b pharex
Vikings withstand Bears' furious rally, win on field goal in OTSix-time Super Bowl champion Bill Belichick interviewed for the head-coaching job at North Carolina, Inside Carolina and the Raleigh News & Observer reported Thursday. According to the News & Observer, Belichick "blew them away in the interview," yet he is not likely to move forward because he is pushing 73 years old and has no experience in the college game. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Stacker analyzed data from the Centers for Disease Control and Prevention to identify drops in HIV-related deaths and look at the causes and impacts. Click for more. HIV isn't the death sentence it once was: How related deaths are dropping in the US
BTC Digital Ltd. Announces Launch Of Proposed Underwritten Public OfferingUNIVERSITY PARK — In early 2025, Penn State Extension will offer a webinar series aimed at helping individuals create and enhance natural areas around their homes and make a positive environmental impact through simple stewardship practices. The “Woods in Your Backyard” series involves 9 webinars that will take place on Wednesday evenings from 7 p.m. to 8:30 p.m. running from Jan. 15 to March 12. This program is designed for landowners, land managers and conservation organizations. Studies show that the size of wood parcels smaller than 10 acres is increasing. This series is designed to assist in managing small parcels, but stewardship practices and forest ecology principles also apply to larger properties. Participants will learn about: Reasons to manage forests. Forest ecology. Creating and managing wildlife habitat. Identifying and controlling invasive plants. Forest health issues and management. Forests and water. Selecting native trees for various sites. Establishing meadows and forests. Creating plans for their property. Each registrant will receive the full-color, 108-page manual, “The Woods in Your Backyard: Learning to Create and Enhance Natural Areas Around Your Home,” a $20 value. This self-directed book will guide participants through the process of developing and implementing projects to enhance their land’s natural resources. Additional resources will be provided to participants for downloading. Books can be shipped to all U.S. states and territories, including Alaska, Hawaii, Puerto Rico, American Samoa, Virgin Islands, Northern Mariana Islands and Guam. Participants from other foreign locations are welcome to register and join webinars, but books are not included in their registration for this workshop. Partnering organizations include Forests for the Bay, Alliance for the Chesapeake Bay, the state Department of Conservation and Natural Resources’ Bureau of Forestry, Pennsylvania Game Commission, James C. Finley Center for Private Forests at Penn State, and University of Maryland Extension. Registration for the webinar series is required by Jan. 8, 2025, to receive the link to access the webinars. Registrants will receive a link to the recorded webinar within several days after the live webinar. The recorded lectures will be available for six months from the start of the event. More information is available on the Penn State Extension website .Pathstone Holdings LLC lessened its stake in ResMed Inc. ( NYSE:RMD – Free Report ) by 2.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,473 shares of the medical equipment provider’s stock after selling 468 shares during the period. Pathstone Holdings LLC’s holdings in ResMed were worth $4,021,000 at the end of the most recent reporting period. Several other hedge funds have also made changes to their positions in the stock. UMB Bank n.a. lifted its stake in shares of ResMed by 1.9% in the third quarter. UMB Bank n.a. now owns 2,465 shares of the medical equipment provider’s stock valued at $602,000 after buying an additional 47 shares during the period. QRG Capital Management Inc. lifted its stake in shares of ResMed by 4.5% in the second quarter. QRG Capital Management Inc. now owns 1,291 shares of the medical equipment provider’s stock valued at $247,000 after buying an additional 56 shares during the period. Inspire Advisors LLC lifted its stake in shares of ResMed by 1.9% in the second quarter. Inspire Advisors LLC now owns 3,060 shares of the medical equipment provider’s stock valued at $586,000 after buying an additional 56 shares during the period. Concurrent Investment Advisors LLC lifted its stake in ResMed by 3.1% during the third quarter. Concurrent Investment Advisors LLC now owns 1,919 shares of the medical equipment provider’s stock worth $469,000 after purchasing an additional 57 shares during the period. Finally, Moss Adams Wealth Advisors LLC lifted its stake in ResMed by 2.0% during the third quarter. Moss Adams Wealth Advisors LLC now owns 3,043 shares of the medical equipment provider’s stock worth $743,000 after purchasing an additional 60 shares during the period. Institutional investors own 54.98% of the company’s stock. Analyst Upgrades and Downgrades RMD has been the subject of a number of analyst reports. Baird R W upgraded shares of ResMed to a “strong-buy” rating in a research note on Tuesday, September 24th. Royal Bank of Canada raised their price target on shares of ResMed from $224.00 to $232.