The Motley Fool

MARCH 13, 2024

This was also our first quarter of GAAP profitability as a public company. based financial services firm and one of our top 25 customers started their automation journey with RPA in 2018 and have since adopted our full platform. We make AI actionable, unlocking the promise of this next evolution in technology.

Leveraging 130

Leveraging Banks Capital Finance 130

The Motley Fool

JULY 18, 2024

It is bittersweet to be talking about the company's results publicly for the first time since his passing. Don took great pride in the company's growth, profitability, and shareholder returns, which have been at the top of all public companies in America for the past decade. Debt at the end of the quarter totaled $5.7

Securities and Exchange Commission (SEC) 243

Securities and Exchange Commission (SEC) Capital Taxes Shareholders 243

The Motley Fool

FEBRUARY 9, 2024

Additionally, the acquisitions of Rushmore Servicing and Roosevelt Management added another 32 billion and brought us best-in-class special servicing capabilities in the infrastructure to launch our first MSR fund. A key theme for 2023 was operating leverage. Turning to Slide 13, let's review liquidity.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Portfolios Assets 130

The Motley Fool

JANUARY 23, 2024

Mike Murray -- Executive Vice President, Chief Operating Officer Financial services earned $66 million of pre-tax income in the first quarter on $193 million of revenues, resulting in a pre-tax profit margin of 34.3%. Our consolidated leverage at December 31st was 18.6%, and consolidated leverage net of cash was 7.8%.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Resale Leveraging Taxes 130

The Motley Fool

AUGUST 7, 2023

This improvement demonstrates the leverage in our model and our disciplined approach to spending. We're delivering this increased profitability while also continuing to invest in innovation, which is the lifeblood of our company. RingCentral has been an early pioneer, leveraging and contributing to all these important innovations.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Legal Capital 130

The Motley Fool

AUGUST 23, 2023

Our new Splunk AI system leverages generative AI to provide an immersive chat experience and helps make our search processing language, or SPL, are easier to use by enabling the use of natural language to create SPL queries. financial services organization.

Leveraging 130

Leveraging Banks Capital Investors 130

The Motley Fool

FEBRUARY 20, 2024

Today, we count almost 20% of Fortune 1000 companies as our enterprise customers. Among these are two of the world's three largest hotel brands, one of the world's largest car rental company, and many leading Fortune 500 financial service companies. So, it would have been that much better in terms of the guide.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Mergers and Acquisitions Capital 130

The Motley Fool

NOVEMBER 7, 2023

And Robinhood is no longer just the trading app, we've been rapidly evolving into a broad financial services platform serving multiple financial needs, including spending, savings, and retirement. We had our first quarter of GAAP profitability as a public company in Q2. Now, let's turn to our financial results.

Leveraging 100

Leveraging Assets Shareholders Public Companies 100

The Motley Fool

JUNE 18, 2024

I'm in Miami today, together with Jon Jaffe, our co-CEO and president; Diane Bessette, our chief financial officer; David Collins, who you just heard from, our controller and vice president. Bruce Gross is here, our CEO of Lennar Financial Services; and we have a few others as well. So starting with financial services.

Debt 130

Debt Assets Capital Shareholders 130

The Motley Fool

SEPTEMBER 4, 2024

I'll note that this is the 15th consecutive quarter as a public company in which we have met or exceeded our revenue guidance. In the first quarter, the company closed 71 agreements, including 72 new pilots marking a 117% year-over-year increase in our pilot count. I'll now turn it over to Hitesh to cover the financials.

Professional Services 130

Professional Services Enterprise Values Assets Leveraging 130

The Motley Fool

AUGUST 20, 2023

It is this next-gen portfolio driving that is our growth transformation and enabling our leverage. This becomes increasingly important with the new SEC rules detailing that all public companies will be required to report material breaches within four business days. So, you know, moving on to leveraging AI.

Leveraging 130

Leveraging Taxes Banks Capital 130

The Motley Fool

APRIL 16, 2024

We're fortunate that we don't have to spend money on marketing, which actually creates a lot of leverage in our financials service as well. You almost come into a business as totally ready to be a public company from revenue growth and debt maturity perspective. I actually like being in a public company.

