Financial Data and Key Metrics Changes - The company is transitioning to a predictive revenue model, providing better visibility into future performance, including 2026 [1] - The implied guidance for Q4 revenue is expected to be slightly down year-over-year at the top end of guidance, reflecting a more conservative approach to revenue visibility [7][9] - Adjusted EBITDA guidance indicates a potential slight decline or narrow increase, with conservative gross margin assumptions [14][16] Business Line Data and Key Metrics Changes - The company has seen outsized growth in Direct-to-Consumer (DTC) and Audience Creation Platform (DAP) segments, contributing to smoother revenue streams [22][43] - Managed services revenue normalized in Q3, with only recognized contracts included in forecasts, reflecting a conservative approach [28][30] Market Data and Key Metrics Changes - The RFP (Request for Proposal) cycle has shown strong performance, with an increase in relevant RFPs and improved win rates due to better client engagement [39][40] - The mid-tier segment of clients is growing, as the company provides capabilities that allow them to compete effectively against larger manufacturers [34] Company Strategy and Development Direction - The partnership with Lamar Advertising aims to transform their business model, focusing on patient finding and precise message deployment across digital platforms [50][52] - The company is committed to a patient-focused strategy, with confidence in achieving both near-term goals and long-term growth objectives [73] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, highlighting strong operational and financial momentum, and the ability to achieve growth plans [73] - The company is taking a conservative approach to guidance, focusing on signed contracts and existing visibility rather than speculative opportunities [9][30] Other Important Information - Gross margin expansion in Q3 was driven by product mix and improved negotiations with channel partners, with expectations of stabilizing in the upper 50s to low 60s range [55][56] - The company does not currently factor in contributions from new partnerships into their 2026 guidance, indicating a cautious approach to forecasting [54] Q&A Session Summary Question: Can you discuss the implied guidance for Q4 revenue? - Management indicated that the guidance reflects true visibility and is based on contracted revenue rather than speculative pipeline [9][12] Question: What changes have improved visibility in the business? - The company noted that a shift towards subscription-based models and a focus on renewals have contributed to better visibility [21][25] Question: How is the managed services business performing? - The managed services business returned to a normalized rate, with only recognized contracts included in forecasts [28][30] Question: Can you elaborate on the partnership with Lamar Advertising? - The partnership aims to enhance patient finding capabilities and is in early testing stages, with no current contributions factored into forecasts [50][54] Question: What drove the gross margin expansion in Q3? - Gross margin expansion was attributed to product mix and improved channel partner negotiations, with expectations for stabilization going forward [55][56]

Core Thesis - DigitalOcean Holdings, Inc. (DOCN) is facing significant operational, financial, and governance challenges that undermine its investment case [2][4][5] Company Overview - DOCN positions itself as a developer-friendly cloud infrastructure provider, offering various services including Infrastructure-as-a-Service and Platform-as-a-Service across multiple regions [2] - The company has a relatively small scale compared to larger hyperscalers, primarily renting compute and storage capacity with minimal differentiation [2] Financial Performance - DOCN has relied on aggressive accounting practices and acquisitions to mask a slowing core business, which raises concerns about its true growth [3][5] - The company is experiencing pricing pressure and capacity constraints in its GPU rental segment, a key growth area [4] - Upcoming refinancing of $1.5 billion in 0% convertible debt could increase cash burn and leverage risk significantly [4] Governance and Accounting Issues - There are concerns regarding related-party transactions and accounting practices that obscure the company's economic performance, including redefinitions of key financial metrics [3][5] - Internal control weaknesses and frequent changes in C-suite executives contribute to governance issues, undermining investor confidence [5] Market Risks - Regulatory changes targeting AI GPU sales to China pose a threat to DOCN's growth, potentially eliminating a significant revenue stream [4] - Multiple near-term catalysts, including refinancing and regulatory shifts, could lead to a severe rerating of the stock, with downside scenarios exceeding 60% [6]

Core Viewpoint - Rimini Street, Inc. is set to report its earnings on October 30, 2025, after market close, indicating a focus on its financial performance and future outlook [1] Company Announcement - The company will host a conference call and webcast on the same date to discuss its third-quarter results and the outlook for 2025, scheduled for 5:00 p.m. Eastern / 2:00 p.m. Pacific time [1]

Group 1: Stem, Inc. (STEM) - STEM shares increased by 45.6% in the last trading session, closing at $13.5, with significantly higher trading volume compared to normal sessions [1] - The stock has gained 6.4% over the past four weeks, driven by a focus on high-margin software and services, particularly PowerTrack and managed services, alongside cost reductions and improved operational efficiency [1] - The consensus EPS estimate for the upcoming quarterly report is a loss of $3.00 per share, reflecting a year-over-year change of +31.8%, with expected revenues of $33.1 million, down 2.7% from the previous year [2] Group 2: Industry Context - STEM belongs to the Zacks Computers - IT Services industry, which includes other companies like Taboola.com Ltd. (TBLA) [3] - TBLA's consensus EPS estimate for its upcoming report is unchanged at $0.09, representing a +1000% change from the previous year [4] - Both STEM and TBLA currently hold a Zacks Rank of 3 (Hold), indicating a neutral outlook for these stocks [3][4]

Group 1: Stem, Inc. (STEM) - STEM shares increased by 8.8% to $6.71 in the last trading session, following a 33.7% loss over the past four weeks [1] - The company is benefiting from a focus on high-margin software and services, particularly PowerTrack and managed services, along with cost reductions and improved operational efficiency [1] - The consensus EPS estimate for the upcoming report is a loss of $3.00 per share, reflecting a year-over-year change of +31.8%, with expected revenues of $33.1 million, down 2.7% from the previous year [2] Group 2: Earnings Estimates and Stock Performance - The consensus EPS estimate for STEM has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] - STEM currently holds a Zacks Rank of 2 (Buy), suggesting positive market sentiment [3] - The company is part of the Zacks Computers - IT Services industry, which includes Cognizant (CTSH), also holding a Zacks Rank of 2 (Buy) [3][4] Group 3: Cognizant (CTSH) - Cognizant's consensus EPS estimate for the upcoming report has increased by 0.7% to $1.26, representing a year-over-year change of +7.7% [4] - Cognizant's stock closed the last trading session at $77.59, with a return of -4.3% over the past month [3][4]

MARKHAM, Ontario, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today reported results for the three and twelve months ended December 31, 2024. Fourth Quarter 2024 Highlights Adjusted EBITDA(1) excluding out-of-period items increased by $10.1 million or 43.5% to $33.4 million driven by improvements in all three business segments.Home health care average daily volume (“ADV”) increased to 30,993, an increase of 10.1% from Q4 2023.SGP third-party and joint ventu ...