Financial Data and Key Metrics Changes - Total revenue for Q3 was $129.4 million, consistent with client budget constraints and slower project ramp-ups [5][42] - Adjusted EBITDA was $1.7 million, reflecting a 1.3% adjusted EBITDA margin [42] - Year-over-year revenue gap moderated to 11% on a same-day constant currency basis, an improvement from 13% in the previous quarter [43] - Gross margin for the quarter was 35.1%, better than expected but down 190 basis points from the prior year [44] Business Line Data and Key Metrics Changes - Consulting segment revenue was $52.6 million, a decline of 2% from the prior year, with an adjusted EBITDA margin of 11% [51] - On-demand segment revenue was $47.1 million, down 24% year-over-year, with a 5% adjusted EBITDA margin [52] - Outsourced services segment revenue was $9.4 million, similar to the prior year quarter, with a 16% adjusted EBITDA margin [55] Market Data and Key Metrics Changes - Europe and Asia Pacific segments saw a sequential increase in revenue backlog, although growth slowed compared to the previous quarter [38] - The consulting segment's average bill rate increased by 13% year-over-year, while the average bill rate in Europe and Asia Pacific increased by 5% [45][46] - The federal government work represented only 1.5% of overall revenue, indicating a diversified client base [33] Company Strategy and Development Direction - The company is focusing on enhancing client offerings through a diversified services platform and flexible engagement models [10][11] - Strategic investments are being made to improve technology and infrastructure, particularly in North America [17][18] - The company aims to build scale in key markets, particularly in Southeast Asia and India, to support international client needs [8][22] Management's Comments on Operating Environment and Future Outlook - The operating environment remains sluggish due to increased uncertainty and decreased consumer confidence in the U.S. [5] - Management expressed cautious optimism about the potential for growth as project extensions improve and larger deal opportunities arise [39][57] - The near-term outlook for professional services in the U.S. is uncertain, with delays in client decision-making expected to continue [24][58] Other Important Information - A non-cash goodwill impairment charge of $42 million was recorded in Q3 due to sluggish demand in both on-demand and consulting segments [55] - The company maintains a strong balance sheet with $73 million in cash and no outstanding debt, allowing for a balanced approach to capital allocation [56] Q&A Session Summary Question: How high priority are the clients' transformational activities given the delays? - Management noted that while there are delays, there is pent-up demand in Europe leading to project advancements, whereas the U.S. market is more hesitant due to uncertainty [66][68] Question: What measures are being taken to retain consultants during challenging times? - The company is focusing on engaging consultants with prior clients and maintaining strong relationships, even with those who are not currently active [70][71] Question: How much more cost-cutting can be done before impacting the business? - Management is exploring various areas for cost reduction, including real estate and discretionary spending, while also leveraging new technology for efficiency [73][74] Question: What has been observed regarding project cancellations and delays? - Management clarified that while there are delays in project starts, cancellations are not prevalent, and extensions are actually growing [80][82] Question: What is the revenue guide for the fourth quarter and its implications? - The fourth quarter is expected to see a revenue decline of about 14% year-over-year, with variability primarily coming from North America [92][94] Question: What is the outlook for cash flow and dividends? - The company anticipates improved operating cash flow starting in fiscal 2026 and intends to maintain a balanced approach to dividends and capital allocation [96][97]

Franklin Covey Company (FC) Q2 2025 Earnings Conference Call April 02, 2025 05:00 PM ET Company Participants Conference Call Operator - OperatorDerek Hatch - Corporate ControllerPaul Walker - Chief Executive Officer at PrestonSteve - Chief Financial Officer Conference Call Participants Alex Paris - Analyst at Barrington ResearchJeff Martin - Analyst at Roth Capital MarketsDave Storms - Analyst at StoneGateNihal Chokshi - Analyst at Northland Capital Markets Conference Call Operator you for standing by. Welc ...

