Q1 YoY Revenue Decline of 3%, Q1 YoY Net Revenue Growth of 6%Q1 YoY Net Revenue Growth excluding Advocacy of 9%, Digital Transformation Net Revenue ex. Advocacy Growth of 15%Q1 Net Loss Attributable to Stagwell Inc. Common Shareholders of $3 million; Q1 Adjusted EBITDA of $81 million; Adjusted EBITDA Margin of 14%Q1 EPS of $(0.04); Adjusted EPS of $0.12Net New Business of $130 million in Q1; LTM Net New Business of $446 millionReiterate Guidance for 2025 of Total Net Revenue Growth of ~8%; Adjusted EBITDA o ...

Total Digital Revenue(1) of $73M represented 53% of total revenue Digital-Only subscription revenue increased 20% YOY(2) Amplified Digital® Agency revenue totaled $25M, or up 9% YOY(2) DAVENPORT, Iowa, May 08, 2025 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a digital-first subscription platform providing high quality, trusted, local news, information and a major platform for advertising in 72 markets, today reported preliminary second quarter fiscal 2025 financial results(3) for the pe ...

Core Viewpoint - EPAM Systems, Inc. announces a leadership transition with Arkadiy Dobkin moving to Executive Chairman and Balazs Fejes appointed as the new CEO effective September 1, 2025 [1][2] Leadership Transition - Arkadiy Dobkin will focus on strategic initiatives and maintaining key relationships while supporting the company's mission as Executive Chairman [2][3] - Balazs Fejes, with over 20 years at EPAM, is positioned to lead the company forward, emphasizing the expansion of engineering and consulting capabilities [4][6] Company Milestones - Founded in 1993, EPAM has grown to over 61,000 professionals in more than 55 countries, leading digital transformation efforts globally [3][9] - Key milestones include the successful IPO in 2012, inclusion in the S&P 500 in 2021, and recognition as one of the Fortune 100 Fastest-Growing Companies for three consecutive years [5][9] Strategic Focus - The company is committed to advancing AI-native solutions and has positioned itself for future growth, aiming to surpass $5 billion in annual revenue [5][20] - EPAM's leadership has been recognized for its contributions to the tech industry, with Dobkin receiving multiple awards for his leadership [11][9]

Core Insights - Columbus demonstrated solid operational performance in Q1 2025, with improved earnings and a robust business strategy despite a slight revenue decline of 2% [1][2] Financial Performance - Total net revenue for Q1 2025 was DKK 434 million, down from DKK 444 million in Q1 2024, reflecting a 2% decrease [5] - EBITDA increased by 32% to DKK 46 million compared to the adjusted EBITDA in Q1 2024, resulting in an EBITDA margin of 10.7%, up from 7.9% in Q1 2024 [5] - The efficiency rate remained consistent at 62% for both Q1 2025 and Q1 2024 [5] Service Revenue Breakdown - Service revenue by business lines showed a decline in Dynamics 365 (-2%), M3 (-9%), Digital Commerce (-11%), and Other Local Business (-21%), while Data & AI saw a significant increase of 28% [3] - Total sales of services decreased by 3% year-over-year, while total sales of products increased by 29% [3] Market Unit Performance - Revenue from various market units showed declines in Sweden (-11%), Denmark (-6%), Norway (-18%), and Other (-15%), while the UK and US markets experienced growth of 17% and 50%, respectively [4] Outlook - The company maintains its full-year guidance for 2025 based on the financial performance in Q1 2025 and the current order book and pipeline forecast [7]

中叶私募：资本与创新，私募股权与风险投资 风险投资则更倾向于投资于初创企业或早期发展阶段的公司，这些公司往往拥有颠覆性的技术和创新的商业模式。风 险投资家们通过提供资金支持，帮助这些企业快速成长，同时承担较高的风险以期获得高额回报。风险投资不仅为创 新企业提供了必要的资金，还提供了宝贵的行业经验和网络资源，这对于初创企业的成长至关重要。投资策略在私募 股权和风险投资中扮演着核心角色。 私募股权基金通常会采用多元化的投资组合，以分散风险并寻求最大化回报。它们可能会投资于不同行业、不同发展 阶段的公司，以实现风险和回报的平衡。而风险投资则更注重对单个项目或公司的深入研究，以识别那些具有高增长 潜力的投资机会。风险投资家们通常会参与到被投资企业的管理决策中，以确保企业能够沿着正确的发展轨迹前进。 市场趋势对私募股权和风险投资的影响不容忽视。随着全球经济的数字化转型，科技、医疗健康和可再生能源等领域 成为了投资的热点。私募股权和风险投资基金纷纷将目光投向这些领域，以期捕捉新兴市场的增长机会。同时，随着 环境、社会和治理（ESG）投资理念的兴起，越来越多的投资决策开始考虑企业的社会责任和可持续发展能力。私募 股权与风险 ...

