The Motley Fool

DECEMBER 5, 2024

Non-GAAP net income was $50 million -- was $60 million, which excludes a nonrecurring noncash tax benefit of $25 million from the release of valuation allowance on certain deferred tax assets. Third quarter non-GAAP adjusted free cash flow was $33 million.

Leveraging 244

Leveraging Companies Taxes Returns 244

The Motley Fool

MARCH 26, 2024

Matt will remain with nCino in a consulting capacity until August to help ensure a smooth transition. While I'm sorry to see him leave, we all wish him the greatest success as he pursues a new challenge and expands his professional experience beyond nCino. Professional services revenues were 16.2 revenues were $24.8

Financial Institutions 130

Financial Institutions Banks Professional Services Leveraging 130

The Motley Fool

OCTOBER 11, 2024

increased 5%, reflecting a higher tax rate compared to a year ago. Our as-adjusted tax rate for the third quarter was 26%. The prior-year quarter included $215 million of discrete tax benefits, while the third quarter of 2024 was impacted by $22 million of discrete expense. Earnings per share of $11.46 Our clients are excited.

Assets 130

Assets Leveraging Mergers and Acquisitions Mutual Funds 130

The Motley Fool

FEBRUARY 21, 2024

After launching Catering Plus in Q3, we followed up in Q4 with new functionality that allows brands to recognize and authenticate the tax-exempt status of a guest. million tax-exempt organizations in the US. Now we have professional services as a function at Olo. We have sales engineers, solutions architects.

Leveraging 130

Leveraging Professional Services Capital Accounting 130

The Motley Fool

NOVEMBER 1, 2023

Finally, other services revenues were $17.6 While we are seeing higher average consulting build rates worldwide, lower customer demand for consulting projects in the current and macroeconomic environment remain a headwind to customer spend on professional services.

Education 130

Education Assets Leveraging Debt 130

The Motley Fool

AUGUST 22, 2024

Professional services revenue was $182 million in the quarter, leading to total revenue in Q2 of $2.085 billion, also a growth of 17%. We expect FY '25 professional services revenue of approximately $680 million to $690 million, driven by customer demand. For Q3, we expect professional services revenue of $175 million.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Education Financing 130

The Motley Fool

AUGUST 3, 2023

Regarding our results, in the second quarter, we recorded after-tax special item charges of $5 million or $0.01 We delivered another quarter of organic customer growth, reinforcing how well our consultative approach and capabilities continue to resonate in the market. billion, after-tax adjusted earnings of $1.8

Leveraging 100

Leveraging Bidding Banks Consultants 100

The Motley Fool

JULY 31, 2024

And some key Q2 customer go-lives included a multinational government consulting firm that is now live on Dayforce payroll, HR, and time for all 39,000 employees in the U.S., So the remainder of that would be for professional services work. A multinational entertainment company selected Dayforce pay on time for its 9,000 U.S.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Banks Debt Accounting 130

The Motley Fool

NOVEMBER 6, 2024

On cash flows, we're guiding for free cash flow of $835 million to $850 million in fiscal '25, which absorbs the approximately $20 million of outflows for severance and consulting fees related to our go-to-market realignment. I'll get into more detail on constant-currency ARR on the next two slides.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Debt Leveraging Shareholders 130

The Motley Fool

DECEMBER 5, 2023

Q3 revenue also benefited from a stronger contribution of our professional services, driven by elevated breach activity across legacy and competing platforms. Is this going to be more of a lead-gen innovation-type consulting business? Just with the tax, more recently, you're increasingly targeting identity systems.

Mergers and Acquisitions 130

Mergers and Acquisitions Liabilities Banks Capital 130

The Motley Fool

AUGUST 24, 2023

Beyond the full platform deals I mentioned earlier, we had a number of financial expansion wins in the quarter including the Medical College of Wisconsin, Nordic Consulting, and Rakuten. Professional services revenue was $163 million, leading to total revenue of $1.79 The FY '24 non-GAAP tax rate remains at 19%.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Banks Education 130

The Motley Fool

JUNE 6, 2024

We also used $42 million in cash to pay taxes due on RSU settlements, reducing the dilutive impact of our equity programs. When released, we estimate this would have a GAAP-only financial impact of decreasing our noncash tax expense by approximately $750 million to $850 million. Further details will be found in the 10-Q filing.