Public Companies 130

Public Companies Companies Investors Education 130

The Motley Fool

MAY 2, 2024

I'm proud of the fact that our team has been able to continue to build our network, service larger and larger customers, and launch entirely new categories of products including in the AI space, while remaining disciplined with our capex, gross margin, operating margin, and cash flow. A large international energy company signed a 5-year $4.5

Capital 130

Capital Financial Institutions Financial Services Finance 130

Axial

MAY 4, 2023

” Industries: Consumer Goods, Manufacturing, Materials, Financial Services, Distribution, Industrials, Real Estate , Business Services, Consumer Services Visit Ardent’s Profile “Plethora Businesses is a leading M&A Advisor for the lower middle market.

Investment Banks 52

Investment Banks Investment Banking Banks Mergers and Acquisitions 52

The Motley Fool

MAY 16, 2024

Continuing with GBS, we're bringing together the best capabilities of our Analytics and Engineering and Applications business, now called Consulting and Engineering Services, with industry veteran Howard Boville as our general manager. In financial services, we provide core banking solutions to numerous banks globally.

Resale 130

Resale Consulting Consultants Debt 130

The Motley Fool

FEBRUARY 28, 2024

This is the 13th consecutive quarter as a public company in which we have met or exceeded our revenue guidance range. Virtually, all commercial, military, and government organizations are focused today on leveraging AI to improve their operations, optimize their processes, and transform their businesses.

Liabilities 130

Liabilities Due Diligence Professional Services Legal 130

The Motley Fool

NOVEMBER 14, 2023

Congress, the Federal Reserve, and public sector organizations in Europe and Asia to major corporate customers including more than half the Fortune 100. This delivers a tremendous inflection point of delivering positive adjusted EBITDA for the first time in the company's history and one quarter earlier than initially forecast.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Legal Leveraging Capital 100

The Motley Fool

AUGUST 1, 2024

A Fortune 500 financial services company expanded their relationship with Cloudflare signing a one-year $895,000 contract for Magic Transit and Magic Firewall, gaps in their incumbent products with two on-premise vendors, let this customer vulnerable to attacks creating significant urgency for a placement solution.

Taxes 130

Taxes Funds Leveraging Liabilities 130

The Motley Fool

OCTOBER 25, 2023

Finally, I'd like to mention the well-deserved recognition we received from Fortune and a Great Place to Work Foundation, who ranked Mr. Cooper as one of the best workplaces in financial services and insurance. And instead we focus on those things we can control, namely process improvement, cost leadership, and operating leverage.

Mergers and Acquisitions 100

Mergers and Acquisitions Taxes Banks Capital 100

The Motley Fool

AUGUST 3, 2023

In just the past few weeks, the House Financial Services Committee and the House Ag Committee passed the landmark crypto market structure bill and the stablecoin bill with bipartisan support. It's an important stepping stone to getting people access to better financial services. Thanks for taking my question.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Assets Legal Shareholders 100

The Motley Fool

OCTOBER 31, 2024

As you've read in our shareholder letter, FY '25 is off to a good start, with fresh off our Team '24 Europe event in Barcelona, where we heard our customers like Vodafone, Lloyds Banking Group and Mercedes-Benz are leveraging our products in powerful ways to drive team productivity and deliver superior service.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Shareholders Conglomerates Leveraging 130

The Motley Fool

AUGUST 2, 2023

Rohan Sivaram has been named Confluent's next chief financial officer. Rohan is a seasoned finance and operations leader with nearly two decades of experience at leading companies across financial services, cybersecurity and data infrastructure. Steffan Tomlinson -- Chief Financial Officer Thank you, Jay.

Banks 130

Banks Companies Financial Services Accounting 130

The Motley Fool

MAY 30, 2024

I'll note that this is the 14th consecutive quarter as a public company in which we have met or exceeded our revenue guidance. The bulk of the value is going to accrue to the applications that leverage the entire AI stack and deliver value to the business. We finished the quarter with 86.6 Silicon will get commoditized.

Professional Services 130

Professional Services Liabilities Companies Investors 130

The Motley Fool

AUGUST 1, 2024

And since becoming a public company, we have had 13 consecutive quarters of management fee and FRE growth, highlighting both the stability and strength of our business. Over the last 12 months, we have generated 23% fee-related earnings growth at 19% distributable earnings growth from the prior-year period.

Capital 130

Capital Mergers and Acquisitions Management Fees Asset Management 130

Axial

OCTOBER 24, 2024

.” Visit Ardent Advisory Group’s Profile “ Cornhusker Capital was launched in November 2010 with the idea of providing superior and value-based services to lower middle market companies. Goal is to bring Goldman, McKinsey level services to the middle market. Clark, Mr. Fay, Ms.

