Accel Is A Hard Act To Sell For New AGL
This story features AGL ENERGY LIMITED. For more info SHARE ANALYSIS: AGL
While AGL Energy’s split is supposed to set up both demerged entities for success, the jury’s out on whether funding provisions are adequate for both companies to pursue its growth ambitions.
-Greater clarity needed on dividend policies
-Brokers’ worry funding won’t support future growth
-Further earnings downgrades likely
By Mark Story
As far as embattled energy giant AGL Energy ((AGL)) is concerned the tilt towards renewable energy is very much a two-edged sword. Falling wholesale electricity prices, courtesy of renewable energy, are directly responsible for the company’s long awaited split
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by KAST on Monday May 24 2021
This report provides vital information on the economic impact analysis and outlook, which will help guide future economic and community development strategies that strengthen and expand the regional tech sector.
The Kootenay Association for Science and Technology (KAST) and Selkirk College’s Applied Research and Innovation Centre (ARIC) have been working together to measure the tech sector’s impact and its economic health within the region. KAST is thrilled to present the Kootenay Technology Sector Assessment 2020, the first of its kind in the region.
This report assesses the tech sector’s business climate in the region and gives an overview of the local workforce. It paints a picture of the state of the tech sector, exploring business structure, financial health, the impact of COVID-19 and highlighting benefits and challenges unique to the location.
OpenText Reports Third Quarter Fiscal Year 2021 Financial Results
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WATERLOO, ON, May 6, 2021 /PRNewswire/
Third Quarter Highlights
83% of Total Revenues
Operating cash flows were $63.6 million and free cash flows were $50.3 million, which include an IRS settlement payment of $290.0 million
GAAP-based net income of $91.5 million, up 252.4% Y/Y, margin of 11.0%, up 780 basis points Y/Y
Adjusted EBITDA of $297.1 million, up 14.5%, margin of 35.7%, up 390 basis points Y/Y
GAAP-based diluted EPS of $0.33, up 230.0% Y/Y
Non-GAAP diluted EPS of $0.75, up 23.0%, and $0.71 in constant currency, up 16.4% Y/Y
Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), The Information Company, today announced its financial results for the third quarter ended March 31, 2021.
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