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Relationships widening on the customers' initiative, with the numbers still catching up

Calls Tested
449
Answered YES
5
Hit Rate
1.1%
rare by design

Mitek Systems, Inc. (MITK) — this company's answers

NO on the Q4 2017 call 2017-11-07 C+
The model's full reasoning — Q4 2017 call → NO我们根据提供的财报电话会议记录来判断。问题问的是:管理层是否描述了多个现有商业关系最近变得更大(即现有客户、合作伙伴等选择扩大承诺),并且管理层是否表示这些扩大的贡献只反映了一部分,大部分还在未来。 我们需要在记录中寻找相关证据。记录中提到了多个现有关系扩大的例子吗?例如,提到Experian合作伙伴关系增长超过100%,这是现有合作伙伴关系的扩大。还提到与VASCO签署新协议,但那是新协议,可能不是扩大。还有与Avoka扩大现有关系。还有ThisisMe是新的合作伙伴。另外,提到ICAR收购,但那是收购,不是现有关系扩大。 关键点:管理层是否明确说这些扩大只贡献了部分,大部分还在未来?在记录中,关于Experian,说“我们继续看到新的身份验证胜利来自与Experian的合作,该合作在年内增长了超过100%。”这表示现有合作伙伴关系扩大了,但并没有明确说贡献还在未来。关于Avoka,说“扩大了我们与账户开设提供商Avoka的现有关系。”但也没有说未来贡献。 另外,在讨论渠道伙伴时,Jim说“我们期望在未来两到三年内看到这种杠杆作用和加速。”这暗示未来贡献,但这是关于整个渠道,不是特指某个具体扩大。 问题要求“多个现有关系”且“管理层表示这些扩大的贡献只反映了一部分”。记录中提到了Experian和Avoka的扩大,但管理层没有明确说这些扩大的贡献大部分还在未来。他们只是说增长,但可能已经反映在结果中。此外,关于Experian,说“增长超过100%”,这可能是已经发生的,没有说未来。 另外,在讨论身份验证业务时,提到“我们的SaaS交易量增长了超过100%”,但这是整体,不是特定关系。 因此,可能不符合“多个现有关系”且“贡献还在未来”的条件。管理层主要谈论的是新客户获取和整体增长,而不是现有关系扩大带来的未来贡献。 所以答案应为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 SEVERAL of the company's EXISTING commercial relationships have RECENTLY GOTTEN BIGGER — counterparties the company had already won (customers, accounts, partners, distributors, members, or programs) that have, in the recent period, chosen to take a wider or deeper commitment than they had before — AND does management convey that the reported results reflect only the early part of these widenings, with most of their contribution still ahead? Answer YES when management's own words convey BOTH halves of this one phenomenon, in whatever form fits the business: (1) MULTIPLE EXISTING RELATIONSHIPS HAVE RECENTLY WIDENED, BY THE COUNTERPARTY'S OWN CHOICE. Management recounts that more than one already-established counterparty has stepped up its commitment in the recent period — in whatever form fits the industry, such as: existing customers adding locations, sites, users, lines, units, or departments; accounts that started with one product or use now taking additional ones; partners or distributors extending the relationship into new territories, categories, or scope; early deployments being broadened by the same counterparty; repeat orders arriving meaningfully larger than the initial ones; or relationships moving from an initial phase into a bigger committed phase. The widenings must be described as real and recent — decisions the counterparties actually made, with the resulting business signed, ordered, begun, or already flowing — not hoped for, in negotiation, or merely a pipeline. The pattern should span more than one relationship rather than a single large deal, and the growth should come from the counterparties choosing to take more, not merely from price increases pushed onto the same volumes. (2) THE NUMBERS ARE STILL CATCHING UP, AND MANAGEMENT SAYS SO. Management conveys, directly or plainly in substance, that these widened commitments have contributed only partially to the results being reported — because the expansions began recently, are still ramping toward their intended level, or have most of their delivery, rollout, or volume scheduled ahead — so the just-reported numbers understate the level of business these relationships have already committed to. Management should treat this widening pattern as meaningful to where the company is heading, discussing it as part of the company's trajectory rather than as a passing detail. Answer NO if the growth discussed comes mainly from winning brand-new customers, new markets, or new logos rather than from existing relationships getting bigger. NO if only one relationship is described as widening, however large. NO if the widenings are only hoped for, proposed, in pilot with no commitment, or contingent on decisions not yet made. NO if the increase is chiefly price increases on unchanged volumes, ordinary reorders at the usual size, or routine fluctuations in order timing. NO if the widened business is already fully reflected in the reported results, with no meaningful contribution still ahead. NO if management attributes the step-ups mainly to a one-time event, catch-up, pull-forward, or temporary condition it expects to fade. NO if the pattern appears only in an analyst's question or model that management does not itself affirm. Use only the supplied transcript. Answer only YES or NO.

Companies that answered YES

TickerCompanyCallDateCall grade
DUOT Duos Technologies Group, Inc. Q4 2023 2024-04-01 F
ZVIA Zevia PBC Q1 2022 2022-05-12 B
ATI Allegheny Technologies Incorporated Q1 2018 2018-04-24 B
PTC PTC Inc. Q3 2017 2017-07-19 C+
GOGO Gogo Inc. Q1 2016 2016-05-06 C+

How the model reasoned

ATI · Q1 2018 → YESThe question is: Does management describe that SEVERAL of the company's EXISTING commercial relationships have RECENTLY GOTTEN BIGGER — counterparties the company had already won that have chosen to t...YES The transcript shows management describing multiple existing relationships (major engine OEM customers, Pratt & Whitney/UTC, Boeing, Airbus, and other aerospace/defense customers) that have recently widened commitments through production ramps, emergent demand above contractual share, and long-term agreements. It also conveys that these widenings are still ramping 2018 as an early phase of multi-year expansion, with most of the contribution ahead in 2019–2020.
GOGO · Q1 2016 → YESThe question is: Does management describe that SEVERAL of the company's EXISTING commercial relationships have RECENTLY GOTTEN BIGGER — counterparties the company had already won that have chosen to t...YES The transcript shows management describing multiple existing relationships that recently widened: Delta increased its commitment to more than 600 2Ku aircraft (bringing total awarded over 1,000), and Air Canada extended its relationship to the entire wide-body international fleet. These are presented as recent decisions by established counterparties.
ZVIA · Q1 2022 → YESThe question is: Does management describe that SEVERAL of the company's EXISTING commercial relationships have RECENTLY GOTTEN BIGGER — counterparties the company had already won that have chosen to t...

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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.