Group 1 - The investing group Out Fox The Street, led by Mark, focuses on identifying potential multibaggers while managing portfolio risk through diversification [1] - The features of the group include model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and community chat access [1] - Mark does not hold any stock or derivative positions in the companies mentioned and has no plans to initiate any such positions in the near future [1] Group 2 - The information provided is for informational purposes only and should not be considered as a solicitation to buy or sell securities [2] - Investors are encouraged to conduct their own research or consult a financial advisor before making investment decisions [2] - Past performance is not indicative of future results, and no specific investment recommendations are provided [3]

I recently joined The REIT Forum and if you are looking for more investment ideas like this one, get them exclusively at The REIT Forum with access to our subscriber only portfolios.I last wrote about Cloudflare (NYSE: NET ) in September, where I reiterated my "buy" rating for a second time. My "buy" rating was predicated on my belief that Cloudflare was demonstrating significant progress in moving upmarket, with a growingAmrita runs a boutique family office fund in beautiful Vancouver, where she leads the ...

Cloudflare (NET) reported third-quarter 2024 non-GAAP earnings of 20 cents per share, which beat the Zacks Consensus Estimate by 11.11%. The bottom line increased 29.4% year over year.NET’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 25.5%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.NET’s third-quarter revenues of $430.1 million surpassed the consensus mark by 1.52%. The year-over-year increase of 28.2% in reven ...

Cloudflare (NET) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.11%. A quarter ago, it was expected that this web security and content delivery company would post earnings of $0.14 per share when it actually produced earnings of $0.20, delivering a surprise of 42.86%.Over the last ...

Financial Data and Key Metrics Changes - Total revenue for Q3 2024 was $430.1 million, representing a 28% year-over-year increase [7][30] - Gross margin was 78.8%, slightly up from 78.7% year-over-year [9][34] - Operating income increased to $63.5 million, a nearly 50% year-over-year increase [37] - Free cash flow was $45.3 million, or 11% of revenue, compared to $34.9 million or 10% of revenue in the same period last year [40] - Net income for the quarter was $72.6 million, with diluted net income per share of $0.20 [39] Business Line Data and Key Metrics Changes - The company added a record 219 new large customers, bringing the total to 3,265, a 28% year-over-year increase [7][32] - Revenue contribution from large customers was 67%, up from 65% in the same quarter last year [7] - Dollar-based net retention was 110%, down 2 percentage points quarter-over-quarter [7][33] Market Data and Key Metrics Changes - U.S. revenue represented 50% of total revenue, increasing 22% year-over-year [31] - EMEA revenue accounted for 28% of total revenue, with a 31% year-over-year increase [31] - APAC revenue represented 14% of total revenue, showing a 38% year-over-year increase [31] Company Strategy and Development Direction - The company is focused on rebuilding its go-to-market organization, with an emphasis on increasing sales productivity and capacity [11][29] - A shift towards pool of funds deals with large customers is seen as beneficial for long-term growth despite short-term impacts on dollar-based net retention [8][50] - The company aims to enhance its product offerings, particularly in AI and enterprise solutions, to meet growing customer demands [53][59] Management's Comments on Operating Environment and Future Outlook - Management noted a consistent IT spending environment, with customers emphasizing cost efficiency and ROI [10] - There is optimism regarding internal execution and sales productivity improvements, particularly in North America [49][74] - The company expects to see a meaningful increase in ramped sales representatives starting in 2025, which should positively impact revenue growth [12][29] Other Important Information - The company ended Q3 2024 with $1.8 billion in cash and cash equivalents [39] - Remaining performance obligations (RPO) were $1.53 billion, a 39% year-over-year increase [40] - The company plans to participate in upcoming investor conferences, indicating ongoing engagement with the investment community [5] Q&A Session Summary Question: What is the current external business environment? - Management sees the environment as slightly improved, with strong performance in Europe and Asia, and a leveling off in North America [47] Question: How does the pool of funds impact revenue? - The share of pool of funds deals increased to 10%, which may pressure short-term metrics but is expected to facilitate customer adoption in the long run [50] Question: Can you provide insights on AI developments? - The company has seen a shift in customer conversations from AI training to AI inference, with significant contracts signed, indicating strong demand for their AI platform [52] Question: What is the outlook for the public sector? - The public sector remains a strong area, with expectations for growth as relationships are nurtured and sales capacity is built out [92][96] Question: When can revenue growth accelerate again? - Management believes they have reached a key inflection point in sales capacity, expecting revenue growth to improve moving forward [86][87]

