The Motley Fool

FEBRUARY 26, 2024

A third is industry with an emphasis on deepening our offerings in retail and hospitality, education and government, along with financial services, healthcare, professional services, and tech and media. billion, growing 19%, Professional services revenue was $162 million in the quarter and 656 million for the year.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Professional Services Education Banks 130

Blackstone

NOVEMBER 16, 2023

With slower bank and leveraged loan growth, demand for partners in private credit is high. Private credit provided 65% of loans for the leveraged buyout (LBO) market in 2021 and 86% for the market as of year to date 2023. First, a low fund leverage profile increases fund liquidity and/or capital available for investment.

Leveraging 52

Leveraging Banks Debt Leveraged Buyouts 52

The Motley Fool

MARCH 19, 2024

For instance, we're currently leveraging deep game data and our proprietary large language model trained on data from our platform streaming content and 270 million bullet chats to enhance the traditional livestreaming viewing mode with real-time analysis and interaction based on game content and events. Non-GAAP net loss margin was 12.4%

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Mergers and Acquisitions Financing Finance 130

The Motley Fool

AUGUST 24, 2023

We're currently building product capabilities that leverage generative AI for a variety of tasks. And we're looking beyond those use cases at how we can also leverage co-pilots agents and conversational UI. Professional services revenue was $163 million, leading to total revenue of $1.79 Turning to the quarter.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Banks Education 130

The Motley Fool

APRIL 9, 2024

I'm proud to report that due to the ingenuity and resilience of our team members and the long-standing partnerships with our customers we have worked through most of these challenges, and are confident going forward as we continue to improve our processes and leverage the value this system brings across the organization. Net income of $15.5

Amortization 130

Amortization Taxes Capital Portfolios 130

The Motley Fool

MAY 9, 2024

Corporate costs were $700,000 lower versus the first quarter of last year, largely driven by lower professional services spending this year. Working capital cash usage was higher by $2 million and cash taxes paid in 2024 were higher by $1 million. Our leverage ratio, as calculated under the bank credit agreement was 3.7

Capital 130

Capital Financing Finance Leveraging 130

The Motley Fool

NOVEMBER 28, 2023

We're also leveraging generative AI to create a conversational experience for Workday Adaptive Planning customers. Professional services revenue was $175 million, leading to total revenue of $1.87 We now expect professional services revenue of $158 million in Q4 and $652 million for the full year.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Professional Services Banks 130

The Motley Fool

AUGUST 13, 2024

Our game-related services continue to expand rapidly as we collaborated with more game titles, leverage our live-streaming content and PGC programs, and employed innovative operational approaches to drive business development. We are confident this broadened reach will facilitate the creation of more commercialization opportunities.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Financing Finance Shareholders 130

The Motley Fool

FEBRUARY 22, 2024

Let's start with tax. Tax preparation represents a $35 billion TAM. This includes $31 billion within the assisted consumer and business tax categories, which we have barely started to penetrate. These experts use Intuit's virtual expert platform that's powered by data and AI to deliver best-in-class service.

Taxes 243

Taxes Accounting Leveraging Banks 243

The Motley Fool

JULY 10, 2024

We have taken some short-term pain in Canada to drive a very significant long-term gain as we fully leverage our Smart Straw and EZ Reach formats. We also know that use of data analytics and automated tools leveraging data is increasing and can be a real enabler for the business. We are making progress on the sale of our U.S.

Leveraging 130

Leveraging Capital Funds Returns 130

The Motley Fool

AUGUST 7, 2024

We'll continue to leverage our capabilities in both neuromuscular and rare disease space, and this will remain a core area of focus of ours. Beginning in the fourth quarter of 2023, amortization of in-licensed rights and income tax expense are no longer excluded from the non-GAAP results. million and $118.6

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Leveraging Capital 130

The Motley Fool

NOVEMBER 28, 2023

Consumer group revenue growth reflects a strong finish to the tax extension season. We remain focused on transforming the assisted consumer and business tax categories with TurboTax Live. Our innovation in tax has accelerated in several areas. We believe this is Intuit's most exciting era yet. Third, QuickBooks.

