Accessibility StatementSkip Navigation DOWNERS GROVE, Ill., Oct. 21, 2025 /PRNewswire/ --Â CDS Visual, part of Dover (NYSE: DOV) and a leading provider of visual-based digital software solutions for manufacturers, today announced the launch of CDS Mentor3.0, a new version of its connected workforce platform that aims to unify the shop floor lifecycle through digital work instruction authoring, execution, quality, skills management and real-time insights. CDS Mentor 3.0 is a cloud-based, AI-powered software ...

Core Insights - Waystar Holding Corp. has been added to the S&P SmallCap 600 Index, effective September 22, 2025, highlighting its growth and market position [1][3] - The company has achieved double-digit revenue growth over the past 15 months, with net revenue retention at 115% and a 15% year-over-year increase in scaled clients [2][4] - Waystar's software platform processes over $1.8 trillion in gross claims annually and serves more than one million providers, indicating its significant market presence [2][4] Company Performance - Waystar's AI-powered software platform has contributed to robust margins and sustained growth, reinforcing its innovation strategy [2] - Recent innovations, such as Waystar AltitudeAI™, have improved denial appeals processing speed by three times and increased overturn rates by over 40% [2] - The company serves approximately 30,000 clients, including 16 of the top 20 institutions on the U.S. News Best Hospitals list, showcasing its credibility in the healthcare sector [4] Market Impact - Membership in the S&P SmallCap 600 is expected to broaden Waystar's shareholder base and enhance visibility with institutional investors [3] - The addition to this index is anticipated to improve trading liquidity for Waystar's stock, potentially attracting more investment [3]

Core Insights - Progress Software has announced significant enhancements to its AI-powered document collaboration product, ShareFile, aimed at improving efficiency for accounting professionals [2][3]. Product Enhancements - The new features of ShareFile are designed to reduce administrative burdens, allowing firms to focus on strategic advisory services [3]. - AI-powered document insights can save up to 4.25 hours per tax engagement and enable firms to extract key insights from financial documents up to 96% faster [3]. - A centralized client hub provides streamlined management of client information, files, and projects, enhancing day-to-day operations [4]. Client Interaction Improvements - The upgraded income tax return solution allows for bulk creation of multiple engagements, accelerating client onboarding processes [4]. - The new mobile app for clients enhances engagement by allowing them to view tasks, upload documents, and track service status from their devices [5]. Industry Impact - The enhancements reflect a commitment to enabling accounting firms to work smarter with AI-powered tools, ultimately improving client service and operational efficiency [4][5]. - Progress Software will showcase these innovations at the AICPA ENGAGE 2025 conference, highlighting their impact on the accounting profession [6].

Core Insights - NeuroPace, Inc. reported record quarterly revenue of $22.5 million in Q1 2025, a 24% increase from $18.1 million in Q1 2024, driven by strong demand for RNS System products [1][4][7] - The company raised its full-year 2025 revenue guidance to between $93 million and $97 million, representing a growth of 16% to 21% compared to $79.9 million in 2024 [1][13] - Management is on track to announce topline data from the NAUTILUS pivotal study in the second half of 2025 [1] Financial Performance - RNS System revenue grew 26% year-over-year in Q1 2025, or 29% when excluding revenue from implants in the NAUTILUS study in Q1 2024 [4][7] - Gross margin for Q1 2025 was 77.0%, exceeding the company's full-year guidance range of 73% to 75% [5][7] - Total operating expenses increased to $22.5 million in Q1 2025 from $20.9 million in the same period of the prior year, primarily due to increased R&D expenses [6][7] Strategic Initiatives - The company is focused on expanding into drug-resistant idiopathic generalized and pediatric focal epilepsy patient populations, along with launching differentiated software products in its AI pipeline [3] - NeuroPace is building awareness among clinicians and accelerating adoption of RNS therapy through its Project CARE initiative [3] - A strategic refocusing of the product portfolio on the core RNS System product line has been announced, with plans to wind down the distribution relationship for SEEG products starting in Q4 2025 [7] Operational Metrics - Loss from operations was $5.1 million in Q1 2025, an improvement from $7.5 million in the prior year [8] - The net loss for Q1 2025 was $6.6 million compared to $8.9 million in Q1 2024 [8] - Cash, cash equivalents, and short-term investments totaled $66.3 million as of March 31, 2025, up from $52.8 million at the end of the previous quarter [8]