Running hot in customers' hands: existing deployments are being used harder than they were sized for
The model's full reasoning — Q3 2018 call → NOWe need to determine if management describes a product/service/capacity already deployed and in use with existing customers being used more intensively than originally sized/expected, with heavier usage observable in current business. Scan transcript for relevant statements. Key areas: Mobility, video, broadband, FirstNet, 5G, Xandr. - Mobility: "Prepaid business... running red-hot" but that's about growth in subscribers, not usage intensity per customer. "Cricket... distinguish itself" - again subscriber growth. "Prepaid had its second best phone net add quarter" - new adds. No mention of existing customers using more data/minutes. - Video: "DIRECTV NOW... focusing on improving profitability; scaled back promotions" - not about usage intensity. "We've learned a lot from our nearly 2 million subscribers about price elasticity and customer behavior" - that's about churn and pricing, not usage. - Broadband: "fiber broadband base to increase by more than 1 million subscribers this year" - new subscribers. "IP broadband ARPU growth" - that's revenue per user, could be price increase or mix, not necessarily usage. No mention of data consumption per user increasing. - FirstNet: "more than 250,000 subscribers on FirstNet" - new subscribers. "network operated at 90%... normal performance" - that's about reliability, not usage intensity. - 5G: "on track to be first... introduce mobile 5G services" - future rollout, not existing usage. - Xandr: "revenues were up more than 30%... even without AppNexus, revenues up 22% with EBITDA growing" - that's advertising revenue growth, could be from higher ad rates or more inventory, but not necessarily from existing customers using more. No mention of advertisers increasing spend per existing contract. - WarnerMedia: "subscription revenues up 7%... due to higher domestic rates and subscriber gains" - price and new subs, not usage. - Any mention of "usage" or "consumption" or "data usage" or "minutes" or "traffic"? Search for "usage" - not found. "consumption" - not found. "intensity" - not found. - There is a mention of "customers exhausting" - no. - "seasonally shopping for shows" - that's about churn, not usage. - "customer behavior evolving somewhat like Wireless, with some customers seasonally shopping for shows" - that's about subscription behavior, not usage.
| Ticker | Company | Call | Date | Call grade |
|---|---|---|---|---|
| APYX | Apyx Medical Corporation | Q4 2023 | 2024-03-21 | C |
| HP | Helmerich & Payne, Inc. | Q1 2024 | 2024-01-30 | C |
| SCPH | scPharmaceuticals Inc. | Q3 2023 | 2023-11-08 | B |
| DASH | DoorDash, Inc. | Q3 2023 | 2023-11-01 | C+ |
| ADPT | Adaptive Biotechnologies Corporation | Q4 2022 | 2023-02-14 | C+ |
| UPWK | Upwork Inc. | Q2 2022 | 2022-07-27 | C+ |
| FLYW | Flywire Corporation | Q1 2022 | 2022-05-14 | B+ |
| SOPH | SOPHiA GENETICS SA | Q4 2021 | 2022-03-15 | C |
| RELY | Remitly Global, Inc. | Q4 2021 | 2022-03-02 | B |
| 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...