The Vegas Golden Knights (14-6-2) take on the Colorado Avalanche (12-10-0) Wednesday. Puck drop from Ball Arena is set for 10 p.m. ET (TNT). Let's analyze BetMGM Sportsbook's NHL odds around the Golden Knights vs. Avalanche odds and make our expert NHL picks and predictions . Season series: Golden Knights lead 1-0 The Knights won their third in a row with a 5-4 shootout victory in Philadelphia Monday. C Jack Eichel netted his 8th goal of the season, and C Ivan Barbashev scored his 10th in the victory. Eichel has a point in 9 of 10 games. The Knights were 3-1 on the road trip, only losing the opener. Already without RW Mark Stone , the Knights could be without a couple of their best defensemen with Alex Pietrangelo and Zach Whitecloud questionable with upper-body ailments. The Avs ended a 3-game winning streak by an 8-2 landslide in Tampa Monday. The only player to score was 22-year-old C Ivan Ivan , and much like his name, he likes things in twos as he scored both goals. C Nathan MacKinnon has just 2 points in the last 5 games. Stream the NHL all season on ESPN+ , with your team's out-of-market games, exclusive games, originals and more. Get ESPN+ now! Golden Knights at Avalanche odds Provided by BetMGM Sportsbook; access USA TODAY Sports Scores and Sports Betting Odds hub for a full list of NHL odds. Lines last updated at 5:20 p.m. ET. Golden Knights at Avalanche projected goalies Adin Hill (9-4-1, 2.99 GAA, .887 SV%, 1 SO) vs. Alexandar Georgiev (6-5-0, 3.49 GAA, .871 SV%) Hill has been solid, but unspectacular this season. He has allowed exactly 2 goals in 4 straight starts, and he's 3-1-0 in those. He allowed 2 goals on just 17 shots against the Montreal Canadiens Saturday in a 6-2 win. He was 2-0-0 with a 1.48 GAA and .954 SV% against the Avs last season. Georgiev was OK in 2 wins since coming off IR last week. He stopped 28 of 29 he saw against Washington Thursday and 27 of 31 he saw against Florida Saturday. He was thrust into relief duty Monday, allowing 3 goals on 17 shots in the 8-2 laugher. He was 1-1-1 with a 3.64 GAA and .876 SV% in 3 starts against VGK a season ago. Golden Knights at Avalanche picks and predictions Prediction Avalanche 3, Golden Knights 2 Moneyline I really want to lean toward Vegas (+140) here, but the banged-up defensemen moves the needle to Colorado (-165). The Avs' ML is out of my price range for the lackluster goaltending they've received all season. One player that is not banged up for Vegas is D Noah Hanifin . He had 3 shots on goal in the last game and has a 3-game point streak. Take NOAH HANIFIN OVER 0.5 POINTS (+160) for a sizeable payout. Puck line/Against the spread I like the GOLDEN KNIGHTS +1.5 (- 165 ) more than I do the Avs ML at the same price. The Avs have scored just 3 empty-net goals this season, and with my feeling that Vegas could take this one outright, this seems like a good wager. Over/Under We're going UNDER 6.5 (+ 100 ) because it's going to have to be an Under game for Colorado to stay in it. Vegas' defensemen are huge oak trees, and the Avs have scored more than 3 against VGK once in the last 10 meetings. TAKE UNDER 6.5 (+ 100 ). Play our free daily Pick’em Challenge and win! Play now ! For more sports betting picks and tips , check out SportsbookWire.com and BetFTW . Follow Ryan Dodson on Twitter/X . Follow SportsbookWire on Twitter/X and like us on Facebook . More NHL Picks and Predictions! Toronto Maple Leafs at Florida Panthers odds, picks and predictions Washington Capitals at Tampa Bay Lightning odds, picks and predictions Vancouver Canucks at Boston Bruins odds, picks and predictions
By REBECCA SANTANA WASHINGTON (AP) — President-elect Donald Trump has promised to end birthright citizenship as soon as he gets into office to make good on campaign promises aiming to restrict immigration and redefining what it means to be American. But any efforts to halt the policy would face steep legal hurdles. Birthright citizenship means anyone born in the United States automatically becomes an American citizen. It’s been in place for decades and applies to children born to someone in the country illegally or in the U.S. on a tourist or student visa who plans to return to their home country. It’s not the practice of every country, and Trump and his supporters have argued that the system is being abused and that there should be tougher standards for becoming an American citizen. But others say this is a right enshrined in the 14th Amendment to the Constitution, it would be extremely difficult to overturn and even if it’s possible, it’s a bad idea. Here’s a look at birthright citizenship, what Trump has said about it and the prospects for ending it: During an interview Sunday on NBC’s “Meet the Press” Trump said he “absolutely” planned to halt birthright citizenship once in office. “We’re going to end that because it’s ridiculous,” he said. Trump and other opponents of birthright citizenship have argued that it creates an incentive for people to come to the U.S. illegally or take part in “birth tourism,” in which pregnant women enter the U.S. specifically to give birth so their children can have citizenship before returning to their home countries. “Simply crossing the border and having a child should not entitle anyone to citizenship,” said Eric Ruark, director of research for NumbersUSA, which argues for reducing immigration. The organization supports changes that would require at least one parent to be a permanent legal resident or a U.S. citizen for their children to automatically get citizenship. Others have argued that ending birthright citizenship would profoundly damage the country. “One of our big benefits is that people born here are citizens, are not an illegal underclass. There’s better assimilation and integration of immigrants and their children because of birthright citizenship,” said Alex Nowrasteh, vice president for economic and social policy studies at the pro-immigration Cato Institute. In 2019, the Migration Policy Institute estimated that 5.5 million children under age 18 lived with at least one parent in the country illegally in 2019, representing 7% of the U.S. child population. The vast majority of those children were U.S. citizens. The nonpartisan think tank said during Trump’s campaign for president in 2015 that the number of people in the country illegally would “balloon” if birthright citizenship were repealed, creating “a self-perpetuating class that would be excluded from social membership for generations.” In the aftermath of the Civil War, Congress ratified the 14th Amendment in July 1868. That amendment assured citizenship for all, including Black people. “All