Financial Data and Key Metrics Changes - Subscription revenue for Q1 FY 2026 was $132.9 million, exceeding the guidance range of $129 million to $132 million, with a year-over-year growth of 1.1% on a constant currency basis [14] - Total revenue for Q1 was $152.6 million, reflecting a 1% increase compared to the prior year [15] - Non-GAAP gross profit was $102.4 million, a slight decrease of 0.2% year-over-year, with a non-GAAP gross margin of 67.1% [15] - Adjusted EBITDA for Q1 was $52.2 million, representing a margin of 34.2%, compared to $50.7 million and a margin of 33.6% in the prior year [16] - Net loss for Q1 was $15.5 million, significantly improved from a net loss of $42.8 million in the same period last year [16] - Adjusted operating cash flow was $48 million, with cash at the end of Q1 totaling $230.2 million, an increase of $33 million from the previous quarter [17] Business Line Data and Key Metrics Changes - Professional services and other revenue for Q1 was $19.7 million, showing a year-over-year decline of 0.1%, indicating stabilization in that business [14] Company Strategy and Development Direction - The company is focused on returning to organic growth and enhancing client retention through improved management and long-term partnerships [6] - E2Open is set to combine with WiseTech Global, which will expand its capabilities in supply chain logistics and enhance its market position [8][10] - The strategic partnership aims to leverage both companies' strengths in software innovation and client service [9][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to grow and innovate despite a volatile business environment [7] - The acquisition by WiseTech is expected to create new opportunities and enhance the value offered to clients [8][19] - The company anticipates closing the acquisition by the end of the calendar year, with ongoing operations as independent entities until then [12] Other Important Information - The company will not provide quarterly guidance moving forward but will maintain full-year guidance [2] - The focus remains on operational efficiency and cost discipline to support growth [16] Summary of Q&A Session Questions and Answers - There was no live Q&A session conducted due to the pending acquisition, and no individual discussions with analysts or investors were held [2]

Financial Data and Key Metrics Changes - Subscription revenue for Q1 FY 2026 was $132.9 million, exceeding the guidance range of $129 million to $132 million, with a year-over-year growth of 1.1% on a constant currency basis [15] - Total revenue for Q1 FY 2026 was $152.6 million, reflecting a 1% increase compared to the prior year [16] - Non-GAAP gross profit was $102.4 million, a slight decrease of 0.2% year-over-year, with a non-GAAP gross margin of 67.1% compared to 67.8% in the previous year [16] - Adjusted EBITDA for Q1 was $52.2 million, representing a margin of 34.2%, compared to $50.7 million and a margin of 33.6% in the prior year [17] - Net loss for Q1 FY 2026 was $15.5 million, significantly improved from a net loss of $42.8 million in the same period last year [17] - Adjusted operating cash flow was $48 million, with cash at the end of Q1 totaling $230.2 million, an increase of $33 million from the previous quarter [18] Business Line Data and Key Metrics Changes - Professional services and other revenue for Q1 was $19.7 million, showing a year-over-year decline of 0.1%, indicating stabilization in that business area [15] Company Strategy and Development Direction - The company is focused on returning to organic growth and enhancing client retention through improved management and prioritizing long-term partnerships [6][9] - E2Open is set to be acquired by WiseTech Global, which is expected to enhance its capabilities in supply chain logistics and broaden its client base [9][10] - The combination with WiseTech aims to create a comprehensive suite of supply chain solutions, extending from sourcing to fulfillment [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's positioning for future growth, emphasizing the importance of customer satisfaction and operational efficiency [6][12] - The acquisition process is on schedule, with expectations for completion by the end of the calendar year [11][12] - The company anticipates continued innovation and value creation for clients post-acquisition [20] Other Important Information - The company will not provide quarterly guidance moving forward due to the pending acquisition [2] - Management highlighted the importance of their skilled workforce and existing client relationships as key assets in the acquisition [10][11] Summary of Q&A Session Questions and Answers - There was no live Q&A session conducted during this earnings call due to the pending acquisition [2]

RICHARDSON, Texas, July 02, 2025 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced the appointment of Laks Lakshmanan to the newly created position of Chief Supply Chain Officer, effective June 16, 2025. With more than 20 years of supply chain leadership experience, Lakshmanan brings deep expertise in network design, integrated planning, cost transformation, and operational excellence, having advised and led initiatives for Fortune 500 consumer and retail companies. Lakshmanan leads Foss ...

Core Insights - Rivian Automotive is navigating significant volatility and uncertainty in the automotive industry, particularly influenced by macroeconomic factors and policy changes [1] - The company has learned valuable lessons from past challenges, particularly during the launch of its R1 product amidst the COVID-19 pandemic and subsequent supply chain crises [2] Company Overview - Rivian's CEO, RJ Scaringe, highlighted the difficulties faced during the launch of the R1 product, which included establishing a supply chain and manufacturing plant under unprecedented conditions [2] - The company is preparing to launch its next product, R2, following the updates made to the R1 product, referred to as Gen 2 [2]

