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Thoma Bravo and PROS Holdings, Inc. Announce Strategic Plans for PROS Business Segments
Prnewswire· 2025-10-01 11:30
Core Insights - Thoma Bravo plans to accelerate PROS' travel segment as a standalone business and integrate PROS' B2B segment with Conga following the acquisition [1][2] - The acquisition is expected to close in Q4 2025, with PROS shareholders receiving $23.25 per share, representing a premium of approximately 41.7% over the closing price prior to the announcement [3] Company Overview - PROS Holdings, Inc. is a leading provider of AI-powered SaaS pricing and selling solutions, focusing on optimizing omnichannel shopping and selling experiences [6] - Conga is a market leader in Revenue Lifecycle Management, providing solutions for configure, price, quote, contract lifecycle management, and document automation [7][8] - Thoma Bravo is a major software-focused investment firm with approximately $181 billion in assets under management as of June 30, 2025 [4] Strategic Plans - Thoma Bravo aims to leverage its operational experience and software expertise to enhance PROS' market-leading AI offerings in the travel sector [2] - The combination of PROS' B2B business with Conga is expected to create a more powerful solution portfolio, enhancing customer value across commercial operations [2][3] - The travel business will receive additional investment for innovation, aiming to strengthen PROS' position in the airline and travel market [2]
Contractors Converge in Las Vegas for Milestone 10th Annual Service World Expo, Featuring High-Impact Speakers and Training to Power the Future of the Trades
Globenewswire· 2025-09-30 13:00
DENVER, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Service Nation, the premier contractor membership organization within EverCommerce’s (NASDAQ: EVCM) EverPro division of home and field services, will roll out the red carpet for the 10th annual Service World Expo. The event is the nation's most influential gathering of residential service business leaders, including HVAC, plumbing, electrical and remodeling contractors. Hosted at Caesars Forum & Harrah’s Las Vegas from October 26-30, Service World Expo will bring t ...
Significant Movements Among Top Market Gainers
Financial Modeling Prep· 2025-09-16 22:00
Company Highlights - Next Technology Holding Inc. (NASDAQ:NXTT) experienced a price surge to $23.49, marking an increase of over 16,216%, driven by its innovative technical services in the social e-commerce platform space within Mainland China [1][5] - iCoreConnect Inc. (NASDAQ:ICCT) saw its price rise to $0.072, reflecting a 500% increase due to its robust healthcare technology solutions, including HIPAA-compliant electronic prescription software [2][5] - Turbo Energy, S.A. (NASDAQ:TURB) recorded a price increase to $12.95, a 379% rise, showcasing its expertise in renewable energy solutions, including lithium-ion batteries and AI-based software for energy management [3][5] Market Trends - The significant price movements among these companies reflect broader market trends emphasizing the growing importance of technology and sustainability across various sectors [4] - Investors are increasingly attracted to companies demonstrating innovation, strategic market positioning, and high growth potential, as evidenced by the substantial price increases of these top gainers [4]
Roper's Application Software Growth Picks Up: A Sign of More Upside?
ZACKS· 2025-09-12 13:20
Core Insights - Roper Technologies, Inc. (ROP) is experiencing strong momentum in its Application Software segment, driven by solid demand across various markets, leading to a 6% year-over-year increase in organic revenues in Q2 2025 [1][8]. Group 1: Application Software Segment Performance - The Deltek, Vertafore, PowerPlan, and Aderant businesses are key contributors to the segment's growth, with SaaS solutions and GenAI innovation acting as significant catalysts [2][3]. - Aderant's growth is fueled by the increasing adoption of SaaS solutions, while Deltek benefits from strong demand in both GovCon and private sectors [2]. - The Vertafore business is seeing strong annual recurring revenue (ARR) growth due to excellent enterprise delivery capabilities [2]. - Roper anticipates mid-single-digit organic revenue growth for the Application Software segment in the second half of 2025 [3]. Group 2: Revenue Outlook - Roper has raised its total revenue outlook for 2025, now expecting approximately 13% growth compared to the previous estimate of 12% [4]. - Organic revenues are projected to rise by 6-7% year-over-year [4]. Group 3: Peer Performance Comparison - Rockwell Automation, Inc. (ROK) is expanding its portfolio and is expected to achieve above-market organic sales growth [5]. - Honeywell International Inc. (HON) is facing challenges in its Industrial Automation segment, with a 5% year-over-year sales decline in Q2 2025 [6]. Group 4: Valuation and Earnings Estimates - Roper's shares have decreased by 6.3% over the past year, outperforming the industry's decline of 12% [7]. - The company is trading at a forward price-to-earnings ratio of 24.37X, lower than the industry average of 26.17X [10]. - The Zacks Consensus Estimate for Roper's earnings for 2025 and 2026 has been on the rise, indicating positive revisions over the past 60 days [12].
