Earnings Call and Webcast Q1 2025 Q1 results reflecting macroeconomic turbulence and healthcare cost volatility in stark contrast with the solid execution of our game plan for building the foundation for future growth acceleration Three initiatives expected to mitigate the recent healthcare trend effects in 2026 include recently implemented pricing plan, 2026 health plan design changes, and early contract renewal negotiations with UnitedHealthcare. Continued focus on the Insperity/Workday strategic partners ...

TriNet Group (TNET) reported $350 million in revenue for the quarter ended March 2025, representing a year-over-year decline of 2%. EPS of $1.99 for the same period compares to $2.16 a year ago.The reported revenue represents a surprise of +6.13% over the Zacks Consensus Estimate of $329.8 million. With the consensus EPS estimate being $1.67, the EPS surprise was +19.16%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...

VANCOUVER, Wash., April 23, 2025 (GLOBE NEWSWIRE) -- Barrett Business Services, Inc. (BBSI) (NASDAQ: BBSI), a leading provider of business management solutions and one of the largest professional employer organizations (PEO) in the U.S., will conduct a conference call on Wednesday, May 7, 2025, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2025. The company will report its financial results in a press release prior to the conference ...

Core Insights - CGI's Advantage® ERP solution has achieved GovRAMP Authorized status, making it the first and only ERP solution to receive this designation, ensuring compliance with rigorous security standards for government systems [1][4][5] Group 1: GovRAMP Authorization - The State of Arizona sponsored the GovRAMP authorization, supporting CGI Advantage ERP in meeting high cybersecurity standards [2] - GovRAMP certification simplifies security verification for public sector organizations, providing a robust method for validating cloud security providers [4][5] - The certification assures government clients that CGI Advantage ERP complies with security standards established by the National Institute of Standards and Technology (NIST) [5] Group 2: Cybersecurity Focus - Cybersecurity is a top priority for governments, with a focus on protecting sensitive data and systems [3] - The GovRAMP designation allows agencies to reduce complexities in managing third-party risk, facilitating faster adoption of secure cloud technologies [6] Group 3: CGI Advantage ERP Features - CGI Advantage is a unified ERP platform designed specifically for government needs, streamlining various operations such as financial management and human resources [7] - The platform is backed by over 46 years of public sector expertise and an active client community that values innovation [7] Group 4: Company Overview - CGI, founded in 1976, is one of the largest independent technology and professional services companies globally, with 91,000 professionals [8] - The company reported revenue of CA$14.68 billion for Fiscal 2024 and is listed on both the TSX and NYSE [8]

Financial Data and Key Metrics Changes - For the quarter ending December 31, 2024, the company reported net investment income of $0.8 million or $0.06 per share, down from $0.16 per share in the prior quarter [4] - The net asset value per share decreased by $0.16 to $5.39 compared to $5.55 as of September 30, 2024 [4] - The fair value of the portfolio was $191.6 million compared to $190.1 million at September 30 [17] - Net assets were $77.6 million, a decline of $2.3 million from the prior quarter [17] - The weighted average yield of the debt portfolio decreased slightly from 10.5% to 10.4% [17] Business Line Data and Key Metrics Changes - The median EBITDA of the portfolio remained flat at approximately $61.76 million, while the weighted average net leverage increased from 4.8 times to 5 times [9] - The percentage of covenant appeals increased from 70% to 77% [9] - The weighted average yield of debt investments made in the quarter was approximately 11.8% [11] Market Data and Key Metrics Changes - Approximately 30% of the portfolio may experience moderate effects from tariffs, with strategies in place to mitigate these risks [7] - The company is strategically targeting investments in critical sectors and defensive industries, including a recent investment in the data center sector [8] Company Strategy and Development Direction - The company remains focused on capital preservation and NAV stability, with a disciplined investment approach [22] - The management is adapting to economic uncertainties and believes the portfolio is well-positioned for the shifting economic environment [6][7] Management's Comments on Operating Environment and Future Outlook - Management noted that heightened market volatility has created a tightening spread environment, impacting investment yields [5] - There is optimism for a resurgence in M&A activity post-election, although risks from tariff wars and fiscal policy changes create uncertainty [5][6] - The company does not foresee significant changes in investment yields in the near term, expecting them to remain around 10.5% [34] Other Important Information - The company appointed Andrew Muns as Chief Operating Officer, enhancing the executive team [3] - The company has approximately $12.1 million in cash, with $11.3 million being restricted cash [20] - A distribution of $0.12 per share was declared for the quarter ending March 31, 2025, payable in cash [19] Q&A Session Summary Question: What was the cause for the drop in PIK income quarter-over-quarter? - The drop was due to a reversal of non-accrual for one portfolio company in the previous quarter, which inflated PIK income [25] Question: What are the comments on the sustainability of the dividend given lower yields and higher leverage? - The company is constantly evaluating the dividend sustainability and will monitor the portfolio's performance [26][27] Question: Is the company changing to a calendar fiscal year? - Yes, the company has changed its fiscal year from June to December [28][30] Question: Where does the company see the trend for investment yield over the next quarter or two? - The investment yield is expected to remain stable around 10.5%, barring any economic shocks [34][36]

Barrett Business Services, Inc. (NASDAQ:BBSI) Q4 2024 Earnings Conference Call February 26, 2024 5:00 PM ET Company Participants Gary Kramer - President and CEO Anthony Harris - CFO Conference Call Participants Chris Moore - CJS Securities Jeff Martin - ROTH Capital Partners LLC Marc Riddick - Sidoti & Company LLC Operator Good afternoon everyone and thank you for participating today's conference call to discuss BBSI's Financial Results for the Fourth Quarter and Full Year Ended December 31st, 2024. Joining ...

Barrett Business Services (BBSI) Q4 2024 Earnings Call February 26, 2025 05:00 PM ET Company Participants Gary Kramer - President, CEO & DirectorAnthony Harris - EVP, CFO, Principal Accounting Officer & Treasurer Conference Call Participants Christopher Moore - Senior AnalystJeff Martin - Director of Research & Senior Research AnalystMarc Riddick - Business Services Analyst Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss BBSI's Financial Results for t ...

Insperity (NSP) Q4 2024 Earnings Call February 10, 2025 08:30 AM ET Company Participants James Allison - EVP & CFOPaul Sarvadi - Chairman and CEOJasper Bibb - Equity Research AssociateAndrew Polkowitz - Vice President Conference Call Participants Mark Marcon - Senior Research AnalystJeff Martin - Director of Research & Senior Research AnalystAndrew Nicholas - Equity Research Analyst Operator Good morning. My name is Jenny, and I will be your conference operator today. I would like to welcome everyone to the ...