Financial Data and Key Metrics Changes - The company ended Q3 with $1.75 billion in ARR, growing 29% year over year [4] - Achieved first quarter of GAAP profitability in Q3 [4] - Q3 revenue was $416 million, also growing 29% year over year [17] - Net new ARR increased by $105 million, a 24% year-over-year increase or 23% in constant currency [17][24] - Non-GAAP gross margin was 78%, with a non-GAAP operating margin of 19%, up 9 percentage points year over year [24] Business Line Data and Key Metrics Changes - Added 219 customers with $100,000+ in ARR, a quarterly record [4] - Customers contributing $100,000+ in ARR now exceed $1 billion, growing 36% year over year [4] - Added 17 customers with $1 million+ in ARR, tying a quarterly record [4][19] - 20% of net new ACV in Q3 came from emerging products launched since last year [15][21] Market Data and Key Metrics Changes - Construction contributed the highest net new ACV mix for the ninth consecutive quarter [23] - Public sector net new ACV grew approximately 100% year over year, crossing $100 million in ending ARR [23] - 16% of net new ACV came from non-U.S. geographies, with Europe contributing its highest-ever quarterly net new ACV mix [23] Company Strategy and Development Direction - The company focuses on partnering with large, complex operations organizations to drive growth [4] - Emphasizes the importance of AI in transforming safety coaching and automating operations [10][56] - Plans to continue investing in international markets, particularly in Europe, Canada, and Mexico, which are less penetrated [12][67] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining durable growth due to a unique defensible data advantage and AI-driven innovation [16][25] - The company anticipates that Q4 will be its seasonally largest quarter, with expectations for higher initial FY27 revenue guidance [29] - Management highlighted the importance of safety and efficiency in driving customer value, particularly in the context of AI [66] Other Important Information - The company was recognized by Fortune, ranking seventh on their Fortune Future 50 list [14] - New AI-powered features were launched to enhance customer operations and safety [10][11] Q&A Session Summary Question: What is enabling the large customer momentum? - Management attributed this to investments in scale, security, and infrastructure, along with the ability to manage large data and customize products for complex organizations [27] Question: Any high-level commentary on fiscal 2027? - Management indicated that initial FY27 revenue guidance would likely be higher than current consensus due to Q3 outperformance [29] Question: What drove the increase in contribution from new products? - The increase to 20% from 8% reflects growth across multiple new products launched earlier in the year [32][34] Question: How should we think about the sustainability of enterprise traction? - Management emphasized that significant investments in R&D and go-to-market resources are driving momentum, with a focus on larger deals that may have longer sales cycles [75] Question: How is the public sector opportunity expected to sustain momentum? - Management noted that state and local governments are sharing success stories, which is driving further adoption and value realization [71]

Financial Data and Key Metrics Changes - The company ended Q3 with $1.75 billion in ARR, growing 29% year over year [3][16] - Achieved first quarter of GAAP profitability in Q3 [3][14] - Q3 revenue was $416 million, also growing 29% year over year [16][22] - Non-GAAP gross margin was 78%, with a non-GAAP operating margin of 19%, up 9 percentage points year over year [22] - Free cash flow margin was 13% in Q3, up 4 percentage points year over year [22] Business Line Data and Key Metrics Changes - Added 219 customers with $100,000+ in ARR, a quarterly record [3][14] - Customers contributing $100,000+ in ARR now exceed $1 billion, growing 36% year over year [3][17] - Added 17 customers with $1 million+ in ARR, tying a quarterly record [3][14] - 20% of net new ACV in Q3 came from emerging products launched since last year [14][19] Market Data and Key Metrics Changes - Construction contributed the highest net new ACV mix for the ninth consecutive quarter [21] - Public sector net new ACV grew approximately 100% year over year, crossing $100 million in ending ARR [21] - 16% of net new ACV came from non-U.S. geographies, with Europe contributing its highest-ever quarterly net new ACV mix [21] Company Strategy and Development Direction - The company focuses on partnering with large, complex operations organizations to drive growth [3][4] - Emphasizes the importance of AI in transforming safety coaching and automating operations [9][15] - Plans to continue investing in international markets, particularly in Europe, Canada, and Mexico, which are less penetrated [11][41] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to sustain durable growth and create long-term shareholder value [14][23] - Noted that large customer momentum is a significant driver of growth, with a focus on delivering fast, tangible ROI [14][15] - Management highlighted the ongoing digital transformation across physical operations as a key opportunity [15][23] Other Important Information - The company launched new AI-powered coaching features to enhance customer engagement and operational efficiency [9][10] - Recognized by Fortune, ranking seventh on their Fortune Future 50 list, indicating strong long-term growth potential [13] Q&A Session Summary Question: What is enabling the large customer momentum? - The company has invested in scale, security, and infrastructure to serve large customers, focusing on managing massive data and customizing products to meet their needs [25][26] Question: Any high-level commentary on fiscal 2027? - While formal guidance for FY27 is not provided, initial revenue guidance is expected to be higher than current consensus due to Q3 outperformance [27][28] Question: What drove the increase in contribution from new products? - The increase reflects growth across multiple new products launched earlier in the year, indicating strong customer trial and adoption [29][30] Question: How should we think about the sustainability of enterprise traction? - The company has invested significantly in R&D and go-to-market resources to support enterprise growth, with a focus on scalability and security [55][56]