persons born or naturalized in the United States and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside,” the 14th Amendment says. “No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States.” But the 14th Amendment didn’t always translate to everyone being afforded birthright citizenship. For example, it wasn’t until 1924 that Congress finally granted citizenship to all Native Americans born in the U.S. A key case in the history of birthright citizenship came in 1898, when the U.S. Supreme Court ruled that Wong Kim Ark, born in San Francisco to Chinese immigrants, was a U.S. citizen because he was born in the states. The federal government had tried to deny him reentry into the county after a trip abroad on grounds he wasn’t a citizen under the Chinese Exclusion Act. But some have argued that the 1898 case clearly applied to children born of parents who are both legal immigrants to America but that it’s less clear whether it applies to children born to parents without legal status or, for example, who come for a short-term like a tourist visa. “That is the leading case on this. In fact, it’s the only case on this,” said Andrew Arthur, a fellow at the Center for Immigration Studies, which supports immigration restrictions. “It’s a lot more of an open legal question than most people think.” Some proponents of immigration restrictions have argued the words “subject to the jurisdiction thereof” in the 14th Amendment allows the U.S. to deny citizenship to babies born to those in the country illegally. Trump himself used that language in his 2023 announcement that he would aim to end birthright citizenship if reelected. Trump wasn’t clear in his Sunday interview how he aims to end birthright citizenship. Asked how he could get around the 14th Amendment with an executive action, Trump said: “Well, we’re going to have to get it changed. We’ll maybe have to go back to the people. But we have to end it.” Pressed further on whether he’d use an executive order, Trump said “if we can, through executive action.” He gave a lot more details in a 2023 post on his campaign website . In it, he said he would issue an executive order the first day of his presidency, making it clear that federal agencies “require that at least one parent be a U.S. citizen or lawful permanent resident for their future children to become automatic U.S. citizens.” Related Articles National Politics | In promising to shake up Washington, Trump is in a class of his own National Politics | Election Day has long passed. In some states, legislatures are working to undermine the results National Politics | Trump taps his attorney Alina Habba to serve as counselor to the president National Politics | With Trump on the way, advocates look to states to pick up medical debt fight National Politics | Trump taps forceful ally of hard-line immigration policies to head Customs and Border Protection Trump wrote that the executive order would make clear that children of people in the U.S. illegally “should not be issued passports, Social Security numbers, or be eligible for certain taxpayer funded welfare benefits.” This would almost certainly end up in litigation. Nowrasteh from the Cato Institute said the law is clear that birthright citizenship can’t be ended by executive order but that Trump may be inclined to take a shot anyway through the courts. “I don’t take his statements very seriously. He has been saying things like this for almost a decade,” Nowrasteh said. “He didn’t do anything to further this agenda when he was president before. The law and judges are near uniformly opposed to his legal theory that the children of illegal immigrants born in the United States are not citizens.” Trump could steer Congress to pass a law to end birthright citizenship but would still face a legal challenge that it violates the Constitution. Associated Press reporter Elliot Spagat in San Diego contributed to this report.By REBECCA SANTANA WASHINGTON (AP) — President-elect Donald Trump has promised to end birthright citizenship as soon as he gets into office to make good on campaign promises aiming to restrict immigration and redefining what it means to be American. But any efforts to halt the policy would face steep legal hurdles. Birthright citizenship means anyone born in the United States automatically becomes an American citizen. It’s been in place for decades and applies to children born to someone in the country illegally or in the U.S. on a tourist or student visa who plans to return to their home country. It’s not the practice of every country, and Trump and his supporters have argued that the system is being abused and that there should be tougher standards for becoming an American citizen. But others say this is a right enshrined in the 14th Amendment to the Constitution, it would be extremely difficult to overturn and even if it’s possible, it’s a bad idea. Here’s a look at birthright citizenship, what Trump has said about it and the prospects for ending it: During an interview Sunday on NBC’s “Meet the Press” Trump said he “absolutely” planned to halt birthright citizenship once in office. “We’re going to end that because it’s ridiculous,” he said. Trump and other opponents of birthright citizenship have argued that it creates an incentive for people to come to the U.S. illegally or take part in “birth tourism,” in which pregnant women enter the U.S. specifically to give birth so their children can have citizenship before returning to their home countries. “Simply crossing the border and having a child should not entitle anyone to citizenship,” said Eric Ruark, director of research for NumbersUSA, which argues for reducing immigration. The organization supports changes that would require at least one parent to be a permanent legal resident or a U.S. citizen for their children to automatically get citizenship. Others have argued that ending birthright citizenship would profoundly damage the country. “One of our big benefits is that people born here are citizens, are not an illegal underclass. There’s better assimilation and integration of immigrants and their children because of birthright citizenship,” said Alex Nowrasteh, vice president for economic and social policy studies at the pro-immigration Cato Institute. In 2019, the Migration Policy Institute estimated that 5.5 million children under age 18 lived with at least one parent in the country illegally in 2019, representing 7% of the U.S. child population. The vast majority of those children were U.S. citizens. The nonpartisan think tank said during Trump’s campaign for president in 2015 that the number of people in the