Pace Plc Share Discussion Threads

[sikhthetech] 03/8/2017 15:40

I thought the results were good.. I was tempted to sell some more but will wait for now and hope to get $30-$32...

[1gw] 03/8/2017 15:22

Just for once I've decided to take advantage of a spike and have sold some.

Although the tone of the results was upbeat the message wasn't really anything more than a confirmation of full-year guidance in my opinion, with perhaps a bit of hope of beating if they get the type of end-year surge that they often do (but then that often means the guidance for the 1Q that follows is disappointing).

So I suspect first thing there was some short-closing from investors who had been expecting a read-through of the Technicolor troubles.

[alexmcdonald] 03/8/2017 14:42

My target is still $34, and then I might take another cruise next year!!

[1gw] 03/8/2017 14:36

Of course $30 at £1=$1.31 isn't quite the same as $30 at £1=$1.20 to UK investors, but nice to see the number again, however briefly it may last now I've gone and commented on it.

[1gw] 03/8/2017 14:34

Wow! Flat as a pancake after hours last night. Have the analysts been scribbling positive thoughts?

[sikhthetech] 03/8/2017 13:16

ARRIS (ARRS) Beats Q2 Earnings Estimates, Revenues Lag

[bashor] 03/8/2017 10:00

Thanks Andy, all sounding a little better than it did given the memory issues, let's see where this settles today

[andyble] 03/8/2017 08:06

Copyright of Seeking Alpha - I will be checking reproduction word count shortly so this post may be reduced or deleted later today. Refer above for full transcript.

Snippets :- (Edit - abridged version to com-ly with copyright word count)
We had a very solid second quarter in the business, as momentum increased as expected from the slow start in the first quarter. Sales were just above the midpoint of our guidance with non-GAAP revenue of $1.667 billion. And non-GAAP EPS was very strong, above the high end of our guidance at $0.63 per share ... our customers continue to add capacity to keep up with the 40% to 50% annual growth in bandwidth usage.
...
We have a great balance sheet... Our international business continued to grow in the second quarter, up 9% year-over-year and up 6% compared to the first quarter with strong sales in the Asia Pacific region, in particular in Australia and Japan, and in Europe.
…
Broadcom's acquisition of Brocade. We similarly refiled our application last week. We're now projecting both deals to close in early Q4 timeframe.
...
Looking a little further ahead, I believe demand for our products will remain solid in 2018, as investment to expand Internet capacity and deliver services ... will continue unabated. … And I'm very pleased with the growth in our international business and expect that to continue in 2018.
...
cash from operating activities was very strong in Q2 at $244 million
...
In the second quarter, we repurchased 1.7 million shares for a total of $44 million.
...
on track to our annual guidance, and of course these numbers exclude our pending Ruckus acquisition
...
Yeah, so, certainly, we continue to see memory costs considerably higher ... we think it's extending into 2018 … Of course, as we go through negotiations with customers ... So clearly, you've seen the profitability in the business lower this year than last year, and that's by far the biggest reason.
...
So indeed, we did some share repurchases and obviously we're looking at the value of stock and then what we can buy back on as well.
...
I think we're looking at a variety of options that might scale the company.
...

[freddie01] 03/8/2017 07:39

Round Island Lighthouse - Mackinaw Island, Michigan



Karlštejen, Chequia



Rays of the gods



Broken clouds





One 800 years old house in Iran ?



Desert…



Oahu Hawai..



Thousand Year Baobab.



Japan in winter.



Norway



Greenland



Monasterio de Meteora
Grecia

[terminated] 02/8/2017 23:46

So should we play a game of guess the price tomorrow? 28, 29 but surely results are not good enough to shoot to 30?

[andyble] 02/8/2017 23:25

Steady as she goes ... be good to see Ruckus on board.

[mbhesms] 02/8/2017 23:23

Headline:How Is ARRIS International plc’s (ARRS) Financial Condition?

Link:

Quote: Despite a debt-to-equity ratio of greater than 40%, ARRIS International appears to be in sound financial shape when we compare its earnings and current assets against interest payments and total debt, respectively. It can remain strong through healthy operating cash flow – I like a figure of at least 20% of the total debt.

Commentary: A lot of the links I get through Google news and Google alerts read like they are written by, or assisted by robots. Many of them look like the same website with different domain names. This one ( ) appears to be written by humans and to offer real reporting and insights. I'd be interested to hear other opinions of this resource.

[bashor] 02/8/2017 22:35

I'll catch it later

[1gw] 02/8/2017 21:56

Presentation is now available if anyone is out there...

[1gw] 02/8/2017 21:12

Looks to me like in-line on revenue vs guidance, a beat on earnings against both guidance and analyst estimates and a bit light on 3Q earnings guidance vs analyst estimates.

Edit: and if I take the 5c beat on adj earnings (vs median analyst estimate) for 2Q and take it off the median analyst estimate for 3Q then I get an (adjusted) estimate which is within the guidance Arris are giving on 3Q earnings. So overall, between 2Q actuals and 3Q guidance I'd say pretty much bang in line on earnings.

[waggle] 02/8/2017 20:47

pace disease has definitely spread....

[alexmcdonald] 02/8/2017 14:11

As well as being results day at Arris, today is also the final date for receipt of comments regarding the Brocade takeover by Broadcom, which has a knock-on effect to the acquisition of RUCKUS by ARRIS. Maybe we will receive news later today or tomorrow.

[freddie01] 02/8/2017 07:45

Chinese imperial garden ??? (Summer Palace) by Wang Bofang.



Grand Prismatic Spring, Yellowstone National Park, US |?? Stevin Tuchiwsky Photography



Fiordo di Furore, Italy | ?? Danny Sivak



Jacobs Well, Texas, US | ?? Sasha Juliard



Lavertezzo, Switzerland



Sand Harbor Beach, Lake Tahoe, Nevada, US | ?? Lakeshore Paddleboard Company



Maldives

[alexmcdonald] 01/8/2017 18:22

Just a reminder (in case you need one!!!

SUWANEE, Ga., July 13, 2017 /PRNewswire/

-- ARRIS International plc (NASDAQ: ARRS), a global leader in entertainment and communications solutions, today announced that they will release second quarter 2017 financial results after the market close on Wednesday, August 2, 2017.

ARRIS management will also conduct a conference call at 5:00 p.m. EDT on the same day to discuss these results.

You may participate in the ARRIS conference call on Wednesday, August 2, 2017 by dialing [phone] or [phone], pass code 51622616 prior to 5:00 p.m. EDT.

Live internet access to the call will be available through the following link at

ARRIS will not accept any calls after earnings are released on August 2 until after the completion of the scheduled conference call.

There will be a replay available beginning Wednesday, August 2, 2017 at 8:00pm/ET through August 9, 2017 8:00pm/ET.

You can access the replay by dialing [phone] or [phone], pass code 51622616.

A replay will also be made available for a period of 12 months following the conference call on the ARRIS website at

[freddie01] 01/8/2017 07:29

Photography of ???(the Summer Palace) enveloped in spring snow. In addition to hanfu, ancient Chinese architecture especially landscape architecture is also an important historical and cultural legacy of China.












Oasis





Cappadocia, Turkey

[freddie01] 31/7/2017 07:37

gullfoss - golden falls (by Dennis_F)

[andyble] 30/7/2017 09:37

Mari Silbey is always a good read and this is a good upsum re Comcast :-