Financial Data and Key Metrics Changes - Cloud ARR grew to $434 million, up 31% year-over-year, representing 81% of total ARR of $535 million [4][17] - SaaS revenue reached $102 million, up 28% year-over-year, while total revenue was $140 million, up 16% year-over-year [4][18] - Non-GAAP gross margin improved to 78.1%, up from 76.7% a year ago, and non-GAAP operating income increased to $27.7 million from $18.9 million [20][17] - Free cash flow for the quarter was $22.2 million, with cash and cash equivalents at $191.2 million [20] Business Line Data and Key Metrics Changes - SaaS revenue now represents 73% of total revenue, while license revenue decreased by 9% year-over-year to $25.4 million [18] - Professional services revenue totaled $12.3 million, down 7% year-over-year [18] - The number of clients generating at least $100,000 in ARR increased to 834, up from 728 a year ago [20] Market Data and Key Metrics Changes - The partner ecosystem, particularly with Microsoft, played a significant role in driving growth, with over half of the largest wins executed jointly with Microsoft [8][19] - The company is gaining traction in newer markets across various verticals and global locations [8] Company Strategy and Development Direction - The company continues to execute its vertical AI roadmap, focusing on increasing AI adoption in highly regulated industries [5][4] - There is a strong emphasis on expanding the partner ecosystem, which includes over 145 curated data technology and services partners [8] - The company aims to drive AI, cloud adoption, and modernization across all industries served, leveraging its subscription revenue model and industry-specific cloud platform [15][14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about growth opportunities, citing strong quarterly results driven by new client additions and account expansions [4][14] - The company anticipates continued demand for its AI capabilities and compliance solutions, particularly in the legal and accounting sectors [10][11] - Management noted that conversations with clients have shifted from curiosity to experimentation with AI technologies, indicating a positive trend in adoption [47] Other Important Information - The company authorized a $200 million share repurchase program, reflecting confidence in long-term business value [19] - Upcoming events include an Investor Day and the Intapp Amplify program, where significant announcements regarding AI innovations are expected [22][85] Q&A Session Summary Question: Positioning in light of Anthropic news - Management clarified that their focus is on the business of law rather than contract review, emphasizing their unique value proposition in professional financial services [27][30] Question: Balancing third-party partnerships and proprietary data - Management highlighted their ecosystem strategy, ensuring firms can safeguard proprietary information while leveraging third-party data for better decision-making [33][34] Question: Motivation for AI offerings - The primary motivations for clients adopting AI include efficiency and the ability to access comprehensive information that would be cost-prohibitive to assemble manually [39][40] Question: Customer experimentation with AI tools - Management noted that while clients are experimenting with AI tools, they are likely to continue relying on specialized providers for comprehensive solutions [42][43] Question: Impact of Microsoft partnership - The partnership with Microsoft has been beneficial in shortening sales cycles and facilitating larger enterprise deals [51] Question: Guidance for full year revenue - Management reiterated their cloud-first strategy and indicated that revenue dynamics are influenced by ongoing migrations to cloud solutions [58] Question: AI budget allocation among clients - Many firms are allocating specific budgets for AI, which has positively impacted the company's sales [66] Question: Pricing models and AI monetization - The company is exploring various pricing models, including consumption-based pricing, to align with client value perception [75][76]

Lumentum (NasdaqGS:LITE) Q2 2026 Earnings call February 03, 2026 05:00 PM ET Company ParticipantsGeorge Notter - Managing Director of Equity ResearchKathy Ta - VP of Investor RelationsMichael Hurlston - President and CEORuben Roy - Managing Director of Equity ResearchSimon Leopold - Managing DirectorVijay Rakesh - Managing DirectorWajid Ali - EVP and CFOWupen Yuen - President, Global Business UnitsConference Call ParticipantsPapa Sylla - VP and Equity Research AnalystRyan Koontz - Managing Director and Equi ...

Cirrus Logic (NasdaqGS:CRUS) Q3 2026 Earnings call February 03, 2026 05:00 PM ET Company ParticipantsAlek Valero - Equity Research AnalysChelsea Heffernan - VP of Investor RelationsDavid Williams - Municipal Bond Trader and UnderwriterJeff Woolard - CFOJohn Forsyth - CEOConference Call ParticipantsDylan Olivier - AnalystTore Svanberg - Managing Director and Senior AnalystOperatorLadies and gentlemen, thank you for standing by. Welcome to the Cirrus Logic third quarter fiscal year 2026 financial results Q&A ...

