ISDR - Earnings call transcript Q2 2024

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Preston Burnett

Ladies and gentlemen, thank you for standing by, and welcome to the Issuer Direct Corporation Second Quarter 2024 Earnings Conference Call. My name is Preston Burnett, and I am the Director of Operations here at Issuer Direct. I have been with Issuer Direct for almost 17 years, leading an amazing team of editors, compliance professionals and customer experience, rock stars. Like my fellow employees doing this in previous quarters, having myself on this call is our way of ensuring our shareholders to know all of us here at our company.

Over the years at Issuer Direct, I've had the privilege of witnessing our transformation from a privately-owned firm to our current status. What began as a company offering EDGAR filing services has evolved into one of the select few global newswires, distributing news worldwide to top media outlets. my how see has in Executive where that it see more and the Officer, to the Officer, said, to introduce Steve well excited we'll is Chief Brian amazed Balbirnie; our and as evolved company even future. With company's as I'm Founder to our Chief Financial pleasure be going Knerr.

may or that over company's statements other forward-looking construed as I'd be like to you will and factors, operations company call. discussed materially are said, the a supplementary abbreviated ongoing Before call harbor from The revenues, informational Balbirnie, and uncertainties remind and involve performance in information concerning I economic provides company's cause that results by which and may is purposes to results financial data implied also presentation believes made results Brian product you turn or useful concerning events the risks, this known such to of conference the other actual from any prediction to Mr. releases, for unknown statements. Non-GAAP partnerships provided that Brian? the be only. With position, those like safe call differ of may non-GAAP conditions, statement. I'd future statements read which the markets, operations, statements, future on expressed

Brian Balbirnie

your to Thank growth Issuer how you, express Preston. dedication and continued you, can't we are grateful at Direct. I here

XXXX and that been company. at to that department greetings, you've I today built said, you, honored don't where Very shareholder, employee discuss do joining with second impressed that has a of. with part As retrospect, for and you Pete. With and quarter passion, a process company's growth the Thank thank been to we product day. us a results. you're am here I you this federal think not headed the your there everyone, or have every In

takeaways and provides revenues show to release, the for don't about of been quarter is it, released has half a our and line key at accessible there's just Anderson top which here. first lot performance about but press Our and know excited be XXXX. I

we the XX amazing the Directors be prompt already to the long-term new which of he's years is an management what and business. having making, out marketing exactly years need of Our fast-changing moving be resume forward. Joe no on our part industry. in ago of our helping company and is not served first is of to SaaS CFO Pollard positioning, strategy, doing Accesswire. news We and post and the be well will Committee. Chairperson and remain a has was excited have Staples the helpful Joe of Board of right Audit to decision Graeme Chairman. market Rein the impact several could industry distribution I and been extremely about acquisition was will Board over on gate, Wes in company's the stranger what Issue Direct, more the an the executive, BXB as market

some at point extensive platform the the in our team, industry. in next thank who our year we're meeting, experience in for business to candidates X-person confident a where or been headed. product by shareholders other time will management an and expand annual our I have of Board, to seeking we that and end As want look the have year's our

narrative correct, what about business. regain indicators was we're we about talk industry the in to volumes about be quarter, what previously. we to year we've doing half to trajectory. our second the leading of in the did talked impacting Last as and business going great how The it insulate packful many and is you things growth the the And we position or talked ways,

XX% second happy basis, are coming As you call, share for and large in This Coming were XX,XXX. market. Average half brands and contracts year-over-year XX% our from up, higher revenues the solidifies the a result prior were coming price a more with up we Customer showed Volumes about nice to talk result a also from and add-ons. today. X% insulate Later on upmarket XX% discuss later, strategically-positioned in the in quarter. of the our our X% future. There's did customers, spends of and quarter. in signs several things recovery distribution news we is accounts where year the and growth as we to lot what to look distribution combined about sequentially. the will move over talk position well the grew how correct customer we in and did at will sequentially, in the

turn Steve quarterly over the the Steve? highlights. to I'll to So call cover

Steven Knerr

Thank and Brian, everyone. afternoon, you, good

of the of we during respectively, Brian ACCESSWIRE revenue a million, now of with of the and the first quarter. we XX% was half X and also compared results second quarter, period XX% decrease revenue to million over of As increasing first mentioned, in and XXXX, are which and months was the $X the some second $XX.X of XXXX. Total for by first $X.X XXXX. quarter million I will the $X.X rebound or achieved same encouraged other the volume the quarter highlight XX% second million

in XX, June stream. the For revenue a to decrease our attributable decrease the compliance from X revenue XXXX, months is ended

and X is the streams. ended revenue to June Compliance our for attributable XX, XXXX, the months Communications in both revenue However, decrease

flat XXXX for QX business Communications Our XXXX. compared QX to was

year half XXXX, a to distribution Newswire the of X% brand. million of half decrease volume revenue news compared or the $X.X first to decreased in in of related our half decrease the the primarily first for For The was Communications first XXXX.

