SIEGY News and Press, Siemens AG ADR From 02/22/23

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Wagering on smart city stocks could be a fascinating long-term investing move. Over the past few years, local organizations have had to undergo rapid digital transformation following the step-changes brought about by the pand...

Summary At the most conservative valuation for Aker ASA, it trades substantially below the sum-of-parts valuation of its public and private holdings as an investment/industrial company. Every single one of its affiliated businesses are either backed by infrastructural or at least pseudo...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Contributing to an undesirable list, open core DevOps specialist Gitlab (NASDAQ: GTLB ) became the latest technology firm to announce layoffs . The news comes amid a market session turned soft on Thursday as concerns abou...

Summary More bad news from the Siemens Gamesa subsidiary of Siemens Energy AG. Siemens Energy reduced profit guidance and now expects a loss similar to last fiscal year. Siemens Energy overpaid to get full control of Gamesa. The Siemens Gamesa timeline for a turnaround stretches...

Siemens AG (SIEGY) Q1 2023 Earnings Conference Call February 09, 2023, 02:30 ET Company Participants Eva Scherer - Head, IR Roland Busch - President & CEO Ralf Thomas - CFO Conference Call Participants Benedict Uglow - Morgan Stanley Gael de-Bray - ...

Siemens press release ( OTCPK:SIEGY ): Q1 basic earnings per share were €1.87 and EPS before purchase price allocation accounting were €2.08. Revenue of €18.1B (+9.7% Y/Y). Orders came in very strong and well above revenue at €22.6B, 7% below Q1 FY...

Siemens ( OTCPK:SIEGY ) said Wednesday its FQ1 net profit fell from a year ago but it raised guidance for the current fiscal year on the back of strong revenue and orders. Siemens ( OTCPK:SIEGY ) said it now expects full-year revenue growth of 7%-10%, after previously guiding for ...

Summary Fisher’s 13F portfolio value increased from ~$133B to ~$148B in Q4 2022. They increased Advanced Micro Devices, Lam Research, and Intuit while decreasing Nvidia, Meta Platforms, PayPal Holdings, and Broadcom. The top three positions are Apple, Microsoft, and Amazon. T...

Summary PTC's fiscal first quarter results were a little light on margin, but did show slightly better ARR growth and FCF, and I'd call that an in-line quarter on balance. PTC appears to be outgrowing its core CAD and PLM markets, and I believe the ServiceMax acquisition adds a meaningf...

Summary Despite macro challenges, Siemens is seeing strong growth momentum. Record order backlog should support FY 2023 targets. Longer term, all divisions are positioned to benefit from favorable structural demand drivers including digitalization, and decarbonization. Des...