Financial Performance - DHI Group's 2024 revenue was $142 million, with a compound annual growth rate (CAGR) of 6% from 2020 to 2024[8] - The company's adjusted EBITDA for 2024 was $35 million, resulting in an adjusted EBITDA margin of 25%[10, 11] - DHI Group's debt stood at $32 million[12] - The company repurchased $70 million worth of shares from 2020 to Q1 2025[13] - Q1 2025 operating cash flow was $22 million[63] Business Segments - ClearanceJobs' 2024 revenue was $54 million, with a CAGR of 16% from 2020 to 2024[43, 77] - ClearanceJobs had 1900 subscription clients[44, 77] - Dice's 2024 revenue was $88 million, with a CAGR of 2% from 2020 to 2024[45, 91] - Dice had 4500 subscription clients[46, 91] Key Metrics - ClearanceJobs Q1 2025 revenue renewal rate was 92% and the revenue retention rate was 106%[81] - Dice Q1 2025 revenue renewal rate was 70% and the revenue retention rate was 92%[94] - DHI Group has approximately 90% annual recurring revenue[18, 49, 109]

Financial Data and Key Metrics Changes - OpenLane reported consolidated revenue of $460 million, a 7% increase year-over-year, marking the fourth consecutive quarter of revenue growth [28][29] - Adjusted EBITDA reached $83 million, an 11% increase compared to the previous year [29][30] - Cash flow from operations was $123 million, demonstrating strong cash generation capabilities [7][35] Business Line Data and Key Metrics Changes - In the Marketplace segment, total volumes decreased by 2%, primarily due to a 14% decline in commercial volumes, which was offset by a 15% increase in dealer volumes [30][31] - Marketplace revenue increased by 10% to $351 million, with auction fee revenue rising by 14% [31][32] - The Finance segment contributed $46 million in adjusted EBITDA, reflecting a 15% increase year-over-year, despite a 2% decline in revenues due to lower interest rates [34][35] Market Data and Key Metrics Changes - Approximately 30% of the U.S. dealer-to-dealer market is digital, indicating significant potential for market share gains as the industry shifts from physical to digital [15][15] - New lease originations increased for the eighth consecutive quarter, providing a positive tailwind for future growth [11][12] Company Strategy and Development Direction - OpenLane's growth strategy focuses on making wholesale easy by enhancing marketplace offerings, technology, and customer experience [9][10] - The company aims to capitalize on the anticipated recovery of commercial off-lease volumes starting in 2026 [11][12] - A new $250 million share repurchase authorization was approved, signaling confidence in long-term growth and shareholder value [9][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in OpenLane's ability to navigate uncertainties related to tariffs and maintain 2025 guidance [22][26] - The company is actively planning for multiple scenarios regarding potential tariff impacts, viewing them as a mix of positives and negatives [23][24] - OpenLane's asset-light model and strong cash flows position it well for continued growth and profitability [25][37] Other Important Information - The company has made significant investments in technology and marketing, which are expected to drive future growth [10][30] - OpenLane's NPS scores improved across all geographies, indicating enhanced customer satisfaction [18][73] Q&A Session Summary Question: Current dynamic with respect to tariffs and used environment - Management noted that Q1 performance was strong before any pull-ahead activity related to tariffs, with increased retail activity observed in late March [40][42] Question: Dealer volume growth attribution - Management attributed the 15% dealer volume growth to better brand awareness and strategic investments made in the U.S. market [43][44] Question: Percentage of vehicles transacted in Canada exported to the U.S. - Management estimated that 10% to 20% of vehicles sold in Canada are purchased by exporters for the U.S. market, with most vehicles not subject to tariffs [54][56] Question: AFC provisioning drop - Management explained that the strong risk management practices at AFC contributed to improved provisioning, with expectations to remain in the 1.5% to 2% range going forward [58][62] Question: Key measures to gain share in independent industry volumes - Management confirmed ongoing investments in the dealer-to-dealer business and emphasized the importance of digital transformation in gaining market share [66][71] Question: Auction fees per vehicle sold - Management highlighted a 14% increase in auction fee revenue, driven by pricing strategies and volume growth, with no significant pricing changes in the U.S. market during the quarter [77][90]

