#revenue

We talk to brokers every day on the phone that have been transferred over from people overseas. They are angry. Almost every day a broker tells me they are going to stop selling United healthcare because they’re so fed up with this company. The company might be saving a few dollars on labor by sending all jobs overseas, but they are going to end up losing much more money from all the people that are leaving United healthcare. Wake up Management.

Obviously still very early days but there is a part of me that is worried this guy got overvalued more because he looks the part than is

PNC REVENUE: Q1 2024 vs Q3 2026
Metric Q1 2024 Q3 2026 Change
Total revenue $5.15B $6.56B +27%
Net interest income $3.26B $4.21B +29%
Noninterest income $1.88B $2.36B +25%
Diluted EPS (GAAP) $3.10 $4.97 +60%
Adjusted EPS $3.36 $5.09 +51%
Net interest margin 2.57% 2.94% +37

STOCK PERFORMANCE vs S&P
FISV – Lyons exit (post) Jun 15 $47.91 $62.88 +31.2% -2.3% +33.6

TFC – Lyons Day 1 Aug 31 $49.58 $49.38 -0.4% -4.0% +3.6

For instance, how does that help them pay their operational costs and their RPOs when "annualized" revenue was only 50B/yr?

Remember that they owe oracle 85B in FY27 alone, not counting all their other RPOs.

And also remember that their "annualized revenue" number was based on extrapolation from revenue before they slashed token prices.

See link
https://stocks.apple.com/AmbbTo_VyRCmtZFv9iD5jJw

Of the revenue Dell did in 2026. 2027 will be brutal for Michael Dell and his employee's

Curious what the market is going to make of yet another quarter of declining revenue at OpenText. It doesn't seem like worldwide sales leadership setting strategy has been successful. TC has had several years to turn things around. Hasn't happened. Why is he still here??

Angi is implementing significant layoffs, cutting 13% of its workforce to achieve annual savings of $55 million. However, these measures are not expected to resolve the company's core issues of a shrinking marketplace and lost users. Analysts predict a revenue decrease by fiscal year 2027, with margin improvements hindered by scaling challenges. Consequently, the stock maintains a 'Sell' rating due to its current valuation not reflecting these operational difficulties. Despite these headwinds, recent trading activity shows a slight stock price increase and a majority of investors buying shares.

https://pluang.com/en/news-feed/angi-pemutusan-pegawai-tidak-cukup-selamatkan-bisnis-nasdaq-angi

New York, NY

Products were moved out of core business units and into non core units mid Q. In other words, as q1 progressed and it became clear that core business units were not going to show any growth because of poor performing products, those products were taken out of the core business and relassified as non core. So core businesses did not grow.

The honest cross check is the stuff that can't benefit from the shell game. Total revenue was down 4.0 % year over year and ARR (recurring revenue, subscription and support contracts) was down 3%. License revenue down 8% and professional services down 11%. So all three non cloud pieces fell at once. Cloud grew, but it is still less than half the total.

Bottom line is $1,237M vs $$1,288M a year ago. Open Text continues to shrink despite the multi-million dollar investment in the new GTM model.

Another trick- showing total revenue at negative - 1.7% which is constant currency ex divestiture figures not the actual reported -4.0.

Lumen Technologies, Inc. (NASDAQ:LUMN) reported third quarter 2026 results that fell short of analyst expectations, though shares rose 1.3% in after hours trading and after closing 5.89% lower in the regular session.

https://www.investing.com/news/earnings/lumen-technologies-posts-widerthanexpected-q3-loss-per-share-revenue-miss-93CH-5001244

I can't imagine another layoff before and during 2027 helping revenue growth during 2027. I feel like this is more of a failure to launch new products/being competitive in our market spaces. Over on the developer side, a lot of the mainstay FIS products are being partly sunsetted by having off shore teams just doing security patching with no new features. To me, they are probably accounting for this in their guidance and hoping for new products to pick up the head wind in 2028.

Just my 2 cents. Trying to make sense of the call as a whole.

$17.0 billion vs $15-16 billion.