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. Needham & Company LLC restated a “hold” rating on shares of ResMed in a research note on Friday, October 25th. StockNews.com upgraded shares of ResMed from a “hold” rating to a “buy” rating in a research note on Tuesday, October 15th. Finally, KeyCorp raised their price target on shares of ResMed from $251.00 to $266.00 and gave the stock an “overweight” rating in a research note on Friday, October 25th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $225.70. Insiders Place Their Bets In other news, insider Kaushik Ghoshal sold 5,000 shares of ResMed stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $252.56, for a total transaction of $1,262,800.00. Following the transaction, the insider now directly owns 21,788 shares of the company’s stock, valued at $5,502,777.28. This trade represents a 18.67 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, Director Witte Jan De sold 796 shares of ResMed stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $248.81, for a total transaction of $198,052.76. Following the transaction, the director now directly owns 6,723 shares in the company, valued at approximately $1,672,749.63. This represents a 10.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last 90 days, insiders sold 62,174 shares of company stock valued at $14,882,278. Company insiders own 0.71% of the company’s stock. ResMed Stock Performance Shares of ResMed stock opened at $243.78 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.92 and a quick ratio of 1.91. The firm has a market cap of $35.79 billion, a P/E ratio of 32.29, a P/E/G ratio of 1.77 and a beta of 0.69. The firm has a 50 day simple moving average of $241.86 and a 200 day simple moving average of $224.47. ResMed Inc. has a fifty-two week low of $151.95 and a fifty-two week high of $260.49. ResMed ( NYSE:RMD – Get Free Report ) last released its earnings results on Thursday, October 24th. The medical equipment provider reported $2.20 EPS for the quarter, topping analysts’ consensus estimates of $2.03 by $0.17. ResMed had a net margin of 23.15% and a return on equity of 25.53%. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the business earned $1.64 EPS. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. Sell-side analysts predict that ResMed Inc. will post 9.28 earnings per share for the current fiscal year. ResMed Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Thursday, November 7th will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend is Thursday, November 7th. ResMed’s dividend payout ratio is presently 28.08%. ResMed Company Profile ( Free Report ) ResMed Inc develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. The company operates in two segments, Sleep and Respiratory Care, and Software as a Service. It offers various products and solutions for a range of respiratory disorders, including ApneaLink Air, a portable diagnostic device that measures oximetry, respiratory effort, pulse, nasal flow, and snoring; and NightOwl, a portable, cloud-connected, and disposable diagnostic device that measures AHI based on derived peripheral arterial tone, actigraphy, and oximetry over several nights. Featured Stories Receive News & Ratings for ResMed Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ResMed and related companies with MarketBeat.com's FREE daily email newsletter .Private and non-profit social care providers could be hit with increased costs of approximately £2.8 billion in the upcoming financial year, an analysis by the Nuffield Trust has indicated, raising concerns about the risk of businesses failing. The health and social care think tank highlighted that the rise in national insurance contributions (NICs) and wage bills for providers might lead to "swathes of the social care market collapsing under these extra cost pressures". The analysis took into account potential costs for nearly 18,000 independent organisations – excluding those run by local authorities – that provide adult social care in England. In her inaugural Budget last month, Chancellor Rachel Reeves raised the rate of employers’ NICs to 15% and lowered the threshold at which this tax is paid from £9,100 to £5,000, aiming to generate £26 billion a year. Additionally, she declared a 6.7% increase in the national living wage for employees aged 21 or over – from £11.44 an hour to £12.21 – starting April. According to the Nuffield Trust, just the NICs increase could impose an additional cost of around £940 million on the adult social care sector next year. With wage rises included, the total wage bill could see an estimated £1.85 billion added in 2024/25. The trust warned that without Government intervention to cover the NICs costs, providers are facing a challenging financial outlook. Natasha Curry, deputy director of policy at the Nuffield Trust, said: “Faced with a series of financial black holes in almost every corner of the public sector, the Government faced the unenviable task of urgently raising funds at the Budget to plug them. “But by choosing not to provide support to adult social care providers in covering the costs of the raise in ENICs, the result is likely to be catastrophic. “Already fragile after a decade of cuts, runaway inflation and the effects of Covid-19 , adult social care was in desperate need of relief. “But this was a Budget that gave with one hand and took away with the other. “The Government rightly wants to reform social care, but with the real prospect of swathes of the social care market collapsing under these extra cost pressures, there may be little left of it to reform unless the Government takes urgent action to cover ENICs for adult social care providers.” Voices within the sector warned in the immediate aftermath of the Budget that some care homes could be forced to close. A Department of Health and Social Care spokesperson said: “This government inherited a social care system in crisis. We are determined to tackle the significant challenges and build a National Care Service so everybody can access the high-quality care they deserve."
