Latest news with #OneStream
Yahoo
6 days ago
- Business
- Yahoo
OneStream CEO highlights ‘deterministic' AI approach
This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: Enterprise software company OneStream will continue to build and refine AI solutions that help CFOs solve 'deterministic,' rather than 'subjective' problems, as it looks to execute on the strong performance it logged for its second quarter — where it reported a 26% increase in revenue year-over-year and a 281% jump in free cash flow, CEO and President Tom Shea told CFO Dive. The Birmingham, Mich.-based company's Q2 results show 'customers like that we have this platform that can deliver not only on the core financial capabilities that CFOs need, but also operational and AI [capabilities], and that journey is really resonating with CFOs,' Shea said in an interview. The business remains focused on developing AI solutions that will provide finance leaders with the transparent, trusted data they need from such technologies — rather than generating summaries or theories that require interpretation. 'We understand that in order for AI to be meaningful for CFOs, when CFOs are looking for deterministic solutions that have to be fact-based, we have to provide both the trust and the transparency, or there will be no adoption,' he said. Dive Insight: For the quarter ended June 30, OneStream reported total revenues of $147.6 million, while free cash flow hit $29.4 million compared to $7.7 million for the prior year period, according to its earnings results released Thursday. Net income reached $1.6 million, compared to an operating loss of $8.7 million for the prior year period. OneStream's bid to build out 'deterministic' AI tools comes as the finance chief's role has continued to evolve, Shea highlighted during the software provider's Q2 earnings call Friday. As CFOs take on more strategic and operational responsibilities, they are also examining how AI and similar technologies can be best used in the finance function. 'Having utilized outdated legacy financial systems for decades, CFOs are recognizing the crucial need for a platform to provide a single view into financial and operational data across the enterprise to effectively steer the business,' Shea said Friday according to a transcript, pointing to key business drivers for OneStream. The company is seeking to continue the growth shown in Q2 throughout the rest of the year, with an eye towards further strengthening profitability and cash flow, Shea told CFO Dive. For the fiscal year 2025, OneStream is targeting revenue between $586 million to $590 million, as well as net income per share of between $0.07 - $0.15, according to its earnings report. As it works towards that guidance, the company has continued to add new AI solutions to its 'SensibleAI' product suite, where it offers tools such as SensibleAI Forecast, which can aid financial leaders in scenario modeling and in identifying risk. In May, the company announced it would introduce agentic AI tools, including a 'deep analysis agent,' into the SensibleAI suite to help financial leaders address complex questions, CFO Dive previously reported. The agents remain in private preview and will be released in the next half year, Shea said. 'We're in the process right now validating that customers are getting that transparent response, that they can trust it,' Shea said of OneStream's agentic AI solutions. OneStream is one of several software providers which has moved to develop agentic AI solutions as finance leaders mull the potential benefits of such tools. A recent study by Salesforce found that on average, finance chiefs allocate 25% of their current AI budgets to agents, CFO Dive previously reported, while Salesforce CEO Marc Benioff previously announced plans to deploy one billion such agents by the end of the year. As OneStream continues to move forward with its agentic AI plans, the business is also weighing how current macroeconomic trends could impact its future strategy. OneStream is optimistic about its future growth, but the business is 'balancing' that positivity with 'some near-term prudence, just simply around the federal government,' Shea said, noting the company has a significant presence in the federal government. OneStream achieved Federal Risk and Authorization Management Program (FedRAMP) High authorization status in March, a designation that enables it to be used by federal agencies 'that require the highest level of security for the government's most sensitive, unclassified data in cloud computing environments,' according to a press release at the time. During its Q2 earnings call, 'we indicated that there's some uncertainty around the federal buying pattern in the near term, but we feel great about our long-term opportunity,' Shea said. Recommended Reading Zoom rebrands, aims to be known as 'AI-first' company 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
10-08-2025
- Business
- Yahoo
OneStream Second Quarter 2025 Earnings: Beats Expectations
OneStream (NASDAQ:OS) Second Quarter 2025 Results Key Financial Results Revenue: US$147.6m (up 26% from 2Q 2024). Net loss: US$18.4m (loss widened by 90% from 2Q 2024). US$0.10 loss per share. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period OneStream Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 35%. Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US. Performance of the American Software industry. The company's shares are down 13% from a week ago. Risk Analysis Before we wrap up, we've discovered 2 warning signs for OneStream that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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
10-08-2025
- Business
- Yahoo
OneStream Second Quarter 2025 Earnings: Beats Expectations
