#financialresults

I'm prepared for lots of bad news, but we'll see.

It's down to $25 usd. That's a 28.8% 6 month low.

Someone in ELT is going to push the layoff button because they don't have any other buttons.

AT&T Debt 2013:
Long-Term Debt (End of 2013): Approximately $69.29 billion.
Total Liabilities (2013): The company had a substantially lower debt burden compared to the post-acquisition peaks

AT&T Debt 2026 (Projected/Early 2026 Data):
Total Debt (End of 2025/Early 2026): $136.1 billion.
Net Debt (End of 2025): $117.4 billion.

So the brain trust didn't hand in their homework and asked for an extension to file their year end numbers. I'm sure the numbers are great, and they didn;t lie through their teeth on the earnings call.

Any predictions before they report tomorrow?

ATLANTA, February 09, 2026--(BUSINESS WIRE)--NCR Voyix Corporation (NYSE: VYX), a platform-powered leader in unified commerce for shopping and dining, will report financial results for the fourth quarter and full year 2025 before the market opens on Thursday, Feb. 26, 2026. The NCR Voyix management team will also be hosting a conference call at 8 a.m. ET the same day to discuss the financial results.

Year Net Income* ROCE**
2015 $16,150 7.9
2016 $7,840 3.9
2017 $19,710 9.0
2018 $20,840 9.2
2019 $14,340 6.5
2020 ($22,440) (9.3)
2021 $23,040 10.9
2022 $55,740 24.9
2023 $36,010 15.0
2024 $33,680 12.7
2025 $28,884 9.3

• Reported As Millions Of Dollars
  ** Rate of Return on Capital Employed

If you do the math, look at the earnings of recent quarters, then you realise it really is only a matter of time……..

Strong financial results reported same day additional layoffs announced 🧐

Centene posted a $6.7 billion in losses across 2025, 1.1 billion dollan loss in Q4
for contect they made 3.3 billion profit in 2024

https://www.fiercehealthcare.com/payers/centene-reports-11b-loss-q4-elevated-medical-costs-continue-strain-finances

Hours keep getting cut at the store I work out (nothing new) but I was wondering if other stores having their hours cut too?

How do you reduce costs to raise your stock price - layoffs! Strap in.

https://www.gurufocus.com/news/8564834/ford-motor-company-f-reports-expected-remeasurement-losses-in-pension-and-opeb-plans

Thoughts?

Q4 only looks “good” if you stop at the headline: revenue jumped +26%, but that’s almost entirely because Xerox bought Lexmark.

Strip that out and the underlying business is still shrinking by 9%. Cash is the real story: free cash flow for 2025 fell to about $130M, down from roughly $470M last year, a MASSIVE drop at the exact moment debt is crushing the company.

The snapshot that truly matters: Xerox has roughly $500M in cash, $4+ billion in debt, and only about $400–450M of equity left.

Goodwill sits around $2+ billion (Goodwill Guy will check this), meaning one big write-down and equity is basically gone on paper.

Interest expense alone is running close to $250M A YEAR. This is why management rolled out the warrant scheme before earnings as an attempt to reduce debt without spending cash and without going to bankruptcy court.

Q4 proved the company is operationally alive but financially boxed in.

The warrants, the timing, the messaging... all of it points to one thing: advanced financial engineering to avoid Chapter 11, not confidence in growth.

This is what survival mode looks like when you still want to stay in control.

https://investors.xerox.com/news-releases/news-release-details/xerox-releases-fourth-quarter-and-full-year-results-2

FCF of $133 mil for FY 25, and operating margin is 3.5% down 140 BP YOY.

TL;DR: Gross sales are up, but they are running out of money.

I mean, our results figures were really not that bad. What gives?

Microsoft’s Xbox hardware revenue has declined for three financial years in a row, and it looks like those declining revenues are going to continue throughout fiscal 2026. Xbox hardware revenue was down 32 percent year-over-year during the recent holiday quarter. Overall gaming revenue was also down 9 percent.

https://www.theverge.com/news/869493/microsoft-q2-2026-earnings-revenue-profits-windows-xbox-gaming-surface

IBM isn't a healthy company

https://techrights.org/n/2026/01/29/IBM_s_Financial_Performance_in_IBM_s_Own_Words_Money_Down_Debt_.shtml

https://www.ibm.com/downloads/documents/us-en/1550f7eea8c0ded6

Paste title in your search engine for details

That is not easy to do when most Financials are hitting all time high with the S&P, Congrats FIS Sr. Executives !!!!

