Exlservice (EXLS) Update / Briefing May 06, 2025 09:00 AM ET Speaker0 Ladies and gentlemen, please welcome to the stage John Kristoff, Head of EXL Investor Relations. Speaker1 Thanks, Allison. Welcome, and good morning. We're really excited to have you guys with us here today on this rainy New York, morning. We've got a lot to cover today, so I'll try to keep my comments to, to a minimum, my opening notes here. We are live webcasting this event, and, the slides will be posted to our Investor Relations websi ...

Core Insights - IBM is collaborating with Oracle to integrate its AI portfolio, watsonx, into Oracle Cloud Infrastructure (OCI), aiming to enhance productivity and efficiency through AI-driven solutions [1][3] - The partnership focuses on deploying AI agents that simplify operations across enterprises, leveraging advancements in generative AI models and tools [2][12] Group 1: AI Integration and Offerings - IBM's watsonx Orchestrate will be available on OCI in July, enabling customers to manage multi-agent workflows across various applications and data sources [3][4] - The integration of IBM Granite AI models into OCI Data Science is planned, providing customers with efficient and compact AI models [5] - IBM's watsonx.ai is certified to run on OCI, allowing organizations to develop and manage AI applications effectively [7] Group 2: Consulting and Support Services - IBM is expanding its consulting services to assist customers in implementing AI agents across platforms, enhancing end-to-end business processes [8][9] - New services will facilitate the migration of workloads to OCI, modernizing infrastructure for both legacy and AI applications [10] - IBM's extensive experience in business transformation and its strategic partnership with Oracle will support the deployment of these new services [11] Group 3: Market Impact and Strategic Advantage - The collaboration between IBM and Oracle is positioned as a leading example of how orchestrating AI agents can optimize operations and improve customer experiences [12] - The partnership aims to unlock growth and innovation by streamlining workflows and enhancing productivity across organizations [12]

Vimeo (VMEO) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Company Participants Philip Moyer - CEOGillian Munson - CFOYoussef Squali - MD & Head of Internet and Digital Media Research GroupBill Kerr - Vice President - Equity Research Conference Call Participants Thomas Champion - Director & Senior Research Analyst Operator Hello, and thank you for joining Vimeo's Q1 twenty twenty five earnings live Q and A. Before we begin, a few comments. First, this session will be recorded and available on the Vimeo Inv ...

Summary of ServiceNow (NOW) 2025 Investor Day Company Overview - **Company**: ServiceNow (NOW) - **Event**: 2025 Investor Day - **Date**: May 5, 2025 - **Location**: Las Vegas Core Industry Insights - **Industry**: Enterprise Software - **Focus**: ServiceNow aims to be the defining enterprise software company of the 21st century, referred to as "Desco 21C" [6][33] Key Points and Arguments 1. **Company Growth and Positioning**: - ServiceNow is entering a period of strength, with significant scaling and a strong brand presence [5][11] - The company has a no layoff pledge, which has helped maintain talent during macroeconomic disruptions [12] 2. **Financial Performance**: - ServiceNow has consistently focused on profitability and leverage, unlike many competitors who had to adapt post-pandemic [12] - The company has a strong free cash flow margin, which is appreciated by shareholders [13] 3. **Market Position and Competitive Advantage**: - ServiceNow is recognized as the "AI operating system of the enterprise" by industry leaders [24] - The company has expanded its Total Addressable Market (TAM) significantly with innovations like RaptorDB and workflow data fabric [15][16] 4. **AI Integration and Innovation**: - ServiceNow is leveraging agentic AI to transform enterprise operations, emphasizing the importance of speed and integration [19][21] - The company has introduced new capabilities such as AI Control Tower, AI Agent Fabric, and AI Agent Studio to enhance AI agent collaboration [52][53] 5. **Customer Success Stories**: - Notable clients include AstraZeneca and Siemens, showcasing significant operational efficiencies achieved through ServiceNow's platform [49][50] - Over 85% of Fortune 500 companies utilize ServiceNow, indicating strong market penetration [48] 6. **Future Growth and Projections**: - ServiceNow aims to reach $30 billion in revenue, with several products projected to surpass $1 billion in Annual Contract Value (ACV) by 2026 [47][48] - The company is positioned to double its product offerings exceeding $1 billion in ACV by 2028 [47] Additional Important Insights - **Cultural and Operational Strength**: - ServiceNow emphasizes a culture of trust and transparency, which has been pivotal in building relationships with the financial community [4][8] - The company has a strong focus on innovation, with over 6,000 innovations delivered in the past year alone [40] - **Technological Advancements**: - RaptorDB is highlighted as the world's fastest database, significantly enhancing performance metrics for clients [29][90] - The Workflow Data Fabric allows seamless integration of data across various systems, enhancing operational efficiency [93] - **Market Trends and Challenges**: - The rise of AI presents both opportunities and challenges, with many enterprises struggling with data readiness for AI applications [88] - ServiceNow's solutions aim to address fragmentation and improve AI readiness across organizations [39][89] - **Strategic Partnerships**: - Collaborations with major tech companies like Microsoft, Google, and AWS are crucial for expanding ServiceNow's capabilities and market reach [53][109] This summary encapsulates the key insights and strategic directions discussed during the ServiceNow 2025 Investor Day, highlighting the company's growth trajectory, market positioning, and innovative approaches to enterprise software solutions.