GAAP revenue for the company was $5.20 billion in the third quarter of 2026, a decrease of 1% compared to the third quarter of 2025. GAAP revenue decreased 3% in the Merchant Solutions segment and was flat in the Financial Solutions segment in the third quarter of 2026 compared to the prior year period. GAAP revenue for the company was $15.52 billion in the first nine months of 2026, a decrease of 2% compared to the first nine months of 2025. GAAP revenue decreased 1% in the Merchant Solutions segment and 4% in the Financial Solutions segment in the first nine months of 2026 compared to the prior year period. GAAP loss per share was $(11.17) in the third quarter and $(8.90) in the first nine months of 2026. The company recorded a non-cash goodwill impairment charge of $6.45 billion in the third quarter of 2026.

In an updated IPO filing on Monday, Anthropic said it has entered into purchase commitments and lease agreements with an aggregate committed spend of approximately $895.4 billion. An earlier version of the filing didn’t include that figure. Anthropic also said its revenue was $17 billion in the third quarter, up from $1.4 billion a year earlier. Anthropic was founded in 2021.

Then there is Teradata…

Reports suggest Canva might be planning further layoffs or a hiring freeze soon. This follows a recent reduction of 32 employees in the technical content department. Despite strong user growth in the past year, the company has significantly lowered its revenue projections for the upcoming year. CEO Melanie Perkins acknowledged that forecasts have not met initial expectations but emphasized a commitment to an AI-driven strategy. The company has not officially confirmed these potential workforce changes.

Sydney, Australia

https://m.economictimes.com/news/international/business/canva-may-announce-another-round-of-layoffs-in-november-report-claims-hiring-freeze-also-possible/articleshow/135466815.cms

4.7% revenue reduction Y-O-Y and suspension of dividend says it all.

The E. W. Scripps Company has announced an end to its current round of layoffs, impacting over 430 roles as part of a cost-saving initiative. Despite these reductions, the company has raised its political advertising revenue forecast to nearly $275 million for the year. This revised projection represents a significant increase compared to the previous midterm election cycle. Scripps is implementing a broader transformation plan aimed at achieving substantial annualized cost savings. The company expects these changes to improve financial performance and become more evident in upcoming financial reports.

https://thedesk.net/2026/10/scripps-layoffs-done-politica-ad-forecast-higher/

Cisco’s CMO has to generate more revenue on the same budget. Here’s where she’s placing her bets

Carrie Palin is expected to generate more revenue from Cisco’s marketing organization every year. She’s also expected to do it with essentially the same budget.

https://fortune.com/article/cisco-cmo-generate-more-revenue-same-budget-placing-bets/

Don't be fooled.

https://www.wsj.com/business/earnings/ibm-reports-higher-profit-as-some-slipped-deals-come-through-c0bb0640

The company reported a third-quarter profit of $2.19 billion, up from $1.74 billion a year earlier

By: Elias Schisgall | Oct. 21, 2026 4:19 pm ET

International Business Machines reported a higher third-quarter profit and growing revenue across its software and infrastructure segments, as the company looks to prove to investors that its disappointing second-quarter showing was just a blip.

IBM’s second-quarter profit was hit by mainframe deals that fell through, weighing on the company’s software and infrastructure segments. Around two-thirds of those deals have since closed during the third quarter, and IBM is optimistic about most of the rest, Chief Financial Officer Jim Kavanaugh said.

“We feel pretty good,” he said in an interview. “With the exception of maybe one or two, they’re all still in play.”

Investors should understand the second-quarter shortfall as a story about timing rather than demand destruction, Kavanaugh said, adding that IBM hasn’t seen customers moving away from mainframes, the servers it sells to large enterprises in sectors like banking and retail.

“We do not see anyone getting off of our mainframe platform, and therefore the associated mainframe software stack on top of it,” Kavanaugh said. The current z17 mainframe cycle has added about $1 billion in incremental revenue compared to the prior cycle just six quarters in, he said.

IBM reported a third-quarter profit of $2.19 billion, or $2.30 a share, compared with a profit of $1.74 billion, or $1.84 a share, a year earlier. The earnings per share figure includes a one-cent negative impact from discontinued operations.