Core Insights - GPTBots.ai participated in the AXIES 2025 Annual Conference in Sapporo, Japan, which is a significant event in Japan's higher education informatization sector, attracting around 1,700 university IT leaders and experts [1] - The company showcased its AI agent platform alongside major players like Microsoft Copilot and Salesforce, focusing on innovative applications of AI in education, such as intelligent customer service and administrative process automation [2] Company Offerings - GPTBots highlighted practical applications of its platform tailored to university needs, including intelligent customer service, knowledge retrieval, and administrative automation, which garnered interest from university representatives [3] - The platform features no-code, visual development to facilitate AI adoption, enabling quick deployment of intelligent agents for various functions, including customer service and academic research support [4] Data Security and Compliance - Emphasizing data security, GPTBots supports on-premises deployment and multi-level permission management to protect university data and user privacy during digital transformation [5] Future Directions - The conference provided GPTBots with insights into the needs and trends of Japanese universities, and the company plans to enhance collaboration with educational institutions to promote AI implementation in smart campus initiatives [6] Company Background - GPTBots.ai is an enterprise AI agent platform that enables organizations to build and manage intelligent agents for various applications, featuring robust security and flexible deployment options [7]

Summary of Versant's Inaugural Investor Day Company Overview - **Company**: Versant - **Event**: Inaugural Investor Day - **Date**: December 4, 2025 - **Key Speaker**: Marc Lazarus, CEO Core Industry Insights - **Industry**: Media and Entertainment - **Market Position**: Versant aims to be an industry-changing force in sports, news, and entertainment, with a diversified portfolio of 11 well-known brands [10][12][30] Key Financial Projections - **Fiscal 2025 Expectations**: - Revenue: $6.6 billion - EBITDA: $2.2 billion - Free Cash Flow: $1.4 billion [14] Strategic Focus Areas 1. **Diversified Portfolio**: Versant operates across four large growing markets: - Business news and personal finance - Political news and opinion - Golf and athletics participation - Sports and genre entertainment [15][30] 2. **Live Programming**: - 62% of Versant's audience comes from live programming, which is a significant driver of viewership [21][23] - Exclusive live events across sports, news, and entertainment enhance audience engagement [23][37] 3. **Digital Expansion**: - Plans to grow digital platforms like GolfNow and Fandango, and to develop new offerings [25][44] - Acquisition of Free TV Networks to reach non-pay-TV households [40][43] 4. **Audience Growth**: - Targeting both existing pay-TV subscribers and non-subscribers through various distribution channels [39][40] - Emphasis on reaching younger, digitally native audiences through partnerships and new services [56] Market Opportunities - **Business News and Personal Finance**: - Market size: $20 billion - CNBC is the leading global business media brand, with a 40% increase in retail investors since 2019 [16] - **Political News and Opinion**: - Audience growth of 35% since 2019, with MSNBC leading in ratings and digital presence [17] - **Golf Industry**: - Market size: $45 billion, with Versant capturing 40% of all golf hours watched [18] - **Sports and Entertainment**: - Market size: $200 billion, with 700 billion hours watched in the industry [19] Competitive Advantages - **Brand Strength**: Versant's brands have near-total awareness and strong loyalty among audiences [19][20] - **Exclusive Content**: The company focuses on exclusive, high-quality content that drives viewership and engagement [31][33] - **Experienced Management**: A seasoned management team with a strong vision for growth and innovation [14][15] Future Growth Strategies - **Investment in Premium Content**: Continuing to leverage brand strength to deliver exclusive content [31][32] - **Expansion Beyond Pay-TV**: Exploring new distribution channels and experiences to reach a broader audience [39][40] - **Acquisitions**: Strategic acquisitions like Free TV Networks and Indie Cinema to enhance service offerings and audience reach [26][46] Conclusion - Versant is positioned to capitalize on significant growth opportunities in the media and entertainment industry, leveraging its strong brand portfolio, exclusive content, and strategic investments to drive shareholder value and audience engagement [30][32][47]

