Latest news with #AIT
Yahoo
11 hours ago
- Business
- Yahoo
ALK participates at Jefferies Global Healthcare Conference 2025 in New York
ALK (ALKB:DC / OMX: ALK B) today announced that the company is participating at the Jefferies Global Healthcare Conference 2025 in New York City taking place from 3 - 5 June 2025. Claus Steensen Sølje, Executive Vice President and CFO, this morning (EDT) participated in a fireside chat at the conference. A webcast replay of the fireside chat is available on ALK's investor site: Investors | ALK or through this link. ALK-Abelló A/S For further information please contact: Investor Relations: Per Plotnikof, tel. +45 4574 7527, mobile +45 2261 2525 Media: Maiken Riise Andersen, tel. +45 5054 1434 About ALKALK is a global specialty pharmaceutical company focused on allergy and allergic asthma. ALK manufactures and markets allergy immunotherapy ('AIT') treatments and other products and services for people with allergy and allergy doctors. Headquartered in Hørsholm, Denmark, ALK employs around 2,800 people worldwide and is listed on Nasdaq Copenhagen. Find more information at Attachment InvestorNews_04June25_ALK Jefferies Global Healthcare ConferenceError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
AIT Consulting Recognized as 2025 Innovation Award Winner by OneStream
HOUSTON, May 20, 2025 /PRNewswire/ -- Today, AIT Consulting, a trusted advisor in corporate performance management, is pleased to announce they have been recognized as the Partner Innovation Award winner by OneStream at OneStream Splash. The Partner Innovation Award recognizes the partner who has creatively extended the OneStream platform to drive new and innovative use cases for their customer. Whether through custom applications, new integrations, or expanding OneStream's capabilities into non-traditional areas, this award highlights partners who push the boundaries of what's possible with OneStream. OneStream is the leading enterprise finance platform that unifies all your financial and operational data, embeds AI for better decisions and productivity, and can extend the evolving needs of your business. OneStream Splash brings together finance leaders and experts within the Office of the CFO for four days to explore how Finance leaders can go beyond just reporting on past performance towards steering the business to the future. "We are incredibly proud of AIT's growth over the past several years and the continued recognition of our team's commitment to delivering high-quality OneStream projects that result in consistently successful and happy customers," said Ben Novak, Managing Director at AIT Consulting. "This innovation award is a testament to the exceptional talent and dedication of our employees, whose relentless focus on client success has enabled us to achieve 100% implementation, optimization, and enhancement success across all projects. Our team works tirelessly to collaborate, innovate, and share best practices, ensuring that we not only deliver impactful OneStream solutions, but also continuously improve and optimize the OneStream environments of every client we serve." "We are thrilled to announce AIT Consulting as the 2025 Partner Innovation Award winner," said Stephanie Cramp, Senior Vice President, Global Alliances at OneStream. "The Partner Excellence Awards recognize the leading innovation and expertise of our partners, who are essential to OneStream's growth across the globe. As we continue to expand into new markets, these partners are essential for providing our customers with the tools, expertise and support to drive insights and deliver long-term growth." AIT Consulting is a premier implementation partner specializing exclusively in OneStream Software, with a proven track record of delivering over 250 successful projects across 100+ clients. As a top-tier Diamond partner, AIT is known for its unwavering commitment to 100% customer success, best-in-class user experience, and the highest standards of quality and innovation. The firm's team of finance, accounting, and technology experts work closely with clients to design and deploy OneStream solutions that not only meet immediate needs but also lay the foundation for long-term finance transformation and future state office of the CFO environments. AIT's proprietary OneStream solutions are purpose-built to simplify and enhance day-to-day user workflows, providing clients with interactive, dynamic, and scalable tools that improve data accuracy, accelerate decision-making, and unlock meaningful business insights. With a relentless focus on continuous improvement, AIT empowers clients to maximize their investments in OneStream and drive measurable business value across an organization. About OneStream OneStream is how today's Finance teams can go beyond just reporting on the past and Take Finance Further by steering the business to the future. It's the leading enterprise finance platform that unifies financial and operational data, embeds AI for better decisions and productivity, and empowers the CFO to become a critical driver of business strategy and execution. We deliver a comprehensive cloud-based platform to modernize the Office of the CFO. Our Digital Finance Cloud unifies core financial and broader operational data and processes and embeds AI for better planning and forecasting, with an extensible architecture, so customers can adopt and develop new solutions, achieving greater value as their business needs evolve. With over 1,600 customers, including 17% of the Fortune 500, more than 300 go-to-market, implementation, and development partners and over 1,500 employees, our vision is to be the operating system for modern finance. To learn more, visit About AIT Consulting Founded in 2018, AIT Consulting is a leading OneStream advisory and consulting firm dedicated to driving financial transformation by intentionally combining deep expertise in finance and accounting with advanced technical systems knowledge. AIT has extensive experience transforming and optimizing financial consolidations, reporting and planning processes far beyond their clients' legacy results. The firm is committed to delivering indisputable value and industry-leading OneStream solutions across all engagements. For more information, visit: View original content to download multimedia: SOURCE AIT Consulting