Fundbox Integrates Into EverCommerce SaaS Platforms to Power Service SMBs
Globenewswire· 2025-09-10 14:00
Core Insights - Fundbox has entered into an agreement with EverCommerce Inc. to provide fast and flexible funding solutions directly integrated into the platforms used by small and medium-sized businesses (SMBs) [1][4] - The collaboration aims to enhance the financial ecosystem for contractors and home service professionals, allowing them to access capital whenever needed [3][5] Company Overview - Fundbox is a pioneer in embedded capital products for SMBs, having helped over 150,000 small businesses unlock more than $6 billion in capital since its inception in 2013 [7] - EverCommerce is a leading service commerce platform that supports over 725,000 global service-based businesses with integrated SaaS solutions [8] Integration Details - The integration will provide customers of EverPro's brands, including Joist and Invoice Simple, with seamless access to capital, supporting over 350,000 small businesses across the US, UK, Canada, and Australia [2][4] - Fundbox's embedded capital engine evaluates a business's financial profile using data from various sources, offering a more accurate assessment of business health [5]
SYLOGIST Reports Second Quarter 2025 Results
Globenewswire· 2025-08-14 11:00
Core Insights - Sylogist Ltd. reported strong performance in Q2 2025, highlighting significant growth in SaaS Annual Recurring Revenue (ARR) and record bookings [2][3][8] Financial Performance - SaaS Subscription Revenue reached $7.9 million, reflecting a year-over-year growth of 13.1% [1] - Total Revenue reported was $15.7 million, showing a decline of 6.9% year-over-year [1] - SaaS ARR increased by 12.5% year-over-year to $31.7 million, while Total ARR grew by 3% year-over-year to $43.8 million [8] - Bookings surged by 33% year-over-year to $17.1 million, marking the two highest bookings in the company's history [3][8] - The company achieved a SaaS Net Revenue Retention (NRR) of 107% [8] - Adjusted EBITDA margin was reported at 15.3%, equating to $2.4 million, with a gross profit margin of 58% [8] Strategic Initiatives - The company is focused on product innovation, AI integration, partner-led delivery in target markets, customer success, and operational excellence as part of its strategic growth initiatives [3] - The Board of Directors declared a quarterly dividend of $0.01 per share, to be paid on September 10, 2025 [4] Company Overview - Sylogist provides mission-critical SaaS solutions to over 2,000 public sector customers globally, including government, non-profit, and education sectors [6]
EverCommerce Amends, Reprices and Extends Credit Facility
GlobeNewswire News Room· 2025-07-30 13:00
DENVER, July 30, 2025 (GLOBE NEWSWIRE) -- EverCommerce Inc. ("EverCommerce" or the "Company") (NASDAQ: EVCM), a leading provider of SaaS solutions for service SMBs, announced today that it successfully repriced and extended the maturities of both the existing Term Loan B and Revolving Credit Facilities. The Company's $529.4 million term loan facility was refinanced in its entirety with a new class of Term B-2 Loans extending the maturity for 3 additional years, through July 6, 2031. The repricing reduced th ...
EverCommerce Announces Date of Second Quarter 2025 Earnings Call
Globenewswire· 2025-07-18 16:00
Core Viewpoint - EverCommerce Inc. is set to report its second quarter 2025 financial results on August 6, 2025, after U.S. financial markets close [1] Group 1: Financial Reporting - The financial results will be discussed in a conference call scheduled for August 6 at 5:00 p.m. Eastern Time [2] - Access to the conference call will be available via the Company's Investor Relations page, with a replay archived on the website [2] Group 2: Company Overview - EverCommerce is a leading service commerce platform that provides integrated SaaS solutions for over 725,000 service-based businesses globally [3] - The company specializes in vertical markets such as Home, Health, and Wellness through its brands EverPro, EverHealth, and EverWell [3] - EverCommerce offers end-to-end business management software, payment acceptance, marketing technology, and customer experience applications [3]
Roper Gears Up to Post Q2 Earnings: What's in the Offing?
