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Fusion Acquisition Corp. Joins NASDAQ, Fusemachines Begins Trading
Financial Modeling Prep· 2025-10-23 20:00
Group 1: Company Overview - Fusion Acquisition Corp. is set to debut on the NASDAQ, aligning with the trend of companies leveraging public markets for growth [1][6] - Fusemachines Inc. has begun trading on the NASDAQ under the symbol "FUSE", marking a significant milestone in its mission to democratize AI [2][6] - The transition to a publicly listed entity follows Fusemachines' successful business combination with CSLM Acquisition Corp., enhancing its reach in AI technologies and education [3][6] Group 2: Market Performance - Fusemachines' stock is currently priced at $3.05, reflecting a 5.17% increase [3] - The company's market capitalization is approximately $851.6 million, with a trading volume of 381,289 shares [4] - The stock has fluctuated between $2.80 and $3.43 today, with a 52-week high of $3.59, indicating typical volatility for newly listed companies [4] Group 3: Future Prospects - Proceeds from Fusemachines' public listing are expected to fuel growth and innovation, allowing the company to develop new products and expand its customer base [5] - The company's mission to make AI accessible globally marks the beginning of an exciting new chapter for Fusemachines [5]
Veritone Announces Pricing of $25 Million Public Offering
Businesswire· 2025-09-11 00:45
Group 1 - Veritone, Inc. has announced the pricing of an underwritten public offering of 9,505,705 shares of its common stock at a price of $2.63 per share [1] - The aggregate gross proceeds from this offering are expected to be approximately $25 million before deducting underwriting discounts and commissions [1]
Five9 Gears Up to Report Q2 Earnings: What's in Store for the Stock?
ZACKS· 2025-07-28 13:36
Core Insights - Five9 (FIVN) is expected to report second-quarter 2025 results on July 31, with projected revenues between $274.5 million and $275.5 million, indicating a 9.1% year-over-year increase [1][8] - Non-GAAP earnings are anticipated to be in the range of 64-66 cents per share, reflecting a 25% year-over-year growth [2][8] - The company has consistently surpassed earnings estimates in the past four quarters, with an average surprise of 19.3% [2] Revenue and Earnings Expectations - The Zacks Consensus Estimate for FIVN's Q2 revenues is $275.1 million, suggesting a 9.1% increase from the previous year [8] - The consensus estimate for FIVN's Q2 EPS is 65 cents, indicating a 25% year-over-year growth [8] Factors Influencing Performance - Five9's Q2 performance is likely to benefit from strong enterprise AI revenues, which grew 32% year-over-year in the first quarter and accounted for 9% of enterprise subscription sales [3] - The company reported an 18.8% adjusted EBITDA margin and $35 million in free cash flow in the first quarter, providing a solid financial foundation for further investments [4] - Strategic partnerships with major companies like Salesforce, Microsoft, and Google are expected to enhance FIVN's growth by improving AI tool integration and client retention [5] Macroeconomic Considerations - Despite positive factors, macroeconomic challenges such as persistent inflation, high interest rates, and currency fluctuations may have impacted Five9's performance in the quarter [6] Earnings Model Insights - According to the Zacks model, Five9 has a Zacks Rank of 3 and an Earnings ESP of 0.00%, indicating a neutral outlook for earnings performance [7]