我们根据提供的财报电话会议记录,判断管理层是否明确指出了一个新的业务驱动力,该驱动力已经产生实际业务,并且管理层表示报告期只是其开始阶段。 首先,寻找可能的候选者: - iRobot Select订阅服务:管理层提到“iRobot Flex is now scaling quickly in the U.S.”,“Overall, we ended Q3 with nearly 50,000 global subscribers”,并且“Since launching iRobot select a year ago, we have accelerated past the pace of adding new subscribers from dozens per week to hundreds per week to over a thousand customers per week.” 这表明该服务已经产生实际订阅者,并且正在快速增长。管理层还提到“we expect to exit '22 with a growing base of annualized recurring revenue.” 这暗示未来增长。但问题在于,管理层是否明确表示报告期只是开始?他们提到“we have accelerated past the pace”,但并没有明确说“这只是开始”或“我们只看到了早期部分”。不过,他们提到“we expect to exit '22 with a growing base”,这暗示未来还有更多。但更关键的是,他们是否说“报告期只反映了早期”?可能没有直接说,但“scaling quickly”和“accelerated”暗示正在增长中,但可能不是“早期”的明确表述。 - Genius 3.0和J7 Plus:这是新产品,但管理层说“we introduced the latest upgrade to our Genius Home Intelligence platform, along with the Roomba J7 Plus”,但这是新产品发布,可能刚开始销售,但管理层没有明确说“报告期只反映了早期销售”或“这只是开始”。他们提到“we've taken a major leap forward”,但这是产品介绍,不是关于业务量。 - 与Bona的合作:管理层说“we announced a new partnership with Bona to sell their hardwood and hard surface floor cleaning solution alongside our Braava jet M6 robot mop.” 但这是刚刚宣布的合作伙伴关系,可能还没有产生实际收入?管理层说“This relationship underscores our ongoing commitment”,但没有说已经产生实际业务。 - 马来西亚生产:管理层说“Our initiative to achieve scale with our production in Malaysia by the end of the year remains on schedule”,但这是关于生产,不是直接业务驱动力。 - 直接面向消费者(D2C)收入:管理层说“Direct-to-consumer revenue grew 13%.” 但这是现有业务的一部分,不是新的驱动力。 - 连接客户:管理层说“We finished Q3 with over 12.5 million connected customers, an increase of 60%”,但这也是现有业务。 关键候选是iRobot Select订阅服务。管理层明确说“iRobot Flex is now scaling quickly in the U.S.”,并且给出了订阅者数量增长的数据。他们还说“we expect to exit '22 with a growing base of annualized recurring revenue.” 这暗示未来增长。但问题在于,他们是否明确表示报告期只是开始?他们提到“Since launching iRobot select a year ago, we have accelerated past the pace”,这暗示已经运行了一年,但仍在加速,可能不是“早期”。然而,他们提到“we are adding thousands of new subscribers each quarter”,并且“we expect to exit '22 with a growing base”,这暗示未来还有更多。但管理层没有明确说“报告期只反映了早期部分”或“这只是开始”。他们可能暗示了,但不够明确。 另一个候选是Genius平台,但那是软件升级,不是独立业务。 再仔细看:管理层说“We're seeing existing connected customer revenue trend very favorably, both in absolute dollars and as a percentage of our total revenue.” 但这是现有客户收入,不是新驱动力。 或许“iRobot Select”是唯一符合的。但需要确认是否满足两个条件:1)已经产生实际业务(订阅者数量),2)管理层说报告期只是开始。管理层说“we have accelerated past the pace”,但并没有说“这只是开始”。他们提到“we exp
iRobot Corporation
The call grade, management's tone measured against 177,437 other calls, what changed since the quarter before, and every one of the 500 checks.
This is the current report. Unlock its call read, expected move size, and all 500 answers.
- Does the CEO personally answer more questions than any other executive?
- Does at least one analyst ask a question about margins or costs?
- Does the CEO answer the majority of analyst questions personally?
- Is the word "excited" or "exciting" used by management at least twice?
30 markers, measured against 177,437 calls
Language counted straight from the transcript, behaviour read by the 500 checks, tone above. The band is the middle half of every call we have graded; a flag means this call sits outside it.
All 500 AI checks
Q2 2024 · 500 checks
Every answer is below. Open any check to see what its YES or NO means.
YES Does an executive answer a question by describing a process rather than an outcome?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Is there a question the executive answers with a question back to the analyst?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone compare the company to an unnamed "competitor" or "peer" rather than naming it?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone use "historically" or "traditionally" while defending a current practice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Is a departure, transition, or role change mentioned only in passing without a thank-you or tribute?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone reference a private conversation ("as I told...", "as we discussed offline")?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the transcript contain the phrase "next question" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an analyst ask a question spanning more than five sentences?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst ask a question containing multiple sub-questions (three or more)?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the CEO answer a question personally after another executive initially responds?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker use the phrase "if you look at" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst preface a question by summarizing the company's stated results?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker use the word "obviously" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone say "guidance" in the same sentence as a specific number?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any analyst say "congrats" or "congratulations" to management?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Is the word "scale" or "scaling" used as a verb?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an analyst ask a question beginning with a number ("two questions", "three quick ones")?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any analyst say "thank you" before asking their question?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any analyst name two or more executives when asking their question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "outperform," "outperformance," or "beat" appear?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone say "the environment" when describing market conditions?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any executive use the word "momentum" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive begin an answer with "Great question," "Thanks," or "Appreciate"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the CFO use the phrase "adjusted" or "non-GAAP" at least three times?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does any speaker say "thank you" more than three times?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does any speaker say "with that" as a transition phrase?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone use the phrase "on a comparable basis" or "adjusted for"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any speaker say "moving to" or "turning to" when changing topics?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does any speaker say "over to you" or "I'll turn it over"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does any speaker say "operator" aloud during the call?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone repeat the same stock phrase three or more times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone use the phrase "as you know" to introduce a claim?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker apologize without attaching a fix to the apology?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the call end without any closing statement from the CEO?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Is there a request to move the call along or to the last question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive answer a question with another question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive mention the weather?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone describe a negotiation currently in progress?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive describe a competitor with anything resembling respect?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the operator announce more than ten questioners in the Q&A?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone use the phrase "kind of" at least twice?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does any question include the word "color"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the CEO deliver the opening remarks rather than the CFO or IR head?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone say "if I may" or "if you don't mind"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any executive's first sentence include the word "revenue"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an analyst use the word "clarification" or "clarify" in a question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any question contain the phrase "color on" or "some color"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the operator use the phrase "our final question" before closing?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone say "let me" at least three times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the word "aggressive" or "aggressively" appear at least once?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does an analyst ask a question referencing "the puts and takes"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone use the phrase "to be clear"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an analyst's question include a compliment followed by "but"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the CFO use the word "sequential" or "sequentially" at least once?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does any speaker say "with that" at least twice?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does anyone say "for the benefit of" or "just to remind" when restating context?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone use the phrase "early days"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the word "journey" appear?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the speaker describe a strategy as "disciplined" without describing any trade-off?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Is there an apology offered to a specific analyst by name?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone use the phrase "to be honest" or "frankly"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone promise to "follow up" or "take that offline" and fail to commit to when?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone on the call interrupt a colleague mid-sentence?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does someone use a personal anecdote rather than a metric to justify confidence?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the word "question" appear in the operator's speech more than three times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the word "growth" appear at least ten times?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone use the phrase "a couple of"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an analyst ask about capital allocation or buybacks?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management use the word "strong" at least three times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive use the phrase "we're seeing" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "opportunity" appear at least three times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does management use the word "confident" or "confidence" at least twice?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the phrase "record" appear at least twice in the transcript?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the word "team" appear at least twice?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does management promise to follow up or take a question offline?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any speaker say "we're excited about" or "we're pleased with"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Do two or more analysts from the same firm ask questions?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone use the phrase "moving forward" or "go forward"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does management mention a specific number of stores, locations, or markets?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone use the word "folks"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone say "thank you" more than five times in total?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does an executive use the phrase "we believe"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the operator use the phrase "next question" at least three times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst mention a specific percentage figure in their question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "quarter" appear in at least ten questions or answers during the Q&A?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does at least one analyst ask a question about margins or costs?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the CEO answer the majority of analyst questions personally?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any analyst ask a question phrased as "Can you talk about" or "Can you speak to"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the CFO speak during the Q&A portion at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any question reference a specific quarter (e.g., "fourth quarter") by name?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the operator interrupt the Q&A to announce time is limited or that this will be the last question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst ask a question beginning with "just" (e.g., "just curious")?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst ask about a specific dollar amount or number stated in the prepared remarks?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any question begin with the words "can you" or "could you"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any executive use the phrase "if you look at" during the Q&A?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the CFO answer at least one question without the CEO speaking first?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any analyst ask a question containing an explicit comparison to a competitor company?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the phrase "moving on" or "next question" come from the operator?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an analyst ask about capital allocation (capex, buybacks, M&A, or dividends) in one question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the phrase "color" appear (e.g., "add some color") in the transcript?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the word "guidance" appear at least five times in the transcript?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any question contain the word "why"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker say "I think" at least three times within a single answer?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any executive begin an answer by restating the analyst's name?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any executive's answer exceed 300 words in the transcript?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the CEO answer the first analyst question personally?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the word "obviously" appear in the transcript?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the transcript contain the word "margin" more than ten times?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does an executive begin an answer with "So" as the first word?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the phrase "if I may" or "if I could" appear?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any executive say "let me" at least once?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any question contain the word "specifically"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management use the word "momentum" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does management mention "margin" or "margins" in prepared remarks?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Is the word "definitely" used by any speaker?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "seasonality" appear?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone use the word "robust" to describe demand, growth, or the pipeline?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone use the word "leverage" as a verb at least once?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does any executive use the word "team" when referring to employees?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any executive say "that said" or "having said that" to introduce a caveat?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an analyst's question include the phrase "going forward"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive say "great question" at any point?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone say "we remain confident" or "we are confident"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does any executive say "thank you" immediately after finishing an answer?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does an executive cite a specific dollar figure greater than one billion?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst's question contain the word "curious"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an analyst reference a specific prior quarter by name (e.g., "last quarter")?