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6 LinkedIn Automation Tools for Lead Generation That You Should Try

Everyone needs a source of energy to sustain life and stay productive. A person needs food, cars need fuel, Instagram bloggers need likes, and businesses need leads. But to get such “nutrition”, you need to constantly act: buy food for cooking, come to the gas station, write posts. The same thing happens with leads: to […] Everyone needs a source of energy to sustain life and stay productive. A person needs food, cars need fuel, Instagram bloggers need likes, and businesses need leads. But to get such “nutrition”, you need to constantly act: buy food for cooking, come to the gas station, write posts. The same thing happens with leads: to find them and close a deal, you need to perform an extensive search. Only then you will find the right customers who will be interested in the product and buy it. LinkedIn, a network with 750 million followers, is a perfect place to reach your marketing goals. Let’s talk about LinkedIn automation tools that provide a 24/7 business presence on the site and speed up customer search. .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q1 2022 hedge fund letters, conferences and more LinkedIn Automation: How Does It Function? To “catch” potential customers on LinkedIn, a marketer needs to perform four main operations. They must: visit the profile of a company representative; analyze the page of a potential client; be added to the contact list of an influential decision-maker; send a message that favorably advertises a product or service. LinkedIn automation tools for lead generation streamline these activities by mimicking the behavior of a marketer online. But unlike a human, a program works around the clock. The application not only saves time but also collects valuable information for organizing personalized and meaningful marketing campaigns. Marketers use two types of automation software: Google Chrome extensions and cloud apps. The first ones are downloaded from the Google store, connected to a LinkedIn account, and work on the page. Some robots “act” in real time, preventing a person from using their page. Others work in the background without limiting the marketer’s actions. A program performs tasks according to a given scenario while a user is browsing pages. Cloud applications are installed on the user's computer, but all actions technically take place from a remote PC via the cloud. It turns out that a marketer can work in Belgium, but parse leads from the USA. LinkedIn considers such procedures suspicious, so specialists often have to set up a proxy server so that the cloud and country IP addresses match. Despite technical nuances, such a program will work even when the computer is turned off. Lead generation automation tools “communicate” with contacts by sending them automated messages. Programs allow connecting with thousands of potential customers, which will lead them to purchase products. If you send out so many emails manually, LinkedIn may ban your account due to spam. Automation apps protect you from being blocked and allow you to complete your marketing tasks as rapidly as your company needs. 6 Best LinkedIn Automation Tools for Lead Generation Running a business is easier when a special program takes over lead generation: Marketers are focused on completing sales, and not on finding potential buyers; Programs find customers faster than a human and provide accurate contact details; Managers have time to analyze and compare marketing campaigns; A business is more likely to “hit the target”, expand and scale the enterprise; Programs exclude human errors. “The best”, however, is a very subjective concept. We will try to stay objective when giving an overview of popular lead automation software. Let’s take a look at six platforms with a user-friendly interface, useful functionality, and wide integration with other marketing services. Sales Navigator, An Invaluable Addition To LinkedIn The platform has already taken care of marketers by offering an internal tool for increasing sales - Sales Navigator. It allows you to find customers in your niche, receive important marketing information, and build strong relationships with potential buyers. The peculiarity of the application is that it allows marketers to send up to 30 messages per month to people who are not on their contact list. For users, this is an excellent opportunity, given that the platform has limitations. It is impossible to send messages to users outside your list of contacts. Sales Navigator is also unique because: it allows setting marketing preferences: the company’s industry, location, and size; offers advanced lead search with detailed filtering; helps to quickly find decision-makers in the company, who are more likely to be interested in the product; integrates with CRM to conveniently manage leads; replaces external analytics tools, helping to compare the results of marketing campaigns. Ashley Evans, Global Sales Enablement Director at Transmission, notes the exclusivity of Sales Navigator in his blog. He states that “LinkedIn has transformed SN from simply a hunter/gatherer tool to a very robust piece of martech that should be central to your stack and your strategic planning framework”. More than 3,000 firms use Sales Navigator and speak positively about it. Source: artplusmarketing.com Expandi Cloud Application The creators of the program call Expandi one of the safest applications for working with LinkedIn. The developers have limited the number of simultaneous connection requests and provided intervals for sending messages to simulate human behavior. The system offers the function of excluding holidays from the parsing schedule so that account activity does not arouse suspicion. Thanks to such a mechanism, LinkedIn will not ban the account of a marketer. Source: expandi.io Advantages of Expandi: it allows initiating multiple marketing campaigns from one account; integrates with such marketing tools as CRM, Zapier, and so on; has an auto warmup function: the number of daily connection requests and messages depends on the status and “age” of the profile; offers an extended list of filters in the smart inbox for incoming messages; supports dynamic personalization of messages, providing an 83% response rate; provides dedicated and local IP addresses to work from the same country. All this makes Expandi one of the best tools for growth marketers, recruiters, startup founders, and agency owners. The service has performed well and more than 12,000 companies use it to improve their marketing campaign. Phantombuster "Ghost" Assistant Phantombuster is one of those programs that help businesses to develop faster. The application becomes a "deputy" marketer on the LinkedIn network with one difference: it works around the clock. It automatically follows target profiles, likes posts, sends messages at a set interval, and performs other useful tasks. Data collection takes place in the cloud, so the program works even when the computer is turned off. A marketer needs to set the pace and trigger actions once, and they will perform automatically. Application phantoms take on valuable business functions: Network Booster automatically sends a request to establish a connection in a couple of minutes and expands the list of friends on LinkedIn; Profile Scraper extracts useful information from thousands of profiles (name, position, interest in a particular product); Message Sender is responsible for correspondence with first-level contacts; Auto Commenter/Liker comments and likes posts of target customers. These and other features make Phantombuster extremely popular among sales, marketing and development teams around the world. Source: g2.com Dux-Soup Browser Plugin This extremely simple built-in browser tool is suitable for beginners and advanced users who use LinkedIn for business purposes. To collect a client base, you only need to visit the target profiles, and the service will automatically copy them to a CSV file. The plugin will extract valuable information from the pages, such as phone number, email address, company name, location, and other details. Dux-Soup simplifies lead generation in the following way: it forms a database of target customers; downloads detailed information from LinkedIn profiles; integrates with CRM; automates profile visits and communication with customers; launches email and LinkedIn campaigns with active customer support; tags potential customers to keep in touch and know at what stage of interaction the marketer and the client are; supports advanced filtering by keywords (applicant, influencer, CEO, and others). Dux-Soup regularly publishes new user guides. The system takes into account the algorithms and programs for detecting bots, therefore, it guarantees that the marketer's profile will not be blocked. This is one of the reasons why over 70,000 people use Dux-Soup. Judging by the user reviews published on the official website of the service, in some cases, the application increases sales by seven times and provides up to 70% of the responses of potential customers. Source: octopuscrm.io MeetAlfred Professional Networking Tool MeetAlfred also offers secure lead generation automation that is compliant with LinkedIn policies. The program performs standard tasks of marketers such as profile views, sending invitations, and creating and sending personalized messages. The tool allows marketers to: adjust responses to messages from potential customers depending on their content; imitate human behavior so that it would be interesting for the target contact to maintain a dialogue; adhere to business ethics, congratulating contacts from the network on their birthday or professional anniversary; track the progress of the marketing campaign to improve the strategy; adjust the number and frequency of actions with specific clients; manage contacts through the built-in CRM and group them by filters, tags, and notes. MeetAlfread is considered one of the most “responsive” services that stimulate customer interest through personalization. Simple convenient functionality, the ability to save up to 10 hours of working time per week and increase the response rate by 10 times make MeetAlfred an indispensable assistant for more than 80,000 active users. Source: dripify.io WeConnect For Smart Lead Search The creators of the WeConnect cloud tool propose to abandon the mass mailing of invitations in favor of smart customer search. The program allows you to properly build communication depending on the response of a person and increase the percentage of transactions: the platform offers seven ways to interact with customers: invite a contact, report first connections, visit a profile, endorse skills, InMails, send messages to members of groups, auto-subscribe; the program allows you to set up campaigns based on smart sequences. For example, before an invitation, view a profile, like a post, and then send a contact request. If the person accepted it, send a message; if they rejected it - visit the profile and like some posts or a skill; the cloud application has a dedicated IP address and performs actions at a set-up frequency so that LinkedIn does not mistake the marketer's actions for spam. WeConnect supports about 60 features that are constantly updated based on user feedback. Having checked the trial version of the program, more than 4,000 marketers have started to use this tool regularly. Source: pearllemonreviews.co Lead Generation Automation: The Future Of Potential Client Search LinkedIn is a fount of business contacts, a public database waiting to be used. More than 750 million profiles are registered on the platform with detailed indications of the place, industry, position, and other data. The percentage of responses to letters sent via the business network is 300% higher than by email. In addition, LinkedIn states that 50% of platform members are more likely to buy a product from a company they interact with online. The possibilities for building relationships with clients are endless. The main thing is to use these opportunities correctly to build a win-win marketing strategy. For example, using a suitable automation tool such as Sales Navigator, Expandi, Phantombuster, Dux-Soup, or others. A program will help you to find thousands of potential customers, without the need to contact each of them. Thus, you won’t lose them among numerous contacts and bring a lead to a purchase. It would take at least half a year to do this manually, given that LinkedIn allows you to send out up to 100 invitations per week. Marketers are often ahead of their sales schedule because LinkedIn automation tools find relevant customers. Using a cloud assistant and browser plugins, managers fill a sales funnel with quality leads who are more likely to buy products. Thanks to automation software, this work takes less effort than with the standard approach. Marketers have more time to think through the strategy: how to communicate with people so as not to put them off. With the help of automation platforms for lead generation, sellers will attract more leads and accelerate business growth. About the Author My name is Alexandr Khomich, and I data with a diverse set of interests across machine learning, finance, and technology. Currently, I work as a CEO at Andersen. Being a part of the IT family for years, I aim at transforming IT processes in support of business transformation. Updated on Jun 24, 2022, 3:15 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJun 24th, 2022

6 LinkedIn Automation Tools for Lead Generation That You Should Try

Everyone needs a source of energy to sustain life and stay productive. A person needs food, cars need fuel, Instagram bloggers need likes, and businesses need leads. But to get such “nutrition”, you need to constantly act: buy food for cooking, come to the gas station, write posts. The same thing happens with leads: to […] Everyone needs a source of energy to sustain life and stay productive. A person needs food, cars need fuel, Instagram bloggers need likes, and businesses need leads. But to get such “nutrition”, you need to constantly act: buy food for cooking, come to the gas station, write posts. The same thing happens with leads: to find them and close a deal, you need to perform an extensive search. Only then you will find the right customers who will be interested in the product and buy it. LinkedIn, a network with 750 million followers, is a perfect place to reach your marketing goals. Let’s talk about LinkedIn automation tools that provide a 24/7 business presence on the site and speed up customer search. .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q1 2022 hedge fund letters, conferences and more LinkedIn Automation: How Does It Function? To “catch” potential customers on LinkedIn, a marketer needs to perform four main operations. They must: visit the profile of a company representative; analyze the page of a potential client; be added to the contact list of an influential decision-maker; send a message that favorably advertises a product or service. LinkedIn automation tools for lead generation streamline these activities by mimicking the behavior of a marketer online. But unlike a human, a program works around the clock. The application not only saves time but also collects valuable information for organizing personalized and meaningful marketing campaigns. Marketers use two types of automation software: Google Chrome extensions and cloud apps. The first ones are downloaded from the Google store, connected to a LinkedIn account, and work on the page. Some robots “act” in real time, preventing a person from using their page. Others work in the background without limiting the marketer’s actions. A program performs tasks according to a given scenario while a user is browsing pages. Cloud applications are installed on the user's computer, but all actions technically take place from a remote PC via the cloud. It turns out that a marketer can work in Belgium, but parse leads from the USA. LinkedIn considers such procedures suspicious, so specialists often have to set up a proxy server so that the cloud and country IP addresses match. Despite technical nuances, such a program will work even when the computer is turned off. Lead generation automation tools “communicate” with contacts by sending them automated messages. Programs allow connecting with thousands of potential customers, which will lead them to purchase products. If you send out so many emails manually, LinkedIn may ban your account due to spam. Automation apps protect you from being blocked and allow you to complete your marketing tasks as rapidly as your company needs. 6 Best LinkedIn Automation Tools for Lead Generation Running a business is easier when a special program takes over lead generation: Marketers are focused on completing sales, and not on finding potential buyers; Programs find customers faster than a human and provide accurate contact details; Managers have time to analyze and compare marketing campaigns; A business is more likely to “hit the target”, expand and scale the enterprise; Programs exclude human errors. “The best”, however, is a very subjective concept. We will try to stay objective when giving an overview of popular lead automation software. Let’s take a look at six platforms with a user-friendly interface, useful functionality, and wide integration with other marketing services. Sales Navigator, An Invaluable Addition To LinkedIn The platform has already taken care of marketers by offering an internal tool for increasing sales - Sales Navigator. It allows you to find customers in your niche, receive important marketing information, and build strong relationships with potential buyers. The peculiarity of the application is that it allows marketers to send up to 30 messages per month to people who are not on their contact list. For users, this is an excellent opportunity, given that the platform has limitations. It is impossible to send messages to users outside your list of contacts. Sales Navigator is also unique because: it allows setting marketing preferences: the company’s industry, location, and size; offers advanced lead search with detailed filtering; helps to quickly find decision-makers in the company, who are more likely to be interested in the product; integrates with CRM to conveniently manage leads; replaces external analytics tools, helping to compare the results of marketing campaigns. Ashley Evans, Global Sales Enablement Director at Transmission, notes the exclusivity of Sales Navigator in his blog. He states that “LinkedIn has transformed SN from simply a hunter/gatherer tool to a very robust piece of martech that should be central to your stack and your strategic planning framework”. More than 3,000 firms use Sales Navigator and speak positively about it. Source: artplusmarketing.com Expandi Cloud Application The creators of the program call Expandi one of the safest applications for working with LinkedIn. The developers have limited the number of simultaneous connection requests and provided intervals for sending messages to simulate human behavior. The system offers the function of excluding holidays from the parsing schedule so that account activity does not arouse suspicion. Thanks to such a mechanism, LinkedIn will not ban the account of a marketer. Source: expandi.io Advantages of Expandi: it allows initiating multiple marketing campaigns from one account; integrates with such marketing tools as CRM, Zapier, and so on; has an auto warmup function: the number of daily connection requests and messages depends on the status and “age” of the profile; offers an extended list of filters in the smart inbox for incoming messages; supports dynamic personalization of messages, providing an 83% response rate; provides dedicated and local IP addresses to work from the same country. All this makes Expandi one of the best tools for growth marketers, recruiters, startup founders, and agency owners. The service has performed well and more than 12,000 companies use it to improve their marketing campaign. Phantombuster "Ghost" Assistant Phantombuster is one of those programs that help businesses to develop faster. The application becomes a "deputy" marketer on the LinkedIn network with one difference: it works around the clock. It automatically follows target profiles, likes posts, sends messages at a set interval, and performs other useful tasks. Data collection takes place in the cloud, so the program works even when the computer is turned off. A marketer needs to set the pace and trigger actions once, and they will perform automatically. Application phantoms take on valuable business functions: Network Booster automatically sends a request to establish a connection in a couple of minutes and expands the list of friends on LinkedIn; Profile Scraper extracts useful information from thousands of profiles (name, position, interest in a particular product); Message Sender is responsible for correspondence with first-level contacts; Auto Commenter/Liker comments and likes posts of target customers. These and other features make Phantombuster extremely popular among sales, marketing and development teams around the world. Source: g2.com Dux-Soup Browser Plugin This extremely simple built-in browser tool is suitable for beginners and advanced users who use LinkedIn for business purposes. To collect a client base, you only need to visit the target profiles, and the service will automatically copy them to a CSV file. The plugin will extract valuable information from the pages, such as phone number, email address, company name, location, and other details. Dux-Soup simplifies lead generation in the following way: it forms a database of target customers; downloads detailed information from LinkedIn profiles; integrates with CRM; automates profile visits and communication with customers; launches email and LinkedIn campaigns with active customer support; tags potential customers to keep in touch and know at what stage of interaction the marketer and the client are; supports advanced filtering by keywords (applicant, influencer, CEO, and others). Dux-Soup regularly publishes new user guides. The system takes into account the algorithms and programs for detecting bots, therefore, it guarantees that the marketer's profile will not be blocked. This is one of the reasons why over 70,000 people use Dux-Soup. Judging by the user reviews published on the official website of the service, in some cases, the application increases sales by seven times and provides up to 70% of the responses of potential customers. Source: octopuscrm.io MeetAlfred Professional Networking Tool MeetAlfred also offers secure lead generation automation that is compliant with LinkedIn policies. The program performs standard tasks of marketers such as profile views, sending invitations, and creating and sending personalized messages. The tool allows marketers to: adjust responses to messages from potential customers depending on their content; imitate human behavior so that it would be interesting for the target contact to maintain a dialogue; adhere to business ethics, congratulating contacts from the network on their birthday or professional anniversary; track the progress of the marketing campaign to improve the strategy; adjust the number and frequency of actions with specific clients; manage contacts through the built-in CRM and group them by filters, tags, and notes. MeetAlfread is considered one of the most “responsive” services that stimulate customer interest through personalization. Simple convenient functionality, the ability to save up to 10 hours of working time per week and increase the response rate by 10 times make MeetAlfred an indispensable assistant for more than 80,000 active users. Source: dripify.io WeConnect For Smart Lead Search The creators of the WeConnect cloud tool propose to abandon the mass mailing of invitations in favor of smart customer search. The program allows you to properly build communication depending on the response of a person and increase the percentage of transactions: the platform offers seven ways to interact with customers: invite a contact, report first connections, visit a profile, endorse skills, InMails, send messages to members of groups, auto-subscribe; the program allows you to set up campaigns based on smart sequences. For example, before an invitation, view a profile, like a post, and then send a contact request. If the person accepted it, send a message; if they rejected it - visit the profile and like some posts or a skill; the cloud application has a dedicated IP address and performs actions at a set-up frequency so that LinkedIn does not mistake the marketer's actions for spam. WeConnect supports about 60 features that are constantly updated based on user feedback. Having checked the trial version of the program, more than 4,000 marketers have started to use this tool regularly. Source: pearllemonreviews.co Lead Generation Automation: The Future Of Potential Client Search LinkedIn is a fount of business contacts, a public database waiting to be used. More than 750 million profiles are registered on the platform with detailed indications of the place, industry, position, and other data. The percentage of responses to letters sent via the business network is 300% higher than by email. In addition, LinkedIn states that 50% of platform members are more likely to buy a product from a company they interact with online. The possibilities for building relationships with clients are endless. The main thing is to use these opportunities correctly to build a win-win marketing strategy. For example, using a suitable automation tool such as Sales Navigator, Expandi, Phantombuster, Dux-Soup, or others. A program will help you to find thousands of potential customers, without the need to contact each of them. Thus, you won’t lose them among numerous contacts and bring a lead to a purchase. It would take at least half a year to do this manually, given that LinkedIn allows you to send out up to 100 invitations per week. Marketers are often ahead of their sales schedule because LinkedIn automation tools find relevant customers. Using a cloud assistant and browser plugins, managers fill a sales funnel with quality leads who are more likely to buy products. Thanks to automation software, this work takes less effort than with the standard approach. Marketers have more time to think through the strategy: how to communicate with people so as not to put them off. With the help of automation platforms for lead generation, sellers will attract more leads and accelerate business growth. About the Author My name is Alexandr Khomich, and I data with a diverse set of interests across machine learning, finance, and technology. Currently, I work as a CEO at Andersen. Being a part of the IT family for years, I aim at transforming IT processes in support of business transformation. Updated on Jun 24, 2022, 3:15 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJun 24th, 2022

