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KellyOCG Earns Recognition as a John Deere “Partner-level Supplier”
Globenewswire· 2025-04-30 13:06
Core Insights - KellyOCG has been recognized as a Partner-level supplier for 2024 in the John Deere Achieving Excellence Program, which is the highest supplier rating from Deere & Company [1][3] - The recognition highlights KellyOCG's commitment to providing high-quality products and services, as well as its dedication to continuous improvement [2][4] Company Performance - KellyOCG is a supplier of Managed Service Provider (MSP) and Recruitment Process Outsourcing (RPO) solutions specifically for John Deere's operations in the U.S. and Canada [2] - The Achieving Excellence program evaluates suppliers annually based on key performance categories such as quality, delivery, process alignment, value creation, and relationship [3] Industry Context - The Achieving Excellence program was established by John Deere Supply Chain in 1991 to promote continuous improvement among suppliers [3] - KellyOCG has achieved Partner-level supplier recognition five times, indicating a consistent performance in meeting John Deere's standards [3]
ibex to Showcase AI-powered CX Solutions for Utilities at the IUCX Annual Conference 2025
Globenewswire· 2025-04-30 13:00
Helping Utilities Take Customer Satisfaction and Trust to New Heights While Reducing Operating Costs ibex to Showcase AI-powered CX Solutions for Utilities at the IUCX Annual Conference 2025 Helping utilities elevate customer satisfaction and trust while reducing operating costs PHOENIX, April 30, 2025 (GLOBE NEWSWIRE) -- ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and customer engagement technology solutions, today announced it will be participating in the IUCX ...
ibex AI Solutions Win 2025 Product of the Year Awards from CUSTOMER Magazine
GlobeNewswire News Room· 2025-04-29 13:00
WASHINGTON, April 29, 2025 (GLOBE NEWSWIRE) -- ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and AI-powered customer engagement technology solutions, today announced that ibex Wave iX Translate and ibex Wave iX AI Virtual Agent have each earned the 2025 Product of the Year Award from TMC's CUSTOMER Magazine, for helping clients improve the customer experience. About CUSTOMER Magazine TMC'sCUSTOMERmagazine, originally launched in 1982 as Telemarketing magazine, remains ...
Sanmina (SANM) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2025-04-28 22:15
Core Viewpoint - Sanmina (SANM) reported quarterly earnings of $1.41 per share, exceeding the Zacks Consensus Estimate of $1.38 per share, and showing an increase from $1.30 per share a year ago, indicating a positive earnings surprise of 2.17% [1][2] Financial Performance - The company achieved revenues of $1.98 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.75% and up from $1.83 billion year-over-year [2] - Over the last four quarters, Sanmina has exceeded consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Performance - Sanmina shares have increased approximately 8.7% since the beginning of the year, contrasting with the S&P 500's decline of -6.1% [3] - The current consensus EPS estimate for the upcoming quarter is $1.60 on revenues of $2.09 billion, and for the current fiscal year, it is $6.01 on revenues of $8.19 billion [7] Industry Outlook - The Electronics - Manufacturing Services industry, to which Sanmina belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook [8]
TriNet Group (TNET) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-04-25 14:10
Core Viewpoint - TriNet Group (TNET) reported quarterly earnings of $1.99 per share, exceeding the Zacks Consensus Estimate of $1.67 per share, but down from $2.16 per share a year ago, indicating a 19.16% earnings surprise [1] Financial Performance - The company posted revenues of $350 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 6.13%, although this is a decrease from year-ago revenues of $357 million [2] - Over the last four quarters, TriNet has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Performance - TriNet shares have declined approximately 14.5% since the beginning of the year, compared to a decline of 6.8% for the S&P 500 [3] - The current Zacks Rank for TriNet is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.05 on revenues of $286.56 million, and for the current fiscal year, it is $4.05 on revenues of $1.14 billion [7] - The estimate revisions trend for TriNet is mixed, and changes in estimates for the coming quarters and fiscal year are anticipated following the recent earnings report [6][7] Industry Context - The Outsourcing industry, to which TriNet belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]
What Makes ExlService Holdings (EXLS) a New Buy Stock
ZACKS· 2025-04-17 17:05
ExlService Holdings (EXLS) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changi ...
Are Business Services Stocks Lagging EXL Service (EXLS) This Year?
ZACKS· 2025-04-17 14:45
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has ExlService Holdings (EXLS) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.ExlService Holdings is a member of the Business Services sector. This group includes 272 individual stocks and currently holds a Zacks Sector Rank of #7. Th ...