FORT LAUDERDALE, Fla., Dec. 04, 2025 (GLOBE NEWSWIRE) -- Gravity IT Resources, a specialized provider of technology staffing solutions, announced it has joined the Workday Partner Program. As a certified Workday Staffing Partner, Gravity IT Resources can leverage its referral-based talent attraction programs to attract top certified Workday consultants and sponsor non-certified Workday professionals in obtaining the latest certifications. This will help deploy top-tier staff augmentation talent across the W ...

Financial Data and Key Metrics Changes - Revenue for Q3 2025 grew nearly 3% to almost $123 million, while pre-tax income declined by $2 million to nearly $11 million, impacted by approximately $4 million in negative tariff effects [5][22] - Year-to-date revenue increased over 8% to over $375 million, with pre-tax income rising by 15% to almost $46 million, also inclusive of about $5 million in negative tariff impact [5][6] - Gross margin was 53.7%, a decline of 40 basis points compared to last year, primarily due to tariffs, which reduced gross profit by about $4 million in the quarter [24] Business Line Data and Key Metrics Changes - Net retail sales for the quarter were $112.3 million, an increase of 2.5% [22] - Direct-to-consumer sales showed solid performance in August and September but declined by 10.8% in October due to challenging comparisons from a strong license product launch last year [23] - Commercial revenue, primarily from wholesale sales, grew 4.2% for the quarter and 15.3% year-to-date, with expectations of over 20% growth for the year [24] Market Data and Key Metrics Changes - The company added 24 net new experience locations, with 70% of those openings outside the United States, bringing the total to 651 locations across 33 countries [8][10] - The Mini Beans product line saw a 60% increase in sales during Q3, approaching 3 million units sold [16][49] Company Strategy and Development Direction - The company aims to expand its experiential retail footprint, advance digital transformation, and leverage brand equity beyond workshops while returning capital to shareholders [7][14] - The strategy includes opening new co-branded locations and expanding the Mini Beans collection to various retail environments [11][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving record revenue of over $500 million for fiscal 2025, despite ongoing tariff headwinds [3][6] - The company is focused on mitigating tariff impacts through cost management and selective price increases, with expectations of a reduced tariff rate in the coming year [35][36] Other Important Information - The company returned over $26 million to shareholders through dividends and buybacks, contributing to more than 24% EPS growth for the first three quarters of the fiscal year [6][25] - The company maintained a strong balance sheet with $27.7 million in cash and no borrowing under its revolving credit facility [26] Q&A Session Summary Question: Can you elaborate on the tariff impact and mitigation strategies for next year? - Management indicated that tariffs for the current year are expected to total less than $11 million, with ongoing efforts to mitigate costs through partnerships and selective price increases [34][35] Question: How is the diversification in pricing affecting customer demographics? - Management noted that 40% of sales are to teens and adults, allowing for greater pricing flexibility and attracting a broader customer base [40][41] Question: What trends are observed in promotional activity this quarter? - Management stated that promotional activity was managed more stringently, resulting in lower discount rates compared to previous quarters [46][47] Question: Can you provide insights on Mini Beans sales and new product introductions? - Management expressed excitement about Mini Beans, highlighting a 60% increase in sales and expansion into various retail channels [48][49] Question: How do high-profile movie tie-ins affect sales? - Management acknowledged that while movie tie-ins can drive sales, the overall performance is influenced by a broader assortment of products [56][58] Question: Will having multiple locations in large malls provide leverage in lease negotiations? - Management confirmed that increased revenue and foot traffic from multiple locations can create leverage in discussions with mall partners [60][61]