country illegally would “balloon” if birthright citizenship were repealed, creating “a self-perpetuating class that would be excluded from social membership for generations.” In the aftermath of the Civil War, Congress ratified the 14th Amendment in July 1868. That amendment assured citizenship for all, including Black people. “All persons born or naturalized in the United States and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside,” the 14th Amendment says. “No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States.” But the 14th Amendment didn’t always translate to everyone being afforded birthright citizenship. For example, it wasn’t until 1924 that Congress finally granted citizenship to all Native Americans born in the U.S. A key case in the history of birthright citizenship came in 1898, when the U.S. Supreme Court ruled that Wong Kim Ark, born in San Francisco to Chinese immigrants, was a U.S. citizen because he was born in the states. The federal government had tried to deny him reentry into the county after a trip abroad on grounds he wasn’t a citizen under the Chinese Exclusion Act. But some have argued that the 1898 case clearly applied to children born of parents who are both legal immigrants to America but that it’s less clear whether it applies to children born to parents without legal status or, for example, who come for a short-term like a tourist visa. “That is the leading case on this. In fact, it’s the only case on this,” said Andrew Arthur, a fellow at the Center for Immigration Studies, which supports immigration restrictions. “It’s a lot more of an open legal question than most people think.” Some proponents of immigration restrictions have argued the words “subject to the jurisdiction thereof” in the 14th Amendment allows the U.S. to deny citizenship to babies born to those in the country illegally. Trump himself used that language in his 2023 announcement that he would aim to end birthright citizenship if reelected. Trump wasn’t clear in his Sunday interview how he aims to end birthright citizenship. Asked how he could get around the 14th Amendment with an executive action, Trump said: “Well, we’re going to have to get it changed. We’ll maybe have to go back to the people. But we have to end it.” Pressed further on whether he’d use an executive order, Trump said “if we can, through executive action.” He gave a lot more details in a 2023 post on his campaign website . In it, he said he would issue an executive order the first day of his presidency, making it clear that federal agencies “require that at least one parent be a U.S. citizen or lawful permanent resident for their future children to become automatic U.S. citizens.” Related Articles National Politics | Trump has flip-flopped on abortion policy. His appointees may offer clues to what happens next National Politics | In promising to shake up Washington, Trump is in a class of his own National Politics | Election Day has long passed. In some states, legislatures are working to undermine the results National Politics | Trump taps his attorney Alina Habba to serve as counselor to the president National Politics | With Trump on the way, advocates look to states to pick up medical debt fight Trump wrote that the executive order would make clear that children of people in the U.S. illegally “should not be issued passports, Social Security numbers, or be eligible for certain taxpayer funded welfare benefits.” This would almost certainly end up in litigation. Nowrasteh from the Cato Institute said the law is clear that birthright citizenship can’t be ended by executive order but that Trump may be inclined to take a shot anyway through the courts. “I don’t take his statements very seriously. He has been saying things like this for almost a decade,” Nowrasteh said. “He didn’t do anything to further this agenda when he was president before. The law and judges are near uniformly opposed to his legal theory that the children of illegal immigrants born in the United States are not citizens.” Trump could steer Congress to pass a law to end birthright citizenship but would still face a legal challenge that it violates the Constitution. Associated Press reporter Elliot Spagat in San Diego contributed to this report.
Incoming has in the , appointing longtime aide Hayley Harrison to be her chief of staff. In a statement, Trump’s office said Harrison “has maintained an integral role and exceptional leadership on the First and as Chief of Staff, Mrs. Harrison will oversee and manage the East Wing’s team while strategically liaising with other parts of government,” the office added. Trump is reportedly not planning on living full-time in Washington, D.C. during her second stint in the White House, but she’s set to still have a platform and highlight issues important to her, noted. Compared to her predecessors, Trump had a small East Wing team during her first term as first lady with about a dozen members of staff. In a recent Fox News appearance, she said she’s “not anxious because this time is different. I have much more experience and much more knowledge.” “I was in the White House before. When you go in, you know exactly what to expect,” she added. “You know what kind of people to get – that they are on your team, that they have the same vision as me and to serve me because they serve the country,” Trump said. that Harrison was named in the indictment against President-elect Donald Trump for his alleged mishandling of classified documents. Harrison was known as Trump Aide 1 in the case and she texted another staffer about moving the files out of the Mar-a-Lago business center to create space for the staff. “There is still a little room in the shower where his other stuff is,” Harrison is alleged to have written to another aide. Special Counsel Jack Smith looks set to close down the investigation before the president-elect is inaugurated. The former first lady’s previous chief of staff, Stephanie Grisham, backed Vice President Kamala Harris for president and spoke at the Democratic National Convention this summer. “I never thought I’d be speaking at a Democratic convention,” Grisham said in a statement back in August. “But, after seeing firsthand who Donald Trump really is, and the threat he poses to our country, I feel very strongly about speaking out.” During her remarks to the convention, Grisham said the president-elect “mocks” his own voters, referring to them as “basement dwellers.” He has “no empathy, no morals, and no fidelity to the truth,” she argued at the time. “I love my country more than my party,” the former White House press secretary said. “Kamala Harris tells the truth. She respects the American people and she has my vote.”Analysis: Protecting QBs from violent late hits like the one that leveled Trevor Lawrence isn't easy
