Latest news with #DATOne
Yahoo
21-05-2025
- Business
- Yahoo
Roper Exhibits Strong Prospects Despite Persisting Headwinds
Roper Technologies, Inc. ROP is benefiting from strength across its segments. Solid momentum across the Deltek, Vertafore, PowerPlan and Aderant businesses bodes well for the Application Software segment. The growing adoption of SaaS solutions and continued GenAI innovation are key catalysts to Aderant's growth and solid demand for SaaS solutions in the GovCon and private sectors and cloud offerings bode well for the Deltek business. The Vertafore business is gaining from excellent enterprise delivery capabilities to the largest customers in the market, which has also resulted in strong annual recurring revenue (ARR) growth. Strong customer retention and adoption of new SaaS solutions are aiding the PowerPlan demand for Gen AI-powered solutions within the ConstructConnect business and strong customer retention are fostering the growth of the Network Software segment. Increased average revenue per user (ARPU), driven by a rise in product packaging and continued customer cross-sell activity, is supporting the DAT business. Continued growth in SoftWriters and SHP alternate site healthcare businesses bodes well for the Technology enabled Products segment's growth is being supported by the solid performance of the Neptune business, due to continued demand for ultrasonic meters. Strength in the Verathon business, driven by strength across single-use BFlex & GlideScope offerings, bodes well for the segment. Strength in the NDI business, driven by strong demand for cardiac & orthopedic surgical programs, is aiding the segment as solidified its product portfolio and leveraged business opportunities through asset additions. It's worth noting that acquisitions boosted the company's sales by 8% in the first quarter of 2025. In March 2025, Roper signed a definitive deal with Insight Partners to acquire CentralReach, a provider of SaaS solutions for Applied Behavior Analysis treatment. The inclusion of CentralReach's leading software solutions, high recurring revenue mix and strong customer retention capability is expected to boost the company's organic revenue and EBITDA growth. Management expects the transaction to be completed in April/May 2025, conditioned on the fulfillment of certain customary closing December 2024, Roper's business unit, DAT Freight & Analytics, completed the acquisition of Trucker Tools LLC. The acquisition will enable the company to strengthen DAT's real-time GPS tracking and load optimization features on the DAT One platform. During the third quarter of 2024, Roper completed the acquisition of Transact Campus. The inclusion of Transact's expertise in campus technology and payment solutions enabled the company to boost its CBORD business, which provides food service, nutrition, access and security and campus commerce commitment to rewarding shareholders through dividends and share buybacks is encouraging. In the first quarter, the company rewarded its shareholders with a dividend payment of $88.6 million, up 10.1% year over year. Also, in 2024, it rewarded its shareholders with dividend payments of $321.9 million, up 10.9% year over year. In November 2024, the company hiked its dividend by 10%.In the year-to-date period, this Zacks Rank #3 (Hold) company's shares have gained 11.7% against the industry's 5.0% decline. Image Source: Zacks Investment Research ROP is dealing with escalating costs and expenses. In the first quarter of 2025, the cost of sales increased 17.9% year over year while selling, general and administrative expenses climbed 9.8%. Cost of sales, as a percentage of sales, was 31.3%, up 260 basis points year over year. Higher costs related to the amortization of acquired assets are pushing up operating expenses. Escalating costs, if not controlled, may impede the company's bottom has considerable exposure to overseas markets. This brings social and environmental risks as well as forex woes. A stronger U.S. dollar is weighing on the company's overseas business performance. Some better-ranked companies are discussed below:Unisys Corporation UIS currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks delivered a trailing four-quarter average earnings surprise of 46.9%. In the past 60 days, the Zacks Consensus Estimate for Unisys' 2025 earnings has increased 132%.Cognizant Technology Solutions Corporation CTSH presently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter average earnings surprise of 6.4%.In the past 60 days, the consensus estimate for CTSH's 2025 earnings has increased 1.6%. Ltd. TBLA presently carries a Zacks Rank of 2. It has a trailing four-quarter average earnings surprise of 12.3%.The Zacks Consensus Estimate for TBLA's 2025 earnings has increased20% in the past 60 days. 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 Cognizant Technology Solutions Corporation (CTSH) : Free Stock Analysis Report Roper Technologies, Inc. (ROP) : Free Stock Analysis Report Unisys Corporation (UIS) : Free Stock Analysis Report Ltd. (TBLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
16-05-2025
- Business
- Yahoo
DAT acquires Outgo, enters race to become dominant freight exchange platform
