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The champions had descended into crisis after a run of seven games without a win – six of which were defeats and the other an embarrassing 3-3 draw after leading 3-0. Four of those losses had come in the Premier League, heavily damaging their chances of claiming a fifth successive title, but they appeared to turn the corner by sweeping Forest aside at the Etihad Stadium. “We needed it,” said City manager Guardiola. “The club, the players, everyone needed to win. A good night's work 🫡 Thank you for backing us all the way, City fans 🩵 pic.twitter.com/UOcKm0Y6Ry — Manchester City (@ManCity) December 4, 2024 “But it is just one game and in three days we are at Selhurst Park, where it has always been difficult. “We played good. We still conceded some transitions and missed some easy things and lost some passes that you have to avoid, but in general, the most important thing was to break this routine of not winning games and we won it.” Kevin De Bruyne, making his first start since September after overcoming a pelvic injury, made a huge difference to a side that appeared rejuvenated. His powerful header was turned in by Bernardo Silva for the opening goal and the Belgian followed up with a powerful strike to make it 2-0. The 33-year-old is out of contract at the end of the season but it was a strong riposte to recent suggestions of a rift with Guardiola. A sweet strike 💥 ⚡️ #HighSpeedMoments | @eAndGroup pic.twitter.com/WJOkfKo2zr — Manchester City (@ManCity) December 4, 2024 “I’m so happy for him,” said Guardiola of De Bruyne’s telling contribution. “Last season he was many months injured and this season as well. “I’m so happy he’s back. He fought a lot, he’s worked and he’s back with his physicality. The minutes he played in Anfield were really good and today he played 75 fantastic minutes.” Jeremy Doku wrapped up a pleasing win when he finished a rapid counter-attack just before the hour but there was still a downside for City with injuries to defenders Nathan Ake and Manuel Akanji. Guardiola said: “For Nathan it doesn’t look good and Manu has struggled a lot over the last two months. We will see. “Phil (Foden) has bronchitis but when he doesn’t have fever he will be ready.” Despite City’s dominance, Forest did have some bright moments and manager Nuno Espirito Santo was not downbeat. He said: “When you lose 3-0 and you say it was a good performance maybe people don’t understand, but I will not say that was a bad performance. “There are positive things for us in the game. Of course there are a lot of bad things, mistakes, but we had chances. “We didn’t achieve but I think we come out proud of ourselves because we tried. For sure, this game will allow us to grow.”
DeWayne Carter jumped right back into the defensive line rotation for the Buffalo Bills on Sunday. The rookie third-round draft choice played 24 snaps during the team’s 44-42 loss to the Los Angeles Rams at SoFi Stadium. That was 31% of the defensive total. Carter made his return to the lineup after missing five games with a wrist injury suffered in Week 7 against Tennessee. The Bills have sunk to 25th in the NFL on third-down defense, allowing opponents to convert 43.2% of their opportunities into first downs. Buffalo allowed the Rams to convert 11 of 15 third-down chances in Sunday’s 44-42 loss. He did not register any statistics in his return to the lineup. Here are four more takeaways from the Bills’ snap counts in their Week 14 loss. 1. Lewis Cine played special teams in his Bills debut. Called up from the practice squad Saturday, Cine played 16 snaps on special teams against the Rams, which was 48% of the team total. 2. Dawson Knox was busy. Down Dalton Kincaid and Quintin Morris at the position, Knox played 49 snaps, which was 82% of the team total. That was the highest amount for any player on offense, with the exception of quarterback Josh Allen and the starting offensive line. Knox had one catch for 5 yards. Bills linebacker Matt Milano attempts to make a tackle on Rams receiver Puka Nacua during Sunday's game. 3. Matt Milano played a healthy amount again. In his second game back from injury, Milano played 65 defensive snaps, which was 84% of the team total. Milano finished with three tackles, including one for a loss. Cooper led the Bills with 14 targets, more than doubling his previous high of five targets in his five games with the team since coming over in a trade with the Cleveland Browns in October. Cooper finished with six catches against the Rams for 95 yards, both of which are his best in a game for the Bills. “I thought there were some flashes from Matt,” head coach Sean McDermott said. “He’s getting his legs back underneath him.” 4. Ray Davis never touched the ball. The rookie running back played 13 offensive snaps (22%), but did not receive a carry and was not targeted in the passing game. Player of the game: Josh Allen Obviously. The Bills’ quarterback became the first player in NFL history to ever record three rushing and three passing touchdowns in the same regular-season game. It’s hard to believe that perhaps the best two games Allen has ever played – the “13 seconds” postseason game against the Chiefs and this one – both resulted in losses. He deserved so much better Sunday. Three questions on our mind after Sunday’s loss by the Bills to the Los Angeles Rams. Quote of the game “I hate losing. If you lose by two, you lose by 100, it doesn't matter, you're still losing. Offensively, we've got to find ways to score before the half and score after the half, so didn't do our part, either. Just trying to go out there and execute the play call to the best of our ability, and we didn't do that well enough tonight. I don't know the stats. I don't know how well we were on third down or completion percentage. I don't know any of that. I just know it wasn't good enough to win a football game.” – Allen, who shouldered way more blame for the loss than he needed to, which is what a true leader does. Stat of the game: 245-0 The record of teams to score at least six touchdowns and not turn the ball over in the Super Bowl era (dating back to 1970) before the Bills became the first team to lose such a game. Be the first to know Get local news delivered to your inbox! News Sports Reporter {{description}} Email notifications are only sent once a day, and only if there are new matching items.The champions had descended into crisis after a run of seven games without a win – six of which were defeats and the other an embarrassing 3-3 draw after leading 3-0. Four of those losses had come in the Premier League, heavily damaging their chances of claiming a fifth successive title, but they appeared to turn the corner by sweeping Forest aside at the Etihad Stadium. “We needed it,” said City manager Guardiola. “The club, the players, everyone needed to win. “But it is just one game and in three days we are at Selhurst Park, where it has always been difficult. “We played good. We still conceded some transitions and missed some easy things and lost some passes that you have to avoid, but in general, the most important thing was to break this routine of not winning games and we won it.” Kevin De Bruyne, making his first start since September after overcoming a pelvic injury, made a huge difference to a side that appeared rejuvenated. His powerful header was turned in by Bernardo Silva for the opening goal and the Belgian followed up with a powerful strike to make it 2-0. The 33-year-old is out of contract at the end of the season but it was a strong riposte to recent suggestions of a rift with Guardiola. A sweet strike 💥 ⚡️ #HighSpeedMoments | @eAndGroup pic.twitter.com/WJOkfKo2zr — Manchester City (@ManCity) December 4, 2024 “I’m so happy for him,” said Guardiola of De Bruyne’s telling contribution. “Last season he was many months injured and this season as well. “I’m so happy he’s back. He fought a lot, he’s worked and he’s back with his physicality. The minutes he played in Anfield were really good and today he played 75 fantastic minutes.” Jeremy Doku wrapped up a pleasing win when he finished a rapid counter-attack just before the hour but there was still a downside for City with injuries to defenders Nathan Ake and Manuel Akanji. Guardiola said: “For Nathan it doesn’t look good and Manu has struggled a lot over the last two months. We will see. “Phil (Foden) has bronchitis but when he doesn’t have fever he will be ready.” Despite City’s dominance, Forest did have some bright moments and manager Nuno Espirito Santo was not downbeat. He said: “When you lose 3-0 and you say it was a good performance maybe people don’t understand, but I will not say that was a bad performance. “There are positive things for us in the game. Of course there are a lot of bad things, mistakes, but we had chances. “We didn’t achieve but I think we come out proud of ourselves because we tried. For sure, this game will allow us to grow.”None