Malaysian Reserve
20-05-2025
- Business
- Malaysian Reserve
AIT Consulting Recognized as 2025 Innovation Award Winner by OneStream
HOUSTON, May 20, 2025 /PRNewswire/ — Today, AIT Consulting, a trusted advisor in corporate performance management, is pleased to announce they have been recognized as the Partner Innovation Award winner by OneStream at OneStream Splash. The Partner Innovation Award recognizes the partner who has creatively extended the OneStream platform to drive new and innovative use cases for their customer. Whether through custom applications, new integrations, or expanding OneStream's capabilities into non-traditional areas, this award highlights partners who push the boundaries of what's possible with OneStream. OneStream is the leading enterprise finance platform that unifies all your financial and operational data, embeds AI for better decisions and productivity, and can extend the evolving needs of your business. OneStream Splash brings together finance leaders and experts within the Office of the CFO for four days to explore how Finance leaders can go beyond just reporting on past performance towards steering the business to the future. 'We are incredibly proud of AIT's growth over the past several years and the continued recognition of our team's commitment to delivering high-quality OneStream projects that result in consistently successful and happy customers,' said Ben Novak, Managing Director at AIT Consulting. 'This innovation award is a testament to the exceptional talent and dedication of our employees, whose relentless focus on client success has enabled us to achieve 100% implementation, optimization, and enhancement success across all projects. Our team works tirelessly to collaborate, innovate, and share best practices, ensuring that we not only deliver impactful OneStream solutions, but also continuously improve and optimize the OneStream environments of every client we serve.' 'We are thrilled to announce AIT Consulting as the 2025 Partner Innovation Award winner,' said Stephanie Cramp, Senior Vice President, Global Alliances at OneStream. 'The Partner Excellence Awards recognize the leading innovation and expertise of our partners, who are essential to OneStream's growth across the globe. As we continue to expand into new markets, these partners are essential for providing our customers with the tools, expertise and support to drive insights and deliver long-term growth.' AIT Consulting is a premier implementation partner specializing exclusively in OneStream Software, with a proven track record of delivering over 250 successful projects across 100+ clients. As a top-tier Diamond partner, AIT is known for its unwavering commitment to 100% customer success, best-in-class user experience, and the highest standards of quality and innovation. The firm's team of finance, accounting, and technology experts work closely with clients to design and deploy OneStream solutions that not only meet immediate needs but also lay the foundation for long-term finance transformation and future state office of the CFO environments. AIT's proprietary OneStream solutions are purpose-built to simplify and enhance day-to-day user workflows, providing clients with interactive, dynamic, and scalable tools that improve data accuracy, accelerate decision-making, and unlock meaningful business insights. With a relentless focus on continuous improvement, AIT empowers clients to maximize their investments in OneStream and drive measurable business value across an organization. About OneStream OneStream is how today's Finance teams can go beyond just reporting on the past and Take Finance Further by steering the business to the future. It's the leading enterprise finance platform that unifies financial and operational data, embeds AI for better decisions and productivity, and empowers the CFO to become a critical driver of business strategy and execution. We deliver a comprehensive cloud-based platform to modernize the Office of the CFO. Our Digital Finance Cloud unifies core financial and broader operational data and processes and embeds AI for better planning and forecasting, with an extensible architecture, so customers can adopt and develop new solutions, achieving greater value as their business needs evolve. With over 1,600 customers, including 17% of the Fortune 500, more than 300 go-to-market, implementation, and development partners and over 1,500 employees, our vision is to be the operating system for modern finance. To learn more, visit About AIT Consulting Founded in 2018, AIT Consulting is a leading OneStream advisory and consulting firm dedicated to driving financial transformation by intentionally combining deep expertise in finance and accounting with advanced technical systems knowledge. AIT has extensive experience transforming and optimizing financial consolidations, reporting and planning processes far beyond their clients' legacy results. The firm is committed to delivering indisputable value and industry-leading OneStream solutions across all engagements. For more information, visit:
Yahoo
20-05-2025
- Business
- Yahoo
AIT Consulting Recognized as 2025 Innovation Award Winner by OneStream