FMC Corporation announces date for fourth quarter 2024 earnings release and webcast conference call
HONG KONG (AFP) – Equities extended losses in Seoul yesterday, while the won stabilised as South Korea entered a period of uncertainty with President Yoon Suk Yeol clinging to power after his brief imposition of martial law this week. And Bitcoin broke past the USD100,000 mark for the first time yesterday on hopes United States (US) President-elect Donald Trump will push through measures to deregulate cryptocurrencies when he takes office next month. The digital unit hit USD100,010 in early Asian trade, having enjoyed a blistering rally since the November 5 election of Trump, who pledged on the campaign trail to make the US the “bitcoin and cryptocurrency capital of the world”. On Wednesday, the crisis in East Asia kicked off a day of high drama, as hours later the three-month-old government of French Prime Minister Michel Barnier was brought down in a no-confidence vote linked to a controversial budget proposal. The news out of the eurozone’s number-two economy had been expected and the euro saw no major impact, but the move injected fresh uncertainty into an already fraught political situation in France after divisive elections earlier this year. All eyes in Asia are on Seoul, where the opposition has pushed for Yoon’s impeachment, accusing him of declaring martial law to stop criminal investigations into himself and his family. A trader walks near the screens at a foreign exchange dealing room in Seoul, South Korea. PHOTO: AP United States President-elect Donald Trump speaks at a Bitcoin 2024 Conference. PHOTO: AP But while the leader of Yoon’s People Power Party (PPP) called for the president to resign from the party and stressed he was “not trying to defend the president’s unconstitutional martial law”, a key PPP member vowed all its lawmakers would “stay united” to reject the impeachment motion. Also yesterday, it emerged that Defence Minister Kim Yong-hyun had resigned over the issue. The upheaval comes as Asia’s number-three economy struggles to gain traction and worries build on the possible impact of Donald Trump’s presidency as he prepares to reignite his hardball trade policy when he takes power next month. But analysts saw some optimism. “The silver lining we think is that the swift reversal of the martial law underscores the resilience of South Korea’s institutions,” said analysts at BMI, a unit of Fitch Solutions. “For now, we expect limited implications for the economy and financial markets as the Bank of Korea and the ministry of finance have responded swiftly by reassuring investors. “Notably, the central bank committed to boosting short-term liquidity and enacting measures to stabilise the forex markets, which aligns with our view that risks around the South Korean won should remain contained for now.” And senior economist for emerging Asia at Natixis CIB Trinh Nguyen said: “We believe this is a growth shock rather than a sovereign risk given the political reverberation of the martial law, which was short-lived. “The incident shows the strength of Korean institutions that prevented it and will indeed raise the questions of how Yoon will govern (already a lame duck) and whether he can continue to govern (impeachment or resignation very likely).” In early trade, Seoul’s Kospi was down 0.3 per cent, having finished more than one per cent down on Wednesday – itself an improvement on the initial drop. And the won remained at around 1,415 to the dollar, slightly up from its levels before the crisis erupted when it sank about three per cent.ESPN's "College GameDay" has become a staple during each college football season. Lee Corso has become a cornerstone of the program since the show began in 1987. However, with Corso nearing the age of 90, his future with "College GameDay" is up in the air. Corso has missed a few weeks of the show due to health issues, so his time on the set could be coming to an end. Recently, ESPN President Burke Magnus discussed Corso's future : “I think we’re going to do what we’ve done now for a couple of years running, which is we’re gonna have a conversation with him after the season and see where things are,” Magnus said. Andrew Wevers-Imagn Images Magnus said they will take time to "figure out" what everyone wants to do after the season ends. Nonetheless, the future of Corso on "College GameDay" is a big question mark, and college football fans have mixed feelings about it. "As far as I’m concerned, Corso and @DickieV should stay at ESPN as long as they want to. They have done so much for college sports and deserve to leave on their terms. They are both legends!" one fan said . "As long as he’s breathing air, I want him on set," said another . "Coach is doing just fine," said another . On the other hand, some fans want Corso to retire for his good. "Lee Corso is an icon on College GameDay but it is time for him to retire. I think it would be wonderful to have the first show of next season, the light on content Week 0 show, be a celebration of and farewell for him. It gives the fan base a chance to properly say thank you," one fan replied. "Please let him retire," wrote another. "Let the man retire. It looks so sad seeing him there and can barely move," said another fan . Corso will be 90 years old when the 2025 college football season begins, so it wouldn't be surprising to see this year be his final run on the "College GameDay" set. However, those conversations will be had after the season ends. Either way, college football fans have mixed feelings about Corso's unclear future. Related: ESPN President Reveals Plans For Lee Corso’s 'College GameDay' Future