Q2 GAAP Earnings per Share up 24% to , Non-GAAP Earnings per Share up 10% to Q2 Total Revenue , up 9% in both USD and constant currency Q2 Total Remaining Performance Obligations , up 49% in USD & 50% in constant currency Q2 Cloud Revenue (IaaS plus SaaS) , up 24% in both USD and constant currency Q2 Cloud Infrastructure (IaaS) Revenue , up 52% in both USD and constant currency Q2 Cloud Application (SaaS) Revenue , up 10% in both USD and constant currency Q2 Fusion Cloud ERP (SaaS) Revenue , up 18% in both USD and constant currency Q2 NetSuite Cloud ERP (SaaS) Revenue , up 20% in USD and 19% in constant currency , /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2025 Q2 results. Total quarterly revenues were up 9% year-over-year, in both USD and constant currency, to . Cloud services and license support revenues were up 12% year-over-year, in both USD and constant currency, to . Cloud license and on-premise license revenues were up 1% in USD and up 3% in constant currency, to . Q2 GAAP operating income was . Non-GAAP operating income was , up 10% in both USD and constant currency. GAAP operating margin was 30%, and non-GAAP operating margin was 43%. GAAP net income was . Non-GAAP net income was , up 12% in both USD and constant currency. Q2 GAAP earnings per share was , up 24% in USD and up 23% in constant currency, while non-GAAP earnings per share was , up 10% in both USD and constant currency. Short-term deferred revenues were . Over the last twelve months, operating cash flow was and free cash flow was . "Record level AI demand drove Oracle Cloud Infrastructure revenue up 52% in Q2, a much higher growth rate than any of our hyperscale cloud infrastructure competitors," said Oracle CEO, . "Growth in the AI segment of our Infrastructure business was extraordinary—GPU consumption was up 336% in the quarter—and we delivered the world's largest and fastest AI SuperComputer scaling up to 65,000 NVIDIA H200 GPUs. With our remaining performance obligation (RPO) up 50% to , we believe our already impressive growth rates will continue to climb even higher. This fiscal year, total Oracle Cloud revenue should top ." "Oracle Cloud Infrastructure trains several of the world's most important generative AI models because we are faster and less expensive than other clouds," said Oracle Chairman and CTO, . "And we just signed an agreement with Meta—for them to use Oracle's AI Cloud Infrastructure—and collaborate with Oracle on the development of AI Agents based on Meta's Llama models. The Oracle Cloud trains dozens of specialized AI models and embeds hundreds of AI Agents in cloud applications. For example, Oracle's AI Agents automate drug design, image and genomic analysis for cancer diagnostics, audio updates to electronic health records for patient care, satellite image analysis to predict and improve agricultural output, fraud and money laundering detection, dual-factor biometric computer logins, and real time video weapons detection in schools. Oracle trained AI models and AI Agents will improve the rate of scientific discovery, economic development and corporate growth throughout the world. The scale of the opportunity is unimaginable." The board of directors declared a quarterly cash dividend of per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on , with a payment date of . A sample list of customers which purchased Oracle Cloud services during the quarter will be available at . A list of recent technical innovations and announcements is available at . To learn what industry analysts have been saying about Oracle's products and services see . Oracle will hold a conference call and webcast today to discuss these results at Central. A live and replay webcast will be available on the Oracle Investor Relations website at . Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at . Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. Statements in this press release relating to future plans, expectations, beliefs, intentions and prospects, including the expectations for converting the Remaining Performance Obligations to revenue, future total Oracle Cloud revenue this fiscal year and the scale of opportunity for Oracle trained AI models and AI Agents, are "forward-looking statements" and are subject to material risks and uncertainties. Risks and uncertainties that could affect our current expectations and our actual results, include, among others: our ability to develop new products and services, integrate acquired products and services and enhance our existing products and services, including our AI products; our management of complex cloud and hardware offerings, including the sourcing of technologies and technology components; our ability to secure data center capacity; significant coding, manufacturing or configuration errors in our offerings; risks associated with acquisitions; economic, political and market conditions; information technology system failures, privacy and data security concerns; cybersecurity breaches; unfavorable legal proceedings, government investigations, and complex and changing laws and regulations. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or by contacting Oracle's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on the Oracle Investor Relations website at . All information set forth in this press release is current as of . Oracle undertakes no duty to update any statement in light of new information or future events.NEW YORK--(BUSINESS WIRE)--Dec 9, 2024-- Yext, Inc. (NYSE: YEXT), the leading digital presence platform for multi-location brands, today announced its results for the three months ended October 31, 2024, or the Company's third quarter of fiscal year 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241209740722/en/ (Graphic: Yext) For more detailed information on the Company's operating and financial results for the third quarter fiscal 2025, as well as the Company's outlook for its fourth quarter and fiscal year 2025, please reference the Letter to Shareholders on its Investor Relations website at investors.yext.com . “Our fiscal third quarter results demonstrate our continued ability to drive operating efficiencies, make significant margin improvements and generate bottom-line growth,” said Mike Walrath, Yext Chairman and CEO. “We are pleased with our progress in integrating Hearsay Systems and have rolled out enhanced social capabilities to our combined customer base. We are seeing increased interest in our