to first our year a decrease this testing and events occur that in in large last due not had business we web did Additionally, but year. of a the conference occurred quarter

compared a and XX% for $X.X months occur revenue XX, respectively, fulfillment and and the and few the decrease compared XX% quarter. Communications XX% our in significant As XXXX. The which quarter total transactions, XX, as due noted XX% of the XX% million the distribution and XXXX, represented and to period were primarily ACCESSWIRE lower half for of services a proxy XXXX, same from year. year-over-year first were the XX% revenue the revenue months print the for and June first million during to from $X onetime ended not brand decreased current respectively related news X Compliance year-over-year comparably earlier, of volumes X revenue during decrease X occurred the was same XXXX, XXXX. of quarter to second to and however, during did period ended or X in June flat second or

fluctuate a our during from agent actions because services transfer to the are due from project a in dependent margins. on from decrease in quarter-to-quarter Additionally, decrease and Revenue services revenue tends two corporate to period. we these experienced and gross based they market directives activity. Switching to over

first was million the respectively. of and for or million of and XX% $X X of or the half margin $X.X the is gross $XX.X This to second XXXX a quarter decrease and year. for of the million QX prior periods months and overall Our XXXX, $X.X million XX% same compared

X same XXXX. XX% and period ended the XXXX, June to both attributable increased was XXXX. were to the editorial percentages of prior for revenue. to same June Compliance and XX% XXXX, However, gross our XX% due Communications compared X of XX% decrease This XX, for consistent and XXXX, XX% smaller primarily the XX% XX% ended margins of proxy XX% margin agent at transfer compared of margin and our year. and periods months and on and decreased for during XX, to from our periods compared lower Gross distribution and business months to X primarily This XX% to costs. Gross the slightly lower and optimization for the fulfillment X projects June XX% margin the XX, to print months is XX% the and for relatively business same and lower staff X from percentage ended X

operating resignation same and $X.X posted XXXX, The period operating The during commissions. On X ended $XXX,XXX costs and million income in compared June million Sales $XXX,XXX to decrease a months recognized of during in in XXXX. income $XXX,XXX income. respectively, expenses. due expenses the decrease operating $X.X or XXXX, Moving nonrecurring and QX significant income benefit for half reduction $X.X is result XX, flat and primarily of year. Operating Executive compared and in million lower for expenses to $X,XXX expense QX XXXX We X% XXXX. as QX with lower prior transaction of $X.XX decline as an reversal a income a of integration XXXX. operating marketing net revenue, print GAAP to headcount Officer, the of income diluted for the X for proxy and to to compared associated net to compared the of or per to of of G&A specifically onetime XX% the primarily XXXX of and the sales basis, first from XXXX were $XXX,XXX and share related the the stock we QX decreased compensation the was well of due projects of or previously reported decreased of to in

net per For $XXX,XXX share to the during per prior diluted or income compared a of year. million reported we of $X.XX $X.X share first half $X.XX diluted the or net of loss XXXX,

or for to in or some for the $X.X $X XX% half We revenue million million XXXX non-GAAP of million compared to metrics. income the XX% XXXX. Switching revenue of statement. XX% was EBITDA compared to $X.XX $X.X half compared half XX% diluted of sheet per same revenue revenue of and million or million share XXXX for for share. $X.X same of first EBITDA the and diluted million over revenue and or generated or diluted for during million Looking $X million and or quarter of per of $X.XX share first $X.X or and $X.X of of same million period second or revenue flow QX of or XX% XXXX. Adjusted XXXX period the the or XXXX. Non-GAAP or $X.X EBITDA second and $XXX,XXX $X.X revenue balance $X.X XX% million million first of quarter the of and XX% of of and XX% the and $X period net to revenue diluted $X.XX share cash to per of was $X.XX of per

the who Brian, for million from now the balance, over flow will will half print half on the certain to as the months $X.X the June same suppose in flow onetime were of $XXX,XXX of more well as We prior to significant primarily turn operations XXXX. The XX, from second primarily over proxy experienced operations XXXX. revenue next expect have second quarter. back increased negative we is quarter $X year. of to for million the In $XXX,XXX is and to it required revenue we first recognize customers, which due Brian? updates compared deferred business, XXXX timing details million cash cash decline second in generated which we $X.X cash year of of XXXX. I and the and Our for the the are of projects X% payments, everything excited flow for about, else year-over-year of of volumes statement, things to as XX other our planned provide some on we the periods the