ATLANTA — On Jan. 18 and 19 the AT&T Playoff Playlist Live! will be held at State Farm Arena in advance of the College Football Playoff national championship on Jan. 20. The star-studded lineup was announced Thursday at a news conference at Mercedes-Benz Stadium. Performances will include Lil Wayne and GloRilla on Saturday; and Camila Cabello, Myles Smith and Knox on Sunday. On game day, the Allstate Championship Tailgate, taking place just outside Mercedes-Benz Stadium in the Home Depot Backyard, will feature country acts on the Capital One Music Stage, including global superstar Kane Brown and iHeartCountry “On The Verge” artist Ashley Cooke. The concerts are just two of the festivities visiting fans can enjoy in the days leading up to the big game. The fan experience for both ticket holders and the general public has been a focus for event planners. All weekend long, an estimated 100,000 people from across the country are expected to attend fan events preceding kickoff. “It will be an opportunity for fans of all ages to come together to sample what college football is all about, and you don’t have to have a ticket to the game to be a part of it,” said Bill Hancock, executive director of the CFP in a press release. “We’ve worked closely with the Atlanta Football Host Committee to develop fan-friendly events that thousands will enjoy come January.” On Saturday, Jan. 18, Playoff Fan Central will open at the Georgia World Congress Center in downtown Atlanta. The free, family-friendly experience will include games, clinics, pep rallies, special guest appearances, autograph signings and exhibits celebrating college football and its history. That day, fans can also attend Media Day, presented by Great Clips, which will feature one-hour sessions with student-athletes and coaches from each of the College Football Playoff national championship participating teams. ESPN and social media giants X, Facebook, Instagram and TikTok will be taping live broadcasts from the event. On Sunday, Jan. 19, the Trophy Trot, both a 5K and 10K race, will wind its way through the streets of downtown Atlanta. Each Trophy Trot participant will receive a T-shirt and finisher’s medal. Participants can register at atlantatrackclub.org . On Sunday evening, the Georgia Aquarium will host the Taste of the Championship dining event, which offers attendees the opportunity to indulge in food and drink prepared by local Atlanta chefs. This premium experience serves as an elevated exploration of local cuisine on the eve of the national championship. Tickets to the Taste of the Championship event are available on etix.com . Atlanta is the first city ever to repeat as host for the CFP national championship. The playoff was previously held in Atlanta in 2018. “We are honored to be the first city to repeat as host for the CFP national championship and look forward to welcoming college football fans from around the country in January,” said Dan Corso, president of the Atlanta Sports Council and Atlanta Football Host Committee. “This event gives us another opportunity to showcase our incredible city.” The College Football Playoff is the event that crowns the national champion in college football. The quarterfinals and semifinals rotate annually among six bowl games — the Goodyear Cotton Bowl Classic, Vrbo Fiesta Bowl, Capital One Orange Bowl, Chick-fil-A Peach Bowl, Rose Bowl Game presented by Prudential and the Allstate Sugar Bowl. This year’s quarterfinals will take place on Dec. 31, 2024 and Jan. 1, 2025, while the semifinals will be Jan. 9-10, 2025. The CFP national championship will be Monday, Jan. 20, 2025, at Mercedes-Benz Stadium. For additional information on the College Football Playoff, visit CollegeFootballPlayoff.com . Get local news delivered to your inbox!
Raiders confirm QB Gardner Minshew out for season, look to Aidan O'Connell
SAN FRANCISCO , Dec. 5, 2024 /PRNewswire/ -- Docusign, Inc. (NASDAQ: DOCU) today announced results for its fiscal quarter ended October 31, 2024. Prepared remarks and the news release with the financial results will be accessible on Docusign's website at investor.docusign.com prior to its webcast. "Docusign delivered powerful new innovation for customers highlighted by new capabilities to its Intelligent Agreement Management ("IAM") platform," said Allan Thygesen , CEO of Docusign. "In Q3, early IAM momentum outpaced expectations, and we continued to drive improvement in our core business with strong revenue growth and operating profit." Third Quarter Financial Highlights A reconciliation of GAAP to non-GAAP financial measures has been provided in the tables included in this press release. An explanation of these measures is also included below under the heading "Non-GAAP Financial Measures and Other Key Metrics." Key Business Highlights: IAM Product Releases and Highlights : Docusign announced new product capabilities to its IAM platform. Highlights from recent product releases include: Contract Lifecycle Management ("CLM") Product Releases and Highlights : Developer Ecosystem: Guidance The company currently expects the following guidance: Total revenue $758 to $762 Subscription revenue $741 to $745 Billings $870 to $880 Non-GAAP gross margin 81.0 % to 82.0 % Non-GAAP operating margin 27.5 % to 28.5 % Non-GAAP diluted weighted-average shares outstanding 209 to 214 Total revenue $2,959 to $2,963 Subscription revenue $2,885 to $2,889 Billings $3,056 to $3,066 Non-GAAP gross margin 81.9 % to 82.1 % Non-GAAP operating margin 29.5 % to 29.7 % Non-GAAP diluted weighted-average shares outstanding 210 to 212 A reconciliation of non-GAAP guidance measures to corresponding GAAP guidance measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, expenses that may be incurred in the future. Stock-based compensation-related charges, including