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Vocodia Announces Commitment Letter to Acquire a Majority of Privacy Pal LLC; Tech Industry Veteran Jason Melo to Serve as CEO
Globenewswire· 2026-01-07 13:00
BOCA RATON, Fla., Jan. 07, 2026 (GLOBE NEWSWIRE) -- Vocodia Holdings Corp (OTC: VHAI) (“Vocodia” or the “Company”), a pioneer in AI-driven customer engagement solutions, today announced it has entered into a commitment letter to acquire 51% of Privacy Pal LLC., the developer of AI privacy solution PrivacyPal. PrivacyPal AI runs in your web browser and protects your sensitive data when using ChatGPT, Claude, and any AI tool. No complex setup. No learning curve. Just install and stay private. The strategic tr ...
Braze(BRZE) - 2026 Q3 - Earnings Call Transcript
2025-12-09 22:32
Financial Data and Key Metrics Changes - The company reported revenue of $191 million for the fiscal third quarter 2026, representing a year-over-year increase of 25.5% and a sequential increase of 6% [7][23] - Non-GAAP operating margins improved by over 400 basis points year-over-year, with non-GAAP operating income of $5 million, or 2.7% of revenue, compared to a non-GAAP operating loss of $2 million in the prior year quarter [7][28] - Free cash flow for the quarter was $18 million, a significant improvement from a negative free cash flow of $14 million in the prior year quarter [7][29] - The total remaining performance obligation (RPO) was $891 million, up 24% year-over-year, while current RPO was $573 million, up 25% year-over-year [26] Business Line Data and Key Metrics Changes - Subscription revenue accounted for 95% of total revenue, with the remaining 5% from professional services and one-time fees [23] - The company added 106 new customers sequentially and 317 year-over-year, bringing the total customer count to 2,528, a 14% increase [8][23] - Large customers (those spending at least $500,000 annually) grew by 29% year-over-year to 303, contributing 63% to total annual recurring revenue (ARR) [24] Market Data and Key Metrics Changes - Revenue outside the U.S. contributed 45% of total revenue, consistent with previous quarters [24] - Dollar-based net retention was 108% overall and 110% for large customers, indicating strong customer retention and expansion [24] Company Strategy and Development Direction - The company aims to position itself as the global standard for omnichannel customer engagement, leveraging AI-driven solutions to enhance customer experiences [7][8] - The introduction of new AI capabilities and the Braze AI Decisioning Studio is expected to drive future growth and customer engagement [19][31] - The company is focused on innovation and product development, particularly in AI, to maintain competitive advantage in the customer engagement landscape [14][20] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about continued market demand and strong pipeline generation, indicating a positive outlook for fiscal year 2027 [7][8] - The company anticipates revenue for the fourth quarter to be in the range of $197.5–$198.5 million, representing a year-over-year growth rate of approximately 23% [30] - Management highlighted the importance of first-party data and customer engagement strategies in navigating the evolving market landscape [70][74] Other Important Information - The company achieved a record of 102.5 billion messages delivered during Cyber Week, showcasing the platform's scalability and reliability [10][12] - The integration of Braze with ChatGPT apps is expected to enhance customer engagement and provide new monetization opportunities [20][70] Q&A Session Summary Question: Insights on the Braze healthcare customer using the AI agent - Management highlighted the agility of deploying AI solutions within the Braze Canvas, allowing for enhanced customer interactions and support [35][39] Question: Drivers of improving trends in key metrics - Management attributed improvements to ongoing productivity enhancements, mitigation of downsell activity, and effective sales strategies [40][42] Question: Factors driving momentum in legacy replacement cycles - Management noted that the competitive landscape is shifting, with increased awareness and differentiation for Braze, leading to more enterprise replacements [45][47] Question: Impact of AI on growth strategy - Management discussed the monetization of AI, emphasizing the potential for real-time AI functionalities to enhance customer engagement and operational efficiency [54][56] Question: Customer interest in ChatGPT integration - Management explained that the evolution of app ecosystems will determine the role of Braze in enhancing customer engagement through first-party data [68][70]
Braze(BRZE) - 2026 Q3 - Earnings Call Transcript
2025-12-09 22:32