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Kansas City (14-1) at Pittsburgh (10-5) Wednesday, 1 p.m., EST, Netflix. BetMGM NFL Odds: Chiefs by 2 1/2. Against the spread: Chiefs 7-8; Steelers 10-5 Series record: Steelers lead 25-14. Last meeting: Chiefs beat Steelers 42-21 in the first round of the playoffs on Jan. 16, 2022, in Kansas City. Last week: Chiefs beat Texans 27-19; Steelers lost to Ravens 34-17 Chiefs offense: overall (13), rush (15), pass (12), scoring (11). Chiefs defense: overall (3), rush (3), pass (17), scoring (3). Steelers offense: overall (19), rush (11), pass (25), scoring (12). Steelers defense: overall (11), rush (8), pass (20), scoring (7). Turnover differential: Chiefs plus-4; Steelers plus-16. WR Marquise Brown, who hurt his shoulder on the first play of the preseason and landed on injured reserve, made an impressive regular-season debut against Houston last week. “Hollywood” caught five passes for 45 yards, including an early 13-yarder that converted a fourth down and led to an eventual touchdown. But perhaps most importantly, Brown's mere presence kept Houston from double-teaming Xavier Worthy, DeAndre Hopkins and Travis Kelce all afternoon. Story continues below video LB T.J. Watt. The perennial All-Pro is dealing with an ankle injury and had a quiet game in the loss to Baltimore, finishing with just four tackles and didn’t have a single hit against Ravens QB Lamar Jackson. Pittsburgh's best chance at pulling the upset relies heavily on disrupting Kansas City QB Patrick Mahomes at every turn. To do it, Watt will need to do some Watt-like things. The 30-year-old leads the NFL in forced fumbles for a defense that thrives on takeaways. Steelers RBs Jaylen Warren and Najee Harris against the Chiefs rush defense, which is ranked third in the NFL and allowing just 91.4 yards per game. The Chiefs held the Texans' Joe Mixon to just 57 yards rushing last week, the latest in a season-long trend of shutting down top running backs. The Browns' Nick Chubb had 41 yards the previous week, and the Ravens' Derrick Henry, the Falcons' Bijan Robinson and the Saints' Alvin Kamara are among those who have similarly struggled against Kansas City. Chiefs: LT D.J. Humphries (hamstring) and CB Chamarri Conner (concussion) are likely to miss a second straight game. DT Chris Jones (calf) and RT Jawaan Taylor (knee) are iffy after getting hurt against Houston. Steelers: WR George Pickens (hamstring) should return after missing the past three games. S DeShon Elliott (hamstring) and DT Larry Ogunjobi (groin) may also be back after sitting the past two weeks. Starting CB Joey Porter Jr. (knee) and backup wide receiver/special teams ace Ben Skowronek (hip) are out. The Steelers have dominated the series, leading 23-14, but the Chiefs have won the past three games. That includes a 42-21 rout in their most recent matchup in the wild-card round of the playoffs on Jan. 16, 2022 — the last game played by Pittsburgh quarterback Ben Roethlisberger. Prior to the Chiefs' three-game win streak, the Steelers had won three in a row, including an 18-16 victory in the divisional round on Jan. 15, 2017, that they won despite not scoring a touchdown. Kansas City can clinch the No. 1 seed and first-round playoff bye with a win over the Steelers, or if the Bills lose or tie when they play the Jets on Sunday. ... Pittsburgh has dropped two straight, but can still earn its first AFC North title since 2020 by winning its last two games. ... The Chiefs can set a franchise record for regular-season wins with their 15th by beating Pittsburgh or Denver in their regular-season finale, breaking a tie with the 2020 and ‘22 teams. ... The Chiefs' Patrick Mahomes needs three TD passes to break Peyton Manning’s record of 244 for a QB's first eight seasons. Mahomes did not start as a rookie and has played just 111 games while Manning played 128 over that span. ... Mahomes has dominated the Steelers so far in his career, throwing 14 touchdowns without a pick while leading Kansas City to three victories in as many tries. ... Chiefs WR DeAndre Hopkins has an NFL-leading 177 straight games with a catch. TE Travis Kelce is second with 173. ... Kelce has 76 TD catches, tied with Tony Gonzalez for the Chiefs record. Kelce has 79 total TDs, four shy of Priest Holmes' franchise record. ... WR Xavier Worthy has five TD catches, tied for the sixth most by a rookie in Chiefs history. Worthy also has three TD runs, and the eight total is also tied for sixth most in franchise history. ... Chiefs DB Trent McDuffie has intercepted a pass in back-to-back games. He did not have a pick in his first 48 games. ... This is the 12th game in Steelers history to be played on Wednesday and the first since 2020, when a showdown with the Ravens was repeatedly postponed because of COVID-19 issues. Pittsburgh is 5-6 all time on Wednesdays. ... A healthy Pickens will likely give the Steelers passing game a serious boost. QB Russell Wilson is averaging just 167.7 yards per game in Pickens' absence, down from 271 yards per game with Pickens in the lineup. ... This is Pittsburgh's first regular-season game against a team with 14 wins. ... The Steelers have five wins against the defending Super Bowl champions since the 1970 AFL-NFL merger. ... Pittsburgh is 26-12 in Weeks 17 and 18 since the start of the 1990 season, the second-most wins in the NFL over that span behind Green Bay (28). ... The Steelers have won seven straight games and 12 of their past 13 the week following