employer payroll tax-related items on employee stock transactions, are impacted by many factors, including the timing of employee stock transactions, the future fair market value of our common stock, and our future hiring and retention needs, all of which are difficult to predict and subject to constant change. We have provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables for our historical non-GAAP financial results included in this release. Webcast Conference Call Information The company will host a conference call on December 5, 2024 at 2:00 p.m. PT ( 5:00 p.m. ET ) to discuss its financial results. A live webcast of the event will be available on the Docusign Investor Relations website at investor.docusign.com . Prepared remarks and the news release with the financial results will also be accessible on Docusign's website prior to the webcast. A live dial-in will be available domestically at 877-407-0784 or internationally at 201-689-8560. A replay will be available domestically at 844-512-2921 or internationally at 412-317-6671 until midnight (EST) December 19, 2024 using the passcode 13750095. About Docusign Docusign brings agreements to life. Over 1.6 million customers and more than a billion people in over 180 countries use Docusign solutions to accelerate the process of doing business and simplify people's lives. With intelligent agreement management, Docusign unleashes business critical data that is trapped inside of documents. Until now, these were disconnected from business systems of record, costing businesses time, money, and opportunity. Using Docusign's IAM platform, companies can create, commit, and manage agreements with solutions created by the #1 company in e-signature and CLM. Learn more at www.docusign.com . Copyright 2024. Docusign, Inc. is the owner of DOCUSIGN® and all its other marks (www.docusign.com/IP). Investor Relations: Docusign Investor Relations investors@docusign.com Media Relations: Docusign Corporate Communications media@docusign.com Forward-Looking Statements This press release contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on our management's beliefs and assumptions and on information currently available to management, and which statements involve substantial risk and uncertainties. All statements contained in this press release other than statements of historical fact, including statements regarding our future operating results and financial position, our business strategy and plans, market growth and trends, objectives for future operations, and the impact of such assumptions on our financial condition and results of operations are forward-looking statements. Forward-looking statements in this press release also include, among other things, statements under "Guidance" above and any other statements about expected financial metrics, such as revenue, billings, non-GAAP gross margin, non-GAAP operating margin, non-GAAP diluted weighted-average shares outstanding, and non-financial metrics, as well as statements related to our expectations regarding the benefits, rollout and customer demand of the Docusign IAM platform. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. Forward-looking statements contained in this press release include, but are not limited to, statements about: our expectations regarding global macro-economic conditions, including the effects of inflation, volatile interest rates, and market volatility on the global economy; our ability to estimate the size and growth of our total addressable market; our ability to compete effectively in an evolving and competitive market; the impact of any data breaches, cyberattacks or other malicious activity on our technology systems; our ability to effectively sustain and manage our growth and future expenses and maintain or increase future profitability; our ability to attract new customers and maintain and expand our existing customer base; our ability to effectively implement and execute our restructuring plans; our ability to scale and update our platform to respond to customers' needs and rapid technological change, including our ability to successfully incorporate generative artificial intelligence into our existing and future products; our ability to successfully execute our technical developments, go-to-market and sales strategy for our IAM platform; our ability to expand use cases within existing customers and vertical solutions; our ability to expand our operations and increase adoption of our platform internationally; our ability to strengthen and foster our relationships with developers; our ability to retain our direct sales force, customer success team and strategic partnerships around the world; our ability to identify targets for and execute potential acquisitions and to successfully integrate and realize the anticipated benefits of such acquisitions; our ability to maintain, protect and enhance our brand; the sufficiency of our cash, cash equivalents and capital resources to satisfy our liquidity needs; limitations on us due to obligations we have under our credit facility or other indebtedness; our ability to realize the anticipated benefits of our stock repurchase program; our failure or the failure of our software to comply with applicable industry standards, laws and regulations; our ability to maintain, protect and enhance our intellectual property; our ability to successfully defend litigation against us; our ability to attract large organizations as users; our ability to maintain our corporate culture; our ability to offer high-quality customer support; our ability to hire, retain and motivate qualified personnel, including executive level management; our ability to successfully manage and integrate executive management