Stripping out certain one-time items, adjusted earnings were $2.95 a share. Analysts polled by FactSet were expecting $2.85 a share.

Revenue rose to $17.1 billion, up from $16.33 billion a year prior and beating analyst expectations of $16.82 billion.

The gains were largest in IBM’s software segment, where revenue grew 8% to $7.8 billion, ahead of analyst expectations of $7.66 billion. Revenue from infrastructure, which includes IBM’s mainframes, rose 4% to $3.71 billion, while consulting revenue was roughly flat at $5.34 billion.

The company reaffirmed its full-year guidance for 4% to 5% revenue growth.

Kavanaugh said IBM also plans to guide for full-year software growth of 7% to 8%, lifting the low end of the range from 6%. The lower bound assumes IBM closes around 10% or more of the delayed second-quarter deals, while the upper bound represents all the deals closing.

IBM also said it now expects free cash flow to increase by more than $1 billion this year, up from its previous guidance for a roughly $1 billion increase.

Scrambling to close tens of millions by March, with no one understanding how they will close those millions. What happens when they miss the mark by 10s of millions? Who will they blame this time? How was this reorg even dreamed up it truly couldn’t be worse. And the PEs don’t even have actual true numbers. Just a hope and a prayer. How has MH and NK made it this far?

Hi Gang its that time again need to talk some b4ll again, i've been busy with my sports stuff and with Holly doing the world holiday tour, i mean meeting customers. Would you believe its my 3rd year shrinking the company as GROWTH CEO, my bank balance has gone up massive, DXC is a great sideline. I have put in a couple of extra layers in Paul T and co, so dont know whats going on really. I dont do any Town Halls or anything other work. Anyhow i can use macro, project delays, middle east, oil price, uncertainty, ai, oasis and other excuses and make capital out of the insurance sale. But if you have anymore ideas let me know... year 4 and more free money upwards and onwards asta la vista babies.

Highest profits, and we still have to fear HC10 compensation and job cuts. Isn't that sad? The recent quarter saw highest revenue in years, and it means nothing for us. We have had nonstop cuts and we still have to worry about cuts on a daily basis. Whatever happens, we never come out on top as peasants. Only the executives win and they never have enough and always want more from us.

Eisman @18:53: "Wells Fargo has a history of occasionally disappointing and did so once again....Wells Fargo has not grown revenue in multiple quarters. The company seems to have trouble growing its revenue. If you are looking at investing in a large bank, this is not the one I would look at."

Gee, maybe because the c-suite is more focused on 8 hr butt-in-chair productivity metrics than growing revenue?

Why would an employee row for a company that's mostly focused on getting the oarsmen and oarswomen to walk the plank?

https://youtu.be/y45yqiCdfI4

A Pennsylvania skill games distributor will lay off 81 employees following the state's enforcement of a ban on unlicensed machines. The company also warned of potential revenue losses for businesses. This action comes as lawmakers have failed to reach an agreement on the issue. State Police have established a tip line and encouraged businesses to remove unlawful machines. Vendors have begun removing machines from establishments after a court ruling.

Pennsylvania

https://www.tristatealert.com/81-out-of-a-job-its-just-starting-the-sunday-recap

IBM has spent the past week flooding the zone with Nanostack headlines just days before its October 21 earnings report. TIME’s invention-of-the-year recognition. A Nanostack PDK announcement. A Siemens collaboration. Three headlines, one obvious question: where is the commercial traction?

Let’s be clear: announcements are not adoption. A research collaboration is not a manufacturing commitment. A PDK announcement is not proof that customers want to design with the technology. And a prestigious magazine mention is not a purchase order.

IBM is doing an excellent job of publicizing the possibility of a business. The public evidence that it has built one is considerably less impressive.

The TIME recognition deserves scrutiny, too. Did IBM pay for it? I have seen no evidence establishing that, and I’m not going to pretend otherwise. But the distinction between editorial recognition and paid promotion matters. What were the selection criteria, and how does Nanostack’s actual technical and commercial maturity compare with competing approaches from Intel, Samsung, and TSMC? I am sure those three have some thoughts on the Time’s award. A trophy is not independent validation of manufacturability, customer demand, or economic viability.

