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Schwab NetworkPublished 2026-10-28
“SKHY, STX, VRT Earnings Raise Bar for MSFT & GOOGL; Fed Readies Rate Decision”
$VERXBullish
AI summary · VERX posted very strong quarterly results: sales rose 61% YoY and adjusted EPS 78%, with organic growth of 55% the main driver; Americas rose 75% and Apex about 50%, operating profit up 90%, and backlog is rising. The speaker sees VERX as a key player in a very long infrastructure buildout.

Let's move on to one of the biggest winners this morning. This is Verdev, following its quarterly results. Tell us some of what you have learned from this matter . Yes, as you know, you still see that kind of relative strength here, where the data shows that net sales have already risen by 61% year-over-year, and adjusted earnings per share have risen by about 78% year-over-year.

Their operating margin is around 25.2 %, and they continue to spend capital, but they are also experiencing organic growth of 55% year-on-year. This is actually the main driver.

The Americas sector grew by 75%. The "Apex" sector also grew by about 50%, and its operating profit increased by 90%. So , not only are they seeing revenue growth, but the backlog of orders continues to rise, and this will be a very long transition to building the infrastructure.

They are a key player in this field, and that is why they are achieving very strong results in the quarter that has just been announced.

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