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Topgolf Callaway Brands (MODG) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Topgolf Callaway Brands (NYSE: MODG)Q4 2024 Earnings CallFeb 24, 2025, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, and welcome to the Topgolf Callaway Brands fourth quarter 2024 conference call. A...The Motley Fool
Tue, Feb 25
Huitongda Network (9878.HK) Proposed Change in the Use of Proceeds from H Shares IPO, Focus on Pursuing Strategic Alliances, Investments, or Acquisitions
Huitongda Network (9878.HK) Proposed Change in the Use of Proceeds from H Shares IPO, Focus on Pursuing Strategic Alliances, Investments, or AcquisitionsHuitongda Network Co., Ltd (9878.HK) announced a change in the use of proceeds from its initial public offering of H shares, to further improve the efficiency of the use of raised funds and accelerate the integration of various business resources. The current adjustment is mainly to increase the available amount for “selectively pursuing strategic alliances, investments, or acquisitions” by an additional RMB506.1 million to RMB534.6 million. With supply chain consolidation, house brand development, and network expansion being its key focus in 2025, the increase in relevant funding is expected to improve flexibility and fast-track the progress of any potential joint ventures, investments, and mergers and acquisitions. That should also in turn, strengthen Huitongda’s core competitiveness and bring new growth impetus to its business. In particular, the change in the use of proceeds would allow Huitongda to explore opportunities among product manufacturers, which would be the building blocks of its house brand development that would give the Company more pricing power and better margins. The proceeds change would also dedicate more resources towards third-party operators within the value chain, allowing Huitongda to generate higher efficiency and better margins through consolidation. The proposed change in the use of proceeds shall be subject to the consideration and approval by the Shareholders at the general meeting by way of an ordinary resolution. File: 9878_Change of UOP_EQS Note_ENG_2025022425/02/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Tue, Feb 25
Huitongda Network (9878.HK) Proposed Change in the Use of Proceeds from H Shares IPO, Focus on Pursuing Strategic Alliances, Investments, or Acquisitions
Huitongda Network (9878.HK) Proposed Change in the Use of Proceeds from H Shares IPO, Focus on Pursuing Strategic Alliances, Investments, or AcquisitionsHuitongda Network Co., Ltd (9878.HK) announced a change in the use of proceeds from its initial public offering of H shares, to further improve the efficiency of the use of raised funds and accelerate the integration of various business resources. The current adjustment is mainly to increase the available amount for “selectively pursuing strategic alliances, investments, or acquisitions” by an additional RMB506.1 million to RMB534.6 million. With supply chain consolidation, house brand development, and network expansion being its key focus in 2025, the increase in relevant funding is expected to improve flexibility and fast-track the progress of any potential joint ventures, investments, and mergers and acquisitions. That should also in turn, strengthen Huitongda’s core competitiveness and bring new growth impetus to its business. In particular, the change in the use of proceeds would allow Huitongda to explore opportunities among product manufacturers, which would be the building blocks of its house brand development that would give the Company more pricing power and better margins. The proceeds change would also dedicate more resources towards third-party operators within the value chain, allowing Huitongda to generate higher efficiency and better margins through consolidation. The proposed change in the use of proceeds shall be subject to the consideration and approval by the Shareholders at the general meeting by way of an ordinary resolution. File: 9878_Change of UOP_EQS Note_ENG_2025022425/02/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Tue, Feb 25
EXCLUSIVE -Nvidia's H20 chip orders jump as Chinese firms adopt DeepSeek's AI models, sources say
SINGAPORE/BEIJING, Feb 25 (Reuters) - Chinese companies are ramping up orders for Nvidia's NVDA.O H20 artificial intelligence chip due to booming demand for DeepSeek's low-cost AI models, six people familiar with the matter said.Reuters
Tue, Feb 25
Domino's Pizza Enterprises falls on slowing sales momentum, first-half profit miss
Feb 25 (Reuters) - Shares of Australia's Domino's Pizza Enterprises DMP.AX dropped more than 11% on Tuesday, after the pizza chain operator posted lower first-half profit and a slowdown in same-store sales momentum in the first seven weeks of the second half.The stock fel...Reuters
Tue, Feb 25
Topgolf Callaway Brands Corp reports results for the quarter ended December 31 - Earnings Summary
Topgolf Callaway Brands Corp MODG.N reported a quarterly adjusted loss of 33 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -30 cents. The mean expectation of twelve analysts for the quarter was for a loss of 42 cents per...Reuters