transitions; uncertainties regarding the impact of general economic and market conditions, including as a result of regional and global conflicts; and our ability to maintain proper and effective internal controls. Additional risks and uncertainties that could affect our financial results are included in the sections titled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our annual report on Form 10-K for the fiscal year ended January 31, 2024 filed on March 21, 2024 , our quarterly report on Form 10-Q for the quarter ended October 31, 2024 , which we expect to file on December 6, 2024 with the Securities and Exchange Commission (the "SEC"), and other filings that we make from time to time with the SEC. The forward-looking statements made in this press release relate only to events as of the date on which such statements are made. We undertake no obligation to update any forward-looking statements after the date of this press release or to conform such statements to actual results or revised expectations, except as required by law. Non-GAAP Financial Measures and Other Key Metrics To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, we use certain non-GAAP financial measures, as described below, to understand and evaluate our core operating performance. These non-GAAP financial measures, which may be different than similarly-titled measures used by other companies, are presented to enhance investors' overall understanding of our financial performance and should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. We believe that these non-GAAP financial measures provide useful information about our financial performance, enhance the overall understanding of our past performance and future prospects, and allow for greater transparency with respect to important metrics used by our management for financial and operational decision-making. We present these non-GAAP measures to assist investors in seeing our financial performance using a management view, and because we believe that these measures provide an additional tool for investors to use in comparing our core financial performance over multiple periods with other companies in our industry. However, these non-GAAP measures are not intended to be considered in isolation from, a substitute for, or superior to our GAAP results. Non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income from operations, non-GAAP operating margin, non-GAAP net income and non-GAAP net income per share : We define these non-GAAP financial measures as the respective GAAP measures, excluding expenses related to stock-based compensation, employer payroll tax on employee stock transactions, amortization of acquisition-related intangibles, amortization of debt discount and issuance costs, fair value adjustments to strategic investments, acquisition-related expenses, lease-related impairment and lease-related charges, restructuring and other related charges, as these costs are not reflective of ongoing operations and, as applicable, other special items. The amount of employer payroll tax-related items on employee stock transactions is dependent on our stock price and other factors that are beyond our control and do not correlate to the operation of the business. When evaluating the performance of our business and making operating plans, we do not consider these items (for example, when considering the impact of equity award grants, we place a greater emphasis on overall stockholder dilution rather than the accounting charges associated with such grants). We believe it is useful to exclude these expenses in order to better understand the long-term performance of our core business and to facilitate comparison of our results to those of peer companies and over multiple periods. In addition to these exclusions, we subtract an assumed provision for income taxes to calculate non-GAAP net income. We utilize a fixed long-term projected tax rate in our computation of the non-GAAP income tax provision to provide better consistency across the reporting periods. For fiscal 2024 and fiscal 2025, we have determined the projected non-GAAP tax rate to be 20%. Free cash flow : We define free cash flow as net cash provided by operating activities less purchases of property and equipment. We believe free cash flow is an important liquidity measure of the cash that is available (if any), after purchases of property and equipment, for operational expenses, investment in our business, and to make acquisitions. Free cash flow is useful to investors as a liquidity measure because it measures our ability to generate or use cash in excess of our capital investments in property and equipment. Once our business needs and obligations are met, cash can be used to maintain a strong balance sheet and invest in future growth. Billings : We define billings as total revenues plus the change in our contract liabilities and refund liability less contract assets and unbilled accounts receivable in a given period. Billings reflects sales to new customers plus subscription renewals and additional sales to existing customers. Only amounts invoiced to a customer in a given period are included in billings. We believe billings can be used to measure our periodic performance, when taking into consideration the timing aspects of customer renewals, which represents a large component of our business. Given that most of our customers pay in annual installments one year in advance, but we typically recognize a majority of the related revenue ratably over time, we use billings to measure and monitor our ability to provide our business with the working capital generated by upfront payments from our customers. For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measure, please see "Reconciliation of GAAP to Non-GAAP Financial Measures" below. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended October 31, Nine Months Ended October 31, (in thousands, except per share data) 2024 2023 2024 2023 Revenue: Subscription $ 734,693 $ 682,352 $ 2,143,542 $ 1,991,026 Professional services and other 20,127 18,069 56,945 58,470 Total revenue 754,820 700,421 2,200,487 2,049,496 Cost of revenue: Subscription 134,587 114,227 393,561 339,354 Professional services and other 21,950 28,418 67,887 85,360 Total cost of revenue 156,537 142,645 461,448 424,714 Gross profit 598,283 557,776 1,739,039 1,624,782 Operating expenses: Sales and marketing 290,597 292,473 859,705 867,916 Research and development 151,101 136,640 432,992 387,964 General and administrative 97,555 108,215 277,162 316,910 Restructuring and other related charges — 710 29,721 30,293 Total operating expenses 539,253 538,038 1,599,580 1,603,083 Income from operations 59,030 19,738 139,459 21,699 Interest expense (462) (1,577) (1,150) (5,135) Interest income and other income, net 13,006 17,673 41,745 47,373 Income before provision for (benefit from) income taxes 71,574 35,834 180,054 63,937 Provision for (benefit from) income taxes 9,151 (2,971) (804,340) 17,198 Net income $ 62,423 $ 38,805 $ 984,394 $ 46,739 Net income per share attributable to common stockholders: Basic $ 0.31 $ 0.19 $ 4.81 $ 0.23 Diluted $ 0.30 $ 0.19 $ 4.69 $ 0.23 Weighted-average shares used in computing net income per share: Basic 203,567 204,456 204,674 203,609 Diluted 208,706 208,054 209,755 208,317 Stock-based compensation expense included in costs and expenses: Cost of revenue—subscription $ 14,862 $ 13,705 $ 44,636 $ 38,143 Cost of revenue—professional services and other 4,765 7,343 14,465 21,359 Sales and marketing 49,347 53,715 154,396 150,604 Research and development 53,184 48,310 150,816 129,458 General and administrative 31,070 36,337 91,239 111,271 Restructuring and other related charges — 8 4,836 4,996 CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (in thousands) October 31, 2024 January 31, 2024 Assets Current assets Cash and cash equivalents $ 610,870 $ 797,060 Investments—current 331,506 248,402 Accounts receivable, net 300,444 439,299 Contract assets—current 13,645 15,922 Prepaid expenses and other current assets 75,412 66,984 Total current assets 1,331,877 1,567,667 Investments—noncurrent 112,805 121,977 Property and equipment, net 278,623 245,173 Operating lease right-of-use assets 113,365 123,188 Goodwill 455,678 353,138 Intangible assets, net 83,307 50,905 Deferred contract acquisition costs—noncurrent 445,987 409,627 Deferred tax assets—noncurrent 816,538 2,031 Other assets—noncurrent 132,028 97,584 Total assets $ 3,770,208 $ 2,971,290 Liabilities and Equity Current liabilities Accounts payable $ 18,144 $ 19,029 Accrued expenses and other current liabilities 94,591 104,037 Accrued compensation 158,779 195,266 Contract liabilities—current 1,307,749 1,320,059 Operating lease liabilities—current 19,507 22,230 Total current liabilities 1,598,770 1,660,621 Contract liabilities—noncurrent 22,931 21,980
Down 47% Since March, Is CRISPR Therapeutics Stock a Buy on the Dip?Las Vegas quarterback Gardner Minshew is out for the season due to a broken collarbone, head coach Antonio Pierce confirmed on Monday, leaving the Raiders with a short week to determine their starter. Minshew suffered the injury when he was sacked and landed on his left shoulder late in the fourth quarter of Las Vegas' 29-19 home loss to the Denver Broncos. Former starter Aidan O'Connell, who was sidelined by a thumb injury in Week 7, could return off injured reserve in time for the Raiders (2-9) to face the two-time reigning Super Bowl champion Chiefs (10-1) on Friday in Kansas City. "We'll see if Aidan is good to go," Pierce said. "He's been ramping up." O'Connell entered the 21-day practice window on Monday as the Raiders determine when to activate him. "Seeing him able to grip the ball comfortable, hopefully, no pain there, and just being able to be efficient," Pierce said. "To put a player out there that's hurting or injured still, that's not to the benefit of the player or our team." O'Connell, 26, has played in four games this season, starting two (both losses). He is 52 of 82 (63.4 percent) for 455 yards, two touchdowns and two interceptions. As a rookie last season, O'Connell started 10 of 11 games, going 5-5, and completed 213 of 343 passes (62.1 percent) for 2,218 yards, 12 TDs and seven interceptions. The Raiders selected O'Connell in the fourth round of the 2023 NFL Draft. "Obviously at the quarterback position, you've got to be smart," Pierce said. "I think with Aidan, his future's much brighter looking ahead. ... I'll have to really rely on our doctors and medical staff." Desmond Ridder replaced Minshew and went 5 of 10 for 64 yards. Ridder, 25, has appeared in three games this season for Las Vegas and is 16 of 26 (61.5 percent) for 138 yards and one TD. Ridder played the previous two seasons for the Atlanta Falcons, who selected him in the third round of the 2022 draft. For his career, he is 338 of 529 (63.9 percent) for 3,682 yards, 15 TDs and 12 interceptions in 22 games (17 starts, 8-9 record). Minshew, 28, completed 25 of 42 passes for 230 yards with one touchdown and one interception against the Broncos. He finished his first season with the Raiders with 2,013 yards, nine TDs and 10 picks on 66.3 percent passing. He joined the Raiders in free agency after stints in Jacksonville (2019-20), Philadelphia (2021-22) and Indianapolis (2023) and won the starting job in camp. But he was benched multiple times for O'Connell as the Raiders struggled as a team. --Field Level Media
