Running hot in customers' hands: existing deployments are being used harder than they were sized for
The model's full reasoning — Q2 2018 call → NOWe need to determine if management describes existing customers using the product more intensively than originally planned. The transcript discusses strong job growth, demand for rental housing, and supply constraints. However, the question is about usage intensity of existing customers. In this context, the "product" is apartments, and "customers" are renters. Management discusses occupancy, rent growth, and market conditions. They mention that they are pushing rents at slightly lower occupancy to benefit 2019, and that loss to lease is higher. But is there a description of existing renters consuming more? Not really. The demand is strong, but that's about new customers or market conditions. The company is not describing existing tenants using more space or consuming more. The growth is from market rent increases and occupancy gains, not from existing customers using more. The question asks about usage intensity within existing relationships. Here, the relationship is a lease, and usage is occupancy. They are not saying existing tenants are using more. They are pushing rents, which is price increase on unchanged usage. So answer NO.
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|---|---|---|---|---|
| APYX | Apyx Medical Corporation | Q4 2023 | 2024-03-21 | C |
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| ASAN | Asana, Inc. | Q2 2022 | 2021-09-01 | B+ |
| TJX | The TJX Companies, Inc. | Q2 2021 | 2021-08-18 | C |
| WES | Western Midstream Partners, LP | Q3 2018 | 2018-10-31 | D |
| HOLX | Hologic, Inc. | Q4 2017 | 2017-11-08 | D |
| BCE | BCE Inc. | Q2 2017 | 2017-08-05 | B+ |
| CCOI | Cogent Communications Holdings, Inc. | Q2 2017 | 2017-08-03 | B |
| GEO | The GEO Group, Inc. | Q2 2016 | 2016-08-02 | B+ |
TJX · Q2 2021 → YESThe question is about whether management describes that the company's product, service, capacity, or offering — already deployed with existing customers — is being used more intensively than originall...
WES · Q3 2018 → YESThe question is about whether management describes that the company's product, service, capacity, or offering — already deployed with existing customers — is being used more intensively than originall...
BCE · Q2 2017 → YESThe question is about whether management describes that the company's product, service, capacity, or offering — already deployed with existing customers — is being used more intensively than originall...