Then there’s the PDK. Who, specifically, is using it? Which external companies have committed engineering resources? Where are the disclosed design wins, production roadmaps, foundry commitments, or customers willing to put money behind the technology?

Not another collaboration announcement. Not another roadmap. Not another promise that an ecosystem is coming.

Customers. Revenue. Manufacturing commitments. Results.

That is the scoreboard.

The concern is that IBM is trying to manufacture the appearance of an ecosystem before demonstrating that a meaningful market exists. The industry does not adopt a technology simply because IBM announces a PDK and hopes everyone else will show up. Designers and manufacturers have their own roadmaps, economics, technical constraints, and competing solutions. They need compelling reasons to abandon or supplement what they are already developing.

And this is where the Albany research playbook deserves particular scrutiny. The familiar pattern is to announce collaborations, celebrate joint development activity, and present technical engagement as strategic momentum. But a JDA is not a production product, and a partner’s willingness to explore an idea is not proof that the partner intends to commercialize it. When the headline is the achievement and the commercial outcome remains perpetually somewhere over the horizon, the distinction becomes rather important.

Anderon’s quantum PDK announcement also raises the same fundamental question. A PDK can be announced, demonstrated, and discussed at conferences. The real test is whether independent customers can use it successfully, whether it meets their needs, and whether they will continue investing in it. Technical claims should survive scrutiny outside the organization promoting them.

The timing of IBM’s publicity blitz is certainly convenient with earnings approaching. I cannot establish that the announcements were scheduled to influence the earnings narrative, but investors should absolutely distinguish between a burst of favorable headlines and measurable business progress.

Arvind can point to TIME, Siemens, and a PDK. Fine. But what do these announcements actually change about IBM’s commercial position? What has been secured? What has shipped? What has generated revenue? What has moved beyond research collaboration into something customers depend on and pay for?

Until IBM answers those questions with evidence, Nanostack’s publicity campaign looks a lot more like an effort to sell future potential than proof of present success.

The semiconductor industry is full of impressive technologies that never became successful businesses. IBM knows that. Its competitors know that. Investors should know it, too.

The headlines are real. The technology may be promising. The commercial success remains to be demonstrated.

When IBM reports on October 21, watch the guidance and listen carefully for actual customer commitments and commercial results. Don’t confuse publicity with progress, partnerships with demand, or research milestones with a viable business.

If Nanostack is the next big thing, IBM should be able to demonstrate it with customers and results not just headlines.

Vote for- Under the proposed 2025-26 Halting International Relocation of Employment (HIRE) Act (S. 2976) by OH-R Senator Moreno -U.S. companies that offshore American jobs face a punitive multi-layered financial framework. The legislation uses tax elimination, a new excise tax, and aggressive, uncapped penalties to make foreign outsourcing economically unviable.
The specific taxes and penalties outlined in the bill include:

The 25% "Outsourcing" Excise Tax
• The Tax: A flat 25% federal excise tax is levied on the gross value of all "outsourcing payments".
• What Counts as a Payment: It broadly applies to any premium, fee, royalty, or service charge paid to a foreign entity or foreign worker for labor or operations that ultimately benefit U.S. consumers (such as offshore IT support, customer call centers, or back-office processing).
• No Mixed Deductions: If a service covers both U.S. and international consumers, the tax is mathematically prorated to target the U.S. portion.

Elimination of Business Tax Deductions (Double Taxation)
• The Penalty: Ordinarily, labor and vendor costs are standard, deductible business expenses. The HIRE Act completely denies federal income tax deductions for both the outsourcing payments themselves and the 25% excise tax.
• The Result: This creates a severe "triple taxation" effect. Companies are taxed on the revenue used to pay foreign workers, taxed an extra 25% on the transfer itself, and forced to pay standard corporate income tax on those non-deductible amounts. Tax experts calculate this pushes the effective tax rate on offshored services close to 46%.

Severe Noncompliance Penalties
To prevent companies from hiding foreign labor costs, the bill implements a highly aggressive penalty structure for failing to report or pay the tax:
• 50% Monthly Uncapped Penalty: Standard failure-to-pay penalties under the IRS typically max out at a cumulative 25%. The HIRE Act dramatically escalates this penalty to 50% per month, with no cap.
• Corporate Certification: Corporate officers are required to formally report "outsourced income" on their tax returns, introducing potential personal and legal liabilities for corporate fraud if hidden.