Reimagining Real Estate Technology

There’s a lot of noise in the real estate technology space today, and tech fatigue is running rampant as brokerages continue to chase the next shiny object and throw significant sums of money at tools that don’t play nicely with one another. A bona fide problem in real estate, this tech fatigue is causing many… The post Reimagining Real Estate Technology appeared first on RISMedia. There’s a lot of noise in the real estate technology space today, and tech fatigue is running rampant as brokerages continue to chase the next shiny object and throw significant sums of money at tools that don’t play nicely with one another. A bona fide problem in real estate, this tech fatigue is causing many professionals to become frustrated with the products and services available to help them succeed. Using anywhere from 10 to 15 different technology products and/or services to accomplish the basics of their day-to-day routine, there’s no denying that brokers and agents are spending too much time, energy and money managing technology vendors, when their time could be better spent helping clients achieve the American Dream of homeownership. On a mission to streamline the experience from beginning to end, Elm Street is doubling down on its commitment to cut through the clutter. Holding true to its vision to provide real estate professionals one centralized dataset, one login and one intuitive dashboard to manage the best-in-class products and services that help organize and prioritize the day-to-day—all while facilitating human connection—Elm Street is reimagining real estate technology as we know it. Members of the executive team, photographed at Elm Street’s corporate office in Frisco, Texas. Front, seated L to R: Bondilyn Jolly, CMO; Jason Lindwall, COO; Sean McGee, CTOBack L to R: Shawn Connolly, GM, Elevate CRM; Prem Luthra, President and CEO All Roads Lead to Elm Street Elm Street was founded to provide the real estate sector and beyond with a creative, thoughtful technology toolset designed to help professionals initiate conversations and foster business relationships. Committed to providing the science, technology and thought-leadership to help clients proactively respond to the immediate and long-term needs of their audience, President and CEO Prem Luthra’s experiences ultimately paved the way to the creation of Elm Street. “We want to become an easy button for real estate professionals as it relates to technology and marketing services,” says Luthra. “It’s about making sure that the applications we offer a la carte—or as a bundled solution—are the best that they can be.” And, more importantly, they must work for the customer. “Real estate brokerages are collectively spending upwards of $30 billion a year on tools to make their business more successful, productive and efficient,” says Luthra. “But more often than not, the products aren’t integrated together, and real estate professionals find themselves trying to navigate multiple data entry points, each with its own login credentials.” Servicing an ever-expanding client base of real estate, mortgage and lending professionals, MLSs, associations and technology partners, Elm Street has grown into a North American company employing hundreds of hard-working individuals who serve tens of thousands of entrepreneurs in building their businesses while assisting their clients with achieving their real estate goals through every step of the process. “We aren’t in the technology business. We’re in the business of helping fulfill the American Dream of homeownership,” says Luthra. “We want our customers—agents and brokers—to focus on what they do best: serving the consumer and not worrying about figuring out the tech. By giving them something that works, we’re setting them up to be more productive, efficient and successful.” Prioritizing a People-First Vision It all begins with Elm Street’s belief that real estate is a people-first business, where relationships truly matter. In fact, Luthra and his entire leadership team genuinely care for the brokers, agents and partners they serve. Supporting the real estate process, Elm Street offers technology to organize, prioritize and facilitate human connection. According to Bondilyn Jolly, Elm Street’s CMO, the company’s people-first vision is one of the ways in which Elm Street differentiates itself from other tech firms in the space. “It shocks me that tech companies in the real estate space have such a bad rap,” says Jolly, who goes on to explain that at Elm Street, it’s all about putting people first, listening to the needs/challenges of their audience and providing thoughtful and meaningful tech to overcome those challenges and fulfill those needs. “We’re flipping the perspective of how we approach the needs of our audience by listening to them and putting them first,” adds Jolly. This includes Elm Street’s staff, its clients and partners, and those that they serve. While many companies were busy cutting personnel to stay afloat during the pandemic, Luthra and his team determined how they could go in and reforecast their goals and retain their staff members, supporting their people-first approach. Prem Luthra, Elm Street president and CEO. Elm Street is Luthra’s fourth start-up in the real estate space. “We lost very little of our workforce over the past two years, which is a testament to Prem’s leadership and the vision of our people-first company,” says Jolly, underscoring the importance of placing those who make the company run above everything else. “We need a staff that is not only aligned with this vision, but supports it as well,” says Jolly. “This translates to an audience that understands that we are there to fulfill their needs, that we have their backs and that we understand what they are trying to accomplish.” Culture ensures that this people-first vision extends across the board. “We are big on culture, and having acquired 12 companies over the past six years, we’ve inherited a different corporate culture with each one,” explains Jolly. “When a company comes into the Elm Street story, they’re more willing to let go of their past stories if they feel that they are truly aligned and supported within the larger story,” she adds. Serving a variety of audiences, enforcing the value of what Elm Street is providing and making sure their partners are getting what they need is mission critical. “We have to understand what is going on down in the trenches, as those customer-support people are our first line of defense,” says Jolly. To that end, having support teams that specialize in understanding the needs/challenges of those particular audiences—and making sure they’re being met—is crucial when it comes to ensuring that everyone is in alignment. Partner Versus Vendor: The Quest to Deliver Meaningful Experiences Elm Street prides itself on its quest to deliver meaningful experiences to those the company serves, which goes a long way in solidifying the company’s vision as an industry partner, rather than a vendor. For Ian Hoover, broker/owner of Deacon & Hoover Real Estate Advisors in Carnegie, Pennsylvania, it’s this distinction that ultimately placed Elm Street above the other contenders being considered for the firm’s marketing needs. “Having interviewed 50 software companies and spending close to 45 hours on this project, once I narrowed it down to my top five, I let the final decision rest in my agents’ hands, because what it truly boiled down to was whether or not they liked the software,” says Hoover. Tipping the scales in Elm Street’s favor was the overall vibe and service provided right from the get-go. “Culture is our No. 1 priority at Deacon & Hoover Real Estate Advisors, and Stephanie Alfonso, one of Elm Street’s regional directors, has always been available to hop on the phone or meet with us via Zoom to answer any questions we may have,” explains Hoover. “She’s constantly communicating with us as to where we are, where we need to be and what we need to do to get there,” adds Hoover, who can’t say enough about the firm’s experience with Elevate, Elm Street’s social media marketing CRM. Members of the Elm Street team enjoying some friendly competition. With offices in Frisco, Eugene, Austin and Toronto, plus teams spread across 20 states and two countries, fostering a work hard/play hard culture is an important part of recruiting and retaining top talent. Offering an advanced CRM, IDX websites, lead generation, marketing automation, a text concierge and automated listing posts directly to social media, Elevate is changing the firm’s social media game. “Elm Street’s focus on social media was one of its biggest draws,” Hoover says. Looking to position the firm as the No. 1 social media brokerage in its market, according to Hoover, the only way to achieve this lofty goal is if everyone contributes. “Social media is the right thing to do,” he notes. “It’s your sphere, your connection and how you build your business.” And thanks to Elevate, each and every one of Hoover’s agents has a robust social media presence, without all the work. With myriad products and services to choose from, the Elm Street family covers all the bases, setting up real estate brokerages large and small for continued success, no matter the market. Carolina One Real Estate, one of the largest brokerages in South Carolina, recently turned to Elm Street in order to beef up their presence and bring their recruiting game to a whole new level. “While we have an internal marketing department focused on assisting with the task of promoting the firm’s 1,000 agents, it became clear that our recruiting division was lacking when it came to electronic touches, email drip campaigns to keep us top of mind and the ability to offer something of value,” says Katie Maus with agent services at Carolina One Real Estate. Looking for a marketing team to create collateral to support the firm’s recruiting efforts, Maus turned to Elm Street’s 3sixtyfive.agency. Even though the partnership is relatively new, according to Maus, there is no shortage of benefits associated with working with the full-service creative and consulting agency. Austin Line, account representative, captured in mid-demo. The Elm Street team is committed to helping prospects and clients explore and select the right products and services to suit their business needs. “What impressed me most about Elm Street is the fact that they don’t operate under a one-size-fits-all philosophy,” says Maus. “They took the time to learn about us and understand our company and its value proposition before turning it into messages and downloads for current and prospective agents that not only look professional, but also like they come directly from us,” she adds. Drilling down even further, Maus explains that working with Elm Street is all about helping build brand awareness and reframing the industry’s perception of who Carolina One Real Estate is. “Having a team that understands digital marketing and can guide us toward creating a successful recruiting program has allowed our internal recruiting division to focus on building relationships and moving the needle in other ways,” notes Maus. From email drip campaigns, content that can be digitally downloaded to digital ads and everything in between, the power of communication and collaboration that Elm Street offers has proven to be a true gamechanger for Carolina One Real Estate. “Not only is the team at Elm Street receptive to our needs, but we also have direct lines of communication open with them,” says Maus. Advancing the Path to Business Efficiency With nearly three decades of industry experience under his belt, Luthra is no stranger to the start-up scene. In fact, Elm Street is his fourth start-up in this vertical that caters to providing technology and digital marketing services to REALTORS®. Having made significant progress over the past six years, Luthra and his team are more committed than ever to reimagining real estate technology as we head toward the future. “Real estate professionals are busy people whose core strength is working with the consumer as they move through the buying and/or selling process. They shouldn’t have to worry about the tech stuff,” says Luthra, who is laser-focused on his commitment to providing real estate professionals an end-to-end platform while taking care of all the hard work that goes on behind the scenes. “We want Elm Street to be the first place real estate professionals login in the morning, and the last place they login at night,” says Luthra. Looking ahead, it’s all about keeping an eye on what’s happening and understanding the tools, resources and tech its clients need in order to move them further down the path of business efficiency. “We’ve done some very aggressive M&A activity over the past six years when we were focused on bringing in best-in-class companies that specialized in very niche or unique areas of our business story,” says Jolly. “Today, we are focused on the simplification of what the experience looks like. This involves taking the best of everything we’ve acquired and layering it into one singular dataset—or one intuitive dashboard—that allows flexibility and customization,” she adds. “It’s been a lot of fun building the business and solving for the frictions that exist in the marketplace,” concludes Luthra. Explore the Elm Street difference by connecting with an Elm Street success coach at elmstreet.com. The post Reimagining Real Estate Technology appeared first on RISMedia......»»

Category: realestateSource: rismediaJun 6th, 2022

Delta Media Announces Delta Pitch—a One-Click CMA

Delta Media Group announces the launch of “Delta Pitch,” a new comparative market analysis tool that allows agents to create a complete CMA in as little as one click, the company says. “Building a custom CMA has never been easier,” said Michael Minard, CEO and owner of Delta Media. “And because Delta Pitch fully integrates… The post Delta Media Announces Delta Pitch—a One-Click CMA appeared first on RISMedia. Delta Media Group announces the launch of “Delta Pitch,” a new comparative market analysis tool that allows agents to create a complete CMA in as little as one click, the company says. “Building a custom CMA has never been easier,” said Michael Minard, CEO and owner of Delta Media. “And because Delta Pitch fully integrates with our DeltaNET all-in-one platform, it will be easy to access for DeltaNET customers,” he added. “Delta Pitch is more than a CMA builder; it’s an entire presentation builder,” Minard noted. Delta Media will host a webinar to showcase its new one-click CMA technology with a Delta Pitch webinar on Wednesday, May 25, at 2 p.m. ET. Delta Media Vice President Franklin Stoffer will review all the Delta Pitch features. Registration is here. Delta Pitch will launch on May 30. Then, in September, Delta Media will roll out its new DeltaNET 7 platform that leverages automation and artificial intelligence to create “the most customizable, most automated all-in-one platform in the marketplace,” the company stated. Minard notes that Delta Pitch “goes hand-in-hand with Delta’s next generation of customizable, automated real estate technology coming this fall.” How Delta Pitch works To create a CMA with Delta Pitch, an agent enters the property address and clicks a link to build a professionally designed CMA. The CMA features white label brokerage branding with comps, recent pending sales, and more. Built on top of Delta’s new AI platform, it will provide all relevant properties and other important information presented in an interactive flipbook, a release stated. Delta Pitch also is integrated into Delta Media’s AVM platform, creating a new lead-generation opportunity. When consumers visit a Delta-powered website and enter a property address, they automatically get an estimate based on current listings in their area. In addition, the system automatically creates a digital CMA, comparable to a flipbook, that agents can then send to the consumer. Other Delta Pitch features include: Customization of comps and templates Ability to add custom pages Automatically created flipbooks with annotations that agents can share with customers Automatically launch Zoom/video calls directly from within Delta Pitch Delta Media reports it has reinvested over $40 million into its technology platform. Delta Media has been family-owned and profitable for over 25 years and is known for its reliability among major real estate technology providers, the company stated. DeltaNET 7 is integrated with Delta Websites featuring Patent-Pending SEO, the Delta Academy training system, and a full stack of digital marketing tools that, along with Delta Pitch, include Ad Wizard, Local Showings, Properties in Motion, and Open House Connector.  For more information, visit deltamediagroup.com. The post Delta Media Announces Delta Pitch—a One-Click CMA appeared first on RISMedia......»»

Category: realestateSource: rismediaMay 19th, 2022

Scale, Stand Out, Expand: How to Use Technology to Accelerate Your Business Growth

What: In today’s tech-forward real estate environment, innovation is at the forefront of a successful business. Leveraging a stack of tech tools and resources can not only improve efficiencies but also help expand your real estate business. What’s more, the right technology can allow you to stand out in a competitive field. In the next […] The post Scale, Stand Out, Expand: How to Use Technology to Accelerate Your Business Growth appeared first on RISMedia. What: In today’s tech-forward real estate environment, innovation is at the forefront of a successful business. Leveraging a stack of tech tools and resources can not only improve efficiencies but also help expand your real estate business. What’s more, the right technology can allow you to stand out in a competitive field. In the next RISMedia webinar, explore the ways in which technology is assisting the savviest agents to scale their businesses and accelerate their own success with Moderator Brian Wildermuth of Deluxe. When: Wednesday, March 16, 2022, at 3 P.M. ET Register now! Sponsored By:   Moderated By:     Moderated by: Brian Wildermuth has spent the past 36 years serving the real estate industry, earning a reputation as an industry leader and innovator. He has held executive leadership positions in the title business, the leading real estate coaching company and a large marketing firm. As an entrepreneur, he built Saas-based SharperAgent from a startup to more than 140,000 users while pioneering marketing automation and omnichannel marketing. He later sold the business to Market Leader/Zillow. Today, Wildermuth leads Deluxe’s Real Estate and Financial Verticals providing branded marketing solutions. Andrew Chishchevoy is co-founder and general manager of Brokermint. He has spent 20 years in pursuit of superior technology experiences with a focus on the customer. In March 2021, BoomTown acquired Brokermint, where Chishchevoy remains at the helm of the operation. He is also an avid real estate investor, with residential and commercial investments in both US and international markets. Dennis Cestra Jr. is a third-generation member of the Howard Hanna Real Estate family. Cestra Jr. is also a member of Hampton Roads REALTORS® Association (HRRA), West Penn Multi-List, Inc. (WPMLS), Virginia Association of REALTORS® (VAR), Pennsylvania Association of REALTORS® (PAR) and National Association of REALTORS® (NAR), and serves on various leadership boards and advisory groups. Erin Cestero, president of JB Goodwin Realtors San Antonio Division, is proud to lead her team of over 375 agent partners committed to helping people. She has consistently received recognition as a Platinum Top 50 REALTOR® in San Antonio, a Top 20 Luxury REALTOR® by the San Antonio Business Journal, PT50’s 2021 Executive of the Year and San Antonio Board of REALTORS 2021 Manager of the Year. Cestero started her real estate career with a goal of improving training and processes in the real estate industry. Each month, RISMedia’s webinars draw more than 1,000 agents and brokers from across the country, eager for exclusive insight from the industry’s most profitable professionals. For a recap of our recent webinar, “Webinar Recap: Lessons in Leadership With Dermot Buffini” please visit RISMedia’s Housecall. To access all RISMedia webinars, please subscribe on YouTube. The post Scale, Stand Out, Expand: How to Use Technology to Accelerate Your Business Growth appeared first on RISMedia......»»

Category: realestateSource: rismediaMar 13th, 2022

33 startup companies that are currently hiring remote workers

From meal delivery service Daily Harvest to video-sharing platform Cameo, more companies are offering positions with remote work flexibility. In amidst of The Great Resignation, 33 companies are rising as the top startups to work for remotely Jessie Casson/Getty Images More people are looking for jobs with flexibility to work from home amid the 'Great Resignation.' LinkedIn recently released its 2021 Top Startups list featuring businesses that are hiring remotely. From Daily Harvet to Cameo, here are 33 companies hiring with remote work availability. Looking for a new gig? You're not alone. 55% of us are planning to find a new job this year, according to a recent Bankrate survey, and the phenomenon even has a name: The Great Resignation. One big reason why many employees are looking to make a change is the need for flexibility - both in terms of hours and working location. Remote jobs typically offer both in spades, and who doesn't love being able to put on a load of laundry between conference calls? LinkedIn just released its 2021 Top Startups list, ranking companies that are providing the benefits and perks employees want most now."In addition to remote and hybrid models, many of the companies are supporting their workers with WFH stipends, increased mental health benefits, virtual trainings, and upskilling opportunities to help people succeed in this new normal," said LinkedIn Senior Editor at Large Jessi Hempel. The majority of the startups listed are embracing remote and hybrid roles. Of the 50 startups, 33 are actively hiring remote roles, and some companies have quite a few jobs available. One of them is Gemini, a next-generation cryptocurrency platform currently hiring more than 325 remote roles. "We see hiring remote employees as an opportunity not only to expand our talent pool but also to expand diversity of background in the crypto industry as a whole," said Gemini's Director of Talent Acquisition Jonathan Tamblyn. "By hiring for skills, knowledge, and potential first rather than geography, we are able to hire employees that represent the populations we want to empower through crypto - particularly women and minorities - who have traditionally been underrepresented in the industry."Another company is Gong, a revenue intelligence platform based in Palo Alto, California, that has more than 425 remote roles open now. "Hiring remotely has enabled our team composition to reflect the diversity of our customers and hire in communities where talented residents want more opportunities to shine professionally," said Sandi Kochhar, chief people officer at Gong. Here's a look at all of the companies from the recent LinkedIn Top Startups list that are hiring remote positions. Good luck! You got this! BetterBetter is a fintech company located in New York City aiming to improve the home buying and financing process. Remote jobs available include mortgage underwriter, senior UX writer, and creative designer.GlossierGlossier is a makeup and skincare company based in New York City that was started by beauty editors and is primarily direct-to-consumer but has a growing physical footprint. Remote jobs include lead front end engineer and creative operations project manager.BrexBrex is aiming to be the "all-in-one" finance option for businesses - offering high-limit credit cards, business accounts, a rewards program, expense tracking, and more. Small office hubs are located in San Francisco, New York City, Salt Lake City, and Vancouver, B.C. Remote jobs include art director and manager of social and community support.AttentiveAttentive is a personalized text messaging platform built for innovative e-commerce brands based in New York City. Remote jobs include mid-market sales manager and web marketing manager.OutreachOutreach is an integrated business-to-business platform helping companies drive sales based in Seattle. Remote jobs include corporate counsel, and product and senior email deliverability specialists. GongGong is a revenue intelligence platform based in Palo Alto, with more than 425 active remote roles. Remote jobs include senior user researcher and in-house counsel. MikMakBased in New York City, MikMak is a digital platform for consumer product companies that enables multi-retailer checkout by shoppers and insights solutions to help brands better understand customer behavior. Remote jobs include VP of sales operations and director of product marketing.GravyLocated in Alpharetta, Georgia, Gravy is a "virtual retention" startup helping subscription-based businesses retain their customers through remedying failed payments. Remote jobs include account manager and sales development representative. Daily HarvestDaily Harvest is a plant-based meal delivery service providing a range of smoothies, flatbreads, desserts, snacks, and more through a subscription-based model. (You may have seen their mouthwatering ads on Instagram recently!) The company is based in New York City. Remote jobs include software engineering manager and senior strategic analytics associate. CameoBased in Chicago, Cameo is a video-sharing platform where celebrities and public figures send personalized video messages to fans. Remote jobs include QA automation engineer and lifecycle marketing lead. TherabodyA tech wellness company in Los Angeles, Therabody is best known for the "Theragun," a popular massage-therapy device intended to reduce muscle tension and accelerate recovery. Remote jobs include a quality manager and a copywriter. RampRamp is a corporate credit card company based in New York City that helps business owners save money via expense management, savings opportunities, receipt matching, and other services. Remote jobs include demand generation lead and product and regulatory counsel. GitLabGitLab, a DevOps platform, helps companies deliver software faster and more efficiently from its headquarters in San Francisco. Remote jobs include backend engineering manager, pipeline execution, and senior technical content editor. MedableBased in Palo Alto, Medable is a global platform aiming to get effective therapies to patients quickly, minimizing the need for in-person clinical visits. Remote jobs include HR systems manager and android developer.Guild Education Based out of Denver, Colorado, Guild Education works with employers to help them provide strategic education and upskilling programs for employees. Remote jobs include vice president of operations and technical marketing operations manager. DriftDrift is a conversational marketing platform based in Boston that is designed to enhance the digital buying experience, including features like an AI-powered chatbot and customizable live chat widgets. Remote jobs include onboarding manager and manager of conversation design.RoHeadquartered in New York City, Ro is a health care company that provides virtual primary care services by connecting telehealth, diagnostics, and pharmacy delivery. Remote jobs include associate director of member experience, systems and platforms, and associate manager of offline marketing.BlockFi BlockFi is a financial services company where clients can buy, sell and earn cryptocurrency, based in Jersey City, New Jersey. Remote jobs include manager of retention and loyalty marketing and director of program management. Scale AIScale Al, which is based in San Francisco, is a platform that helps machine learning teams process their data faster and accurately and helps companies supercharge their artificial intelligence efforts. Remote jobs include an IT operations manager.Hawke MediaHawke Media is a marketing consultancy working to grow brands of all sizes, industries, and business models in Santa Monica, California. Remote jobs include content editor, social media, and influencer marketing manager. Boom SupersonicBased in Denver, Boom Supersonic is developing a high-speed airliner built to transport passengers at twice the speed of traditional planes. Remote jobs include senior creative director and recruiter. DutchieFrom Bend, Oregon, dutchie is a technology platform that enables cannabis dispensaries to set up e-commerce operations. Remote jobs include strategic finance associate and manager of database reliability.Lyra HealthLyra Health is an online mental health counseling platform based out of Burlingame, California, that provides therapy and mental health services. Remote jobs include event marketing coordinator and product design manager.GetawayGetaway is a hospitality company in Brooklyn that offers modern cabin rentals that are two hours from major urban centers. Remote jobs include reservations manager and head of growth. Catalyst SoftwareBased out of New York City, Catalyst Software helps sales and customer teams connect the various tools they use into a centralized data-driven view of how a client is doing. Remote jobs include engineering manager on the customer success intelligence team and sales development representative. RubrikRubrik is a cloud-based platform based in Palo Alto that helps companies with data management. Remote jobs include professional services consultants. GeminiGemini is a cryptocurrency exchange in New York City, that enables users to buy, sell and store digital assets. The more than 325 remote jobs available include engineering manager for credit cards, associate director of technical accounting, and senior software engineer. ClickUpClickUp's app combines task management, goal setting, calendars, to-do lists, and an inbox so that teams can be more productive. Headquartered in San Diego, remote jobs include program coaches and professional services consultants. SUPERHUMANSuperhuman, out of San Francisco, wants you to have a better, faster email experience, and they are "re-imagining the inbox" to make it more efficient. Remote jobs include senior mobile engineer and product marketing manager.InnovaccerBased in San Francisco, Innovaccer curates the world's health care information to make it more accessible and useful for providers and organizations. Remote jobs include platform data architect and senior director of healthcare AI.FlowcodeFlowcode allows users to create customized, advanced Quick Response (QR) codes that never expire, making it easier for companies to directly connect their customers to digital resources. Based in New York City, the company is hiring for a remote product analyst.JerryBased in Palo Alto, Jerry helps car owners save money on vehicle insurance. Remote jobs include associate editor and writer/editor.OneTrustHeadquartered in Atlanta and London, OneTrust helps companies manage privacy, security, and governance requirements through its compliance software. Remote jobs include UI architects.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderOct 14th, 2021

