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Nagarro expects revenues of between €1,020 and €1,080 million for 2025

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Gross Margin expected to be in the region of 30%Adjusted EBITDA margin expected between 14.5% and 15.5%Focus on shareholder value by share buy-back, dividend and growthFinancial targets for 2024 will at least be reached

MUNICH, Jan. 23, 2025 /CNW/ — Nagarro, a global digital engineering leader, issued its guidance for the current fiscal year. The company expects revenues, calculated at today’s currency exchange rates and not including future acquisitions, to be between €1,020 and €1,080 million. The gross margin is likely to continue in the region of 30%, and the adjusted EBITDA margin is likely to be between 14.5% and 15.5%.

Co-Founder and CEO, Manas Human comments, “2025 will be a good year for us as the long-term market drivers remain intact and in the last couple of years, we have set up the company to take full advantage of them. That’s why we are in a very solid position to focus on shareholder value by executing our independent growth strategy instead of following the take-private route.”

With a view on shareholder value, both Boards of Nagarro have opted for an improved investors’ participation in the company’s operational successes via an intended share buy-back in a value of up to €400 million over the next three years and a sustainable dividend policy of distributing between 10% and 20% of EBIT every year.

These initiatives come along with a more energetic approach to efficiency and a gradually ramped-up growth strategy with organic and inorganic aspects. Nagarro will therefore use more of its existing loan facilities and look for non-linear growth options via strategic partnerships.

The Management Board still expects to at least meet the financial targets for 2024 set out in October.

About Nagarro

Nagarro, a global digital engineering leader, helps clients become fluidic, innovative, digital-first companies and thus win in their markets. The company is distinguished by its entrepreneurial, agile, and global character, its CARING mindset, and its Fluidic Enterprise vision. Nagarro employs nearly 18,000 people in 38 countries. For more information, visit www.nagarro.com.

(FRA: NA9) (SDAX/TecDAX: DE000A3H2200), (ISIN: DE000A3H2200), (WKN: A3H220)

For inquiries, please contact press@nagarro.com.

Logo – https://mma.prnewswire.com/media/844192/3850575/Nagarro_Logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/nagarro-expects-revenues-of-between-1-020-and-1-080-million-for-2025–302358418.html

SOURCE Nagarro

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The OpenSSL Corporation and The OpenSSL Foundation Announce the Formation of Technical Advisory Committees (TACs)

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NEWARK, Del., March 14, 2025 /PRNewswire/ — The OpenSSL Corporation and the OpenSSL Foundation are establishing the Technical Advisory Committees (TACs) to provide expert guidance and strategic direction for our technical initiatives. These advisory bodies are critical in enhancing our governance structure, ensuring that the decisions reflect the diverse stakeholders involved and that our Mission and Values stay aligned with the community’s needs.

Purpose of the TACs

The TACs will serve as key advisory bodies, ensuring that the voices of the OpenSSL Communities—Academics, Committers, Distributions, Individuals, Large Businesses, and Small Businesses—are heard and considered in the OpenSSL Project’s technical decision-making.

TACs Objectives:

Guide the OpenSSL Library’s development roadmap and security best practices.Advise on cryptographic technologies and governance policies.Align technical direction with industry needs in coordination with Business Advisory Committees (BACs).

Election Process and Timeline

March 17April 13: Registration, Nominations & Candidate VettingApril 14 – 27: Voting (Open Ballot on the Community Page)April 28: Results Announcement

TAC Q&A Sessions

To help community members understand the role of the TACs and the election process, the OpenSSL Corporation and the OpenSSL Foundation will host two Q&A sessions:

Session 1

Date: Monday, March 24, 2025Time: 2:00 PM Pacific Time (US and Canada)Duration: 30 minutesSpeakers: Tim Hudson, President (OpenSSL Corporation); Matt Caswell, President (OpenSSL Foundation)Register

Session 2

Date: Tuesday, March 25, 2025Time: 9:00 AM Pacific Time (US and Canada)Duration: 30 minutesSpeakers: Anton Arapov, Operations Director (OpenSSL Corporation); Matt Caswell, President (OpenSSL Foundation)Register

Get Involved

Join us in shaping the OpenSSL Library’s future. For more details on the nomination process, election procedures, and how to participate in the Q&A sessions, visit our communities page or follow our Blog.

