Gross Margin Performance
Achieved highest gross margin to date in the second quarter through focus on revenue quality, particularly among Financial Services clients.
Liquidity and Financial Position
Maintained a solid financial position with a cash balance of $27.9 million, no bank debt, and $22.2 million cash availability under a revolving credit facility.
Strategic Initiatives Progress
Significant progress on strategic initiatives, including transitioning finance and accounting functions to India, aiming to complete by Q4 2025.
Partnership with Informatica
Initial progress in building a differentiated offering through partnership with Informatica, creating joint solution offerings.