As we signaled in our December call, anticipation of softer top-line growth drove our own difficult but necessary cost cuts, including headcount reductions during the quarter. Continued careful expense management will allow us to maintain margins of EPS growth along with investment in new products to drive future performance.

Mar 21, 2024 / CEO / receipt, needs a key / Phil Snow, CEO | earnings call 2024-03-21 | transcript e095cdf1-275e-4aec-a88e-a3604c2bc7d6 | chars 3696-4023 | segment 3

As we enter our fourth quarter, we are focused on operational efficiencies and disciplined expense management to support margin expansion, grow EPS, and provide capital to invest in our strategic priorities.

Jun 22, 2023 / CEO / receipt, needs a key / Phil Snow, CEO | earnings call 2023-06-22 | transcript 3474a0d7-09bc-4168-96e3-3b49d8ffc7e7 | chars 3765-3972 | segment 3

Actions taken to date include limiting travel to client engagements and essential business needs, revisiting our real estate footprint, and focusing on the continued reduction of third-party content costs.

Dec 20, 2022 / CEO / receipt, needs a key / Phil Snow, CEO | earnings call 2022-12-20 | transcript 3d754e6a-3836-4584-8232-be2027948833 | chars 16035-16240 | segment 16

And we've also seen an increase in traveling and in-person engagement as our leaders encourage employees to meet one another and clients face-to-face wherever possible.

Sep 22, 2022 / CEO / receipt, needs a key / Phil Snow, CEO | earnings call 2022-09-22 | transcript f58c73ff-0af5-42e5-b9c1-ddf0967ada11 | chars 6105-6273 | segment 6

We believe these collective actions will allow us to achieve solid results that are within our FY21 guidance ranges. We are reaffirming our guidance for 2021. With that, we are now ready for questions. Kevin, back to you. Ladies and gentlemen, if you have a question or a comment at this time, please press the star, then the one key on your touch-tone telephone. If your question has been answered or you wish to move yourself from the queue, please press the pound key. Our first question comes from Andrew Nicholas with William Blair. Hi, good morning. Thanks for taking my questions. Really strong margin performance in the quarter, nicely above the full-year guidance range. Given you maintain the full-year guide, I was just hoping you could speak to the mix of factors driving implied step-up in expenses through the second half of the year or through the remainder of this year, mostly just wondering how much of that implied increase is investment spend versus maybe a return of a portion of those T&E costs or the facility costs you called out? Just trying to get a sense for that and maybe the cadence of spend throughout the rest of this year. Sure. Thanks for your question. So, yes, we are pleased with how we're performing. When we think about the benefit in this quarter, it comes in part from the higher revenue growth given the strong Q4. and that's offset by both growth and expend in both compensation and technology. The salary growth comes with the new hires. We did quite a lot

Dec 21, 2020 / CEO / receipt, needs a key / Phil Snow, CEO | earnings call 2020-12-21 | transcript 6b6aec65-4e79-4e92-b7b1-593ff1d94bfe | chars 14033-15533 | segment 14