a loss of at least 17 points. ... Pittsburgh leads the NFL with 31 takeaways. and has forced at least two turnovers 11 times. It might be championship week in your league, so why not turn to a championship quarterback. Mahomes has earned the benefit of the doubt even in a “down” season by his standards and with Pittsburgh missing its top cornerback and the pass rush slowed of late, give Mahomes a start against a team he has toyed with in his career. AP NFL: https://apnews.com/hub/nflPISCATAWAY, N.J. (AP) — Luke Altmyer found Pat Bryant for a catch-and-run, 40-yard touchdown pass with 4 seconds left, sending No. 24 Illinois to a wild 38-31 victory over Rutgers on Saturday. Illinois (8-3, 5-3 Big Ten) was down 31-30 when it sent long kicker Ethan Moczulski out for a desperation 58-yard field goal with 14 seconds to go. Rutgers coach Greg Schiano then called for a timeout right before Moczulski’s attempt was wide left and about 15 yards short. After the missed field goal was waved off by the timeout, Illinois coach Bret Bielema sent his offense back on the field. Altmyer hit Bryant on an in cut on the left side at the 22, and he continued across the field and scored untouched in a game that featured three lead changes in the final 3:07. Rutgers (6-5, 3-5) gave up a safety on the final kickoff return, throwing a ball out of bounds in the end zone as players passed it around hoping for a miracle touchdown. Altmyer was 12-of-26 passing for 249 yards and two touchdowns. Bryant finished with seven receptions for 197 yards. Altmeyer put Illinois in front with a 30-yard TD run with 3:07 to go. He passed to Josh McCray on the 2-point conversion, making it 30-24. Rutgers responded with a 10-play, 65-yard drive. Athan Kaliakmanis had a 15-yard run on fourth down. He passed to running back Kyle Manangai for a 13-yard TD with 1:08 remaining. Illinois then drove 75 yards in eight plays for the unexpected win. Kaliakmanis was 18 for 36 for 174 yards and two touchdowns. He also had 13 carries for 84 yards and two TDs. Monangai had a career-high 28 carries for 122 yards. Kaliakmanis found Ian Strong for a 2-yard touchdown in the final seconds of the first half, and he scored on a 1-yard run to lift Rutgers to a 24-15 lead early in the fourth quarter. Illinois responded with Aidan Laughery’s 8-yard TD run, setting up the roller-coaster finish. The start of the second half was delayed because of a scrum between the teams. There were no punches thrown and the officials called penalties on both schools. Monangai become the third player in Rutgers history to rush for 3,000 yards when he picked up 4 on a third-and-1 carry early in the second quarter. The defending conference rushing champion joins Ray Rice and Terrell Willis in hitting the mark. Illinois: The great finish keeps the Illini in line for its first nine-win season since 2007 and a prestigious bowl game this season. Rutgers: The Scarlet Knights were seconds away from their first in-conference three-game win streak since joining the Big Ten in 2014. Illinois: At Northwestern next Saturday. Rutgers: At Michigan State next Saturday. AP college football: https://apnews.com/hub/college-football and https://apnews.com/hub/ap-top-25-college-football-pollRookie da Silva provides Magic with consistent effort until Banchero’s return
NEW YORK (AP) — U.S. stock indexes are drifting lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. The S&P 500 dipped by 0.2% in late trading, a day after pulling back from its latest all-time high . The index is on track for its first back-to-back losses in more than three weeks, as momentum slows following a big rally that has it on track for one of its best years of the millennium . The Dow Jones Industrial Average was down by 7 points, or less than 0.1%, with roughly an hour remaining in trading, and the Nasdaq composite fell 0.3%. Tech titan Oracle dragged on the market and sank 7.8% after reporting growth for the latest quarter that fell just short of analysts’ expectations. It was one of the heaviest weights on the S&P 500, even though CEO Safra Catz said the company saw record demand related to artificial-intelligence technology for its cloud infrastructure business, which trains generative AI models. AI has been a big source of growth that’s helped many companies’ stock prices skyrocket. Oracle’s stock had already leaped nearly 81% for the year coming into Tuesday, which raised the bar of expectations for its profit report. C3.ai fell 2.1% despite reporting a smaller loss for the latest quarter than analysts expected. The AI software company increased its forecast for how big a loss it expects to take this fiscal year from its operations. In the bond market, Treasury yields ticked higher ahead of Wednesday’s report on the inflation that U.S. consumers are feeling. Economists