Financial Data and Key Metrics Changes - Revenue for Q2 2025 was $1,130,000,000, an increase of 4% year-over-year in pro forma constant currency, exceeding the midpoint of guidance [5][21] - Non-GAAP earnings per share (EPS) was $1.78, above the guidance range, primarily due to a lower than expected non-GAAP effective tax rate [6][24] - The twelve-month backlog increased by 3.5% year-over-year to $4,170,000,000, supported by a strong pipeline [6][29] Business Line Data and Key Metrics Changes - Revenue from managed services reached a record $747,000,000, up 3.7% from a year ago, accounting for 66% of total revenue [24] - The company reported a non-GAAP operating margin of 21.3%, improving by 10 basis points sequentially and by 290 basis points year-over-year [23] Market Data and Key Metrics Changes - North America saw a slight sequential increase and a 1.4% year-over-year increase in pro forma constant currency [22] - Europe rebounded from previous weaknesses, benefiting from new deal activities and contributions from acquisitions [22] Company Strategy and Development Direction - The company is focused on accelerating the telco industry's adoption of GenAI and enhancing cloud services, with expectations of double-digit growth in cloud-related revenue for fiscal 2025 [16][30] - Amdocs is collaborating with Microsoft for cloud migrations and has secured significant projects in various regions, including the Philippines and Japan [7][10] Management's Comments on Operating Environment and Future Outlook - Management noted rising global macroeconomic uncertainty but believes the company is well-positioned due to its unique business model [18] - The company reiterated a revenue growth outlook of 2.7% for fiscal 2025, with a tightened range of 1.7% to 3.7% [19][30] Other Important Information - The company repurchased $135,000,000 of its own shares and authorized a new share repurchase plan of $1,000,000,000 [27][28] - Free cash flow before restructuring payments was $181,000,000, with a target of $710,000,000 to $730,000,000 for fiscal 2025 [28] Q&A Session Summary Question: Focus on AI contributions to revenue growth and collaboration with NVIDIA - Management indicated that GenAI activities are closely linked to data, with ongoing progress in AI-related projects contributing to revenue growth [34][35] Question: Customer spending behavior changes - Management reported no significant changes in customer spending behavior despite rising macroeconomic concerns [45][46] Question: Fluctuations in accounts receivable and unbilled balances - Management explained that fluctuations are normal due to the nature of various projects and milestones, and they do not guide for these balances due to their unpredictability [47][49] Question: Progress on AI offerings and contracting - Management noted good progress in data-related activities supporting GenAI, with several customers making significant strides, although specific names could not be disclosed [52][54]

Financial Data and Key Metrics Changes - Identiv reported net revenue of $5.3 million for Q1 2025, slightly above guidance but down from $6.7 million in Q1 2024, primarily due to the exit of low-margin business [11][12] - GAAP gross margin was 2.5% and non-GAAP gross margin was 10.8% for Q1 2025, compared to 7.3% and 13.4% respectively in Q1 2024, with the decrease attributed to transition costs and lower revenue [12] - GAAP net loss from continuing operations was $4.8 million or $0.21 per share, an improvement from a loss of $5.4 million or $0.24 per share in Q1 2024 [13] - Cash and cash equivalents at the end of Q1 2025 were $132.7 million, with cash usage of $3.3 million during the quarter [14] Business Line Data and Key Metrics Changes - The transition of production from Singapore to Thailand is progressing well, with over 75% of volume now transitioned [50] - The company is focusing on higher-margin opportunities and has made significant progress in its new product development (NPD) pipeline, with 21 active projects [31][32] Market Data and Key Metrics Changes - Approximately 25% of Identiv's business is exposed to U.S. import tariffs due to its manufacturing footprint in Thailand and Singapore [5][16] - The company is preparing for various tariff scenarios and expects to pass along incurred tariffs to customers as surcharges [16] Company Strategy and Development Direction - Identiv is executing its Perform, Accelerate, Transform (PAT) strategic framework to strengthen its core business and expand into high-value applications [7][18] - The company aims to drive future growth through strategic partnerships and innovative product development, particularly in the IoT space [10][36] Management's Comments on Operating Environment and Future Outlook - Management noted ongoing market uncertainty and high volatility, with a cautious outlook due to shifting trade policies and a softening global GDP [5][10] - Despite challenges, the company believes its value proposition remains strong, driven by long-term trends in RFID and IoT solutions [36] Other Important Information - A new strategic partnership with Tag and Track was announced, aimed at enhancing IoT solutions for the pharmaceutical industry [9] - The company is also collaborating with Inplay to develop a new portfolio of BLE-enabled smart labels for logistics applications [9][27] Q&A Session Summary Question: Impact of tariffs on customer pipeline - Management acknowledged some customer concerns regarding indirect impacts from tariffs but noted no significant effects observed so far [40][41] Question: Status of grocery logistics deal - The grocery logistics project is tracking as planned, with initial orders expected by the end of the year and a go-live target for mid-2026 [43] Question: Transition from Singapore to Thailand and margin guidance - Over 75% of production volume has transitioned to Thailand, with expectations to complete the transition by the end of Q2 [50][52] - Margin guidance for Q4 remains uncertain pending the outcome of tariff reviews [53] Question: Order pull-ins in Q1 - Management confirmed that Q1 did not benefit from any pull-ins, maintaining normal order flow [58] Question: Quoting activity in Q2 - There is caution among customers, but no significant concerns for Q2 have been noted, with guidance reflecting potential slowdowns [61]

Investor Presentation May 2025 © 2025 ON24, Inc. | Confidential Legal Disclaimer This presentation contains "forward-looking statements" under applicable securities laws. Such statements can be identified by words such as: "outlook," "expect," "convert," "believe," "plan," "future," "may," "should," "will," and similar references to future periods. Forward-looking statements include express or implied statements regarding our expected financial and operating results, the execution of our capital return prog ...