Selling and marketing expenses of $40 million, or 30% of revenue, were favorably down 2% year over year, primarily due to proactive reductions in paid media, T&E, and third-party spend.

Sep 9, 2024 / receipt, needs a key / Rich Walker, CFO | earnings call 2024-09-09 | transcript b869dda0-2962-4d33-abea-d1243d59cf9a | chars 13219-13404 | segment 13

This is due to bookings typically being highest in the fiscal fourth quarter when related variable selling costs, such as commissions and travel expense, are higher.

Apr 6, 2022 / receipt, needs a key / Gary (CFO), CFO | earnings call 2022-04-06 | transcript 7da90c08-634e-4cf1-9bcb-51d1f7c1012b | chars 17933-18098 | segment 17

execution of an agreement to divest our Global Knowledge business

ir_statement / Sep 15, 2026 / receipt

improving free cash flow visibility

ir_statement / Sep 15, 2026 / receipt

Operating expense improvements drove Adjusted EBITDA margin¹ expansion

ir_statement / Sep 15, 2026 / receipt

Q1 ‘27 Adjusted Total Operating Expenses1 of $67.9M, favorably down 6.2% YoY or down $4.5M YoY

ir_statement / Sep 15, 2026 / receipt

accelerating pressure in the consumer business is reflected in our revised fiscal 2027 revenue outlook

ir_statement / Sep 15, 2026 / receipt

actively managing our cost structure

ir_statement / Sep 15, 2026 / receipt

Completed Global Knowledge divestiture provides a cleaner view of the go-forward business.

ir_statement / Sep 15, 2026 / receipt

Revenue from labor-based offerings improved in Q2 '27

ir_statement / Sep 15, 2026 / receipt

Total revenue declined 2.9% in Q2 ’27

ir_statement / Sep 15, 2026 / receipt

continued cost discipline

ir_statement / Sep 15, 2026 / receipt

reduced operating expenses

ir_statement / Sep 15, 2026 / receipt

reiterated FY’27 Free Cash Flow¹ guidance reflects management’s confidence in the cash generation profile of the simplified go-forward business

ir_statement / Sep 15, 2026 / receipt