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker say "obviously" two or more times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any analyst ask a follow-up in the same turn after their first answer?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any analyst ask about a specific geographic region or market?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst ask a question that includes the phrase "long term" or "long-term"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the word "margin" or "margins" appear at least five times?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the word "opportunity" or "opportunities" appear at least three times?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does an executive say "we'll come back to that" or defer an answer to a follow-up?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone say "thank you" three or more times in the Q&A section?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the CFO use the phrase "free cash flow" at least once?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any executive use the word "momentum"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the CEO mention at least one specific customer segment by name (e.g., "enterprise")?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the phrase "take your question" or "take the question" appear?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst introduce themselves by name before asking their first question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone say "including" at least three times?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does management reference "the macro environment" or "macroeconomic" at least once?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any executive reference "our team" or "the team" at least twice?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the operator announce more than one analyst from the same firm?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any prepared remark mention "headwinds" or "tailwinds"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does any speaker say "with that, I'll turn it over"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the CFO use the phrase "capital allocation"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive decline to answer, citing that something will come later or is not disclosed?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an analyst ask a two-part question containing the word "but"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone ask a follow-up question in the same turn after their first question is answered?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does anyone answer "yes" or "no" as the first word of a response?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone say "thank you" at least ten times in the transcript?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive use the phrase "if you look at" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any analyst begin their question with "Hi" or "Hello" as a greeting?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does anyone say "we are excited about" without naming a number?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does an analyst reference a peer company's results or valuation?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker use the phrase "just to clarify" or "just to be clear"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does management use the word "headwind" or "headwinds"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any speaker use the word "tailwind" or "tailwinds"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker use the word "momentum"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "investments" appear in the context of margins or costs?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone mention "FX" or "foreign exchange"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the word "efficiency" or "productivity" appear at least twice?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does an analyst thank the executives or congratulate them before asking a question?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does an executive say "great question" or "thanks for the question"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does an executive say "as we said last quarter" or reference a prior call?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the phrase "going forward" appear at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does management use the word "levers" when discussing actions?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does management thank analysts by name at any point after a question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone say "we'll take that offline" or offer to follow up after the call?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management use the word "committed" regarding a target?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the CEO's prepared remarks mention "macro" or "macroeconomic"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone use the phrase "the vast majority"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "temporary" or "transitory" appear?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Is an analyst's question answered with "great question" or similar?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Is there a questioner from an investment bank other than the first three analysts who ask questions?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst ask a question that includes a reference to a specific dollar figure?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone say "thank you" at least ten times across the call?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the phrase "thank you for taking my question" or "thanks for taking my question" appear?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any analyst's first sentence contain a compliment or thanks before asking their question?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the CFO present in both the prepared remarks and the Q&A portion of the call?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the CEO personally deliver the closing remarks of the call?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the CEO's prepared remarks contain the word "team" at least twice?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does any speaker use the phrase "moving on" or "with that" to transition between topics?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the phrase "in terms of" appear at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO First-person singular ("I believe," "I think") used more by the CFO than the CEO.
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO A single question receives answers from two different executives.
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO A hedge word ("maybe," "sort of") appears inside a direct quantitative claim.
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker use the word "obviously"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "guidance" appear in both prepared remarks and the Q&A section?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any executive defer a question to another executive by name?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Someone uses the word "honestly," "frankly," or "to be clear."
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone use the word "ecosystem" or "platform" without a number attached?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the transcript contain the word "certainly" three or more times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone begin an answer by restating or paraphrasing the analyst's name?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does an analyst reference a competitor by name during their question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does a speaker say "let me" at least twice in the transcript?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO The transcript contains an apology unrelated to financial results.
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES The word "challenge" is spoken more often than "opportunity."
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the word "seasonality" or "seasonal" appear?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO The phrase "as you know" appears at least twice.
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any speaker use the word "challenge" or "challenges" at least three times?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone mention "weather" as a factor affecting results?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive say "thank you" to the analyst before answering a question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker say "great question" or similar praise of a question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO The final question is answered noticeably shorter than the opening ones.
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone say "we remain" followed by a verb (e.g., "we remain committed")?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does an executive cite a conversation with a customer that has no verifiable specificity (unnamed, undated, unquantified)?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the transcript contain a sentence that begins with "What I would say is"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any question mention a specific percentage or dollar figure?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the CEO personally answer more questions than any other executive?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the operator say "our final question" or similar?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "opportunity" or "opportunities" appear at least five times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "clearly" appear at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "leverage" appear as a verb at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst's first name get used by an executive when thanking them?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the operator announce more than five questioners?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Are there more than ten analyst questions in total?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the operator use the phrase "our next question comes from" more than three times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Are the CEO's prepared remarks longer than the CFO's, judged by speaker turns on the transcript page?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management say "we are not going to comment on" or equivalent refusal language?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Executive corrects an analyst's premise.
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the CFO's prepared section exceed the CEO's in number of paragraphs?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the CEO personally answer more than half of the analyst questions?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any analyst mention the word "margin" in their first question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Executive uses the word "excited" more than twice.
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst ask a multi-part question containing three or more distinct questions?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "guidance" appear at least three times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst ask a two-part question signaled by "and also" or "and secondly"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an analyst begin with a compliment, such as "great quarter" or "congrats"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive say "we said" when recalling prior statements?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any analyst begin their turn with "thanks" or "thank you"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the word "headwind" or "tailwind" appear at least twice?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the word "synergies" appear?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst address a question to two or more executives by name?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "capital" appear at least five times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any executive say "we feel" rather than "we believe" or "we think"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "capital" appear in at least three different speakers' turns?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive use the phrase "over time" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does an executive say "as I mentioned" or "as we said" at least once?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the CEO open the call before any analyst questions by mentioning the macro environment?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does anyone say "we are pleased" or "we're excited"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does anyone use the word "leverage" (financial or metaphorical)?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does an analyst thank management before asking their question?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Is the word "automation" or "productivity" used at least once?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "uncertainty" or "uncertainties" appear at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the phrase "year over year" appear at least three times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management use the word "leverage" or "leveraging" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Currency headwinds mentioned unprompted.
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Is the phrase "a number of" used at least once?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone use the phrase "best-in-class" or "industry-leading"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "momentum" appear at least twice in prepared remarks?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Is the phrase "on a constant currency basis" or similar currency adjustment used?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does an analyst's question include the phrase "just to clarify"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the phrase "the team" appear at least twice in management remarks?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker say "so clearly" or "quite frankly"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management use the phrase "we believe" at least three times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Speaker says "we don't guide" on anything.
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the CFO use the word "quarter" at least ten times?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does any speaker say "thank you" more than five times in total?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the word "macro" or "macroeconomic" appear at least twice in the call?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the transcript contain the word "typically" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive state they will "come back to" a question or follow up later?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management thank analysts for their questions at any point during Q&A?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Speaker admits being surprised by anything.
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker use the phrase "going forward"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management use the phrase "going forward" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone say "stability" or "stable" when describing demand?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Word "normal" used about demand.
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive say "stay tuned" or "more to come"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does management describe a cost program, restructuring, or efficiency initiative by a proper name?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the CFO's prepared section mention interest expense by name or figure?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the word "volatility" appear?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Executive mentions a hobby or personal anecdote.
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the word "pipeline" appear without a dollar figure attached?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the phrase "the macro" or "macro environment" appear?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the phrase "our team" appear at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive say "great question" or "good question" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any speaker say "we remain" followed by an adjective?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does management thank analysts by name when responding?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Is the word "flexibility" or "flexible" used at least once?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone say "takeaway," "take out," or "take rate"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Analyst compliments the team before asking a question.
