GoDaddy (GDDY) came out with quarterly earnings of $1.8 per share, beating the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +13.64%. A quarter ago, it was expected that this cloud-based technology products developer would post earnings of $1.5 per share when it actually produced earnings of $1.51, delivering a surprise of +0.67%.Over the last fo ...

Core Viewpoint - MakeMyTrip reported quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.45 per share, but showing an increase from $0.39 per share a year ago, indicating a -6.67% earnings surprise [1][2] Financial Performance - The company posted revenues of $268.85 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 2.99%, compared to $254.52 million in the same quarter last year [2] - Over the last four quarters, MakeMyTrip has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Performance - MakeMyTrip shares have declined approximately 13% since the beginning of the year, contrasting with the S&P 500's gain of 7.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.43 on revenues of $256.02 million, and for the current fiscal year, it is $1.97 on revenues of $1.16 billion [7] Industry Outlook - The Internet - Delivery Services industry, to which MakeMyTrip belongs, is currently ranked in the top 11% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]

Core Viewpoint - Asure Software, Inc. will hold a conference call on May 1, 2025, to discuss its financial results for the first quarter of 2025 [1][2]. Group 1: Conference Call Details - The conference call will be hosted by Asure Chairman and CEO Pat Goepel and CFO John Pence, followed by a Q&A session [2]. - The call is scheduled for Thursday, May 1, 2025, at 4:30 p.m. Eastern time [2]. - U.S. dial-in number is 877-407-9219, and international dial-in number is 201-689-8852 [2]. - Participants are advised to call 5-10 minutes prior to the start time [2]. Group 2: Webcast Information - The conference call will also be available via webcast on the investor relations section of Asure Software's website [3]. - A replay of the webcast will be accessible after the live event [3]. Group 3: Company Overview - Asure Software provides cloud-based Human Capital Management (HCM) software solutions for organizations of all sizes [4]. - The suite of HCM solutions includes HR, payroll, time and attendance, benefits administration, payroll tax management, and talent management [4]. - The company utilizes AI technology to enhance scalability and efficiency in HR compliance services while prioritizing client interactions [4].

Industry Overview - The Zacks Internet - Delivery Services industry is facing challenges due to macroeconomic uncertainty, inflation, and high interest rates, which are affecting the near-term outlook [1] - Escalating tariff tensions are threatening to squeeze both consumers and businesses, potentially leading to reduced discretionary and enterprise spending [1] - Companies in the industry are experiencing increased costs due to aggressive hiring and heavy investments in sales and marketing [1][8] - The industry primarily includes companies offering services via Internet-based platforms, such as food delivery, online travel booking, and web hosting [3] Growth Opportunities - Industry participants like GoDaddy, QuinStreet, and Asure Software are well-positioned for growth due to their adaptation to changing consumer preferences [2] - The rise of smartphones and improved Internet access are creating significant opportunities for the industry, with 4G and emerging 5G technology enhancing user experiences [4] - The shift in consumer preferences towards online services, particularly in food ordering and travel booking, is expected to benefit industry players [5] - Technological advancements, such as smart routing algorithms and real-time GPS tracking, are improving customer experiences and operational efficiencies [6] Challenges - The industry is facing risks from tariff wars, which can indirectly impact revenue growth and margins due to reduced spending from small businesses and startups [7] - Higher upfront costs associated with expansion strategies may hurt profitability, especially in the face of competition from larger tech companies like Amazon and Alphabet [8][9] - The industry's Zacks Industry Rank is 209, placing it in the bottom 15% of nearly 250 Zacks industries, indicating dim near-term prospects [10][11] Performance Metrics - The Zacks Internet - Delivery Services industry has outperformed the S&P 500 and the broader Computer and Technology sector over the past year, rising 17.7% compared to declines of 2.2% and 7.6%, respectively [15] - The industry is currently trading at a forward 12-month price-to-sales (P/S) ratio of 1.63X, significantly lower than the S&P 500's 4.37X and the sector's 4.92X [18] Company Highlights - **GoDaddy**: Engaged in domain registration and web hosting, benefiting from strong momentum in its Applications & Commerce business and expanding global footprint [23][24] - **QuinStreet**: A provider of online direct marketing services, positioned to capitalize on the shift to online business models and increasing ad spending [28][30] - **Asure Software**: Focused on human capital management solutions, driving growth through new client additions and innovation in its offerings [33][34]

Financial Data and Key Metrics Changes - Total revenue for 2024 increased modestly to $119.8 million, with a 17% increase excluding ERTC revenues [10][23] - Recurring revenues grew by 15% year-over-year, now representing 96% of total revenues compared to 84% in 2023 [11][40] - Fourth quarter total revenues were $30.8 million, a 17% increase year-over-year, while recurring revenue rose by 14% [23] - Gross profit margin for the fourth quarter remained stable at 68%, while full-year gross margins decreased to 69% from 72% [26] Business Line Data and Key Metrics Changes - Payroll tax management product significantly contributed to revenue growth, alongside recent acquisitions [12][24] - Revenue growth was also noted in payroll, time and attendance, and benefits groups, with strong performance from the new insurance offerings [25] - The 401(k) product saw an 86% increase in new bookings compared to the previous year, with a strong contracted backlog growing 17% since the last quarter [18][40] Market Data and Key Metrics Changes - The company anticipates continued growth in the payroll tax management business, with a robust pipeline of enterprise deals [48][78] - The demand environment remains stable, with ongoing hiring trends despite economic volatility [73][76] Company Strategy and Development Direction - The company is focused on replacing one-time ERTC revenues with higher-value recurring revenues through organic growth and acquisitions [11][19] - A multiyear agreement was signed with a leading firm to resell payroll and payroll tax management solutions, enhancing market reach [20] - The introduction of innovative products like AssurePay and the AI agent Luna aims to improve client experience and operational efficiency [16][37] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about entering 2025, highlighting strong momentum and a focus on cross-selling and enhancing attach rates [39][40] - The company is preparing for potential economic headwinds but remains confident in its growth trajectory and client acquisition strategy [76][81] Other Important Information - The company is in early discussions for a credit facility between $20 million to $60 million to support customer acquisition and potential M&A activities [30][62] - Adjusted EBITDA for the fourth quarter increased to $6.2 million, with a margin of 20%, while full-year adjusted EBITDA was $22.5 million [28] Q&A Session Summary Question: Progress on enterprise payroll tax opportunities and sales team productivity - Management reported good progress in enterprise tax sales and noted that the sales team is now fully productive post-ERTC transition [44][50] Question: Importance of closing the credit facility for M&A - The credit facility is crucial for funding customer acquisitions, with most sellers requiring upfront cash payments [56][59] Question: Demand environment and client hiring trends - Management indicated that hiring continues, with a divide between salary levels affecting layoffs, but overall job availability remains strong [72][74] Question: Outlook for Q1 revenue and seasonal business components - Q1 revenue is expected to be flat compared to the previous year, with a conservative approach to professional services [85][90] Question: Details on the SurePay introduction and 401(k) momentum - SurePay is currently being tested with 500 clients, and the 401(k) product is gaining traction as the sales team becomes more specialized [100][110]