Q: Did 5i have a chance to listen to the conference call from CSU and if so was there anything of note for members to know?Also any insider buying in any of CSU or LMN or TOI? post earnings?
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5i Research Answer:
Of note, CSU said it was not interested in share buybacks as it still had multiple M&A opportunities ahead of it. There was a lot of discussion on AI: how its employees are learning how to use it and implement for customers, how CSU is building products and solutions faster with AI. Customers use CSU for mission-critical solutions and CSU believes this buys it some time in protecting its market. There was a strong start to the year for M&A with $800M in deals, and valuations have adjusted so we would expect a high pace of deals. LMN has seen some minor insider buying so far in March. TOI tiny selling. Nothing from CSU.