Where the Penalty Money Goes

All revenue collected from the 25% excise tax and its monthly noncompliance penalties is legally sequestered into a newly formed Domestic Workforce Fund. Administered by the Department of Labor, these funds are directly allocated toward American middle-class apprenticeship programs, worker reskilling, and direct grants to local communities hardest hit by corporate offshoring.

A proposed property tax amendment could lead to a significant revenue shortfall for Largo. Officials are now exploring difficult choices to balance the budget. Potential cuts include layoffs and the closure of public parks. The city anticipates a $15 million loss if the amendment passes. This situation highlights the financial pressures facing local governments.

Largo, Florida

https://www.bizjournals.com/tampabay/news/2026/10/14/largo-maps-drastic-cuts-layoffs-amid-amendment-3.html

The largest public companies in the Houston region are energy giants. Exxon Mobil had revenue of $324 billion in 2025, followed by Chevron, which had $185 billion, and Phillips 66, with about $132 billion.

https://www.houstonchronicle.com/projects/2026/hc-top-companies-quiz/

https://fortune.com/tag/mpw-summit/

I’m interested in someone that understands the fundamentals of our business, not Charlie su-ks.

Why does the bank keep missing targets? How does non interest income fall $1b year over year?

It seems we are incurring higher expenses for CIB but continue to fail to reap commiserate revenue and income benefits.

Isn't that sad? The second quarter saw highest revenue in four years, and it means nothing for us. We had cuts since then and we still have to worry about cuts on a daily basis. Whatever happens, we never come out on top.

Revenue is YoY down substantially, once again we have lost a substantial amount of customers. Existing account see little penetration of new offerings. The competition does not have this friction in the same or new account. Market share substantially down YoY for the last set of years. So lets not mix words,real profability is negative.
Everyone here, its time to warn others online and move on. Your financial and career is at risk. I am trying but still here. The brand is radioactive. No employer wants to touch an omnissa candidate.

Bumped from @vb+1m44dtz8y.

Matchbox movie is actually pretty good. Great family action movie that's fun to watch. Reminds me of the Jumanji movies with the Rock.

Hopefully it will help the bottom line

interesting article ... https://finance.yahoo.com/markets/stocks/articles/3-reasons-cdw-risky-1-171234832.html

With a lack of confidence in CDW, there are 3 reasons not to buy the stock:

1. Long-Term Revenue Growth Disappoints
2. Projected Revenue Growth Is Slim
3. EPS Barely Growing

CDW's business quality ultimately falls short, with its shares lagging the market. The upside isn't great compared to the potential downside.

Any speculations on how BB is going to report in upcoming call? Seems like Q3 was a bad quarter as the sales numbers are down and factory production has been lowly utilised.

https://www.executiveheadlines.com/telecom/lumen-1,200-layoffs-revenue-challenges

Meeting Summary:

The "All" "Hands" gaslighting festival in full force today.

Disregard how this company and its leadership is objectively and universally despised by its workforce, customers and students; those feelings are invalidated because Cengage has SEVEN PERCENT EBITDA.

According to MH, "REVENUE GROWTH" is the only marker of a healthy company. Not culture -- REVENUE. Just ignore the incongruency here that everyone on staff is looking for a way out and/or laid off; we are healthy because we now churn more cash to service our debt! F your feelings.

A group of complete Chuds tossing around buzzwords and saying nothing.
Max comedy.

An audience of 1: Wall Street backslash Apollo.

They have known there's been an issue with score since last. Year , they're only addressing it now because of missing orders I would bet people are missing anywhere from 5 to 10 + orders for Q2 and smart price revenue versus what score shows does not match up. Does anybody have a way to find your missing orders or the pricing issues?

https://thehackernews.com/2026/09/f5-patches-critical-big-ip-apm-zero-day.html

Revenue before quality again.