DAT Freight & Analytics acquired factoring and fintech provider Outgo on Thursday, bringing modern payment infrastructure into the DAT One ecosystem and redefining how freight carriers book and get paid for loads. Terms of the deal were not disclosed. DAT isn't merely expanding its portfolio; it's restructuring how transactions flow through the freight marketplace. The logistics world has historically dealt with payment delays that could stretch for weeks. With Outgo's technology now embedded in DAT One, carriers can get paid within hours, sometimes in as little as 15 minutes, according to a news release, which added that this brings a level of liquidity that's vital for small carriers and owner-operators whose businesses run on thin margins. Founded in 2022 by former Uber and Convoy technologists, Outgo has focused its efforts on disrupting freight finance by bundling banking, factoring and payment services into a single platform. Its 'fractional factoring' model gives carriers more control, allowing them to factor only what they need, when they need it, compared to the traditional carrier-factoring relationship that required long-term contracts or minimums. 'We're relentlessly focused on transforming how carriers get paid so it's faster, more flexible, and puts them in control of their finances. … Joining a company with the reputation and trust that DAT has earned will allow us to continue to develop payment innovations at a greater scale for the benefit of both carriers and brokers,' said CEO and co-founder of Outgo Marcus Womack, in the to DAT CEO Jeff Clementz, the integration of Outgo reflects the company's broader ambition: to create a smarter, more connected logistics marketplace where load matching, compliance, visibility and now payments live under one roof. Brokers that meet Outgo's qualification standards receive a 'blue check,' signaling their loads are eligible for near-instant payment processing – a small badge with big implications for carrier trust and load prioritization. The implications go beyond efficiency. In a landscape increasingly vulnerable to fraud, delayed payments and identity theft, embedding secure, real-time payments within a trusted network enhances not only speed but also security. DAT has already invested in carrier vetting tools and authentication layers like its Carrier Management Suite and Trucker Tools acquisition; Outgo rounds out the stack of security improvements the company is focused on. This move also expands the already growing market in freight fintech. Triumph Financial has similarly been focused on leveraging its legacy fintech solutions to bring more value to its shipper, broker and carrier customers. The company recently acquired Isometric Technologies and to build its own freight intelligence and payments ecosystem. It already dominates a large share of freight brokerage payments and is rumored to be looking to enter load matching, a space historically ruled by freight carriers and brokers, the stakes are high. DAT is positioning itself not just as a load board, but as the freight industry's central exchange. Disclosure: Craig Fuller, founder and CEO of FreightWaves, is an investor in Outgo. Articles by Grace Sharkey Avocados, auto parts and ambushes: Inside Mexico's cargo theft crisis Flock Freight's shared truckload model hauls in $60M Series E Is English proficiency enforcement the right focus for safer roads?The post DAT acquires Outgo, enters race to become dominant freight exchange platform appeared first on FreightWaves.
Yahoo
15-05-2025
- Business
- Yahoo
DAT redefines freight payments with Outgo acquisition
BEAVERTON, Ore., May 15, 2025--(BUSINESS WIRE)--DAT Freight & Analytics has acquired Outgo Inc., adding fast, transparent payments to the industry's largest freight marketplace. Outgo is a financial technology company and factoring service that automates invoice payments and other back-office functions for trucking companies. The acquisition reinforces DAT's commitment to helping freight carriers find the best loads, book them quickly, and get paid almost instantly—all in one place. "Cash flow is the lifeblood of small carriers, and at the heart of any great high-trust marketplace is the payment connection between the buyer and seller," said Jeff Clementz, Chief Executive Officer and President of DAT. "Outgo sets the industry standard for funding speed, transparency, and flexibility." Outgo automates broker setup, invoicing, factoring, and collections without long-term contracts or minimums. It commits to settling approved unpaid invoices within four hours, with many processed in as little as 15 to 90 minutes. Going forward, carriers on DAT One will have access to Outgo's AI-powered payment services. Any load posted to the DAT network with a blue checkmark is eligible for factoring, so carriers can feel assured that they'll get paid quickly. "Acquiring Outgo paves the way for DAT to embed payments and financial services into our DAT One freight platform," Clementz said. "We can bring more value to our customers and build on our position as the industry's most trusted marketplace by offering a smarter, faster path to payment that's fully integrated into the customer's workflow." "We're relentlessly focused on transforming how carriers get paid so it's faster, more flexible, and puts them in control of their finances," said Marcus Womack, Chief Executive Officer and co-founder of Outgo. "Joining a company with the reputation and trust that DAT has earned will allow us to continue to develop payment innovations at a greater scale for the benefit of both carriers and brokers." Outgo was launched in 2022 by senior leaders from transportation technology companies, including Uber and Convoy. Outgo will operate from its Seattle office as a distinct service within DAT, with Womack joining the DAT executive team. Outgo will continue to provide customer support through multiple channels, with user-friendly tools both on the web and on its app. "By combining the Outgo team's deep