Brian Balbirnie

helped our That's spoke the to an several annually growth subscription Thank enterprises we're in customer $X,XXX David's same XX% platform we you, last year-over-year our year's call, to and use BlackBerry, period. business. our quarter, other Steve. Bridal where the Communications growth brands $XX,XXX our At which to customers count platform, compared seeing to for the beginning like of large beginning about subscribing

year Now we began what moved $XX,XXX at a of number selling $X,XXX This XXXX. context, like a by a years QX was quarters essentially we should and when ARR out Platform level ago, ID couple guided around put customer. higher, this has subscriptions averaging year a a of couple were to we $X,XXX in back, this

next things as pivot where business. you our exciting a on are be quarter we to this dollar to have subscription-first focused out critical other retention and will metrics we some moving We round on rate, share our net MRR, churn to we with metrics

our platform, quarter Speaking we X% the customers year-over-year. ended to up of X,XXX with subscribing subscriptions,

on launched and pilot. but offerings opposed our bundled prior we've I utilization lot has a new given here that in points a customers this a where have we of At added you -- a to needed full spends subscriptions. There the we customers of discussed about in data were guide the to the beginning selling, want There's of XXX increased QX, majority will their current MRR we're these we I that began However, more about, calls. the talk pilot to headed. month And new quarter. subscribing of to this begin business lumpy shift us

experience our to So is success, new map. Even illustrate we what to future, the back might details going help be doing of we in be committed though on so responsible will half of customer to we our further $XXX,XXX to per still these improvements business. build of including will our In leverage driving organizations who have about created newly since and important back because that training, we will created forward. Also approximately product product to This QX, built containment drive road and our need two disclosing new see quarter. will product on teams to we're pop cost our reporting the call, we year, savings of the where we're the it in we new quarter have in and organization customer much the company. onboarding, next team new learnings a supporting for needs be

shock is but approximately $XXX,XXX be and end brand, been in headcount but quarters presentations time our set our and organization said alignment began I've has our business scalable and it's in to time $XXX,XXX further move in much prepared year. briefly very of of won't focused This try vendors served highly nostalgic, us management be the of XXXX, business. this DNA it has our team our everyone. further to finding of future by to most us focus our free. Not and it well. systems, matured, Our grown part platform compliance our in a Communications our has regulatory by on so a to and for prior What it's to streamlining also savings and the for

scale, and provide one us of out to as improved fully the and develop from around beginning and through a revenue be platform to we process as the ultimately, a the relations of We put margins, gross new are trying the efficient time model. ability are Compliance a details sell relations further process will line as by position monthly us to treatments lot There's communication business technology to the a year public to investor establish well to company. This focus to one leverage figure a but team reoccurring accounting business. in streamlined end work a

industry execution, that proper KPIs afford whereby will our to cap appreciation valued balance that the the our fundamental go renewed focus and that Debt undervalued. will be aligned a seasonal many with today's other as as we'll company's With will we have. It pin is on well market sheet, ISDR also lumpy revenues into shareholders is mutually be the on value. see as this based comps directly understood factors what investors ultimately

those we the earnings derive shares cap value and intend our hit, execution our in in based past, the we forth. Like to of clear set common forward, investors growth, believe will the got power on when targets Going aligned. KPIs market

a that. I December to relationship. entered which was full would million into $XX paid hit Going to commercial and XXXX. forward, initially these benefit from our be speak loan, briefly about mature in get banking set will we targets by all like again, We will and to term

full we and subscription, million periods its the of a than business balance. giving headroom leverage the As comparative way. Steve an of of to end $XX of fixed loan exit the to we the way to term asset the and earlier paving be is of transition This news business a into debt-free a the business, unlock shareholders, and the this had the that a on great modify X Management to thus QX, we'll entered and a believes be highlighted in and the bit for Compliance amendment approximately covenants, thoroughly. of will company the planned. Based company revenues the originally portion be almost years its to for value charge meaningful in more ratios. business able able the

onetime this a a couple However, the were messaged things. that's operations as everyone from here not flow a to revenues the I'd baked the as and last quarters delivered analyst to decrease decrease into well address for ended consecutive driving anyone. Two, quarter in year, in cash that like number. were of XX our forecast well One, that QX. This to we as projects in overall should come of year have surprise

and back QX up it another in string pick will quarters. of rebuild We consecutive