Three-Tier Business Strategy Benefits ADP, Rising Expenses Ail
ZACKS· 2025-04-07 14:46
ADP’s (ADP) shares have gained 18.5% in a year against the 4.5% and 0.6% decline of the industry and the Zacks S&P 500 composite, respectively.The company reported impressive second-quarter fiscal 2025 results. Earnings per share of $2.4 beat the consensus estimate by 3.5% and increased 10.3% from the year-ago quarter. Total revenues of $5 billion surpassed the consensus estimate by 1.6% and grew 8.2% year over year.How is ADP Faring?ADP operates a three-tier business strategy that helps it sustain and grow ...
Concentrix: An Undervalued AI Beneficiary
Seeking Alpha· 2025-04-02 08:30
Group 1 - Concentrix is shifting its business model to become an artificial intelligence implementer rather than being affected by AI [1] - The company provided guidance to generate approximately $625 million in free cash flow [1]
RCM Technologies(RCMT) - 2024 Q4 - Earnings Call Transcript
2025-03-13 21:15
Financial Data and Key Metrics Changes - Consolidated gross profit for Q4 2024 was $21.6 million, flat compared to Q4 2023. For fiscal 2024, gross profit was $79.8 million, up from $76.7 million in fiscal 2023 [30] - Adjusted EBITDA for Q4 2024 was $6.3 million, down from $8.9 million in Q4 2023. For fiscal 2024, adjusted EBITDA was $25.9 million, compared to $26.6 million in fiscal 2023 [31] - Adjusted EPS for fiscal 2024 was $2.03, slightly down from $2.04 in fiscal 2023 [31] Business Line Data and Key Metrics Changes - In Engineering, Q4 2024 gross profit was $5.2 million, down from $6.1 million in Q4 2023. Fiscal 2024 gross profit was $22.5 million, up from $20.6 million in fiscal 2023 [35] - In IT, Life Sciences, and Data Solutions, Q4 2024 gross profit was $3.9 million, down from $4.5 million in Q4 2023. Fiscal 2024 gross profit was $14.7 million, down from $16.2 million in fiscal 2023 [36] - In Health Care, Q4 2024 gross profit was $12.5 million, up from $11.0 million in Q4 2023. Fiscal 2024 gross profit was $42.5 million, compared to $39.9 million in fiscal 2023 [37] Market Data and Key Metrics Changes - School revenue for Q4 2024 was $34.9 million, compared to $29.8 million in Q4 2023. Non-School revenue for Q4 2024 was $6.2 million, down from $6.9 million in Q4 2023 [38] - Days Sales Outstanding (DSOs) improved from 114 in Q3 2023 to 92 in Q4 2024 [39] Company Strategy and Development Direction - The company aims for smart growth, operational excellence, and delivering unparalleled service to clients as it moves into 2025 [11] - The focus on behavioral health services in schools is a key growth driver, addressing the mental health crisis among students [9] - The company is transitioning to AI and ML tools in its IT services, indicating a shift in primary markets [15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2025, citing a strong employee base and strategic positioning for success despite macroeconomic uncertainties [6] - The company aims for double-digit growth in adjusted EBITDA for each quarter in 2025, viewing any failure to meet this as a disappointing outcome [73] Other Important Information - The company faced several material expenses in Q4 2024, including a canceled industrial process equipment order and high medical costs, which negatively impacted gross profit [32][33] - A class action lawsuit settlement added approximately $450,000 in SG&A expenses [33] Q&A Session Summary Question: Was any of the extra costs realized in the tax rate? - The tax rate for Q4 was influenced by the overall effective tax rate for the year, which was 34.0%, considered high and abnormal [45][46] Question: What is the normal tax rate range? - The normal tax rate range is expected to be between 26% to 29% [48][49] Question: Can you elaborate on the specific costs in Engineering? - The $900,000 reduction in gross profit was due to a canceled order and significant rework on a project, both resulting in lower revenue [52][56] Question: Did the canceled order relate to any political factors? - No, the canceled order was due to nuances with a particular client, not political factors [62] Question: Is there any impact from DOGE or related headlines? - There is no direct impact from DOGE on the company, although general IT environment changes could occur [66][70] Question: What is the growth expectation for adjusted EBITDA? - The company aims for low double-digit growth in adjusted EBITDA every quarter in 2025 [73]