expect it to show roughly similar increases as the month before. That and a report on Thursday about inflation at the wholesale level will be the final big pieces of data the Federal Reserve will get before its meeting next week, where many investors expect the year’s third cut to interest rates . The Fed has been easing its main interest rate from a two-decade high since September to lift the slowing jobs market, after bringing inflation nearly down to its 2% target. Lower rates would help give support to the economy, but they could also provide more fuel for inflation. The yield on the 10-year Treasury rose to 4.22% from 4.20% late Monday. Even though the Fed has been cutting its main interest rate, mortgage rates have been more stubborn and have been volatile since the autumn. That has hampered the housing industry, and homebuilder Toll Brothers’ stock fell 5.2% even though it beat analysts’ expectations for profit and revenue in the latest quarter. CEO Douglas Yearley Jr. said the luxury builder has been seeing strong demand since the start of its fiscal year six weeks ago, an encouraging signal as it approaches the beginning of the spring selling season in mid-January Elsewhere on Wall Street, Alaska Air Group soared 13.6% after raising its forecast for profit in the current quarter. The airline said demand for flying around the holidays has been stronger than expected. It also approved a plan to buy back up to $1 billion of its stock, along with new service from Seattle to Tokyo and Seoul . Boeing climbed 5.2% after saying it's resuming production of its bestselling plane , the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. Vail Resorts rose 2.7% after the ski resort operator reported a narrower first-quarter loss than expected in what is traditionally its worst quarter. In stock markets abroad, indexes were mixed in China after the world’s second-largest economy said its exports rose by less than expected in November. Stocks rose 0.6% in Shanghai but fell 0.5% in Hong Kong. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.Clement confirms Rangers 'big discussions' over January transfer windowSystem Integrator Market: A Comprehensive Analysis to 2030 12-10-2024 09:17 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Data Bridge Market Research (DBMR) System Integrator Market The system integrator market is a vital component of the modern industrial landscape, bridging the gap between diverse technologies and enabling seamless operation across sectors. System integrators design, implement, and manage integrated systems that streamline processes, optimize efficiency, and drive innovation. These professionals and organizations are essential in sectors like manufacturing, information technology, healthcare, and energy. This article provides a detailed exploration of the system integrator market, focusing on its trends, size, share, growth trajectory, and demand projections leading up to 2030. Access Full 350 Pages PDF Report @ https://www.databridgemarketresearch.com/reports/global-system-integrator-market Trends Shaping the System Integrator Market The system integrator market is undergoing rapid transformation, driven by advancements in technology and changing industrial needs. Several key trends are shaping this industry: Adoption of Industry 4.0: Industry 4.0, characterized by the convergence of automation, IoT, and AI, has created a massive demand for system integrators. Companies are seeking to modernize operations, improve productivity, and integrate smart technologies. Rise of Cloud-Based Integration: Cloud computing has revolutionized system integration, offering scalable, flexible, and cost-effective solutions. Cloud-based platforms enable real-time monitoring, data analytics, and enhanced collaboration. Focus on Cybersecurity: As industries become more interconnected, ensuring the security of integrated systems is paramount. System integrators are increasingly emphasizing cybersecurity measures to protect against potential threats. Expansion in Emerging Markets: Emerging economies are experiencing significant industrial growth, leading to increased demand for system integration services. Countries in Asia-Pacific, the Middle East, and Africa are becoming lucrative markets for system integrators. Sustainability and Green Integration: With growing environmental concerns, businesses are prioritizing sustainable practices. System integrators are incorporating green technologies and energy-efficient systems to align with global sustainability goals. Market Size and Share Data Bridge Market Research analyzes that the Global System Integrator Market which was USD 353,900.00 million in 2022, is likely to reach USD 995,448.19 million by 2030, and is expected to undergo a CAGR of 12.18% during the forecast period. "Infrastructure