There's been a lot of anger and frustration directed at leadership lately, and given everything that's changing, that's completely understandable. But I wanted to step back from the noise for a moment and look at where we actually stand, soberly and with the numbers in front of us.

Let's start with the basics: we're a company that makes a lot of money. In 2025, we generated $124 billion in revenue, $36 billion in EBITDA, and $20 billion in net income. Our balance sheet carries about $90 billion in net debt — a large number in isolation, but very manageable set against our revenue and profitability.

So why is our stock falling, and why does it feel like every quarter brings another round of cost cuts?

The answer isn't in where we are today. It's in where the business is headed. I'll set NBCUniversal aside for this and focus on our Connectivity business, since that's the bulk of our revenue. Let's go through it line by line.

Broadband brought in $26 billion last year — 20% of our total revenue. It's declining, and faster than most of us expected. We lost 650,000 of our 29 million subscribers, and to slow that decline, we've had to lower prices across the board: average price per customer fell 3.8% last quarter alone. To put that in perspective, a 3.8% price drop on $26 billion is roughly $1 billion in lost revenue — and lost profit — from pricing alone. Add the subscriber losses, and that's another half a billion. The uncomfortable truth is that the driver here isn't primarily service quality, even though that plays a role — it's competition. We used to compete against DSL as our main rival. Today we're being overbuilt almost everywhere, by fiber, by fixed wireless, and soon by satellite too. If that trend continues, and there's every reason to think it will, we're looking at millions more subscribers lost in the years ahead.

Cable TV is still a cash cow, also generating around $26 billion in revenue in 2025. But our subscriber base has fallen from 25 million to 10 million over the past decade-plus. This is structural, not cyclical, decline. The only reason revenue has held up this well is a combination of steady price increases and our success at retaining higher-value customers. But make no mistake: the decline here is terminal. This business will eventually disappear — what we're managing is the pace of that decline, not whether it happens. Our advertising revenue, another $4 billion, moves down right alongside it.

Landline voice is something many of us already think of as "dead," but it's still about $3 billion in revenue, and it's shrinking roughly 20% a year.

Comcast Business brings in $10 billion. The problem here is that our SMB segment faces the exact same competitive pressure as residential, and we're losing customers at an accelerating pace as fiber and fixed wireless take share. Enterprise can still grow, but at meaningfully lower margins — it's a far more labor-intensive business, and enterprise customers expect deeper discounts.

Wireless brings in about $5 billion — $1.3 billion in equipment, $3.6 billion in service. Once you account for phone subsidies to win new customers, churn, operating costs, and the fees we pay our MVNO partner, this is a thin-margin business. It can absolutely keep growing, but how much profit it can actually generate is a real question — and the growth ceiling is capped by our broadband base. As broadband shrinks, so does the ceiling for wireless.

Putting it all together, here's how I'd forecast each piece going forward:

Broadband: $26B, declining ~5% a year
TV: $26B, declining ~10% a year
Advertising: $4B, declining ~10% a year
Landline Voice: $3B, declining ~20% a year
Comcast Business: $10B, flat at best
Wireless: $5B, growing ~15% a year

(There's also roughly $5 billion in international connectivity — that's Sky, and it moves over to NBCUniversal as part of the separation.)

Here's the part that makes this especially painful: our margin structure. When we lose a broadband subscriber, our costs barely move — nearly all of our cost base is fixed. The contribution margin on the last customer we add, or lose, is over 90%. That means when a customer leaves, profit falls almost as much as revenue does.

So here's where that leaves us: a business that's declining quickly, with margins shrinking just as fast. Cutting overhead and discretionary spend is the lever we have in the near term to protect the business — but let's be clear-eyed about it: that lever doesn't fix the underlying problem. It just buys us time.

This is what happened to SciPlay revenue after LnW bought back 100% of SciPlay

Q1 2024: $206 Million (Peak post-acquisition performance)
Q2 2024: $205 Million
Q3 2024: $206 Million
Q4 2024: $204 Million
Q1 2025: $202 Million
Q2 2025: $200 Million
Q3 2025: $197 Million
Q4 2025: $195 Million
Q1 2026: $187 Million
Q2 2026: $182 Million

Corporate Optimization at its Finest