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker use "we're" where "we are" could substitute, more than twenty times overall?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst reference the CEO or CFO by first name?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone say "obviously" at least three times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone use the word "pipeline" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone say "moving on" or "let me turn it over" during prepared remarks?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does an analyst ask a question starting with "just"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone say "headwind" or "headwinds" more than once?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does an analyst use the phrase "to clarify"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any executive use the phrase "year over year" at least three times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does an executive cite a conversation with a customer, partner, or employee as evidence?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any question go to a named executive other than the CEO or CFO?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive say "to be clear" or "let me be clear"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone mention a competitor by name without being prompted?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Is there a question that management declines to answer directly, citing timing or disclosure constraints?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any question explicitly reference the company's prior guidance or outlook?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker say "next question" or does the operator use the word "final" before the last question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "invest" or "investment" appear at least five times in the transcript?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the CFO handle a strategic question instead of a financial one?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an analyst flatter management within their first sentence of speaking?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an analyst ask two questions when told to ask only one?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone use the phrase "underlying" to modify a business metric?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does anyone say "excited" or "pleased" at least twice in the transcript?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the word "guidance" appear in the prepared remarks (not just Q&A)?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Is the word "margin" used with a number attached (e.g., "400 basis points")?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the transcript contain the word "record" preceding a noun (e.g., "record margin")?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive answer a question by citing a competitor's actions?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "macro" or "macroeconomic" appear in the transcript?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the word "challenges" appear more than once?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the CEO begin an answer with "look" or "listen"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "inflation" appear anywhere in the transcript?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Is there a pause or silence acknowledged on the call ("I think we lost you")?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive name a specific competitor during the call?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "challenges" appear at least three times in the transcript?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone say "we don't break that out" in response to a question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone describe a metric as "noisy" or "lumpy"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive mention a specific number of percentage points when discussing market share?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does a speaker correct a figure they themselves just stated?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the CEO refer to a competitor by name rather than "competition" or "peers"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the CEO mention their own tenure or years of experience unprompted?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does anyone use the phrase "the team" when taking ownership would be natural?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone blame weather, holidays, or calendar quirks unprompted?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone cite a personal anecdote involving a customer conversation?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone use the phrase "a little bit"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Is the CFO the speaker for at least one analyst question?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the word "guidance" appear in the transcript?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does anyone say "we're excited" or "we are excited"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the word "dividend" appear?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Is the word "invest" or "investment" used more than twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "invest" or "investment" appear at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone cite a percentage of revenue from a specific segment?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the word "challenge" or "challenging" appear at least once?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone describe cutting discretionary spending like travel or hiring?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the phrase "year over year" appear?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the word "liquidity" appear at least once?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the transcript mention refinancing, maturity dates, or debt coming due?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone mention selling assets, real estate, or equipment to raise cash?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone reference "the macro" or "macro environment"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Is the word "capacity" mentioned?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone use the phrase "our customers" rather than naming a customer?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the transcript include a question about interest expense or debt service?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the phrase "working capital" appear in a context other than a seasonality excuse?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does management thank analysts at any point?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone reference borrowing from a bank or drawing on a credit facility?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "cost" appear in the first ten sentences of prepared remarks?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does an executive say "we remain confident" or similar?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone mention covenants, amendments to loan documents, or lender conversations?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone say "with that" or "that said" to pivot?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does an executive open their first answer by thanking the analyst?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst's question include the word "capex" or "cash flow"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the word "headline" or "headwinds" appear at least once?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the word "core" appear at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an analyst's turn contain the word "congratulations"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst ask a question containing "how" and also "why"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any executive say "as we mentioned" or "as I mentioned" at least once?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Are there more than eight analyst questioners?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst's question include a percentage figure?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst's question contain the word "guidance"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the CFO's prepared remarks exceed 1,000 words?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any speaker say "if you look at"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the CEO personally answer the first question?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any speaker use the phrase "tailwind" or "tailwinds"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management use the phrase "balance sheet" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the CEO make closing remarks after the Q&A ends?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any speaker say "structurally" or "secular"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the operator say "our next question" two or more times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the final questioner get an explicit closing acknowledgment from the operator ("last question" or similar)?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management use the phrase "business as usual" or "as expected" at least once?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an analyst preface a question with "quick" or "quickly"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive state a specific numeric percentage when answering a question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone say "in terms of" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Is there a question that clearly annoyed the executive, visible in the reply's abruptness?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "guidance" appear in the Q&A section?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "strong" appear more than five times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the phrase "thank you" appear more than ten times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does an analyst ask a question containing the word "margin"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does management use the word "guidance" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the phrase "thank you" appear at least ten times anywhere in the transcript?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does an executive begin an answer by restating the analyst's name?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any analyst ask about capital allocation or share repurchases?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the word "challenge" or "challenging" appear at least twice?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the word "opportunity" or "opportunities" appear more than three times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Is there a villain—market conditions, regulation, currency—that behaves consistently across the call?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the word "challenging" appear?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the word "certainly" appear at least once in management's answers?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst ask a personal, warm, or congratulatory question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the phrase "capital" appear at least five times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does an analyst ask a question the prepared remarks already answered?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the word "quarter" appear at least twenty times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any single analyst ask more than two questions during the whole call?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the phrase "on a year-over-year basis" or "year over year" appear at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Is the word "headwinds" or "tailwinds" used?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the word "margin" appear at least three times?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Is the word "confidence" or "confident" spoken by any executive?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone use the phrase "call it" or "let's call it" before an estimate?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the phrase "going forward" appear?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone say "coming back" or "circling back" to take a follow-up?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "inflation" appear at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any executive say "we believe" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management use the phrase "going forward"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone use the word "robust"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker use the phrase "if you will" or "so to speak"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker say "appreciate" at least once?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone use the phrase "at the end of the day"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does anyone tell a self-contained anecdote with a beginning, middle, and end?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any executive use the phrase "our team"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the transcript contain a silence, pause, or "we'll come back to that" that never resolves?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone describe a customer, employee, or competitor as a named character with a motive?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any executive say "we're pleased" or "I'm pleased"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Is there a moment of modesty—someone crediting luck or timing?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone use the phrase "on a year-over-year basis"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Is the word "excited" or "exciting" used by management at least twice?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any speaker say "just" five or more times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any question begin with "Can you" or "Could you"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the word "quick" or "quickly" appear in three or more analyst questions?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does an analyst ask for guidance on a metric management did not offer unprompted?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Is there a question about capital allocation (buybacks, M&A, debt, or dividends)?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst use the word "clarify" or "clarification"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "obviously" appear at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does management refer to a prior call or prior quarter's commentary when answering?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone use the word "actually" at least three times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any executive begin an answer with "Look," or "So,"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the word "challenging" or "challenges" appear at least three times?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the operator run out of queued questions and close early?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any analyst apologize or preface with "sorry" before asking?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Is the word "excited" used by the CEO more than the word "confident"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker use the phrase "the right" before a noun ("the right team," "the right decisions")?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "guidance" appear more than five times in the transcript?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the word "tailwind" or "headwind" appear?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any analyst's question begin with a compliment or congratulation?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an analyst apologize before or during their question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Are there more questions about revenue than about costs?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the word "challenging" appear at least twice?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does any speaker use the phrase "on a" four or more times total (e.g., "on a constant currency basis")?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does any executive answer begin with "Sure" or "Yes" followed by a comma?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone say "from a ... perspective" (e.g., "from a margin perspective")?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does an executive say "we're not going to" in response to a question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management decline to answer by citing a future event ("we'll address that in..." or "at our upcoming...")?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "quarter" appear at least 20 times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Is there a mention of "FX," "currency," or "foreign exchange"?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any executive say "that's right" or "that's correct" to an analyst?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "leverage" appear at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Is the word "leverage" used at least three times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does management use the word "headwinds" at least once?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any speaker say "great question" or thank the analyst before answering?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone attribute results to "the team" rather than to strategy?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker say "going forward"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst begin their question with "congratulations"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does an analyst thank management at the end of their turn?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone describe the future with "We believe" more than "We expect"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does a speaker say "normal" or "normalized" about conditions that predate any disruption mentioned?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Is the word "momentum" used without a stated metric attached to it?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "macro" appear at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management use the word "solid" at least once?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Is there an analogy to a machine, engine, or flywheel?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Is the word "visibility" used at least once?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Is the phrase "base case" or "scenario" used at least once?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone say "we take that seriously" or "we're very focused on"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Is the phrase "to your point" or "as you mentioned" used at least once?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the operator say "thank you" more than three times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management mention a specific competitor by name?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management say "the team" at least twice?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "fundamentally" appear at least once?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the phrase "ahead of" precede any mention of guidance or expectations?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management use the phrase "on a year-over-year basis"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any single speaker say "right?" as a tag question at least once?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does management use the phrase "on a consistent basis" or "consistently"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does a speaker begin a sentence with "To be honest" or "To be clear"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does management use the phrase "strategic" at least twice?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any speaker describe a business unit as "healthy"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker use the word "fundamentals"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the word "resilient" or "resilience" appear?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does the operator mention a queue or "next question" more than three times?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any analyst ask a follow-up after their initial answer ("follow-up", "second one", "just one more")?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does any analyst ask a question containing the word "why"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does anyone say "if you look at" before citing a number?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the phrase "last question" or "final question" appear?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the word "clearly" appear anywhere in the transcript?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the CEO speak first among named executives in the Q&A?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the word "headwind" or "headwinds" appear at least twice?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the CFO mention a specific percentage greater than ten?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the phrase "going forward" appear at least once?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the word "team" appear at least three times?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does the word "confident" appear in any executive's remarks?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
YES Does an analyst thank management at the start or end of their turn?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the CEO use the word "incredibly" at any point?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any executive use the word "team" to refer to company personnel?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does anyone say "to your point" when answering a question?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does any executive say "with that" to transition between speakers or topics?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Does the word "transformation" or "transformational" appear?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker say "moving on" or "next question" themselves?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any speaker use the word "hedging" or say "to hedge"?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any analyst identify themselves with a two-part introduction (name and firm)?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does the word "talent" appear at least once?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Is the word "capacity" used more often about factories than about people?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
YES Does an executive confess to having too much of something physical somewhere?