Integration" dominates the service segment of the global system integrator market due to the growth of infrastructure integration is projected to be strong in the coming years due to the growing demand for a cost-effective, resilient, agile, and secure IT infrastructure. Various industries, including defense, marine systems, telecommunications, aviation, oil & gas, banking, and healthcare, are increasingly embracing system integration. Businesses are constantly evolving and adapting to changing IT needs in a complex environment, which is expected to boost the demand for infrastructure integration in the foreseeable future. Regional Analysis: North America: Dominates the market due to high technological adoption, a robust industrial base, and strong demand for automation. Europe: A significant contributor, driven by advancements in manufacturing and renewable energy integration. Asia-Pacific: Expected to witness the highest growth due to rapid industrialization, government initiatives, and increased investment in smart technologies. Latin America and Middle East & Africa: Emerging as promising regions with untapped potential and growing industrial sectors. Sectoral Insights: Manufacturing: Accounts for the largest market share due to widespread adoption of automation and robotics. Energy and Utilities: Significant growth driven by renewable energy integration and smart grid deployment. Healthcare: Increasing adoption of integrated systems for patient management, diagnostics, and telemedicine. IT and Telecom: Leveraging system integration for enhanced connectivity and network management. Growth Drivers Several factors are driving the growth of the system integrator market: Technological Advancements: Rapid progress in AI, IoT, and machine learning has expanded the scope of system integration, enabling more sophisticated and efficient solutions. Increased Automation: The push for automation across industries is creating significant opportunities for system integrators to design and implement advanced solutions. Digital Transformation: Organizations are increasingly adopting digital technologies to enhance operations, creating a robust demand for system integration services. Globalization: As businesses expand globally, the need for integrated systems to manage operations across regions has surged. Regulatory Compliance: Stringent regulatory standards in industries like healthcare and energy necessitate robust integration solutions to ensure compliance. Demand Projections to 2030 The demand for system integrators is expected to rise significantly by 2030, driven by several factors: Growing Complexity of Systems: As industries embrace more complex technologies, the need for system integrators to ensure seamless operation will intensify. Smart Cities and Infrastructure Projects: The development of smart cities and large-scale infrastructure projects will require extensive system integration services. Expansion of Renewable Energy: The global shift towards renewable energy sources will drive demand for integration of solar, wind, and other energy systems. Healthcare Modernization: The healthcare sector's reliance on integrated systems for efficient patient care and data management will continue to grow. Customized Solutions: Businesses increasingly demand tailor-made integration solutions to address unique operational challenges, fostering market growth. Browse Trending Reports: https://aimarketresearch2024.blogspot.com/2024/12/swir-market-size-share-trends-growth.html https://aimarketresearch2024.blogspot.com/2024/12/lunch-bags-market-size-share-trends.html https://aimarketresearch2024.blogspot.com/2024/12/wafer-solar-cell-market-size-share.html https://aimarketresearch2024.blogspot.com/2024/12/portable-e-tanks-market-size-share.html Conclusion The system integrator market is on a robust growth trajectory, underpinned by technological advancements, rising automation, and the need for seamless operations across industries. As we approach 2030, the market is set to expand further, driven by emerging trends and increasing demand from diverse sectors. For stakeholders, understanding the evolving dynamics of this market is crucial to leverage opportunities and drive innovation in a rapidly changing industrial landscape. About Data Bridge Market Research: Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Contact Us: Data Bridge Market Research US: +1 614 591 3140 UK: +44 845 154 9652 APAC : +653 1251 975 Email: corporatesales@databridgemarketresearch.com" This release was published on openPR.