Group 1 - Huron Consulting (HURN) has shown strong year-to-date performance, with a return of approximately 17.8%, significantly outperforming the Business Services sector average of 2% [4] - The Zacks Consensus Estimate for HURN's full-year earnings has increased by 3.4% over the past three months, indicating improving analyst sentiment and a more positive earnings outlook [4] - Huron Consulting holds a Zacks Rank of 2 (Buy), suggesting it is positioned to outperform the market in the near term [3] Group 2 - Huron Consulting is part of the Consulting Services industry, which consists of 13 companies and currently ranks 83 in the Zacks Industry Rank, with an average loss of 9.1% year-to-date [6] - In comparison, Logility Supply Chain Solutions (LGTY), another stock in the Business Services sector, has performed even better with a year-to-date increase of 28.9% and a Zacks Rank of 2 (Buy) [5][7] - The Technology Services industry, which includes Logility, has seen an average decline of 5.3% since the beginning of the year, highlighting Huron Consulting's relative strength within its industry [7]

Twenty Academic Affiliates Have Joined Compass Lexecon in the Past Six Months Affiliates Bring Prior Experience at Government Agencies Including the FTC, FCC and SEC Deep Expertise in a Wide Range of Areas, Including Merger Policy, Healthcare, AI, Finance, Venture Capital, Technology, Network Industries and Telecommunications WASHINGTON, April 02, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE:FCN) today announced that in the past six months 20 academic affiliates have joined its Compass Lexecon subsid ...

Core Insights - HeartCore Enterprises, Inc. reported a 39% increase in revenue for 2024, reaching $30.4 million compared to $21.8 million in 2023, driven by successful Go IPO consulting services [6][7] - The company experienced a net loss of $5.2 million for the year, but adjusted EBITDA improved to $7.3 million, indicating a positive operational performance excluding one-time impairment losses [10][12] - Strategic acquisitions and global expansion are key focuses for HeartCore, with plans to enhance its software offerings and enter new markets, particularly in the APAC region [3][5] Financial Performance - Revenue increased by 39% to $30.4 million in 2024 from $21.8 million in 2023 [6][7] - Gross profit rose 121% to $17.8 million, up from $8.1 million in the previous year [8] - Operating expenses increased by 46% to $17.8 million, primarily due to a $7.2 million impairment related to the subsidiary Sigmaways [9] - The net loss for 2024 was $5.2 million, an improvement from a loss of $4.9 million in 2023 [10][15] - Adjusted EBITDA for the year totaled $7.3 million, compared to a negative $3.6 million in the previous year [10][12] Strategic Initiatives - The company aims to deepen customer relationships through strategic acquisitions and enhance its software solutions with synergistic technologies [3][4] - HeartCore plans to expand its Go IPO consulting business into South Korea, marking the first step in a broader APAC expansion strategy [5][6] - A new business development team has been established to strengthen customer success across HeartCore's CMS business [6] Market Position - HeartCore has maintained the top market share in Japan for nine consecutive years, indicating strong competitive positioning [6] - The company has regained compliance with Nasdaq's continued listing requirements, reflecting improved financial health [6] Cash Position - As of December 31, 2024, HeartCore had cash and cash equivalents of $2.1 million, an increase from $1.0 million at the end of 2023 [10][19]

Core Insights - FTI Consulting, Inc. has expanded its Board of Directors by electing Eric T. Steigerwalt and Janet H. Zelenka as independent directors, increasing the board size from nine to eleven members [1] Group 1: New Board Members - Eric T. Steigerwalt, age 63, is the President and CEO of Brighthouse Financial, a major provider of annuities and life insurance in the U.S. [2] - Janet H. Zelenka, age 66, is the former Executive Vice President, CFO, and CIO of Stericycle, a company specializing in regulated medical waste disposal, which was acquired by WM in November 2024 [2][3] Group 2: Board Member Expertise - Mr. Steigerwalt brings extensive experience in operations, finance, and corporate culture, having held multiple senior roles at MetLife prior to his current position [3] - Ms. Zelenka has significant expertise in finance, IT, cybersecurity, governance, and corporate ethics, along with her experience as Audit Committee Chair on the boards of two private companies [5][6] Group 3: Company Overview - FTI Consulting is a leading global expert firm with over 8,300 employees across 34 countries, generating $3.69 billion in revenues during fiscal year 2024 [6]

Accenture plc (NYSE:ACN) Q2 2025 Earnings Conference Call March 20, 2025 8:00 AM ET Company Participants Katie O'Conor - Managing Director, Head of IR Julie Sweet - Chair & CEO Angie Park - CFO Conference Call Participants Jason Kupferberg - Bank of America Tien-Tsin Huang - JPMorgan Bryan Keane - Deutsche Bank David Koning - Baird James Faucette - Morgan Stanley Bryan Bergin - TD Cowen Keith Bachman - BMO Capital Markets Jonathan Lee - Guggenheim Partners Darrin Peller - Wolfe Research Operator Good day, a ...