Largest BHHS Affiliate Leveraging Inside Real Estate’s kvCORE

Berkshire Hathaway HomeServices (BHHS) The Preferred Realty and Stouffer Realty, the largest Berkshire Hathaway HomeServices affiliate in the U.S., has partnered with Inside Real Estate to provide kvCORE—along with CORE Present, a CMA and presentation solution—to its 2,300 plus agents. The brokerage will also be among the first in the country to provide their agents […] The post Largest BHHS Affiliate Leveraging Inside Real Estate’s kvCORE appeared first on RISMedia. Berkshire Hathaway HomeServices (BHHS) The Preferred Realty and Stouffer Realty, the largest Berkshire Hathaway HomeServices affiliate in the U.S., has partnered with Inside Real Estate to provide kvCORE—along with CORE Present, a CMA and presentation solution—to its 2,300 plus agents. The brokerage will also be among the first in the country to provide their agents with unlimited CORE Team Add-On accounts. With 56 offices, BHHS The Preferred Realty and Stouffer Realty are a market leader throughout Pittsburgh, Western Pennsylvania and Northeastern Ohio, according to the company. “We’re thrilled to announce the launch of the industry-leading platform, kvCORE, across our entire brokerage,” said Tom Hosack, president and CEO at BHHS The Preferred Realty and Stouffer Realty. “It’s a proven solution designed to fuel growth for our agents and top teams—helping them build and manage their business—all in one place. It’s just what they’ve been asking for! And to truly empower teams, we’ll be providing unlimited CORE Team add-on accounts, which unlock advanced capabilities to support their unique needs and high scale growth. We’re delivering the best tools for the best agents.” Highlights of the enterprise-level implementation of the kvCORE Platform for BHHS The Preferred Realty include: – IDX websites for every agent and team with deep consumer behavior tracking and intelligent nurturing to convert more leads into customers – A built-in lead generation engine helping agents and teams expand their pipeline with new buyers and sellers at no cost – A personal, private CRM that keeps agents and teams in control of their database while leveraging behavioral automation to engage more clients – Communication tools including email campaigns, mass-texting, CORE Video messaging powered by BombBomb and a built-in mobile dialer to drive more high- value conversations – CORE Present, the CMA and presentation builder – Unlimited CORE Teams, typically only offered as a paid upgrade option, which unlocks team lead generation and lead routing, pond accounts, team accountability rules, agent performance reporting, and more “The kvCORE Platform is the most innovative system we’ve seen, but the beauty behind all of that technology is a user-friendly solution that we know our agents will use and love,” said Hosack. “We are consistently hearing success stories from agents who increase their productivity and save time with kvCORE, so we knew we had to make it available to every agent. The decision to add CORE Present to our kvCORE tech ecosystem was a simple decision to make: it gives our agents a huge competitive advantage, and it’s the best CMA and presentation tool out there. Now, our agents and teams can focus on what they do best: provide the exceptional service the BHHS family is known for to homebuyers and sellers.” “We’re honored BHHS The Preferred Realty and Stouffer Realty chose us as their long-term technology partner,” said Joe Skousen, CEO of Inside Real Estate, in a statement. “They are one of the largest and most productive brokerages in the country for a good reason—their leadership team’s commitment to providing the very best technology and resources to drive business for agents and teams is unwavering. We look forward to supporting their continued growth.” For more information, please visit www.insiderealestate.com. The post Largest BHHS Affiliate Leveraging Inside Real Estate’s kvCORE appeared first on RISMedia......»»

Category: realestateSource: rismediaOct 12th, 2021

Adtran (ADTN) Fiber Extension Portfolio Boosts TPG"s Services

Adtran (ADTN) fiber extension portfolio comprising multi-gigabit fiber access and fiber extension solutions is boosting TPG's services. Adtran, Inc. ADTN announced that TPG Telecom Group TPG will be leveraging its  second-generation Gigabit Gfast fiber extension portfolio to upgrade existing broadband services to Gigabit speeds and attract new subscribers. Adtran, a global provider of next-generation multi-gigabit fiber access and fiber extension solutions, is assisting TPG to rapidly roll out Gigabit broadband services to more than 230,000 premises and over 2,000 buildings across Eastern Australia.TPG is Australia’s second-largest telecommunications provider that holds a large footprint at both single and multiple dwelling locations that were connected by VDSL technology. The service provider was inclined to offer Gigabit services to its existing subscribers. TPG is the first major telecommunications company in Australia to deploy Gfast and selected Adtran’s latest Gfast technology to launch fast, competitive broadband services that are 10 times faster than similar services offered by competitors in the region.The Adtran second-generation Gfast fiber extension solution makes it convenient to connect hard-to-reach urban and rural locations with Gigabit services by using existing in-building copper or coax to access customers. Adtran’s unique, patented Gfast VDSL coexistence technology enables Gfast-based services to uniquely support the delivery of symmetric and asymmetric Gigabit speeds even when delivered in coexistence with legacy VDSL2 services. Therefore, TPG can quickly upgrade DSL customers to Gigabit services and allow other customers to remain using its DSL service.What This Means for Adtran?ADTRAN’s end-to-end solutions simplify the deployment of fiber-based broadband services and provide a better customer experience. The company, in the June quarter, recorded healthy demand trends driven by the accelerated expansion of fiber-to-the-home networks, upgrades to in-home Wi-Fi connectivity and the adoption of cloud-based automation tools. The solid quarterly performance was further buoyed by improved customer diversification and end-to-end fiber broadband solutions.ADTRAN expects solid traction in its domestic markets for ultra-broadband and fiber-to-the-home solutions along with Software-Defined (SD) access and Ethernet passive optical network (EPON) solutions. The company also anticipates a pickup in capital spending in Tier-1, Tier-2 and regional service provider market segments. ADTRAN’s global leadership in software-defined access is likely to ensure a steady stream of revenues as it helps clients reduce costs and accelerate service delivery and deployment. The company is well positioned to optimize its customer, geographic and product diversity momentum.Other Stocks to ConsiderWolfspeed, Inc. WOLF delivered an earnings surprise of 14.3 % in the last reported quarter. It pulled off a trailing four-quarter earnings surprise of 12.7%, on average. Wolfspeed provides silicon carbide and gallium nitride (GaN) materials, power devices, radio frequency devices based on wide band gap semiconductor materials and silicon.Vishay Intertechnology, Inc. VSH delivered an earnings surprise of 26.2% in the last reported quarter. It pulled off a trailing four-quarter earnings surprise of 10.7%, on average. Vishay manufactures and supplies discrete semiconductors and passive electronic components in Asia, Europe and America. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ADTRAN Holdings, Inc. (ADTN): Free Stock Analysis Report Wolfspeed (WOLF): Free Stock Analysis Report Vishay Intertechnology, Inc. (VSH): Free Stock Analysis Report TPG Inc. (TPG): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksAug 15th, 2022

MarketWise Reports Financial Results for Second Quarter 2022

~ Total Subscribers of 15.9 Million, Including 898 Thousand Paid Subscribers ~ ~ Revenues of $128.0 Million ~ ~ Billings of $117.5 Million ~ ~ Net Income of $34.0 Million ~ ~ Adjusted CFFO of $26.8 Million ~ BALTIMORE, Aug. 08, 2022 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ:MKTW) ("MarketWise" or the "Company"), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today reported financial results for second quarter 2022. Second Quarter 2022 Key Performance Highlights                 YTD   YTD   YTD (Unaudited)   2Q 2022   2Q 2021   % Change   2Q 2022   2Q 2021   % Change Total Subscribers (in thousands)             15,871     12,965     22.4%             Paid Subscribers (in thousands)             898     994     (9.7)%             Total net revenue (in millions)           $ 128.0   $ 142.1     (9.9)%   $ 264.8   $ 261.8     1.1% Billings (in millions)           $ 117.5   $ 185.1     (36.5)%   $ 253.5   $ 440.4     (42.4)% ARPU           $ 580   $ 823     (29.5)%             Net income (loss) (in millions)           $ 34.0   $ (8.4 )   NM   $ 59.6   $ (623.5 )   NM CFFO (in millions)           $ 26.8   $ 58.9     (54.5)%   $ 27.9   $ 151.2     (81.5)% Adjusted CFFO (in millions)           $ 26.8   $ 59.4     (54.9)%   $ 27.9   $ 157.3     (82.3)% Second Quarter 2022 Highlights(1) Total net revenue was $128.0 million in second quarter 2022 compared to $142.1 million in second quarter 2021 Total Billings in second quarter 2022 was $117.5 million compared to $185.1 million in second quarter 2021; We believe the decrease is due in large part to reduced engagement of subscribers and potential subscribers, as external economic and geopolitical factors continued to impact investor uncertainty and delayed purchases in the quarter Net income was $34.0 million in second quarter 2022 compared to a net loss of $8.4 million in second quarter 2021; the net loss in second quarter 2021 was primarily driven by $47.4 million in stock-based compensation expense which related to Class B units under MarketWise, LLC's prior operating agreement which was terminated as a result of our go-public Transaction on July 21, 2021. For further information on stock-based compensation, see footnotes 1 and 2 to Table 1. Income Statement below Cash flow from operations ("CFFO") was $26.8 million in second quarter 2022 compared to $58.9 million cash inflow in second quarter 2021 CFFO margin was 20.9% in second quarter 2022 compared to 41.5% in second quarter 2021 Adjusted CFFO, a non-GAAP measure, was $26.8 million in second quarter 2022 compared to $59.4 million in second quarter 2021 Adjusted CFFO margin, a non-GAAP measure was 22.8% in second quarter 2022 compared to 32.1% in second quarter 2021 Deferred revenue was $701.1 million as of June 30, 2022 compared to $665.1 million as of June 30, 2021 Paid Subscribers were 898 thousand as of June 30, 2022 compared to 1.0 million as of June 30, 2021 Free Subscribers were 15.0 million as of June 30, 2022 compared to 12.0 million as of June 30, 2021 __________________(1) See "Key Business Metrics and Non-GAAP Financial Measures" below. For a reconciliation of Adjusted CFFO and Adjusted CFFO margin, see "Cash Flow" below. Mark Arnold, Chief Executive Officer of MarketWise, commented, "The macroeconomic environment has been challenging for many companies, including companies like ours involved with the financial markets. As the markets declined sharply, many individual investors moved to the sidelines, and this continues to impact our business. Given this environment, we are focused on increasing profitability by driving revenue, managing our marketing spend, and reducing overhead where it's appropriate." Mr. Arnold continued, "While our business has been impacted by the current operating environment, our focus on profitability and improvements in operating efficiency will help position us well once the current state of volatility passes and individual investors re-engage. We continue to produce positive cashflow and enjoy a strong and loyal following with subscribers, especially our long-term subscribers. We also continue to add analysts and content to provide best-in-class actionable financial research for our subscribers, all while maintaining a very strong balance sheet with over $150 million in cash and no debt. With the changes that we have made to our cost structure and the initiatives and opportunities I see in front of us, we are in a good position going forward." Cost Reduction Initiative The Company initiated a cost reduction program in July 2022, targeting lowered total expenditures, both through a reduction in overhead, and through a reduction in direct marketing expense. In total, between our initial round of overhead cost cuts, and the second phase of overhead cost cuts, which is being identified now, we anticipate reducing overhead by an annualized amount of approximately $37 million, or 15% of 2022 budgeted overhead. Of this total amount, approximately 75% is from items that were in the March year-to-date run-rate of overhead. As a result of phase one of these overhead cuts, we would expect to see a reduction to the monthly run-rate of overhead costs of approximately $1.7 million beginning in July. As we complete phase two of the overhead cost cuts, we would expect to see the total reduction to the monthly run-rate of overhead costs approximate $2.5 million as we move into the fourth quarter. In addition to the reduction in overhead costs, given the current high CAC environment, we expect to spend $37 million less in direct marketing in the second half of 2022 as compared to the first half, which should result in a $6.2 million reduction to the monthly run-rate of direct marketing beginning in July. This represents an approximate 20% reduction to the annualized direct marketing spend originally expected. Second Quarter 2022 Financial & Operational Results Total net revenue decreased by $14.1 million, or 9.9%, to $128.0 million in second quarter 2022 compared to $142.1 million in second quarter 2021. The decrease in net revenue was primarily driven by a $13.6 million decrease in term subscription revenue. Term subscription revenue decreased during second quarter 2022 primarily due to lower Billings as compared to the 2021 period — our second highest Billings quarter ever — which was driven by reduced engagement of subscribers and potential subscribers in the 2022 period, as well as lower overall conversion rates. Billings decreased by $67.6 million, or 36.5%, to $117.5 million in second quarter 2022 compared to $185.1 million in second quarter 2021. While second quarter 2022 Billings decreased from prior year, given that second quarter 2021 was our second highest quarter ever, we did not expect to show year-over-year growth. We believe the decrease is due in large part to post-COVID reduced engagement of subscribers and potential subscribers. This began in the second half of 2021 as consumers prioritized travel and leisure in lieu of spending time focusing on their investments. First quarter 2022 brought additional challenges with uncertainty stemming from external factors such as 40-year high inflation, volatility across asset classes, federal reserve tightening, and the war in Ukraine. These same factors have persisted into second quarter 2022, which we believe further contributed to subscribers and potential subscribers delaying their purchases. Billings decreased by $18.5 million, or 14%, to $117.5 million for second quarter 2022 as compared to $136.0 million for first quarter 2022. While consumer engagement remained consistent in second quarter 2022 compared to first quarter 2022, and our overall conversion rate, high value and ultra-high value conversion rates all remained stable, the average Billings per sale declined in second quarter, which drove the decline in Billings from first quarter 2022. Net income was $34.0 million in second quarter 2022 compared to a net loss of $8.4 million in second quarter 2021. We recognized stock-based compensation expenses related to the new 2021 Incentive Award Plan and the ESPP of $2.4 million in second quarter 2022, and stock-based compensation expenses related to the Class B Units of $47.4 million in second quarter 2021. Cash flow from operations decreased by $32.1 million, or 54.5%, from $58.9 million in second quarter 2021 to $26.8 million in second quarter 2022. Cash flow from operations for second quarter 2022 was primarily driven by net income of $34.0 million adjusted for net non-cash factors which reduced cash by $8.2 million, and net changes in our operating assets and liabilities which reduced cash by $1.0 million, largely due to timing differences in the net receipt of cash. Adjusted CFFO decreased by $32.6 million, or 54.9%, from $59.4 million in second quarter 2021 to $26.8 million in second quarter 2022, primarily driven by a decrease of $67.6 million in Billings. Adjusted CFFO this quarter was impacted by net changes in working capital, excluding changes in deferred revenue and changes in deferred contract acquisition costs, which increased cash by $13.5 million, largely due to a significant decrease in accounts receivable this quarter. The difference between Adjusted CFFO and CFFO in second quarter 2021 is stock-based compensation associated with $0.5 million of profits distributions to the original Class B unitholders. Total Paid Subscribers decreased by 97 thousand, or 9.7%, to 898 thousand as of June 30, 2022 compared to 1.0 million at June 30, 2021, driven by a combination of decreased overall consumer engagement as the economy reopened in mid-2021, an outsized new subscriber cohort from first quarter 2021 yielding additional churned subscribers in first quarter 2022, combined with an overall challenging economic environment that has persisted through second quarter 2022. Total Paid Subscribers decreased by 11 thousand, or 1.2%, to 898 thousand as of June 30, 2022 as compared to 909 thousand as of March 31, 2022. We believe the volatile stock market, high-inflation environment, and fears of recession have left subscribers and potential subscribers hesitant to engage or re-engage as they assess the latest economic data and the Federal Reserve's potential next steps. These trends, which began in first quarter 2022, have continued to slow our new subscriber acquisition through second quarter 2022. Free Subscribers increased by 3.0 million, or 25.1%, to 15.0 million at June 30, 2022 compared to 12.0 million at June 30, 2021, as our significant lead-generation efforts that began in earnest during late 2018 and intensified during 2019 and 2020 with the expansion across multiple brands, continued during 2021 and through second quarter 2022. Free Subscribers increased by 0.5 million, or 3.1%, to 15.0 million as of June 30, 2022 as compared to 14.5 million as of March 31, 2022. This growth was driven by our continued lead generation efforts. Non-GAAP Measures The following table provides a reconciliation of net cash provided by operating activities, the most directly comparable financial measure calculated in accordance with generally accepted accounting principles in the United States ("GAAP"), to Adjusted CFFO and Adjusted CFFO Margin for each of the periods presented: (In thousands)   Three months ended June 30,       Six Months Ended June 30,           2022       2021     % Change     2022       2021     % Change Net cash provided by operating activities           $ 26,794     $ 58,914     (54.5)%   $ 27,862     $ 151,218     (81.6)% Plus: Profits distributions to Class B Unitholders included in stock-based compensation expense             —       456     (100.0)%     —       6,107     (100.0)% Adjusted CFFO           $ 26,794     $ 59,370     (54.9)%   $ 27,862     $ 157,325     (82.3)%                           Net cash provided by operating activities           $ 26,794     $ 58,914     (54.5)%   $ 27,862     $ 151,218     (81.6)% Total net revenue             128,014       142,130     (9.9)%     264,812       261,844     1.1% Net cash provided by operating activities margin             20.9 %     41.5 %         10.5 %     57.8 %                               Adjusted CFFO           $ 26,794     $ 59,370     (54.9)%   $ 27,862     $ 157,325     (82.3)% Billings           $ 117,507     $ 185,100     (36.5)%   $ 253,502     $ 440,403     (42.4)% Adjusted CFFO margin             22.8 %     32.1 %         11.0 %     35.7 %     About MarketWise Founded with a mission to level the playing field for self-directed investors, today MarketWise is a leading multi-brand subscription services platform providing premium financial research, software, education, and tools for investors. With more than 20 years of operating history, MarketWise is currently comprised of 11 primary customer facing brands, offering more than 180 products, and serving a community of 16 million Free and Paid Subscribers. MarketWise's products are a trusted source for high-value financial research, education, actionable investment ideas, and investment software. MarketWise is a 100% digital, direct-to-customer company offering its research across a variety of platforms including mobile, desktops, and tablets. MarketWise has a proven, agile, and scalable platform and our vision is to become the leading financial solutions platform for self-directed investors. MarketWise Inc.'s common stock trades on the NASDAQ Global Market under the symbol "MKTW." Warrants on the Company's common stock also trade on the NASDAQ Global Market under the symbol "MKTWW." As of June 30, 2022, the Company had 22,505,103 Class A common shares and 291,092,303 Class B common shares issued and outstanding. The Company's common stock market capitalization was approximately $940.8 million, based on the closing price of publicly traded Class A common shares of $3.00 on August 5, 2022. Conference Call Details As previously announced, the Company will hold a conference call to discuss its Second Quarter 2022 results on Monday, August 8, at 11:00 a.m. Eastern Time. The conference call can be accessed by dialing 1-877-407-4018 (domestic) or 1-201-689-8471 (international) and asking for the MarketWise Second Quarter 2022 Earnings Conference Call. A telephonic replay will be available starting at 2:00 p.m. Eastern Time on the same day and can be accessed by dialing 1-844-512-2921, or for international callers 1-412-317-6671, and providing the passcode 13730109. The telephonic replay will be available until 11:59 p.m. Eastern Time on August 22, 2022. Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the investor relations section of the Company's website at investors.marketwise.com. The online replay will remain available for a limited time beginning immediately following the call. Key Business Metrics and Non-GAAP Financial Measures In this release we discuss certain key business metrics, which we believe provide useful information about the Company's business and the operational factors underlying the Company's financial performance. We are not aware of any uniform standards for calculating these key metrics, which may hinder comparability with other companies who may calculate similarly titled metrics in a different way. Billings is defined as amounts invoiced to customers. Free Subscribers are defined as unique subscribers who have subscribed to one of our many free investment publications via a valid email address and continue to remain directly opted in, excluding any Paid Subscribers who also have free subscriptions. Paid Subscribers are defined as the total number of unique subscribers with at least one paid subscription at the end of the period. Average revenue per user or ARPU is defined as the trailing four quarters of net Billings divided by the average number of quarterly total Paid Subscribers over that period. We also discuss certain measures that are not determined in accordance with GAAP, namely Adjusted CFFO, and Adjusted CFFO Margin. We use Adjusted CFFO and Adjusted CFFO Margin to evaluate our ongoing operations and for internal planning and forecasting purposes. We believe that non-GAAP financial information, when taken collectively, may be helpful to investors because it provides consistency and comparability with past financial performance, and assists in comparisons with other companies, some of which use similar non-GAAP financial information to supplement their GAAP results. This non-GAAP financial information is presented for supplemental informational purposes only and should not be considered a substitute for financial information presented in accordance with GAAP and may be different from similarly titled non-GAAP measures used by other companies. A reconciliation is provided above for Adjusted CFFO and Adjusted CFFO Margin to the most directly comparable financial measure stated in accordance with GAAP. Investors are encouraged to review the related GAAP financial measure and the reconciliation of this non-GAAP financial measure to its most directly comparable GAAP financial measure. Adjusted CFFO is defined as net cash provided by operating activities plus profits distributions to Class B unitholders included in stock-based compensation expense, plus or minus any non-recurring items. Adjusted CFFO Margin is defined as Adjusted CFFO as a percentage of Billings. We believe that Adjusted CFFO and Adjusted CFFO Margin are useful indicators that provide information to management and investors about ongoing operating performance, to facilitate comparison of our results to those of peer companies over multiple periods, and for internal planning and forecasting purposes. We have presented Adjusted CFFO and Adjusted CFFO Margin because we believe they provide investors with greater comparability of our operating performance without the effects of stock-based compensation expense related to holders of Class B units that will not continue following the consummation of the Transactions, because all Class B units were converted into common units of MarketWise, LLC. Going forward, we will make certain tax distributions to our members in amounts sufficient to pay individual income taxes on their respective allocation of the profits of MarketWise, LLC at then-prevailing individual income tax rates. These distributions will not be recorded on our income statement and will be reflected on our cash flow statement as cash used in financing activities. The cash used to make these distributions will not be available to us for use in the business. Adjusted CFFO and Adjusted CFFO Margin have limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of other GAAP financial measures, such as cash flow from operations. Some of the limitations of using Adjusted CFFO and Adjusted CFFO Margin are that these metrics may be calculated differently by other companies in our industry. We expect Adjusted CFFO and Adjusted CFFO Margin to fluctuate in future periods as we invest in our business to execute our growth strategy. These activities, along with any non-recurring items as described above, may result in fluctuations in Adjusted CFFO and Adjusted CFFO Margin in future periods. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the financial position, business strategy, and the plans and objectives of management for future operations of MarketWise. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including, but not limited to: our ability to attract new subscribers and to persuade existing subscribers to renew their subscription agreements with us and to purchase additional products and services from us; ...Full story available on Benzinga.com.....»»

