Core Insights - Aptean has acquired OpsVeda, an AI-powered operations command center, enhancing its vision for an autonomous, end-to-end supply chain platform [1][4] - The acquisition follows Aptean's recent purchase of Logility, a leader in AI-first supply chain management software, indicating a strategic focus on integrating advanced AI capabilities [1][4] Company Overview - Aptean is a global provider of industry-specific enterprise software solutions, focusing on helping manufacturers and distributors optimize their operations [7] - OpsVeda specializes in real-time operational intelligence and AI-driven automation, serving various industries including consumer-packaged goods and industrial manufacturing [6] Strategic Benefits - The integration of OpsVeda's real-time execution capabilities with Logility's planning solutions will enable businesses to transition from static data management to continuous, AI-driven orchestration [2][3] - This combination aims to eliminate operational blind spots, enhance decision-making speed, and provide greater agility in supply chain operations [2][3] Future Vision - Aptean plans to extend the OpsVeda platform and integrate its capabilities across its portfolio, reinforcing Logility's role as the intelligence core of an autonomous supply chain [4] - The collaboration is expected to create a unified platform for end-to-end supply chain excellence, enhancing real-time visibility and execution for customers [4]

Core Insights - Logility, an Aptean company, is recognized for its leadership in AI-first supply chain management software [1] - Lachelle Buchanan, Vice President of Product Marketing at Logility, has been awarded the Women in Supply Chain Award by Food Logistics and Supply & Demand Chain Executive [1] - The award honors female leaders in the supply chain industry who are making significant contributions through vision, innovation, and commitment [1] Company Highlights - Logility is positioned as a leader in the supply chain management software sector, emphasizing AI-driven solutions [1] - The recognition of Lachelle Buchanan reflects the company's commitment to diversity and leadership within the supply chain industry [1] Industry Recognition - The Women in Supply Chain Award celebrates the achievements of women who are influencing the future of the supply chain industry [1] - This award highlights the importance of female leadership in driving innovation and shaping industry standards [1]

Group 1 - Huron Consulting (HURN) has shown strong year-to-date performance, with a return of approximately 17.8%, significantly outperforming the Business Services sector average of 2% [4] - The Zacks Consensus Estimate for HURN's full-year earnings has increased by 3.4% over the past three months, indicating improving analyst sentiment and a more positive earnings outlook [4] - Huron Consulting holds a Zacks Rank of 2 (Buy), suggesting it is positioned to outperform the market in the near term [3] Group 2 - Huron Consulting is part of the Consulting Services industry, which consists of 13 companies and currently ranks 83 in the Zacks Industry Rank, with an average loss of 9.1% year-to-date [6] - In comparison, Logility Supply Chain Solutions (LGTY), another stock in the Business Services sector, has performed even better with a year-to-date increase of 28.9% and a Zacks Rank of 2 (Buy) [5][7] - The Technology Services industry, which includes Logility, has seen an average decline of 5.3% since the beginning of the year, highlighting Huron Consulting's relative strength within its industry [7]

Revenue Performance - Subscription fees for Q3 FY2025 were $14.8 million, a 5% increase from $14.1 million in the same period last year[5]. - Total revenues for Q3 FY2025 decreased 2% to $25.0 million, down from $25.5 million year-over-year, primarily due to a decline in services and maintenance revenue[5]. - Maintenance revenues for Q3 FY2025 decreased 12% to $6.8 million compared to $7.7 million in the same period last year[5]. - Professional services and other revenues for Q3 FY2025 decreased 21% to $2.7 million from $3.4 million year-over-year[5]. - Total revenues for the nine months ended January 31, 2025, were $76.5 million compared to $77.1 million for the same period last year[7]. - Subscription fees increased by 5% to $14,818 million in Q3 2025 from $14,114 million in Q3 2024[17]. - Total revenues decreased by 2% to $25,007 million in Q3 2025 compared to $25,536 million in Q3 2024[17]. Profitability and Loss - GAAP net loss from continuing operations for Q3 FY2025 was ($2.8) million or ($0.08) per fully diluted share, compared to net income of $4.2 million or $0.12 per fully diluted share for the same period last year[8]. - Net loss from continuing operations was $2,758 million in Q3 2025, a significant decline from a profit of $4,152 million in Q3 2024[17]. - Basic loss per share from continuing operations was $(0.08) in Q3 2025, compared to earnings of $0.12 in Q3 2024[17]. - Adjusted net earnings from continuing operations decreased by 26% to $0.14 per share for the third quarter, down from $0.19 per share in the prior year[19]. Operating Expenses - Operating expenses rose by 30% to $20,267 million in Q3 2025 from $15,631 million in Q3 2024[17]. - Operating expenses increased by 65% to $573 million for the nine months ended January 31, 2025, compared to $347 million in the prior year[19]. - Research and development expenses increased by 4% to $4,748 million in Q3 2025 from $4,546 million in Q3 2024[17]. - Research and development expenses increased by 12% to $195 million for the third quarter, compared to $174 million in the same quarter last year[19]. Cash and Investments - The company reported a cash and investments balance of approximately $79.3 million as of Q3 FY2025[10]. - Cash and cash equivalents at the end of the period were $34.359 million, down from $59.512 million at the beginning of the period, indicating a decrease of approximately 42%[20]. - The company reported a net cash used in operating activities of continuing operations of $(13.845) million for the nine months ended January 31, 2025, compared to $7.916 million provided in the prior year[20]. Acquisition and Future Outlook - Logility announced a definitive agreement for Aptean to acquire Logility at $14.30 per share in an all-cash transaction, expected to close in Q2 2025[2]. - Due to the pending acquisition, Logility will not host an earnings conference call or provide a financial outlook for the quarter[3]. Shareholder Returns - The company paid dividends totaling $11.027 million during the nine months ended January 31, 2025, compared to $11.272 million in the prior year[20].