Super Micro Computer (NasdaqGS:SMCI) Q2 2026 Earnings call February 03, 2026 05:00 PM ET Company ParticipantsCharles Liang - CEODavid Weigand - CFOMichael Staiger - VP of Corporate DevelopmentConference Call ParticipantsAnanda Prosad Baruah - Equity Research AnalystAsiya Merchant - Equity Research AnalystBrandon Nispel - Equity Research AnalystCatherine Murphy - Equity Research AnalystJonathan Tanwanteng - Equity Research AnalystMark Newman - Senior Equity Research AnalystNehal Sushil Chokshi - Senior Equit ...

Financial Data and Key Metrics Changes - Total revenue for Q3 2026 was $185 million, with service revenue at $179.7 million, both exceeding guidance by approximately $3 million and growing 3.4% and 3.6% year-over-year respectively [17] - Operating income reached $21.7 million, resulting in an operating margin of 11.7%, significantly above the guidance range of 9%-10% [19] - Net income was $17.1 million with fully diluted EPS of $0.12, which was $0.03 above the high end of guidance [20] Business Line Data and Key Metrics Changes - Usage-based offerings grew nearly 60% year-over-year and now represent over 21% of service revenue, up from approximately 14% in Q3 2025 [17][7] - Service revenue, excluding Fuze customers, rose approximately 6% year-over-year, maintaining a growth rate similar to the previous quarter [17] Market Data and Key Metrics Changes - The company is experiencing a shift in customer preferences from pure SaaS subscriptions to hybrid and tokenized pricing models, which is reflected in the increased consumption of usage-based solutions [8] - Voice AI interactions increased more than 200%, now representing a vast majority of all AI interactions on the platform [7] Company Strategy and Development Direction - The company is focused on operational efficiency, innovation, and distribution, with a multi-product strategy gaining traction among top customers [9] - Investments are being made to enable simplified, consumption-based pricing and AI-driven automations to enhance customer success [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's momentum entering Q4, highlighting the return to top-line growth and the importance of execution in the upcoming quarters [15] - The company acknowledges the competitive landscape and aims to accelerate installed base expansion and drive stronger channel momentum [15] Other Important Information - The completion of the Fuze customer base upgrade to the 8x8 platform marks a significant operational milestone, allowing the company to focus on growth and customer success [13][27] - The company has reduced its debt principal by $224 million, or 41%, since August 2022, leading to a more than 50% reduction in annualized interest expense [20] Q&A Session Summary Question: Insights on fiscal Q4 service revenue guidance considering Fuze headwinds - Management confirmed that the service revenue guidance for Q4, excluding Fuze, implies a year-over-year increase of over 5% [31][32] Question: Operating margin sustainability and targets for 2027 - Management indicated that while gross margins on usage-based business may be structurally lower, operating margins are expected to improve with scale, targeting a return to double-digit operating margins [34][36] Question: Adoption of voice AI and customer interactions - Management noted a significant shift towards production use of voice AI technologies, with customers increasingly adding use cases as they see positive ROI [42][43] Question: Revenue impact from Maven Lab and operational headwinds - Maven Lab had no contribution to revenue for the quarter, and any revenue headwinds were minimal, under $1 million [45][55] Question: Customer projects and monetization strategies - Management discussed the transition from pilot projects to larger scale deployments, emphasizing the importance of micro use cases in driving customer engagement and revenue [63][64]

Lumen Technologies (NYSE:LUMN) Q4 2025 Earnings call February 03, 2026 05:00 PM ET Company ParticipantsBatya Levi - Managing DirectorChris Stansbury - CFOFrank Louthan - Managing DirectorJim Breen - SVP of Investor RelationsKate Johnson - President and CEOMichael Funk - SVPMichael Ng - Managing DirectorMichael Rollins - Managing DirectorNick Del Deo - Managing DirectorSam McHugh - Managing DirectorConference Call ParticipantsGregory Williams - Director and Senior Equity Research AnalystSebastiano Petti - Se ...

