Pence also discussed interest-rate dynamics affecting results, noting total revenue was “down slightly versus prior year due to previous rate reductions made to the federal funds rate,” partially offset by higher client funds. For 2026, the company modeled two more rate cuts and said growth in client fund balances could help offset some of that impact.CFO John Pence reported fourth-quarter total revenue of $39.3 million , up 28% from the prior-year period. Recurring revenue in the quarter increased 18% to $ ...

GoDaddy (GDDY) came out with quarterly earnings of $1.8 per share, beating the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +13.64%. A quarter ago, it was expected that this cloud-based technology products developer would post earnings of $1.5 per share when it actually produced earnings of $1.51, delivering a surprise of +0.67%.Over the last fo ...

Core Viewpoint - MakeMyTrip reported quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.45 per share, but showing an increase from $0.39 per share a year ago, indicating a -6.67% earnings surprise [1][2] Financial Performance - The company posted revenues of $268.85 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 2.99%, compared to $254.52 million in the same quarter last year [2] - Over the last four quarters, MakeMyTrip has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Performance - MakeMyTrip shares have declined approximately 13% since the beginning of the year, contrasting with the S&P 500's gain of 7.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.43 on revenues of $256.02 million, and for the current fiscal year, it is $1.97 on revenues of $1.16 billion [7] Industry Outlook - The Internet - Delivery Services industry, to which MakeMyTrip belongs, is currently ranked in the top 11% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]

Core Viewpoint - Asure Software, Inc. will hold a conference call on May 1, 2025, to discuss its financial results for the first quarter of 2025 [1][2]. Group 1: Conference Call Details - The conference call will be hosted by Asure Chairman and CEO Pat Goepel and CFO John Pence, followed by a Q&A session [2]. - The call is scheduled for Thursday, May 1, 2025, at 4:30 p.m. Eastern time [2]. - U.S. dial-in number is 877-407-9219, and international dial-in number is 201-689-8852 [2]. - Participants are advised to call 5-10 minutes prior to the start time [2]. Group 2: Webcast Information - The conference call will also be available via webcast on the investor relations section of Asure Software's website [3]. - A replay of the webcast will be accessible after the live event [3]. Group 3: Company Overview - Asure Software provides cloud-based Human Capital Management (HCM) software solutions for organizations of all sizes [4]. - The suite of HCM solutions includes HR, payroll, time and attendance, benefits administration, payroll tax management, and talent management [4]. - The company utilizes AI technology to enhance scalability and efficiency in HR compliance services while prioritizing client interactions [4].

Industry Overview - The Zacks Internet - Delivery Services industry is facing challenges due to macroeconomic uncertainty, inflation, and high interest rates, which are affecting the near-term outlook [1] - Escalating tariff tensions are threatening to squeeze both consumers and businesses, potentially leading to reduced discretionary and enterprise spending [1] - Companies in the industry are experiencing increased costs due to aggressive hiring and heavy investments in sales and marketing [1][8] - The industry primarily includes companies offering services via Internet-based platforms, such as food delivery, online travel booking, and web hosting [3] Growth Opportunities - Industry participants like GoDaddy, QuinStreet, and Asure Software are well-positioned for growth due to their adaptation to changing consumer preferences [2] - The rise of smartphones and improved Internet access are creating significant opportunities for the industry, with 4G and emerging 5G technology enhancing user experiences [4] - The shift in consumer preferences towards online services, particularly in food ordering and travel booking, is expected to benefit industry players [5] - Technological advancements, such as smart routing algorithms and real-time GPS tracking, are improving customer experiences and operational efficiencies [6] Challenges - The industry is facing risks from tariff wars, which can indirectly impact revenue growth and margins due to reduced spending from small businesses and startups [7] - Higher upfront costs associated with expansion strategies may hurt profitability, especially in the face of competition from larger tech companies like Amazon and Alphabet [8][9] - The industry's Zacks Industry Rank is 209, placing it in the bottom 15% of nearly 250 Zacks industries, indicating dim near-term prospects [10][11] Performance Metrics - The Zacks Internet - Delivery Services industry has outperformed the S&P 500 and the broader Computer and Technology sector over the past year, rising 17.7% compared to declines of 2.2% and 7.6%, respectively [15] - The industry is currently trading at a forward 12-month price-to-sales (P/S) ratio of 1.63X, significantly lower than the S&P 500's 4.37X and the sector's 4.92X [18] Company Highlights - **GoDaddy**: Engaged in domain registration and web hosting, benefiting from strong momentum in its Applications & Commerce business and expanding global footprint [23][24] - **QuinStreet**: A provider of online direct marketing services, positioned to capitalize on the shift to online business models and increasing ad spending [28][30] - **Asure Software**: Focused on human capital management solutions, driving growth through new client additions and innovation in its offerings [33][34]

Financial Data and Key Metrics Changes - Total revenue for 2024 increased modestly to $119.8 million, with a 17% increase excluding ERTC revenues [10][23] - Recurring revenues grew by 15% year-over-year, now representing 96% of total revenues compared to 84% in 2023 [11][40] - Fourth quarter total revenues were $30.8 million, a 17% increase year-over-year, while recurring revenue rose by 14% [23] - Gross profit margin for the fourth quarter remained stable at 68%, while full-year gross margins decreased to 69% from 72% [26] Business Line Data and Key Metrics Changes - Payroll tax management product significantly contributed to revenue growth, alongside recent acquisitions [12][24] - Revenue growth was also noted in payroll, time and attendance, and benefits groups, with strong performance from the new insurance offerings [25] - The 401(k) product saw an 86% increase in new bookings compared to the previous year, with a strong contracted backlog growing 17% since the last quarter [18][40] Market Data and Key Metrics Changes - The company anticipates continued growth in the payroll tax management business, with a robust pipeline of enterprise deals [48][78] - The demand environment remains stable, with ongoing hiring trends despite economic volatility [73][76] Company Strategy and Development Direction - The company is focused on replacing one-time ERTC revenues with higher-value recurring revenues through organic growth and acquisitions [11][19] - A multiyear agreement was signed with a leading firm to resell payroll and payroll tax management solutions, enhancing market reach [20] - The introduction of innovative products like AssurePay and the AI agent Luna aims to improve client experience and operational efficiency [16][37] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about entering 2025, highlighting strong momentum and a focus on cross-selling and enhancing attach rates [39][40] - The company is preparing for potential economic headwinds but remains confident in its growth trajectory and client acquisition strategy [76][81] Other Important Information - The company is in early discussions for a credit facility between $20 million to $60 million to support customer acquisition and potential M&A activities [30][62] - Adjusted EBITDA for the fourth quarter increased to $6.2 million, with a margin of 20%, while full-year adjusted EBITDA was $22.5 million [28] Q&A Session Summary Question: Progress on enterprise payroll tax opportunities and sales team productivity - Management reported good progress in enterprise tax sales and noted that the sales team is now fully productive post-ERTC transition [44][50] Question: Importance of closing the credit facility for M&A - The credit facility is crucial for funding customer acquisitions, with most sellers requiring upfront cash payments [56][59] Question: Demand environment and client hiring trends - Management indicated that hiring continues, with a divide between salary levels affecting layoffs, but overall job availability remains strong [72][74] Question: Outlook for Q1 revenue and seasonal business components - Q1 revenue is expected to be flat compared to the previous year, with a conservative approach to professional services [85][90] Question: Details on the SurePay introduction and 401(k) momentum - SurePay is currently being tested with 500 clients, and the 401(k) product is gaining traction as the sales team becomes more specialized [100][110]