Shares fell 5.2% following earnings as investors reacted negatively to cautious outlook signals and margin pressure hinted in the discussion around integrating multiple acquisitions and ongoing platform modernization costs.

• Revenue growth remains strong, with top line increasing over 50% year-over-year, and 88% growth in the automotive and IoT AI segment excluding acquisitions.
• The company is advancing an aggressive acquisition strategy, including a definitive agreement to acquire LivePerson, aiming to broaden its enterprise AI footprint substantially.
• Integration efforts and investments in the new OASYS platform, designed to automate and scale AI agent deployment, are underway but suggest elevated near-term costs and operational complexity.
• Management highlighted strategic synergies and long-term value from acquisitions but acknowledged ongoing turnaround efforts and platform modernization will require sustained focus.
• Despite positive technology developments and a large pipeline, the cautious tone on execution risks and costs contributed to the market’s negative reaction.