Industry Overview - The Zacks Technology Services Industry is performing strongly, ranking in the top 22% of over 240 Zacks industries, with 11 stocks currently rated as Zacks Rank 1 (Strong Buy) [1] CoreCard (CCRD) - CoreCard's stock price is $26, having reached a 52-week high of $28, driven by consistent revenue growth and increased profitability [2] - The company exceeded Q1 EPS expectations by 75%, reporting earnings of $0.28 per share against estimates of $0.16, a significant increase from $0.07 in Q1 of the previous year [2][3] - Institutional investors own 41% of CoreCard's shares, and the company has surpassed the Zacks EPS Consensus for six consecutive quarters, with an average earnings surprise of 119.22% over the last four quarters [3] Dave Inc. (DAVE) - Dave Inc.'s stock price is $217, reflecting a nearly 150% increase year-to-date and a staggering 3,900% gain over the last two years [5][6] - The company has seen record growth since going public in 2022, with projections indicating high-double-digit growth in both revenue and earnings for fiscal years 2025 and 2026 [6] - Dave crushed Q1 EPS expectations by 61%, reporting earnings of $2.48 per share compared to estimates of $1.54, with FY25 and FY26 EPS estimates increasing by over 26% and 31% respectively in the last 60 days [7] Microvast (MVST) - Microvast's stock price is $3, having increased over 90% in 2025 and reaching a one-year high of $4.32 [8] - The company reported a surprise profit of $0.06 per share in Q1, compared to an expected loss of -$0.02, and achieved record Q1 revenue of $116.49 million, exceeding estimates of $103.75 million and up 43% from $81.35 million in the prior period [9] - Microvast is expected to achieve profitability this year, with rapid sales growth indicating strong future earnings potential [9] Conclusion - The positive trend in earnings estimate revisions suggests further upside potential for highly ranked technology services stocks, with CoreCard, Dave Inc., and Microvast identified as viable buy-the-dip candidates due to their significant expansion [13]

Group 1 - Dave & Buster's Entertainment, Inc. is expected to report its fiscal Q1 results around June 10, which is likely to continue the company's weak performance trend [1] - The company is analyzed with a focus on identifying mispriced securities by understanding the drivers behind its financials, often revealed through a DCF model valuation [1]

Core Viewpoint - Dave & Buster's Entertainment, Inc. will report its financial results for the first quarter ended May 6, 2025, on June 10, 2025, after market close [1] Group 1: Financial Reporting - The financial results announcement is scheduled for June 10, 2025, after market close [1] - A conference call to discuss the results will take place on the same day at 4:00 p.m. Central Time [2] - Participants can access the conference call via a toll-free number or through the company's website [2] Group 2: Company Overview - Dave & Buster's operates 236 venues across North America, including 175 Dave & Buster's stores and 61 Main Event stores [3] - The company provides a combination of dining and entertainment experiences, allowing guests to "Eat Drink Play and Watch" [3] - Main Event stores offer activities such as bowling, laser tag, and arcade games, catering to families [3]

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Dave Inc. (DAVE) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings est ...

Company Performance - Bright Horizons Family Solutions (BFAM) has gained approximately 16.9% year-to-date, significantly outperforming the average return of 2.5% for the Business Services sector [4] - The Zacks Consensus Estimate for BFAM's full-year earnings has increased by 1.7% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [4] - BFAM currently holds a Zacks Rank of 2 (Buy), suggesting a favorable position for potential outperformance in the market [3] Industry Context - Bright Horizons Family Solutions is part of the Business Services sector, which consists of 270 individual stocks and has a Zacks Sector Rank of 4 [2] - Within the Business - Services industry, which includes 26 stocks, BFAM ranks higher with a year-to-date return that exceeds the average gain of 16.8% for this group [6] - In comparison, another stock in the Business Services sector, Dave Inc. (DAVE), has shown a remarkable year-to-date return of 127% and has a Zacks Rank of 1 (Strong Buy) [5][6]