HOUSTON, May 20, 2025 /PRNewswire/ -- Today, AIT Consulting, a trusted advisor in corporate performance management, is pleased to announce they have been recognized as the Partner Innovation Award winner by OneStream at OneStream Splash. The Partner Innovation Award recognizes the partner who has creatively extended the OneStream platform to drive new and innovative use cases for their customer. Whether through custom applications, new integrations, or expanding OneStream's capabilities into non-traditional areas, this award highlights partners who push the boundaries of what's possible with OneStream. OneStream is the leading enterprise finance platform that unifies all your financial and operational data, embeds AI for better decisions and productivity, and can extend the evolving needs of your business. OneStream Splash brings together finance leaders and experts within the Office of the CFO for four days to explore how Finance leaders can go beyond just reporting on past performance towards steering the business to the future. "We are incredibly proud of AIT's growth over the past several years and the continued recognition of our team's commitment to delivering high-quality OneStream projects that result in consistently successful and happy customers," said Ben Novak, Managing Director at AIT Consulting. "This innovation award is a testament to the exceptional talent and dedication of our employees, whose relentless focus on client success has enabled us to achieve 100% implementation, optimization, and enhancement success across all projects. Our team works tirelessly to collaborate, innovate, and share best practices, ensuring that we not only deliver impactful OneStream solutions, but also continuously improve and optimize the OneStream environments of every client we serve." "We are thrilled to announce AIT Consulting as the 2025 Partner Innovation Award winner," said Stephanie Cramp, Senior Vice President, Global Alliances at OneStream. "The Partner Excellence Awards recognize the leading innovation and expertise of our partners, who are essential to OneStream's growth across the globe. As we continue to expand into new markets, these partners are essential for providing our customers with the tools, expertise and support to drive insights and deliver long-term growth." AIT Consulting is a premier implementation partner specializing exclusively in OneStream Software, with a proven track record of delivering over 250 successful projects across 100+ clients. As a top-tier Diamond partner, AIT is known for its unwavering commitment to 100% customer success, best-in-class user experience, and the highest standards of quality and innovation. The firm's team of finance, accounting, and technology experts work closely with clients to design and deploy OneStream solutions that not only meet immediate needs but also lay the foundation for long-term finance transformation and future state office of the CFO environments. AIT's proprietary OneStream solutions are purpose-built to simplify and enhance day-to-day user workflows, providing clients with interactive, dynamic, and scalable tools that improve data accuracy, accelerate decision-making, and unlock meaningful business insights. With a relentless focus on continuous improvement, AIT empowers clients to maximize their investments in OneStream and drive measurable business value across an organization. About OneStream OneStream is how today's Finance teams can go beyond just reporting on the past and Take Finance Further by steering the business to the future. It's the leading enterprise finance platform that unifies financial and operational data, embeds AI for better decisions and productivity, and empowers the CFO to become a critical driver of business strategy and execution. We deliver a comprehensive cloud-based platform to modernize the Office of the CFO. Our Digital Finance Cloud unifies core financial and broader operational data and processes and embeds AI for better planning and forecasting, with an extensible architecture, so customers can adopt and develop new solutions, achieving greater value as their business needs evolve. With over 1,600 customers, including 17% of the Fortune 500, more than 300 go-to-market, implementation, and development partners and over 1,500 employees, our vision is to be the operating system for modern finance. To learn more, visit About AIT Consulting Founded in 2018, AIT Consulting is a leading OneStream advisory and consulting firm dedicated to driving financial transformation by intentionally combining deep expertise in finance and accounting with advanced technical systems knowledge. AIT has extensive experience transforming and optimizing financial consolidations, reporting and planning processes far beyond their clients' legacy results. The firm is committed to delivering indisputable value and industry-leading OneStream solutions across all engagements. For more information, visit: View original content to download multimedia: SOURCE AIT Consulting Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
AIT Q1 Earnings Call: Margin Expansion and M&A Offset Weak Organic Growth
