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Q: Comments on the quarter?
Asked by Joe on August 07, 2025
5i Research Answer:

Bookings at $693 mln came in uner expectations which markets didn't like. Otherwise, revenue of $736 mln was ahead of estimates at $712.9 mln. EPS was just shy at $0.41 vs $0.42 expected. Backlog was up 9.9%. The CEO is now stepping down as of this past quarter and the CFO will act as interim CEO as well. It was an 'ok' quarter but also not much that stood out in terms of positives.