The model found enough evidence in the earnings transcript to mark this exact condition as present.
NO Is a supplier or vendor mentioned by name at any point?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
NO Does any executive blame weather, season, or geography for a shipment or delivery issue?
The model did not find enough evidence in the earnings transcript to confirm this exact condition. NO means “not detected,” not necessarily “disproved.”
Archived AI reasoning
Earlier Artul research experiments on IRBT calls. Open a question to read the model's original reasoning.
NO The new engine is already turning: a recently live driver is producing real business now, and management says the report
Original model output from the research archive. It may be verbose or include the model's working notes.
NO Proven engine, fuel already in the tank: a working growth driver plus already-held means to multiply it
Original model output from the research archive. It may be verbose or include the model's working notes.
我们根据提供的通话记录判断。管理层的叙述是否同时包含两个部分:(1) 已证明且正在产生收入的增长引擎,且其目前市场份额仍较小;(2) 公司已掌握的扩大该引擎的手段。 在通话中,Colin Angle 多次谈到 iRobot Select 订阅服务。他说“iRobot Select 服务……在推出一年后,我们已加速……每周增加超过一千名客户。”他们以近 50,000 名全球订阅者结束了 Q3,其中约 40% 在美国。这显示该服务已在产生实际客户。他还说“我们相信,这些产品代表了增加现有客户收入的新方式……我们预计到 2022 年底,将拥有不断增长的经常性收入基础。”所以有具体数字,似乎是一个真实且正在增长的引擎。然而,它相对于其总潜力是否仍较小?管理层的表述是“在推出一年后,我们已加速……每周增加超过一千名客户。”这暗示它正在增长,但并未明确说明它占其整个市场或潜在客户群的比例很小。他们谈论“以客户为中心的长期战略”,并说“我们看到了现有连接客户收入的趋势非常有利,无论是在绝对美元还是占总收入的比例上。”他们还提到“将其扩展到更多客户身上”的潜力。不过,他们有没有专门说“这个引擎只捕获了可实现的一小部分”?他们谈到“不断增长的经常性收入基础”,但并没有明确说“我们只覆盖了潜在客户的一小部分”。他们确实说“我们预计将以每周数千名客户的速度增加”并且“在 2022 年将有一个更大的基础”。这表明它正在扩展,但“尚未达到全部潜力”这一点是否清晰?在谈论订阅时,Colin 说“这是一个非常令人兴奋的销售方式……我们相信它将受到消费者的欢迎。”在回答关于投资的问题时,他说他们正在扩大规模。然而,他们并没有明确说明“这相对可能的市场仍然很小”。他们将其描述为一个正在增长的业务,但没有给出像“渗透率仅为 X%”这样的具体数字。 现在来看第二部分:“扩大它的手段已掌握”。管理层提到他们正在 iRobot Select 上建立 CRM 能力:“我们继续在 CRM 和相关数字营销工具上取得良好进展……我们期望这些新工具将在未来发挥重要作用。”他们还提到了“iRobot Select 服务……我们正在增加每周数千名客户。”他们拥有客户基础。然而,他们有没有明确说明他们拥有扩大规模所需的资源?他们谈到“我们的生产转换继续进行”和“规模扩大到马来西亚”,但那针对的是制造。对于订阅服务,他们没有提到已建立的特殊能力。他们提到“我们正在推出的新 CRM 能力”将于最近投入生产。这可能算作一种手段。但这是事前的吗?他们说“我们期望这些新工具将在未来发挥重要作用。”这听起来像是计划,而不是已经拥有。不过他们确实说过“我们继续在 CRM 和相关数字营销工具上取得良好进展……我们正在将新系统投入生产。”所以这些系统可能已经到位。但订阅服务本身呢?他们有没有提到拥有客户基础或渠道来推动?他们说“我们正在加速增加订阅者”并且“我们相信这将是一条持续增长的路径。”这很模糊。 另一个潜在引擎:D2C 收入。他们提到“D2C 收入增长 13%”并占收入的 9%。他们把它视为一个重点,但并没有明确说它相对于潜力仍然很小。他们确实说“我们的 D2C 销售将继续通过我们增强的数字能力增长。”但没有明确“只覆盖了一小部分”。 也许还有现有客户收入?他们说“现有连接客户的收入趋势非常有利”并且他们计划扩大“现有客户收入”。但他们没有具体说明潜力。 再看第二部分:他们提到“我们即将推出新的 CRM 能力”,这暗示他们已经有了工具。但这是否属于“已经掌握”?他们说“我们继续在 CRM 和相关数字营销工具上取得良好进展……我们正在将新系统投入生产。”所以是的,他们已经拥有这些系统。但这是针对客户关系管理,且适用于整个客户基础,而不仅仅是订阅。然而,对于订阅,他们说“我们看到了 iRobot Select 服务……我们预计将增加客户。”他们没有谈到一套已建立的资源来扩大订阅,比如资本或基础设施。他们确实说过“我们相信这将是一条持续增长的路径”,但那属于期望。 综合来看,管理层在通篇中确实将 iRobot Select 视为一个增长引擎,并给出具体数字(近 50,000 名订阅者,每周超过一千名)。这确实是已经产生客户的引擎。然而,他们是否传达了相对于其潜力它仍然很小?他们提到“我们已加速过去……从每周几十名到数百名再到每周超过一千名”,这表明增长很快,但并没有明确说“我们现在只触及了潜在市场的一小部分”。他们有没有说“我们拥有 1250 万连接客户”?是的,但那是总基础。对于订阅,他们可能说“50,000 名订阅者是一个很小的数字”吗?他们没有指明。他们确实说“我们预计将于 2022 年结束,届时将拥有不断增长的经常性收入基础。”这暗示未来会更大,但并没有明确说“目前很小”。对于第二部分,扩大它的手段:他们提到了 CRM 能力、数字工具,但他们说这些是“新”的,而且他们正在开发中。他们还说他们正在扩大生产,但那针对的是硬件。他们没有提到拥有已建立的渠道或人员。他们提到“我们的计划是继续增加客户”,但那属于计划。 因此,我认为在这些标准下,“仍是业务的一小部分”的表述不够明确。此外,说明“扩大它的手段已经掌握”也显得模糊;他们提到 CRM 能力是“投入生产”的,但对于订阅服务本身,他们没有描述已经建立的基础设施。这是一个可以回答“否”的情况。 再看另一个潜在的例子:连接客户基础增长。他们说过“超过 1250 万连接客户,比去年增长 60%”,并且他们投资于 CRM 以增加现有客户的收入。那算作一个增长引擎吗?他们把它称为一个积极因素。但他们有没有说它仍然是潜力的一小部分?他们说“现有连接客户收入趋势非常有利”并且“我们提高了现有客户收入”。但他们没有量化其中的潜力和目前占比。所以
NO Sunk cost, unsold output: the productive capacity already exists and is only partly claimed
Original model output from the research archive. It may be verbose or include the model's working notes.