Financial Data and Key Metrics Changes - Revenue for Q3 2025 grew nearly 3% to almost $123 million, while pre-tax income declined by $2 million to nearly $11 million, impacted by approximately $4 million in negative tariff effects [5][20] - Year-to-date revenue increased over 8% to over $375 million, with pre-tax income rising by 15% to almost $46 million, also inclusive of about $5 million in negative tariff impact [5][20] - Gross margin was 53.7%, a decline of 40 basis points compared to last year, primarily due to tariffs, which reduced gross profit by about $4 million in the quarter [23][24] Business Line Data and Key Metrics Changes - Direct-to-consumer sales saw a decline of 10.8% in e-commerce demand, primarily due to challenging comparisons from a strong license product launch last year [22] - Commercial revenue, mainly from wholesale sales, grew 4.2% for the quarter and 15.3% year-to-date, with expectations of over 20% growth for the year [23][24] Market Data and Key Metrics Changes - Domestic store traffic outperformed the national benchmark, although there was a slight transaction decrease driven by a 1% decline in traffic [21] - The company opened 24 net new experience locations, with 70% of those outside the United States, bringing the total to 651 locations across 33 countries [7][8] Company Strategy and Development Direction - The company aims to expand its experiential retail footprint, advance digital transformation, and leverage brand equity beyond workshops while returning capital to shareholders [6][27] - The introduction of the Mini Beans collection has been successful, with nearly 3 million units sold and over 60% growth in Q3 alone, indicating a strategy to reach broader markets [15][46] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in reaffirming full-year guidance, expecting revenue to exceed $500 million for the first time in company history despite ongoing tariff headwinds [3][5] - The company is focused on executing strategic objectives while managing external challenges, including tariffs and inflationary pressures [27] Other Important Information - The company returned over $26 million to shareholders through dividends and buybacks, contributing to more than 24% EPS growth for the first three quarters of the fiscal year [5][24] - The company has maintained significant flexibility with about $70 million remaining under its board-approved repurchase authorization [24] Q&A Session Summary Question: What are the opportunities to reduce tariff impacts next year? - Management indicated that while tariffs will continue to impact, they are working on mitigating costs through partnerships and selective price increases [30][32] Question: How is the diversification in pricing affecting customer engagement? - Management noted that diversification allows for appealing to different customer segments, with 40% of sales coming from teens and adults, enhancing pricing flexibility [35][38] Question: What trends are seen with Mini Beans sales? - Mini Beans have shown strong sales growth, with plans to expand distribution beyond workshops, indicating a successful product line [45][46] Question: How does promotional activity compare year over year? - Management stated that promotional activity has been managed more stringently, resulting in lower discount rates while focusing on enhancing customer experience [43][44] Question: How does the company leverage its presence in malls? - Management highlighted that having multiple locations in major malls enhances foot traffic and strengthens partnerships with mall operators [57][59]

Vonage to feature its software solutions, commended by enterprises and developers, at AWS re:Invent 2025 HOLMDEL, N.J., Dec. 4, 2025 /PRNewswire/ -- Vonage, a part of Ericsson (NASDAQ: ERIC), today announced the availability of its enterprise software solutions in AWS Marketplace, including Vonage Communications APIs, Network APIs, and Contact Center. The recently unveiled integration of Amazon Nova Sonic and Vonage Voice API is also a part of the catalog. What Customers Have to Say Vonage's Christophe Van ...