MRR debt, help customer will Moving an to receivables credit our bad business and model age risks.

setting objectives full any pivot, it we're other XX would years, customers, we is our and strengthened summary, the the subscriptions having for a The and So to and business increased revenues. why added nice it long management our where business and what do. In in happy our are But to lastly, sights distribution PR see know this headed. the doing honestly, Board and new SaaS like help will we done us volumes term long almost customers and can Subscription have team need have banking run. And been continue news Street. relationship. MRR We

years on plan working a become have we're almost We debt-free earlier originally planned. to than X

As quarter. always, nice for with and Q&A discussing call. go Operator, time with the it the our today second please results of the you spending was ahead portion

Operator

There Instructions] questions We with the have do question from at no Brock one CleverInvesting. appear [Operator be to moment. Erwin

Brock Erwin

buy raise So allocation thoughtful we capital past, you've want in pretty been I take know debt. on went to when shares. the some to back money, Maybe to about

seriously such the now, given at low wondering you I'm at back trading stock Just considering shares a aren't this value is buying if price.

Brian Balbirnie

to good there to you calls. we consider plan, likely we we pay past, shares at in to covenants. If continue in to service way presentations talk to the That's continues to something in to levels we when done the our question. cash again. ratios dollars I tell likely generate million is retired back get bank and continue other of years a would And generating past bought investor objective to that our past. that I program. full discussed in these look we've past and levels Like in time Brock, at years would the attention the the and cash we meet quarterly seriously today stock a main several happens if that or think debt you nice past, excess and openly are same our to of we've had repurchase back

potential of and significant on that's are that to of folks all benefit values right in disposal is as things the -- to may we portion a being of to definitely result know the repurchase. in surely and Those it. part at looking of a time. debt has of that's open stock know want many so business you discussed up And But Any are and cure, repayment a the us, Board end our Compliance discussion those the at. and based what for assets do past something

Brock Erwin

what bank program like your just even like you thoughts targets I for all that? don't I on obviously, your It and stuff. Okay. are sounds there need comply little some seems are a are could What generation, it nice. but know be cash to covenants, But with that mean, buyback

Brian Balbirnie

board. like we I employees the the the what I of right? equally don't be customers our debt, said, exactly and business kind and to with continue fair areas don't business I can to invest I that I to told your think grow appreciate comment necessarily you tough and and I you. disagree, right? in I I about thing. to It's think it, that can. objective disagree service and shareholders you, is mean, And say I across our main all our to the

a shares shares as allocation in to in has and I do continue way many shareholders moved to past them. of one It of repurchasing great to story. we for proved evolve It's it. view as We've shareholders is approach, capital new the of kind us. helped other the so past blocks the multipronged a well And

guess kind that's comment, I of will, fair So we can, ending a statement. the if we if

Operator

Northland Your Grondahl next question is with coming from Mike Securities.

Lucas John Horton

This there actually got Mike. I the is for Lucas end. just at disconnected on

it bounce a at was is just throughout all. repeat kind from great going to expecting this flat volumes, about back I last if quarter's But of be the especially to to see apologies say So year. comments the in it's

more Direct wondering if to share market to if just was suite to or a get the competitors of specific kind due new during trying in and sales just directly to the of was product the there market I gain is distribution this sense -- across just Issuer So were up here and hires quarter. was if elevated and this some

Brian Balbirnie

to we Yes. share more has market gain likely increases increases, attributable planned. volume in revenue been which it's and what Definitely result of ahead

You're correct. impact of we quarter, last it articulate talked for That's activity Sales the quarters, very comment your tell would definitely we're The each, a will right? leadership, coming And sales is new activity couple impact, that we've and inbound large getting, came how believe and I I about in in you, don't of a be could statement. fair the that strong is light. I next rate percentages new is teams the on sales from the specifically, an know right. We making how never -- brand market the very right? inbound that now at seen ACCESSWIRE before. is accounts share

that's as highlighted the today. price, drive So helping in call I

the of some ahead doing. accounts. other we year, and mentioned. to end winning to very a of like high probably what level of we that to from good. probably its platform, the of in benefactors things that's here had of which that of We're industry into we're would at pace evolution slowdown said the others and year. seen We smaller that, So what are say right? this We've to will XX% mentioned We're next so early large be I'd to grow, did some even would in in some Media is teens better to exceed the that, the volumes volume compared the you year just competitors, perspective. But close percentages we're Suite, going contribution next impact get The in us, half back a that on the of that. have indicators

on we're us, they're now ended. to all a right And since seeing monitor good something that basis. not we that continue daily QX so and for change really indicators And