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Dec 9, 2024-- Zuora, Inc. (NYSE: ZUO), a leading monetization suite for modern business, today announced financial results for its fiscal third quarter ended October 31, 2024. Third Quarter Fiscal 2025 Financial Results: Descriptions of our non-GAAP financial measures are contained in the section titled "Explanation of Non-GAAP Financial Measures" below and reconciliations of GAAP and non-GAAP financial measures are contained in the tables below. Proposed Acquisition; Conference Call and Guidance On October 17, 2024, we announced that Zuora entered into a definitive agreement to be acquired by Silver Lake, the global leader in technology investing, in partnership with an affiliate of GIC Pte. Ltd. (“GIC”). The transaction is valued at $1.7 billion, with Silver Lake and GIC to acquire all outstanding shares of Zuora common stock for $10.00 per share in cash. The acquisition is expected to close in the first calendar quarter of 2024, subject to customary closing conditions and approvals, including the receipt of the required regulatory approvals. Upon completion of the transaction, Zuora will become a privately held company. Given the proposed acquisition of Zuora, we will not be holding a conference call or live webcast to discuss Zuora's third quarter of fiscal 2025 financial results, we will not be providing any forward looking guidance, and we are withdrawing all previously provided goals, outlook, and guidance. Key Operational and Financial Metrics: Explanation of Key Operational and Financial Metrics: Annual Contract Value (ACV) . We define ACV as the subscription revenue we would contractually expect to recognize from a customer over the next twelve months, assuming no increases or reductions in their subscriptions. We define the number of customers at the end of any particular period as the number of parties or organizations that have entered into a distinct subscription contract with us and for which the term has not ended. Each party with whom we have entered into a distinct subscription contract is considered a unique customer, and in some cases, there may be more than one customer within a single organization. Dollar-based Retention Rate (DBRR) . We calculate DBRR as of a period end by starting with the sum of the ACV from all customers as of twelve months prior to such period end, or prior period ACV. We then calculate the sum of the ACV from these same customers as of the current period end, or current period ACV. Current period ACV includes any upsells and also reflects contraction or attrition over the trailing twelve months but excludes revenue from new customers added in the current period. We then divide the current period ACV by the prior period ACV to arrive at our dollar-based retention rate. Annual Recurring Revenue (ARR). ARR represents the annualized recurring value at the time of initial booking or contract modification for all active subscription contracts at the end of a reporting period. ARR excludes the value of non-recurring revenue such as professional services revenue as well as contracts with new customers with a term of less than one year. ARR should be viewed independently of revenue and deferred revenue, and is not intended to be a substitute for, or combined with, any of these items. ARR growth is calculated by dividing the ARR as of a period end by the ARR for the corresponding period end of the prior fiscal year. Explanation of Non-GAAP Financial Measures: In addition to financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), this press release and the accompanying tables contain non-GAAP financial measures including: non-GAAP cost of subscription revenue; non-GAAP subscription gross margin; non-GAAP cost of professional services revenue; non-GAAP professional services gross margin; non-GAAP gross profit; non-GAAP gross margin; non-GAAP income from operations; non-GAAP operating margin; non-GAAP net income; non-GAAP net income per share; and adjusted free cash flow. The presentation of these financial measures is not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with GAAP. We use non-GAAP financial measures in conjunction with GAAP measures as part of our overall assessment of our performance, including the preparation of our annual operating budget and quarterly forecasts, to evaluate the effectiveness of our business strategies and to communicate with our Board of Directors concerning our financial performance. We believe these non-GAAP measures provide investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of our operating results. We also believe these non-GAAP measures are useful in evaluating our operating performance compared to that of other companies in our industry, as they generally eliminate the effects of certain items that may vary for different companies for reasons unrelated to overall operating performance. We exclude the following items from one or more of our non-GAAP financial measures: Additionally, we disclose "adjusted free cash flow", which is a non-GAAP measure that includes