Bigmerce (US:BIGC)2026-01-07 21:31Financial Outlook - The Company reaffirmed its financial outlook for Q4 and full year fiscal 2025, as previously announced on November 6, 2025[5]. - Forward-looking statements indicate potential risks, including higher-than-anticipated costs and impacts on recruitment and business operations[12]. - The Company assumes no obligation to update forward-looking statements except as required by law[13]. Workforce Realignment - The Company recorded an expense of approximately $7.4 million related to a workforce realignment plan during Q4 fiscal 2025, with an estimated additional $6.5 million expected in fiscal 2026[8]. - The Company expects the workforce realignment plan to be substantially completed during fiscal 2026[8]. - The Plan is anticipated to have an operating cash flow impact of approximately $3.4 million in Q1 fiscal 2026 and a total of $12.2 million for fiscal year 2026[8]. Leadership Changes - Daniel Lentz was appointed as Chief Operating Officer while continuing as Chief Financial Officer, with no change in compensation[10]. Operational Efficiency - The Company is focused on optimizing operational costs and efficiencies to position itself for continued profitable revenue growth[7]. - The Company has committed to continuous improvement efforts as part of its strategic initiatives[7]. Non-GAAP Financial Measures - The Company intends to exclude certain charges from its Non-GAAP financial measures, including Non-GAAP Operating Income and Adjusted EBITDA[9].