Our operating profit margin increased to 27.8%, including 775 basis points for operating margin expansion, primarily as a result of higher gross margin and continued lower operating expense as travel and other related costs remained below pre-pandemic levels.
Jul 22, 2021 / receipt, needs a key / Reiner Blair, CEO | earnings call 2021-07-22 | transcript 7835c11c-8272-4b1a-b087-2a16fbe4afb8 | chars 5351-5610 | segment 5
I mean, you know, we are, you know, like you said, beside the mix, you know, we are starting to, as we got into the quarter, I mean, we had pretty good fall through here in the quarter again, but You know, we are starting to see activity resume a little bit, especially late in the quarter. You know, a little bit more travel activity, a little bit more kind of people, you know, doing in-person things.
Jul 22, 2021 / receipt, needs a key / Matt, other | earnings call 2021-07-22 | transcript 7835c11c-8272-4b1a-b087-2a16fbe4afb8 | chars 33453-33856 | segment 33
And I think both Reiner and myself are inclined to want to kind of keep making those investments while recognizing that we're going to have some costs that come back as we you know, get back to the office and we start to travel again.
Jul 22, 2021 / receipt, needs a key / Reiner, other | earnings call 2021-07-22 | transcript 7835c11c-8272-4b1a-b087-2a16fbe4afb8 | chars 46972-47206 | segment 46
Our operating profit margin of 29.1% was up 1,300 basis points year over year, including more than 900 basis points of core margin expansion as a result of higher gross margins and lower operating expenses as we continued to see limited travel and other related costs.
Apr 22, 2021 / receipt, needs a key / Reiner Blair, CEO | earnings call 2021-04-22 | transcript 75e6d868-9966-45b0-adfb-0130daae3177 | chars 5690-5958 | segment 5
And as we look forward and the comps change and we continue to invest in our businesses, as well as we expect some costs to come back as we get to a more normalized travel situation, I would expect those margins to moderate a little bit.
Apr 22, 2021 / receipt, needs a key / Rainer Blair, CFO | earnings call 2021-04-22 | transcript 75e6d868-9966-45b0-adfb-0130daae3177 | chars 17999-18236 | segment 18
But in the fourth quarter, we really saw China sort of having inner country, if you will, travel, be pretty significant. They're moving, you know, they're moving around quite a bit and getting back at it.
Jan 28, 2021 / receipt, needs a key / Reiner, CEO | earnings call 2021-01-28 | transcript de81efab-9fff-4f9d-b2ad-12f8031c6b17 | chars 20105-20309 | segment 20
And then, as you mentioned, you know, the lower OPEX on less travel and trade shows, certainly a part of it.
Oct 22, 2020 / receipt, needs a key / Matt, CFO | earnings call 2020-10-22 | transcript 62f4d092-b3f5-46c2-9d9f-ac1a87844acd | chars 38835-38943 | segment 38
And the third thing is, and I think you've seen it a lot of places, you know, we just had a lot lower OPEX spend given the stay-at-home orders, right? Travel, trade sales, et cetera, was sort of much lower.
Jul 23, 2020 / receipt, needs a key / Matt, other | earnings call 2020-07-23 | transcript 9ddda6e9-82dd-4e03-8fbd-bffd05da98c4 | chars 30511-30717 | segment 30
But obviously with the restrictions on travel and being, and what would normally be very much a face-to-face environment, with a newly acquired business, particularly a new one, we've had to come up with new and different approaches to achieve the same objectives in the early going around DBS orientation and getting a business off to a great start.
Jul 23, 2020 / receipt, needs a key / Tom Glocer, CEO | earnings call 2020-07-23 | transcript 9ddda6e9-82dd-4e03-8fbd-bffd05da98c4 | chars 38984-39334 | segment 39
Obviously, we haven't even gotten face-to-face with the team yet from an operating review standpoint, given the limitations we have here on travel.
May 7, 2020 / receipt, needs a key / Matt, other | earnings call 2020-05-07 | transcript 90d8ac97-ac39-4d07-8754-84e57880a2a1 | chars 23113-23260 | segment 22
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company_statement / Sep 16, 2026 / receipt
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company_statement / Sep 16, 2026 / receipt
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company_statement / Sep 16, 2026 / receipt
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company_statement / Sep 16, 2026 / receipt
Staff Platform Operations Engineer(Snowflake)
company_statement / Sep 16, 2026 / receipt
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company_statement / Sep 16, 2026 / receipt
Senior Machine Learning & Computer Vision Engineer
company_statement / Sep 16, 2026 / receipt
Senior Machine Learning & Computer Vision Engineer
company_statement / Sep 16, 2026 / receipt
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company_statement / Sep 16, 2026 / receipt
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company_statement / Sep 16, 2026 / receipt
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company_statement / Sep 16, 2026 / receipt
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company_statement / Sep 16, 2026 / receipt
| Julie Sawyer Montgomery | President and Chief Executive Officer | - | receipt |
| Matt Gorman | CFO | - | receipt |
| Rainer Blair | CFO | - | receipt |
| Reiner Blair | CEO | - | receipt |
| Ryan Cohen | CEO | - | receipt |
| Sawyer Montgomery | President | - | receipt |
| Tom (Tom Fabiani) | CEO | - | receipt |
| Tom Glocer | CEO | - | receipt |
| Tom Joyce | CEO | - | receipt |
| 2026-10-20 08:00 ET | earnings call | scheduled | webcast / ir |
| 2026-10-21 08:00 ET | earnings call | scheduled | webcast / ir |
| 2026-08-03 | President, appointed | sec_8k |
| 2026-08-03 | President and Chief Executive Officer, appointed | sec_8k |
| 2020-05-06 | President and Chief Executive Officer, appointed | sec_8k |