Category: earningsSource: benzingaAug 8th, 2022

4 Metal Fabrication Stocks to Watch in a Challenging Industry

While demand in the Zacks Metal Products - Procurement and Fabrication industry's end markets remains strong, supply chain issues and high input costs remain headwinds. Stocks like CENX, TKR, WOR and NWPX are betting on cost management and automation to drive margins. The Zacks Metal Products - Procurement and Fabrication industry has been witnessing improved demand in its end markets. However, the industry has been struggling to keep pace with high levels of demand due to labor shortages and the ongoing supply issue constraints. High raw material and freight costs have added to their margin pressures.In this scenario, industry players like  The Timken Company TKR, Century Aluminum CENX, Worthington Industries, Inc. WOR and Northwest Pipe Company NWPX are expected to gain from their efforts to manage costs, focus on improving efficiency and investment in automation.About the IndustryThe Zacks Metal Products - Procurement and Fabrication industry primarily comprises metal processing and fabrication services providers that transform metal into metal parts, machinery, or components used across various other industries. Their processes include forging, stamping, bending, forming and machining, which are used to shape individual pieces of metal, and welding and assembling to join parts. The companies either use one of these processes or a combination of these. The most common raw materials utilized by metal fabrication companies include plate metal, formed or expanded metal, tube stock, welding wire or rod, and casting. The industry players serve an array of markets, including construction, mining, aerospace and defense, automotive, agriculture, oil and gas, electronics/electrical components, industrial equipment, and general consumer.What's Shaping the Future of Metal Products - Procurement and Fabrication IndustryStrong Demand in End-Markets to Support Growth: The pandemic had weakened the demand in several of the industry’s end markets, including transportation, mining and industrial. However, the fabricated metal products industry eventually came out of the slump, backed by the gradual business reopening and has been witnessing growth in new orders, production and backlog levels since July 2021. However, lately, the pace has slackened. Even though the overall manufacturing sector continues to witness strong demand, it is being constrained by supply chain issues. Per the Fed’s latest industrial production report, the aggregate production of fabricated metal products in the United States was up 1.2% in the second quarter of 2022, a deceleration from a 5% growth noted in the first quarter of 2022 and 10% in the fourth quarter of 2021. Nevertheless, over the course of the 12-month period ended June, production of fabricated metal products was up 3.6%. Once the situation normalizes, strong demand in the diverse end markets will drive the industry’s growth.High Costs & Supply-Chain Woes Persist: The industry is currently facing input cost inflation (mainly steel) and transport and logistic costs. It has been struggling to keep up with the increase in demand due to the shortage of labor, supply-chain issues, high raw material lead times and persistent shortages of critical materials. Labor shortage remains an issue. The industry players are making every effort to bolster their financial condition, conserve cash and improve profitability. The companies have been implementing cost-reduction actions, which are likely to help sustain margins in this scenario.Automation & End-Market Growth to Act as Catalysts: The industry’s customer-focused approach to providing cost-effective technical solutions, automation to increase efficiency and lower labor costs, and development of the latest and innovative products will drive growth in the days ahead. Growth in end-use sectors such as manufacturing, aerospace and automotive is anticipated to benefit the metal fabrication market over the next few years. Developing countries hold promise, courtesy of rapid industrialization, which is likely to create demand. Zacks Industry Rank Indicates Dim ProspectsThe group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates dim prospects in the near term. The Zacks Metal Products - Procurement and Fabrication industry, which is a 12-stock group within the broader Industrial Products Sector, currently carries a Zacks Industry Rank #177, which places it at the bottom 29% of 251 Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually losing confidence in this group’s earnings growth potential. Since the beginning of the year, the industry’s earnings estimate for the current year has gone down 30%.Before we present a few stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock-market performance and valuation picture.Industry Underperforms Sector & S&P 500The Zacks Metal Products - Procurement and Fabrication industry has underperformed its sector and the Zacks S&P 500 composite over the past year.Over this period, the industry has fallen 23.6% compared with the sector’s decline of 20.3%. Meanwhile, the Zacks S&P 500 composite has lost 10.6%.One-Year Price Performance Industry's Current ValuationOn the basis of the forward 12-month EV/EBITDA ratio, which is a commonly used multiple for valuing Metal Products - Procurement and Fabrication companies, the industry is currently trading at 7.88 compared with the S&P 500’s 20.08 and the Industrial Products sector’s forward 12-month EV/EBITDA of 18.89. This is shown in the charts below.Enterprise Value/EBITDA (EV/EBITDA) F12M RatioEnterprise Value/EBITDA (EV/EBITDA) F12M RatioOver the last five years, the industry has traded as high as 20.89 and as low as 5.01, with the median being at 7.93. 4 Metal Products - Procurement and Fabrication Stocks to Keep a Tab onCentury Aluminum: The company has seen an improvement in demand across various intermediate and end markets. Strong manufacturing activities, especially in the United States, and higher aluminum demand bode well for the company. CENX is taking actions to increase production to capitalize on the sustained strength in global aluminum markets. The company has been benefiting from the management of controllable costs, and these initiatives are expected to support its bottom line in the near future. CENX recently announced that it is temporarily idling its smelter in Hawesville due to skyrocketing energy costs, which led to a 10.5% drop in its share price over the past month. The company, however, expects energy prices to moderate in the next year and believes strongly in the future prospects of the Hawesville smelter, given its recent performance and the crucial role it plays in U.S. national security.Century Aluminum has a trailing four-quarter earnings surprise of 5.07%, on average. CENX currently carries a Zacks Rank #2 (Buy).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Price and Consensus: CENXTimken: The company continues to witness new business wins in new markets and regions. Its diversity in terms of end market, customer and geography, product innovation, and engineering expertise provides it with a competitive edge. Underlying customer demand and end-market momentum remain strong across most sectors. Apart from strong demand, earnings growth will be supported by benefits from price realization, growth initiatives and operational excellence initiatives. The company’s shares have appreciated 9.4% over the past month. Timken continues to pursue strategic acquisitions to broaden its portfolio and capabilities across diverse markets, with a focus on bearings, adjacent power transmission products, and related services. Over the past three years, the company has been focused on building its renewable energy portfolio through innovation and acquisitions. Renewable energy is currently Timken’s largest individual end-market sector generating 12% of sales, and the company has plans to make it a bigger part of its portfolio in the future to capitalize on the expected growth in the sector.The Zacks Consensus Estimate for Timken’s current-year earnings has moved up 2.5% over the past 90 days. The company has a trailing four-quarter earnings surprise of 5.07%, on average. TKR currently carries a Zacks Rank #3 (Hold).Price and Consensus: TKRWorthington: The company is well-poised for growth through its three-tiered strategy — Transformation, Innovation and Acquisitions. The transformation aspect concentrates on making its businesses more capital-efficient and profitable. The innovation angle is focused on product development, while acquisitions help augment product offerings and add higher-margin businesses. The buyout of the U.S. BlankLight business of Shiloh Industries, Inc. last year broadened the capacity and capabilities of its laser-welded products business. The addition of Tempel Steel Company made WOR a leader in the rapidly growing electrical steel market, which includes transformers, machine motors and electric vehicle motors. The company recently acquired Level5 Tools, LLC, which expands its consumer products brands and offerings in its tools category. The company is building on its capabilities in automation, analytics and advanced technologies, which in turn will help it stay ahead of the curve. Its proactive steps to cut costs and strong end-market demand will aid results. The company’s shares have gained 3% over the past month.The Zacks Consensus Estimate for Worthington’s current-year earnings has moved up 0.6% over the past 90 days. The company has a trailing four-quarter earnings surprise of 34%, on average. WOR currently carries a Zacks Rank #3.Price and Consensus: WORNorthwest Pipe: The company ended the first quarter of 2022 with a backlog of $200 million, including confirmed orders of $341 million for the Engineered Steel Pressure Pipe segment — setting a quarterly record. The Precast business continued to perform well and ended the first quarter with a record order book of $66 million. Its order levels are expected to grow in the near term leading to further margin expansion, backed by a very strong precast market. The rising demand for developed water sources and the pressing need to upgrade, repair and replace aging U.S water and wastewater systems present a huge opportunity for the company. Backed by a strong balance sheet and solid liquidity position, Northwest Pipe continues to execute its growth strategy. Last year, NWPX acquired ParkUSA, a precast concrete and steel fabrication-based company that develops and manufactures water, wastewater, and environmental solutions. It is expected to be accretive to the company’s earnings. The company’s shares have declined 3.8% over the past month.The Zacks Consensus Estimate for Northwest Pipe’s current year earnings has moved up 5.3% over the past 90 days. The company has a trailing four-quarter earnings surprise of 23.3%, on average. NWPX currently carries a Zacks Rank #3.Price and Consensus: NWPX  Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Timken Company The (TKR): Free Stock Analysis Report Worthington Industries, Inc. (WOR): Free Stock Analysis Report Northwest Pipe Company (NWPX): Free Stock Analysis Report Century Aluminum Company (CENX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJul 27th, 2022

Company Spotlight: Adapting Your Business to the Changing Market

Over the past few months, increasing mortgage rates have sent a seismic shockwave through the real estate market. After nearly two years of a non-stop homebuying frenzy, purchase activity is slowing down. Buyer pipelines are thinning out and listings are lingering on the market longer. It’s a stark contrast to the bidding wars and price… The post Company Spotlight: Adapting Your Business to the Changing Market appeared first on RISMedia. Over the past few months, increasing mortgage rates have sent a seismic shockwave through the real estate market. After nearly two years of a non-stop homebuying frenzy, purchase activity is slowing down. Buyer pipelines are thinning out and listings are lingering on the market longer. It’s a stark contrast to the bidding wars and price escalations that were commonplace earlier in the year. In short, the ride is over for brokers and agents who have not invested in their business models and relationships with their customers. So, what can brokers do to differentiate their business models and help their agents claim a share of the shifting market? When it comes to making your agents more productive, efficient and profitable, the homegenius ecosystem can help you stay ahead of the competition in a slower market. Here are four opportunities to grow your business with homegenius: Re-evaluate your tech stack. Too many brokerages are still relying on outdated technology and inefficient manual processes. Modern technology can do the heavy lifting when it comes to lead generation, communication, pricing estimates, and more. Giving your agents better tools will set you and your agents apart by increasing productivity and market intelligence, leaving them more time to focus on relationship building. The homegenius ecosystem helps your agents go from search to close with intelligence, transparency, certainty and speed. Focus on smarter client prospecting. Let’s face it, most agents didn’t have to bother with prospecting when the market was scorching hot. But now, finding new clients is a top priority. homegenius connect is a new kind of real estate agent network that matches agents with high-intent buyers and sellers through a network of lender relationships. Unlike similar programs, with homegenius connect, agents never pay for a lead unless it results in a closing. Maintain regular touchpoints with clients. While we all know repeat clients and referrals are the most reliable way to generate business, many agents fail to maintain a relationship with clients once the transaction is complete. A recent Zillow Consumer Housing Trends Report showed that 74% of consumers never heard from their agent after closing. It is essential to continuously show your value to your client base to earn repeat business and referrals. geniusprice technology gives agents an easy way to stay in touch with clients and provide them a value-added service. geniusprice technology generates an in-depth property intelligence report in less than five minutes, so agents can effortlessly share detailed market insights with their clients. Partner with a modern title and settlement service. Your service partners can be a differentiator for your business, too. The traditional closing experience is often stressful for homebuyers because they do not understand the process, what they are paying for, or what is expected of them. A modern digital title and settlement provider helps your agents deliver better service to clients. The titlegenius by Radian platform is a more streamlined and transparent path to closing thanks to our secure blockchain technology and digital interface that allows you to see your entire transaction pipeline at a glance. Visit homegenius.com to learn more about the homegenius ecosystem and tools that can help your business grow even when the market is slow.  Eric Ray Senior EVP, Chief Digital Officer and Co-Head of homegenius Eric Ray has more than 30 years of experience in the technology sector. As senior executive vice president, chief digital officer and co-head of homegenius Inc., Eric leads the vision, strategy and execution of homegenius and its family of companies’ products, technology, data, analytics and operations. The post Company Spotlight: Adapting Your Business to the Changing Market appeared first on RISMedia......»»

Category: realestateSource: rismediaJul 25th, 2022

Increase Top-Line Revenue Fast With These 3 Key Strategies

If you are looking to dramatically increase your sales revenue quickly over the next 90-plus days, you can achieve this with a written and totally focused action plan that you implement as a manager, executive or broker/owner. These three key strategies can help you drive and create listings, sales, revenue and increase your core service… The post Increase Top-Line Revenue Fast With These 3 Key Strategies appeared first on RISMedia. If you are looking to dramatically increase your sales revenue quickly over the next 90-plus days, you can achieve this with a written and totally focused action plan that you implement as a manager, executive or broker/owner. These three key strategies can help you drive and create listings, sales, revenue and increase your core service partners as well. Implement these three key strategies immediately for your managers or sales associates to achieve amazing results quickly: Write a 90-day growth strategy. Write and then execute a 90-day growth strategy plan to increase listings and sales purposefully with weekly goals and results tracking. This short, yet effective action plan will ensure that you are laser focused on keeping your agents and/or managers concentrated on top-line revenue sales activities every day. Get agents in your office(s) committed to the same 90-day growth strategy for their own business. Help your agents with a business plan to increase their listings and sales during the next 90 days and invite them to meet with you. Business planning is not just for annual goal setting. You can dramatically impact your agents with my game-changing lead generation GoldMine Pipeline Strategy that will create predictable and consistent monthly income for your agents. Download the strategy in the link below and use for immediate results. Track your office goals versus actual results and hold your agents and managers accountable to their goals and actual results weekly as well. You and your team can achieve anything with dedication, focus and a daily commitment to your plan with no distractions. Make it happen! Have a listing and sales contest. Initiate an agent and office monthly listing and sales contest for each month over the next 90 days. Nothing incentivizes real estate agents like a fun, hyper-focused and prize-winning contest. You can motivate and recognize achievements with fun prizes for individual accomplishments as well as prizes or parties for the whole sales team and office. Use the next 30, 60 and 90 days to create success and watch the results you can create. As the sales leader or manager, you set the tone, and all messaging when it comes from you creates the energy and momentum for your managers and agents to get excited and want to follow and be a part of the success. Focus weekly, in-person sales meetings and training on generating listings and sales. Rip the bandaid off and start having high-energy, in-person weekly sales meetings and watch the productivity of your team improve. Agents need and want the team environment of meeting weekly and sharing successful strategies that are working to help list, sell, negotiate and navigate the changing market we are in. Every week is an opportunity for you to inspire and help your agents get one more listing appointment or listing. It gives them the consistent reminder that they have income goals they each want to achieve and that you and your valuable company provides the resources and tools to help them achieve their goals. Sharing big wins and best practices from all agents who are achieving success will only bring more success. In order to increase revenue over the next 90 days, implement in-office training and group coaching sessions focused on: how to get appointments and convert leads into clients; how to effectively conduct and close a listing appointment for the win; how to hold open houses and convert leads; how to generate referrals from your sphere and how to effectively generate leads on social media. These and other impactful coaching and training sessions will help your agents start (or increase) their sales and lead generation efforts to increase the leads on their pipelines, creating more listings, sales and top-line revenue for all. Remember, you are directly responsible for driving and increasing sales productivity in your region, office or company depending on your specific role. If you are leading sales managers, help them implement this plan immediately for optimum results. If you are leading a sales office full of agents, implement this plan immediately with each of your agents. Invite them all to the challenge and personally work with the 10 – 15 that you can coach into even greater success. You and your agents will love the results. Success is contagious! Download Johnson’s Exclusive GoldMine Pipeline Strategy to get your agents closing more leads into listings, sales and ultimately income. This system can double their production, fast.  Go to www.goldminepipeline.com for Johnson’s Free eBook and the Worksheet. These are just a few of Johnson’s proven and exclusive leadership and development strategies that produce amazing results quickly. For more information about Johnson’s exclusive turnkey, broker, manager and team solutions to dramatically grow your revenue, contact Sherri Johnson at www.sherrijohnson.com/onetoone for coaching plans. Sherri Johnson is CEO and founder of Sherri Johnson Coaching & Consulting. With 25 years of experience in real estate as a top agent, broker, and executive responsible for over 750 agents and over $1.7 billion in annual sales volume. Sherri offers her exclusive and proven methods through custom, one to one coaching and tailored consulting services. Sherri is a highly sought-after keynote speaker delivering high energy and real solutions audiences love.  Sherri has been named a RISMedia Real Estate Newsmaker in 2020 and 2021 as an Industry Influencer and Thought Leader. She is the author of the Sherri Johnson Academy, an on-demand learning platform as well as the 90-Boot Camp. Sherri is a preferred coach, consultant and speaker for top 10 international brands and brokerages and can dramatically increase your company’s revenue and profits. Visit www.sherrijohnson.com for more information. The post Increase Top-Line Revenue Fast With These 3 Key Strategies appeared first on RISMedia......»»