payments expertise with DAT's award-winning customer support and freight match knowledge, customers can get the support they need to find work and get paid, all in one platform," Womack said. For more information about DAT One and factoring with Outgo, visit About Outgo Outgo is a modern payments platform for freight. Outgo has rebuilt factoring to put the carrier first, and bundles banking and factoring to make funds instantly available. Founded by former executives at top transportation companies, the company was launched in 2022 and is headquartered in Seattle. To learn more, visit Outgo is a financial technology company and not a bank. Banking services provided by TransPecos Banks, SSB, Members FDIC. About DAT Freight & Analytics DAT Freight & Analytics operates DAT One, North America's largest truckload freight marketplace; DAT iQ, the industry's leading freight data analytics service; and Trucker Tools, the leader in load visibility. Shippers, transportation brokers, carriers, news organizations, and industry analysts rely on DAT for market trends and data insights, informed by nearly 700,000 daily load posts and a database exceeding $1 trillion in freight market transactions. Founded in 1978, DAT is a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Headquartered in Beaverton, Oregon, DAT continues to set the standard for innovation in the trucking and logistics industry. Visit for more information. View source version on Contacts DAT Contact Georgia JablonPR@ / 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
Business Wire
15-05-2025
- Business
- Business Wire
DAT redefines freight payments with Outgo acquisition
BEAVERTON, Ore.--(BUSINESS WIRE)--DAT Freight & Analytics has acquired Outgo Inc., adding fast, transparent payments to the industry's largest freight marketplace. The acquisition reinforces DAT's commitment to helping freight carriers find the best loads, book them quickly, and get paid almost instantly—all in one place. Outgo is a financial technology company and factoring service that automates invoice payments and other back-office functions for trucking companies. The acquisition reinforces DAT's commitment to helping freight carriers find the best loads, book them quickly, and get paid almost instantly—all in one place. 'Cash flow is the lifeblood of small carriers, and at the heart of any great high-trust marketplace is the payment connection between the buyer and seller,' said Jeff Clementz, Chief Executive Officer and President of DAT. 'Outgo sets the industry standard for funding speed, transparency, and flexibility.' Outgo automates broker setup, invoicing, factoring, and collections without long-term contracts or minimums. It commits to settling approved unpaid invoices within four hours, with many processed in as little as 15 to 90 minutes. Going forward, carriers on DAT One will have access to Outgo's AI-powered payment services. Any load posted to the DAT network with a blue checkmark is eligible for factoring, so carriers can feel assured that they'll get paid quickly. 'Acquiring Outgo paves the way for DAT to embed payments and financial services into our DAT One freight platform,' Clementz said. 'We can bring more value to our customers and build on our position as the industry's most trusted marketplace by offering a smarter, faster path to payment that's fully integrated into the customer's workflow.' 'We're relentlessly focused on transforming how carriers get paid so it's faster, more flexible, and puts them in control of their finances," said Marcus Womack, Chief Executive Officer and co-founder of Outgo. 'Joining a company with the reputation and trust that DAT has earned will allow us to continue to develop payment innovations at a greater scale for the benefit of both carriers and brokers.' Outgo was launched in 2022 by senior leaders from transportation technology companies, including Uber and Convoy. Outgo will operate from its Seattle office as a distinct service within DAT, with Womack joining the DAT executive team. Outgo will continue to provide customer support through multiple channels, with user-friendly tools both on the web and on its app. 'By combining the Outgo team's deep payments expertise with DAT's award-winning customer support and freight match knowledge, customers can get the support they need to find work and get paid, all in one platform,' Womack said. For more information about DAT One and factoring with Outgo, visit About Outgo Outgo is a modern payments platform for freight. Outgo has rebuilt factoring to put the carrier first, and bundles banking and factoring to make funds instantly available. Founded by former executives at top transportation companies, the company was launched in 2022 and is headquartered in Seattle. To learn more, visit Outgo is a financial technology company and not a bank. Banking services provided by TransPecos Banks, SSB, Members FDIC. About DAT Freight & Analytics DAT Freight & Analytics operates DAT One, North America's largest truckload freight marketplace; DAT iQ, the industry's leading freight data analytics service; and Trucker Tools, the leader in load visibility. Shippers, transportation brokers, carriers, news organizations, and industry analysts rely on DAT for market trends and data insights, informed by nearly 700,000 daily load posts and a database exceeding $1 trillion in freight market transactions. Founded in 1978, DAT is a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Headquartered in Beaverton, Oregon, DAT continues to set the standard for innovation in the trucking and logistics industry. Visit for more information.