Core Insights - Logility Supply Chain Solutions (LGTY) reported quarterly earnings of $0.14 per share, exceeding the Zacks Consensus Estimate of $0.08 per share, but down from $0.19 per share a year ago, representing a 75% earnings surprise [1] - The company achieved revenues of $25.01 million for the quarter ended January 2025, surpassing the Zacks Consensus Estimate by 0.55%, although this is a decrease from $25.54 million in the same quarter last year [2] - Logility's stock has increased approximately 27.3% year-to-date, significantly outperforming the S&P 500's gain of 4.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.09, with expected revenues of $25.67 million, and for the current fiscal year, the EPS estimate is $0.40 on revenues of $102.02 million [7] - The estimate revisions trend for Logility is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Technology Services industry, to which Logility belongs, is currently ranked in the top 36% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]

Company Overview - Logility Supply Chain Solutions (LGTY) shares increased by 24.7% to close at $14.12, supported by high trading volume compared to normal sessions [1] - The stock has shown a 0.3% gain over the past four weeks, indicating a positive trend [1] Earnings Expectations - The upcoming quarterly earnings for Logility are projected at $0.08 per share, reflecting a year-over-year decline of 57.9% [2] - Expected revenues for the quarter are $24.87 million, which is a decrease of 2.6% from the same quarter last year [2] Market Position and Trends - The consensus EPS estimate for Logility has remained unchanged over the last 30 days, suggesting stability in earnings expectations [3] - The stock's price movement is typically correlated with trends in earnings estimate revisions, indicating that future price strength may depend on changes in earnings forecasts [3] Industry Context - Logility operates within the Zacks Technology Services industry, where another company, Veralto (VLTO), closed 1.5% higher at $103.28, but has seen a -1.3% return over the past month [3] - Veralto's consensus EPS estimate has slightly decreased by 0.1% to $0.88, representing a year-over-year increase of 1.2% [4]

Group 1 - Monteverde & Associates PC is investigating Logility Supply Chain Solutions, Inc. regarding its proposed merger with Aptean, where Aptean will acquire all of Logility's outstanding common stock for $14.30 per share in an all-cash transaction [1] - Monteverde & Associates PC has a successful track record in recovering millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report [1] - The firm operates from the Empire State Building in New York City and emphasizes its national class action securities litigation capabilities [2][3] Group 2 - The firm encourages shareholders with concerns about Logility to seek additional information free of charge through their website or by contacting Juan Monteverde, Esq. [3] - Monteverde & Associates PC highlights its litigation experience, including cases that have reached the U.S. Supreme Court [2]