Core Insights - Amazon's first-quarter earnings call focused on customer trust and experience rather than just financial performance [1] - The company reported a 10% year-over-year revenue increase to $155.7 billion, with paid units rising 8% [2] Financial Performance - Revenue for the current quarter is forecasted between $159 billion and $164 billion, with operating income expected to be between $13 billion and $17.5 billion, reflecting a 7% to 11% increase [2] - Excluding one-time charges, first-quarter operating margins were 7.2% in North America and 3.7% internationally [7] Consumer Behavior - Amazon noted that price sensitivity among consumers is elevated, with promotions helping customers save over $500 million [2] - Everyday Essentials grew more than twice as fast as other categories, now accounting for one-third of U.S. units sold, indicating a value-focused shopping trend [2] Supply Chain and Tariffs - Demand has not softened despite potential higher tariffs, with increased buying in certain categories suggesting preemptive stocking [3] - Amazon's risk from tariffs is lower compared to traditional retailers due to its direct sourcing model [4] Logistics and Efficiency - The company is enhancing its logistics through efficiency projects, including rearchitecting its freight network to improve fulfillment and transportation productivity [6] - Investments in same-day delivery, rural delivery networks, and automation are planned to maintain profitability [7] Artificial Intelligence - Amazon Web Services (AWS) is experiencing significant growth in generative AI services, with a multibillion-dollar annual revenue run rate [8] - The upgraded Alexa is being positioned as a more capable personal assistant, enhancing user experience [10][11] Strategic Outlook - Amazon aims to focus on price, speed, and selection while investing in technologies like AI to strengthen its market position [11] - The company has historically gained market share during uncertain periods, and executives are optimistic about repeating this trend [12]

GSI (GSIT) Q4 2025 Earnings Call May 01, 2025 04:30 PM ET Company Participants Lee-Lean Shu - Co-Founder, President, CEO & ChairmanDidier Lasserre - VP, SalesDouglas Schirle - CFOJeffrey Bernstein - Partner Conference Call Participants None - Analyst Operator Welcome to GSI Technologies Fourth Quarter and Fiscal Year twenty twenty five Results Conference Call. At this time, all participants are on a listen only mode. Later, we will conduct a question and answer session. At that time, we will provide instruc ...