Legal 100

Legal Banks Capital Accounting 100

The Motley Fool

MARCH 13, 2025

Cognizant Technology Solutions, one of the world's leading professional services companies for creating digital solutions, is deploying CLM across its organization to streamline agreement processes, improve efficiency mitigate risks, and create AI-driven workflows. For full year 2025, non-GAAP diluted EPS was $3.55 versus $2.98

Leveraging 130

Leveraging Accounting Capital Companies 130

The Motley Fool

NOVEMBER 21, 2023

Free cash flow was $13 million in the third quarter, primarily limited by the transition from upfront to annual billings for multiyear contracts and the payment of federal taxes we discussed earlier this year. Turning to capital allocation. We continue to actively manage capital within our framework.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Banks Bidding Capital 130

The Motley Fool

SEPTEMBER 8, 2023

In addition to our share repurchase program, during the quarter, we used 40 million to pay taxes due on RSU settlements, reducing the dilutive impact of our equity programs. And I think now, with generative AI, we can do a substantially better job, more seamlessly lighter weight with less professional services. I agree 100%.

Leveraging 130

Leveraging Banks Financing Finance 130

The Motley Fool

MAY 30, 2024

Earlier this month, we launched the MongoDB AI application Program, or MAP, a first-of-its-kind collaboration that brings together all three hyperscalers, foundation model providers, generative AI frameworks, orchestration tools and industry-leading consultancies. For the full fiscal year 2025, we expect revenue to be in the range of $1.88

Accounting 130

Accounting Banks Prospects Liabilities 130

Private Equity Insights

FEBRUARY 18, 2025

Last year, the UK tax authority changed its guidance on how members of limited liability partnerships (LLPs) are taxed, sparking investigations and backdated tax claims. The dispute arose from tax rules introduced in 2014 that determine whether LLP members should be classified as self-employed or employees.

Taxes 259

Taxes Liabilities Professional Services Venture Capital 259

The Motley Fool

NOVEMBER 11, 2024

million, which was due to a decline in professional services revenue, in line with Appian's strategy of pushing more of that revenue toward partners like consultants that help sell the product. Overall revenue was up just 12% to $154.1 Total revenue was ahead of estimates at $151.9 million to a profit of $10.8

Professional Services 246

Professional Services Amortization Depreciation Earnings Before Interest 246

Private Equity Wire

NOVEMBER 5, 2024

CMap, a Manchester-headquartered Professional Services Automation (PSA) software business, serves customers in the Architects, Engineering & Construction (AEC) and Consulting sectors. To support this further, CMap completed the acquisition of Atvero in 2023, an AEC-focused document management software.

Private Equity Firms 98

Private Equity Firms Private Equity Firms Consulting Consultants 98

The Motley Fool

FEBRUARY 25, 2025

We delivered very strong results in Q2 with revenue growth of 17%, and we're off to a great start in tax. I will focus on three areas: revolutionizing speed to benefit by delivering done-for-you experiences with expertise, winning in tax, and mid-market. Turning to tax, we're off to a great start.

Taxes 130

Taxes Leveraging Accounting Capital 130

The Motley Fool

JULY 15, 2024

Our as-adjusted tax rate for the second quarter was approximately 24%. We continue to estimate that 25% is a reasonable projected tax run rate for the remainder of 2024. The actual effective tax rate may differ because of nonrecurring or discrete items or potential changes in tax legislation.

Assets 130

Assets Liabilities Leveraging Asset Management 130

Pension Pulse

NOVEMBER 21, 2024

He is chairman and CEO of Harper & Associates, his consulting and advisory business, and chairman and co-founder of Miami-based investment fund Vision One, as well as a “working equity partner” at private-equity firm Azimuth Capital, which invests in energy and the energy transition. I never spoke to Prime Minister Harper about it.

Pension Funds 64

Pension Funds Financing Finance Consulting 64