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Where is Obama as Trump 'inflicts such damage'?, asks The Atlantic
MSNBC· 2025-06-11 14:35
We bring in Mark Leovich. His latest piece asks this question, "Where is Barack Obama?" And in it, Mark, you write in part, quote, "No matter how brazen Trump becomes, the most effective communicator in the Democratic party continues to opt for minimal communication. His audacity of hope presidency has given way to the fierce lethargy of semi-retirement." Obama's conspicuous scarcity while Trump inflicts such damage isn't just a bad look. It's a dereliction of the message that he built his career on.When Ob ...
Alkami Wins "Best New Community" for Digital Network Connecting Customers like Kennebec Savings Bank
Prnewswire· 2025-06-11 14:00
The 2025 CMX Community Industry Awards recognizes Alkami's rapid success in building an engaged, customer-driven community experiencePLANO, Texas, June 11, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it has been named the winner of the Best New Community award at the 2025 CMX Community Industry Awards, recently hosted at the CMX Summit 2025 in Redwood City, Califo ...
KeyBank Named Honoree of The Civic 50 for the Twelfth Year
Prnewswire· 2025-06-11 13:07
Key is one of only a small number of companies that have consistently achieved high marks throughout the program's 13-year historyCLEVELAND, June 11, 2025 /PRNewswire/ -- For the twelfth time, KeyBank (NYSE: KEY) has been recognized by Points of Light as one of the 50 most community-minded companies in America in 2025. The recognition is based on The Civic 50 survey that is administered by True Impact and consists of quantitative and qualitative questions.The honorees are selected based on four dimensions o ...
Turtle Beach (HEAR) FY Conference Transcript
2025-06-10 16:15
Turtle Beach (HEAR) FY Conference Summary Industry and Company Overview - The conference focused on Turtle Beach, a leading company in the gaming accessory industry, particularly known for its headsets and controllers [1][2] - The discussion highlighted the upcoming gaming cycle, including new hardware launches and significant game releases that are expected to impact accessory sales positively [3][4] Key Points and Arguments Upcoming Gaming Cycle - Anticipation for the Nintendo Switch 2 and its impact on accessory sales, with historical trends indicating strong initial sales for accessories following new console launches [4][5] - Excitement surrounding the release of GTA VI in May, which is expected to drive significant engagement and accessory purchases [6][14] Accessory Categories and Growth - Turtle Beach aims to differentiate its products by collaborating with console manufacturers to create complementary accessories that enhance the gaming experience [8][11] - The company is focusing on innovative audio features and new technologies across all platforms, including PC [10][12] Engagement-Driven Sales - High engagement games, such as GTA VI and Fortnite, are identified as key drivers for accessory purchases, with the expectation that increased playtime leads to higher accessory demand [13][15] - The company has successfully launched licensed products for popular games like Minecraft, indicating a strategy to tap into high-engagement titles [16][17] Market Dynamics and Replacement Cycles - Historically, the replacement cycle for gaming accessories has been around 2-3 years, driven by gamer engagement and technological advancements [21][22] - The pandemic created a surge in demand for gaming accessories, but a full replacement cycle has not yet been realized, presenting an opportunity for future growth as new hardware and games are released [23][25] Financial Performance and M&A Strategy - The acquisition of PDP has been transformative, broadening Turtle Beach's product portfolio and contributing to a more balanced revenue split between headsets and other categories [30][31] - The company has exceeded synergy expectations from the PDP acquisition, achieving over $13 million in synergies compared to the anticipated $10-12 million [32] - Future M&A activities will be informed by the success of the PDP acquisition, with a focus on accretive deals that enhance growth [34][35] Capital Allocation and Cash Flow - Turtle Beach anticipates $50 million in EBITDA for the year, with cash flow expected to be in the mid-$30 million range, supported by low capital requirements [37][38] - The company has a strong buyback program, having repurchased nearly $30 million in stock last year and approving an additional $75 million buyback program [36][39] Long-Term Strategy - The focus for the next 3-5 years includes consistent execution, adapting to market changes, and maintaining a leadership position in the gaming accessory space [47][50] - The company aims to balance investments in core business growth, M&A opportunities, and share buybacks to enhance shareholder value [49][51] Additional Important Insights - The company is preparing for a shift in revenue seasonality due to the upcoming releases, particularly GTA VI, which may create patterns similar to console launches [44][45] - The management emphasizes agility and quick adaptation to market changes, which has been a competitive advantage for Turtle Beach [48][49] This summary encapsulates the key insights from the Turtle Beach FY Conference, highlighting the company's strategic direction, market opportunities, and financial outlook.