Financial Data and Key Metrics Changes - The company reported revenue of $191 million for the fiscal third quarter 2026, representing a year-over-year increase of 25.5% and a sequential increase of 6% [7][23] - Non-GAAP operating margins improved by over 400 basis points year-over-year, with non-GAAP operating income of $5 million, or 2.7% of revenue, compared to a non-GAAP operating loss of $2 million in the prior year quarter [7][28] - Free cash flow for the quarter was $18 million, compared to a negative free cash flow of $14 million in the prior year quarter [29] Business Line Data and Key Metrics Changes - Subscription revenue accounted for 95% of total revenue, with the remaining 5% from professional services and onboarding fees [23] - The Braze AI Decisioning Studio contributed $4.8 million in revenue, indicating a growing impact of AI-driven solutions on overall revenue [23] Market Data and Key Metrics Changes - The total customer count increased by 14% year-over-year to 2,528, with 317 new customers added compared to the same period last year [23][24] - Revenue outside the U.S. contributed 45% of total revenue, consistent with previous quarters [24] Company Strategy and Development Direction - The company aims to position itself as the global standard for omnichannel customer engagement, leveraging AI technology to enhance customer experiences [7][9] - There is a focus on expanding into new customer verticals and enhancing product offerings through AI capabilities [4][9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding continued market demand and strong pipeline generation, indicating a positive outlook for fiscal year 2027 [7][8] - The company anticipates a revenue range of $197.5-$198.5 million for the fourth quarter, reflecting a year-over-year growth rate of approximately 23% [30] Other Important Information - The company achieved its strongest quarter of customer additions in three years, with significant growth in large customers spending over $500,000 annually [8][24] - The company reported a total remaining performance obligation of $891 million, up 24% year-over-year, indicating strong future revenue visibility [26] Q&A Session Summary Question: Insights on the Braze healthcare customer using Braze Agent Console - Management highlighted the agility of deploying AI agents within the Canvas environment, allowing for enhanced customer interactions and real-time processing [35][37] Question: Drivers of improving trends in key metrics - Management attributed improvements to ongoing productivity enhancements within the sales organization and effective mitigation of downsell and churn [40][42] Question: Factors driving momentum in legacy replacement cycle - Management noted strong competitive positioning and regional investments as key drivers of momentum in customer acquisition [78] Question: Impact of AI on growth algorithm - Management discussed the monetization of AI, indicating potential upside as AI capabilities are integrated into the platform [54][56] Question: Customer interest in ChatGPT integration - Management emphasized the importance of first-party data and customer engagement strategies in the evolving app ecosystem, highlighting the potential for new channels [68][70]
Braze(BRZE) - 2026 Q3 - Earnings Call Transcript
2025-12-09 22:30
Financial Data and Key Metrics Changes - The company reported revenue of $191 million for the fiscal third quarter 2026, representing a year-over-year increase of 25.5% and a 6% increase from the prior quarter [6][22] - Non-GAAP operating margins improved by over 400 basis points year-over-year, with non-GAAP operating income of $5 million, or 2.7% of revenue, compared to a non-GAAP operating loss of $2 million in the prior year quarter [6][26] - Free cash flow for the quarter was $18 million, a significant improvement from a negative free cash flow of $14 million in the prior year quarter [6][27] Business Line Data and Key Metrics Changes - Subscription revenue accounted for 95% of total revenue, with the remaining 5% from professional services and onboarding fees [22] - The company added 106 new customers sequentially and 317 year-over-year, bringing the total customer count to 2,528, a 14% increase [6][22] - Large customers, defined as those spending at least $500,000 annually, grew by 29% year-over-year to 303, contributing 63% to total ARR [23] Market Data and Key Metrics Changes - Revenue outside the U.S. contributed 45% of total revenue, consistent with previous quarters [23] - The company achieved a dollar-based net retention rate of 108% across all customers and 110% for large customers [23][24] - The total remaining performance obligation was $891 million, up 24% year-over-year, indicating strong future revenue visibility [24] Company Strategy and Development Direction - The company aims to position itself as the global standard for omnichannel customer engagement, leveraging AI-driven solutions to enhance customer experiences [6][10] - The introduction of new AI capabilities, such as the Braze AI Decisioning Studio, is expected to drive future growth and customer engagement [19][22] - The company is focused on innovation and product development, particularly in AI, to maintain a competitive edge in the customer engagement landscape [10][14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about continued market demand and strong bookings across various verticals and geographies [6] - The company anticipates a revenue range of $197.5-$198.5 million for the fourth quarter, reflecting a year-over-year growth rate of approximately 23% [28] - Management