ZACKS· 2025-07-17 15:51
Core Viewpoint - Roper Technologies, Inc. is set to release its second-quarter 2025 results on July 21, with expectations of revenue growth and earnings increase, despite potential margin pressures from rising operating costs [1][9]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for Roper's revenues is $1.93 billion, reflecting a 12.2% increase from the previous year [2][9]. - The consensus estimate for adjusted earnings is $4.82 per share, indicating a 7.6% growth year-over-year [2][9]. Segment Performance Expectations - The Application Software segment is anticipated to perform well, driven by strong demand in Deltek, Vertafore, PowerPlan, and Aderant businesses, with expected revenue growth of 16% to $1.08 billion [3][4]. - The Technology Enabled Products segment is projected to see a 9.3% revenue increase to $460.1 million, supported by demand for ultrasonic meters and surgical programs [5]. - The Network Software segment is expected to generate revenues of $381.5 million, marking a 4.8% year-over-year increase, aided by strong demand for Gen AI-powered solutions [6]. Impact of Acquisitions - Recent acquisitions, including Trucker Tools LLC and Procare Solutions, are expected to contribute positively to Roper's revenue growth by enhancing its software offerings and capabilities [7]. Cost and Margin Considerations - Operating costs are anticipated to rise, with selling, general, and administrative expenses expected to reach $782.7 million, a 12% increase from the prior year, which may impact margin performance [8][9]. - Foreign currency headwinds are also likely to affect margins and profitability due to Roper's substantial international operations [10].
NDAQ Hits 52-Week High, Trades at a Discount: How to Play the Stock
ZACKS· 2025-06-09 14:31
Core Insights - Nasdaq, Inc. (NDAQ) achieved a 52-week high of $85.72, closing at $85.61, with a 44.3% increase over the past year, outperforming the Finance sector and the Zacks S&P 500 composite but underperforming its industry [1][7]. Performance Comparison - NDAQ outperformed peers such as Cboe Global Markets, Intercontinental Exchange, and CME Group, which gained 29.7%, 33.4%, and 38.1% respectively in the past year [2]. - The company has a market capitalization of $49.15 billion, with an average trading volume of 3.6 million shares over the last three months [2]. Technical Analysis - Nasdaq shares are trading above the 50-day and 200-day simple moving averages of $77.41 and $77.04, indicating strong upward momentum [5]. Revenue and Growth Projections - For 2025, NDAQ anticipates Capital Access Platforms revenue growth between 5% to 8% and aims for 40-50% of total revenues to come from SaaS [7][19]. - The Zacks Consensus Estimate for 2025 earnings per share indicates a 13.1% year-over-year increase, with revenues expected to reach $5.05 billion, reflecting an 8.5% improvement [9]. Financial Metrics - Nasdaq's return on equity over the trailing 12 months was 15.38%, surpassing the industry average of 13.93% [15]. - The return on invested capital (ROIC) was 6.8%, better than the industry average of 5.2% [16]. Strategic Focus - The company's growth strategy emphasizes revenue generation from high-growth Market Technology and Investment Intelligence segments, along with expansion in the Anti-Financial Crime sector [17]. - Nasdaq is also focusing on strong growth from its index and analytics businesses, with moderate growth expected in exchange data products [18]. Valuation - Nasdaq shares are trading at a forward price-to-book value of 25.52X, lower than the industry average of 26.18X, indicating they are relatively affordable [8]. Earnings Surprise History - Nasdaq has consistently surpassed earnings estimates in the last four quarters, with an average surprise of 4.75% [11]. Analyst Outlook - The average price target from 18 analysts for NDAQ is $85.94 per share, suggesting a potential upside of 2.31% from the last closing price [12]. Dividend Strategy - Nasdaq has a strong dividend history, with plans to achieve a payout ratio of 35-38% by 2027 [24].