Question Bank › Earned recurrence: demand arriving from first-ha

Earned recurrence: demand arriving from first-hand-proven buyers, still early

Calls Tested
489
Answered YES
4
Hit Rate
0.8%
rare by design

SelectQuote, Inc. (SLQT) — this company's answers

NO on the Q2 2022 call 2022-02-07 F
The model's full reasoning — Q2 2022 call → NO我们根据提供的财报电话会议记录,判断管理层是否描述了公司当前业务增长中有意义的部分来自已有直接经验的客户(即客户因先前体验而主动带来业务),且这种模式仍处于早期,大部分贡献尚未实现。 在记录中,管理层多次提到SelectRx(药房业务)的进展,例如“Consumer interest in our SelectRx pharmacy solution, in particular, continues to ramp up. To date, we have completed over 40,000 gross customer enrollments... recently at list 10,000 active members receiving prescriptions.” 以及“we remain well on pace with our original expectations of 25,000 members by the end of this fiscal year”。这表明客户对SelectRx的需求在增长,且这些客户是已有的或新的Medicare Advantage客户,但并未明确说明这些需求是客户主动带来的,还是公司推销的结果。管理层提到“That demand was generated almost entirely from enrollments of new and existing SelectQuote Medicare Advantage customers have very low incremental acquisition costs for the company.” 这暗示了现有客户基础带来的需求,但并未明确说客户是主动回来或推荐,而是说这些客户是已有的或新的MA客户,且获取成本低。这更像是公司利用现有客户群进行交叉销售,而非客户主动带来业务。 此外,管理层主要讨论的是MA业务的挑战,如计划同质化导致关闭率下降,以及他们计划减少增长、重置基线等。没有提到客户因先前体验而主动带来业务的现象。 因此,答案应为NO。

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Show the exact prompt the model was given
Using ONLY the supplied earnings call transcript and no outside information: On this call, does management describe that a MEANINGFUL SHARE OF THE COMPANY'S CURRENT BUSINESS GROWTH is arriving WITHOUT THE COMPANY HAVING TO PERSUADE THE BUYER — that is, demand is increasingly generated by parties with DIRECT PRIOR EXPERIENCE of what the company provides (customers with first-hand experience expanding, returning, renewing, deepening, or referencing; parties that have already used, deployed, trialed, tested, sampled, piloted, or bought an initial piece of what the company sells now coming back for more; an installed base pulling follow-on business through on its own), rather than by the company's own selling, marketing, pricing, promotions, or new-logo acquisition push — AND does management convey that this earned-recurrence pattern is STILL EARLY enough that most of the business it will generate is still ahead of the reported results? Answer YES when management's own words convey, in whatever form fits the business, ONE coherent phenomenon: parties with first-hand experience of the company's offering are generating business on their own initiative — as a real, current, observable pattern in how the company's demand is being produced today — and management treats this as meaningful to where the company is heading with most of the contribution still ahead. Management need not use any particular vocabulary; it may show up in how it describes demand sources, customer behavior, reorder dynamics, expansion of proven relationships, or the decreasing role of persuasion in winning business. Answer NO if growth is described mainly through the company's own selling push, pricing actions, promotions, marketing, or new-logo acquisition, however strong. NO if the 'return' activity is merely a contractually forced renewal, a standing subscription auto-charge, or an ordinary slow-order cadence, with no sense that prior experience itself is now driving the demand. NO if the earned recurrence is only hoped for, planned, or projected rather than already observable. NO if the only evidence is one isolated anecdote with no broader pattern. NO if the recurrence is already mature and fully reflected in the reported results, with no meaningful contribution still ahead. NO if management attributes the shift to a one-time event, a temporary spike, or a pull-forward it expects to reverse. NO if the idea appears only in an analyst's question that management does not itself affirm. Use only the supplied transcript. Answer only YES or NO.

Companies that answered YES

TickerCompanyCallDateCall grade
LTRX Lantronix, Inc. Q3 2024 2024-04-29 C
DASH DoorDash, Inc. Q3 2023 2023-11-01 C+
ATI Allegheny Technologies Incorporated Q1 2018 2018-04-24 B
UPLD Upland Software, Inc. Q4 2017 2018-03-08 C+

How the model reasoned

ATI · Q1 2018 → YESThe question is about whether management describes a meaningful share of the company's current business growth arriving without the company having to persuade the buyer, from parties with direct prior...YES Management describes a meaningful share of current growth coming from parties with direct prior experience—Boeing and Airbus exercising their supply chain after assessing geopolitical risks, plus customers awarding forgings based on 2017 actions and continuing to do so in 2018—while treating this as still early, with most of the contribution 2019–2020 and beyond as the multi-year production expansion unfolds.
LTRX · Q3 2024 → YESThe question is: Does management describe that a MEANINGFUL SHARE OF THE COMPANY'S CURRENT BUSINESS GROWTH is arriving WITHOUT THE COMPANY HAVING TO PERSUADE THE BUYER — demand generated by parties wi...
DASH · Q3 2023 → YESThe question is: Does management describe that a MEANINGFUL SHARE OF THE COMPANY'S CURRENT BUSINESS GROWTH is arriving WITHOUT THE COMPANY HAVING TO PERSUADE THE BUYER — demand generated by parties wi...

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Not investment advice. Artul.ai publishes AI-generated earnings-call quality grades and expected-volatility estimates — never buy or sell recommendations. We tested over 1,600 predictive hypotheses against 165,000 transcripts; the honest result, including what failed, is documented in our methodology.