Category: realestateSource: rismediaJul 21st, 2022

6 Proven Methods to Run Your Team Like a Brokerage

Most team leaders we coach want to accomplish work/life balance while running a highly profitable, growing and successful team with year-over-year increases in sales, revenue, marketshare and profit. This can be achieved, yet it requires many disciplines and systems in place in order to create results and incredible month-after-month growth and sustainability. Making the shift… The post 6 Proven Methods to Run Your Team Like a Brokerage appeared first on RISMedia. Most team leaders we coach want to accomplish work/life balance while running a highly profitable, growing and successful team with year-over-year increases in sales, revenue, marketshare and profit. This can be achieved, yet it requires many disciplines and systems in place in order to create results and incredible month-after-month growth and sustainability. Making the shift of growing from a mid-size team to a large team will require you to think and act like a brokerage. After all, many of our teams are as large in sales production and GCI to offices within a larger brokerage or franchise. If you are trying to scale and grow your team by agent count, production, profitability or all three, here are six proven methods that will have you operating at peak performance: Set expectations and create weekly accountability. You set the tone and the bar for your team every day, and especially when they join you. How you onboard agents and what your expectations are will define their success. Be sure to communicate exactly what is expected in writing. Setting goals and laying out the actions that must be executed daily and weekly to achieve those goals is also your role. Additionally, having weekly accountability meetings with each of your agents and team members will create thriving team members and amazing success. Know your numbers. It surprises me how many team leaders/owners don’t know their numbers. You need to know weekly and monthly revenue. Your most important number is the top-line revenue to your team after you pay your agents. Your break-even number is also important. Create a system to track your KPIs for the month for: Monthly revenue for new and closed sales Number of new listings and sales units per day/month Number of new recruits (licensed and new) New mortgage, title, insurance and home warranty or other partner affiliates that are part of your tracking system. Share your monthly listing and new sales goals at every meeting. You must be driving the momentum of new listings and sales—and you can do this through sales meetings, coaching and communicating constantly. Conduct sales meetings that drive listings and sales. Having a weekly, not monthly, sales meeting will create wildly successfully results and a winning team culture. Share the goals for listings and sales for the month, quarter and year with your team. They contribute to the success of the team, and success is contagious. Meeting in-person and making your sales meeting content invaluable will ensure that your team benefits from attending and that they each experience great value from the meeting. Coach and build the middle for increased top line revenue. Coaching your agents to success means working with them individually. Provide new and experienced agents valuable coaching on a weekly basis on lead generation, conversion strategies, how to set listing appointments, how to use your tools to succeed and how to close. Team leaders and managers across the country use my exclusive GoldMine Pipeline Strategy to build a $10 million pipeline of buyer and seller leads. These agents’ combined pipelines result in $75 – $175 million in combined pipelines, which leads to $450,000-plus in team revenue for the entire group’s combined pipelines. It will dramatically double and even triple your team’s production and revenue. Click the link below to get my free eBook for my exclusive GoldMine Pipeline System and Strategy and start it today with your team. You too can see the potential business of each of your agents as well as your own and then see the total for your entire team. It’s pretty amazing, and it will help drive all of you to even greater success. Recruit on purpose with a plan. Most team leaders do not have an on-purpose, written recruiting plan for growth. There are many strategies to successfully recruit both new and experienced agents to your team. Having a plan for how many agents you want to join on purpose will create the scaling of agent team members for you every week and month, and with an on-purpose and strategic plan, you will get to the size team you desire. Write the plan to include creative ways to attract new and experienced agents to your team. You need to know your value and be able to communicate it in a way that each recruit will see the monetized value you offer for them to join your team. Show the value and how they can grow their business dramatically through your training and systems while only having to focus on listing and selling, and you will be able to recruit successfully. Track and measure your recruiting efforts weekly. Focus on having a minimum number of recruiting appointments each week for new and experienced agents. Provide agent incentives and a compensation package. All sales industries have incentives because they incentivize agents to perform at a higher level. Include contests, prizes, awards, and monthly and even weekly recognition. Using gamification and leader boards as well as celebrating individual and team goal achievement will help you create the culture and team that you want for retention, development and recruiting. Trips, cruises, spa days, happy hours and shopping days are all some of the best trip incentives I have seen. The incentives you create into your culture will build your team’s listings and sales production, but it will also build trust, loyalty and a thriving team that is one 100% committed to their business and achievement of the team’s overall goals as well. You can create the greatest winning sales team you want, but it all starts and ends with your commitment, dedication and leadership. Communication is the key to creating a highly successful team, and it must be a culture of constant and consistent communication. Each person on your team must be bought into your vision and mission both individually as a group. Share it and live with them every day. Help them achieve greatness and you will be hitting your team goals as well. Download Johnson’s Exclusive GoldMine Pipeline Strategy to get your agents closing more leads into listings, sales and ultimately income. This system can double their production, fast. Go to www.goldminepipeline.com for her Free EBook and the Worksheet. These are just a few of Johnson’s proven and exclusive leadership and development strategies that produce amazing results quickly. For more information about Johnson’s exclusive turnkey, team solutions to scale your team, contact Sherri Johnson at www.sherrijohnson.com/onetoone for coaching plans. Sherri Johnson is CEO and founder of Sherri Johnson Coaching & Consulting. With 25 years of experience in real estate as a top agent, broker, and executive responsible for over 750 agents and over $1.7 billion in annual sales volume. Sherri offers her exclusive and proven methods through custom, one to one coaching and tailored consulting services. Sherri is a highly sought-after keynote speaker delivering high energy and real solutions audiences love.  Sherri has been named a RISMedia Real Estate Newsmaker in 2020 and 2021 as an Industry Influencer and Thought Leader. She is the author of the Sherri Johnson Academy, an on-demand learning platform as well as the 90-Boot Camp. Sherri is a preferred coach, consultant and speaker for top 10 international brands and brokerages and can dramatically increase your company’s revenue and profits. Visit www.sherrijohnson.com for more information. The post 6 Proven Methods to Run Your Team Like a Brokerage appeared first on RISMedia......»»

Category: realestateSource: rismediaJul 19th, 2022

3 Construction & Mining Equipment Stocks to Ride Demand Trends

Upbeat demand in end-markets, cost-control efforts and investment in digital initiatives are likely to aid the Zacks Manufacturing - Construction and Mining industry players like CAT, KMTUY and TEX. The Zacks Manufacturing - Construction and Mining industry is well-poised to gain from the expansion in manufacturing activity witnessed over the past 25 months. The industry players have been benefiting from strong demand in their end markets, which will continue to support their performance. Pricing actions undertaken by the companies will help offset ongoing supply chain snarls and inflationary pressures.Industry players like Caterpillar Inc. CAT, Komatsu Ltd. KMTUY and Terex Corporation TEX are well-poised to gain from this trend. The players have been focusing on cost-cutting efforts and investment in digital initiatives to drive growth.About the IndustryThe Zacks Manufacturing - Construction and Mining industry comprises companies that manufacture and sell construction, mining and utility equipment. They support customers using machinery in the construction of commercial, institutional and residential buildings, as well as infrastructure projects. Their equipment is also utilized in underground mining, drilling and mineral processing, and surface mining to extract and haul copper, iron ore, coal, oil sands, aggregates, gold, and other minerals and ores. Their products are varied, including loaders, pavers, dozers, excavators, concrete mixer trucks, crushing, pulverizing & screening equipment, tractors, and cranes. The industry participants support oil and gas, power generation, marine, rail, and industrial applications through their reciprocating engines, generator sets, gas turbines and turbine-related services.4 Trends Shaping the Future of Manufacturing - Construction and Mining IndustrySolid Demand in the Manufacturing Sector:  Ever since the economy started recovering from the pandemic-induced lull, the manufacturing sector has been witnessing improvement in new orders and production. Manufacturing activity has increased for 25 consecutive months in June 2022. Per Federal Reserve’s release dated Jun 17, industrial production has increased every month this year till May, with an average monthly gain of 0.8%. Per the U.S. Census Bureau, new orders for manufactured durable goods in the five-month period ended May increased 10.9% year over year. Orders for capital goods (excluding aircraft), which is a closely watched indicator for business spending plans, shot up 10.2% during the same period. Business spending on equipment is on track for robust growth.Demand in Mining & Construction to Remain Strong: Improving commodity prices will boost spending in the mining industry. The intensifying global focus on shifting from fossil fuels to zero emissions will require a large number of commodities, which, in turn, will support the demand for mining equipment in the years to come. The U.S government's plans to increase investment in infrastructure construction — particularly in critical subsectors such as transportation, water and sewerage, and telecommunications — will support demand in the coming years.Cost Inflation & Supply-Chain Issues Persist: The industry is currently facing input cost inflation (mainly steel), transport and logistic costs. It has been struggling to keep up with the increase in demand due to the shortage of labor, supply-chain issues, high raw material lead times and continued shortages of critical materials. The industry players are making every effort to bolster their financial condition, conserve cash and improve profitability. The companies have been implementing cost-reduction actions, which are likely to help sustain margins in this scenario. The companies are focused on streamlining their operations and realigning around high-growth key markets or customer segments to bolster their performances.Investment in Digital Initiatives to be a Game Changer: The industry participants are investing in digital initiatives like AI, cloud computing, advanced analytics and robotics. Digital transformation aids organizations in boosting productivity, increasing efficiency, reliability and safety, thereby enhancing customer satisfaction. With the pressing need to cut down carbon emissions, mining companies worldwide are relying more on autonomous machinery. Thus, the companies are stepping up their research and technological capabilities to bring products into the market equipped with the latest technology.Zacks Industry Rank Indicates Bright ProspectsThe group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates bright prospects in the near term. The Zacks Manufacturing - Construction and Mining industry, which is a seven-stock group within the broader Zacks Industrial Products Sector currently, carries a Zacks Industry Rank #88, which places it at the top 35% of 251 Zacks industries.The industry’s positioning in the top 50% of the Zacks-ranked industries is a result of a solid earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually gaining confidence in this group’s earnings growth potential. So far this year, the industry’s earnings estimates for the current year have been revised upward by 2%. Before we present a few stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock-market performance and valuation picture.Industry Versus Broader MarketThe Manufacturing - Construction and Mining industry has outperformed its sector but underperformed the Zacks S&P 500 composite over the past year.Over this period, the industry has slumped 18.6% compared with the sector’s decline of 24.3%. The Zacks S&P 500 composite has fallen 12.2% in the same time frame.One-Year Price Performance Industry's Current ValuationOn the basis of the forward 12-month EV/EBITDA ratio, which is a commonly used multiple for valuing Manufacturing - Construction and Mining companies, we see that the industry is currently trading at 9.64 compared with the S&P 500’s 11.6 and the Industrial Products sector’s trailing 12-month EV/EBITDA of 13.66. This is shown in the charts below.Enterprise Value/EBITDA (EV/EBITDA) F12M RatioEnterprise Value/EBITDA (EV/EBITDA) F12M RatioOver the last five years, the industry has traded as high as 14.83 and as low as 7.04, with the median being at 10.44 3 Manufacturing - Construction & Mining Stocks to WatchKomatsu: The company has been witnessing strong demand for construction, mining and utility equipment over the past few quarters. It is anticipated to gain from robust demand for its equipment. In North America, demand should remain steady in residential and non-residential as well as road and traffic infrastructure. For industrial machinery, sales are likely to be supported by higher sales of machine tools in the automobile manufacturing industry and demand for the Excimer laser-related business for the semiconductor manufacturing industry. Its efforts to provide zero-emissions solutions for its global customers will be a growth driver. It will benefit from its cost-reduction efforts. However, the company’s shares have declined 9% in the past three months, reflecting the impacts of increased raw material and logistic costs.Headquartered in Tokyo, Japan, Komatsu manufactures and sells construction, mining, and utility equipment; and forest and industrial machinery worldwide. The Zacks Consensus Estimate for the company’s current-year earnings has been revised upward by 1% over the past 30 days. The consensus estimate indicates 7.5% year-over-year growth. The company has a trailing four-quarter earnings surprise of 50%, on average. KMTUY has an estimated long-term earnings growth rate of 32.9%. It currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Price & Consensus: KMTUYCaterpillar: The company’s revenues and earnings have been growing year over year for five straight quarters thanks to its cost-saving actions, strong end-market demand and pricing actions. Caterpillar’s backlog was a solid $26.4 billion at the end of the first quarter of 2022, which will boost its top line in the upcoming quarters. The company is anticipated to gain from strong demand from the manufacturing sector, strength in residential construction and non-residential construction in the United States, and robust demand for mining equipment. Caterpillar continues to focus on customers and the future by constantly investing in digital capabilities, connecting assets and job sites, and developing the next generation of more productive and efficient products, which provide it a competitive edge. Its shares have declined 23.4% in the past three months primarily due to the inflated input costs and supply-chain headwinds.Known for its iconic yellow machines, Caterpillar is the largest global manufacturer of construction and mining equipment. The Zacks Consensus Estimate for the company’s ongoing-year earnings indicates year-over-year growth of 16.7%. The estimate has moved up 0.1% over the past 60 days. The company has a trailing four-quarter earnings surprise of 14%, on average. CAT has an estimated long-term earnings growth rate of 12%. It currently carries a Zacks Rank #3 (Hold).Price & Consensus: CATTerex: The company has been delivering year-over-year growth in earnings over the past five quarters, supported by robust bookings and revenue growth and margin expansion in both of the business segments. Its backlog has been on an uptrend over the past six quarters and was a record $3.5 billion at the end of the second quarter of 2022. This, along with solid demand, pricing and cost-saving actions, positions the company well for improved results. TEX is progressing well on its “Execute, Innovate, Grow" strategy that will drive growth. In sync with this, it is investing in innovative products, digital innovation, expansion of manufacturing facilities and acquisitions.Norwalk, CT-based Terex manufactures and sells aerial work platforms and materials processing machinery worldwide. The Zacks Consensus Estimate for earnings for the current year indicates year-over-year growth of 24%. The estimate has moved up 0.3% over the past 60 days. The company has a trailing four-quarter earnings surprise of 49%, on average. TEX has an estimated long-term earnings growth rate of 17.7% and a Zacks Rank #3.Price & Consensus: TEX  Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Caterpillar Inc. (CAT): Free Stock Analysis Report Terex Corporation (TEX): Free Stock Analysis Report Komatsu Ltd. (KMTUY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJul 13th, 2022

National Association of REALTORS® Announces Partnership With Rental Beast

The National Association of REALTORS® has announced Rental Beast as its exclusive recommended software provider in the rental space. Under this agreement, NAR members receive free access to Apply Now by Rental Beast, the secure FCRA-compliant online rental application and tenant screening engine, NAR said in a statement Tuesday. “NAR REALTOR Benefits® aims to provide… The post National Association of REALTORS® Announces Partnership With Rental Beast appeared first on RISMedia. The National Association of REALTORS® has announced Rental Beast as its exclusive recommended software provider in the rental space. Under this agreement, NAR members receive free access to Apply Now by Rental Beast, the secure FCRA-compliant online rental application and tenant screening engine, NAR said in a statement Tuesday. “NAR REALTOR Benefits® aims to provide products and services that deliver value and empower REALTORS® to succeed in their businesses,” said Rhonny Barragan, NAR vice president of strategic alliances. “Rental Beast created a lead-to-lease platform which brings seamless entry into the multibillion-dollar rental industry and its clientele, and we are thrilled to provide this benefit to our members.” NAR said members will also receive unlimited access to Rental Beast University, the digital education platform designed by industry experts. Rental Beast is also integrated with many MLS platforms and association websites. NAR members within these partnerships receive additional access to rental-centric listing management tools, including listing add/edit, comprehensive rental search, rental listing syndication, rental lead generation and qualification, and renter-to-buyer conversion, the release stated. Rental Beast achieved notable success as a member of the 2022 REACH Canada cohort, a unique technology scale-up program managed by Second Century Ventures, NAR’s strategic investment arm. “We are proud to be NAR’s exclusive provider of rental solutions,” said Ishay Grinberg, founder and CEO of Rental Beast. “This partnership will help Realtors® better serve their clients and U.S. consumers everywhere by partnering them with the nation’s more than 113 million renters. With our tools, Realtors® can also build relationships with potential home buyers by serving as their trusted advisors in the rental process.” To claim this benefit, NAR members can sign up for a free account at nar.realtor/rental-beast. Once activated, the account will allow REALTORS® to initiate applications for any rental property and access Rental Beast University content anytime, NAR said. The post National Association of REALTORS® Announces Partnership With Rental Beast appeared first on RISMedia......»»

Category: realestateSource: rismediaJul 12th, 2022

National Association of Realtors® Announces Partnership With Rental Beast

The National Association of REALTORS® has announced Rental Beast as its exclusive recommended software provider in the rental space. Under this agreement, NAR members receive free access to Apply Now by Rental Beast, the secure FCRA-compliant online rental application and tenant screening engine, NAR said in a statement Tuesday. “NAR REALTOR Benefits® aims to provide… The post National Association of Realtors® Announces Partnership With Rental Beast appeared first on RISMedia. The National Association of REALTORS® has announced Rental Beast as its exclusive recommended software provider in the rental space. Under this agreement, NAR members receive free access to Apply Now by Rental Beast, the secure FCRA-compliant online rental application and tenant screening engine, NAR said in a statement Tuesday. “NAR REALTOR Benefits® aims to provide products and services that deliver value and empower REALTORS® to succeed in their businesses,” said Rhonny Barragan, NAR vice president of strategic alliances. “Rental Beast created a lead-to-lease platform which brings seamless entry into the multibillion-dollar rental industry and its clientele, and we are thrilled to provide this benefit to our members.” NAR said members will also receive unlimited access to Rental Beast University, the digital education platform designed by industry experts. Rental Beast is also integrated with many MLS platforms and association websites. NAR members within these partnerships receive additional access to rental-centric listing management tools, including listing add/edit, comprehensive rental search, rental listing syndication, rental lead generation and qualification, and renter-to-buyer conversion, the release stated. Rental Beast achieved notable success as a member of the 2022 REACH Canada cohort, a unique technology scale-up program managed by Second Century Ventures, NAR’s strategic investment arm. “We are proud to be NAR’s exclusive provider of rental solutions,” said Ishay Grinberg, founder and CEO of Rental Beast. “This partnership will help Realtors® better serve their clients and U.S. consumers everywhere by partnering them with the nation’s more than 113 million renters. With our tools, Realtors® can also build relationships with potential home buyers by serving as their trusted advisors in the rental process.” To claim this benefit, NAR members can sign up for a free account at nar.realtor/rental-beast. Once activated, the account will allow REALTORS® to initiate applications for any rental property and access Rental Beast University content anytime, NAR said. The post National Association of Realtors® Announces Partnership With Rental Beast appeared first on RISMedia......»»

Category: realestateSource: rismediaJul 12th, 2022

National Association of Realtors® Announces Partnership with Rental Beast

The National Association of REALTORS® has announced Rental Beast as its exclusive recommended software provider in the rental space. Under this agreement, NAR members receive free access to Apply Now by Rental Beast, the secure FCRA-compliant online rental application and tenant screening engine, NAR said in a statement Tuesday. “NAR REALTOR Benefits® aims to provide… The post National Association of Realtors® Announces Partnership with Rental Beast appeared first on RISMedia. The National Association of REALTORS® has announced Rental Beast as its exclusive recommended software provider in the rental space. Under this agreement, NAR members receive free access to Apply Now by Rental Beast, the secure FCRA-compliant online rental application and tenant screening engine, NAR said in a statement Tuesday. “NAR REALTOR Benefits® aims to provide products and services that deliver value and empower REALTORS® to succeed in their businesses,” said Rhonny Barragan, NAR vice president of strategic alliances. “Rental Beast created a lead-to-lease platform which brings seamless entry into the multibillion-dollar rental industry and its clientele, and we are thrilled to provide this benefit to our members.” NAR said members will also receive unlimited access to Rental Beast University, the digital education platform designed by industry experts. Rental Beast is also integrated with many MLS platforms and association websites. NAR members within these partnerships receive additional access to rental-centric listing management tools, including listing add/edit, comprehensive rental search, rental listing syndication, rental lead generation and qualification, and renter-to-buyer conversion, the release stated. Rental Beast achieved notable success as a member of the 2022 REACH Canada cohort, a unique technology scale-up program managed by Second Century Ventures, NAR’s strategic investment arm. “We are proud to be NAR’s exclusive provider of rental solutions,” said Ishay Grinberg, founder and CEO of Rental Beast. “This partnership will help Realtors® better serve their clients and U.S. consumers everywhere by partnering them with the nation’s more than 113 million renters. With our tools, Realtors® can also build relationships with potential home buyers by serving as their trusted advisors in the rental process.” To claim this benefit, NAR members can sign up for a free account at nar.realtor/rental-beast. Once activated, the account will allow REALTORS® to initiate applications for any rental property and access Rental Beast University content anytime, NAR said. The post National Association of Realtors® Announces Partnership with Rental Beast appeared first on RISMedia......»»