Investment Banks 52

Investment Banks Investment Banking Banks Mergers and Acquisitions 52

The Motley Fool

FEBRUARY 7, 2024

But with the company's explosive growth came challenges scaling open-source Kafka, resulting in large maintenance overheads and overprovisioning. We've seen that across a variety of disciplines, whether it's -- I can't call out some of them, but everything from kind of retail to tech companies to financial services.

Banks 130

Banks Prospects Companies Capital 130

The Big Picture

OCTOBER 31, 2023

Just really a fascinating history from, from a private company to a public company back to a, a partnership. He is uniquely situated because he has run both public mutual funds as well as privates, including late stage venture private equity credit down the list. They’ve been around literally nearly a century.

Hedge Funds 64

Hedge Funds Mutual Funds Funds Due Diligence 64

The Motley Fool

FEBRUARY 13, 2024

With this expansion, the customer plans to deploy Datadog for cloud service management use cases and will expand to a total of 10 Datadog products. Next, we signed an eight-figure multiyear expansion with a leading European financial services company. Olivier Pomel -- Co-Founder and Chief Executive Officer Yes.

Capital 100

Capital Companies Taxes Investors 100

The Motley Fool

NOVEMBER 7, 2024

We launched our sales summary page, allowing restauranteurs to spot trends faster by leveraging improved data visualization. And these are; accelerating software revenue growth, continuing to advance adoption of our financial services, and continuing to control costs and finding additional operational efficiencies. Thanks a lot.

Capital 130

Capital Financial Services Accounting Leveraging 130

The Motley Fool

AUGUST 1, 2023

We are also leveraging next-gen AI on our ad products and we're seeing a profound impact in our ad capabilities. She is a strategic, disciplined, and highly regarded executive with an impressive background leading all aspects of finance within an innovative, high-growth public company. Operator Thank you. Your line is now open.

Leveraging 100

Leveraging Investors Finance Financing 100

Axial

JULY 27, 2023

.” Industries : Consumer Goods, Energy & Utilities, Technology, Industrials, Business Services, Manufacturing, Distribution, Health Care, Telecommunications, Consumer Services, Financial Services, Retail Visit FOCUS IB’s Profile “ASA Ventures Group (AVG) provides M & A representation to middle-market private companies.

Investment Banks 52

Investment Banks Investment Banking Mergers and Acquisitions Banks 52

The Big Picture

JULY 29, 2024

She has an absolutely comprehensive resume in the financial services industry. I was a public company, CEO, I enjoyed working with investors. And the other interesting thing that’s happened more recently is the, the transition to more personalization in financial services. At AssetMark.

Taxes 59

Taxes Mutual Funds Portfolios Finance 59

Pension Pulse

JUNE 22, 2023

Founded in 2014 by Gerry Cardinale, RedBird integrates sophisticated private equity investing with a hands-on business building mandate that focuses on three core industry verticals– Media & Entertainment, Sports and Experiential Consumer, and Financial Services. The sources requested anonymity because the matter is confidential.

Legal 52

Legal Assets Bidding Debt 52

The Motley Fool

NOVEMBER 8, 2024

Before we go into details about the quarter, I want to provide some context on what we have accomplished as a public company and how we are looking toward the future. As a result of our strong growth combined with meaningful operating leverage, Flywire has been and expects to continue to be a Rule of 40 company.

Education 130

Education Banks Capital Shareholders 130

The Motley Fool

AUGUST 2, 2023

In Q2, we reached GAAP profitability for the first time as a public company. Looking at our financial results. And by keeping our costs lean, we drove nice operating leverage in our business with adjusted EBITDA margin increasing to a new high of 31%. And I'll defer to Jason for some of the financial details.

Shareholders 100

Shareholders Accounting Assets Leveraging 100

The Motley Fool

FEBRUARY 15, 2024

The second, Coinbase is not just a new asset class, it's also powering new financial services. First, as a new asset class, second is a new set of financial services; and third is a new application platform. And we maintain corporate policies governing these plans that are commonplace among public companies.

Legal 130

Legal Assets Finance Financing 130

The Motley Fool

FEBRUARY 7, 2024

Anything in the financial services sector, we will have a hard look at. The results of both Rithm and the Sculptor companies in '23 were excellent, and the long-term performance in both the REIT and the asset management business put us in a position to be at the top of the pack. We are very small in the context of this arena.

Capital 100

Capital Asset Management Assets Funds 100