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Should Value Investors Buy TaskUs (TASK) Stock?
ZACKS· 2025-04-30 14:45
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental a ...
Stingray to Release its Financial Results for the Fourth Quarter of Fiscal 2025
Globenewswire· 2025-04-30 11:00
Core Insights - Stingray Group Inc. will release its financial results for the fourth quarter ended March 31, 2025, on June 10, 2025, after market close [1] - A conference call to discuss these results is scheduled for June 11, 2025, at 10:00 a.m. Eastern Time [1] Company Overview - Stingray is a global music, media, and technology company, recognized as an industry leader in TV broadcasting, streaming, radio, business services, and advertising [3] - The company offers a wide range of services including audio and video channels, over 100 radio stations, subscription video-on-demand content, FAST channels, karaoke products, and music apps [3] - Stingray Business provides commercial solutions in music, in-store advertising, digital signage, and AI-driven consumer insights [3] - Stingray Advertising is the largest retail audio advertising network in North America, reaching over 30,000 major retail locations [3] - The company employs nearly 1,000 people globally and serves 540 million consumers across 160 countries [3]
Sprinklr (CXM): Strong Industry, Solid Earnings Estimate Revisions
ZACKS· 2025-04-10 13:51
One stock that might be an intriguing choice for investors right now is Sprinklr, Inc.(CXM) . This is because this security in the Technology Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Business S ...
Concentrix(CNXC) - 2025 Q1 - Earnings Call Transcript
2025-03-26 22:55
Financial Data and Key Metrics Changes - In Q1 2025, the company reported revenue of approximately $2.37 billion, growing 1.3% year over year on a constant currency basis, exceeding expectations [21][30] - Non-GAAP operating income was $322 million, with a non-GAAP operating income margin of 13.6%, an increase of 30 basis points from Q1 last year [24] - Non-GAAP net income was $188 million, reflecting a nearly 9% increase year over year, with non-GAAP diluted EPS at $2.79 [25][26] - Adjusted free cash flow was a use of $40 million, an improvement of $41 million from last year, with expectations of strong sequential growth starting in Q2 [27] Business Line Data and Key Metrics Changes - Revenue from retail, travel, and e-commerce clients grew 4% year over year, led by travel clients, while banking, financial services, and insurance grew 3% [22] - The technology vertical grew about 1%, primarily driven by consumer electronics, while healthcare and media and communications were largely flat year on year [23] Market Data and Key Metrics Changes - The company has no exposure to US government contracts at this time [23] - The demand environment in Q1 was solid, with a focus on consolidation opportunities and cross-selling offerings into existing accounts [9] Company Strategy and Development Direction - The company's long-term growth strategy focuses on integrated AI solutions and expanding the value provided to clients across a broader portfolio of business solutions [10] - The company is positioned to outperform in the AI-powered world, with significant deployments of Gen AI solutions across operations [12] - The strategy includes monetizing the IX suite to be accretive to earnings by the end of fiscal 2025 [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in ongoing revenue, margin, and cash flow growth for the remainder of the year, with a solid start to Q1 reaffirming their strategy [8][17] - The company expects to generate mid-single-digit growth long-term while maintaining a conservative approach to their full-year guidance [32] Other Important Information - The company returned approximately $48 million to shareholders in Q1, including $26 million in share repurchases and $22 million in dividends [28] - Cash and cash equivalents at the end of Q1 were $308 million, with total debt at $4.9 billion, maintaining strong liquidity [29] Q&A Session Summary Question: Commentary on consumer electronics vertical - Management noted that they are taking share from competitors in consumer electronics, with stability returning to the sector [46][48] Question: AI suite usage and revenue generation - The IXLO suite is being deployed across client environments, with thousands of seats already in use, expected to generate revenue opportunities [55][57] Question: Gen AI impact on revenue growth - Management indicated that Gen AI is pervasive across solutions, contributing positively to revenue growth despite some initial negative impacts [63][76] Question: Guidance and margin expectations - The company is maintaining a conservative approach to guidance, with some ramp costs affecting margins in Q2 [81] Question: Debt positioning and refinancing plans - The company is actively engaged in discussions to refinance a €700 million seller's note due in September, aiming to maintain leverage levels [105][107] Question: Macro trends and booking momentum - Management reported strong bookings in Asia Pacific and Europe, with a focus on offshore delivery for cost savings [110][112]