Position doing the winning: current wins credited to a standing already held, with more arriving over it
The model's full reasoning — Q2 2018 call → NOThe question asks whether management credits a standing the company already holds as the operative cause of current wins, and conveys that further business is arriving over that same standing without a proportional new push. Looking at the transcript, the key discussion about "currently winning business" relates to the CM&C segment (carbon materials and chemicals). Leroy Ball says: "The end markets for coal-tar products are strong, raw material supplies tight, and therefore the pricing environment for our products has never been stronger in my eight years with the Company. And make no mistake, if we did not take the actions that we did three years ago to streamline our capacity we would not be experiencing anything even remotely close to the success we're achieving right now." This credits past actions (streamlining capacity three years ago) as the cause of current success. That's a standing built before this period. The wins are happening now (strong pricing, success being achieved). For continuation: "The aluminum market was already beginning to heat up and then the Section 232 tariffs went out and several companies are now restarting a vital part lines and smelters in the U.S. And while we're working on ways to serve the surging U.S. aluminum market in a way that aligns with our longer term strategy, that the very least, the current market dynamics support an extended period of higher value being realized for our carbon based products." Hmm, this mentions market dynamics supporting extended period. But is that "more arriving over the same standing"? The continuation seems more tied to market dynamics than to the standing itself. Also, the China business: "Our large contractual soft-pitch customer ran their operation throughout the first quarter... That same customer took their operation down in the second quarter for a maintenance turnaround... Both the customer and supplier are in the process of starting back up and we'll be supplying product within the next two weeks and are expected to resume further balance of the year." This is about a contractual relationship resuming, not new business arriving over a standing.
| Ticker | Company | Call | Date | Call grade |
|---|---|---|---|---|
| NICE | NICE Ltd. | Q4 2023 | 2024-02-22 | B+ |
| ACGL | Arch Capital Group Ltd. | Q4 2023 | 2024-02-15 | B+ |
| CHT | Chunghwa Telecom Co., Ltd. | Q4 2023 | 2024-01-30 | C |
| IMAX | IMAX Corporation | Q2 2023 | 2023-07-26 | B+ |
| SPIR | Spire Global, Inc. | Q1 2023 | 2023-05-10 | B |
| FTHM | Fathom Holdings, Inc. | Q1 2023 | 2023-05-10 | C |
| BXSL | Blackstone Secured Lending Fund | Q1 2023 | 2023-05-10 | A |
| POOL | Pool Corporation | Q4 2022 | 2023-02-16 | C+ |
| EXFY | Expensify, Inc. | Q2 2022 | 2022-08-12 | D |
| HLIO | Helios Technologies, Inc. | Q1 2022 | 2022-05-10 | C |
| BXP | Boston Properties, Inc. | Q1 2022 | 2022-05-03 | A |
| GFS | GLOBALFOUNDRIES Inc. | Q3 2021 | 2021-11-30 | A |
| WMB | The Williams Companies, Inc. | Q3 2021 | 2021-11-02 | B |
| PRIM | Primoris Services Corporation | Q2 2018 | 2018-08-11 | C+ |
| ORAN | Orange SA | Q2 2018 | 2018-07-26 | B |
| ROK | Rockwell Automation, Inc. | Q4 2017 | 2017-11-08 | C |
| MKTX | MarketAxess Holdings Inc. | Q3 2017 | 2017-10-25 | C+ |
| LEA | Lear Corporation | Q2 2017 | 2017-07-26 | B+ |
| HPP | Hudson Pacific Properties, Inc. | Q4 2015 | 2016-02-25 | C |
EXFY · Q2 2022 → YESThe question is about whether management credits a standing the company already holds as the reason they're currently winning business, and that more is arriving over that same standing without a new ...YES The transcript shows management crediting their pre-existing bottom-up adoption model and differentiated platform position (already in place since day one, with SMB focus and unique acquisition mechanics) as the operative cause of current wins. This is evident in statements like the model being "overwhelmingly driving the success of our business" and competitors routing customers to them due to the same standing. Further business is conveyed as already arriving through the same position, with trends continuing and the best quarter ever achieved on that foundation, even as they note additional investments in sales and conferences.
FTHM · Q1 2023 → YESThe question is about whether management credits a standing the company already holds as the reason they're currently winning business, and if more business is arriving over that same standing without...YES The transcript shows management crediting the company's pre-existing low-cost flat-fee model, owned technology, and culture-driven retention as the durable standing already in place that is generating current wins (market share gains, 18% agent growth, 60% of March referrals, and transaction resilience vs. peers). They describe these as flowing directly from that standing rather than fresh effort, while conveying continuation through the referral program's ongoing positive impact and the model's ability to draw more agents without proportional new marketing push.
ORAN · Q2 2018 → YESThe question is about whether management credits a standing the company already holds as the reason they're currently winning business, and that more is arriving over that same standing without a new ...YES The transcript shows management repeatedly tying current wins (net adds, ARPU growth, EBITDA expansion) directly to a pre-existing durable position: the #1 convergent operator status already achieved through prior leadership in fixed/mobile networks and fiber rollout, plus the installed base of 10.