Financial Data and Key Metrics Changes - Revenue for Q4 2025 increased by 14% year over year and 9% sequentially to $5,900,000 driven by strong demand for SRAM chips [4] - Annual revenue for fiscal year 2025 declined by 6% compared to the prior year, with net loss reduced by 47% from $20,100,000 in 2024 to $10,600,000 [5][24] - Gross margin for Q4 2025 was 56.1%, up from 51.6% in Q4 2024, primarily due to higher revenue and product mix [19] - Total operating expenses in Q4 2025 were $5,600,000, down from $7,200,000 in Q4 2024 [20] Business Line Data and Key Metrics Changes - The primary revenue driver in Q4 2025 was the strong demand for high-density SRAM, particularly from a leading GPU provider [10] - Sales to KYEC were $1,700,000 or 29.5% of net revenues in Q4 2025, compared to $544,000 or 10.6% in the same period a year ago [17] - Military defense sales accounted for 30.7% of Q4 shipments, down from 35.5% in the comparable period a year ago [18] Market Data and Key Metrics Changes - The company anticipates continued demand for its products in fiscal year 2026, particularly from the North American prime contractor for radiation-hardened SRAM [11] - The market for the PLATO chip is focused on large language models (LLM) and generative AI at the edge, while the Gemini II chip targets high-performance computing applications at the edge [30] Company Strategy and Development Direction - The company plans to build on the progress of APU development and continue growth in sales while maintaining operational efficiency [8] - There is a focus on securing funding to support the next phase of development, particularly for the AI strategy [9] - The integration of a camera interface into the PLATO chip enhances its marketability for AI applications requiring object recognition [7] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the demand for radiation-hardened SRAM and the potential for follow-on orders in fiscal year 2026 [11] - The company is exploring strategic alternatives to secure funding and is committed to maintaining operational efficiency [8][9] Other Important Information - The company reported cash and cash equivalents of $13,400,000 as of March 31, 2025, down from $14,400,000 a year earlier [24] - The company achieved a gain on the sale of assets of $5,800,000 from the sale of its headquarters building in a sale and leaseback transaction [22] Q&A Session Summary Question: Can you talk about the market for the PLATO chip and the GEMINI two chip? - The company has not released total addressable market (TAM) numbers yet, but Gemini II is positioned for edge applications, while PLATO targets the LLM market at the edge [28][30] Question: Is the company experiencing interest in the Gemini two chip from commercial companies? - Most early interest has come from military defense applications, but there is also interest in chip-level procurement for drones and satellites [36][38] Question: Can you share more detail on what Needham is bringing to the table? - The specifics are not available at this time, but options could include asset sales or funding opportunities [40][42] Question: What was cash flow from operations in the quarter and what was CapEx? - Cash used in operating activities for the year was about $12,900,000, with minimal CapEx of approximately $45,000 [49][50]

Financial Data and Key Metrics Changes - Gross merchandise volume (GMV) grew nearly 2% to approximately $18.8 billion, marking the fourth consecutive quarter of positive GMV growth [7][34] - Revenue increased over 1% to $2.58 billion, with non-GAAP earnings per share growing by 10% to $1.38 [8][34] - Non-GAAP operating income was reported at $771 million, with a non-GAAP operating margin of 29.8% [34][40] - Free cash flow generated in Q1 was $644 million, with cash and non-equity investments totaling $6.2 billion at the end of the quarter [42] Business Line Data and Key Metrics Changes - Focus category GMV grew over 6% in Q1, with collectibles being the largest contributor to growth, particularly in trading cards [11][35] - The fashion category generated over $10 billion of GMV annually, with significant improvements in customer experience and AI-powered shopping features [13][15] - First-party advertising revenue grew 14%, with total advertising revenue reaching $442 million, representing GMV penetration of nearly 2.4% [23][39] Market Data and Key Metrics Changes - U.S. GMV grew nearly 0.5% in Q1, driven by focus categories, particularly trading cards [36] - International GMV grew nearly 3% on an FX neutral basis, although the macro environment in international markets, especially Germany and the UK, was weaker than in the U.S. [37][38] - Trailing twelve-month active buyers grew over 1% to 134 million, with spending per enthusiast buyer remaining over $3,100 [38] Company Strategy and Development Direction - The company is focused on leveraging its extensive selection of pre-loved and refurbished goods to mitigate consumer pressure during rising costs [10][11] - Strategic partnerships, such as with Collectors and PSA, are enhancing the marketplace's value proposition, particularly in trading cards [12] - The company is evolving its leadership structure to enhance innovation and cross-functional collaboration, with a focus on AI integration [30][31] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the uncertainty created by tariffs and trade policy changes but expressed confidence in the company's ability to navigate these challenges [9][43] - The outlook for Q2 includes GMV expectations between $18.6 billion and $19.1 billion, with revenue forecasts between $2.59 billion and $2.66 billion [44][45] - For 2025, the company anticipates low single-digit GMV growth on an FX neutral basis, driven by focus categories and geo-specific investments [48] Other Important Information - The company returned approximately $760 million to shareholders through repurchases and cash dividends in Q1 [8][34] - Changes in leadership were announced, with Steve Priest stepping down as CFO and Peggy Alford set to take over [28][29] Q&A Session Summary Question: Demand elasticity in the current commerce landscape - Management noted that eBay is in a strong position to leverage its global seller base and adapt to changes in trade policies, with a focus on used goods during consumer pressure [55] Question: Impact of China tariffs on eBay's business - Management indicated that the Greater China to U.S. corridor accounts for about 5% of total GMV, with tools like Speedpack helping to manage tariff complexities [61][62] Question: Advertising revenue durability amid macro changes - Management reported strong demand for advertising, with no material impact from tariffs observed to date [68] Question: Resilience of eBay during potential consumer pullback - Management expressed confidence in eBay's resilience due to its inventory mix, which includes a significant portion of used and refurbished goods [85][86] Question: Competitive landscape changes due to macro shifts - Management is leveraging its competitive advantage in pre-owned goods and is actively marketing to attract new sellers, which is expected to enhance overall marketplace activity [92][95]