OneStream (NASDAQ:OS) Second Quarter 2025 Results Key Financial Results Revenue: US$147.6m (up 26% from 2Q 2024). Net loss: US$18.4m (loss widened by 90% from 2Q 2024). US$0.10 loss per share. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period OneStream Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 35%. Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US. Performance of the American Software industry. The company's shares are down 13% from a week ago. Risk Analysis Before we wrap up, we've discovered 2 warning signs for OneStream that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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
14-07-2025
- Business
- Yahoo
OneStream Enhances Platform with New Productivity Tools, Power BI Integration, Version 9 Release
OneStream Inc. (NASDAQ:OS) is one of the best new tech stocks with huge upside potential. Earlier in May, OneStream unveiled a series of enhancements at its Splash 2025 user conference. The new offerings include Productivity Tools, a certified Power BI Connector integration with Microsoft Fabric, and the release of Version 9 of the OneStream Platform. The OneStream Productivity Tools consist of Allocations, which is a user-friendly and no-coding solution to enable finance professionals to easily build and manage allocation models. Another tool would be Analytic Drill-Down, which is a dynamic interface that allows front-line users to drill into multiple dimensions for real-time variance analysis. Then there's Admin Assist, which is a collection of 35+ reports and utilities that streamline security, metadata, and performance management. A professional executive in a modern office setting talking on the phone surrounded by their digital media software delivery platform. OneStream also expanded its data integration capabilities with the Power BI Connector for Microsoft Fabric. The new integration allows users to natively combine and analyze OneStream data with other enterprise sources within Microsoft Fabric. This fosters new insights across the business by using an end-to-end, intelligent solution widely adopted by finance leaders. Additionally, Version 9 of the OneStream Platform reached general availability. OneStream Inc. (NASDAQ:OS) delivers a unified, AI-enabled, and extensible software platform in the US and internationally. While we acknowledge the potential of OS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. 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
Associated Press
03-06-2025
- Business
- Associated Press
Ascend Partners Launches CLIMB Program: A Groundbreaking Initiative in the OneStream Ecosystem
Ascend Partners' CLIMB program sets a new standard in career development for the OneStream ecosystem. NEW YORK CITY, NEW YORK / ACCESS Newswire / June 3, 2025 / Ascend Partners, a leading OneStream Diamond Partner, is proud to announce the launch of the CLIMB (Consultants Learning IT, Management, and Business) program. This innovative career development initiative is the first of its kind in the OneStream ecosystem, designed to bridge the gap between academic learning and professional CLIMB Program Ascend CLIMB Program The CLIMB program equips new graduates and professionals with hands-on expertise in Enterprise Performance Management (EPM) within the OneStream ecosystem. Through a 12-week paid apprenticeship and a two-year associate program, participants receive immersive training, personalized mentorship, and real-world business experience. This comprehensive approach prepares them to excel as in-demand OneStream implementation experts and future industry leaders. As the fastest-growing EPM platform with an extensive customer base across various industries, OneStream offers businesses a comprehensive, unified solution designed to optimize financial processes, improve decision-making, and drive organizational growth. By streamlining close & consolidations, reporting, and financial planning & analysis, OneStream is reshaping finance operations-making specialists proficient in this technology more sought after than ever. 'The launch of the CLIMB program marks a significant milestone in our commitment to fostering talent and driving innovation within the OneStream ecosystem,' said Peter Popalis, Managing Partner at Ascend Partners. 'We are excited to provide aspiring professionals with the tools and opportunities they need to excel in their careers and contribute to the growth of the platform.' Colin Sawford, Managing Partner of Ascend Partners, added, 'As a leading OneStream Diamond Partner, Ascend is dedicated to the continuous development of our industry. The CLIMB program is a testament to our mission of bridging the gap between technical skills and functional knowledge, ensuring that our cohorts are well-equipped to meet the demands of the evolving EPM landscape.' Key Highlights of the CLIMB Program: Several prestigious higher education institutions have partnered with the CLIMB program to provide their students with unparalleled career development opportunities. The CLIMB program is ideal for recent graduates, career changers, and professionals with a passion for financial technology and business consulting. Applications are now open for the first cohort of the CLIMB program which is set to begin in September 2025. To learn more, visit or email [email protected] About Ascend Partners Ascend Partners, a trusted advisor in EPM consulting, proudly serves our clients globally from our headquarters in New York, NY. Ascend focuses exclusively on the OneStream platform and, as their most trusted Diamond partner, we have delivered 60+ successful go-lives for a growing portfolio of clients across many industries including mining, real estate, manufacturing and more. With a global presence and over a decade of industry experience, Ascend Partners is committed to developing the next generation of OneStream professionals through the CLIMB program. About OneStream OneStream is the fastest-growing EPM platform, transforming financial processes for over 1,200 customers around the world. Recognized as a Top Quadrant leader by Gartner, OneStream empowers businesses across industries like mining, manufacturing, real estate, higher education, and retail. Contact InformationOralia Spriggs CLIMB +1 (647) 957-6000 SOURCE: Ascend Partners Inc. press release
