Versant Media Group on Thursday unveiled results for its most recent quarter — its first as a stand-alone company after separating from Comcast’s NBCUniversal and beginning to trade on the Nasdaq earlier this year. The report revealed continued pressure in the traditional pay TV bundle but highlighted growth in digital platform and licensing businesses. Versant…
Lesaka Technologies chairman Ali Mazanderani Dual-listed fintech Lesaka Technologies has swung to a net profit in its third quarter and raised its full-year adjusted earnings per share guidance, as growth in its consumer and enterprise segments offset a softer top line in its core merchant business. The group, which holds a primary listing on Nasdaq…
JSE-listed Altron has firmed up its earnings guidance for the year ended 28 February 2026, with headline earnings per share (Heps) from continuing operations now expected to rise by 31-37% — broadly in line with the more than 30% growth flagged in the group’s 12 February trading statement. In an updated trading statement issued on…
Advanced Micro Devices CEO Lisa Su told CNBC on Wednesday that her massive forecast revision was due to the demand surge for central processing units led by the growth of agentic artificial intelligence. “Agents are really driving tremendous demand in the overall AI adoption cycle, and we’re very excited to be in the middle of…
People walk past a sign for Novo Nordisk’s annual general meeting at the entrance to the venue in Copenhagen, Denmark, March 26, 2026. Tom Little | Reuters Novo Nordisk hiked its annual profit guidance on Wednesday, as the drugmaker said its Wegovy weight-loss pill performed better than expected in the first three months of the…
Vodacom CEO Shameel Joosub. (Graphic: Nicola Mawson with official images) Vodacom, SA’s largest mobile network provider, predicts that earnings and headline earnings per share will increase by between 20% and 25% for the year to March, in line with its Vision 2030 ambitions. As of mid-morning, its share price was up 3.15%. Over five years,…
Ferrari technicians inspect supercars on the production line inside the company’s factory in Maranello, Italy, October 2, 2025. REUTERS/Remo Casilli/File Photo Remo Casilli | Reuters DETROIT — Ferrari on Tuesday beat Wall Street’s first-quarter earnings expectations and reconfirmed its guidance for the year, weeks ahead of the sports car maker revealing its first all-electric vehicle….
Apple CEO Tim Cook holds up a new iPhone 17 Pro during an Apple special event at Apple headquarters in Cupertino, California, Sept. 9, 2025. Justin Sullivan | Getty Images Apple reported earnings and revenue for its fiscal second quarter that topped analysts’ estimates, driven by growth in the company’s services business. The stock was…
Nairobi — The United Nations Children’s Fund (UNICEF) has warned that climate-related disasters are increasingly disrupting education across Eastern and Southern Africa, potentially leading to as much as $380 billion in lost future earnings by 2050 if urgent action is not taken. A new report by UNICEF and consulting firm Dalberg, titled Protecting Children’s Learning…
Reed Hastings, Netflix’s co-founder and then-CEO, in Sydney to meet with executives of other subscription streaming services on Feb. 25, 2022. Wolter Peeters | Fairfax Media | Getty Images Netflix shares fell 9% in extended trading on Thursday after the streaming giant released its first-quarter earnings report and announced a key governance change. The company…