Trading Symbol:  TSX: SVM                                  NYSE AMERICAN: SVM                                                                                                                 VANCOUVER, BC, Nov. 7, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) reported its financial and operating results for the three months ended September 30, 2024 ("Q2 Fiscal 2025"). All amounts are expressed in US dollars, and figures may not add due to rounding. ...

Revenue and Financial Performance - Third quarter revenue totaled $430.1 million, representing a 28% year-over-year increase[1][3] - For the fourth quarter of fiscal 2024, the company expects total revenue of $451.0 to $452.0 million and non-GAAP income from operations of $57.0 to $58.0 million[6] - For the full year fiscal 2024, the company expects total revenue of $1,661.0 to $1,662.0 million and non-GAAP income from operations of $220.0 to $221.0 million[6] Operating Results and Margins - GAAP loss from operations was $30.8 million, or 7% of revenue, while non-GAAP income from operations was $63.5 million, or 15% of revenue[1][4] - Non-GAAP operating income for Q3 2024 was $63.5 million, a significant increase from $42.5 million in Q3 2023, with operating margins improving to 14.8% from 12.7%[21] - GAAP gross profit was $334.1 million, or 77.7% gross margin, compared to $257.5 million, or 76.7%, in the third quarter of 2023[4] - Non-GAAP gross profit for Q3 2024 was $339.1 million, compared to $264.2 million in Q3 2023, reflecting a gross margin of 78.8% vs. 78.7% respectively[21] Net Income and Earnings - Non-GAAP net income was $72.6 million, compared to $55.3 million in the third quarter of 2023[4] - GAAP net loss for Q3 2024 was $15.3 million, an improvement from a $23.5 million loss in Q3 2023, while Non-GAAP net income for Q3 2024 was $72.6 million, up from $55.3 million in Q3 2023[22] - Non-GAAP net income per diluted share for Q3 2024 was $0.20, compared to $0.16 in Q3 2023[22] - Weighted-average shares used in computing Non-GAAP net income per diluted share were 356.9 million for Q3 2024, up from 351.7 million in Q3 2023[22] Cash Flow and Liquidity - Operating cash flow was $104.7 million, or 24% of revenue, and free cash flow was $45.3 million, or 11% of revenue[1][4] - Free cash flow for the three months ended September 30, 2024, was $45.3 million, compared to $34.9 million for the same period in 2023[23] - Net cash provided by operating activities for the three months ended September 30, 2024, was $104.7 million, representing 24% of revenue, up from $68.1 million (20% of revenue) in the same period in 2023[23] - Free cash flow margin for the three months ended September 30, 2024, was 11%, compared to 10% for the same period in 2023[23] - Net cash used in investing activities for the three months ended September 30, 2024, was $76.4 million, down from $100.2 million in the same period in 2023[23] - Net cash provided by financing activities for the three months ended September 30, 2024, was $2.4 million, compared to $34.6 million used in the same period in 2023[23] - Free cash flow for the nine months ended September 30, 2024, was $119.2 million, compared to $68.7 million for the same period in 2023[23] - Net cash provided by operating activities for the nine months ended September 30, 2024, was $253.1 million, representing 21% of revenue, up from $169.0 million (18% of revenue) in the same period in 2023[23] - Free cash flow margin for the nine months ended September 30, 2024, was 10%, compared to 7% for the same period in 2023[23] - Net cash used in investing activities for the nine months ended September 30, 2024, was $163.2 million, up from $84.6 million in the same period in 2023[23] - Net cash provided by financing activities for the nine months ended September 30, 2024, was $4.8 million, compared to $202.0 million used in the same period in 2023[23] Customer Growth and Market Penetration - The company added a record 219 large customers, with 35% of the Fortune 500 now being paying Cloudflare customers[2] Expenses and Costs - The company's sales and marketing expenses were $185.2 million, research and development expenses were $110.9 million, and general and administrative expenses were $68.8 million for the third quarter[17] - Cost of revenue increased to $2,943 million in the latest quarter, up from $2,367 million in the previous quarter[18] - Sales and marketing expenses rose to $24,677 million, compared to $20,674 million in the prior quarter[18] - Research and development spending reached $40,459 million, up from $36,353 million in the previous quarter[18] - Total stock-based compensation and related employer payroll taxes amounted to $91,767 million, an increase from $76,857 million[18] - Stock-based compensation and related employer payroll taxes totaled $91.8 million in Q3 2024, up from $76.9 million in Q3 2023[21] - GAAP cost of revenue for Q3 2024 was $96.0 million, compared to $78.1 million in Q3 2023, while Non-GAAP cost of revenue was $91.0 million vs. $71.4 million respectively[21] - Non-GAAP sales and marketing expenses for Q3 2024 were $160.2 million, up from $129.0 million in Q3 2023[21] - Non-GAAP research and development expenses for Q3 2024 were $70.5 million, compared to $54.2 million in Q3 2023[21] - Non-GAAP general and administrative expenses for Q3 2024 were $45.0 million, up from $38.5 million in Q3 2023[21] Balance Sheet and Assets - Cash, cash equivalents, and available-for-sale securities were $1,823.8 million as of September 30, 2024[4] - Cash and cash equivalents grew to $182,883 million as of September 30, 2024, from $86,864 million at the end of 2023[19] - Total assets increased to $3,062,746 million, up from $2,759,767 million at the end of 2023[19] Net Loss and Cash Flow Trends - Net loss for the nine months ended September 30, 2024, was $65,952 million, an improvement from $156,084 million in the same period last year[20] - Net cash provided by operating activities was $253,121 million, compared to $168,965 million in the previous year[20] - Purchases of property and equipment totaled $111,884 million, up from $83,580 million in the prior year[20] - Net cash provided by financing activities was $4,753 million, a significant improvement from a net cash used of $201,975 million in the previous year[20]

In the period, net revenue totaled R$ 8.5 billion and EBITDA was R$ 813 millionBARRETOS, Brazil, Nov. 6, 2024 /PRNewswire/ -- Minerva Foods (Minerva S.A. – B3: BEEF3 | OTC – Nasdaq International: MRVSY), a multinational food company and one of the global leaders in beef production, committed to creating connections between people, food and nature, presents its financial results for the third quarter of 2024 (3Q24) to the market. The following financial and operational information is presented in BRGAAP, in ...

Cloudflare, Inc. (NYSE: NET ) is reporting Q3 ’24 earnings on November 7, 2024, after the market close. Consensus is forecasting $424mm in revenue and an EPS of $0.18/share for the quarter, in line withMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, an ...

Cloudflare (NET) is scheduled to report third-quarter 2024 results on Nov. 7.NET projects third-quarter revenues in the band of $423-$424 million. The Zacks Consensus Estimate for the top line is pegged at $423.7 million, which indicates a year-over-year improvement of 26.2%.Cloudflare expects non-GAAP earnings of 18 cents per share for the to-be-reported quarter. The consensus mark for earnings is pegged at 18 cents per share, unchanged over the past 60 days. This figure implies an improvement of 12.5% fro ...