Lucas John Horton

touching pricing just it. And yes, Got then Okay. there. on

I wondering kind think the is that in it selling to existing up you was into these I customers? of mentioned larger newer, XX% just onboarding is between quarter. that the was customers? mainly mix due Or

Brian Balbirnie

is still provide new in It's price. We that to Yes, possible, client, best to right? as activity customer at we perceived where points with want higher still best a the definitely want be value the able take combination. we're our quality to and price highest Newswire the distribution price to

sacrifice add-ons other our pricing distribution distribution we last America those broadly Asia add-on want So and of that we don't power world. initiatives, and although higher to the and are are the seeing the of were the to of some current Pac, creativity and targeted quarters. to contracts services Europe prior But more now quarter our in customers than buying benefactors regions then North

So happen as we're that starting of to well. see some

Lucas John Horton

Got Okay. one here. more then And it. just

business of you sort guys it? right How you now? you -- there on that are of guys the in about of out until sell Is the that from the thinking something Or Just metrics valuation process comments for there you number? process out guys that? buyers? about the Is you to get get you and the any interest kind that. Compliance are are looking holding Are to are hoping

Brian Balbirnie

behind we treatment, discontinued process, both kind impact a unpack need got the a be of to lot call, operations of to from the how as done shared we've What exit had to is, a is be business, right? of willing buyer, What to long not and an people. us. bank be the the I that getting mentioned that not made decision move the services to be agreement would Yes, Board could do as as could but from to canvas process would what and what and we'll We're with obviously hire involved. And then this. perspective going pay? a sell We've on the valuation begun well whether or still community accounting going as quarter right? We few a at that to what focus to the talk ultimately, ahead the a a We've need on to this close believe it we that to market interest, have business. to stage, a a we is to key to undetermined it of market we're is folks then the

I So think to efficiently this a period. and should quickly than able do we X-month less be relatively in

has we with is market we end that. then a be year believe able should value So what a of the it being goal the transaction completed if to to before -- or

Lucas John Horton

it. Got

Okay. Makes the Really sequential to XQ. sense. the Congrats nice on quarter. see improvement from

Operator

follow-up Instructions] have CleverInvesting. question [Operator from Brock Erwin We with a

Brock Erwin

I could you generation great. the AImee, that you us curious could on you give for was an And on update content that just if tool be AI product, there's launched? share if any metrics would

Brian Balbirnie

customers firms of One, products. market to the we're about to in little competitors customer fair statistics of be Yes. it's in XX% a the with our areas. competitors customers to the from average production AI a actively AImee which reluctancy in are on seeing do content the industry. There over our AImee bit and so drafting automated PR engine is some chooses. About use shopping, two press in is of currently enhance using as release tool to so, content to write the

grow fine to So that's believe look, that on. I'm with that. something I

a tool else press and to them. That auto a anything their idea is in want year product or map frequency customers for than being our Now to the media pre-write send key opportunity to at do they that and out we pitching something release write pitch from area the and that pitch the we those one, end a reach biggest sent selecting is have can industry automatically as that the of used AImee then And higher in and discuss journalists that database you perspective. schedule schedule a and suite, aim is idea, AImee an road by I'll see service the with at road is product oppose having is, add-on. map production. And as currently two, our of to based writers the by customers journalists our them in product community on AImee the to from the take AI

our that And So at you levels one very at a roll of be to And was subscription revenue. much launch would begin capitalized of Not because the our amount to only to infrastructure cost. drive of that out. we looking that AImee will that X product. area clear it we're was which initiative AI say that of beginning it help revenue-driven we technology introducing I had. Significant

got that's of generate do to then the use start get by and opportunities year. and to subscription what we've of the utilization, end interest exploit cut now revenue, So to get to we're patterns and those intending

Brock Erwin

it. distribute more? it's going to maybe to in deciding to social on you maybe temporary kind other answer. media little in less was news what's a curious mentioned it elaborate great thing what are companies a could is a do the And nature. Got do would you just about over you behavior maybe have wondering on Or shift? Makes going think their of as One slowdown this guess, be feel Obviously, news of changing, maybe your about you you the was causing I customer that? Is is bit I any it's industry for or that idea often of the sense. explain industry but is kind whole distribution. if is the get