Lumentum (NasdaqGS:LITE) Q2 2026 Earnings call February 03, 2026 05:00 PM ET Company ParticipantsGeorge Notter - Managing Director of Equity ResearchKathy Ta - VP of Investor RelationsMichael Hurlston - President and CEORuben Roy - Managing Director of Equity ResearchSimon Leopold - Managing DirectorVijay Rakesh - Managing DirectorWajid Ali - EVP and CFOWupen Yuen - President, Global Business UnitsConference Call ParticipantsPapa Sylla - VP and Equity Research AnalystRyan Koontz - Managing Director and Equi ...

Aviat Networks (NasdaqGS:AVNW) Q2 2026 Earnings call February 03, 2026 05:00 PM ET Company ParticipantsAndrew Fredriksen - VP of Corporate Development and Investor RelationsAndy Schmidt - CFOPete Smith - President and CEOConference Call ParticipantsScott Searle - Managing Director, Senior Research AnalystTheodore O'Neill - CEO and Senior AnalystTim Savageaux - Managing Director and Senior Research AnalystOperatorGood afternoon. Welcome to Aviat Networks' second quarter fiscal 2026 earnings call. At this tim ...

Financial Data and Key Metrics Changes - In Q4 2025, Match Group reported total revenue of $878 million, up 2% year-over-year, and flat on a foreign exchange neutral basis [19] - For the full year 2025, total revenue was $3.5 billion, flat both as-reported and FXM [20] - Adjusted EBITDA for Q4 was $370 million, up 14%, with an adjusted EBITDA margin of 42% [20] - For the full year 2025, adjusted EBITDA was $1.2 billion, down 1%, representing a margin of 35% [20] - Free cash flow for 2025 was $1 billion, with a significant portion returned to shareholders through buybacks and dividends [25] Business Line Data and Key Metrics Changes - Tinder's Q4 direct revenue was $464 million, down 3%, with payers declining 8% to 8.8 million [21] - Hinge's Q4 direct revenue was $186 million, up 26%, with payers increasing 17% to 1.9 million [21] - E&E's Q4 direct revenue was $145 million, down 7%, with payers down 14% to 2.1 million [22] - Match Group Asia's Q4 direct revenue was $66 million, down 2% [23] Market Data and Key Metrics Changes - Globally, new registration trends improved significantly, with a decline of only 5% year-over-year in Q4 compared to a 12% decline in Q2 [8] - Monthly Active Users (MAU) declined 9% year-over-year in Q4, an improvement from a 10% decline in Q3 [8] - In 15 countries, MAU declines improved by at least 2 points, representing about one-third of Tinder's global MAU [8] Company Strategy and Development Direction - The company is focused on a three-phase transformation: reset, revitalize, and drive resurgence, with user outcomes prioritized [3] - Tinder's product roadmap for 2026 aims to address Gen Z pain points, focusing on relevance, match quality, and safety [10] - Hinge is expanding into new markets, including Mexico, Brazil, Argentina, Chile, Peru, and India, with strong user growth and revenue momentum [15] Management's Comments on Operating Environment and Future Outlook - Management expects Tinder's direct revenue declines in 2026 to be similar to 2025 due to ongoing product changes [5] - The company anticipates continued strong direct revenue growth at Hinge while facing headwinds in other segments [5] - Management is optimistic about the turnaround at Tinder, citing improvements in user engagement metrics [9] Other Important Information - The company plans to host its first-ever product event for Tinder in March 2026 to showcase upcoming features and innovations [11] - A cash dividend of $0.20 per share has been declared, representing a 5% increase from the previous dividend [26] Q&A Session Summary Question: Early learnings from Project Aurora and its impact on user metrics - Management shared that Australia saw significant improvements in user metrics due to product enhancements and marketing strategies [40][41] Question: Engagement improvements in 15 countries - Management noted that improvements in recommendation algorithms, Double Date, FaceCheck, and marketing contributed to MAU growth in key countries [49][50] Question: Measuring relevance for women and its impact on payers - Management highlighted that initiatives like Double Date have improved female user engagement and retention, which is expected to translate into payer growth over time [58][61]

8x8 (NasdaqGS:EGHT) Q3 2026 Earnings call February 03, 2026 05:00 PM ET Company ParticipantsKate Patterson - Head of Investor RelationsKevin Kraus - CFOPeter Levine - Managing DirectorSamuel Wilson - CEOSiti Panigrahi - Managing DirectorConference Call ParticipantsJosh Nichols - Senior Research AnalystOperatorGood day, everyone, and welcome to 8x8 Inc.'s third quarter 2026 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a qu ...