We need answer YES/NO. Need determine if management describes productive capability currently larger than what business is using, already exists/paid for, filling it is live task. Need parse transcript. We need answer only YES or NO. Need be careful. Question asks: "On this call, does management describe that the company's PRODUCTIVE CAPABILITY IS CURRENTLY LARGER THAN WHAT ITS BUSINESS IS USING — that is, does management convey that the company already possesses, owns, controls, or has paid for the means to serve, produce, or deliver materially MORE than it is presently serving, producing, or delivering, and that filling the unused portion is what management is now working on?" Need use only transcript. Need identify if any such statement. Let's examine. Transcript: iRobot Q3 2021. Management discusses supply chain constraints, chip shortage, unable to fulfill orders, shipping delays. Revenue growth, demand healthy. They have 12.5 million connected customers. They talk about iRobot Select subscription scaling, Genius platform, CRM tools, manufacturing Malaysia. They discuss 2022: "actions to improve supply chain resiliency will help us move beyond our product supply constraints in the second half of next year. We expect a higher revenue growth rate in '22 than in 2021, as we anticipate improved supply will translate into a much stronger top-line performance in the second half of next year." This is about future supply improvement, not current unused capability. They mention "existing connected customer revenue trend very favorably" and "connected customer base" as installed base. Is installed base a "capability already secured but only lightly monetized"? They say "We're pleased with a trajectory of existing connected customer revenues this year, and look forward to moving into production with a range of new CRM capabilities over the next quarter or two. We believe that these new tools will play an important role in our efforts to further accelerate the growth of our existing customer revenue." This is about future CRM capabilities, not already in place. They mention "iRobot Select service ... scaling quickly" and "adding thousands of new subscribers each quarter" but not underutilized capacity. Question specifically: "productive capability is currently larger than what its business is using" — e.g., company has already bought machine and looking for work.
NO Answers go deeper than the script: questioning keeps surfacing new concrete detail behind a positive development — broad
Original model output from the research archive. It may be verbose or include the model's working notes.
We need answer only YES or NO. Need evaluate both gates. Gate 1: positive current development with Q&A adding concrete operating detail beyond prepared remarks. The call has positive developments: Genius 3.0/J7 Plus, iRobot Select subscription growth, D2C, connected customers. In Q&A, analysts ask about iRobot Select, competitive barriers, manufacturing Malaysia, inventory, D2C. Management adds some specifics: subscription service details, customer satisfaction, churn, white glove experience. But does Q&A produce more concrete operating detail than prepared remarks? Prepared remarks already gave subscriber numbers, growth pace, partnership, etc. Q&A adds some color but mostly qualitative. Also manufacturing Malaysia: prepared said on track, Q&A gives 80% of North America product, single-digit premium. That is concrete and new. But is that a "positive current development" that analysts probe? Yes, manufacturing Malaysia is a current development (on track) and Q&A adds specifics. However, Gate 1 requires across multiple exchanges management responses additive. There are multiple exchanges: iRobot Select, manufacturing, D2C. But the main positive development? Need identify main positive current development that management highlights and analysts probe. Management highlights Genius/J7, iRobot Select, D2C, connected customers. Analysts probe iRobot Select and manufacturing. The Q&A adds some specifics: iRobot Select has high customer satisfaction, favorable turn rates, white glove experience; manufacturing Malaysia 80% of North America, single-digit premium. But is that "substantive" enough? It is operational detail. However, Gate 1 also requires that the development is real and current, and Q&A adds new specifics. For iRobot Select, prepared remarks already gave subscriber counts and growth. Q&A adds "high customer satisfaction, favorable turn rates" but not numbers. For manufacturing, prepared remarks said "initiative to achieve scale with production in Malaysia by end of year remains on schedule" and Q&A adds 80% and single-digit premium. That is new. But is that a "positive current development" that management highlights? Yes, supply chain resiliency. However, the Q&A also discusses inventory, D2C. Need see if across multiple exchanges management adds. There are only a few exchanges. The manufacturing exchange is one. The iRobot Select exchange is another.
NO Whole company hinges on one thing already in motion, and management is visibly betting the enterprise on it
Original model output from the research archive. It may be verbose or include the model's working notes.
We need answer YES or NO based on transcript. Need determine if management speaks as though fate of entire company riding on one identifiable thing already in motion and still small/unproven relative to expected. Let's analyze. Transcript: iRobot Q3 2021. Management discusses strategy: Genius Home Intelligence platform, Roomba J7 Plus, iRobot Select subscription service, connected customers, CRM, D2C, supply chain, tariffs, Malaysia production. Is there single center of gravity? They emphasize innovation, Genius, connected customer base, subscription services. But also multiple drivers: product innovation, D2C, subscription, accessories, supply chain. They mention "long-term success anchored around ability to elevate value proposition... differentiate robots." They talk about Genius as critical. But also iRobot Select, connected customers, CRM. Is there one identifiable thing? Possibly "Genius platform" and "connected customer" strategy. But is it already in motion? Yes, J7 Plus launched, Genius 3.0, iRobot Select has 50k subscribers, connected customers 12.5M. Is it still small relative to expected? They say existing connected customer revenue trending favorably, but not huge? They expect to exit '22 with growing base of annualized recurring revenue. But is this the thing that determines what company becomes? They also discuss supply chain, tariffs, Malaysia. The question asks: "does management speak as though THE FATE OF THE ENTIRE COMPANY IS RIDING ON ONE IDENTIFIABLE THING THAT IS ALREADY IN MOTION—that is, is there a single, nameable undertaking, asset, relationship, product, program, or market position that management treats as the thing that will determine what this company becomes, where that thing is (a) already real and moving now, and (b) still small or unproven relative to what management believes it will be?" Need answer YES if management's account conveys ONE coherent situation. Here management has multiple strategic initiatives: Genius, iRobot Select, D2C, CRM, Malaysia production. They are not presenting one single thing. They mention "our strategy to drive innovation and differentiate our products, build stronger relationships with our customers around the world, and nurture value with them." That's broad. They highlight Genius as critical, but also subscription, accessories, CRM. They also discuss supply chain and tariffs as challenges.
NO Deliberate concentration of the whole company onto one bet that is already being built
Original model output from the research archive. It may be verbose or include the model's working notes.
We need answer YES/NO. Need evaluate based on transcript. Need determine if management conveys deliberate concentration onto one primary undertaking, already being built/executed, outcome rides on it. We need parse transcript. Company iRobot. Management discusses many things: Q3 results, supply chain, tariffs, Genius platform, Roomba J7 Plus, iRobot Select subscription, CRM, Malaysia production, D2C, accessories, etc. Is there ONE focal undertaking? Need identify. Potential candidate: "Genius" platform / intelligent robot ecosystem? They emphasize innovation, differentiation, connected customers, lifetime value. But is it one primary undertaking? They have multiple strategic initiatives: Genius 3.0/J7, iRobot Select, CRM, Malaysia, D2C. Management describes broad strategy: "By advancing innovation to differentiate the iRobot experience, we expect continued success in expanding our connected customer base. We intend to delight those customers... happy iRobot customer will increasingly buy more products and services directly from us over lifetime." This is overarching strategy, not single undertaking. They also have supply chain challenges, tariffs. They are not concentrating on one thing; they are running broad balanced set of priorities. Need answer NO. But let's carefully consider if there is a "single focal undertaking" like "Genius home intelligence platform" or "iRobot Select subscription service" or "Malaysia manufacturing" that dominates. Prepared remarks: Colin starts with Q3 performance, then "important progress on executing our strategy to drive innovation and differentiate products, build stronger relationships..." Mentions Genius/J7, iRobot Select, Bona partnership, CRM, Malaysia. Then long section on why Genius 3.0/J7 critical. Then outlook, tariffs, 2022. Julie financial review. Q&A: questions about 2022 revenue/margins, iRobot Select investments/barriers, price increases, manufacturing Malaysia, industry growth, tariffs, D2C. Management answers. No single undertaking dominates; multiple initiatives. They are not staking enterprise on one thing. They mention "long-term success anchored around ability to elevate value proposition... differentiate robots" but that's broad. They have "highest priority R&D, commercial marketing, operations initiatives" geared around strategy. Not one. Need answer NO. Ensure no outside info. Use only transcript.
NO Room to run: management says the company can multiply inside demand it already holds, with no gate named
Original model output from the research archive. It may be verbose or include the model's working notes.