Accenture (ACN) Q2 2025 Earnings Call March 20, 2025 08:00 AM ET Company Participants Katie O'Conor - Investor Relations ExecutiveJulie Sweet - Chair and Chief Executive OfficerAngie Park - Chief Financial OfficerJames Faucette - Managing DirectorBryan Bergin - MD - Equity ResearchJonathan Lee - Managing Director, Equity ResearchDarrin Peller - Managing Director Conference Call Participants Jason Kupferberg - Senior Equity Research AnalystTien-tsin Huang - Senior AnalystBryan Keane - Managing Director, Seni ...

Core Insights - SoftServe has been recognized as NVIDIA's Partner Network 2025 Partner of the Year for service delivery in the Americas, highlighting its significant contributions to enterprise AI adoption through Generative AI solutions built with NVIDIA Blueprints [1][2][3] Group 1: Awards and Recognition - The award reflects SoftServe's impact in accelerating enterprise deployments using NVIDIA AI Enterprise and NVIDIA Omniverse, with a focus on custom NVIDIA Blueprints and the introduction of the SoftServe QA Agent as the eighth solution in its Generative AI series [2][4] - SoftServe has previously received accolades, including the 2024 Consulting Partner of the Year for EMEA and the 2023 Outstanding Impact Partner of the Year, showcasing its strong support within the NVIDIA ecosystem [3] Group 2: Company Mission and Expertise - SoftServe's CEO emphasized that the award is a testament to the company's mission to ensure customer and partner success, achieved through hard work and collaboration with NVIDIA [3] - The global NPN Program provides partners with the necessary expertise to develop and deploy energy-efficient accelerated computing solutions for demanding machine learning and AI workloads [3] Group 3: Industry Context - Businesses are increasingly seeking trusted partners with proven expertise in delivering seamless AI experiences, and SoftServe has demonstrated broad capabilities in deploying tailored applications using NVIDIA technologies [4] - The announcement of the awards took place during NVIDIA's GTC 2025 conference, where SoftServe showcased its latest solutions, including the Gen AI Retail Shopping Assistant [4]

Core Insights - Willdan Group, Inc. reported mixed results for Q4 fiscal 2024, with adjusted earnings exceeding estimates while contract revenues fell short [1][4] - Year-over-year comparisons showed declines in both top and bottom lines, primarily due to weak performance in the Energy segment [2][4] Financial Performance - Adjusted EPS for the quarter was 75 cents, surpassing the Zacks Consensus Estimate of 57 cents by 31.6%, but down from 80 cents in the same quarter last year [4] - Contract revenues totaled $144.1 million, missing the consensus mark of $152 million by 5.2% and declining 7.5% year over year [4] - Gross profit slightly increased to $55 million from $54.4 million, while adjusted EBITDA rose 1.4% to $17.7 million [5] Segment Analysis - Energy Segment: Contract revenues decreased to $120.7 million from $134.6 million year over year, with net revenues down 6.6% to $56.6 million [6] - Engineering and Consulting Segment: This segment saw an increase in contract revenues to $23.4 million from $21 million year over year [6] Fiscal Year Highlights - For fiscal 2024, total contract revenues were $565.8 million, up 0.9% from fiscal 2023, with annual gross profit rising to $202.8 million from $179.8 million [8] - Adjusted EBITDA for the year was $56.8 million, reflecting a 24.2% increase, and adjusted EPS grew 38.9% to $2.43 from $1.75 [8] Cash Position and Outlook - As of December 27, 2024, cash and cash equivalents stood at $74.2 million, significantly up from $23.4 million at the end of fiscal 2023 [10] - For fiscal 2025, the company expects net revenues between $320 million and $330 million, with adjusted EBITDA anticipated between $63 million and $67 million, and adjusted EPS projected in the range of $2.70 to $2.85 [11]