2/ I'll let you read the actual words from the COO:
Page 1) Customers now have flexibility to train, manage & deploy multiple independent models to the Edge with ease which means faster times.
P 2) He gives examples of how they are seeing "huge interest from commercial clients.
3/ Now $PLTR have built and launched their own Apollo for Edge AI on top of Apollo.
Note: This is a proprietary technology that $PLTR has been working on for a while and launched in April.
Read some use-cases below⬇️
4/ Edge networks are powering many high-speed internet application industries that need intense computations with the rise of 5G. This is key for managing multiple IoT devices across countries. etc
As noted in my article, $PLTR is highly involved with these heavy industries....
5/
In this article, I talked extensively about how the rise of 5G, Edge Compute & IoT devices are going to drive the next generation of smart factories and how $PLTR is playing a dominant role..
6/ $PLTR's vertical integration has just gotten stronger by developing their own edge AI platform. It means they likely will not need platforms like $NET & $FSLY to help them.
This further builds on how $PLTR enhances their moat across key spectrums of the Analytics landscape.
7/ Edge Networks TAM is roughly an $18-30B industry by 2025 growing at a CAGR of 34%.
Key factors driving this adoption are the rise of the adoption of IoT across multiple industries from High-tech to VR/AR.
✅Means more $$
✅Expands their TAM
✅Increases stickiness
✅Expands offerings for clients
✅Clients can deploy rapid & advanced AI, saving costs
✅This therefore, increases their moat within the AI industry and landscape.
• • •
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Affirm Holdings [$AFRM] Mar 21 Earnings Highlights:
I just finished reviewing the report and the call.
Thread Outline⬇️
i) 10 key takeaways from the report;
ii) What trends are happening across the Fintech & BNPL Industry;
iii) And Key observations from Shopify & Peloton.
🧵
1/ $AFRM Top-line highlights - Revenue:
Jun 20 - 120% YoY Growth
Sep 20 - 98% YoY "
Dec 20 - 57% YoY "
Mar 21 - 67% YoY "
*8 sequential QoQ growth
Yes, growth slowed down but it was primarily due to the Covid shutdown. But now, it is accelerating as the economy is reopening.
2/ $AFRM Gross Merchandise Volume (GMV)
• GMV is growing 83% YoY though AoV slowed down
+ Increases in network revenue
• Travelling is growing triple digits (already in Feb!)
• Everyone talks about $PTON, but if you remove $PTON, the business is accelerating over 100% YoY.
• Marketplace Revenue- 141% YoY
+ Marketplace- 165%
+Services - 90% YoY
- Marketplace = combination of visits+conversion+AoV)
• Home improvement is still one of highest spend
CFO indicated that April is already momentum. Essential part.
My Q1 High level overview:
• Q1 Non-GAAP EPS: $0.28
• Revenue of $198M (50% YoY) beats
• Chegg Services subscribers, up 64% YoY to 4.8M from Q4's 4.4M
• Notable is the 32% EBITDA margin acceleration & QoQ sequential growth across the business⬇️
2/ As a refresher, this is a business breakdown/ structure of $CHGG
-Revenues come from $CHGG Services & Required Materials.
- $CHGG Services primarily includes Chegg Study, Writing, Math Solver, Study Pack, Thinkful, and Mathway.
-Required Materials includes print/e-textbooks
3/ $CHGG - Solid description of the value proposition.
This line stood-out from the earnings call as it best describes the company.
Outline of this Thread - What To Do:
• Pre & Post Earnings
• During the Earnings Call
• Key Metrics to track
• The Psychology
Earning can be a merging of multiple expectations (h/t @jackbutcher)
A Comprehensive guide below:🧵
2/ Why should you care:
• Earnings report (ER) are crucial times
• *Many* Institutions have their expectations & are ready to increase/Initiate/Decrease position which lead to big stock movements
• It determines future of a stock