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Fluor's Stock Soars 55% in 3 Months: Should You Buy the Surge or Wait?
ZACKS· 2025-07-11 16:01
Key Takeaways Fluor's $28.7B backlog is 79% reimbursable, reducing risk and fueling long-term margin growth. FLR repurchased $193M in shares in Q1-April 2025 and plans another $450M in buybacks this year. The stock trades at a discount to peers, with FY25 EPS projected to rise 8.2% despite project delays.Fluor Corporation’s (FLR) share price performance has soared in the past three months by 54.8%, significantly outperforming the Zacks Engineering - R and D Services industry, the broader Zacks Constructio ...
Bowman Announces Dates for Second Quarter 2025 Earnings Release and Webcast
Globenewswire· 2025-07-11 11:30
RESTON, Va., July 11, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and project management firm, today announced that it will release financial results for the second quarter 2025 after the U.S. financial markets close on Wednesday, August 6, 2025. The Company will host a webcast to discuss its second quarter results at 9:00 a.m. ET on Thursday, August 7, 2025. Bowman founder and CEO, Gary Bowman and Chief Financial Officer, Bruce Labovitz will host th ...
Order.co Names Larry Robinett to Lead Partnerships and Drive Adoption of Its Workday Built Procurement Integration
GlobeNewswire News Room· 2025-06-30 10:35
Core Insights - Order.co has appointed Larry Robinett as Head of Workday Accounts & Alliances to enhance strategic partnerships and increase the adoption of its Workday Built integration [1][3] Company Overview - Order.co is a leading B2B Ecommerce platform that simplifies business buying by integrating online shopping with purchase order and accounts payable automation [6] - The company was founded in 2016 and is headquartered in New York City, having raised $70 million in funding from notable investors [7][8] Leadership Background - Larry Robinett brings over 20 years of experience in enterprise software and strategic alliances, particularly within the Workday ecosystem, previously serving as Vice President of Sales and Partner Alliances at Ascend Software [2][4] Integration Benefits - The Workday Built integration allows customers to streamline procurement processes, enhancing control, efficiency, and cost savings [3][4] - Customers can utilize Integrated Search to purchase items from approved suppliers directly within the Workday portal, which simplifies the requisition process and reduces manual data entry [4][5] Customer Impact - Companies like WeWork and Hugo Boss have leveraged Order.co to centralize purchase-to-pay workflows, achieving an average savings of 5% on products [7] - The integration has been praised for saving time, effort, and money, as noted by Kyle Ingerman, Finance Transformations Senior Manager at WeWork [5] Workday Partnership - Order.co is recognized as a Workday Select Partner, collaborating closely with Workday to develop an embedded B2B Ecommerce experience within the Workday platform [4]
Founder Group Management Comments on Market Conditions in the U.S. for Solar Power Companies' Stocks
Globenewswire· 2025-06-20 12:30
KUALA LUMPUR, Malaysia, June 20, 2025 (GLOBE NEWSWIRE) -- Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), a leading engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic systems in Malaysia, assures investors that the Company will not be impacted by a U.S. Senate panel’s proposed wind down of solar power tax credits by 2028. “Founder Group operates primarily in Malaysia and doesn’t have operations in the U.S. Therefore, the Compan ...
ZKH Group Limited Announces New Share Repurchase Program
Prnewswire· 2025-06-13 10:00
Core Viewpoint - ZKH Group Limited has announced a new share repurchase program, allowing the company to buy back up to US$50 million worth of its shares over the next 12 months, reflecting confidence in its intrinsic value and long-term growth prospects [1][3]. Company Overview - ZKH Group Limited is a leading maintenance, repair, and operations (MRO) procurement service platform in China, leveraging robust supply chain capabilities and innovative technology to serve a global customer base [4]. - The company operates through multiple online platforms, including the ZKH platform, GBB platform, and Northsky platform, providing tailored MRO procurement solutions aimed at reducing costs and improving management efficiency [4]. Financial Strategy - The share repurchase program will be funded from the company's existing cash balance, indicating a strong financial position [2]. - The program is expected to be executed through various means, including open market purchases and privately negotiated transactions, depending on market conditions [2]. Management Commentary - The Chairman and CEO of ZKH expressed strong confidence in the company's business model and its ability to drive sustainable growth, supported by a healthy balance sheet and effective strategic execution [3].
Founder Group Secures Additional Contracts with Solar Installation Companies in Malaysia of US$ 1.5 Million
Globenewswire· 2025-06-11 12:00
KUALA LUMPUR, Malaysia, June 11, 2025 (GLOBE NEWSWIRE) -- Founder Group Limited (NASDAQ: FGL) ("Founder Group" or the "Company"), a leading engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic (PV) systems in Malaysia, is pleased to announce that it has secured additional contracts with prominent solar installation companies in Malaysia. This press release contains forward-looking statements that reflect our current expectations and views of future event ...