Contact:
OpenSSL Corporation
***@openssl.org

Photo(s):
https://www.prlog.org/13066596

Press release distributed by PRLog

View original content:https://www.prnewswire.com/news-releases/the-openssl-corporation-and-the-openssl-foundation-announce-the-formation-of-technical-advisory-committees-tacs-302402229.html

SOURCE OpenSSL Corporation

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RaaWee K12 Solutions Unveils RaaWee K12 Attendance+ NEXT: A Game-Changer in Combatting Chronic Absenteeism and Truancy

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PLANO, Texas, March 14, 2025 /PRNewswire/ — RaaWee K12 Solutions , the premier company dedicated to addressing the challenges of chronic absenteeism and truancy for over a decade, proudly announces the launch of its newest version, RaaWee K12 Attendance+ NEXT. This innovative solution is designed for school districts across the United States, offering enhanced tools to improve student attendance and foster educational success.

RaaWee K12 Attendance+ NEXT features a suite of powerful capabilities, including foolproof tracking, simplified outreach, timely two-way communication, barrier-solving collaboration, streamlined document preparation, robust data analysis, and centralized storage tools. These advancements empower education leaders to implement effective strategies that result in significant improvements in student attendance.

The latest version offers a cleaner, more user-friendly interface, faster processing speeds, and enhanced intervention and reporting tools, surpassing its already successful predecessor. RaaWee K12 Attendance+ NEXT is now the leading solution for districts with 8,000 students or more, setting a new standard for attendance management in education.

Key upgrades include:

Enhanced Converse Module: This expansion allows for two-way communication with families and features automatic translation to and from hundreds of languages, ensuring effective communication with diverse communities.Dashboard 3.0: The third generation of the most utilized Attendance Intelligence Reporting Dashboard in education solutions, providing deeper insights and analytics to inform decision-making.

RaaWee K12 Attendance+ NEXT is launching with two Texas school districts already reaping the benefits of this cutting-edge product. RaaWee K12 Solutions is excited to welcome Forney Independent School District (ISD) as a new partner, alongside Eagle Pass Independent School District (ISD), a long-time partner now utilizing the latest features to enhance their attendance efforts.

“Our partnership with RaaWee has provided our staff with innovative tools to improve attendance. The system is user-friendly and their Team is always quick to respond to any questions or concerns,” notes David Camarillo, Executive Director for Instruction at Eagle Pass ISD in Eagle Pass, TX.

RaaWee K12 Attendance+ Essential, with the latest upgrades for a better understanding of the causes of absenteeism, will continue to be a powerful and affordable solution for districts or single school sites serving fewer than 8,000 students. This will ensure that all educational institutions, regardless of size, have access to effective tools for improving attendance.

“With the launch of RaaWee K12 Attendance+ NEXT, we are taking significant strides in our commitment to combat chronic absenteeism and truancy,” said Saleem Qazi, CEO, RaaWee K12 Solutions. “Our enhanced features and user-friendly design empower districts to create a positive impact on student attendance and overall educational outcomes.”

RaaWee K12 Solutions, solely focused on the challenges of Chronic Absenteeism and Truancy for more than 10 years, provides RaaWee K12 Attendance+ to educational institutions and their leaders for foolproof tracking, simplified outreach, timely 2-way communication, barrier-solving collaboration, simplified document preparation, powerful data analysis, and centralized storage tools that result in successful Student Attendance Improvement. Visit www.RaaWeeK12.com for more information on these powerful solutions.

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SOURCE RaaWee K12 Solutions

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Semtech Corporation (SMTC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

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BENSALEM, Pa., March 14, 2025 /PRNewswire/ — The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Semtech Corporation (“Semtech” or the “Company”) (NASDAQ: SMTC).

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SEMTECH CORPORATION (SMTC), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE APRIL 22, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Is The Lawsuit About?
The complaint filed alleges that, between August 27, 2024 and February 7, 2025, Defendants failed to disclose to investors: (1) that its CopperEdge products did not meet the needs of its server rack customer or end users; (2) that, as a result, the CopperEdge products required certain rack architecture changes; (3) that, as a result of the foregoing, the Company’s sales of CopperEdge products would not ramp-up during fiscal 2026; (4) that, as a result, sales of CopperEdge products would be lower-than-expected; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Contact Us To Participate or Learn More:
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.,
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Call us at: (215) 638-4847
Email us at: howardsmith@howardsmithlaw.com,
Visit our website at: www.howardsmithlaw.com.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

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SOURCE Law Offices of Howard G. Smith

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