Company Performance - Dave Inc. (DAVE) shares have increased by 112.3% over the past month, reaching a new 52-week high of $201.45 [1] - Since the beginning of the year, DAVE has gained 127%, significantly outperforming the Zacks Business Services sector (2.5%) and the Zacks Technology Services industry (3%) [1] Earnings and Revenue - DAVE has consistently exceeded earnings expectations, reporting EPS of $2.48 against a consensus estimate of $1.54 in its last earnings report [2] - The company is projected to achieve earnings of $8.41 per share on revenues of $466.5 million for the current fiscal year, reflecting a 60.5% increase in EPS and a 34.4% increase in revenues [3] - For the next fiscal year, DAVE is expected to earn $10.68 per share on revenues of $570.73 million, indicating year-over-year changes of 26.93% and 22.34%, respectively [3] Valuation Metrics - DAVE currently trades at 23.5 times the current fiscal year EPS estimates, which is above the peer industry average of 19.9 times [6] - On a trailing cash flow basis, DAVE trades at 39.3 times compared to the peer group's average of 10.3 times, suggesting a premium valuation [6] Zacks Rank and Style Scores - DAVE holds a Zacks Rank of 1 (Strong Buy) due to rising earnings estimates, indicating strong potential for further gains [7] - The company has a Value Score of F, but its Growth and Momentum Scores are both A, resulting in a combined VGM Score of B [6][7] Industry Comparison - The Technology Services industry is performing well, ranking in the top 21% of all industries, providing favorable conditions for DAVE and its peers [10] - Allot Ltd. (ALLT), a peer in the industry, also has a Zacks Rank of 1 and has shown strong earnings performance, indicating a competitive landscape [8][9]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 (I.R.S. Employer Identification No.) OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to _______ Commission file number: 001-40161 DAVE INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 86 ...

Dave Inc. (DAVE) came out with quarterly earnings of $2.48 per share, beating the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $0.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 61.04%. A quarter ago, it was expected that this company would post earnings of $1.09 per share when it actually produced earnings of $2.04, delivering a surprise of 87.16%.Over the last four quarters, the company has su ...

Financial Data and Key Metrics Changes - The company reported record high total revenue of $108 million for Q1 2025, representing a year-over-year growth of 47% [18] - Adjusted EBITDA reached $44.2 million, more than tripling from $13.2 million in Q1 of the previous year, driven by revenue growth and variable margin expansion [25][29] - Non-GAAP variable profit grew 67% year over year to $83.4 million, with variable margin reaching 77%, up nearly 950 basis points year over year [19] Business Line Data and Key Metrics Changes - Monthly transacting members (MTMs) grew 15% year over year to 12.4 million, with a record 2.5 million MTMs engaging in transactions [8][10] - Average revenue per user (ARPU) expanded by 29% year over year, marking the seventh consecutive quarter of double-digit ARPU growth [15][29] - Extra Cash originations exceeded $1.5 billion, representing a 46% year-over-year increase [10] Market Data and Key Metrics Changes - The company transitioned to a new fee structure for Extra Cash, resulting in approximately 60% of total originations being under the new model in Q1 [6][7] - The average size of an Extra Cash origination increased by 21% year over year to $192, with March seeing an average size of over $200 [10][15] Company Strategy and Development Direction - The company focuses on three strategic growth pillars: efficient member acquisition, enhanced member engagement through Extra Cash, and deepening relationships via the Dave Card [7] - A strategic partnership with Coastal Community Bank is expected to enhance product offerings and compliance capabilities, with onboarding of new customers planned for early Q3 [16] - The company is committed to disciplined investments in product development and data capabilities throughout the year [24][86] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to manage credit risk through its Cash AI underwriting engine, which allows for real-time credit risk evaluation [12][22] - The company raised its full-year 2025 guidance for revenue to a range of $460 million to $475 million, reflecting a year-over-year growth of 33% to 37% [28] - Management remains optimistic about the demand for products and the potential for further ARPU expansion due to the full rollout of the new fee structure [74] Other Important Information - The company reported a GAAP net income decline to $28.8 million from $34.2 million in Q1 of the previous year, primarily due to a non-recurring gain from a convertible note repurchase [24] - The company has approximately $89.7 million in cash and cash equivalents as of the quarter-end, with a share repurchase program authorized for $50 million [26][27] Q&A Session Summary Question: Update on Extra Cash market share and average advances - Management indicated that the total addressable market for Extra Cash remains large, with 150 million potential users in the U.S. [33] - The increase in advance sizes is expected to provide more flexibility for members without reducing the number of advances taken [34] Question: Correlation between new pricing structure and credit performance - Management reported no adverse effects from the new pricing structure, with credit performance hitting an all-time low and positive customer adaptation [42][43] Question: Guidance on ARPU and MTM growth - Management expects continued growth in MTMs and ARPU, driven by the new pricing structure and optimization of credit offers [46] Question: Customer re-engagement and average origination sizes - Management noted that repeat customers account for 97-98% of dollar value originations, with improvements in credit offerings contributing to larger average origination sizes [85] Question: Increased expenditures for product development - Management confirmed plans for disciplined investments in product development and marketing spend throughout the year [86]