Agilysys (AGYS) FY Conference Transcript
2025-06-03 16:00
Summary of Agilysys (AGYS) FY Conference Call - June 03, 2025 Company Overview - Agilysys is a leading software provider for the hospitality industry, specializing in POS solutions and property management systems (PMS) [2][5] - The company has a global presence in approximately 118 countries, with major offices in Alpharetta, Atlanta, and Las Vegas [10][12] Core Business and Market Segments - Casino gaming constitutes about 50% of Agilysys' revenue, making it the largest vertical for the company [13] - Other significant verticals include hotels, resorts, cruise ships, and food service management (FSM) [14][18] - Agilysys has established relationships with major clients such as Royal Caribbean and Carnival UK in the cruise sector [15] Product Offerings - The company has developed a modern cloud-native hospitality ecosystem that includes POS, PMS, and inventory procurement systems [7][24] - Agilysys emphasizes customer-centric solutions, allowing for both cloud and on-premise installations [33][35] - The product suite includes loyalty promotions, digital marketing, and guest-facing kiosks, enhancing guest experiences [50][51] Financial Performance - Agilysys reported a revenue of $275.6 million for the fiscal year ending March 2025, with guidance for $308 million to $312 million for the next fiscal year [72][74] - Subscription revenue has grown by 27% annually over the last four years, with a projected growth of 25% for the upcoming year [36][74] - Recurring revenue constitutes approximately 62% of total revenue, with subscription revenue being a significant driver [71][72] Growth Opportunities - The company has identified international markets as a significant growth area, currently representing only 8% of total revenue [25][22] - Agilysys aims to increase its market share in PMS, currently connected to less than 300,000 rooms, with potential to triple this through new contracts like the one with Marriott [63][64] Challenges and Strategic Focus - Agilysys faces challenges in brand recognition and market presence, as it is perceived as an older company [77][78] - The company is focused on product innovation and customer satisfaction, with a strong emphasis on R&D, employing 1,500 out of 2,300 employees in this area [41][43] - The management is committed to maintaining a hospitality-focused strategy, avoiding distractions from other markets [39][40] Technological Advancements - Agilysys is integrating AI into its products to enhance efficiency and improve customer interactions, such as in booking systems and image generation for menus [55][57] - The company has modernized its product offerings, ensuring that all core products are cloud-native and capable of on-premise deployment [34][46] Conclusion - Agilysys is positioned for significant growth within the hospitality technology sector, leveraging its innovative product suite and expanding into international markets while addressing brand recognition challenges [66][70]
Corcentric selects Amazon Business to simplify business buying for its customers
GlobeNewswire News Room· 2025-05-28 13:20
Core Insights - Corcentric has partnered with Amazon Business to provide customers access to a vast selection of products, enhancing procurement capabilities [1][3] - The collaboration aims to streamline purchasing processes for various organizations, including small businesses, schools, and government agencies [2][7] - The integration allows businesses to maintain compliance with purchasing policies while benefiting from bulk discounts and Amazon Business Prime [3][6] Company Overview - Corcentric is recognized as a leading global provider of procurement and finance solutions, offering technology and payment solutions alongside advisory services [8] - Amazon Business serves millions of customers globally, focusing on cost savings, productivity, and insightful purchasing analytics [7] Benefits of Integration - The partnership enhances spend governance through automated approvals and detailed invoicing, providing better control and visibility for procurement teams [4] - Businesses can achieve sustainability goals by utilizing features like Guided Buying and Buy Local to source eco-friendly products [5] - The collaboration is designed to simplify online procurement, offering flexible payment solutions and streamlined buying processes [6]
BILL Holdings Plunges 47% Year to Date: Should You Buy the Stock on Dip?
ZACKS· 2025-05-27 17:26
BILL Holdings (BILL) shares have plummeted 46.8% in the year-to-date period compared with the Zacks Computer & Technology sector’s decline of 10.4% and the Zacks Internet - Software sector’s decrease of 5.6%.BILL stock has also underperformed its peers, such as SAP (SAP) and Intuit (INTU) , which are also making strong efforts to enhance their offerings, especially within the SMB sector. SAP and Intuit shares have gained 19.7% and 14.5%, respectively, in the year-to-date period.The underperformance can be a ...
TSS Stock Skyrockets 74% on Y/Y Q1 Earnings Surge & AI Demand
ZACKS· 2025-05-21 17:06
Shares of TSS, Inc. (TSSI) have gained 31.9% since reporting results for the first quarter of 2025. This compares with the S&P 500 index’s 0.8% growth over the same time frame. Over the past month, the stock has surged 74.1% compared with the S&P 500’s 12.7% rally, reflecting investor enthusiasm around the company’s latest results and advancements in AI infrastructure.Robust Revenue & Earnings GrowthFor the first quarter ended March 31, 2025, TSS reported a dramatic surge in financial performance, underpinn ...