Taxes 246

Taxes Accounting Best Practices Banks 246

The Motley Fool

NOVEMBER 1, 2023

We expect these operating efficiency improvements to be sustainable, and we think our subscription business model will continue to provide us with operating leverage. And the primary reason our professional services is modeled to decline in fiscal '24 is because a portion of our professional services revenue is transitioning to DxP over time.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Debt Taxes Capital 100

The Motley Fool

MAY 23, 2024

And more than 90% of our nearly 2,000 FINs customers are now leveraging the power of our HCM platform as well. And now, they're turning to us to help them responsibly leverage AI to drive productivity, efficiency, and cost savings. Perhaps, the best example here is our talent optimization solution, which leverages Workday Skills Cloud.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Professional Services Banks 130

The Motley Fool

FEBRUARY 28, 2024

Before we get to the results, I just wanted to flag that beginning in the fourth quarter of 2023, amortization of in-licensed rights and income tax expense or benefit are no longer excluded from non-GAAP results. Now, turning to SG&A on a GAAP basis, we recorded approximately $131.7 million and $120.5

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Taxes Banks Capital 100

The Motley Fool

JUNE 6, 2024

Navigator leverages AI to transform unstructured agreements into structured data, making it easy to find agreements, quickly access vital information, and gain valuable insights from agreements. We also used $42 million in cash to pay taxes due on RSU settlements, reducing the dilutive impact of our equity programs.

Legal 100

Legal Banks Capital Accounting 100

The Motley Fool

JULY 20, 2023

Period-end deposits declined 2% in the quarter, largely driven by tax-related outflows. Compared to the sequential quarter, ending deposits were down about 2%, largely as a result of typical seasonal tax outflows. Our percentage of FDIC-insured deposits grew 1% and to end the quarter at 79% of total deposits.

Capital 130

Capital Banks Leveraging Professional Services 130

The Motley Fool

MAY 23, 2024

Turning to tax. We continue to revolutionize how taxes get done for consumers and small businesses. Tax preparation represents a $35 billion TAM in the U.S. This includes $31 billion within the assisted consumer and business tax categories. I'm proud of our performance and the momentum we're seeing across the company.

Taxes 130

Taxes Banks Accounting Capital 130

The Motley Fool

FEBRUARY 14, 2024

Strong operating leverage across our business drove our margins, which exceeded the high end of our expectations and allowed us to deliver better-than-anticipated earnings per share. We also announced several new capabilities across our security, collaboration, and observability portfolios, leveraging AI throughout.

Leveraging 130

Leveraging Shareholders Banks Taxes 130

The Motley Fool

AUGUST 22, 2024

billion grew 7% in fiscal 2024 as we continue to revolutionize how taxes get done for consumers and small businesses. Full-service customers doubled, while those new to TurboTax tripled. We expect a GAAP tax rate of approximately 23% in fiscal 2025. And finally, accelerating international growth with Mailchimp and QuickBooks.

Taxes 130

Taxes Accounting Leveraging Capital 130

The Motley Fool

FEBRUARY 21, 2024

We believe no one is better positioned to help the restaurant brands leverage the power of digital commerce and data to drive guest lifetime value and operational efficiencies. 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.

Leveraging 130

Leveraging Professional Services Capital Accounting 130

The Motley Fool

MAY 9, 2024

There is greater traction for our professional services portfolio through the named account model. I told you throughout that we are intentionally shaping our focus across go-to-market and product at Amplitude to position ourselves for reaccelerating growth to drive more operating leverage at scale.

Professional Services 130

Professional Services Securities and Exchange Commission (SEC) Accounting Banks 130

The Motley Fool

FEBRUARY 29, 2024

Turning to the broad trends we saw this quarter, as I met with customers around the globe, I saw a strong desire to leverage AI to improve business processes and elevate customer experiences. We also exceeded our profitability guidance with a non-GAAP operating margin of 13%.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Deal Flow Professional Services 130

The Motley Fool

MAY 29, 2024

CrowdStrike already relied on Einstein 1 sales and service and Slack, and now, they'll use data cloud to pull together new and trapped data from data lakes to build a 360-degree view of their customers, helping them align sales and marketing efforts to drive growth. They're also leveraging MuleSoft with incredible results.

Financing 241

Financing Finance Leveraging Professional Services 241

The Motley Fool

MAY 1, 2024

And moving forward, we expect to leverage our investment to support margin expansion while continuing to innovate and lead other parties in in technology. We anticipate the real estate transaction costs will decrease as we leverage technology more effectively and move through the typical seasonal variation in 2024.