platform in a rapidly evolving environment where fragmented search and generative AI are increasingly top of mind, and we remain confident that our overall top-line growth will accelerate over the long term as we help our customers navigate the complexity of this environment.” Readers are encouraged to review the tables labeled "Reconciliation of GAAP to Non-GAAP Financial Measures" at the end of this release. Conference Call Information Yext will host a conference call today at 5:00 P.M. Eastern Time (2:00 P.M. Pacific Time) to discuss its financial results with the investment community. A live webcast of the call will be available on the Yext Investor Relations website at http://investors.yext.com . To participate in the live call by phone, the dial-in is available domestically at (877) 883-0383 and internationally at (412) 902-6506, passcode 1137113. A replay will be available domestically at (877) 344-7529 or internationally at (412) 317-0088, passcode 8655569, until midnight (ET) December 16, 2024. About Yext Yext (NYSE: YEXT) is the leading digital presence platform for multi-location brands, with thousands of customers worldwide. With one central platform, brands can seamlessly deliver consistent, accurate, and engaging experiences and meaningfully connect with customers anywhere in the digital world. Yext’s AI and machine learning technology powers the knowledge behind every customer engagement, automates workflows at scale, and delivers actionable cross-channel insights that enable data-driven decisions. From SEO and websites to social media and reputation management, Yext enables brands to turn their digital presence into a differentiator. Statement Regarding Forward-Looking Information This release and the related shareholder letter and conference call include forward-looking statements including, but not limited to, statements regarding our revenue, non-GAAP net income (loss), shares outstanding and Adjusted EBITDA for our fourth quarter and full year fiscal 2025 and general expectations beyond that fiscal year; statements regarding the expected effects of our acquisition and integration of Hearsay Social, Inc. ("Hearsay"); and statements regarding our expectations regarding the growth of our company, our market opportunity, product roadmap, sales efficiency efforts, cost saving actions, and our industry as well as the same for our acquisition and integration of Hearsay. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "intend," "potential," "might," "would," "continue," or the negative of these terms or other comparable terminology. Actual events or results may differ from those expressed in these forward-looking statements, and these differences may be material and adverse. We have based the forward-looking statements contained in this release and discussed on the call primarily on our current expectations and projections about future events and trends that we believe may affect our business, financial condition, results of operations, strategy, short- and long-term business operations, prospects, business strategy and financial needs. Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including, but not limited to, our ability to renew and expand subscriptions with existing customers, especially enterprise customers, and attract new customers generally; our ability to successfully expand and compete in new geographies and industry verticals; our ability to integrate Hearsay's business with ours; our ability to retain personnel necessary for the success of our acquisition and integration of Hearsay; the quality of our sales pipeline and our ability to convert leads; our ability to expand and scale our sales force; our ability to expand our service and application provider network; our ability to develop or acquire new product and platform offerings to expand our market opportunity; our ability to release new products and updates that are adopted by our customers; our ability to manage our growth effectively; weakened or changing global economic conditions, downturns, or uncertainty, including higher inflation, higher interest rates, and fluctuations or volatility in capital markets or foreign currency exchange rates; the number of options exercised by our employees and former employees; and the accuracy of the assumptions and estimates underlying our financial projections. Moreover, we operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this release. We cannot assure you that the results, events and circumstances reflected in the forward-looking statements will be achieved or occur, and actual results, events or circumstances could differ materially from those described in the forward-looking statements. All written and oral forward-looking statements attributable to us, or persons acting on our behalf, are expressly qualified in their entirety by these cautionary statements as well as other cautionary statements that are made from time to time in our SEC filings and public communications, including, without limitation, in the sections titled, “Special Note Regarding Forward Looking Statements” and “Risk Factors” in our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, which are available at http://investors.yext.com and on the SEC's website at https://www.sec.gov . The forward-looking statements made in this release relate only to events as of the date on which such statements are made. We undertake no obligation to update any forward-looking statements after the date hereof or to conform such statements to actual results or revised expectations, except as required by law. Non-GAAP Measurements In addition to disclosing financial measures prepared in accordance with U.S. generally accepted accounting principles ("GAAP"), this release and the accompanying tables include non-GAAP net income (loss), non-GAAP net income (loss) per share, and non-GAAP net income (loss) as a percentage of revenue, which are referred to as non-GAAP financial measures. These non-GAAP financial measures are not calculated in accordance with GAAP as they have been adjusted to exclude the effects of stock-based compensation expenses, acquisition-related costs, and amortization of acquired intangibles. Acquisition-related costs include transaction and related costs, subsequent fair value movements in contingent consideration, and compensation arrangements. Non-GAAP net income (loss) as a percentage of revenue is calculated by dividing the applicable non-GAAP financial measure by revenue. Non-GAAP net income (loss) per share is defined as non-GAAP net income (loss) on a per share basis. We define non-GAAP net income (loss) per share, basic, as