Lear (NYSE:LEA) FY Conference Summary Company Overview - **Company**: Lear Corporation - **Industry**: Automotive Seating and E-Systems Key Points Financial Performance - **Fourth Quarter Guidance**: Lear expects full-year revenues of **$23 billion**, operating income of **$1.25 billion**, and free cash flow of **$500 million** [5][8] - **Current Tracking**: The quarter is tracking favorably between the midpoint and high end of the guidance range, with both business segments expected to outperform the midpoint [5][9] - **Free Cash Flow**: Anticipated stock buybacks exceeding **$300 million** for the full year, reflecting strong free cash flow performance [6][55] Business Segments Performance - **Seating Segment**: Expected operating margins of **6%** or slightly higher for Seating, with eSystems in the low **4%** range [6] - **New Business Awards**: Increased from **$1.1 billion** to **$1.3 billion** in annual sales, marking a near-record for eSystems [7] - **ComfortMax and ComfortFlex**: Achieved **31 awards** since the introduction of new products post-acquisition [7] Production Trends and Market Outlook - **2025 Production Risks**: Initial concerns regarding JLR cyber attack and Nexperia chip issues have been mitigated, leading to positive momentum [10][11] - **2026 Expectations**: S&P forecasts a **1%** decline in global production on a Lear sales-weighted basis, with North America down **2.5%**, Europe flat, and China down **1.5%** [11] - **Volume Mix Impact**: Anticipated moderation in negative mix effects due to the reversal of JLR and Novelis impacts [12] Automation and Digital Transformation - **Automation Strategy**: Five acquisitions over the last decade have enhanced Lear's automation capabilities, with a partnership with Palantir aiding digital transformation [14][15] - **Foundry Tool**: Over **14,000 users** and **250 applications** developed, contributing to **$70 million** in savings this year and projected **$65 million-$75 million** in 2026 and 2027 [16][17] - **Cycle Time Deviation Tool**: Implemented across North America and Europe, yielding **3%-5%** efficiency gains and expected annual savings of **$15 million** [18] Seating Business and Market Share - **Conquest Opportunities**: Current pipeline of **$2 billion** in new opportunities, with **$150 million** in conquest awards secured this year [26][27] - **Onshoring Initiatives**: Lear is positioned to protect and potentially extend market share through onshoring efforts [28] - **Growth with Chinese Automakers**: Significant business growth with Seres, Xiaomi, and BYD, with domestic revenue from Chinese OEMs exceeding **40%** [29][33] E-Systems Segment Challenges - **Backlog Changes**: Anticipated negative backlog of **$100 million** in 2026 due to reduced demand for electric vehicles and program cancellations [47][49] - **Wind Down Impact**: Estimated **$350 million** impact from winding down non-core products, primarily in 2026 and 2027 [51] Margin Outlook - **E-Systems Margin Expansion**: Expected **80 basis points** of net performance improvement in 2026 and 2027, driven by restructuring and automation efforts [53][54] Capital Allocation - **Investment Priorities**: Focus on capital expenditures to support competitive positioning, modest tuck-in acquisitions, and returning free cash flow to shareholders through dividends and share repurchases [55] Conclusion - Lear Corporation is positioned for growth with strong financial performance, strategic automation initiatives, and expanding market share in the seating segment, despite facing challenges in the E-Systems segment due to market dynamics. The company remains committed to enhancing operational efficiencies and capitalizing on new business opportunities.

Core Insights - Nokia has partnered with Bharti Airtel to provide third-party developers access to Airtel's network capabilities through Nokia's Network as Code platform, enabling new monetization opportunities and innovative use cases across various industries [2][3][6] Group 1: Partnership Details - The collaboration allows developers and enterprises to utilize Airtel's extensive pan-India network assets, enhancing the potential for automation and secure digital services [2][5] - Airtel's network APIs will be available on a subscription basis to a network of developers, system integrators, and enterprises, facilitating the development of advanced solutions leveraging AI, 5G, and edge computing [3][4] Group 2: Technology and Ecosystem - Network APIs are transforming the telecommunications landscape by enabling operators to virtualize network components and provide tailored data and features to developers, which is expected to unlock significant new revenue opportunities [4][6] - Nokia's Network as Code platform connects multiple API ecosystems, offering standardized access to network functions while ensuring robust multi-tier API security [6][7] Group 3: Company Backgrounds - Bharti Airtel is a leading global communications solutions provider with over 600 million customers across 15 countries, ranking among the top three mobile operators globally [9][10] - Nokia is recognized as a global leader in connectivity, leveraging innovations from Nokia Bell Labs to enhance network capabilities for the AI era [8]