Winning is getting easier: management describes the effort needed to land each new piece of business visibly falling, wi
The model's full reasoning — Q2 2018 call → NOThe user wants me to determine if management conveys that it has recently become easier for the company to win business, with three specific criteria: (1) a comparison against the company's own past, (2) real recent proof of wins, and (3) the easing is still in effect. Let me scan the transcript for relevant statements. Looking at the RF Technology segment discussion, Brian Jellison says: "And then we had double-digit growth from the customer service centers that we have and we're winning more and more business in that area. There's a lot more visibility today on the part of these people that are going out and soliciting work on customer service centers because some of the competitors have had significant challenges recently, and the competitive advantage of using TransCore has never been more apparent." This mentions competitors having challenges, which is a temporary condition. But let me look further. "Just recently, the Governor of New York was talking about the incredible success of the cashless tolling project that we managed last year and into this year, which came in both below budget and on time. And if you look at a lot of the other projects people talk about in the transportation arena, you can never find those words, below budget, on time inside anybody's messaging." This is about reputation and track record helping win business. But is there a comparison against the company's own past? Let me look at the toll and traffic discussion: "So we're going to be very selective on what we take. But we're getting double-digit growth, we think that's going to continue because all you got to do is pick up the newspaper or read about some of the horror stories of what our competitors have done to not be able to bring on anything new and wind up with millions of unpaid toll requests. So that kind of changes the competitive advantage we have because we deliver what we say we'll do; not everybody else does." This attributes the ease to competitors' failures, which is somewhat temporary. But the company's own track record is also cited. Let me look for a more direct comparison against the company's own past.
| 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+ |
| VRNS | Varonis Systems, Inc. | Q2 2016 | 2016-08-09 | B+ |
| ACCO | ACCO Brands Corporation | Q1 2016 | 2016-04-27 | B+ |
ACCO · Q1 2016 → YESThe question is: Does management convey that IT HAS RECENTLY BECOME EASIER FOR THE COMPANY TO WIN BUSINESS THAN IT USED TO BE, based on real recent wins, and still in effect. YES The transcript shows management conveying that winning business has become easier than in the company's recent past. Boris Elisman states that customers have seen the value of the company's strong brands during the past couple of seasons, resulting in broader and deeper penetration in mass retailers and continued share gains.
NICE · Q4 2023 → YESThe question is: Does management convey that IT HAS RECENTLY BECOME EASIER FOR THE COMPANY TO WIN BUSINESS THAN IT USED TO BE, grounded in real business won recently, and still in effect.
VRNS · Q2 2016 → YESThe question is whether management conveys that it has recently become easier for the company to win business than it used to be, grounded in real recent wins, and still in effect.