Category: realestateSource: rismediaJul 12th, 2022

Nice (NICE) Launches Upgraded CXone, Bolsters Portfolio

Nice (NICE) announces the Summer 2022 release of CXone with updated new capabilities, which enhance journey orchestration and complete performance. Nice NICE recently announced the Summer 2022 release of CXone with new capabilities, which enhance journey orchestration and complete performance.The updated version of CXone will enable companies to offer a complete CXi experience to customers by utilizing digitalization, AI and automation. CXone is the only digital cloud platform offering intent-based intelligent-virtual agents (IVA), which separates Nice from its peers.The recent upgrade bodes well for users as it offers Conversational AI and Chatbots that facilitate more natural and personalized assistance. The latest offering provides a frictionless customer experience, which drives positive experiences for agents and customers alike.The growing adoption of the CX cloud platform has contributed to Nice's top-line growth positively, as evident from its first-quarter 2022 Cloud revenues (55.9% of revenues), which increased 29.2% year over year to $294.6 million.NICE's shares have lost 32.6% year to date despite reporting impressive first-quarter 2022 results that benefited from a strong product portfolio and an expanding partner base.The company's shares have suffered from bearish investor sentiments regarding the prospects of Internet-based stocks as economies started reopening after coronavirus-induced lockdowns and restrictions were lifted globally. Macro-economic challenges, including rising inflation and the Russia-Ukraine conflict, have reflected negatively on the share price.Nevertheless, the stock has outperformed the Zacks Internet Software industry, which declined 48.6% over the same time frame. The outperformance can be attributed to an expanding partner base, a strong product portfolio and an innovative product pipeline.Nice Price and Consensus Nice price-consensus-chart | Nice QuoteExpanding Product Portfolio to Drive GrowthCXone has become an important solution for NICE. The company had previously launched CXone in Singapore, which has been helping the company witness an increasing pipeline. Availability of the solution provides Asia-Pacific companies with tools to eliminate friction and deliver customized digital customer experiences.NICE's partnership with Alphabet GOOGL and BCE BCE has been aiding in the growing adoption of CXone.NICE entered into a partnership with Google. Per the agreement, NICE's AI-powered CXone was integrated with Google Cloud's Contact Center Artificial Intelligence ("CCAI") applications to make self-service bots and agent-facing virtual assistants more effective.NICE recently expanded its partnership with Google, adding CXone to Google's Chrome Enterprise Recommended program.Previously BCE, Canada's largest communications company, entered into an agreement with NICE to expand access to its CXone for Contact Center as a Service in the country.Along with CXone, the company's other solutions like Inform Elite, Nexidia, Actimize, Robotic Process Automation and Investigate have also been gaining traction in recent times.As a testament to the rising adoption of Nice's expanding portfolio in March, NICE announced that its next-generation NTR-X solution is available for compliance recording capture for communications via Zoom ZM, including Zoom Meetings and Zoom Phone.NICE has collaborated with Zoom to create and utilize new APIs for financial markets' compliance recording.The expanding availability of NICE products on different platforms is helping the company win customers frequently, which will drive the company's top-line growth in the coming quarters. This will impact Nice's share price movement positively in the long run.Nice currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BCE, Inc. (BCE): Free Stock Analysis Report Nice (NICE): Free Stock Analysis Report Alphabet Inc. (GOOGL): Free Stock Analysis Report Zoom Video Communications, Inc. (ZM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJul 11th, 2022

We"ve got nearly 50 pitch decks that helped fintechs disrupting trading, investing, and banking raise millions in funding