non-GAAP net income (loss) divided by weighted average shares outstanding and non-GAAP net income (loss) per share, diluted, as non-GAAP net income (loss) divided by weighted average diluted shares outstanding, which includes the potentially dilutive effect of the company’s employee equity incentive awards. In addition, beginning in fiscal 2025, we are utilizing a projected tax rate of 25% in our computation of the non-GAAP income tax provision. Our estimated tax rate on non-GAAP income is determined annually and may be adjusted during the year to take into account events or trends that we believe materially impact the estimated annual rate including, but not limited to, significant changes resulting from tax legislation, material changes in the geographic mix of revenue and expenses and other significant events. Our estimated tax rate on non-GAAP income may differ from our GAAP tax rate and from our actual tax liabilities. We believe these non-GAAP financial measures provide investors and other users of our financial information consistency and comparability with our past financial performance and facilitate period-to-period comparisons of our results of operations. With respect to non-GAAP net income (loss) as a percentage of revenue, we believe this non-GAAP financial measure is useful in evaluating our profitability relative to the amount of revenue generated, excluding the impact of stock-based compensation expense, acquisition-related costs, and amortization of acquired intangibles. We also believe non-GAAP financial measures are useful in evaluating our operating performance compared to that of other companies in our industry, as these metrics eliminate the effects of stock-based compensation and certain acquisition-related costs, which may vary for reasons unrelated to overall operating performance. We also discuss Adjusted EBITDA and Adjusted EBITDA margin, non-GAAP financial measures that we believe offer a useful view of overall operations used to assess the performance of core business operations and for planning purposes. We define Adjusted EBITDA as GAAP net income (loss) before (1) interest income (expense), net, (2) benefit from (provision for) income taxes, (3) depreciation and amortization, (4) other income (expense), net, (5) stock-based compensation expense, and (6) acquisition-related costs. The most directly comparable GAAP financial measure to Adjusted EBITDA is GAAP net income (loss). Users should consider the limitations of using Adjusted EBITDA, including the fact that this measure does not provide a complete measure of our operating performance. Adjusted EBITDA is not intended to purport to be an alternate to GAAP net income (loss) as a measure of operating performance. Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by revenue. Beginning with the three months ended July 31, 2024, we revised our definitions of Non-GAAP net income (loss) and Adjusted EBITDA to adjust for the effects of certain acquisition-related costs prompted by our recent acquisition of Hearsay. We believe these changes provide investors with a view of continuing core operations without the effects of unusual activity specific to acquisition-related accounting. These adjustments do not omit or adjust for the inclusion of ongoing operations of acquisitions. We have recast our results on the same basis for the prior comparative periods presented, although the effects in those periods remain unchanged, as no such acquisition-related activity had occurred. We use these non-GAAP financial measures in conjunction with traditional GAAP measures as part of our overall assessment of our performance, including the preparation of our annual operating budget and quarterly forecasts, and to evaluate the effectiveness of our business strategies. Our definition may differ from the definitions used by other companies and therefore comparability may be limited. In addition, other companies may not publish these or similar metrics. Thus, our non-GAAP financial measures should be considered in addition to, not as a substitute for, nor superior to or in isolation from, measures prepared in accordance with GAAP. These non-GAAP financial measures may be limited in their usefulness because they do not present the full economic effect of our use of stock-based compensation and certain acquisition-related costs. We compensate for these limitations by providing investors and other users of our financial information a reconciliation of the non-GAAP financial measure to the most closely related GAAP financial measures. However, we have not reconciled the non-GAAP guidance measures (i.e.,"Financial Outlook") to their corresponding GAAP measures because certain reconciling items such as stock-based compensation, certain acquisition-related costs, and the corresponding provision for income taxes depend on factors such as the stock price at the time of award of future grants, and certain purchase accounting adjustments including subsequent measurements, among others, and thus cannot be reasonably predicted. Accordingly, reconciliations to the non-GAAP guidance measures is not available without unreasonable effort. We encourage investors and others to review our financial information in its entirety, not to rely on any single financial measure and to view non-GAAP net income (loss) and non-GAAP net income (loss) per share in conjunction with GAAP net income (loss) and net income (loss) per share. We have not reconciled our forward-looking Adjusted EBITDA to its most directly comparable GAAP financial measure of net income (loss). Information on which this reconciliation would be based on is not available without unreasonable efforts due to the uncertainty and inherent difficulty of predicting within a reasonable range, the timing, occurrence and financial impact of when such items may be recognized. In particular, Adjusted EBITDA excludes certain items including interest income (expense), net, provision for income taxes, depreciation and amortization, other income (expense), net, stock-based compensation expense, and acquisition-related costs. Operating Metrics This release also includes certain operating metrics that we believe are useful in providing additional information in assessing the overall performance of our business. Annual recurring revenue, or ARR, for Direct customers is defined as the annualized recurring amount of all contracts in our enterprise, mid-size and small business customer base as of the last day of the reporting period. The recurring amount of a contract is determined based upon the terms of a contract and is calculated by dividing the amount