Provident Bank Expands Newark Presence with New Branch, Reinforces Commitment to Local Community
Globenewswire· 2025-06-10 12:00
New location marks Provident's fourth branch in Newark and continued commitment to the city ISELIN, N.J., June 10, 2025 (GLOBE Ribbon Cutting Photo St. Johns Soup Kitchen Photo Greater Life Check Presentation Left to Right: Michael J. Silva, Councilman, East Ward, City of Newark; Jacqueline Quiles, Deputy Mayor, City of Newark; Jim Kirkos, President & CEO, Meadowlands Chamber of Commerce; Susan Scimone- Bellini, SVP, Regional Sales Manager, Provident Bank; Chris Martin, Executive Chairman, Provident Bank; I ...
BEN Secures $3.5 Million Line of Credit
Globenewswire· 2025-06-10 10:00
WILMINGTON, Del., June 10, 2025 (GLOBE NEWSWIRE) -- Brand Engagement Network Inc. (BEN) (NASDAQ: BNAI), an innovator in AI-driven customer engagement solutions, today announced it has entered into a $3.5 million line of credit agreement with Corps Capital Advisors, LLC, a Texas-based investment firm. Under the terms of the agreement, BEN may draw up to $3.5 million in revolving credit until the facility’s maturity on December 5, 2025. The line of credit accrues interest at a fixed rate of 10.0% per annum an ...
Snail Games Launches Annual Steam Publisher Sale Event with Record Discounts and New Content Updates
Globenewswire· 2025-06-09 12:30
Core Insights - Snail, Inc. is hosting its annual Publisher Sale on Steam, which is a significant revenue-driving event for the company, featuring deep discounts and anticipated titles [1][2] - The sale is expected to drive daily unit sales to 1.6 times the average of non-promotional periods from the previous year, with the company aiming to exceed this figure [2] - The event serves as both a short-term revenue growth opportunity and a long-term player engagement strategy through the promotion of back catalog titles and new releases [2][11] Discounts and Promotions - The game Bellwright is seeing its highest discount of 20% since its early access launch during the Publisher Sale [3] - The ARK Franchise Bundle, which includes titles like ARK: Survival Evolved, is offered at a 20% discount, while PixARK is available at 57% off [4] - Other titles such as West Hunt and The Cecil: A Journey Beyond are also featured with significant discounts of 50% and 15% respectively [5] Upcoming Titles and Engagement Strategies - Upcoming titles like Robots at Midnight and Echoes of Elysium are highlighted for pre-order and wishlist growth, with demos available to build early audience momentum [7] - Zombie Rollerz: The Last Ship is participating in Steam Next Fest with a live demo to enhance visibility ahead of its release [8] - Survivor Mercs is offered at 38% off with a playable demo to encourage early access growth and feedback-driven development [6] Company Overview - Snail, Inc. is a leading global independent developer and publisher of interactive digital entertainment, with a diverse portfolio of premium games across various platforms [9]
Braze Analysts Slash Their Forecasts After Q1 Earnings
Benzinga· 2025-06-06 15:11
Braze, Inc. BRZE reported better-than-expected earnings for the first quarter on Thursday.The company posted quarterly earnings of 7 cents per share which beat the analyst consensus estimate of 5 cents per share. The company reported quarterly sales of $162.06 million which beat the analyst consensus estimate of $158.66 million.Braze lowered its FY2026 adjusted EPS guidance from 31 cents to 35 cents, but raised its FY2026 sales outlook from $686.00 million-$691.00 million to $702.00 million-$706.00 million. ...
Braze(BRZE) - 2026 Q1 - Earnings Call Transcript
2025-06-05 21:32
Braze (BRZE) Q1 2026 Earnings Call June 05, 2025 04:30 PM ET Company Participants Christopher Ferris - Head - IRBill Magnuson - Chairman, Co-Founder, President & CEOIsabelle Winkles - Chief Financial OfficerArjun Bhatia - Co-Group Head - Technology, Media & CommunicationsPinjalim Bora - Executive Director - Equity ResearchBrett Huff - Managing DirectorDerrick Wood - Managing DirectorNick Altmann - Director - U.S. Software Equity Research Conference Call Participants Gabriela Borges - AnalystDavid Hynes Jr. ...
Tradeweb Markets (TW) Conference Transcript
2025-06-05 16:30
Tradeweb Markets (TW) Conference June 05, 2025 11:30 AM ET Speaker0 Alright, everybody. Alright. Welcome back to the twenty twenty five Piper Sandler Global Exchange and Trading Conference. My name is Patrick Moley, senior research analyst covering the exchanges, brokers, and trading companies. Last fireside of the morning, we have Tradeweb CEO, Billy Holt. Tradeweb is a leading fixed income derivatives ETF and electronic trading platform. Company IPO ed in 2019. Billy's been CEO for a little over three yea ...