Q: Can you comment on their latest earnings, please? They’re still growing, but the share price has declined in the latest year. Is this related to AI threat like the SAAS ?
5i Research Answer:
EPS of 91c missed estimates of 94c; revenue of $1.313B beat estimates of $1.27B. EBITDA of $124.8M beat estimates by 2%. 2026 guidance was affirmed, but does rely on a stronger second half. Revenue rose 15%. EBITDA rose 7.5%. Its decline is likely partly related to the AI threat, part the earnings misses and part concern on the real estate sector in general.