We need to determine if management conveys a coherent posture with both halves: (1) headroom is real, specific, and already owned; (2) management frames multiplication, not improvement. The transcript must show that management describes identifiable room to grow within its own footprint, and that this headroom is central to the company's future, with nothing fundamental standing in the way except execution. Let's examine the transcript. Colin Angle and Julie Zeiler discuss strategy, growth, and future plans. Key points: - They talk about connected customers, iRobot Select subscription, Genius platform, and expansion into adjacent categories. - They mention that the robot vacuum market is underpenetrated, with household penetration low (e.g., 13% in US). They see opportunity to grow. - They discuss existing customer revenue trends, and plans to increase lifetime value. - They mention that they expect higher revenue growth in 2022, with improved supply. - They talk about scaling iRobot Select, and that they are adding thousands of subscribers each quarter. - They mention that they have a large base of connected customers (12.5 million) and that they are growing. But does management explicitly say that the company is small relative to what it can already reach? They talk about market penetration being low, but that's a market statistic, not necessarily "already owned" headroom. They talk about existing customers and increasing revenue per customer, but do they frame it as multiplication? They mention that they expect to grow, but they don't explicitly say "we could be several times our current size" or that the headroom is already possessed. Let's look for specific statements. Colin says: "We believe that happy iRobot customer will increasingly buy more products and services directly from us over the lifetime of their ownership." That suggests existing customers buying more, but not necessarily a multiplication of the company size. They also talk about expanding into adjacent categories, but that's future. They mention that the robot vacuum market is underpenetrated, but that's a market opportunity, not something they already own. They don't say "we already have the customers, we just need to sell them more" in a way that frames multiplication. They do talk about existing connected customer revenue trending favorably, but they don't quantify the headroom.
NO Answers go deeper than the script: questioning keeps surfacing new concrete detail behind a positive development — compa
Original model output from the research archive. It may be verbose or include the model's working notes.
We need answer only YES or NO. Need evaluate both gates. Need use transcript. Gate 1: positive current development with Q&A adding concrete operating detail beyond prepared remarks. Need identify development. Prepared remarks highlight: Genius 3.0 and Roomba J7 Plus, iRobot Select subscription growth, D2C, connected customers, Malaysia, etc. Q&A probes: subscription service, manufacturing Malaysia, differentiation, D2C, inventory, etc. Need see if management adds new specifics. Prepared remarks: iRobot Select expanded to J7 Plus, nearly 50k subscribers, growth from dozens to hundreds to over thousand per week. Q&A on subscription: Colin describes investments, services, white glove, high satisfaction, favorable turn rates. Is that additive? Some detail but not many numbers. He talks about strategy, not new specifics. Later question about competitive barriers: he describes robot intelligence features, not subscription specifics. Not much new concrete operating detail. Manufacturing Malaysia: prepared says on track, 80% North America by end of year? Actually prepared: "initiative to achieve scale with our production in Malaysia by the end of the year remains on schedule" and later "2022... about 80% of product destined for North America" in Q&A. Q&A asks percentage, Colin answers 80% for 2022, and cost premium single-digit. That is additive? Prepared didn't give 80% or cost premium. But is that a "positive current development" being probed? Yes, manufacturing Malaysia is current/ongoing. Q&A adds specifics: 80% of North America, single-digit premium. But is that enough? Need multiple exchanges? There is one exchange about Malaysia. Other Q&A about subscription, differentiation, D2C. Need see if multiple exchanges add substance. Gate 1 requires across multiple exchanges, management responses additive. Let's examine Q&A: 1. Asiya: revenue growth 2022, margins. Colin/Julie: first half supply constraints, second half better, margins improved. Not about a specific positive development, more guidance. 2. John Babcock: iRobot Select investments and competitive barriers. Colin: describes investments in service, white glove, high satisfaction, favorable turn rates. Then competitive barriers: robot intelligence features. Some specifics but not new numbers. He mentions "very favorable turn rates" not in prepared? Prepared said "very favorable turn rates" maybe not.
NO Upside surprise with durable, still-building causes
Original model output from the research archive. It may be verbose or include the model's working notes.
We need to answer YES or NO based on the transcript. The question asks: does management describe a clear positive step-up in the business in the just-reported period (Q3 2021) that came in meaningfully stronger than the company's own recent norm or its own prior expectations, AND does management attribute that strength mainly to durable, company-specific causes that are still in effect and still building? Let's examine the transcript. Colin Angle says: "We enjoyed a strong third quarter performance while executing on our plans and navigating a stressed and fragile supply chain environment. We generated third quarter revenue of $441 million, an increase of 7% over the prior year, and ahead of our plans entering the quarter." So revenue was ahead of plans. That's a step-up relative to expectations. But is it a step-up above recent norm? They say "ahead of our plans" and "strong third quarter performance." However, they also note that revenue performance benefited from timing of orders shifted from Q4 into Q3. That is a pull-forward, which is not durable. They say: "Our revenue performance benefited from the timing of orders as it shifted from Q4 into Q3." That suggests some of the strength is due to timing, not durable. But they also say demand has remained healthy, revenue grew in each major geography, etc. But the step-up is partly due to timing. The question asks if the strength is mainly due to durable, company-specific causes. They mention innovation, Genius platform, J7 Plus, iRobot Select, etc. But the immediate quarter's strength is attributed to timing of orders. Also, they mention supply chain challenges. They also say "We've been pleased to see that demand for Roomba has remained healthy." But the step-up is not clearly a break above recent norm; it's ahead of plans but partly due to timing. Also, they later discuss challenges and lower guidance for the year. The overall tone is not a clear positive step-up; it's mixed with many headwinds. The question asks for a clear positive step-up that is attributed to durable internal causes. Here, the step-up is partly due to timing, and the company is facing many challenges. Also, they mention that they are navigating a stressed supply chain, and they have lowered expectations. So the period is not presented as a clear break above recent norm; it's a quarter with some strength but also many issues.
NO Priced for a smaller company: management is quietly telling investors the business has already outgrown what the numbers
Original model output from the research archive. It may be verbose or include the model's working notes.
We need to answer YES or NO based on the transcript. The question asks: On this call, does management convey that outsiders are currently underweighting something the company has already done — and does management answer that gap by pointing to at least one concrete, already-completed or already-operating piece of the business whose contribution is still largely ahead of the reported results? We need to find if management indicates a recognition gap: that the way the company is seen/valued/measured does not match what the company already is. And then points to a concrete already-in-place thing with payoff still ahead. Let's scan the transcript. Management discusses strategy, innovation, Genius platform, J7+, iRobot Select subscription, connected customers, etc. They talk about challenges: supply chain, tariffs, shipping costs. They give guidance. They mention Investor Day on December 9th to offer deeper dive and reintroduce long-term financial model. Do they say outsiders are underweighting something? They talk about "we are understandably very excited about our strategic direction and the potential we see to create essentially greater shareholder value." They talk about "existing connected customer revenue trend very favorably" and "we are pleased with a trajectory of existing connected customer revenues this year." They mention "iRobot Select service" and "subscription offerings" as new ways to increase existing customer revenue. They say "we expect to exit '22 with a growing base of annualized recurring revenue." They also say "we believe that 2022 will represent a major turning point in our efforts to transform iRobot into a more defensible, profitable enterprise." But is there a specific claim that outsiders are underweighting something already done? They don't explicitly say "the market is not appreciating our subscription base" or "analysts are still modeling us as a hardware company." They do talk about the shift to software and intelligence, but that's more about strategy. They mention "we have been managing through a range of issues" and "we will fall short of achieving our targets this year" but that's about challenges. The question requires management to convey a recognition gap: that the way the company is currently seen, valued, measured, modeled, or asked about does not match what the company already is. I don't see that explicitly.
NO Betting the balance sheet on one live opportunity: management is deploying an unusual share of the company's own resourc
Original model output from the research archive. It may be verbose or include the model's working notes.
The question asks whether management conveys that the company is currently pouring an unusually large share of its own available resources into one opportunity that is already showing real results, and whether management accepts a visibly less comfortable near-term position to do so. Let me analyze the transcript for these three elements: 1. **Disproportionate deployment of resources**: Does management describe resource commitments that are large relative to the company's means? Looking at the transcript, I see discussion of: - Supply chain challenges, chip shortages - Tariff costs of $42-43 million - Transportation costs escalating by $13 million - Cost containment actions to mitigate $55 million in higher costs - The company is taking cost reduction actions, adjusting hiring, refining working media, limiting discretionary spending - They explicitly say "we believe that taking any additional material cost reduction activities would substantially impair our ability to execute on our strategy" The company is actually cutting costs, not pouring resources into one opportunity. They're managing through supply chain issues and tariffs. 2. **Target already producing**: The company does discuss iRobot Select subscription service, Genius platform, J7 Plus robot. These are producing results - 50,000 global subscribers, growing from dozens to hundreds to over a thousand per week. But is this described as receiving a disproportionate share of resources? 3. **Accepting less comfortable near-term position**: The company does acknowledge lower earnings due to tariffs and shipping costs, but this seems forced by external factors (tariffs, supply chain), not a deliberate choice to concentrate resources. The key question is whether management describes pouring an outsized share of resources into ONE opportunity. Looking at the transcript, I don't see this. The company is dealing with external headwinds (tariffs, shipping costs, chip shortages) and managing costs. They're not describing a deliberate concentration of resources into one opportunity at the expense of near-term comfort. The discussion of iRobot Select, Genius platform, and the J7 Plus are strategic initiatives, but management doesn't describe them as receiving a disproportionate share of company resources relative to the company's means. The company is actually cutting costs and managing spending.