[Part I—Financial Information](index=4&type=section&id=Part%20I%E2%80%94Financial%20Information) This section presents the company's unaudited condensed consolidated financial statements and related notes, along with management's discussion and analysis of financial condition and results of operations [Item 1. Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements) The unaudited condensed consolidated financial statements for the period ended October 31, 2024, show a decrease in total assets and a slight decline in total shareholders' equity compared to April 30, 2024 Condensed Consolidated Balance Sheet Highlights (in thousands) | Account | Oct 31, 2024 | Apr 30, 2024 | | :--- | :--- | :--- | | Cash and cash equivalents | $44,589 | $59,512 | | Total current assets | $107,728 | $118,696 | | Total assets | $180,503 | $192,444 | | Deferred revenue | $38,057 | $47,621 | | Total liabilities | $50,408 | $61,963 | | Total shareholders' equity | $130,095 | $130,481 | Condensed Consolidated Statements of Operations Highlights (in thousands) | Metric | Three Months Ended Oct 31, 2024 | Three Months Ended Oct 31, 2023 | Six Months Ended Oct 31, 2024 | Six Months Ended Oct 31, 2023 | | :--- | :--- | :--- | :--- | :--- | | Total revenues | $25,286 | $25,690 | $51,478 | $51,591 | | Subscription fees | $14,522 | $13,358 | $29,313 | $27,121 | | Gross margin | $16,509 | $16,401 | $33,977 | $33,258 | | Operating income | $1,036 | $1,229 | $2,880 | $2,621 | | Net earnings | $1,738 | $2,363 | $3,791 | $5,111 | Condensed Consolidated Statements of Cash Flows Highlights (Six Months Ended, in thousands) | Cash Flow Activity | Oct 31, 2024 | Oct 31, 2023 | | :--- | :--- | :--- | | Net cash (used in) provided by operating activities | $(7,321) | $8,054 | | Net cash used in investing activities | $(280) | $(23,697) | | Net cash used in financing activities | $(7,322) | $(12,082) | | Net change in cash and cash equivalents | $(14,923) | $(27,725) | - On August 20, 2024, the Company eliminated its Class B Common Stock by reclassifying each share into 1.2 shares of Common Stock, resulting in a **$3.8 million reduction** to net earnings attributable to common stockholders for EPS calculation purposes[30](index=30&type=chunk)[59](index=59&type=chunk) [Notes to Condensed Consolidated Financial Statements](index=9&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) The notes detail significant accounting policies and events, including reclassification of Class B common stock, revenue recognition, and details on the acquisition of Garvis AI and divestiture of The Proven Method - As of October 31, 2024, the company has remaining performance obligations of approximately **$120.0 million**, expecting to recognize about **52%** of this amount as revenue over the next 12 months[46](index=46&type=chunk) - In September 2023, the company acquired Garvis AI Limited for approximately **$25.0 million** in cash, with the purchase price allocation including **$16.2 million** to goodwill and **$9.0 million** to current technology[75](index=75&type=chunk)[77](index=77&type=chunk)[78](index=78&type=chunk) - The company disposed of its IT staffing firm, The Proven Method (TPM), in September 2023 for approximately **$2.1 million** in cash, with TPM's results presented as discontinued operations[29](index=29&type=chunk)[80](index=80&type=chunk) Segment Operating Income (in thousands) | Segment | Three Months Ended Oct 31, 2024 | Three Months Ended Oct 31, 2023 | Six Months Ended Oct 31, 2024 | Six Months Ended Oct 31, 2023 | | :--- | :--- | :--- | :--- | :--- | | Supply Chain Management | $6,143 | $5,597 | $12,731 | $11,768 | | Other | $(5,107) | $(4,368) | $(9,851) | $(9,147) | [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=25&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the company's performance amidst a stable but underwhelming global economic environment, focusing on the SCM segment's increased operating income and the shift to a SaaS model - The company's core business is its Supply Chain Management (SCM) segment, leveraging a SaaS cloud-based platform with AI and machine learning, serving approximately **550 clients** in **80 countries**[115](index=115&type=chunk)[116](index=116&type=chunk)[121](index=121&type=chunk) - The company views the challenging global macro-economic environment as a potential driver for clients to upgrade technology systems to improve productivity, which may result in an improved selling environment for its software[110](index=110&type=chunk) [Results of Operations](index=27&type=section&id=Results%20of%20Operations) For the three months ended October 31, 2024, total revenue decreased by 2% year-over-year, while for the six-month period, it was flat, driven by subscription fee growth offsetting declines in legacy revenue streams Revenue by Type - Three Months Ended Oct 31 (in thousands) | Revenue Type | 2024 | 2023 | % Change | | :--- | :--- | :--- | :--- | | Subscription fees | $14,522 | $13,358 | 9% | | License | $73 | $229 | (68)% | | Professional services and other | $3,617 | $4,003 | (10)% | | Maintenance | $7,074 | $8,100 | (13)% | | **Total revenue** | **$25,286** | **$25,690** | **(2)%** | Revenue by Type - Six Months Ended Oct 31 (in thousands) | Revenue Type | 2024 | 2023 | % Change | | :--- | :--- | :--- | :--- | | Subscription fees | $29,313 | $27,121 | 8% | | License | $314 | $518 | (39)% | | Professional services and other | $7,487 | $7,689 | (3)% | | Maintenance | $14,364 | $16,263 | (12)% | | **Total revenue** | **$51,478** | **$51,591** | **0%** | - The SCM segment's operating income increased by **10%** for the three months and **8%** for the six months ended October 31, 2024, compared to the prior year, driven by higher subscription revenue and lower operating expenses[170](index=170&type=chunk)[171](index=171&type=chunk) - Total gross margin percentage increased slightly from **64% to 65%** for the three-month period and from **64% to 66%** for the six-month period, primarily due to higher margins on license fees and subscriptions[152](index=152&type=chunk) [Liquidity, Capital Resources and Financial Condition](index=36&type=section&id=Liquidity%2C%20Capital%20Resources%20and%20Financial%20Condition) The company maintains a strong financial position with **$84.2 million** in cash and investments and no debt, despite a negative operating cash flow for the six months ended October 31, 2024 - The company has no debt obligations or off-balance sheet financing arrangements[180](index=180&type=chunk) - Net cash used in operating activities for the six months ended Oct 31, 2024, was **$7.3 million**, compared to **$8.1 million** provided by operating activities in the same period last year, mainly due to increased purchases of trading securities and changes in deferred revenue and deferred taxes[182](index=182&type=chunk) - As of October 31, 2024, the company had **$84.2 million** in cash and investments and believes its liquidity is sufficient for the next twelve months[188](index=188&type=chunk) - Days Sales Outstanding (DSO) improved to **61 days** as of October 31, 2024, down from **72 days** a year prior, indicating better cash collections[187](index=187&type=chunk) [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=38&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company is exposed to market risks from foreign currency exchange rates and interest rates, with approximately **22%** of revenue generated outside the U.S., but does not engage in hedging - Approximately **22%** of revenue for the three and six months ended October 31, 2024, was generated outside the United States, exposing the company to foreign currency risk, though it does not currently use hedging instruments[192](index=192&type=chunk) - The company has no debt and manages interest rate risk on its investment portfolio, valued at approximately **$80.1 million**, by investing in high-credit-quality, short-maturity instruments[193](index=193&type=chunk) [Item 4. Controls and Procedures](index=39&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that the company's disclosure controls and procedures were effective as of October 31, 2024, with a previously disclosed material weakness fully remediated - Management concluded that disclosure controls and procedures were effective as of October 31, 2024[199](index=199&type=chunk) - A previously disclosed material weakness related to ineffective controls over the reconciliation of several key accounts was fully remediated as of July 31, 2024[200](index=200&type=chunk)[201](index=201&type=chunk)[202](index=202&type=chunk) [Part II—Other Information](index=40&type=section&id=Part%20II%E2%80%94Other%20Information) This section covers legal proceedings and updates on risk factors [Item 1. Legal Proceedings](index=40&type=section&id=Item%201.%20Legal%20Proceedings) The company reports that it is not currently involved in any legal proceedings that would require disclosure - The company is not currently involved in any material legal proceedings[205](index=205&type=chunk) [Item 1A. Risk Factors](index=40&type=section&id=Item%201A.%20Risk%20Factors) There have been no material changes to the risk factors previously disclosed in the company's Annual Report on Form 10-K - No material changes to the company's risk factors were reported during the quarter[206](index=206&type=chunk)

分组1 - Logility Supply Chain Solutions reported quarterly earnings of $0.11 per share, exceeding the Zacks Consensus Estimate of $0.08 per share, and showing an increase from $0.08 per share a year ago, resulting in an earnings surprise of 37.50% [1] - The company posted revenues of $25.29 million for the quarter ended October 2024, which was 3.19% below the Zacks Consensus Estimate and a decrease from $25.69 million in the same quarter last year [2] - Logility has surpassed consensus EPS estimates in all four of the last quarters, while it has topped consensus revenue estimates three times during the same period [2] 分组2 - The stock has underperformed the market, losing about 2% since the beginning of the year, compared to the S&P 500's gain of 24.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.08 on revenues of $25.77 million, and for the current fiscal year, it is $0.38 on revenues of $105.01 million [7] - The Technology Services industry, to which Logility belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]