of a contract by the term of the contract and then annualizing such amount. The calculation assumes no subsequent changes to the existing subscription. Contracts include portions of professional services contracts that are recurring in nature. ARR for Third-party Reseller customers is defined as the annualized recurring amount of all contracts with Third-party Reseller customers as of the last day of the reporting period. The recurring amount of a contract is determined based upon the terms of a contract and is calculated by dividing the amount of a contract by the term of the contract and then annualizing such amount. The calculation assumes no subsequent changes to the existing subscription. The calculation includes the annualized contractual minimum commitment and excludes amounts related to overages above the contractual minimum commitment. Contracts include portions of professional services contracts that are recurring in nature. Total ARR is defined as the annualized recurring amount of all contracts executed as of the last day of the reporting period. The recurring amount of a contract is determined based upon the terms of a contract and is calculated by dividing the amount of a contract by the term of the contract and then annualizing such amount. The calculation assumes no subsequent changes to the existing subscription, and where relevant, includes the annualized contractual minimum commitment and excludes amounts related to overages above the contractual minimum commitment. Contracts include portions of professional services contracts that are recurring in nature. ARR is independent of historical revenue, unearned revenue, remaining performance obligations or any other GAAP financial measure over any period. It should be considered in addition to, not as a substitute for, nor superior to or in isolation from, these measures and other measures prepared in accordance with GAAP. We believe ARR-based metrics provides insight into the performance of our recurring revenue business model while mitigating fluctuations in billing and contract terms. Dollar-based net retention rate is a metric we use to assess our ability to retain our customers and expand the ARR they generate for us. We calculate dollar-based net retention rate by first determining the ARR generated 12 months prior to the end of the current period for a cohort of customers who had active contracts at that time. We then calculate ARR from the same cohort of customers at the end of the current period, which includes customer expansion, contraction and churn. The current period ARR is then divided by the prior period ARR to arrive at our dollar-based net retention rate. Any ARR obtained through merger and acquisition transactions does not affect the dollar-based net retention rate until one year from the date on which the transaction closed. The cohorts of customers that we present dollar-based net retention rate for include direct, third-party reseller, and total customers. Direct customers include enterprise, mid-size and small business customers. Supplemental reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheets: View source version on businesswire.com : https://www.businesswire.com/news/home/20241209740722/en/ CONTACT: Investor Relations: IR@yext.comPublic Relations: PR@yext.com KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY MARKETING ADVERTISING COMMUNICATIONS SOFTWARE INTERNET DIGITAL MARKETING SEARCH ENGINE OPTIMIZATION SEARCH ENGINE MARKETING ARTIFICIAL INTELLIGENCE SOURCE: Yext, Inc. Copyright Business Wire 2024. PUB: 12/09/2024 04:05 PM/DISC: 12/09/2024 04:05 PM http://www.businesswire.com/news/home/20241209740722/en
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The poor run of the BJP continued in Jharkhand in the second consecutive assembly elections, with the party's fortune dwindling in a state where it was hoping for a saffron surge. Assembly Election Results Live Updates Maharashtra Election Results Jharkhand Election Results Bypoll Election Results Like in Maharashtra, the BJP made an early deployment of leaders, including union minister Shivraj Singh Chouhan and Assam chief minister Himanta Biswa Sarma in the state to manage its poll preparations. It also got some senior leaders from the Jharkhand Mukti Morcha switching sides to the BJP. But the tribes-dominated state ensured a further decline for the party compared with 2019 when it had won 25 seats on its own. In the latest election, the BJP could win only 21 seats, while three allies won a seat each, taking the NDA tally to 24 in the 81-member assembly. The JMM-led India alliance won 56 seats, retaining power. Absence of a credible local face in the party once again came haunting for the BJP, as it couldn't project a leader who has a statewide mass appeal against JMM's Hemant Soren. The leader of opposition in the state, Amar Kumar Bauri, lost his election. The party had to bargain hard to manage rebels to ensure the victory for state BJP president Babulal Marandi. Just ahead of elections, the BJP poached several big tribal leaders from the JMM and Congress, including former CM Champai Soren, Geeta Koda, Sita Soren and Lobin Hembrum, to attract tribal votes. However, barring Champai Soren, no other BJP candidate could win in any of the 28 ST-reserved seats. Also, Champai Soren was the only leader who crossed over to the BJP and won. On the other hand, senior BJP leader Louis Marandi who had joined the JMM won from Jama. 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View Program Finance Startup Fundraising: Essential Tactics for Securing Capital By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Web Development Django & PostgreSQL Mastery: Build Professional Web Applications By - Metla Sudha Sekhar, IT Specialist and Developer View Program Data Science MySQL for Beginners: Learn Data Science and Analytics Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Modern Marketing Masterclass by Seth Godin By - Seth Godin, Former dot com Business Executive and Best Selling Author View Program Web Development JavaScript Essentials: Unlock AI-Driven Insights with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Leadership Crafting a Powerful Startup Value Proposition By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance AI and Generative AI for Finance By - Hariom Tatsat, Vice President- Quantitative Analytics at Barclays View Program Finance Tally Prime & GST Accounting: Complete Guide By - CA Raj K Agrawal, Chartered Accountant View Program The party campaign was largely centred on central leadership with no state leader making an impact on the ground. Senior BJP central