there would be no bonuses.

The fact of the matter is, revenue has declined for 4+ years and the executives have shown they are without any ideas to stop it. Project ATHENS was supposed to "stabilize" revenue whatever the he-l that means - but I can't imagine it meant it would just consistently go down.

The "Age of Possibility" was supposed to bring in new customers. Revenue dropped double digits.

The WIN strategy that has brought us millions of new customers? Revenue has declined EVEN MORE.

New people are being given keys to the shop after the bankruptcy. Don't expect the executives at Silver Point Capital to walk around and shake everyone's hand and talk about how excited they are to work with us. They will be about slashing every single line-item that doesn't make sense. Expect fulfillment to materially change - at least one ware house will close. Bookmark this.

The hedge funds aren't here to run a shopping channel indefinitely - they are here to make back their money by any means necessary. They aren't thinking long term. They are thinking 3 to 5 years.

Don't expect bonuses next year. You were kind of silly for expecting them this year. In addition, expect higher benefit costs at open enrollment

Rawlinson and company will stay as figure heads. They will give an air of stability that is needed - but they aren't in charge once the Summer is over.
You can start being real or you can continue to believe the nonsense spewed in the town halls that are as cheesy as the TV we produce.

QVC will be around indefinitely - but expect another big layoff. This time it won't just be office jobs. Customer service will be replaced by AI (As much as possible) and fulfillment will be modernized, "right sized" (you know what that means) and replaced by robots (as much as possible).

Stank isn’t a leader, name one thing he did that generated new net revenue after subtracting his disastrous loses? Better yet, tell me what any leader has done besides cut heads? I hear “up and coming” names like McElf, Greene, etc and I still can’t think of anything material they did besides cut heads. Be honest, couldn’t anyone cut headcount, a child could do that. I’m hopeful better days are ahead but it’ll require major changes.

It's great news for all of us who work here to see the recovery.

Werent that bad making $650 free cash after everything is paid, even reduced the debt by $300 million, and a massive $250 million buyback thats 30% of the company. Its a really cash generative business on the back of under paying employees.

What Wall Street doesnt like is the constant revenue decline and more forecast, and Rwul keeps on promising AI solutions in place but its not showing in revenue. Wall Street doesn't do contraction even though DXC is making a ton of money.

Amazing the negativity seen in this Heartbeat article. Employees not happy with 100B in revenue and not cost of living increase.

"Teradata struggled to consistently generate demand over the last five years as its sales dropped at a 2.3% annual rate. This was below our standards and is a sign of poor business quality."

https://www.financialcontent.com/article/stockstory-2026-5-5-teradata-nysetdc-posts-better-than-expected-sales-in-q1-cy2026

Given the current situation of our declining revenue and IP being less than attractive for an outside buyer, how much longer do we have until this ship sinks?

"The company faces challenges with limited IT resources and staffing shortages in its vertical markets."
Uhhhhh, well maybe quit laying off the IT staff and hiring incompetent Offshore folks.

"The company is still in the early stages of broader commercialization of its AI offerings, which may delay potential revenue growth."
Translation. I know we SAID we an AI company, but we've never really sold AI before. (Forget about the fact that we still havent created anything AI, unless you count ChatGPT making up our press releases)

This business of calling prior year LEX results growth is massive BS.

Q1 2026

Revenue of $1.85 billion, up 26.7 percent, or 23.6 percent in constant currency1. On a pro forma2 basis, revenue is down 3.7 percent.
GAAP net (loss) of $(105) million, or $(0.84) per share, down $15 million or $0.09 per share, year-over-year, respectively.
Normalized Adjusted3 net (loss) of $(10) million, or $(0.11) per share, down $3 million or $0.02 per share, year-over-year, respectively.
Adjusted1 net (loss) of $(51) million, or $(0.43) per share, down $47 million or $0.37 per share, year-over-year, respectively.
Adjusted1 operating income of $72 million, up $50 million year-over-year.
Adjusted1 operating margin of 3.9 percent, up 240 basis points year-over-year.
Operating cash flow of $(144) million, down $55 million year-over year, reflecting expected Q1 seasonality.
Free cash flow1 of $(165) million, down $56 million year-over-year. Full-year free cash flow guidance of approximately $250 million is unchanged, implying greater than $400 million of cash generation over the remaining three quarters.

A major theme for this fiscal year will be to get technical quick or get left behind. In the era of AI there will no longer be an excuse to not create revenue regardless of your organization.

Cape Breton University announced job cuts and tuition increases. This comes amid significant enrollment pressures and revenue loss. The university expects a $77 million revenue loss over three years. This decline is largely due to fewer international students. Seventeen employees are being laid off, and tuition will rise for most programs.

https://www.cbc.ca/news/canada/nova-scotia/layoffs-tuition-hikes-planned-cape-breton-university-9.7178460

• 6.38% Last Month. Wall Street Not Impressed. Debt and revenue are bad.

Rogers Communications Inc. RCI-B-T +1.10%increase
is offering voluntary departure packages to 50 per cent of its employees, excluding Maple Leaf Sports & Entertainment, as telecom industry revenue growth has slowed across the industry and as companies look to shed costs.

For too long useless management employees have been su-kling the te-t of AT&T, fattening themselves off of the milk of other’s labor. Let the layoffs begin so we can maximize revenue per employee and become a market based culture where you have to compete for your position and earnings in the company.