Financial Data and Key Metrics Changes - Gross merchandise volume (GMV) grew nearly 2% to approximately $18.8 billion, marking the fourth consecutive quarter of positive GMV growth [6][33] - Revenue increased over 1% to $2.58 billion, with non-GAAP earnings per share growing by 10% to $1.38 [6][33] - Non-GAAP operating income was reported at $771 million, and approximately $760 million was returned to shareholders through repurchases and cash dividends [6][33] Business Line Data and Key Metrics Changes - Focus category GMV grew over 6% in Q1, with collectibles being the largest contributor to growth, particularly in trading cards [9][10] - The fashion category generated over $10 billion of GMV annually, with significant improvements in customer experience and AI-powered shopping features [11][12] - Advertising revenue grew 14% in Q1, with first-party ads contributing significantly to this growth [22][39] Market Data and Key Metrics Changes - U.S. GMV grew nearly 5% in Q1, driven by focus categories, especially trading cards [34] - International GMV grew nearly 3% on an FX neutral basis, with macroeconomic conditions in international markets being weaker than in the U.S. [36] - Trailing twelve-month active buyers grew over 1% to 134 million, with spending per enthusiast buyer remaining over $3,100 [37] Company Strategy and Development Direction - The company is focused on navigating trade policy changes and supporting sellers and buyers through its Speedpack shipping program [7][8] - Strategic partnerships, such as with Collectors and PSA, are enhancing the marketplace's value proposition [10] - The leadership structure is evolving to enhance innovation and collaboration, with a focus on AI integration across various functions [29][30] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the uncertainty in the macro environment but expressed confidence in the company's resilience due to its diverse inventory and seller base [54][100] - The company expects GMV for Q2 to be between $18.6 billion and $19.1 billion, reflecting FX neutral growth between negative 1% and positive 2% year over year [44] - For 2025, the company anticipates low single-digit GMV growth on an FX neutral basis, driven by focus categories and geo-specific investments [47][48] Other Important Information - The company announced leadership changes, with Peggy Alford set to become the new CFO [26][28] - The company is targeting share repurchases of at least $2 billion in 2025 while maintaining flexibility for opportunistic investments [49] Q&A Session Summary Question: How to think about demand elasticity in a rising pricing environment? - Management noted that eBay's vast seller base can leverage shipping solutions to adapt to trade policy changes, and the marketplace tends to be resilient during periods of consumer pressure [54][55] Question: Impact of China tariffs on eBay's business? - Management indicated that approximately 5% of total GMV comes from the Greater China to U.S. corridor, and the company has tools to help sellers navigate tariff complexities [60][61] Question: Durability of advertising revenue amid macro changes? - Management reported strong demand for advertising, with no material impact from tariffs observed to date [67] Question: How does eBay view the concept of agentic commerce? - Management expressed confidence in the progress made with AI tools and their integration into the customer experience, enhancing efficiency and engagement [74][75] Question: Health of consumer and leading indicators? - Management characterized U.S. demand as resilient, while noting concerns in international markets, particularly in Germany and the UK [100][101]

Launch to Drive Enterprise Customer Acquisition, Product Adoption and Revenue GrowthVANCOUVER, British Columbia, April 30, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”) a cognitive computing company specializing in next-generation intelligent software systems is pleased to announce that the Company has officially launched its flagship product Genius enabling Agentic Intelligence for Enterprise. The Company will offer Genius as a paid service with consumption- ...