highlighted the importance of first-party data and customer engagement strategies in navigating the evolving market landscape [57] Other Important Information - The company delivered 102.5 billion messages during Cyber Week, showcasing the scalability and reliability of its platform [10] - The integration of AI into customer engagement strategies is seen as a key driver for future growth and operational efficiency [11][12] - The company is committed to maintaining a long-term profitability framework, targeting a non-GAAP operating income margin of 8% for fiscal year 2027 [29] Q&A Session Summary Question: Insights on the Braze healthcare customer using Braze Agent Console - Management highlighted the agility of deploying purpose-built agent frameworks into existing systems, enhancing customer interactions through AI [31][32] Question: Drivers of improving trends in key metrics - Management attributed improvements to ongoing productivity enhancements, effective mitigation of downsell activity, and strong sales organization performance [36] Question: Factors driving momentum in legacy replacement cycle - Management noted that the current market environment is conducive to enterprise replacement cycles, with increased awareness and differentiation for Braze [37][39] Question: Early reception of AI Decisioning Studio - Management reported strong pipeline generation and customer wins, indicating positive early traction for the AI Decisioning Studio [64]
Zoom partners with Oracle to help enterprises scale customer engagement
Globenewswire· 2025-10-13 14:06
Core Insights - Zoom Communications, Inc. has announced a strategic go-to-market partnership with Oracle to enhance customer experience through faster resolutions and intelligent self-service [1][2] - The partnership allows Zoom CX to operate on Oracle Cloud Infrastructure, expanding its reach to more organizations [2] - Oracle has adopted Zoom Contact Center for its global customer service operations, integrating it with Oracle Service workflows [2][3] Partnership Benefits - The collaboration aims to unify customer interactions, employee workflows, and data into a single intelligent system, resulting in faster resolutions and stronger relationships [3][6] - Customers will benefit from a unified customer engagement platform that integrates various communication channels such as voice, chat, email, and social media [6] - The integration provides a 360-degree view of customers, streamlining interactions and enhancing informed decision-making [6] Employee Productivity - The partnership is designed to eliminate manual data entry and communication silos, allowing employees to focus more on relationship-building rather than administrative tasks [6] - The solutions are particularly beneficial for industries such as healthcare, financial services, retail, and hospitality, leveraging Oracle's existing industry-specific solutions [6] Global Trust and Security - The integration ensures consistent, high-quality interactions across different geographies and industries, supported by enterprise-grade security and compliance [6]
Vocodia Holdings Inc. Announces Immediate Strategic Measures and Leadership Changes to Strengthen Corporate Integrity and Derive Shareholder Value
Globenewswire· 2025-10-07 13:00
Core Insights - Vocodia Holdings Corp has announced strategic measures to strengthen its financial structure and governance while enhancing growth and protecting stakeholder interests [1] - The company has temporarily paused conversions of VHAI Series B and C warrants to evaluate their mechanics and align future conversions with growth objectives [2] - A comprehensive review of authorized shares is underway to eliminate excess and ensure agility for future expansions [3] - Paul Taylor has acquired approximately 28.8% of the company and has been appointed as Chairman and Interim COO, indicating a significant shift in leadership [5][6] Strategic Measures - The pause on warrant conversions is a planned step to prevent premature dilution and ensure alignment with the company's growth trajectory [2] - The review of authorized shares aims to assess current authorizations against projected needs and best practices, focusing on maintaining a flexible equity framework [3] Leadership Changes - Paul Taylor's acquisition of 1,151,240,000 shares represents a strong insider investment, reinforcing investor confidence and aligning leadership incentives [5][6] - Taylor's role is focused on driving operational change and negotiating acquisitions to enhance the company's market position [6]
Vocodia Holdings Corp Bolsters Leadership Recruiting Activist Investor Paul Taylor as Chairman and Interim COO, Announces Aggressive Strategic Pivot
Globenewswire· 2025-10-01 12:54