leaders aggressively campaigned on infiltration from Bangladesh and corruption of the Hemant Soren government. The focus of the campaign on infiltration and demographic change, in fact, diverted the party's attention from grassroot issues. The infiltration campaign didn't go well, and it led to a further consolidation of tribal and minority votes in Santhal where the issue was supposed to have some impact. Out of the 18 seats in the region, the BJP could win only one seat down from 4 in 2019. The inclusion of Champai Soren and Geeta Koda on the candidate list was done with an aim to gain a foothold in the Kolhan region where it couldn't win just one seat in 2019 out of the 14. Assembly Election Results Live Updates Maharashtra Poll Results Highlights 2024 Jharkhand Poll Results Highlights 2024 (You can now subscribe to our Economic Times WhatsApp channel )QB Josh Allen and coach Sean McDermott deserve credit in Bills latest AFC East-clinching season ORCHARD PARK, N.Y. John Wawrow, The Associated Press Dec 2, 2024 3:22 PM Dec 2, 2024 3:35 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Buffalo Bills quarterback Josh Allen, bottom right, dives toward the end zone to score past San Francisco 49ers defensive end Robert Beal Jr. (51) and linebacker Dee Winters during the second half of an NFL football game in Orchard Park, N.Y., Sunday, Dec. 1, 2024. (AP Photo/Adrian Kraus) ORCHARD PARK, N.Y. (AP) — In a season that began with many questions and lowered expectations , it was apt watching Bills quarterback Josh Allen join coach Sean McDermott lay on the cold, wet sideline to make snow angels in celebrating Buffalo’s earliest clinching of a division title in team history. That Allen took part was no surprise. The newly engaged 28-year-old has maintained the happy-go-lucky approach he brought with him to Buffalo as a raw-talented athlete in 2018, while gradually blossoming into one of the NFL’s elite quarterbacks. For McDermott, it was a pleasant surprise to see the usually reserved eight-year coach finally let his hair down — figuratively, because the few jokes he does make are usually about being bald. With his latest do-it-all three-TD outing — one rushing, one receiving and, the coup de grace, being credited with receiving his own pass for a score off a lateral from Amari Cooper — in a 35-10 win over San Francisco on Sunday night , Allen continued making his strongest NFL MVP case. What’s also becoming apparent is how much McDermott deserves consideration for coach of the year honors. Without the two, the Bills (10-2) wouldn’t be in this position in becoming just the eighth NFL team — and first since Indianapolis in 2009 — to clinch a division title with at least five games remaining in their schedule. It’s reflective of how the two have grown together in what, on the outside, could be perceived as an odd couple relationship between an offensive-minded, swashbuckling quarterback and a defensive-minded coach, too often knocked for being too conservative. Perhaps, it’s Allen’s boyish nature that has brought out the risk-taker in McDermott, who has carried over the aggressive approach he takes to defense by placing trust in his quarterback. It’s become apparent in everything the Bills have accomplished so far in having at least 10 wins through 12 games for just the fifth time in team history, and first since 1991, when Buffalo was led by eventual Hall of Famers in coach Marv Levy and quarterback Jim Kelly. Buffalo has won seven straight since consecutive losses to Baltimore and Houston. And the Bills have scored 30 or more points in six straight outings, matching the team record set in 2004. Allen is doing more with less on an offense that was supposed to be hampered following the offseason departures of receivers Stefon Diggs and Gabe Davis and center Mitch Morse. The Bills are more balanced in leaning on their running attack, while Allen has also curtailed his turnover-prone ways. He's lost two fumbles and thrown just five interceptions after being picked off a career-worst 18 times last season. Meantime, McDermott has taken a different approach to fourth down situations. The Bills have converted 13 of 15 fourth down attempts after going 9 of 16 last season and 7 of 13 in 2022. The most fourth down attempts during McDermott’s tenure came in 2021, when Buffalo converted just 11 of 22. This is but an example of the bond the quarterback and coach have built in a shared objective of overcoming past playoff failures. Clinching a division title is but one step, with the Bills now focused on catching the Kansas City Chiefs (11-1), whom they’ve beaten already , for the AFC’s top seed. In calling it the team’s next goal, McDermott went off script from his usual game-at-a-time message by noting the importance of celebrating a division-clinching win, if only for one day. “Being 50 years old and 20-plus years in this league, I’ve learned to try and enjoy the moments,” McDermott said. “And this is a moment, right?” It certainly was. What’s working Turnover differential. Buffalo’s defense forced three fumbles, including one at its goal line, while the offense didn’t commit a giveaway. The Bills upped their league-leading turnover differential entering Monday to plus-17. What needs help Run defense. Though the conditions were snowy and slick, the Bills allowed 119 yards rushing in the first half before the 49ers were forced to start passing the ball once the score became lopsided. Buffalo particularly struggled in stopping Christian McCaffrey, who had 53 yards on seven carries before leaving the game with a potential season-ending knee injury . Stock up LB Matt Milano was in on five tackles while playing 37 of 48 defensive snaps in his first outing in nearly 14 months after being sidelined by a broken right leg and torn left biceps. Stock down CB Kaiir Elam, the 2022 first-round pick was a healthy inactive for a second straight outing, and still having difficulty finding a regular role. Injuries None reported. Key number 9-0 — The Bills' home record going back to last season, marking their second-longest run in team history. Next steps Hit the road for two outings, starting with a trip to face the Los Angeles Rams on Sunday. ___ AP NFL: https://apnews.com/hub/nfl John Wawrow, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Get your daily Victoria news briefing Email Sign Up More Football (NFL) NFL Inactive Report Dec 2, 2024 3:52 PM Rams finally ran the ball well in New Orleans, and it kept them in the playoff race Dec 2, 2024 3:37 PM Justin Tucker's erratic season isn't getting any better, and it's hurting Baltimore's outlook Dec 2, 2024 3:32 PM