Looking for examples of real fintech pitch decks? Check out pitch decks that Qolo, Lance, and other startups used to raise money from VCs. Check out these pitch decks for examples of fintech founders sold their vision.Yulia Reznikov/Getty Images Insider has been tracking the next wave of hot new startups that are blending finance and tech.  Check out these pitch decks to see how fintech founders sold their vision. See more stories on Insider's business page. Fintech funding has been on a tear.In 2021, fintech funding hit a record $132 billion globally, according to CB Insights, more than double 2020's mark.Insider has been tracking the next wave of hot new startups that are blending finance and tech. Check out these pitch decks to see how fintech founders are selling their vision and nabbing big bucks in the process. You'll see new financial tech geared at freelancers, fresh twists on digital banking, and innovation aimed at streamlining customer onboarding. New twists on digital bankingZach Bruhnke, cofounder and CEO of HMBradleyHMBradleyConsumers are getting used to the idea of branch-less banking, a trend that startup digital-only banks like Chime, N26, and Varo have benefited from. The majority of these fintechs target those who are underbanked, and rely on usage of their debit cards to make money off interchange. But fellow startup HMBradley has a different business model. "Our thesis going in was that we don't swipe our debit cards all that often, and we don't think the customer base that we're focusing on does either," Zach Bruhnke, cofounder and CEO of HMBradley, told Insider. "A lot of our customer base uses credit cards on a daily basis."Instead, the startup is aiming to build clientele with stable deposits. As a result, the bank is offering interest-rate tiers depending on how much a customer saves of their direct deposit.Notably, the rate tiers are dependent on the percentage of savings, not the net amount. "We'll pay you more when you save more of what comes in," Bruhnke said. "We didn't want to segment customers by how much money they had. So it was always going to be about a percentage of income. That was really important to us."Check out the 14-page pitch deck fintech HMBradley, a neobank offering interest rates as high as 3%, used to raise an $18.25 million Series APersonal finance is only a text awayYinon Ravid, the chief executive and cofounder of Albert.AlbertThe COVID-19 pandemic has underscored the growing preference of mobile banking as customers get comfortable managing their finances online.The financial app Albert has seen a similar jump in activity. Currently counting more than six million members, deposits in Albert's savings offering doubled from the start of the pandemic in March 2020 to May of this year, from $350 million to $700 million, according to new numbers released by the company. Founded in 2015, Albert offers automated budgeting and savings tools alongside guided investment portfolios. It's looked to differentiate itself through personalized features, like the ability for customers to text human financial experts.Budgeting and saving features are free on Albert. But for more tailored financial advice, customers pay a subscription fee that's a pay-what-you-can model, between $4 and $14 a month. And Albert's now banking on a new tool to bring together its investing, savings, and budgeting tools.Fintech Albert used this 10-page pitch deck to raise a $100 million Series C from General Atlantic and CapitalG 'A bank for immigrants'Priyank Singh and Rohit Mittal are the cofounders of Stilt.StiltRohit Mittal remembers the difficulties he faced when he first arrived in the United States a decade ago as a master's student at Columbia University.As an immigrant from India, Mittal had no credit score in the US and had difficulty integrating into the financial system. Mittal even struggled to get approved to rent an apartment and couch-surfed until he found a roommate willing to offer him space in his apartment in the New York neighborhood Morningside Heights.That roommate was Priyank Singh, who would go on to become Mittal's cofounder when the two started Stilt, a financial-technology company designed to address the problems Mittal faced when he arrived in the US.Stilt, which calls itself "a bank for immigrants," does not require a social security number or credit history to access its offerings, including unsecured personal loans.Instead of relying on traditional metrics like a credit score, Stilt uses data such as education and employment to predict an individual's future income stability and cash flow before issuing a loan. Stilt has seen its loan volume grow by 500% in the past 12 months, and the startup has loaned to immigrants from 160 countries since its launch. Here are the 15 slides Stilt, which calls itself 'a bank for immigrants,' used to raise a $14 million Series AAn IRA for alternativesHenry Yoshida is the co-founder and CEO of retirement fintech startup Rocket Dollar.Rocket DollarFintech startup Rocket Dollar, which helps users invest their individual retirement account (IRA) dollars into alternative assets, just raised $8 million for its Series A round, the company announced on Thursday.Park West Asset Management led the round, with participation from investors including Hyphen Capital, which focuses on backing Asian American entrepreneurs, and crypto exchange Kraken's venture arm. Co-founded in 2018 by CEO Henry Yoshida, CTO Rick Dude, and VP of marketing Thomas Young, Rocket Dollar now has over $350 million in assets under management on its platform. Yoshida sold his first startup, a roboadvisor called Honest Dollar, to Goldman Sachs' investment management division for an estimated $20 million.Yoshida told Insider that while ultra-high net worth investors have been investing self-directed retirement account dollars into alternative assets like real estate, private equity, and cryptocurrency, average investors have not historically been able to access the same opportunities to invest IRA dollars in alternative assets through traditional platforms.Here's the 34-page pitch deck a fintech that helps users invest their retirement savings in crypto and real estate assets used to nab $8 millionA trading app for activismAntoine Argouges, CEO and founder of TulipshareTulipshareAn up-and-coming fintech is taking aim at some of the world's largest corporations by empowering retail investors to push for social and environmental change by pooling their shareholder rights.London-based Tulipshare lets individuals in the UK invest as little as one pound in publicly-traded company stocks. The upstart combines individuals' shareholder rights with other like-minded investors to advocate for environmental, social, and corporate governance change at firms like JPMorgan, Apple, and Amazon.The goal is to achieve a higher number of shares to maximize the number of votes that can be submitted at shareholder meetings. Already a regulated broker-dealer in the UK, Tulipshare recently applied for registration as a broker-dealer in the US. "If you ask your friends and family if they've ever voted on shareholder resolutions, the answer will probably be close to zero," CEO and founder Antoine Argouges told Insider. "I started Tulipshare to utilize shareholder rights to bring about positive corporate change that has an impact on people's lives and our planet — what's more powerful than money to change the system we live in?"Check out the 14-page pitch deck from Tulipshare, a trading app that lets users pool their shareholder votes for activism campaignsDigital tools for independent financial advisorsJason Wenk, founder and CEO of AltruistAltruistJason Wenk started his career at Morgan Stanley in investment research over 20 years ago. Now, he's running a company that is hoping to broaden access to financial advice for less-wealthy individuals. The startup raised $50 million in Series B funding led by Insight Partners with participation from investors Vanguard and Venrock. The round brings the Los Angeles-based startup's total funding to just under $67 million.Founded in 2018, Altruist is a digital brokerage built for independent financial advisors, intended to be an "all-in-one" platform that unites custodial functions, portfolio accounting, and a client-facing portal. It allows advisors to open accounts, invest, build models, report, trade (including fractional shares), and bill clients through an interface that can advisors time by eliminating mundane operational tasks.Altruist aims to make personalized financial advice less expensive, more efficient, and more inclusive through the platform, which is designed for registered investment advisors (RIAs), a growing segment of the wealth management industry. Here's the pitch deck for Altruist, a wealth tech challenging custodians Fidelity and Charles Schwab, that raised $50 million from Vanguard and InsightRethinking debt collection Jason Saltzman, founder and CEO of ReliefReliefFor lenders, debt collection is largely automated. But for people who owe money on their credit cards, it can be a confusing and stressful process.  Relief is looking to change that. Its app automates the credit-card debt collection process for users, negotiating with lenders and collectors to settle outstanding balances on their behalf. The fintech just launched and closed a $2 million seed round led by Collaborative Ventures. Relief's fundraising experience was a bit different to most. Its pitch deck, which it shared with one investor via Google Slides, went viral. It set out to raise a $1 million seed round, but ended up doubling that and giving some investors money back to make room for others.Check out a 15-page pitch deck that went viral and helped a credit-card debt collection startup land a $2 million seed roundHelping small banks lendTKCollateralEdgeFor large corporations with a track record of tapping the credit markets, taking out debt is a well-structured and clear process handled by the nation's biggest investment banks and teams of accountants. But smaller, middle-market companies — typically those with annual revenues ranging up to $1 billion — are typically served by regional and community banks that don't always have the capacity to adequately measure the risk of loans or price them competitively. Per the National Center for the Middle Market, 200,000 companies fall into this range, accounting for roughly 33% of US private sector GDP and employment.Dallas-based fintech CollateralEdge works with these banks — typically those with between $1 billion and $50 billion in assets — to help analyze and price slices of commercial and industrial loans that previously might have gone unserved by smaller lenders.On October 20th, CollateralEdge announced a $3.5 million seed round led by Dallas venture fund Perot Jain with participation from Kneeland Youngblood (a founder of the healthcare-focused private-equity firm Pharos Capital) and other individual investors.Here's the 10-page deck CollateralEdge, a fintech streamlining how small banks lend to businesses, used to raise a $3.5 million seed roundA new way to assess creditworthinessPinwheel founders Curtis Lee, Kurt Lin, and Anish Basu.PinwheelGrowing up, Kurt Lin never saw his father get frustrated. A "traditional, stoic figure," Lin said his father immigrated to the United States in the 1970s. Becoming part of the financial system proved even more difficult than assimilating into a new culture.Lin recalled visiting bank after bank with his father as a child, watching as his father's applications for a mortgage were denied due to his lack of credit history. "That was the first time in my life I really saw him crack," Lin told Insider. "The system doesn't work for a lot of people — including my dad," he added. Lin would find a solution to his father's problem years later while working with Anish Basu, and Curtis Lee on an automated health savings account. The trio realized the payroll data integrations they were working on could be the basis of a product that would help lenders work with consumers without strong credit histories."That's when the lightbulb hit," said Lin, Pinwheel's CEO.In 2018, Lin, Basu, and Lee founded Pinwheel, an application-programming interface that shares payroll data to help both fintechs and traditional lenders serve consumers with limited or poor credit, who have historically struggled to access financial products. Here's the 9-page deck that Pinwheel, a fintech helping lenders tap into payroll data to serve consumers with little to no credit, used to raise a $50 million Series BAn alternative auto lenderTricolorAn alternative auto lender that caters to thin- and no-credit Hispanic borrowers is planning a national expansion after scoring a $90 million investment from BlackRock-managed funds. Tricolor is a Dallas-based auto lender that is a community development financial institution. It uses a proprietary artificial-intelligence engine that decisions each customer based on more than 100 data points, such as proof of income. Half of Tricolor's customers have a FICO score, and less than 12% have scores above 650, yet the average customer has lived in the US for 15 years, according to the deck.A 2017 survey by the Federal Deposit Insurance Corporation found 31.5% of Hispanic households had no mainstream credit compared to 14.4% of white households. "For decades, the deck has been stacked against low income or credit invisible Hispanics in the United States when it comes to the purchase and financing of a used vehicle," Daniel Chu, founder and CEO of Tricolor, said in a statement announcing the raise.An auto lender that caters to underbanked Hispanics used this 25-page deck to raise $90 million from BlackRock investors A new way to access credit The TomoCredit teamTomoCreditKristy Kim knows first-hand the challenge of obtaining credit in the US without an established credit history. Kim, who came to the US from South Korea, couldn't initially get access to credit despite having a job in investment banking after graduating college. "I was in my early twenties, I had a good income, my job was in investment banking but I could not get approved for anything," Kim told Insider. "Many young professionals like me, we deserve an opportunity to be considered but just because we didn't have a Fico, we weren't given a chance to even apply," she added.Kim started TomoCredit in 2018 to help others like herself gain access to consumer credit. TomoCredit spent three years building an internal algorithm to underwrite customers based on cash flow, rather than a credit score.TomoCredit, a fintech that lends to thin- and no-credit borrowers, used this 17-page pitch deck to raise its $10 million Series AHelping streamline how debts are repaidMethod Financial cofounders Jose Bethancourt and Marco del Carmen.Method FinancialWhen Jose Bethancourt graduated from the University of Texas at Austin in May 2019, he faced the same question that confronts over 43 million Americans: How would he repay his student loans?The problem led Bethancourt on a nearly two-year journey that culminated in the creation of a startup aimed at making it easier for consumers to more seamlessly pay off all kinds of debt.  Initially, Bethancourt and fellow UT grad Marco del Carmen built GradJoy, an app that helped users better understand how to manage student loan repayment and other financial habits. GradJoy was accepted into Y Combinator in the summer of 2019. But the duo quickly realized the real benefit to users would be helping them move money to make payments instead of simply offering recommendations."When we started GradJoy, we thought, 'Oh, we'll just give advice — we don't think people are comfortable with us touching their student loans,' and then we realized that people were saying, 'Hey, just move the money — if you think I should pay extra, then I'll pay extra.' So that's kind of the movement that we've seen, just, everybody's more comfortable with fintechs doing what's best for them," Bethancourt told Insider. Here is the 11-slide pitch deck Method Financial, a Y Combinator-backed fintech making debt repayment easier, used to raise $2.5 million in pre-seed fundingQuantum computing made easyQC Ware CEO Matt Johnson.QC WareEven though banks and hedge funds are still several years out from adding quantum computing to their tech arsenals, that hasn't stopped Wall Street giants from investing time and money into the emerging technology class. And momentum for QC Ware, a startup looking to cut the time and resources it takes to use quantum computing, is accelerating. The fintech secured a $25 million Series B on September 29 co-led by Koch Disruptive Technologies and Covestro with participation from D.E. Shaw, Citi, and Samsung Ventures.QC Ware, founded in 2014, builds quantum algorithms for the likes of Goldman Sachs (which led the fintech's Series A), Airbus, and BMW Group. The algorithms, which are effectively code bases that include quantum processing elements, can run on any of the four main public-cloud providers.Quantum computing allows companies to do complex calculations faster than traditional computers by using a form of physics that runs on quantum bits as opposed to the traditional 1s and 0s that computers use. This is especially helpful in banking for risk analytics or algorithmic trading, where executing calculations milliseconds faster than the competition can give firms a leg up. Here's the 20-page deck QC Ware, a fintech making quantum computing more accessible, used to raised its $25 million Series BAnalyzing financial contractsEric Chang and Alex Schumacher, co-founders of ClairaClairaIt was a match made in heaven — at least the Wall Street type.Joseph Squeri, a former CIO at Citadel and Barclays, had always struggled with the digitization of financial documents. When he was tapped by Brady Dougan, the former chief executive of Credit Suisse, to build out an all-digital investment bank in Exos, Squeri spent the first year getting let down by more than a dozen tools that lacked a depth in financial legal documents. His solution came in the form of Alex Schumacher and Eric Chang who had the tech and financial expertise, respectively, to build the tool he needed.Schumacher is an expert in natural-language processing and natural-language understanding, having specialized in turning unstructured text into useful business information.Chang spent a decade as a trader and investment strategist at Goldman Sachs, BlackRock, and AQR. He developed a familiarity with the kinds of financial documents Squeri wanted to digitize, such as the terms and conditions information from SEC filings and publicly traded securities and transactions, like municipal bonds and collateralized loan obligations (CLOs). The three converged at Exos, Squeri as its COO and CTO, Schumacher as the lead data scientist, and Chang as head of tech and strategy. See the 14-page pitch deck that sold Citi on Claira, a startup using AI to help firms read through financial contracts in a fraction of the timeSimplifying quant modelsKirat Singh and Mark Higgins, Beacon's cofounders.BeaconA fintech that helps financial institutions use quantitative models to streamline their businesses and improve risk management is catching the attention, and capital, of some of the country's biggest investment managers.Beacon Platform, founded in 2014, is a fintech that builds applications and tools to help banks, asset managers, and trading firms quickly integrate quantitative models that can help with analyzing risk, ensuring compliance, and improving operational efficiency. The company raised its Series C on Wednesday, scoring a $56 million investment led by Warburg Pincus with support from Blackstone Innovations Investments, PIMCO, and Global Atlantic. Blackstone, PIMCO, and Global Atlantic are also users of Beacon's tech, as are the Commonwealth Bank of Australia and Shell New Energies, a division of Royal Dutch Shell, among others.The fintech provides a shortcut for firms looking to use quantitative modelling and data science across various aspects of their businesses, a process that can often take considerable resources if done solo.Here's the 20-page pitch deck Beacon, a fintech helping Wall Street better analyze risk and data, used to raise $56 million from Warburg Pincus, Blackstone, and PIMCOSussing out bad actorsFrom left to right: Cofounders CTO David Movshovitz, CEO Doron Hendler, and chief architect Adi DeGaniRevealSecurityAn encounter with an impersonation hacker led Doron Hendler to found RevealSecurity, a Tel Aviv-based cybersecurity startup that monitors for insider threats.Two years ago, a woman impersonating an insurance-agency representative called Hendler and convinced him that he made a mistake with his recent health insurance policy upgrade. She got him to share his login information for his insurer's website, even getting him to give the one-time passcode sent to his phone. Once the hacker got what she needed, she disconnected the call, prompting Hendler to call back. When no one picked up the phone, he realized he had been conned.He immediately called his insurance company to check on his account. Nothing seemed out of place to the representative. But Hendler, who was previously a vice president of a software company, suspected something intangible could have been collected, so he reset his credentials."The chief of information security, who was on the call, he asked me, 'So, how do you want me to identify you? You gave your credentials; you gave your ID; you gave the one time password. How the hell can I identify that it's not you?' And I told him, 'But I never behave like this,'" Hendler recalled of the conversation.RevealSecurity, a Tel Aviv-based cyber startup that tracks user behavior for abnormalities, used this 27-page deck to raise its Series AA new data feed for bond tradingMark Lennihan/APFor years, the only way investors could figure out the going price of a corporate bond was calling up a dealer on the phone. The rise of electronic trading has streamlined that process, but data can still be hard to come by sometimes. A startup founded by a former Goldman Sachs exec has big plans to change that. BondCliQ is a fintech that provides a data feed of pre-trade pricing quotes for the corporate bond market. Founded by Chris White, the creator of Goldman Sachs' defunct corporate-bond-trading system, BondCliQ strives to bring transparency to a market that has traditionally kept such data close to the vest. Banks, which typically serve as the dealers of corporate bonds, have historically kept pre-trade quotes hidden from other dealers to maintain a competitive advantage.But tech advancements and the rise of electronic marketplaces have shifted power dynamics into the hands of buy-side firms, like hedge funds and asset managers. The investors are now able to get a fuller picture of the market by aggregating price quotes directly from dealers or via vendors.Here's the 9-page pitch deck that BondCliQ, a fintech looking to bring more data and transparency to bond trading, used to raise its Series AFraud prevention for lenders and insurersFiordaliso/Getty ImagesOnboarding new customers with ease is key for any financial institution or retailer. The more friction you add, the more likely consumers are to abandon the entire process.But preventing fraud is also a priority, and that's where Neuro-ID comes in. The startup analyzes what it calls "digital body language," or, the way users scroll, type, and tap. Using that data, Neuro-ID can identify fraudulent users before they create an account. It's built for banks, lenders, insurers, and e-commerce players."The train has left the station for digital transformation, but there's a massive opportunity to try to replicate all those communications that we used to have when we did business in-person, all those tells that we would get verbally and non-verbally on whether or not someone was trustworthy," Neuro-ID CEO Jack Alton told Insider.Founded in 2014, the startup's pitch is twofold: Neuro-ID can save companies money by identifying fraud early, and help increase user conversion by making the onboarding process more seamless. In December Neuro-ID closed a $7 million Series A, co-led by Fin VC and TTV Capital, with participation from Canapi Ventures. With 30 employees, Neuro-ID is using the fresh funding to grow its team and create additional tools to be more self-serving for customers.Here's the 11-slide pitch deck a startup that analyzes consumers' digital behavior to fight fraud used to raise a $7 million Series AAI-powered tools to spot phony online reviews FakespotMarketplaces like Amazon and eBay host millions of third-party sellers, and their algorithms will often boost items in search based on consumer sentiment, which is largely based on reviews. But many third-party sellers use fake reviews often bought from click farms to boost their items, some of which are counterfeit or misrepresented to consumers.That's where Fakespot comes in. With its Chrome extension, it warns users of sellers using potentially fake reviews to boost sales and can identify fraudulent sellers. Fakespot is currently compatible with Amazon, BestBuy, eBay, Sephora, Steam, and Walmart."There are promotional reviews written by humans and bot-generated reviews written by robots or review farms," Fakespot founder and CEO Saoud Khalifah told Insider. "Our AI system has been built to detect both categories with very high accuracy."Fakespot's AI learns via reviews data available on marketplace websites, and uses natural-language processing to identify if reviews are genuine. Fakespot also looks at things like whether the number of positive reviews are plausible given how long a seller has been active.Fakespot, a startup that helps shoppers detect robot-generated reviews and phony sellers on Amazon and Shopify, used this pitch deck to nab a $4 million Series AHelping fintechs manage dataProper Finance co-founders Travis Gibson (left) and Kyle MaloneyProper FinanceAs the flow of data becomes evermore crucial for fintechs, from the strappy startup to the established powerhouse, a thorny issue in the back office is becoming increasingly complex.Even though fintechs are known for their sleek front ends, the back end is often quite the opposite. Behind that streamlined interface can be a mosaic of different partner integrations — be it with banks, payments players and networks, or software vendors — with a channel of data running between them. Two people who know that better than the average are Kyle Maloney and Travis Gibson, two former employees of Marqeta, a fintech that provides other fintechs with payments processing and card issuance. "Take an established neobank for example. They'll likely have one or two card issuers, two to three bank partners, ACH processing for direct deposits and payouts, mobile check deposits, peer-to-peer payments, and lending," Gibson told Insider. Here's the 12-page pitch deck a startup helping fintechs manage their data used to score a $4.3 million seed from investors like Redpoint Ventures and Y CombinatorE-commerce focused business bankingMichael Rangel, cofounder and CEO, and Tyler McIntyre, cofounder and CTO of Novo.Kristelle Boulos PhotographyBusiness banking is a hot market in fintech. And it seems investors can't get enough.Novo, the digital banking fintech aimed at small e-commerce businesses, raised a $40.7 million Series A led by Valar Ventures in June. Since its launch in 2018, Novo has signed up 100,000 small businesses. Beyond bank accounts, it offers expense management, a corporate card, and integrates with e-commerce infrastructure players like Shopify, Stripe, and Wise.Founded in 2018, Novo was based in New York City, but has since moved its headquarters to Miami. Here's the 12-page pitch deck e-commerce banking startup Novo used to raise its $40 million Series AShopify for embedded financeProductfy CEO and founder, Duy VoProductfyProductfy is looking to break into embedded finance by becoming the Shopify of back-end banking services.Embedded finance — integrating banking services in non-financial settings — has taken hold in the e-commerce world. But Productfy is going after a different kind of customer in churches, universities, and nonprofits.The San Jose, Calif.-based upstart aims to help non-finance companies offer their own banking products. Productfy can help customers launch finance features in as little as a week and without additional engineering resources or background knowledge of banking compliance or legal requirements, Productfy founder and CEO Duy Vo told Insider. "You don't need an engineer to stand up Shopify, right? You can be someone who's just creating art and you can use Shopify to build your own online store," Vo said, adding that Productfy is looking to take that user experience and replicate it for banking services.Here's the 15-page pitch deck Productfy, a fintech looking to be the Shopify of embedded finance, used to nab a $16 million Series ADeploying algorithms and automation to small-business financingJustin Straight and Bernard Worthy, LoanWell co-foundersLoanWellBernard Worthy and Justin Straight, the founders of LoanWell, want to break down barriers to financing for small and medium-size businesses — and they've got algorithms and automation in their tech arsenals that they hope will do it.Worthy, the company's CEO, and Straight, its chief operating and financial officer, are powering community-focused lenders to fill a gap in the SMB financing world by boosting access to loans under $100,000. And the upstart is known for catching the attention, and dollars, of mission-driven investors. LoanWell closed a $3 million seed financing round in December led by Impact America Fund with participation from SoftBank's SB Opportunity Fund and Collab Capital.LoanWell automates the financing process — from underwriting and origination, to money movement and servicing — which shaves down an up-to-90-day process to 30 days or even same-day with some LoanWell lenders, Worthy said. SMBs rely on these loans to process quickly after two years of financial uncertainty. But the pandemic illustrated how time-consuming and expensive SMB financing can be, highlighted by efforts like the federal government's Paycheck Protection Program.Community banks, once the lifeline to capital for many local businesses, continue to shutter. And demands for smaller loan amounts remain largely unmet. More than half of business-loan applicants sought $100,000 or less, according to 2018 data from the Federal Reserve. But the average small-business bank loan was closer to six times that amount, according to the latest data from a now discontinued Federal Reserve survey.Here's the 14-page pitch deck LoanWell used to raise $3 million from investors like SoftBank.Branded cards for SMBsJennifer Glaspie-Lundstrom is the cofounder and CEO of Tandym.TandymJennifer Glaspie-Lundstrom is no stranger to the private-label credit-card business. As a former Capital One exec, she worked in both the card giant's co-brand partnerships division and its tech organization during her seven years at the company.Now, Glaspie-Lundstrom is hoping to use that experience to innovate a sector that was initially created in malls decades ago.Glaspie-Lundstrom is the cofounder and CEO of Tandym, which offers private-label digital credit cards to merchants. Store and private-label credit cards aren't a new concept, but Tandym is targeting small- and medium-sized merchants with less than $1 billion in annual revenue. Glaspie-Lundstrom said that group often struggles to offer private-label credit due to the expense of working with legacy players."What you have is this example of a very valuable product type that merchants love and their customers love, but a huge, untapped market that has heretofore been unserved, and so that's what we're doing with Tandym," Glaspi-Lundstrom told Insider.A former Capital One exec used this deck to raise $60 million for a startup helping SMBs launch their own branded credit cardsCatering to 'micro businesses'Stefanie Sample is the founder and CEO of FundidFundidStartups aiming to simplify the often-complex world of corporate cards have boomed in recent years.Business-finance management startup Brex was last valued at $12.3 billion after raising $300 million last year. Startup card provider Ramp announced an $8.1 billion valuation in March after growing its revenue nearly 10x in 2021. Divvy, a small business card provider, was acquired by Bill.com in May 2021 for approximately $2.5 billion.But despite how hot the market has gotten, Stefanie Sample said she ended up working in the space by accident. Sample is the founder and CEO of Fundid, a new fintech that provides credit and lending products to small businesses.This May, Fundid announced a $3.25 million seed round led by Nevcaut Ventures. Additional investors include the Artemis Fund and Builders and Backers. The funding announcement capped off the company's first year: Sample introduced the Fundid concept in April 2021, launched its website in May, and began raising capital in August."I never meant to do Fundid," Sample told Insider. "I never meant to do something that was venture-backed."Read the 12-page deck used by Fundid, a fintech offering credit and lending tools for 'micro businesses'Embedded payments for SMBsThe Highnote teamHighnoteBranded cards have long been a way for merchants with the appropriate bank relationships to create additional revenue and build customer loyalty. The rise of embedded payments, or the ability to shop and pay in a seamless experience within a single app, has broadened the number of companies looking to launch branded cards.Highnote is a startup that helps small to mid-sized merchants roll out their own debit and pre-paid digital cards. The fintech emerged from stealth on Tuesday to announce it raised $54 million in seed and Series A funding.Here's the 12-page deck Highnote, a startup helping SMBs embed payments, used to raise $54 million in seed and Series A fundingSpeeding up loans for government contractors OppZo cofounders Warren Reed and Randy GarrettOppZoThe massive market for federal government contracts approached $700 billion in 2020, and it's likely to grow as spending accelerates amid an ongoing push for investment in the nation's infrastructure. Many of those dollars flow to small-and-medium sized businesses, even though larger corporations are awarded the bulk of contracts by volume. Of the roughly $680 billion in federal contracts awarded in 2020, roughly a quarter, according to federal guidelines, or some $146 billion that year, went to smaller businesses.But peeking under the hood of the procurement process, the cofounders of OppZo — Randy Garrett and Warren Reed — saw an opportunity to streamline how smaller-sized businesses can leverage those contracts to tap in to capital.  Securing a deal is "a government contractor's best day and their worst day," as Garrett, OppZo's president, likes to put it."At that point they need to pay vendors and hire folks to start the contract. And they may not get their first contract payment from the government for as long as 120 days," Reed, the startup's CEO,  told Insider. Check out the 12-page pitch deck OppZo, a fintech that has figured out how to speed up loans to small government contractors, used to raise $260 million in equity and debtHelping small businesses manage their taxesComplYant's founder Shiloh Jackson wants to help people be present in their bookkeeping.ComplYantAfter 14 years in tax accounting, Shiloh Johnson had formed a core philosophy around corporate accounting: everyone deserves to understand their business's money and business owners need to be present in their bookkeeping process.She wanted to help small businesses understand "this is why you need to do what you're doing and why you have to change the way you think about tax and be present in your bookkeeping process," she told Insider. The Los Angeles native wanted small businesses to not only understand business tax no matter their size but also to find the tools they needed to prepare their taxes in one spot. So Johnson developed a software platform that provides just that.The 13-page pitch deck ComplYant used to nab $4 million that details the tax startup's plan to be Turbotax, Quickbooks, and Xero rolled into one for small business ownersAutomating accounting ops for SMBsDecimal CEO Matt Tait.DecimalSmall- and medium-sized businesses can rely on any number of payroll, expense management, bill pay, and corporate-card startups promising to automate parts of their financial workflow. Smaller firms have adopted this corporate-financial software en masse, boosting growth throughout the pandemic for relatively new entrants like Ramp and massive, industry stalwarts like Intuit. But it's no easy task to connect all of those tools into one, seamless process. And while accounting operations might be far from where many startup founders want to focus their time, having efficient back-end finances does mean time — and capital — freed up to spend elsewhere. For Decimal CEO Matt Tait, there's ample opportunity in "the boring stuff you have to do to survive as a company," he told Insider. Launched in 2020, Decimal provides a back-end tech layer that small- and medium-sized businesses can use to integrate their accounting and business-management software tools in one place.On Wednesday, Decimal announced a $9 million seed fundraising round led by Minneapolis-based Arthur Ventures, alongside Service Providers Capital and other angel investors. See the 13-page pitch deck for Decimal, a startup automating accounting ops for small businessesInvoice financing for SMBsStacey Abrams and Lara Hodgson, Now co-foundersNowAbout a decade ago, politician Stacey Abrams and entrepreneur Lara Hodgson were forced to fold their startup because of a kink in the supply chain — but not in the traditional sense.Nourish, which made spill-proof bottled water for children, had grown quickly from selling to small retailers to national ones. And while that may sound like a feather in the small business' cap, there was a hang-up."It was taking longer and longer to get paid, and as you can imagine, you deliver the product and then you wait and you wait, but meanwhile you have to pay your employees and you have to pay your vendors," Hodgson told Insider. "Waiting to get paid was constraining our ability to grow."While it's not unusual for small businesses to grapple with working capital issues, the dust was still settling from the Great Recession. Abrams and Hodgson couldn't secure a line of credit or use financing tools like factoring to solve their problem. The two entrepreneurs were forced to close Nourish in 2012, but along the way they recognized a disconnect in the system.  "Why are we the ones borrowing money, when in fact we're the lender here because every time you send an invoice to a customer, you've essentially extended a free loan to that customer by letting them pay later," Hodgson said. "And the only reason why we were going to need to possibly borrow money was because we had just given ours away for free to Whole Foods," she added.Check out the 7-page deck that Now, Stacey Abrams' fintech that wants to help small businesses 'grow fearlessly', used to raise $29 millionCheckout made easyRyan Breslow.Ryan BreslowAmazon has long dominated e-commerce with its one-click checkout flows, offering easier ways for consumers to shop online than its small-business competitors.Bolt gives small merchants tools to offer the same easy checkouts so they can compete with the likes of Amazon.The startup raised its $393 million Series D to continue adding its one-click checkout feature to merchants' own websites in October.Bolt markets to merchants themselves. But a big part of Bolt's pitch is its growing network of consumers — currently over 5.6 million — that use its features across multiple Bolt merchant customers. Roughly 5% of Bolt's transactions were network-driven in May, meaning users that signed up for a Bolt account on another retailer's website used it elsewhere. The network effects were even more pronounced in verticals like furniture, where 49% of transactions were driven by the Bolt network."The network effect is now unleashed with Bolt in full fury, and that triggered the raise," Bolt's founder and CEO Ryan Breslow told Insider.Here's the 12-page deck that one-click checkout Bolt used to outline its network of 5.6 million consumers and raise its Series DPayments infrastructure for fintechsQolo CEO and co-founder Patricia MontesiQoloThree years ago, Patricia Montesi realized there was a disconnect in the payments world. "A lot of new economy companies or fintech companies were looking to mesh up a lot of payment modalities that they weren't able to," Montesi, CEO and co-founder of Qolo, told Insider.Integrating various payment capabilities often meant tapping several different providers that had specializations in one product or service, she added, like debit card issuance or cross-border payments. "The way people were getting around that was that they were creating this spider web of fintech," she said, adding that "at the end of it all, they had this mess of suppliers and integrations and bank accounts."The 20-year payments veteran rounded up a group of three other co-founders — who together had more than a century of combined industry experience — to start Qolo, a business-to-business fintech that sought out to bundle back-end payment rails for other fintechs.Here's the 11-slide pitch deck a startup that provides payments infrastructure for other fintechs used to raise a $15 million Series ABetter use of payroll dataAtomic's Head of Markets, Lindsay DavisAtomicEmployees at companies large and small know the importance — and limitations — of how firms manage their payrolls. A new crop of startups are building the API pipes that connect companies and their employees to offer a greater level of visibility and flexibility when it comes to payroll data and employee verification. On Thursday, one of those names, Atomic, announced a $40 million Series B fundraising round co-led by Mercato Partners and Greylock, alongside Core Innovation Capital, Portage, and ATX Capital. The round follows Atomic's Series A round announced in October, when the startup raised a $22 million Series A from investors including Core Innovation Capital, Portage, and Greylock.Payroll startup Atomic just raised a $40 million Series B. Here's an internal deck detailing the fintech's approach to the red-hot payments space.Saving on vendor invoicesHoward Katzenberg, Glean's CEO and cofounderGleanWhen it comes to high-flying tech startups, headlines and investors typically tend to focus on industry "disruption" and the total addressable market a company is hoping to reach. Expense cutting as a way to boost growth typically isn't part of the conversation early on, and finance teams are viewed as cost centers relative to sales teams. But one fast-growing area of business payments has turned its focus to managing those costs. Startups like Ramp and established names like Bill.com have made their name offering automated expense-management systems. Now, one new fintech competitor, Glean, is looking to take that further by offering both automated payment services and tailored line-item accounts-payable insights driven by machine-learning models. Glean's CFO and founder, Howard Katzenberg, told Insider that the genesis of Glean was driven by his own personal experience managing the finance teams of startups, including mortgage lender Better.com, which Katzenberg left in 2019, and online small-business lender OnDeck. "As a CFO of high-growth companies, I spent a lot of time focused on revenue and I had amazing dashboards in real time where I could see what is going on top of the funnel, what's going on with conversion rates, what's going on in terms of pricing and attrition," Katzenberg told Insider. See the 15-slide pitch deck Glean, a startup using machine learning to find savings in vendor invoices, used to raise $10.8 million in seed fundingReal-estate management made easyAgora founders Noam Kahan, CTO, Bar Mor, CEO, and Lior Dolinski, CPOAgoraFor alternative asset managers of any type, the operations underpinning sales and investor communications are a crucial but often overlooked part of the business. Fund managers love to make bets on markets, not coordinate hundreds of wire transfers to clients each quarter or organize customer-relationship-management databases.Within the $10.6 trillion global market for professionally managed real-estate investing, that's where Tel Aviv and New York-based startup Agora hopes to make its mark.Founded in 2019, Agora offers a set of back-office, investor relations, and sales software tools that real-estate investment managers can plug into their workflows. On Wednesday, Agora announced a $9 million seed round, led by Israel-based venture firm Aleph, with participation from River Park Ventures and Maccabee Ventures. The funding comes on the heels of an October 2020 pre-seed fund raise worth $890,000, in which Maccabee also participated.Here's the 15-slide pitch deck that Agora, a startup helping real-estate investors manage communications and sales with their clients, used to raise a $9 million seed roundAccess to commercial real-estate investing LEX Markets cofounders and co-CEOs Drew Sterrett and Jesse Daugherty.LEX MarketsDrew Sterrett was structuring real-estate deals while working in private equity when he realized the inefficiencies that existed in the market. Only high-net worth individuals or accredited investors could participate in commercial real-estate deals. If they ever wanted to leave a partnership or sell their stake in a property, it was difficult to find another investor to replace them. Owners also struggled to sell minority stakes in their properties and didn't have many good options to recapitalize an asset if necessary.In short, the market had a high barrier to entry despite the fact it didn't always have enough participants to get deals done quickly. "Most investors don't have access to high-quality commercial real-estate investments. How do we have the oldest and largest asset class in the world and one of the largest wealth creators with no public and liquid market?" Sterrett told Insider. "It sort of seems like a no-brainer, and that this should have existed 50 or 60 years ago."This 15-page pitch deck helped LEX Markets, a startup making investing in commercial real estate more accessible, raise $15 millionInsurance goes digitalJamie Hale, CEO and cofounder of LadderLadderFintechs looking to transform how insurance policies are underwritten, issued, and experienced by customers have grown as new technology driven by digital trends and artificial intelligence shape the market. And while verticals like auto, homeowner's, and renter's insurance have seen their fair share of innovation from forward-thinking fintechs, one company has taken on the massive life-insurance market. Founded in 2017, Ladder uses a tech-driven approach to offer life insurance with a digital, end-to-end service that it says is more flexible, faster, and cost-effective than incumbent players.Life, annuity, and accident and health insurance within the US comprise a big chunk of the broader market. In 2020, premiums written on those policies totaled some $767 billion, compared to $144 billion for auto policies and $97 billion for homeowner's insurance.Here's the 12-page deck that Ladder, a startup disrupting the 'crown jewel' of the insurance market, used to nab $100 millionData science for commercial insuranceTanner Hackett, founder and CEO of CounterpartCounterpartThere's been no shortage of funds flowing into insurance-technology companies over the past few years. Private-market funding to insurtechs soared to $15.4 billion in 2021, a 90% increase compared to 2020. Some of the most well-known consumer insurtech names — from Oscar (which focuses on health insurance) to Metromile (which focuses on auto) — launched on the public markets last year, only to fall over time or be acquired as investors questioned the sustainability of their business models. In the commercial arena, however, the head of one insurtech company thinks there is still room to grow — especially for those catering to small businesses operating in an entirely new, pandemic-defined environment. "The bigger opportunity is in commercial lines," Tanner Hackett, the CEO of management liability insurer Counterpart, told Insider."Everywhere I poke, I'm like, 'Oh my goodness, we're still in 1.0, and all the other businesses I've built were on version three.' Insurance is still in 1.0, still managing from spreadsheets and PDFs," added Hackett, who also previously co-founded Button, which focuses on mobile marketing. See the 8-page pitch deck Counterpart, a startup disrupting commercial insurance with data science, used to raise a $30 million Series BSmarter insurance for multifamily propertiesItai Ben-Zaken, cofounder and CEO of Honeycomb.HoneycombA veteran of the online-insurance world is looking to revolutionize the way the industry prices risk for commercial properties with the help of artificial intelligence.Insurance companies typically send inspectors to properties before issuing policies to better understand how the building is maintained and identify potential risks or issues with it. It's a process that can be time-consuming, expensive, and inefficient, making it hard to justify for smaller commercial properties, like apartment and condo buildings.Insurtech Honeycomb is looking to fix that by using AI to analyze a combination of third-party data and photos submitted by customers through the startup's app to quickly identify any potential risks at a property and more accurately price policies."That whole physical inspection thing had really good things in it, but it wasn't really something that is scalable and, it's also expensive," Itai Ben-Zaken, Honeycomb's cofounder and CEO, told Insider. "The best way to see a property right now is Google street view. Google street view is usually two years old."Here's the 10-page Series A pitch deck used by Honeycomb, a startup that wants to revolutionize the $26 billion market for multifamily property insuranceHelping freelancers with their taxesJaideep Singh is the CEO and co-founder of FlyFin, an AI-driven tax preparation software program for freelancers.FlyFinSome people, particularly those with families or freelancing businesses, spend days searching for receipts for tax season, making tax preparation a time consuming and, at times, taxing experience. That's why in 2020 Jaideep Singh founded FlyFin, an artificial-intelligence tax preparation program for freelancers that helps people, as he puts it, "fly through their finances." FlyFin is set up to connect to a person's bank accounts, allowing the AI program to help users monitor for certain expenses that can be claimed on their taxes like business expenditures, the interest on mortgages, property taxes, or whatever else that might apply. "For most individuals, people have expenses distributed over multiple financial institutions. So we built an AI platform that is able to look at expenses, understand the individual, understand your profession, understand the freelance population at large, and start the categorization," Singh told Insider.Check out the 7-page pitch deck a startup helping freelancers manage their taxes used to nab $8 million in fundingDigital banking for freelancersJGalione/Getty ImagesLance is a new digital bank hoping to simplify the life of those workers by offering what it calls an "active" approach to business banking. "We found that every time we sat down with the existing tools and resources of our accountants and QuickBooks and spreadsheets, we just ended up getting tangled up in the whole experience of it," Lance cofounder and CEO Oona Rokyta told Insider. Lance offers subaccounts for personal salaries, withholdings, and savings to which freelancers can automatically allocate funds according to custom preset levels. It also offers an expense balance that's connected to automated tax withholdings.In May, Lance announced the closing of a $2.8 million seed round that saw participation from Barclays, BDMI, Great Oaks Capital, Imagination Capital, Techstars, DFJ Frontier, and others.Here's the 21-page pitch deck Lance, a digital bank for freelancers, used to raise a $2.8 million seed round from investors including BarclaysSoftware for managing freelancersWorksome cofounder and CEO Morten Petersen.WorksomeThe way people work has fundamentally changed over the past year, with more flexibility and many workers opting to freelance to maintain their work-from-home lifestyles.But managing a freelance or contractor workforce is often an administrative headache for employers. Worksome is a startup looking to eliminate all the extra work required for employers to adapt to more flexible working norms.Worksome started as a freelancer marketplace automating the process of matching qualified workers with the right jobs. But the team ultimately pivoted to a full suite of workforce management software, automating administrative burdens required to hire, pay, and account for contract workers.In May, Worksome closed a $13 million Series A backed by European angel investor Tommy Ahlers and Danish firm Lind & Risør.Here's the 21-slide pitch deck used by a startup that helps firms like Carlsberg and Deloitte manage freelancersPayments and operations support HoneyBook cofounders Dror Shimoni, Oz Alon, and Naama Alon.HoneyBookWhile countless small businesses have been harmed by the pandemic, self-employment and entrepreneurship have found ways to blossom as Americans started new ventures.Half of the US population may be freelance by 2027, according to a study commissioned by remote-work hiring platform Upwork. HoneyBook, a fintech startup that provides payment and operations support for freelancers, in May raised $155 million in funding and achieved unicorn status with its $1 billion-plus valuation.Durable Capital Partners led the Series D funding with other new investors including renowned hedge fund Tiger Global, Battery Ventures, Zeev Ventures, and 01 Advisors. Citi Ventures, Citigroup's startup investment arm that also backs fintech robo-advisor Betterment, participated as an existing investor in the round alongside Norwest Venture partners. The latest round brings the company's fundraising total to $227 million to date.Here's the 21-page pitch deck a Citi-backed fintech for freelancers used to raise $155 million from investors like hedge fund Tiger GlobalPay-as-you-go compliance for banks, fintechs, and crypto startupsNeepa Patel, Themis' founder and CEOThemisWhen Themis founder and CEO Neepa Patel set out to build a new compliance tool for banks, fintech startups, and crypto companies, she tapped into her own experience managing risk at some of the nation's biggest financial firms. Having worked as a bank regulator at the Office of the Comptroller of the Currency and in compliance at Morgan Stanley, Deutsche Bank, and the enterprise blockchain company R3, Patel was well-placed to assess the shortcomings in financial compliance software. But Patel, who left the corporate world to begin work on Themis in 2020, drew on more than just her own experience and frustrations to build the startup."It's not just me building a tool based on my personal pain points. I reached out to regulators. I reached out to bank compliance officers and members in the fintech community just to make sure that we're building it exactly how they do their work," Patel told Insider. "That was the biggest problem: No one built a tool that was reflective of how people do their work."Check out the 9-page pitch deck Themis, which offers pay-as-you-go compliance for banks, fintechs, and crypto startups, used to raise $9 million in seed fundingConnecting startups and investorsHum Capital cofounder and CEO Blair SilverbergHum CapitalBlair Silverberg is no stranger to fundraising.For six years, Silverberg was a venture capitalist at Draper Fisher Jurvetson and Private Credit Investments making bets on startups."I was meeting with thousands of founders in person each year, watching them one at a time go through this friction where they're meeting a ton of investors, and the investors are all asking the same questions," Silverberg told Insider. He switched gears about three years ago, moving to the opposite side of the metaphorical table, to start Hum Capital, which uses artificial intelligence to match investors with startups looking to fundraise.On August 31, the New York-based fintech announced its $9 million Series A. The round was led by Future Ventures with participation from Webb Investment Network, Wavemaker Partners, and Partech. This 11-page pitch deck helped Hum Capital, a fintech using AI to match investors with startups, raise a $9 million Series A.Helping LatAm startups get up to speedKamino cofounders Gut Fragoso, Rodrigo Perenha, Benjamin Gleason, and Gonzalo ParejoKaminoThere's more venture capital flowing into Latin America than ever before, but getting the funds in founders' hands is not exactly a simple process.In 2021, investors funneled $15.3 billion into Latin American companies, more than tripling the previous record of $4.9 billion in 2019. Fintech and e-commerce sectors drove funding, accounting for 39% and 25% of total funding, respectively.  However, for many startup founders in the region who have successfully sold their ideas and gotten investors on board, there's a patchwork of corporate structuring that's needed to access the funds, according to Benjamin Gleason, who was the chief financial officer at Groupon LatAm prior to cofounding Brazil-based fintech Kamino.It's a process Gleason and his three fellow Kamino cofounders have been through before as entrepreneurs and startup execs themselves. Most often, startups have to set up offshore financial accounts outside of Brazil, which "entails creating a Cayman [Islands] holding company, a Delaware LLC, and then connecting it to a local entity here and also opening US bank accounts for the Cayman entity, which is not trivial from a KYC perspective," said Gleason, who founded open-banking fintech Guiabolso in Sao Paulo. His partner, Gonzalo Parejo, experienced the same toils when he founded insurtech Bidu."Pretty much any international investor will usually ask for that," Gleason said, adding that investors typically cite liability issues."It's just a massive amount of bureaucracy, complexity, a lot of time from the founders. All of this just to get the money from the investor that wants to give them the money," he added.Here's the 8-page pitch deck Kamino, a fintech helping LatAm startups with everything from financing to corporate credit cards, used to raise a $6.1M pre-seed roundThe back-end tech for beautyDanielle Cohen-Shohet, CEO and founder of GlossGeniusGlossGeniusDanielle Cohen-Shohet might have started as a Goldman Sachs investment analyst, but at her core she was always a coder.After about three years at Goldman Sachs, Cohen-Shohet left the world of traditional finance to code her way into starting her own company in 2016. "There was a period of time where I did nothing, but eat, sleep, and code for a few weeks," Cohen-Shohet told Insider. Her technical edge and knowledge of the point-of-sale payment space led her to launch a software company focused on providing behind-the-scenes tech for beauty and wellness small businesses.Cohen-Shohet launched GlossGenius in 2017 to provide payments tech for hair stylists, nail technicians, blow-out bars, and other small businesses in the space.Here's the 11-page deck GlossGenius, a startup that provides back-end tech for the beauty industry, used to raise $16 millionRead the original article on Business Insider.....»»

