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Lufax Holding Ltd  (LU)
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Price: $2.9100 $0.08 2.827%
Day's High: $2.92 Week Perf: 8.18 %
Day's Low: $ 2.83 30 Day Perf: 20.25 %
Volume (M): 3,534 52 Wk High: $ 8.72
Volume (M$): $ 10,284 52 Wk Avg: $4.81
Open: $2.86 52 Wk Low: $0.84



 Market Capitalization (Millions $) 835
 Shares Outstanding (Millions) 287
 Employees -
 Revenues (TTM) (Millions $) 4,339
 Net Income (TTM) (Millions $) 1,303
 Cash Flow (TTM) (Millions $) 3,935
 Capital Exp. (TTM) (Millions $) 0

Lufax Holding Ltd
Lucent Technologies Inc.'designs and delivers the systems, services and software that drive next-generation communications networks. Backed by Bell Labs research and development, we rely on our strengths in mobility, optical, software, data and voice networking technologies, as well as services, to create new revenue-generating opportunities for our customers, while enabling them to quickly deploy and better manage their networks. Our customer base includes communications service providers, governments and enterprises worldwide.

We were incorporated in Delaware in November 1995. We were formed from the systems and technology units that were formerly a part of AT&T Corp. ('AT&T'), including the research and development capabilities of Bell Laboratories ('Bell Labs'), and were spun off by AT&T on September 30, 1996. Our principal executive offices are located at 600 Mountain Avenue, Murray Hill, New Jersey 07974 (telephone number 908-582-8500).

We remain primarily focused on addressing the needs of the leading service providers throughout the world. Telecommunications spending remains highly concentrated with the 50 largest service providers responsible for approximately 75% of spending on equipment and services. In addition, the top 20 countries still account for more than 90% of all capital spending by service providers. We are organized to address service providers' needs globally through two distinct operations: Integrated Network Solutions ('INS'), which is focused on wireline service providers and Mobility Solutions ('Mobility'), which is focused on wireless service providers.

In INS, we are focused on the most immediate and most profitable opportunities in our key areas of strength, which include voice networking, data and network management and optical networking. We work closely with our customers to ensure that our research and development resources are focused in the areas that are important to them. We continue to enhance existing platforms by adding key feature functionality. For example, our 5E-XCTM high-capacity switch improved our embedded base of class 5 switches not only by increasing capacity, but also by adding capabilities that allow a cost-effective migration from circuit to packet. Additionally, in emerging product areas such as metro optical, we introduced new hardware and software products that add functionality to the embedded base.

In Mobility, we plan to lead the migration to next- or third- generation wireless networks, often referred to as 3G, across both CDMA2000 and Universal Mobile Telecommunication System ('UMTS')' industry standards. Both of these 3G standards leverage Code Division Multiple Access ('CDMA') technology, which is also known as spread spectrum because it spreads digital calls efficiently and securely across the available frequency spectrum. We believe that we are the leader in spread spectrum technology, and we continue to believe that the key to widespread deployment of 3G networks centers on meeting the enterprise and mass-market consumer demand for high-speed mobile data services and low-cost voice services. These services offer the promise of profitable new revenue streams for service providers and provide financial justification for the significant investments in network upgrades to 3G systems.

Lucent Worldwide Services ('LWS') is leading our strategic effort to become the network integrator of choice for service providers. LWS is positioned to take advantage of the large and burgeoning market for telecommunications support services, which includes professional services, deployment services, maintenance services and managed services. We intend to increase our international presence and capabilities and have plans to penetrate new markets adjacent to the core service provider market, such as government, enterprise and cable.

As part of our growth strategy, we have established our Global Business Partner program to complement our direct sales force. Our Global Business Partner program focuses on using indirect-channel partners, who are third parties that resell our products and services to customers who are not served by our direct sales force. By using indirect-channel partners, we can reduce costs and reach new markets by increasing our market coverage beyond the traditional service provider market and extending our sales reach in selected geographical areas. We have maximized our sales efforts by aligning our indirect-channel partner sales efforts with our direct sales efforts, thus ensuring that customers' experiences are consistent and achieving cost savings by consolidating marketing and operational support. This program provides us with the opportunity to enter into markets beyond the traditional service provider market, such as the government, enterprise and cable markets.

We are also focused on becoming the leading 'network integrator' partner for service providers. We will continue to integrate our own products and those of other vendors into end-to-end network solutions for customers. We have been and will continue seeking out and developing partnerships, such as our established relationships with Juniper and Cisco, in line with our strategy of providing integrated end-to-end carrier grade solutions for our customers. And, we will continue to establish strategic alliances with select industry leaders, such as our established alliances with EMC, Sun Microsystems and others, to extend our reach and creatively approach new markets. Through such partnerships and alliances, we are continually expanding our opportunities, not only in the service provider market, but also in new markets such as government. We plan to expand our capabilities in this area and believe that we are in a strong position to gain share in this growing market.