Expect a weak earnings print and disappointing bonuses. The setup is already clear.

Revenue growth is barely positive and EPS is expected to decline year over year. Legacy segments continue to drag results while growth areas aren’t scaling fast enough to offset it. Meanwhile, the balance sheet is still weighed down by massive debt, limiting flexibility and magnifying every misstep.

Billions have been spent on buybacks at higher prices, yet the stock continues to underperform peers and the broader market. That’s textbook value destruction, capital out the door with nothing to show for it. Analysts have responded by trimming expectations, not raising them.

On the cost side, operating expenses are creeping higher while productivity gains remain elusive. Decisions that add friction instead of efficiency show up quietly in margins and execution, even if they’re never called out directly.

Bonuses follow the numbers. Flat growth, declining EPS, weak stock performance, and constrained free cash flow don’t justify upside payouts. At best, expect tight targets. At worst, expect “discipline.”

https://www.crn.com/news/ai/2026/ibm-q4-earnings-preview-5-things-to-know

Still have faith in our leadership?

https://www.forbes.com/sites/petercohan/2026/01/26/intel-cut-chip-capacity-at-the-worst-possible-time---and-its-stock-paid-the-price/

Dan, the heat is on you!!! Our CEO to profess Verizon's earnings this Friday (1/30/2026) morning.

Wells Fargo, lowers, Adjusts PT on Verizon Communications to $41 From $43, Maintains Equal weight Rating.

CSX Q4 Profit Down on Weak Demand, Severance

CSX reported a 2% profit slip in the fourth quarter. This decline was attributed to weak demand. Severance costs from recent layoffs also impacted results. The railroad earned $720 million, or 39 cents per share. CEO Steve Angel expects only modest economic growth for the coming year.

https://www.abc4.com/news/business/ap-business/ap-csx-railroad-profit-slips-2-as-shipping-demand-remained-weak-and-severance-costs-hurt-results/amp/

Lcation: Jacksonville, Florida

My manager told us that Optum Care on the west coast lost over a billion dollars last year, and that we have until the end of this year to break even. I can’t help but think that means layoffs.

https://www.stocktitan.net/sec-filings/XRX/s-3-xerox-holdings-corp-shelf-registration-statement-257169fede10.html

So they decided to print more shares. It's down ~12% pre market as of 8:50 EST.

WOW. There is never a good time to do something this stupid, but a week before earnings. This is super desperate.

Can someone who is smarter than me help me understand how good or bad the quarterly results, and because of timing, the annual results for 2025?

It seems like we had a really good year but I can be reading this wrong. But I'm getting upset that it looks like we had a good year but I know the compensation numbers are horrible this round. And if that's the case, they do not in fact pay for performance.

Looks like getting beaten down

How much is underwriting loss last year ? Is it more than a billion dollar ?

Just looked at the earnings for Shell’s chemical business coming up and margins dropped from 160 to 140 a metric ton, obviously giving the business a significant loss on top of the business already struggling. I think this is pretty much the last straw and Shell will either be closing or fire selling all chemical assets to stop the bleeding. Any thoughts?

Company releases are showing preliminary net outflows of US$12B for the month of December and US$26B for Q4 2025. This is one of the worst quarters in a long time. The company needs more change NOW! Lazy salespeople be gone!

All tech shares saw a drop today. But SAP's is a small drop in the bucket. Wait for the 29th when the quarterly financial results are out and you'll see how much faith investors actually have at SAP.

Investors are realizing two important things: (i) that SAP is abandoning its core revenue generating businesses for stupid AI features that do not work and no one wants to pay for, and (ii) that SAP has no real strategy to grow the company revenue. They're only focused on saving some operating costs using layoffs and by cutting down on employee salary budgets and benefits. But there is no real plan to make the company more profitable. There are better companies to invest in and that's where shareholders are focusing their wealth.

