Highlights of the day: 26 October

April 16, 2024

FinMeUp highlights of the day


South Africa

Famous Brands Limited- Interim financial results for the six months ended 31 August 2022

  • Revenue grew 19% to R3.6 billion.
  • EBITDA grew 60% to R515 million.
  • Basic EPS grew 170% to 259 cents per share.

Bytes Technology Group plc- Results for the six months ended 31 August 2022

  • Revenue increased 27.9% to GBP93.5 million.
  • Gross profit grew 23.8% to GBP65.5 million.
  • Operating profit grew 17.7% to GBP27.3 million.
  • EPS grew 17.4% to 9.06 pence per share.

Renergen Limited- Plant update

  • The LNG system is complete, and the LNG exceeds design specifications.
  • The onsite storage tanks and virtual pipeline tankers are full.
  • All components of the helium train are working as designed and have been corrected after the plant was turned off.
  • Renergen connected additional recently drilled wells, which will increase the plants output.
  • The next step is to pressurise the pipeline, prime the utilities and turn on the plant for steady-state production.


The U.S.


  • EPS of $1.06 missing expectations of $1.25.
  • Revenue of $69.09B missing expectations of $70.76B.
  • Cloud Revenue of $6.87B beating expectations of $6.61B.
  • Services Rev of $61.38B missing expectations of $64B.
  • Google ended last quarter with 186,779 employees up 24% YoY.
  • Google spent a total of $15.39 Billion last quarter buying back its own stock.
  • Google still has around $43.48B left on its current share repurchase program.

Microsoft earnings

  • EPS of $2.35 beating expectations of $2.31.
  • Revenue of $50.1B beating expectations of $49.56B.

Visa earnings

  • EPS of $1.93 beating expectations of $1.87.
  • Revenue of $7.80B beating expectations of $7.57B.
  • Visa increased its quarterly dividend to $0.45 per share up from $0.375.
  • Visa also announced a new $12 Billion share buyback program.


  • Elon Musk has notified co-investors to prepare to fund his $44 billion purchase of Twitter by as early as Friday.

Exxon Mobil

  • Exxon Mobil has made two new oil discoveries offshore in Guyana.


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