Only the travel and consumer vertical declined Q3 to Q4.

Feb 20, 2025 / receipt, needs a key / Jason Peterson, CFO | earnings call 2025-02-20 | transcript 9687880b-b584-40d8-92ec-f660c0378189 | chars 16422-16478 | segment 16

Traveling consumer decreased 4.4% with solid growth in travel and hospitality, offset by declines in revenues derived from consumer goods and retail customers.

Feb 15, 2024 / receipt, needs a key / Jason Peterson, CFO | earnings call 2024-02-15 | transcript b339235d-a2d9-4421-9615-3de139ddf0b8 | chars 14996-15155 | segment 15

Beginning with our industry verticals, on a year-over-year basis, travel and consumer declined 1%, primarily due to declines in retail, partially offset by solid growth in travel and hospitality.

Aug 3, 2023 / receipt, needs a key / Jason Peterson, CFO | earnings call 2023-08-03 | transcript 9e2635a5-d31c-4fdf-a2a9-d5926214b790 | chars 14121-14316 | segment 13

Beginning with our industry verticals, travel and consumer grew 16%, driven by strong growth in travel and hospitality, with some moderation in retail and consumer goods as customers exhibited incremental caution in the last few months of 2022.

Feb 16, 2023 / receipt, needs a key / Jason Peterson, CFO | earnings call 2023-02-16 | transcript 11ea5978-b223-44b2-9a90-a2821df78125 | chars 12880-13124 | segment 13

In travel and consumer, we observed an extra rebound as post-pandemic priorities once again moved to the forefront of the discretionary spent agenda.

Feb 17, 2022 / receipt, needs a key / Akati Dobkin, CEO | earnings call 2022-02-17 | transcript 05134e05-d05a-4781-8122-2cce649f852b | chars 6686-6835 | segment 6

At the same time, I think that you'll see a little bit more normalization of activities related to travel, related to in-person, and so I think you'll see a little bit higher SG&A over time.

Feb 17, 2022 / receipt, needs a key / Jason, CFO | earnings call 2022-02-17 | transcript 05134e05-d05a-4781-8122-2cce649f852b | chars 26694-26884 | segment 26

So the question, I'm sorry, the question about where we're taking people, where we're kind of bringing people from, or in what markets we're applying the capability? Especially the second one, Ark. Okay. Well, I think, like, I don't think there is in here much difference with us and with other companies playing in the market. Right now, this is pretty much crossing most of the verticals. I think consumer goods, travel, retail, definitely leading this, but it would be relevant for majority of financial services on definitely entertainment and publishing. So I think it's pretty much crossing all and healthcare and life science, all of it. Yeah, and I guess I'll answer the second question. So good morning. And, you know, from the standpoint of budgets, you know, budgets intact as we sort of exit Q4, clients are looking to invest and to continue to, you know, drive digital transformation. So right now it continues to be a market where probably supply constraint is the greater issue rather than demand. And we entered 2022 with what looks like a pretty intact demand environment.

Nov 4, 2021 / receipt, needs a key / Jason, other | earnings call 2021-11-04 | transcript 397dcbc5-571e-4808-bd11-87bf618eb7f2 | chars 23286-24375 | segment 23

You know, good to see, I guess, travel and consumer specifically, recovery here, but are you still seeing some of that depressed spending levels from from COVID?

Nov 4, 2021 / receipt, needs a key / Steve Enders, other | earnings call 2021-11-04 | transcript 397dcbc5-571e-4808-bd11-87bf618eb7f2 | chars 44518-44679 | segment 45

I don't believe we see any any of this at this stage. I think practically, and it's not only about travel and consumer, it's practically about all industries.

Nov 4, 2021 / receipt, needs a key / Arkady Dobkin, CEO | earnings call 2021-11-04 | transcript 397dcbc5-571e-4808-bd11-87bf618eb7f2 | chars 44747-44905 | segment 45

We're seeing recovery in the travel and consumer section of our portfolio.

May 6, 2021 / receipt, needs a key / Jason, other | earnings call 2021-05-06 | transcript d590a93a-2705-4438-b265-807c2d0367c7 | chars 18829-18903 | segment 19

While the lower cost base is driven by operational efficiencies we have delivered across the business, there are also temporary contributors, including reduced travel, relocations, and certain administrative expenses producing lower levels of SG&A spend over the last three quarters.

Feb 18, 2021 / receipt, needs a key / CEO, CEO | earnings call 2021-02-18 | transcript 1a7aa859-b319-4dd9-a871-09141aeb817d | chars 14530-14813 | segment 14

Our reduced SG&A levels in the quarter were substantially driven by a lower level of activity related to hiring, relocations, travel, and marketing events.

Aug 6, 2020 / receipt, needs a key / Jason Peterson, CFO | earnings call 2020-08-06 | transcript e7735b65-92f0-4761-b60e-1654c05b9b0a | chars 11939-12094 | segment 12