Dafinchi AI

SAIC

Technology

Management highlighted delays in government funding and increased scrutiny as key factors impacting on-contract revenue growth.
The company experienced a 2.7% revenue decline in Q2 2026, primarily due to slower conversion of opportunities into revenue.
Delays in new business awards and increased program disruptions are contributing to the revised revenue outlook for FY 2026 and FY 2027.
Management expects these headwinds to be temporary, but they have led to a strategic shift towards cost efficiency and portfolio acceleration.
The company is preparing for a prolonged challenging environment, with a focus on maintaining margins and shareholder value despite revenue headwinds.

INTA

Technology

Intapp discussed the upcoming QC 1000 accounting change as an opportunity for growth in compliance solutions.
Regulatory frameworks in different jurisdictions are evolving, creating a need for specialized, compliant AI solutions.
The company is actively updating its platform to meet new regulatory standards, which is expected to support future growth.
Firms are increasingly relying on Intapp's industry-specific solutions to navigate complex regulatory environments.

ASAN

Technology

Core customers (spending $5,000+) grew revenues by 12% year over year, representing 76% of total revenues.
Customers spending $100,000+ grew 19% year over year, with 770 such customers in Q2.
Dollar-based net retention rate (NRR) was 96% overall and for core customers, stable from last quarter; $100,000+ cohort NRR was 95%.
Gross margins held steady at 90%, with adjusted free cash flow of $35.4 million (18% margin).
Non-GAAP operating margin expanded by nearly 1,600 basis points year over year to 7%, above guidance range.
Q2 revenues reached $196.9 million, up 10% year over year, exceeding the high end of guidance by 1%.
R&D expenses decreased 16% year over year to $47.7 million (24% of revenue); sales and marketing expenses down 3% to $88.2 million (45% of revenue).
Share repurchases totaled $27.8 million, buying back almost 2 million shares at an average price of $14.20.

PSTG

Technology

Annual recurring revenue (ARR) increased 18% to $1.8 billion.
Free cash flow was $150 million, with a 17.4% free cash flow margin on revenue.
Gross margin remained strong at 72.1%, with subscription gross margin at 76.5% and product gross margin improving to 68%.
Operating profit was $130 million with a 15.1% operating margin, above expectations.
Q2 revenue reached $861 million, growing 13% year over year, exceeding guidance.
Remaining performance obligations (RPO) grew 22% to $2.8 billion, with 21% growth exiting Q2.
Subscription services revenue grew 15% year over year to $415 million, representing 48% of total revenue.
US revenue grew 7% to $577 million; international revenue grew 26% to $284 million.

GPRO

Technology

Adjusted EBITDA improved 83% year-over-year to negative $6 million.
Cash flow from operations increased to $9 million from $1 million in Q2 2024.
Gross margin improved to 36% from 30.7% in Q2 2024, the highest since Q3 2022.
Inventory decreased 12% sequentially and 30% since Q4 2024.
Non-GAAP EPS loss improved from negative $0.24 to negative $0.08 year-over-year.
Non-GAAP operating expenses decreased 32% year-over-year to $63 million.
Q2 2025 revenue was $153 million, 6% above the midpoint of guidance.

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