Accounting 130

Accounting Liabilities Leveraging Legal 130

The Motley Fool

FEBRUARY 20, 2024

With Amplitude analytics, they will help customers better leverage their online portals, quickly dive into data related to critical issues and easily fix problems in a timely manner. Gross margin should be between 76% and 77% for the year due to the aforementioned investments in professional services. million and $72.7

Professional Services 130

Professional Services Securities and Exchange Commission (SEC) Accounting Venture Capital 130

The Motley Fool

MARCH 26, 2024

Banking Advisor leverages generative AI to further automate banking-specific tasks. nCino helps FIs act like fintechs, leveraging the lower cost of capital with the ease of use and personalized experience consumers have come to expect from fintechs. Professional services revenues were 16.2 enterprise, U.S.

Financial Institutions 130

Financial Institutions Banks Professional Services Leveraging 130

The Motley Fool

MAY 2, 2024

This is driven by noncash after-tax net realized investment loss of $1.8 We also recorded an after-tax net special item charge of $3 million or $0.01 employer business is on pace for another good year as we continue to leverage our high-performing networks and digitally enabled services to expand access and overall value.

Taxes 130

Taxes Capital Banks Accounting 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 Additionally, we harness the power of our talent, client relationships and partnerships as well as an expanding technology portfolio for cross enterprise leverage. billion, after-tax adjusted earnings of $1.8

Leveraging 100

Leveraging Bidding Banks Consulting 100

The Motley Fool

JUNE 28, 2023

This new partnership with BlackBerry will allow them to leverage IVY's edge capabilities to preprocess data in near real time, maintaining cybersecurity while significantly reduce cloud overhead. Software product revenue as a percentage of total revenue remained in the range of 85% to 90%, with professional services forming the balance.

Professional Services 130

Professional Services Capital Accounting Shareholders 130

The Motley Fool

NOVEMBER 29, 2023

These ones are the result of having our products available on a single integrated platform, and we are excited to deliver an enhanced omnichannel experience for consumer lending in the spring, further leveraging the technology we acquired in the SimpleNexus transaction. Professional services revenues were $17.2

Banks 130

Banks Leveraging Financial Institutions Professional Services 130

The Motley Fool

AUGUST 29, 2024

MAAP offers customers reference architectures and end-to-end technology stack that includes prebuilt integrations, professional services and a unified support system to help customers quickly build and deploy AI applications. The third opportunity is to help customers modernize their legacy application estate. billion to $1.93

Leveraging 130

Leveraging Education Capital Liabilities 130

The Motley Fool

AUGUST 20, 2023

It is this next-gen portfolio driving that is our growth transformation and enabling our leverage. A large professional services firm standardized with Prisma Access in a transaction exceeding $40 million, securing their hundreds of thousands of users. We also expect cash taxes in the range of $230 million to $280 million.

Leveraging 130

Leveraging Taxes Banks Capital 130

The Motley Fool

AUGUST 2, 2023

European aviation services company with 55,000 global employees, which selected Dayforce to support its people operations in 35 countries. A leading professional services company with 33,000 employees in nine countries chose Ceridian as its trusted partner for global managed payroll, U.S. In Q2, new customer wins included.

Securities and Exchange Commission (SEC) 165

Securities and Exchange Commission (SEC) Professional Services Accounting Consulting 165

The Motley Fool

AUGUST 28, 2024

The Adecco Group expanded their Data Cloud in the quarter, a great example of a company leveraging its gold mine of data to gain a unified view of its customers. We continue to expect our professional services business to be a headwind to revenue, and we expect deceleration in our license revenue growth in the back half of the year.

Legal 130

Legal Companies Leveraging Professional Services 130

The Motley Fool

MAY 1, 2024

A global analytics professional services company with over 35,000 employees in 40 countries expanded its Dayforce use to 6000 U.K. We have our early customers leveraging it with their customers, uploading documents so they can see the answers that are oftentimes buried in different documents, as I mentioned, to be able to answer it.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Professional Services Banks Accounting 130

The Motley Fool

MAY 3, 2024

See the 10 stocks *Stock Advisor returns as of April 30, 2024 Consistent with previous reporting practices, adjusted production numbers cited in today's call are adjusted to exclude non-controlling interest in Egypt and Egypt tax barrels. The total after-tax impact of these items on adjusted earnings was $88 million or $0.29

Debt 130

Debt Mergers and Acquisitions Capital Assets 130