Core Insights - BlackBerry Limited's Radar technology has been adopted by Direct ChassisLink, Inc. (DCLI) for its fleet of 100,000 domestic 53-foot chassis, aiming to enhance intermodal logistics through improved reliability, visibility, and operational efficiency [1][2]. Company Collaboration - DCLI has a long-standing partnership with BlackBerry, having tested Radar on a subset of its fleet for over five years, leading to an exponential expansion of its use due to the solution's reliability and actionable insights [2]. Product Features - BlackBerry Radar is an intelligent asset monitoring solution that provides near real-time visibility into asset location, cargo load status, motion, mileage, and environmental conditions [3][4]. - The solution is built on a secure cloud platform, ensuring user data privacy and compliance with enterprise-grade standards [4]. Operational Benefits - Radar offers continuous near real-time location data, enabling precise asset tracking and smarter decision-making regarding equipment positioning, which improves turnaround times for DCLI [5]. - The technology aids in proactive maintenance, helping DCLI anticipate service needs and respond quickly to road service events, thereby enhancing overall fleet performance [6]. Industry Context - The deployment of Radar comes at a crucial time for the freight industry, which faces challenges such as driver shortages, rising fuel costs, and supply chain disruptions, necessitating smarter and faster delivery solutions [7]. Economic Considerations - BlackBerry is cautious about potential supply chain disruptions and changing demand in the automotive sector, which is cyclical and influenced by broader economic conditions [8]. - Recent tariff changes on automotive goods have created uncertainty for BlackBerry, although the company does not expect a direct impact on its products and services [9]. Financial Performance - BlackBerry maintains its revenue guidance at the upper end of $250-$270 million, while widening the lower end due to current uncertainties [9]. - The company has a Zacks Rank of 1 (Strong Buy), with shares gaining 31.9% over the past year, outperforming the Zacks Computer – Software industry's growth of 28.5% [10].

TAT Technologies (TATT) Q1 2025 Earnings Call May 20, 2025 08:30 AM ET Company Participants Eran Yunger - Group Director - IR & ESGIgal Zamir - CEO & PresidentEhud Ben-Yair - Chief Financial Officer Eran Yunger Firm supporting Iran Younger, TAT's internal head of investor relations. Hosting today's call is Ygal Zamir, our President and CEO and Ehud Benyere, our CFO. Before getting started, we'd like to draw your attention to the fact that certain matters discussed on this call today may contain forward look ...

Ardent Health Partners (ARDT) 2025 Conference May 20, 2025 08:00 AM ET Speaker0 Of Ardent Health Care Partners. We are, hosting Marty Bonnick, chief executive officer, and Alfred Lumsdain, chief financial officer. We also have in the room senior vice president investor relations, Dave Styblo. Welcome, guys. Thank you for joining us. Good to be here, Ben. Great. Maybe if you can kind of just open with a few words on your thoughts on the state of the world. Speaker1 Yeah. No. It's it's certainly been an inter ...

GREENWICH, Conn., May 13, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, today announced the election of five new members to its Board of Directors at its 2025 Annual Meeting of Stockholders. The five new directors join four incumbent directors who were re-elected at the same meeting. Brad Jacobs, GXO’s chairman, said, “These leaders bring deep expertise in operational excellence and strategic growth across all aspects of the supply chai ...

Broadwind (BWEN) Q1 2025 Earnings Call May 13, 2025 11:00 AM ET Speaker0 Greetings and welcome to Broadwind's First Quarter and Full Year twenty twenty five Results Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Mr. Tom Cicconi. Thank you. You may begin. Speaker1 Good morning, and welcome to the Broadwind F ...

Financial Data and Key Metrics Changes - Q1 revenue increased by 14% year over year, reaching $336.2 million, with positive cash flows of $4.6 million from operating activities and $172 million in cash at the end of the quarter [4][6][24] - Adjusted EBITDA was a loss of $10.3 million, an improvement from a loss of $23 million in the same period in 2024, with an adjusted EBITDA margin loss of 3.1% compared to 7.8% in the prior year [7][22][23] - Free cash flow was negative $1.9 million, an improvement from negative $47.3 million in Q1 2024 [24] Business Line Data and Key Metrics Changes - Net sales of wind blades, tooling, and other wind-related sales increased by 13.9% to $329 million, primarily due to higher average sales prices and a 4% increase in the number of wind blades produced [21][22] - Field service inspection and repair services sales increased by 38.4% to $7.1 million, driven by an increase in technicians deployed to revenue-generating projects [22] Market Data and Key Metrics Changes - Strong demand for manufacturing capacity in Mexico for 2025, with no change in demand profile for plants providing blades for the U.S. market [6][51] - The U.S. market demand is expected to remain flat in 2026 compared to 2025 [51] Company Strategy and Development Direction - The company is focused on leveraging investments made over the last year to achieve operational excellence and cost savings [5] - A strategic review of the business is underway to optimize the capital structure, with the appointment of two new independent directors to assist in this process [18][19] Management's Comments on Operating Environment and Future Outlook - The management acknowledged the complexities and uncertainties within the global wind market, including policy considerations and macroeconomic factors [30] - The company remains committed to its sustainability goals, aiming for carbon neutrality by 2030 and achieving a 17% reduction in CO2 emissions [28][29] Other Important Information - The company received a notification from NASDAQ regarding non-compliance with the minimum bid price requirement, with a 180-day period to regain compliance [19][20] - The reopening of the Newton, Iowa facility is expected to create approximately 400 jobs, with plans for two production lines operational this year [16] Q&A Session Summary Question: Clarification on the strategic review process - The strategic review has become a more formal process focused on restructuring the balance sheet for near-term and long-term health [35][36] Question: Initial views on the House reconciliation language - The management expressed concerns about the phase-out of certain incentives and the treatment of wind energy compared to other technologies [38][39] Question: Demand for additional lines in Iowa - Discussions are ongoing regarding the potential to add more lines based on market demand and tariff situations [42] Question: Supply chain cost reductions - The company remains on track for supply chain cost reductions, with a focus on the bill of materials [43][44] Question: Impact of 45X on manufacturing decisions - The potential phase-down of 45X could influence decisions on adding lines or opening new sites, depending on demand dynamics [47][49] Question: Demand profile for 2025 and 2026 - There is no change in the demand profile for 2025, with expectations for flat demand in 2026 [50][51] Question: EBITDA margin trends - The management expects Q2 to have higher volume but impacted by a safety stand down, with a peak in margins anticipated in Q3 [52][53]