Conversion calendar in hand: management narrates the coming year as dated deliveries of business already secured
The model's full reasoning — Q3 2017 call → NOWe need to determine if management lays out a timetable of specific conversions that are already secured or in motion, with timing, and presents that schedule as the forward story. Let's examine the transcript. Key points from the call: - Management discusses new products (Nurse Residency Pathway, OB Risk program) that have been launched and have sales. They mention a large customer selected OB Risk program for system-wide deployment in a multiyear agreement, and also renewed enterprise-wide use of core platform with early renewal adding four years. They also added Knowledge Q. These are specific secured items. - They mention that these new products have shown revenue and sales orders in this quarter, but they are small. They say "we've recently begun to market and sale some of those products" and "all six products have shown revenue and some sales orders in this quarter, which is great. Again, very small but a nice start." So they are already contributing, but small. - They also discuss the Laerdal agreement expiring at end of 2018, and they have signed two new strategic partners in the last 100 days to bring new resuscitation solutions in January 2019. They say "we’ve signed two new strategic partners in the last 100 days" and "we’re really excited about some of those developments." They plan to launch new products in January 2019. That is a specific timetable for a secured partnership. - They also mention that they have a backlog of unimplemented customers for EchoCredentialing that was significantly reduced, and they expect to replicate success with Morrisey Solutions over the remainder of the year. That is more about execution. - They also discuss the shift to online surveys and the conversion from phone to online, which is a trend but not a specific secured item. - They mention that they have a strong cash position and may do acquisitions, but that's not a specific timetable. Now, the question: Does management lay out a timetable of specific conversions that are already secured or in motion, each attached to an at-least-approximate time frame, and present that schedule as the forward story? Let's see if they give timing for the OB Risk program and the renewal. They say "at the end of third quarter, we’re really excited, because one of our largest customers in our entire customer base, selected our OB Risk program...
| Ticker | Company | Call | Date | Call grade |
|---|---|---|---|---|
| ESEA | Euroseas Ltd. | Q4 2022 | 2023-02-15 | C+ |
| SOL | ReneSola Ltd | Q3 2022 | 2022-12-01 | C+ |
| FLL | Full House Resorts, Inc. | Q3 2022 | 2022-11-07 | B |
| FAT | FAT Brands Inc. | Q4 2021 | 2022-03-21 | F |
| CPK | Chesapeake Utilities Corporation | Q3 2017 | 2017-11-10 | A |
| ESE | ESCO Technologies Inc. | Q2 2016 | 2016-05-03 | A |
CPK · Q3 2017 → YESThe question is about whether management lays out a timetable of specific conversions for the next four or so quarters, with already secured business and approximate time frames.
SOL · Q3 2022 → YESThe question is about whether management lays out a timetable of specific conversions for the next four or so quarters, with already secured items and approximate time frames.
FLL · Q3 2022 → YESThe question is about whether management lays out a timetable of specific conversions for the next four or so quarters, with already secured items and approximate time frames.