Core Insights - Vocodia Holdings Corp has appointed Paul Taylor as Chairman of the Board and interim Chief Operating Officer, marking a significant leadership change aimed at transforming the company’s strategic direction [1][2][6] - The company is pivoting its Digital Intelligence Sales Agent (DISA) platform to focus on collaborative business, aligning with market trends that predict the AI-driven customer service market will grow to $47 billion by 2030 [1][4][10] Leadership and Strategic Direction - Paul Taylor brings over 30 years of experience in public company turnarounds and operational efficiencies, which will guide Vocodia's transition from a standalone SaaS provider to a high-margin enabler [2][7] - Taylor's leadership will focus on operational restructuring and strategic partnerships to enhance Vocodia's market positioning and drive sustainable revenue growth [9][10] Product and Market Positioning - The DISA platform will be redefined as the foundational "AI plumbing" for collaborative networks, handling both menial and critical customer engagement functions [3][4] - Vocodia aims to capture significant market share in sectors evolving towards AI-powered agent assistance and dynamic call routing, with industry analysts projecting 3-5x valuation multiples from these network-driven models [4][10] Financial Strategy and Operational Restructuring - The company has implemented immediate austerity measures to streamline operations and prioritize AI developments and partnership integrations, demonstrating a commitment to financial stability [5][9] - Vocodia's disciplined approach aims to enhance operational efficiency while pursuing high-growth opportunities within the AI ecosystem [5][9]
BEN Secures $3.5 Million Line of Credit
Globenewswire· 2025-06-10 10:00
Core Viewpoint - Brand Engagement Network Inc. (BEN) has secured a $3.5 million line of credit to enhance liquidity and support its growth strategy [1][2][3] Financial Agreement - The line of credit allows BEN to draw up to $3.5 million until December 5, 2025, with a fixed interest rate of 10.0% per annum [2] - No amounts have been drawn under the facility as of the announcement date [2] Strategic Implications - The CFO and COO of BEN, Walid Khiari, emphasized that this credit facility will strengthen liquidity and aid in scaling operations and executing long-term growth strategies [3] - The agreement includes standard terms and conditions, including events of default related to nonpayment and insolvency [3] Company Overview - Brand Engagement Network Inc. specializes in AI-driven customer engagement solutions, utilizing proprietary technologies like Engagement Language Model (ELM™) and Retrieval-Augmented Generation (RAG) architecture [4] - The company serves various industries, including life sciences, automotive, and retail, and is committed to compliance with regulations such as GDPR and HIPAA [4] - BEN holds 21 patents and has 28 pending, showcasing its dedication to advancing AI-driven consumer engagement [4]
BEN Reports First Quarter 2025 Results and Business Highlights
Globenewswire· 2025-06-10 01:54
Core Viewpoint - Brand Engagement Network Inc. (BEN) reported a strong start to 2025 with the launch of its iSKYE platform and strategic partnerships, highlighting the increasing demand for secure and scalable AI solutions [2][3]. Group 1: Business Highlights - The iSKYE platform was officially launched, providing businesses with a customizable and scalable AI solution that integrates seamlessly with existing processes, featuring customizable 3D avatars and enterprise-grade security [7]. - BEN formed a global AI insurance partnership with Swiss Life Global Solutions to enhance digital health and financial wellbeing services, aiming to streamline insurance sales and improve member services [7]. - The company expanded its partnership with Vybroo and Grupo Siete to deploy AI-powered brand ambassadors across Latin America and Southern Europe, unlocking new revenue opportunities in high-growth markets [7]. - BEN is advocating for responsible AI privacy standards, supporting proposed legislation to prevent the offshore storage of sensitive user data, reinforcing its commitment to secure AI systems [7]. Group 2: Financial Performance and Future Outlook - The company will host a conference call to discuss its financial performance and strategic outlook, led by CEO Paul Chang and CFO Walid Khiari [4].
BEN Supports California's AI Data Privacy Bill
Newsfilter· 2025-03-12 12:00
Core Insights - Brand Engagement Network Inc. (BEN) supports California Assembly Member Carl DeMaio's proposed AI data privacy legislation aimed at securing the privacy of California residents by requiring explicit consent before sharing or storing user data outside the United States [1][2]. Company Overview - BEN is an innovator in AI-driven customer engagement solutions, providing proprietary technologies such as Engagement Language Model (ELM™) and Retrieval-Augmented Generation (RAG) that comply with global privacy standards including GDPR, CCPA, HIPAA, and SOC 2 Type 1 [3][5]. - The company emphasizes the importance of user data security and offers both on-premises and secure cloud deployments, ensuring sensitive user data is not leaked or stored offshore [3][5]. Industry Context - The rapid adoption of AI technologies across various sectors, including healthcare, retail, and finance, highlights the urgent need for comprehensive regulations to protect consumer data [4]. - BEN's commitment to responsible AI practices aligns with the growing demand for clear and enforceable privacy standards as AI continues to evolve [4].