Okta beat Wall Street’s fiscal first-quarter estimates after the bell on Thursday as demand for identity security tools spikes with the onslaught of agentic artificial intelligence. Shares gained 8%. Here’s how the company did versus LSEG estimates: Earnings per share: 91 cents adjusted vs. 85 cents expected Revenue: $765 million vs. $752 million expected The…
Tertius Zitzke 4Sight Holdings has reported a sharp lift in earnings for the year to 28 February 2026 – but the JSE-listed group’s segmental data complicates the AI-led growth story it is pushing. Revenue rose 16.3% to R1.16-billion, operating profit climbed 45.8% to R71.7-million and headline earnings per share grew 46.1% to 10.732c. Basic EPS…
A Telkom communications tower in Pretoria Telkom expects its headline earnings per share (Heps) from continuing operations to climb 45-55% for the year to end-March, the JSE-listed telecoms group said in a trading statement on Wednesday – a performance it has attributed to cost discipline, lower debt servicing costs and the continued payoff from its…
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….
