Many company reports are expected to update the market today. This coincides with Nvidia (NVDA) reporting their earnings after the close in the US (this morning our time). I suspect it will be a wild day. Stocks looked at: ASX:AIA, ASX:VEE, ASX:PLY, ASX:QAN, ASX:SLC and ASX:GNG.
Auckland International Airport (ASX:AIA)
https://www.aucklandairport.co.nz/
Results are the first ones I will look at today. 
Seems ok. Lift in capex a slight negative. Huge improvement on the year prior as the travel industry continues to recover from Covid-19.
CSR (ASX:CSR)
https://www.csr.com.au/
Sadly, it looks like we’re going to lose another company from the ASX with CSR (ASX:CSR) receiving a takeover offer.
MRM Offshore (ASX:MRM)
https://www.mmaoffshore.com/
The next stock of interest today. They’ve been a great performer for a couple of years now. Can it continue?
Sounds to me like that outlook for the 2nd half is a bit under what the analysts were expecting but it really is hard to predict.
Nvidia (NVDA)
https://www.nvidia.com/en-au/
The result looks to be a beat and the market likes it. It just crossed $710. (+5.3%) in the after market. This will provide a lot of support for our tech sector today.
Veem (ASX:VEE)
https://veem.com.au/
This is the next stock I want to look. Interestingly, another ship related company.
Haha, the outlook is the same as ASX:MRM.
Great numbers and profit and revenue of a similar amount in the 2nd half looks to be slightly above what the market was expecting.
Playside (ASX:PLY)
https://www.playsidestudios.com/
Is the next one I want to have a look at. Wow so many today!
Incredible half for the company. Some might say company defining?
There’s no change in that guidance to what they had guided previoulsy.
Let’s keep moving.
Qantas (ASX:QAN)
https://www.qantas.com/au/en.html
Let’s have a look for some more clues into the health of the broader travel sector.
I’m a bit shocked by these numbers but that’s without having any idea what the market was expecting. I don’t follow ASX:QAN closely.
Ok I don’t want to spend any more time on ASX:QAN. Demand is strong but fares have fallen faster than the market thought … perhaps.
Superloop (ASX:SLC)
https://www.superloop.com/
Let’s have a quick, I think they were expected to report well.
Strong numbers but still a long way from being profitable. Cash flow positive though so I’m guessing the Net loss is due to depreciation. Teleco’s always have a lot of initial costs.
Growth looks like it’s set to continue for ASX:SLC.
GR Engineering Services (ASX:GNG)
https://www.gres.com.au/
Has been going well for a while. Let’s see their result.
Not a lot of details here and I’m not interested enough nor have the time to dig deeper. What stands out is how low that EBITDA margin was in HY23 and how inconsistent it is. I’m sure there are reasons for that but it just makes it look a bit of messy company.
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Many company reports: ASX:AIA, ASX:VEE, ASX:PLY, ASX:QAN, ASX:SLC and ASX:GNG.