New governor set to reorganize Indiana government operations
Raiders confirm QB Gardner Minshew out for season, look to Aidan O'Connell
Johns Hopkins Marty Makary, Trump’s choice for FDA, a ‘brilliant surgeon’ with some ‘worrisome’ viewsThe Lagos State Governor, Babajide Sanwo-Olu says his administration’s vision is to build a state that is secure, proactive, and technologically empowered to meet modern security challenges. Calling for cooperation from stakeholders in the state’s security ecosystem towards its fulfilment. “I urge concerned government agencies, citizens, and partners to continue working together to transform this vision into reality. Together, we can ensure that Lagos remains a beacon of safety, progress, and innovation,” the Governor said at the 18th Annual Town Hall Meeting on Security handing over 260 security vehicles, 1000 ballistic helmets, 1000 bulletproof vests 1000 ballistic helmets and other security gadgets to the Lagos State Security Trust Fund (LSSTF) at the Lagos House, Ikeja on Thursday. The event had security chiefs in attendance, including the Inspector General of Police, Kayode Egbetokun, captains of industries, and other stakeholders in the state’s security ecosystem. Speaking further, Sanwo-Olu emphasised that his government remains committed to offering support to security agencies in the state to ensure the safety and security of citizens, their properties and businesses. At the event themed: “Data and Technology-Driven Security: The Way Forward”, the Governor said: “As we confront the complexities of securing lives, properties, and investments in our dynamic state, it is clear that traditional methods alone cannot address the evolving nature of these issues and that the challenges of modern urban security require cutting-edge solutions.” He reiterated his administration’s “Steadfast commitment to harnessing the transformative power of data and technology to revolutionize how we protect our communities.” The Governor also restated commitment to collaboration with the private sector to enhance and improve the security architecture as well as provide logistics to ensure the safety of all. He noted that the LSSTF, since its inception 17 years ago, has judiciously kept faith with security agencies by bringing initiatives, training, ensuring infrastructural development and deploying technologies to enhance security. While appreciating the management of the Fund, under the leadership of the Executive Secretary and CEO, Abdulrazaq Balogun and his team for their efforts, Sanwo-Olu lauded donors, both individual and corporate. In particular, Zenith Bank and billionaires Femi Otedola and Tony Elumelu donated N1 billion and N500 million, respectively. He urged citizens, both corporate and individual, to play an active role in creating a safer Lagos. “You can contribute by reporting suspicious activities through our emergency hotlines, participating in community safety programs, and staying informed about safety guidelines so that we can build a safer, more secure, and prosperous future for Lagos.” He said. He also said: “Through strategic partnerships, substantial investments, and the collective determination of our government and the people of Lagos, we have achieved notable milestones in enhancing our security framework. “We have deployed 450 Intelligent Video Surveillance Cameras across critical areas in Lagos, all linked to the Lagos State Command and Control Center. These cameras use intelligent video analytics to detect unusual activities, enabling real-time alerts to security agencies for faster and more precise responses. He also said that the Government had launched a digital identification system incorporating biometric technology and digital ID verification. This initiative enhances security in high-risk zones, including schools, markets, government facilities, and transportation hubs, to reduce fraud and impersonation incidents. “We recognize that not all citizens have equal access to digital technology, so to bridge this digital divide, we will establish accessible registration centres across the state, offering assistance with enrollment and providing alternative identification methods for those who lack access to smartphones or other devices. “We are committed to ensuring that everyone benefits from this improved security infrastructure. “Recognizing the rapid evolution of security technology, we are deepening partnerships with tech companies to incorporate cutting-edge innovations into Lagos’ security ecosystem. Cybersecurity Operations Center: To safeguard citizens’ data and prevent breaches in our interconnected systems, we inaugurated a cybersecurity advisory board to strengthen digital security, drive technological advancement and enhance digital security. “The success of these initiatives depends on sustained support, investments, and collaborative efforts. I extend profound gratitude to the donors of the Lagos State Security Trust Fund (LSSTF), whose contributions have significantly bolstered our security capabilities. Notably, I sincerely acknowledge the outstanding generosity of Zenith Bank Plc and Mr Femi Otedola for their remarkable donations of one billion Naira each, as well as Mr Tony Elumelu for his substantial contribution of Five Hundred Million Naira to the LSSTF this year. In his remarks, IG Kayode Egbetokun lauded the Lagos state government for being proactive in its efforts to safeguard the lives of Lagosians and creating an enabling environment for businesses to thrive. He showered praises on the Sanwo-Olu administration for the conducive environment created for security operatives in the state through the investment in equipment and gadgets.
NoneTrump’s Cabinet picks are riling up hardline conservatives. Will that matter?