Dafinchi AI

MTCH

Technology

Adjusted operating income (AOI) was $290 million, down 5% year-over-year, with an AOI margin of 34%.
E&E direct revenue declined 8% year-over-year; payers declined 15%, RPP rose 8%.
Excluding live streaming business exits, total revenue was up 1% year-over-year and flat FX-neutral.
Excluding restructuring and legal settlement charges, OI increased 10% and AOI increased 5% year-over-year.
Gross leverage was 2.8x and net leverage was 2.5x at quarter-end.
Hinge direct revenue grew 25% year-over-year to $168 million; payers grew 18%, RPP grew 6%.
Match Group Asia direct revenue was $69 million, down 6% year-over-year; payers increased 6%, RPP declined 12%.
Match Group reported Q2 2025 total revenue of $864 million, flat year-over-year and down 1% on an FX-neutral basis.
Operating income (OI) was $194 million, down 5% year-over-year, with an OI margin of 22%.
Payers declined 5% year-over-year to 14.1 million, while revenue per payer (RPP) grew 5% to $20.
Share repurchases totaled $7.6 million shares for $225 million; dividends paid were $47 million.
Tinder direct revenue was $461 million, down 4% year-over-year; payers declined 7%, RPP grew 3%.
Total expenses increased 2% year-over-year; selling and marketing costs decreased 4%.

CDW

Technology

Adjusted free cash flow was $210 million for the quarter, with a year-to-date total of approximately $460 million.
CDW reported consolidated net sales of $6 billion in Q2 2025, up 10% year-over-year.
Gross profit increased 5% to $1.2 billion, exceeding expectations.
Net debt remained stable at roughly $5.2 billion, with strong liquidity of about $1.7 billion in cash and revolver availability.
Non-GAAP net income per diluted share rose 3.9% to $2.60.
Non-GAAP operating income was $520 million, up 2%, with a margin of 8.7%, down 70 basis points year-over-year.
Non-GAAP SG&A expenses increased 7.2% to $722 million, driven by commissions and performance-based expenses.

VSAT

Technology

Adjusted EBITDA increased by 1% year-over-year to $408 million, with a 35% margin, supported by growth in infosec, cyber defense, and aviation.
Free cash flow was positive $60 million for the quarter, with a trailing 12-month positive free cash flow of $88 million.
Net leverage remained flat year-over-year at approximately 3.6x trailing 12 months adjusted EBITDA.
Net loss widened to $56 million from $33 million in Q1 fiscal 2025, mainly due to higher depreciation, amortization, and income tax provision.
Q1 fiscal 2026 revenue grew 4% year-over-year to $1.17 billion, driven by double-digit growth in Defense and Advanced Technologies segment.

LILAK

Technology

Adjusted OIBDA for the first half was $822 million, reflecting an 8% rebased year-over-year growth, including double-digit growth in Liberty Caribbean, Panama, and Puerto Rico.
Adjusted OIBDA in Q2 increased 7% to $415 million, with a 340 basis points margin expansion year-over-year.
Adjusted OIBDA less P&E additions expanded by 23% year-over-year, reaching a margin of 25% of revenue for the group and 29% excluding Puerto Rico.
Adjusted OIBDA less P&E additions in Q2 increased 26% to $265 million, representing 24% of revenue compared to 19% last year.
Liberty Latin America reported $2.2 billion in revenue for the first half of 2025, with residential revenue growth of 2% in Liberty Caribbean and Costa Rica and 8% in C&W Panama on a rebased basis year-over-year.
Q2 2025 revenue was $1.1 billion, down 3% on a rebased basis due to phasing of project-related B2B revenues, but residential revenue grew 1% year-over-year on a rebased basis.
Reported adjusted free cash flow before partner distributions was negative $41 million in Q2, impacted by working capital swings, with expectations of strong cash flow in the second half.
Segment highlights: Liberty Caribbean revenue flat rebased with 11% adjusted OIBDA growth; C&W Panama revenue down 10% rebased but adjusted OIBDA up 6%; Liberty Networks revenue and adjusted OIBDA down 3% rebased; Liberty Puerto Rico revenue down 5% rebased but adjusted OIBDA up 21%; Costa Rica revenue up 1% rebased with flat adjusted OIBDA.

INFY

Technology

Attrition increased marginally to 14.4%.
EPS grew 8.6% in rupee terms and 5.8% in dollar terms year-on-year.
Free cash flow was $884 million, representing 109% of net profit, marking the fifth consecutive quarter with free cash flow over 100% of net profit.
Infosys reported a 2.6% sequential revenue growth and 3.8% year-on-year growth in constant currency terms for Q1 FY '26.
Large deal wins totaled $3.8 billion with 55% net new deals, including multiple vendor consolidation deals.
Operating margin was 20.8%, down 20 basis points sequentially and 30 basis points year-on-year.
Third-party costs reduced by 60 basis points to 7.3% of revenue sequentially.
Utilization including trainees increased to 85.2% and 82.7% respectively.

Earnings Feed