Super Micro Computer lowers revenue forecast for 2025 + Teamviewer aims for double-digit growth again + Siemens Energy confirms forecast + Weak device business weighs on Carl Zeiss Meditec
Super Micro Computer $SMCI (+1,11%)sees higher Q2 results
- Super Micro Computer (SMCI) late Tuesday reported preliminary Q2 non-GAAP earnings of $0.58 to $0.60 per diluted share, up 5% from a year ago.
- Analysts polled by FactSet had expected $0.61.
- Preliminary net revenue for the quarter ended Dec. 31 was $5.6 billion to $5.7 billion, up 54% from the year-ago period.
- Analysts polled by FactSet had expected $5.77 billion.
- For Q3, the company expects non-GAAP earnings per share of $0.46 to $0.62 on revenue of $5 billion to $6 billion.
- Analysts surveyed by FactSet expect $0.65 billion and $5.92 billion, respectively.
- For fiscal 2025, the company now expects revenue of $23.5 billion to $25 billion compared to its previous guidance of $26 billion to $30 billion.
- Analysts surveyed by FactSet expect $24.11 billion.
- The company's shares rose 3.6% in after-hours trading.
Teamviewer $TMV (-1,93%)wants to return to double-digit growth in the medium term
- The software provider Teamviewer intends to accelerate its growth again in the coming years by expanding IT automation and digitally transforming the industry.
- From 2027, the MDAX-listed company aims to return to double-digit percentage annual revenue growth, as the Göppingen-based company announced on Wednesday. By 2028, turnover is expected to climb above one billion euros.
- According to the plans of CEO Oliver Steil, the revenue share of large corporate customers in the so-called enterprise business should then grow to over 40 percent of total revenue, compared to less than a quarter in 2024.
- The higher profitability of the business is expected to increase the Group's adjusted operating margin (adjusted EBITDA) to between 44% and 45%.
- For the current year, the specialist for remote maintenance software has set itself the target of currency-adjusted revenue growth of 5.1% to 7.7%.
- This would correspond to pro forma sales of 778 to 797 million euros, compared to 740 million in the previous year.
- The pro forma figures are based on the assumption that the acquisition of 1E, which was completed at the end of January 2025, would have taken place at the beginning of 2024.
- Teamviewer in its current form is expected to generate revenue of EUR 697 million to EUR 712 million - analysts had previously assumed a figure at the lower end of the range on average.
- The pro-forma adjusted operating margin should be around 43% in 2025.
- Teamviewer had already presented key figures for 2024.
- Revenue increased by 7 percent to 671.4 million euros.
- The adjusted operating margin was 44 percent.
- Below the line, Teamviewer achieved a profit of 123.1 million euros after 114 million euros a year earlier.
Siemens Energy $ENR (-2,8%)confirms forecast
- Following a robust first quarter, the energy technology group Siemens Energy has confirmed its forecast for the current fiscal year 2024/25.
- Comparable revenue is expected to increase by eight to ten percent in the fiscal year ending September 2025, the company announced on Wednesday when presenting detailed figures.
- The management expects the adjusted operating margin to be between three and five percent.
- The grid and gas technology businesses in particular are expected to contribute to this.
- The Munich-based company is still aiming for an after-tax profit of around the break-even point.
- In the first quarter (as of the end of December), Siemens Energy benefited from continued good business and increased sales year-on-year from 7.65 billion to 8.9 billion euros.
- The operating result adjusted for special effects increased from 208 to 481 million euros.
- The gas business made the largest contribution to earnings, followed by grid technology.
- The Group thus confirmed preliminary figures from the end of January.
- Although earnings after tax fell from 1.6 billion to 252 million euros, Siemens Energy had benefited in the same quarter of the previous year from the sale of shares in its Indian energy business to the former parent company Siemens.
Weak equipment business weighs on Carl Zeiss Meditec $AFX (-3,01%)
- Continued weak demand, particularly in the equipment business, has overshadowed the start to the new fiscal year for medical technology provider Carl Zeiss Meditec.
- Thanks to the recent acquisition of Dutch Ophthalmic Research Center (D.O.R.C.), the company's revenue increased by a good 3 percent to around 491 million euros in the first three months of the financial year to the end of December.
- Adjusted for the acquisition and currency effects, however, there was a decline of 7 percent, the company announced in Jena on Wednesday.
- However, incoming orders and orders on hand increased significantly, according to the information provided, which has led to cautious optimism among management.
- The recovery in orders, coupled with a good response to the company's new products, "gives us confidence that we will return to solid organic growth in the coming months," said Group CEO Markus Weber.
- The management confirmed the targets for the year.
- These envisage moderate sales growth and a stable to slightly higher operating result (Ebita).
- However, this key figure fell significantly in the first quarter to 35.2 million euros, compared to 46 million euros in the previous year.
Wednesday: Stock market dates, economic data, quarterly figures
- ex-dividend of individual stocks
- Exxon Mobil USD 0.99
- Target 1.12 USD
- Paccar USD 0.33
- Quarterly figures / company dates USA / Asia
- 08:30 Softbank Group quarterly figures
- 13:00 Kraft Heinz quarterly figures
- 22:00 Cisco Systems quarterly figures
- Quarterly figures / Company dates Europe
- 07:00 Carl Zeiss Meditec | Siemens Energy | Teamviewer | Essilor-Luxottica | Heidelberger Druckmaschinen | ABN Amro | Heineken quarterly figures
- 07:25 Telecom Italia preliminary annual results and strategy 2025-2027
- 07:30 Voestalpine 9 months results | Jenoptik preliminary annual results
- 07:45 Ahold Delhaize annual results
- 08:00 Verbio half-year figures
- 10:00 Deutsche Börse BI-PK | Voestalpine PK
- 10:30 Siemens Energy analyst and press conference
- 14:00 Verbio Analyst Conference
- 17:40 Michelin annual results
- Economic data
14:30 US: Consumer prices January PROGNOSE: +0.3% yoy/+2.9% yoy previous: +0.4% yoy/+2.9% yoy Core Consumer Prices PROGNOSE: +0.3% yoy/+3.1% yoy previous: +0.2% yoy/+3.2% yoy
14:30 US: Real income January
16:00 US: Fed Chairman Powell, hearing in the Financial Services Committee of the US House of Representatives
16:30 US: Crude oil inventory data (week) from the government Energy Information Administration (EIA) previous week
18:00 US: Fed Atlanta President Bostic, speech at National Association ofCorporate Directors (NACD)
18:30 UK: Governing Council member Nagel, speech on "r* in the monetary policy universe: navigational star or dark matter?"