Also there has been a talk between SAP executives to restart share buybacks. Maybe that's why some of the millionaire executives are dumping their shares.

An on point post from @a9+1keyr10dv.

OK, here is the money crunch. There was ~$479,000,000 in cash or equivalents on the books on 9/30/25.

Great! (not really)

There are also 27,000 people on payroll. Divide the numbers and you get $17,740 per person. Great? No, not really.

Some people make a lot, some make terrible money. If the mean salary is $50,000/year and you divide that into $17,740, you get 35.4% of a year - or about 90 days of payroll.

Money is coming in still but this, and overhead, the cost of goods, and most importantly, the debt load, is too much to survive. The only way they can survive is to borrow money and they can't. It's too late to fire their way out of this, hence the lack of trying.

There are two smaller debt payments (both around $100 mil) due this year. Either one could end the ballgame.

Surprised nobody is talking about that here.

For the right price I think we should do exactly that. We need to focus efforts on turning around our core brands: Nike and Jordan. Converse is generating strategic as well as financial drag.

In another distant time it must have been quite a triumph to buy them but that era is long gone. Let’s attach our mask first.

From StockStory

3 Reasons to Sell TDC

Why Do We Think Teradata Will Underperform?
Despite the momentum, we don't have much confidence in Teradata. Here are three reasons there are better opportunities than TDC and a stock we'd rather own.

1. Declining Billings Reflect Product and Sales Weakness

Billings is a non-GAAP metric that is often called “cash revenue” because it shows how much money the company has collected from customers in a certain period. This is different from revenue, which must be recognized in pieces over the length of a contract.
Teradata’s billings came in at $422 million in Q3, and it averaged 4.4% year-on-year declines over the last four quarters. This performance was underwhelming and shows the company faced challenges in acquiring and retaining customers. It also suggests there may be increasing competition or market saturation.

1. Low Gross Margin Reveals Weak Structural Profitability

For software companies like Teradata, gross profit tells us how much money remains after paying for the base cost of products and services (typically servers, licenses, and certain personnel). These costs are usually low as a percentage of revenue, explaining why software is more lucrative than other sectors.

Teradata’s gross margin is substantially worse than most software businesses, signaling it has relatively high infrastructure costs compared to asset-lite businesses like ServiceNow. As you can see below, it averaged a 59.4% gross margin over the last year. That means Teradata paid its providers a lot of money ($40.58 for every $100 in revenue) to run its business.

The market not only cares about gross margin levels but also how they change over time because expansion creates firepower for profitability and free cash generation. Teradata has seen gross margins decline by 0.9 percentage points over the last 2 year, which is poor compared to software peers.

1. Operating Margin in Limbo

While many software businesses point investors to their adjusted profits, which exclude stock-based compensation (SBC), we prefer GAAP operating margin because SBC is a legitimate expense used to attract and retain talent. This is one of the best measures of profitability because it shows how much money a company takes home after developing, marketing, and selling its products.

Looking at the trend in its profitability, Teradata’s operating margin might fluctuated slightly but has generally stayed the same over the last two years. Shareholders will want to see Teradata grow its margin in the future. Its operating margin for the trailing 12 months was 11.5%.

Final Judgment

We cheer for all companies solving complex business issues, but in the case of Teradata, we’ll be cheering from the sidelines. Following the recent rally, the stock trades at 1.8× forward price-to-sales (or $30.54 per share). This valuation is reasonable, but the company’s shaky fundamentals present too much downside risk. There are superior stocks to buy right now.

With all the money that execs have burned on RTO, a new Global HQ, and the stock tanking because that’s all Stankey knows how to do, how are feeling about bonuses?

Are we going to be paying for RTO, new HQ, and our horrific work culture out of our bonuses?

Really debating on dumping my stocks and reinvesting elsewhere since we continue to tank and can’t seem to stabilize.

Outside of ESPP contributors, employees being rewarded with stocks, executives; do people actually buy Nike stock? Trying to figure out why anyone would considering the results of the last 4 years especially when you compare it to the broader market where everyone else is up bigly it seems.

Seems like you could have thrown money at literally anything else and made money but still lost somehow on Nike. I guess I’m asking why any large investment firm or private investor would currently invest in Nike? Like what do they see that I am missing.