Customer Diversification And SpendA record number of carrier clients are spending at high levels while spending outside the largest carrier rose sharply, reducing concentration risk and supporting more diversified revenue streams.
Guidance And OutlookFiscal 2026 guidance calls for revenue growth and sizable adjusted EBITDA expansion, with management expecting revenue acceleration and margin improvement driven by higher-margin products.
Share Repurchase And Cash FlowBoard authorization of a $40 million share repurchase, backed by solid free cash flow conversion and a strong balance sheet, signals confidence in returning capital to shareholders.