Industrial products distributor Applied Industrial (NYSE:AIT) met Wall Street's revenue expectations in Q1 CY2025, with sales up 1.8% year on year to $1.17 billion. Its GAAP profit of $2.57 per share was 6.5% above analysts' consensus estimates. Is now the time to buy AIT? Find out in our full research report (it's free). Revenue: $1.17 billion vs analyst estimates of $1.17 billion (1.8% year-on-year growth, in line) EPS (GAAP): $2.57 vs analyst estimates of $2.41 (6.5% beat) Adjusted EBITDA: $144.9 million vs analyst estimates of $142 million (12.4% margin, 2.1% beat) EPS (GAAP) guidance for the full year is $9.93 at the midpoint, roughly in line with what analysts were expecting Operating Margin: 11.1%, in line with the same quarter last year Free Cash Flow Margin: 9.8%, up from 6.7% in the same quarter last year Organic Revenue fell 3.7% year on year (-0.1% in the same quarter last year) Market Capitalization: $8.84 billion Applied Industrial's first-quarter performance reflected ongoing end-market softness, with organic revenue declining even as reported sales growth was supported by acquisitions. Management attributed the margin improvement to cost controls, channel execution, and contributions from the recently acquired Hydradyne business. CEO Neil Schrimsher noted that service center sales trends improved as the quarter progressed, while Engineered Solutions continued to face challenges, particularly in fluid power, but saw order growth in automation and technology segments. Looking ahead, management expressed caution given evolving tariffs, global trade policy uncertainty, and customer hesitancy around capital spending. The company's full-year outlook factors in limited direct exposure to tariffs but anticipates possible supplier-driven price increases. Schrimsher said, 'We remain focused on internal growth and margin initiatives and believe our U.S.-centric technical industry position provides near-term resilience and strong growth catalyst long-term,' but emphasized that near-term demand could remain subdued as customers await clarity on broader economic policy. Applied Industrial's management emphasized that disciplined execution and margin initiatives helped offset weak organic growth in the quarter. They also highlighted order momentum in targeted segments and continued strategic investments. Margin Expansion Initiatives: Gross and EBITDA margins improved year-over-year, benefiting from cost management, favorable product mix, and early contributions from the Hydradyne acquisition. Management stated that gross margin expansion has occurred in nine of the past eleven quarters. Hydradyne Acquisition Integration: The integration of Hydradyne is progressing as planned, with expected synergy benefits to increase in upcoming quarters. Hydradyne contributed positively to both sales and margin performance. Automation Orders Growth: Orders in the automation segment grew by over 30% year-over-year, with management noting this as a key area of long-term growth, though much of the order book is for projects with longer conversion timelines. Service Center Stabilization: While Service Center segment sales declined organically, trends improved sequentially through the quarter, and margins benefitted from operational discipline and working capital management. Exposure to Tariffs and Pricing: Management reiterated that direct procurement exposure to tariffs is less than 2% of cost of goods sold, but acknowledged indirect impacts as suppliers announce price increases. They pointed to their ability to manage inflation and pass through costs as demonstrated during previous inflationary periods. Management's outlook for the rest of the year is shaped by external macro uncertainties, ongoing margin initiatives, and the strategic integration of acquisitions, with a particular emphasis on navigating potential tariff impacts and sustaining order momentum in targeted segments. Tariff and Trade Uncertainty: The evolving landscape for tariffs and global trade policy is seen as a potential headwind, as customers may delay spending until policy clarity emerges. Management anticipates supplier price increases may become more pronounced depending on future tariff actions. Engineered Solutions Backlog: Positive order trends and backlog growth in Engineered Solutions, particularly in automation and technology, are expected to support growth as these orders convert to revenue in later quarters. Cost Discipline and M&A Synergies: Continued focus on cost control, working capital efficiency, and capturing synergies from recent acquisitions are expected to help sustain margin performance even if demand remains muted. Christopher Glynn (Oppenheimer): Asked about end-customer exposure to China sourcing and signs of domestic activity. Management suggested technology, food and beverage, and construction-related verticals could benefit if domestic activity picks up. Christopher Glynn (Oppenheimer): Sought detail on automation and fluid power order trends. Management reported automation order growth of 30% year-over-year and double-digit gains in fluid power technology. David Manthey (Baird): Inquired about the approach to layering tariff-driven price increases into guidance. Management said price increases are being included as they are announced by suppliers, with limited fourth-quarter impact expected. Sabrina Abrams (Bank of America): Asked about the apparent deceleration in the Q4 guide compared to Q3. Management cited a cautious approach due to macro uncertainty and timing effects such as holidays impacting April sales. Ken Newman (KeyBanc): Questioned incremental margin expectations and capital deployment priorities. Management reaffirmed a focus on mid- to high-teen incrementals through the cycle and prioritizing growth investments, M&A, and disciplined share repurchases. In the coming quarters, StockStory analysts will be monitoring (1) the pace of order conversion and backlog realization in Engineered Solutions, especially in automation; (2) the timing and impact of supplier price increases related to tariffs on both revenue and margins; and (3) further integration milestones and synergy capture from recent acquisitions, particularly Hydradyne and IRIS Factory Automation. The evolution of customer capital spending and any shifts in end-market demand will also remain important signposts. Applied Industrial currently trades at a forward P/E ratio of 21.4×. Should you load up, cash out, or stay put? Find out in our free research report. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