Tue, Feb 25
Japanese trading companies' shares jump on Buffett comments
TOKYO, Feb 25 (Reuters) - Shares in Japan's five major trading houses rose more than 5% in early trade on Tuesday after billionaire investor Warren Buffett said his conglomerate Berkshire Hathaway BRKa.N would likely increase its ownership in them.Mitsubishi Corp 8058.T was the top performer, up...Reuters
Tue, Feb 25
Japan's Nikkei drops as strong yen and Wall Street losses hit sentiment
TOKYO, Feb 25 (Reuters) - Japan's Nikkei share average fell more than 1% in early trade on Tuesday to its lowest level in just over a month, as a stronger yen and Wall Street losses overnight weighed on sentiment. The Nikkei .N225 was down 1.6% at 38,157.15 as of 0022 GMT, while the broader...Reuters
Tue, Feb 25
Why Altcoins Were Having a Serious Case of the Mondays Today
The cryptocurrency market, rocked by a high-profile hack Friday morning, continued to be in hangover mode as the work week started. On Monday, a vast number of digital coins and tokens continued to lose value, some even at double-digit percentage rates.Leading altcoin Ethereum (CRYPTO: ETH) -- the t...The Motley Fool
Tue, Feb 25
Spin Master Corp reports results for the quarter ended December 31 - Earnings Summary
Spin Master Corp TOY.TO reported quarterly adjusted earnings of 55 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 19 cents. The mean expectation of five analysts for the quarter was for earnings of 68 cents per share. Wa...Reuters
Tue, Feb 25
DMC Global Inc reports results for the quarter ended December 31 - Earnings Summary
DMC Global Inc BOOM.OQ reported quarterly adjusted earnings of 9 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of three analysts for the quarter was for a loss of 29 cents per share. Wall S...Reuters
Tue, Feb 25
What's Cooking at Toast?
In this podcast, Motley Fool analyst Tim Beyers and host Mary Long break down the latest earnings report from restaurant tech company Toast and discuss Microsoft's latest development in quantum computing.Then, Motley Fool analyst Kirsten Guerra joins Mary to check in on Roblox, how it stacks up agai...The Motley Fool
Tue, Feb 25
Goosehead Insurance's EPS Surges in Q4
Goosehead Insurance (NASDAQ:GSHD) announced its results for the fourth quarter after the close of trading on Feb. 24. The personal lines insurance agency reported adjusted earnings per share (EPS) of $0.79, well in excess of the estimated $0.40. Revenue growth for the quarter was likewise strong, re...The Motley Fool
Tue, Feb 25
Google's AI previews erode the internet, US edtech company says in lawsuit
Chegg says AI overviews have taken its web trafficPublishers will lose incentive to keep internet aliveLawsuit first standalone antitrust action over Google AIAdds Chegg exploring sale in paragraph 4, comment from Google in paragraphs 5-6, Chegg closing price in paragraph 7, bulletsBy Jody Godoy ...Reuters
Tue, Feb 25
Chegg: Revenue Beat, Subscriber Loss
Chegg (NYSE:CHGG), a provider of educational technology and services, released its Q4 2024 earnings on Feb. 24, 2025. The report highlights a period of transition, with revenue slightly beating analyst expectations but falling short of last year's results. Diluted Non-GAAP Earnings Per Share (EPS) s...The Motley Fool
Tue, Feb 25
Ziff Davis Inc reports results for the quarter ended December 31 - Earnings Summary
Ziff Davis Inc ZD.OQ reported quarterly adjusted earnings of $2.58 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $2.33. The mean expectation of six analysts for the quarter was for earnings of $2.63 per share. Wall Street exp...Reuters
Tue, Feb 25
Prediction: Chewy Will Beat the Market. Here's Why
In this episode of Motley Fool Scoreboard, Toby Bordelon, and Rick Munarriz evaluate Chewy's (NYSE: CHWY) stock performance. With a rating of 6.9 out of 10, they discuss the company's strengths, challenges, and future growth potential in the competitive pet supply market.*Stock prices used were the ...The Motley Fool
Tue, Feb 25
Helix Energy Solutions Group Inc reports results for the quarter ended December 31 - Earnings Summary
Helix Energy Solutions Group Inc HLX.N reported quarterly adjusted earnings of 13 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of five analysts for the quarter was for earnings of 9 cents ...Reuters
Mon, Feb 24
SoundHound AI Plummeted Today -- Is Now the Time to Buy the Stock?
SoundHound AI (NASDAQ: SOUN) stock saw a big valuation retreat Monday. The company's share price sank 8.5% in a daily trading session that saw the S&P 500 (SNPINDEX: ^GSPC) fall 0.5% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) decline 1.2%. The conversational artificial intelligence (AI) specialis...The Motley Fool
Mon, Feb 24
Beyond Inc reports results for the quarter ended December 31 - Earnings Summary
Beyond Inc BYON.N reported a quarterly adjusted loss of $1.61 per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $-1.22. The mean expectation of eight analysts for the quarter was for a loss of 74 cents per share. Wall Street expec...Reuters
Mon, Feb 24