NO Everything is being bought forward: buyers, and the company, are both committing ahead of when they need to
Original model output from the research archive. It may be verbose or include the model's working notes.
We need to answer YES or NO based on the transcript. The question is about whether management describes that time itself has shifted forward in this business—buyers committing earlier, company committing earlier in response, and management saying this lengthened horizon changes what it can see and do, with numbers not yet showing it. Let's examine the transcript for evidence of these three points. First, buyers committing earlier than they used to. The transcript discusses "timing of orders" shifting from Q4 into Q3. But that is about the company's own revenue timing, not about buyers committing earlier in a structural sense. There is also mention of "iRobot Select" subscription service, where customers subscribe and pay over time. That could be a form of earlier commitment? But that's a subscription model, not necessarily buyers committing further ahead of need. The transcript says "iRobot Select subscription service" expansion, and "we ended Q3 with nearly 50,000 global subscribers" and "adding over a thousand customers per week." That is a subscription, but it's not about buyers committing earlier relative to need—it's a recurring payment model. The question is about timing of commitment relative to actual need. Subscription might be a different thing. Second, the company is committing earlier in response. The transcript discusses supply chain challenges, shipping, tariffs, and actions like "cost of surety actions" and "optimizing our second-half channel activities, thoughtfully adjusting a hiring plan and refining our working media." There is mention of "actions to improve supply chain resiliency" and "achieving scale with our production in Malaysia" and "we've been managing through component availability." But is there a description of the company making forward commitments earlier because buyers are committing earlier? The transcript talks about supply chain constraints, but not specifically about the company committing earlier due to buyer behavior. The company is dealing with shortages and higher costs, but that's not the same as buyers committing earlier. Third, management says the lengthened horizon changes what it can see and do. The transcript mentions that they have "over 12.5 million connected customers" and "existing connected customer revenue trend very favorably." But that's about customer base, not about forward commitments.
NO Earnings outrunning the activity: results are now improving disproportionately faster than the business is growing, and
Original model output from the research archive. It may be verbose or include the model's working notes.
We need to determine if management conveys that profitability, cash generation, or per-unit results are improving meaningfully faster than the underlying volume of business, and that this is a structural feature with more ahead. Let's analyze the transcript. The company reported Q3 2021 revenue up 7% to $441M, operating income $48M, EPS $1.67. They mention revenue ahead of plans due to timing. They discuss challenges: chip shortage, shipping costs, tariffs. They lowered full-year guidance. They talk about strategic initiatives like Genius, iRobot Select, etc. Key question: Did management point to a disproportion in the just-reported period? For example, did they say that profit grew much faster than revenue? Revenue grew 7%, but operating income? They don't give prior year operating income directly. They say "operating profitability of $48 million" and "EPS of $1.67". They don't compare to prior year in terms of profit growth. They mention gross margin declined 11 points due to tariffs and supply chain. So profitability actually declined? They had higher revenue but lower margins. They don't claim any disproportion. They talk about cost headwinds. They also discuss future expectations: "We expect a higher revenue growth rate in '22 than in 2021" and "second half revenue, operating profit, and EPS performance will be meaningfully better than the first-half." But that's future, not just-reported. They mention "existing connected customer revenue trend very favorably" but no specific numbers showing disproportion. They talk about iRobot Select subscription service growing, but not that it's causing profit to outpace volume. They mention "overall gross robot ASPs grew 3% versus the same period last year. While units shipped were relatively unchanged." So revenue growth came from ASP increase, not volume. But that's not a disproportion in profit. They also mention "We're seeing existing connected customer revenue trend very favorably, both in absolute dollars and as a percentage of our total revenue." But no numbers. The question asks: "Does management convey that the company's PROFITABILITY, CASH GENERATION, OR PER-UNIT RESULTS ARE NOW IMPROVING MEANINGFULLY FASTER THAN THE UNDERLYING VOLUME OF BUSINESS IS GROWING" - In the just-reported period, they had revenue growth of 7%, but operating income? They don't give prior year operating income.
NO Second proving already underway: the company is deliberately running its own playbook a second time, and the repeat is v
Original model output from the research archive. It may be verbose or include the model's working notes.
We need to determine if management describes a repeat of a proven success, with a second instance already showing real signs of working, and management treats repeatability as the point. Looking at the transcript: Colin Angle discusses iRobot Select subscription service. He says: "In October, we expanded our iRobot select subscription service to include the Roomba J7 Plus. iRobot Flex is now scaling quickly in the U.S., while counterparts from Japan, the iRobot Smart Plan is also enjoying strong growth. Overall, we ended Q3 with nearly 50,000 global subscribers, with approximately 40% of these customers in the U.S. Since launching iRobot select a year ago, we have accelerated past the pace of adding new subscribers from dozens per week to hundreds per week to over a thousand customers per week." This indicates a subscription service that was launched a year ago, and now it's scaling, with growth in subscribers. Is this a repeat? The service itself is the same, but they expanded it to include a new product (J7 Plus). But the service is not a new instance; it's the same service growing. The question asks about repeating something already succeeded at once. Here, they launched iRobot Select a year ago, and now it's scaling. That's not a repeat; it's the same program continuing. They also have iRobot Smart Plan in Japan, which is a counterpart, but that might be a separate instance? However, the transcript doesn't explicitly say that they had a proven first time in one market and then repeated in another. They mention "iRobot Flex is now scaling quickly in the U.S., while counterparts from Japan, the iRobot Smart Plan is also enjoying strong growth." That suggests they have similar subscription services in different regions. But is that a repeat? Possibly, but management doesn't explicitly frame it as "we did it in the U.S., now we're doing it in Japan, and it's working." They just mention both are growing. Also, the question asks for a specific thing that has already succeeded once and is now being repeated. The subscription service itself is not a new instance; it's the same service expanding. They also mention "iRobot select" and "iRobot Smart Plan" as separate offerings, but they are similar. However, management doesn't point to a first success and then a second instance with early results. They just say they have subscribers and growth.
NO The economics improved before the volume arrived
Original model output from the research archive. It may be verbose or include the model's working notes.
We need to determine if management conveys both: (1) per-unit economics have already stepped up, and (2) volume is arriving but early, with evidence. From transcript: They discuss margin improvements, but note that 2021 had headwinds. They say "We enjoyed a strong third quarter performance" but also mention challenges. They talk about cost actions, but also say "we will fall short of achieving our targets this year". They mention "we expect a higher revenue growth rate in '22 than in 2021" and "we anticipate improved supply will translate into a much stronger top-line performance in the second half of next year." That is future, not already achieved. They mention "existing connected customer revenue trend very favorably" and "over 12.5 million connected customers, an increase of 60%". That is volume building. But per-unit economics? They talk about gross margin decline due to tariffs and supply chain. They say "we have refined our FY'21 revenue outlook" and "operating income in the range of 36-55 million" which is lower. They mention "we are taking steps to limit the impact" but not that they have achieved better per-unit economics. They talk about "iRobot Select" subscription service growing, but that is a new model, but they say "we ended Q3 with nearly 50,000 global subscribers" - that is small. They say "we have accelerated past the pace of adding new subscribers" but that is still early. However, they do not say that per-unit economics have already stepped up. They talk about "we expect that our actions to improve supply chain resiliency will help us move beyond our product supply constraints in the second half of next year." That is future. They also mention "we are bullish about the potential of our iRobot Select service" but that is potential. The question asks: "Does management convey that the company has RECENTLY ACHIEVED A STRUCTURALLY BETTER PROFIT-MAKING SETUP — the business now earns meaningfully more per unit of activity than it recently did, because of changes already made and already visible in the recent period's results — AND that the VOLUME which will flow across that improved setup is still mostly ahead, with real current evidence that it is coming?" From the transcript, they do not say that they have achieved a structurally better profit-making setup. They talk about cost headwinds, tariffs, and supply chain issues.
NO Insiders still discovering the upside: management reports the opportunity keeps revealing itself bigger in live operatio
Original model output from the research archive. It may be verbose or include the model's working notes.