Category: topSource: businessinsiderJul 11th, 2022

An Increasingly Hungry World: 8 Key Takeaways From The Food Inflation And Security Symposium

An Increasingly Hungry World: 8 Key Takeaways From The Food Inflation And Security Symposium Morgan Stanley recently held a virtual Food Inflation & Security Symposium, in which the bank discussed a wide range of topics with experts from around the world. The Symposium followed the publication of the bank's global collaborative note that involved over 30 Morgan Stanley analysts, entitled "Food Security & Inflation: From Seeds to Stores" (the note is available to professional subs). Below we summarize the bank's key takeaways and variables that will drive future food prices, along with associated impacts to businesses and geopolitics. 1. The majority view among experts and executives broadly matched Morgan Stanley's view that food prices will likely reach a peak in 2022, a view that is below consensus among investors and below forward commodity prices. That said, there was significant discussion during multiple Symposium sessions around the magnitude of variables that could impact pricing, variables that are challenging to predict. For example, a chemical company executive viewed potash prices as likely to have already hit a peak, but the executive also believed that potash prices would remain high, representing a disconnect from prior periods of much lower fertilizer prices. Other experts pointed out the magnitude of impacts to food prices from crucially important (and challenging to predict) variables such as weather (especially in South America over the next several months), energy prices and geopolitics (and many speakers highlighted how closely these last two variables are linked). 2. Regarding the outlook for grain prices, with fertilizer prices declining, farmers are still investing sufficiently to drive strong yields, which supports the bank's view that grain prices will peak in 2022. That said, weather could take the world to Morgan Stanley's high price case on grains, especially as the odds of a third consecutive La Niña are increasing (last time this happened was in 2001), and soil in Brazil and Argentina is already dry. This could be disruptive to inventories in the next year and has become a key concern. Market players are less worried about USA weather and crops, and in their views yields should be good, bringing more inventories and relief to short-term prices. Market players believe export restrictions generate short-term stress but gradually fade away, and were not overly concerned about the impacts of the reduction in Ukrainian supply. 3. Protein prices, especially beef, could continue to rise, a dynamic that MS analyst, Ricardo Alves, has emphasized in recent reports including. The quote from Ricardo's recent "Beef Super Cycle" report that has resonated with many investors: "Our in-depth supply & demand analysis shows that there's just not enough beef in the world right now." Beef is the most expensive protein, so of course demand is related to trade-down issues (pork and chicken relations), but there are multiple trends that favor strong continued demand for beef (e.g. China with gradual urbanization process, higher income per capita, higher and gradual penetration of beef). 4. Impacts to "downstream" industries: packaged Food companies are likely to face increasing retailer pushback to higher pricing as the leverage is shifting from suppliers to retailers. For many "downstream" industries such as Packaged Food producers, Morgan Stanley's base case food price estimates would be in-line to modestly bullish (in the sense that margin impacts from higher food prices may be somewhat overdone among the investor community). While input cost pressures are likely to moderate, consumers' increasing focus on value when food shopping and greater retailer pushback to higher pricing can weigh on packaged food companies' topline outlook. The expert discussion highlighted that retailers' increasing focus on costs and offering consumers value should lead to tougher price negotiations. 5. Geopolitical issues may continue to pressure existing food supply chains, with no easy short term fix. NATO recently stated the probability of the Russia/Ukraine conflict turning into a years-long war and under such conditions, it would be difficult to envision stable supply chain and trade corridors that could be established for agricultural commodities in the Ukraine. Similarly it’s difficult to envision sanctions on Russia being lifted, which should continue to create friction for their food exports. As Morgan Stanley details in its recent Blue Paper, the food issue is part of a larger secular challenge to supply chains from geopolitical issues. The twin trends of Slowbalization and the move to a ‘Multipolar World’ are forcing a rewiring of the global economy, where companies will out of necessity for supply chain security and public policy compliance invest in geographical diversification of supply chains. These transitions can be costly and have unintended consequences as they evolve. They also drive opportunities for the companies and countries that will be called on to build and house new supply chains. 6. The impacts of elevated food prices are dramatically different at the national level, with some countries benefiting (such as Argentina and Brazil), while other countries are likely to experience multiple negative impacts. For instance, countries including Egypt, Ethiopia, Somalia, and Yemen rely on food aid while not having offsetting oil revenues. Only Nigeria has oil revenues to offset food costs. While food prices are down from recent record highs, prices are still higher than any time since 1974. The ranks of deeply food import-dependent countries are growing. In the United States, programs such as food stamps and school meal programs impact tens of millions of Americans. Though inflation-based indexing and maximum benefit policies have been put in place in response to the Covid-19 pandemic, the shift back to pre-Covid policies is poised to significantly impact everyone receiving benefits from any one of 18 programs. Sizing it up, the 18 programs grew from $50b to $150b in program size during Covid. The Supplemental Nutrition Assistance Program (SNAP) alone is $100b. Every three months, the US HHS must extend the Public Health Emergency designation, currently in place through August this year. HHS has indicated that it would give the states a two-month notice prior to expiration. Seven states have already come off the public health emergency, and once it is over, a state may step in to offset a reduction in benefits. However, the amount of government assistance that goes away is likely to be stark. A silver lining would be if the loss of maximum benefits creates a sufficient incentive to increase labor force participation. 7. The biggest game-changer for AgTech in the last 5 years has not been new innovation so much as cheap computing power. Technology is no longer a nice-to-have but rather a must-have. New technologies from drones to precision fertilizers can deliver 7-15% returns improvements within year one; importantly agnostic to the size of fields which had always been a limiting factor for smaller landowners. However, the biggest challenge at the moment remains sourcing labor. While automation tools are available, there is no expeditious solution in current markets. 8. Sustainability implications are complex and require a nuanced approach from investors. ESG must address both food security and sustainable approaches to food production, which in some instances, have a complicated relationship. In the current backdrop, historic parallels of food-related social unrest emphasize the social considerations of economically producing sufficient amounts of food. Long-term, however, unsustainable farming practices contribute to climate change, a key structural risk to food security. According to MS panelists, investors should "realistically" approach solutions that have no agreed upon definition from a sustainability perspective - such as gene editing. Investors should also recognize farmers are often too "risk saturated" to realize potentially lower yields from a shift toward regenerative farming practices. As a result, corporates that are dependent on farmers, a critical and climate-vulnerable part of the supply chain, should consider supporting the industry's transition by absorbing some of this risk. More in the full Morgan Stanley note available to pro subs. Tyler Durden Sun, 07/10/2022 - 20:00.....»»

Category: blogSource: zerohedgeJul 10th, 2022

ANSYS" (ANSS) Simulation Solutions Leveraged by Samsung

ANSYS' (ANSS) simulation solutions are utilized by Samsung to boost semiconductor design times and reduce time to market. ANSYS ANSS electromagnetic (or “EM”) simulation tools are adopted by Samsung to advance the development of latest on-chip designs, including 5G/6G, on advanced chips, nodes, and process technologies to boost high-speed connectivity.The company’s software solutions have automation capabilities to optimize calculations and modeling as well as enhanced capacity, which will aid Samsung in speeding up the design process, added ANSYS.By implementing Ansys RaptorX, Ansys VeloceRF, and Ansys Exalto solutions, Samsung will be able to cut down the time to market by two to three weeks on smaller designs and up to two months for complex designs, noted ANSYS.ANSYS’ EM solutions will also help Samsung designers to easily model complex on-chip scenarios like dummy tiles, which consist of millions of metal pieces in a fraction of the time. ANSYS EM solutions also feature near real-time modeling capabilities that protect designs from EM interference and reduce chances of chip failure.ANSYS, Inc. Price and Consensus  ANSYS, Inc. price-consensus-chart | ANSYS, Inc. Quote Higher Demand for Simulation Software Bodes WellCanonsburg, PA-based ANSYS is the global leader in the high-end design simulation software industry. The company offers simulation solutions for developing next-generation 5G product designs, autonomous vehicles (AVs), thinner and more reliable mobile and Internet of Things (IoT) products and high-performance chips for advanced driver assistance systems.The company’s software solutions are used by well-known manufacturing companies, including Samsung and LG. Virtual prototyping, instead of physical prototyping, helps these companies save considerable money, driving demand for simulation software solutions. The company’s robust product portfolio and cross-domain offering will continue to drive the customer base going ahead.According to a Grand View Research report, the global simulation software market is expected to witness a CAGR of 13.5% from 2022 to 2030.In the last reported quarter, the company’s non-GAAP revenues of $428.6 million surpassed the Zacks Consensus Estimate by 5.5%. The top line increased 15% (up 18% at constant-currency or cc) from the year-ago quarter.Higher adoption of ANSYS’ simulation solutions in the various verticals like aerospace & defense, high tech, ground transportation and automotive is driving the top-line performance. Increases in chip designing activity in the semiconductor space is another tailwind.For second-quarter 2022, ANSYS expects non-GAAP earnings of $1.46-$1.64 per share. Non-GAAP revenues are anticipated to be between $450 million and $475 million. Management projects a non-GAAP operating margin of 36-38.1%.The Zacks Consensus Estimate for revenues and earnings for the second quarter is pegged at $466.1 million and $1.62 per share, respectively.The stock has declined 28.6% in the past year against the industry’s decline of 13.2%.Zacks Rank & Stocks to ConsiderCurrently, ANSYS carries a Zacks Rank #3 (Hold).A few better-ranked stocks from the broader technology sector worth consideration are Synopsys SNPS, Aspen Technology AZPN and Broadcom AVGO. All stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for Broadcom’s fiscal 2022 earnings is pegged at $37.06 per share, up 4% in the past 60 days. AVGO’s long-term earnings growth rate is pegged at 14.5%.Broadcom’s earnings beat the Zacks Consensus Estimate in all the preceding four quarters, with the average being 2.2%. Shares of AVGO have gained 3.8% of their value in the past year.The Zacks Consensus Estimate for Synopsys 2022 earnings is pegged at $8.47 per share, rising 7.2% in the past 60 days. The long-term earnings growth rate is anticipated to be 19.6%.Synopsys earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 2.7%. Shares of SNPS have increased 13.8% in the past year.The Zacks Consensus Estimate for Aspen’s fiscal 2022 earnings is pegged at $5.50 per share, rising 1.5% in the past 60 days. The long-term earnings growth rate is anticipated to be 18.4%.Aspen’s earnings beat the Zacks Consensus Estimate in three of the last four quarters, the average being 4.1%. Shares of AZPN have grown 29.1% in the past year. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Broadcom Inc. (AVGO): Free Stock Analysis Report Synopsys, Inc. (SNPS): Free Stock Analysis Report ANSYS, Inc. (ANSS): Free Stock Analysis Report Aspen Technology, Inc. (AZPN): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJul 10th, 2022