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 2021 call → NOWe need to determine if management conveys that winning business has recently become easier than in the company's own past, with real recent proof, and still in effect. Let's analyze the transcript. Key points from Amit and Steve: - Amit: "We continue to see very strong win rates." (but no explicit comparison to past) - "We believe our technology is considered more accurate and covers a broader set of asset types..." (differentiation) - "We continue to see good Greenfield opportunities, and surprisingly, many large enterprises still do not have a formal VM program." (market opportunity) - "We saw strong growth in our core VM offerings in the quarter, particularly of our cloud platform Tenable.io. Our pipeline remains healthy as customers grapple with how to get continuous visibility into their assets and understand their exposure to emerging threats." - "Our competitive differentiation continues to strengthen as we execute on our best of breed strategy. We continue to see very strong win rates." (no comparison to past) - "A great example of this is a seven figure win in the quarter..." (single deal) - "We saw continued strength across all our cross-sell motions, including EP, OT, and particularly around the growing opportunity with AD." - "We're seeing very strong early traction of our solution and an excited pace of pipeline creation." (AD) - "We're aggressively growing pipeline across both Tenable customers and other organizations; noting however that we expect Tenable.ad sales to play out along longer enterprise sales cycles." (so not easier for AD) Steve Vintz: - "We're very pleased with our results for the second quarter highlighted by an acceleration in top line growth due to strong cloud adoption and a sizable increase in the number of large deals." - "We also recently completed a debt issuance in July which bolsters our balance sheet and provides us with the added flexibility to continue to invest in growth." - "Revenue for the quarter was 130.3 million, which represents 22% year-over-year growth." - "In terms of new business, excluding the customers added from the Alsid acquisition, we had 399 new enterprise platform customers, which is up from the 341 we added in Q2 of 2020." (so more new customers than same quarter last year) - "We added 67 net new six figure customers in the quarter, including Alsid customers, which is up from the 29 in the prior
| 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.