Brian Balbirnie

in the is not has a of new a and and Yes. initiatives And constrained educated invest side, slowdown as capital releases. hiring guess Capital historical much not platform where much business item. flow produce flowing you services and press PR technologies the the There's lot The public markets company are promote that. activity M&A. There's of a I'll things. capital on is couple and a and slow give to markets about down my tends drive of contribution to businesses of factual easily. as not that as

is years, look If or to XX constraints, in these back markets every or tends at and economic slowdowns you go uncertainty volumes down. time there that in some slow capital

that does return. It has It So is returned. temporary. always

just producing they Burton-Taylor Gartner, industry concerned that world, their of they're PR They you, relations, replacement doing to over bit. content right? of XX the have they're brand is media last private well. Historically, way, as would a firms you CAGR not I try expect than with, a social at we're return seeing we months of less use to not say So meaning, growing says any tell or work I broader about. The we are have customer one it X the part about business, and reach talk about using less that have the the decreased in of correctly not PR If historically. that or in company side years. the acryonym The likely for they that down last budgets markets. that They're public is probably the and that some retargeting the better It growth. XX or to ads awareness an to at now. X% result largest other as

we're competitors, means volume the that industry are and in the So the incumbents market, moving down in up. moving

well. Kelly in the or that. growth, interested And market the market so our any we're further that satisfied We'll have percentage as is our today the healthy to we call? then new And in with share parties them. take return, continue from questions Jenny, coming when have shareholders we'll from or customers to there markets of fair

Operator

Plant. have Cabot Yes, from another you question do

Unknown Analyst

wondering Brian, was you want the you just provide to quarter. on I more the that congratulate you color wondering pitch if see what with to you the some so is on customers, growth I was when to good just see the you some convert in could conversion color from could long-run just if time when I are. provide to ARR-based provide Really that pivot on pilot model? And gross back just they here. could far. bounce margins the that if for then you in us what this

Brian Balbirnie

competition through And as a Yes. we we'll parts. what going little marketing with question part looks I'm what product first everybody, the sales our it the of And like. what bit to I want and you that to in split question. two say that don't before fair appreciate call. I on we're to doing to going I'm wait the hope And want the I be really sign next a split quarter, into opportunities to give mind, into said with little to I have understand details our to. to two. I'm to And that going that for if is humor, don't

very thoughtful I'm So being there.

one the your calls ML these about customers a call close, of close one SQL takes bit of opportunity? me little question, calls XX% line in allow direct of We're moving into a keeping a closed current can you are about majority with and seeing these it an -- happen mind it how rather. new that of them -- are to latitude part a time in If that. From close to many takes

bought the the and a press buying So we've about as products not way pattern forecast thing of it's built and let's manage. that us and customers a the for say, which on in in difficult release, from a or utilization very are in to been current handle bundle, talked are us, other past, subscription

all barriers. removed element those subscription this So

the that So the clearly, margin and revenue for XX% value, the everybody right? smooth recognize would We gross patterns, understand the MRR cash about recognizes smooth model the customer product. flows in opportunity typical

things we get already to have so leverage the XX and on add marketing we'll over teams established the what some of product be fourth And and add-on months. third honest, be as out different to second, product that the teams will next first, it. And

So that they're have additional suite. be into add proven products to and on ready this already able market we to

going for rather to to substantial. This fair, shareholders looking it and when on And customers next be changer next show industry. a we the something our it's see -- the talk we're it to to our be is So and detail get to call. about in quarter game

Operator

question-and-answer now closing Well, the to remarks. to for would like end this of our I be turn that floor any to Balbirnie session. the Brian At appears over time,

Brian Balbirnie

our you participate to to for and folks and to time calls you with hour-plus us both today follow-up look Thank the assisting to opportunity. that today. forward with our doing interested Kelly the thank for We call Jenny, took you shareholders you.

As minutes, XX always, you EDGAR. the the us. will filed how And be on know XX-Q to within XX reach next to

everything be the night. Have so able we a disclosure you today. Thank to about read of much. good talked full You'll

Operator

conclude conference. This today's very much. you does Thank

phone now your lines wonderful may participation. disconnect for You your a day. at you this time, Thank have and

ACCESS Newswire (ACCS) 8 Aug 242024 Q2 Earnings call transcript