Break from their own history: management says the current business no longer follows the company's own past pattern — fo
The model's full reasoning — Q2 2022 call → NOWe need to determine if management explicitly frames current business as a positive departure from its own historical pattern, anchored in present-tense facts. Let's scan the transcript for such statements. Cathy Zoi: "Through the first six months of this year, we have already eclipsed the number of stalls we placed into operation in all of 2021. The same is true for mobilized stalls, which for the first half of the year are already 15% above where they were for the entirety of 2021." This is a comparison to last year, but is it a departure from historical pattern? It's a comparison to 2021, not necessarily a broader historical pattern. But it says "already eclipsed" and "15% above" - that's a pace comparison. However, is it framed as a departure from the company's own history? It's a comparison to last year, which is a historical period. But the instruction says "not against last year alone" - so comparing to last year alone is not enough. It must be against the company's own history more broadly. Here it's specifically against 2021. So that might not qualify. But later: "we continue to increase our active engineering and construction development pipeline, which is now over 3600." That's a number, not a comparison. Cathy: "In June, we activated plug in charge for all GM EVs on the EVgo network." That's a feature, not a pattern break. Cathy: "On fleet offering EVgo is now part of a managed charging pilot program with a major Midwestern investor owned utility..." That's a new engagement, but not a pattern break. Cathy: "We also recently announced a charging partnership with the City of Philadelphia..." Again, new. Cathy: "In May, we announced a commercial agreement with Cadillac..." New. Cathy: "Last month in collaboration with GM and Pilot Company, we announced an EVgo extend product to deploy up to 2,000 charging stalls..." That's a big deal, but is it framed as a departure from historical pattern? She says "This GM-Pilot partnership represents the first major announcement of the EVgo eXtend offering we highlighted earlier this year." That's a first, but not necessarily a pattern break in terms of business pace. Cathy: "In July, we also entered into a charger supply agreement with Delta electronics...
| Ticker | Company | Call | Date | Call grade |
|---|---|---|---|---|
| SFIX | Stitch Fix, Inc. | Q3 2024 | 2024-06-04 | C+ |
| ASB | Associated Banc-Corp | Q1 2024 | 2024-04-25 | A |
| GIII | G-III Apparel Group, Ltd. | Q4 2024 | 2024-03-14 | C |
| MNKD | MannKind Corporation | Q4 2023 | 2024-02-27 | C |
| NICE | NICE Ltd. | Q4 2023 | 2024-02-22 | B+ |
| DXCM | DexCom, Inc. | Q4 2023 | 2024-02-08 | B+ |
| IMAX | IMAX Corporation | Q2 2023 | 2023-07-26 | B+ |
| PFIE | Profire Energy, Inc. | Q1 2023 | 2023-05-13 | B |
| CRL | Charles River Laboratories International | Q2 2022 | 2022-08-03 | C |
| CCRN | Cross Country Healthcare, Inc. | Q1 2022 | 2022-05-04 | B |
| STC | Stewart Information Services Corporation | Q1 2022 | 2022-04-29 | C+ |
| SOPH | SOPHiA GENETICS SA | Q4 2021 | 2022-03-15 | C |
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| KTB | Kontoor Brands, Inc. | Q3 2021 | 2021-11-04 | A |
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| SATS | EchoStar Corporation | Q1 2018 | 2018-05-10 | C+ |
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| RCL | Royal Caribbean Cruises Ltd. | Q1 2016 | 2016-04-29 | C+ |
PFIE · Q1 2023 → YESThe question is: Does management declare that what's happening RIGHT NOW is a POSITIVE DEPARTURE FROM THE COMPANY'S OWN HISTORICAL PATTERN, anchored in specific present-tense operating facts? YES Ryan Oviatt explicitly frames the current quarter as a departure from the company’s own history: “second highest revenue quarter ever,” “best quarterly net income and EBITDA in company history,” “eight quarters of sequential revenue growth,” and “three of the top five revenue quarters have all been within the last nine months … within the last nine months.” He anchors the break in concrete present-tense facts: “revenue from our legacy business for the prior six months exceeds our total revenue for all of 2021,” “Our share in this market has never been stronger,” and “We have now supported the integration of over 85, 000 burner management solutions.” Cameron Tidball reinforces the same point: “Q1 represented one of the strongest quarters in our history, surpassing our strong 2022 Q3 and Q4 results” and “eight consecutive quarters of top-line revenue growth.
DXCM · Q4 2023 → YESThe question is: Does management declare that what's happening RIGHT NOW is a POSITIVE DEPARTURE FROM THE COMPANY'S OWN HISTORICAL PATTERN, anchored in specific present-tense operating facts? YES Management explicitly frames 2023 as “one of the most transformational years in our company’s history” and states that the G7 launch “has completely changed the market landscape in the US” while noting the prescriber base expanded by ~40% and primary-care scripts now exceed 70% of new business. These characterizations are anchored in concrete, present-tense operating facts that occurred during the just-completed year (600 k new users, $1 B Q4 revenue, $1 B adjusted EBITDA, record free-cash-flow growth, doubled reimbursed population, fastest quarterly U.S. growth since early 2021).
ADSK · Q3 2019 → YESThe question is: Does management declare that what's happening RIGHT NOW is a POSITIVE DEPARTURE FROM THE COMPANY'S OWN HISTORICAL PATTERN, anchored in specific present-tense operating facts? YES Management explicitly frames the current quarter as a departure from their own recent history by declaring it “the highest growth quarter for both [ARR and ARPS] since we started our business model transition over four years ago.” They anchor the claim in concrete, present-tense operating facts already occurring in Q3: record growth 33% in total ARR, 17% ARPS increase, 143,000 subscription additions, 53,000 cloud subs, and the sum of revenue growth plus free-cash-flow margin reaching 32% “a level we have not seen for four years.