Business Wire
09-05-2025
- Business
- Business Wire
DAT: Truckload volumes, rates slipped in April amid freight-market uncertainty
BEAVERTON, Ore.--(BUSINESS WIRE)--Spot truckload freight volumes declined in April, a sign that tariff-related stockpiling, a slowdown in manufacturing, and general seasonality contributed to reduced demand for trucking services, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service. The DAT Truckload Volume Index (TVI) declined slightly for van and reefer freight: Year-over-year comparisons were positive, with the Van TVI up 1%, Reefer TVI up 4%, and Flatbed TVI up 5% compared to April 2024. 'The market feels frozen,' said Ken Adamo, Chief of Analytics at DAT Freight & Analytics. 'April brought the usual seasonal opportunities in produce and construction materials. But broader economic factors—including uncertainty over tariffs and the pull-forward of inventory this year—put a damper on growth in overall freight volumes, especially compared to previous years.' There was little movement in national average spot van and reefer truckload rates, which is typical between March and April. The flatbed rate increased for the fifth straight month. Van: $1.96 per mile, down 3 cents from March Reefer: $2.27 per mile, unchanged Flatbed: $2.57 per mile, up 4 cents The van linehaul rate averaged $1.57 per mile, down 3 cents month over month; the reefer rate was unchanged at $1.85; and the flatbed rate was $2.11, up 5 cents. Linehaul rates exclude an average fuel surcharge amount, which was 39 cents, 42 cents, and 46 cents for vans, reefers, and flatbeds, respectively. Contract truckload rates edged higher compared to March but lagged behind April 2024 averages: Contract Van: $2.40 per mile, unchanged month over month and 6 cents lower year over year Contract Reefer: $2.74 per mile, up 2 cents and 8 cents lower year over year Contract Flatbed: $3.08 per mile, up 4 cents and 5 cents lower year over year The spread between contract and spot rates increased for the fourth straight month, at 44 cents for vans, 47 cents for reefers, and 51 cents for flatbeds. When spot rates fall relative to contract pricing, it can signal a soft or oversupplied market where carriers have to accept lower rates to keep moving. 'Carriers were hoping April rates would be a springboard into a stronger Q2,' Adamo said. 'Instead, the optimistic case is that they've reached a pricing floor heading into the traditional summer peak shipping season in May and June. How 'traditional' the season looks has yet to be determined.' About the DAT Truckload Volume Index The DAT Truckload Volume Index reflects the change in the number of loads with a pickup date during that month. A baseline of 100 equals the number of loads moved in January 2015, as recorded in DAT RateView, a database tracking rates paid on an average of 3 million loads per month. DAT benchmark spot rates are derived from invoice data for hauls of 250 miles or more with a pickup date during the month reported. Linehaul rates exclude an amount equal to an average fuel surcharge. About DAT Freight & Analytics DAT Freight & Analytics operates DAT One, North America's largest truckload freight marketplace; DAT iQ, the industry's leading freight data analytics service; and Trucker Tools, the leader in load visibility. Shippers, transportation brokers, carriers, news organizations, and industry analysts rely on DAT for market trends and data insights, informed by nearly 700,000 daily load posts and a database exceeding $1 trillion in freight market transactions. Founded in 1978, DAT is a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Headquartered in Beaverton, Ore., DAT continues to set the standard for innovation in the trucking and logistics industry. Visit for more information.