COMPETITION

The global telecommunications networking industry is highly competitive. Our current principal competitors include Alcatel, Ciena Corporation, Cisco Systems, Inc., LM Ericsson Telephone Company, Fujitsu Limited, Huawei Technologies, Motorola Inc., NEC Corporation, Nokia Corporation, Nortel Networks Corporation, Samsung Networks Inc. and Siemens AG. Some of our competitors, such as Alcatel and Nortel, compete across many of our product lines, while others compete in a smaller subset of our products.



   Company Address: Building No. 6Lane 2777 Pudong New District 6
   Company Phone Number: 3863-6278   Stock Exchange / Ticker: NYSE LU
   LU is expected to report next financial results on April 06, 2024.


   

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Oportun Financial Corporation

Oportun Financial Corporation Faces Deficit Despite Revenue Boost in Q4 2023



Oportun Financial Corporation recently released its financial results for the fourth quarter of 2023, showcasing a combination of positive and negative outcomes. While the company experienced a significant increase in its net shortfall per share and a decline in revenue compared to the previous quarter, operating earnings rose substantially. This article aims to interpret the key financial results, shedding light on both the challenges and successes faced by Oportun Financial Corporation during this period.
Financial Highlights:
1. Widening Shortfall per Share:
In the fourth quarter of 2023, Oportun Financial Corporation saw a significant increase in its net shortfall per share, amounting to $-0.95, compared to $-0.24 in the same quarter a year earlier. This represents a four-fold increase in losses per share over the given period. Sequentially, the company's net shortfall per share increased from $-0.55. As a result, investors may be concerned about the declining profitability of the corporation.

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LAS VEGAS, NV, March 15, 2024 - Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (CPS or the Company) recently announced its financial results for the fourth quarter of the 2023 earnings season. While the company witnessed a significant increase in revenue, it also faced a decline in earnings per share (EPS).
During the fourth quarter of 2023, EPS plummeted by -46.95% to $0.31 per share, contrasting the previous reporting season where EPS stood at $0.41 per share. Conversely, revenue experienced noteworthy growth of 10.789%, amounting to $91.98 million compared to $92.08 million in the corresponding reporting season a year earlier.

Loandepot Inc

Serious headline: Loandepot Inc. Beats Industry Standards with Extraordinary Results in October to December 31, 2023 Time Frame

Investors in the financial services industry have been closely monitoring the recent performance of Loandepot Inc, a leading provider of home lending solutions. In the October to December 31 2023 financial span, the company reported a significant surge in revenue by 29.653% to $264.09 million compared to the same period last year. This achievement has surpassed industry contemporaries, as the Miscellaneous Financial Services sector reported a 14.67% revenue rise in the same period.
Despite the impressive revenue growth, Loandepot Inc has reported a net deficit of $-59.770 million for this quarter and a per share loss of $-0.14. However, the company has managed to reduce its shortfall per share from the prior fiscal year to $-0.63.

Sphere 3d Corp

Sphere 3D Corp Surges to New Heights with Strong Revenue Growth in Year-End Report

Sphere 3D Corp Reports Surge in Revenue, but Continues to Struggle with Deficit
In the recent year-end report released on December 31, 2023, Sphere 3D Corp, a leading Miscellaneous Financial Services company, announced a significant increase in revenue. The company reported a surge of 26.543% to $7.69 million compared to the same reporting season a year ago. However, despite the growth in revenue, Sphere 3D Corp also revealed an increased deficit per share at $-0.72 per share.
This sequential increase in deficit from $-0.50 per share and the substantial revenue surge of 34.347% from $5.72 million have raised concerns among investors. Sphere 3D Corp reported a net deficit of $-8.771 million for the financial time-frame ending December 31, 2023. This is a significant improvement from the deficit of $-192.912 million in the corresponding reporting season a year ago. Moreover, the company indicated a shortfall of $-23.33 million and a revenue projection of $21.91 million for the financial period of 2023.

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Core Scientific Inc Shows Remarkable Improvement in Fourth Quarter Financial Results

Core Scientific Inc, a leading player in the miscellaneous financial services industry, recently released its financial results for the October to December 31, 2023 period. The company showed significant improvement as it reached break-even of $0.00 per share, compared to a loss of $0.63 per share during the same period last year and a loss of $0.11 per share in the preceding reporting season.
Furthermore, Core Scientific Inc reported a net deficit of $0.000 million during this period, a substantial improvement from a deficit of $434.847 million in the comparable reporting season a year ago. This shows that the company has been able to control its expenses and reduce its losses significantly.






 

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