We need to determine if management conveys that it is still discovering new upside inside a business that is already working, with fresh discoveries from live operation and management responding with real attention/resources. Let's analyze the transcript. Key points: - Q3 revenue ahead of plans due to timing of orders. - Demand healthy, revenue growth in geographies. - New products (J7 Plus, Genius 3.0) launched. - iRobot Select subscription service growing: "we have accelerated past the pace of adding new subscribers from dozens per week to hundreds per week to over a thousand customers per week." This is a discovery of faster growth? But is it a fresh discovery? They mention it as progress. - Partnership with Bona for accessories. - CRM systems improving productivity. - They talk about strategy and long-term vision. But the question is specifically about "STILL DISCOVERING NEW UPSIDE INSIDE BUSINESS THAT IS ALREADY WORKING" - meaning in the course of operating, they keep encountering positive surprises about how much more there is to do, and they are responding. Look for language about learning something favorable from actual operation. For example, the subscription service growth: they say "we have accelerated past the pace of adding new subscribers from dozens per week to hundreds per week to over a thousand customers per week." That indicates they are seeing faster growth than perhaps expected? But is that a discovery? They might have expected that. They also mention "existing connected customer revenue trend very favorably" - but that's just performance. They mention "We're seeing existing connected customer revenue trend very favorably, both in absolute dollars and as a percentage of our total revenue." That's a positive trend, but not necessarily a discovery of new upside. They talk about "iRobot Flex is now scaling quickly in the U.S., while counterparts from Japan, the iRobot Smart Plan is also enjoying strong growth." That's growth, but not a discovery. They mention "We're pleased to see that demand for Roomba has remained healthy." That's just demand. They talk about "The excellent reception from retailers and consumers of our newest robots underpin solid 14% growth from the mid and premium tiers." That's performance. They mention "We finished Q3 with over 12.5 million connected customers, an increase of 60%." That's growth.
NO From candidate to default: the company has just been placed inside buyers' own purchasing systems
Original model output from the research archive. It may be verbose or include the model's working notes.
We need answer YES/NO. Need analyze transcript. Question asks: Does management describe that company has RECENTLY crossed from being candidate to being approved/specified/listed/qualified/etc. inside buyers' purchasing systems, so future business can arrive without discrete selling event, and convey status is new enough that most volume ahead? Need use only transcript. Scan transcript. Management discusses iRobot Select subscription service, Genius platform, connected customers, D2C, CRM, partnerships. They mention "iRobot select subscription service" expansion, "iRobot Flex", "Smart Plan", subscribers. They talk about "existing connected customer revenue trend very favorably", "new CRM capabilities", "subscription offerings represent new ways for increase existing customer revenue". But is that about being placed into buyer's purchasing pathway? Subscription service is a recurring revenue model, but not necessarily "approved/specified/listed" in buyer's system. They also mention partnership with Bona to sell cleaning solution alongside Braava jet M6. That's a distribution/accessory partnership, not a gateway. Question specifically: "company has RECENTLY crossed from being a candidate that buyers must be persuaded to consider into being an APPROVED, SPECIFIED, LISTED, QUALIFIED, REGISTERED, REIMBURSED, OR PRE-AUTHORIZED choice inside buyers' own purchasing, reimbursement, formulary, specification, procurement, network, catalog, or program systems — so that a meaningful portion of the company's future business can now arrive WITHOUT a discrete selling event for each order — AND does management convey that this access status is new enough that most of the volume it will unlock is still ahead of the reported results?" Need see if any such description. The transcript has no mention of being added to a formulary, approved supplier list, etc. It talks about "iRobot select" subscription service, which is a direct-to-consumer subscription model. That is a business model where customers subscribe, but it's not a buyer-side system that the company is placed into. It's a selling model. Also "Genius" platform, "connected customers" - not a gateway. Management says "We're seeing existing connected customer revenue trend very favorably" and "we look forward to moving into production with a range of new CRM capabilities over the next quarter or two.
NO Losses shrinking while the business grows: the path to self-funding is visible in the numbers being reported, powered by
Original model output from the research archive. It may be verbose or include the model's working notes.
We need to answer YES or NO based on the transcript. The question asks whether management describes a company that is still unprofitable or only marginally profitable but whose losses/burn/shortfall are visibly and materially shrinking, driven primarily by business growth, and management treats reaching profitability as near and natural consequence. Let's analyze the transcript. The company is iRobot. In Q3 2021, they reported revenue of $441 million, up 7%, operating income of $48 million, EPS of $1.67. So they are profitable in Q3. However, for full year 2021, they expect operating income of $36-55 million, EPS $1.15-1.74. They also expect Q4 operating loss of $17-36 million. So they are profitable for the year, but Q4 is a loss. They are not "unprofitable" overall, but they have a loss in Q4. The question asks: "STILL UNPROFITABLE OR ONLY MARGINALLY PROFITABLE" - they are marginally profitable for the year, but Q4 loss. They are not solidly and consistently profitable because Q4 is a loss. So condition (1) might be met: they are not comfortably profitable, and the gap is closing? Actually, they are profitable in Q3, but Q4 is a loss. The improvement? They had revenue growth, but they also have many headwinds: tariffs, shipping costs, etc. They are not describing losses narrowing; they are describing a challenging year with lower profitability due to tariffs and supply chain. They are not describing a trajectory of improvement in profitability. They are describing a year with solid revenue growth but depressed earnings due to external factors. They are not saying "we are becoming profitable" because they already are profitable for the year, but Q4 loss. The question is about a company that is still unprofitable or marginally profitable but whose losses are shrinking. Here, they are profitable for the year, but Q4 loss. They are not describing a trend of improvement; they are describing a year with challenges. Also, the improvement is not driven by growth; they have revenue growth but profitability is down due to costs. They are not treating reaching profitability as near and natural; they are already profitable for the year, but they have a Q4 loss. They are not discussing a crossover; they are discussing a year with lower earnings. Let's read the transcript carefully. Colin says: "We enjoyed a strong third quarter performance...
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IRBT call history
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F Q1 2024 · Very weak call · 2024-05-08Management lowered guidance against slowing demand and expanding margins. The delivery was rich in specifics.
F Q4 2023 · Very weak call · 2024-02-27Management lowered guidance against slowing demand and contracting margins. The delivery was unusually candid, rich in specifics.
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F Q1 2022 · Very weak call · 2022-05-05Management lowered guidance against mixed demand signals and contracting margins. The delivery was unusually candid, rich in specifics.
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D Q4 2021 · Weak call · 2022-02-10Management held guidance steady against mixed demand signals and contracting margins. The delivery was unusually candid, rich in specifics.
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D Q3 2021 · Weak call · 2021-10-28Management lowered guidance against steady demand and contracting margins. The delivery was unusually candid, rich in specifics.
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D Q2 2021 · Weak call · 2021-07-29Management lowered guidance against accelerating demand and contracting margins. The delivery was unusually candid, rich in specifics.
View the 20 core call-quality checks
B Q1 2021 · Solid call · 2021-05-04Management raised guidance against accelerating demand and contracting margins. The delivery was unusually candid, rich in specifics.
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View 22 earlier calls
| Call | Date | Grade | Guidance | Demand | Margins | Candor | Evasion |
|---|---|---|---|---|---|---|---|
| Q4 2020 | 2021-02-11 | C+ | maintained | accelerating | contracting | 7/9 | 3/9 |
| Q3 2020 | 2020-10-21 | C+ | raised | accelerating | contracting | 6/9 | 5/9 |
| Q3 2020 | 2020-10-21 | C+ | raised | accelerating | stable | 7/9 | 5/9 |
| Q2 2020 | 2020-07-22 | B | raised | accelerating | contracting | 7/9 | 3/9 |
| Q1 2020 | 2020-04-29 | D | withdrawn | mixed | contracting | 7/9 | 4/9 |
| Q4 2019 | 2020-02-06 | C | lowered | mixed | contracting | 8/9 | 2/9 |
| Q3 2019 | 2019-10-23 | D | lowered | mixed | contracting | 7/9 | 4/9 |
| Q2 2019 | 2019-07-24 | D | lowered | slowing | contracting | 7/9 | 3/9 |
| Q1 2019 | 2019-04-24 | B | maintained | stable | contracting | 7/9 | 2/9 |
| Q4 2018 | 2019-02-07 | B | maintained | accelerating | contracting | 7/9 | 2/9 |
| Q3 2018 | 2018-10-24 | C+ | raised | accelerating | contracting | 6/9 | 4/9 |
| Q2 2018 | 2018-07-25 | C+ | raised | accelerating | expanding | 7/9 | 6/9 |
| Q1 2018 | 2018-04-25 | B+ | maintained | accelerating | expanding | 7/9 | 3/9 |
| Q4 2017 | 2018-02-08 | B | raised | accelerating | expanding | 6/9 | 3/9 |
| Q3 2017 | 2017-10-25 | C | raised | accelerating | expanding | 6/9 | 5/9 |
| Q2 2017 | 2017-07-26 | B+ | raised | mixed | expanding | 7/9 | 2/9 |
| Q1 2017 | 2017-04-26 | B+ | raised | accelerating | expanding | 7/9 | 2/9 |
| Q4 2016 | 2017-02-09 | C+ | maintained | accelerating | expanding | 7/9 | 3/9 |
| Q3 2016 | 2016-10-26 | B+ | raised | accelerating | expanding | 7/9 | 2/9 |
| Q2 2016 | 2016-07-27 | B+ | raised | accelerating | stable | 7/9 | 2/9 |
| Q1 2016 | 2016-04-27 | B | maintained | accelerating | expanding | 7/9 | 2/9 |
| Q4 2015 | 2016-02-11 | B+ | maintained | accelerating | contracting | 8/9 | 2/9 |