adjustments to operating cash flows for cash impacts related to Shareholder matters and Acquisition-related expenses described above, and net purchases of property and equipment. We include the impact of net purchases of property and equipment in our adjusted free cash flow calculation because we consider these capital expenditures to be a necessary component of our ongoing operations. We believe this measure is meaningful to investors because management reviews cash flows generated from operations excluding such expenditures that are not related to our ongoing operations. Investors are cautioned that there are material limitations associated with the use of non-GAAP financial measures as an analytical tool. The non-GAAP measures we use may be different from non-GAAP financial measures used by other companies, limiting their usefulness for comparison purposes. We compensate for these limitations by providing specific information regarding the GAAP items excluded from these non-GAAP financial measures. Forward-Looking Statements: This press release contains forward-looking statements that involve a number of risks and uncertainties. Words such as “believes,” “may,” “will,” “determine,” “estimates,” “potential,” “continues,” “anticipates,” “intends,” “expects,” “could,” “would,” “projects,” “plans,” “targets,” “strategy,” “likely,” and variations of such words and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this release include statements regarding the proposed acquisition of Zuora, including the expected timing of the closing of the acquisition, and expectations for Zuora following the completion of the acquisition. Forward-looking statements are based on management's expectations as of the date of this filing and are subject to a number of risks, uncertainties and assumptions, many of which involve factors or circumstances that are beyond our control. Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in our Form 10-Q filed with the Securities and Exchange Commission on August 29, 2024 as well as other documents that may be filed by us from time to time with the Securities and Exchange Commission, including in our Quarterly Report on Form 10-Q for the quarter ended October 31, 2024. In particular, the following factors, among others, could cause results to differ materially from those expressed or implied by such forward-looking statements: the possibility that the closing conditions to the proposed acquisition are not satisfied (or waived), including the risk that required approvals from Zuora’s stockholders for the proposed acquisition or required regulatory approvals to consummate the acquisition are not obtained in a timely manner (or at all); the outcome of the current complaint and any potential litigation relating to the proposed acquisition; uncertainties as to the timing of the consummation of the proposed acquisition; the ability of each party to consummate the proposed acquisition; our ability to attract new customers and retain and expand sales to existing customers; our ability to manage our future revenue and profitability plans effectively; adoption of monetization platform software and related solutions, as well as consumer adoption of products and services that are provided through such solutions; our ability to develop and release new products and services, or successful enhancements, new features and modifications; challenges related to growing our relationships with strategic partners; loss of key employees; our ability to compete in our markets; adverse impacts on our business and financial condition due to macroeconomic or market conditions; the impact of actions to improve operational efficiencies and operating costs; our history of net losses and ability to achieve or sustain profitability; market acceptance of our products; the success of our product development efforts; risks associated with currency exchange rate fluctuations; risks associated with our debt obligations; successful deployment of our solutions by customers after entering into a subscription agreement with us; the success of our sales and product initiatives; our security measures; our ability to adequately protect our intellectual property; interruptions or performance problems; litigation and other shareholder related costs; the anticipated benefits of acquisitions and ability to integrate operations and technology of any acquired company; geopolitical conflicts or destabilizing events; other business effects, including those related to industry, market, economic, political, regulatory and global health conditions and other risks and uncertainties. The forward-looking statements included in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. We undertake no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release. Important Information and Where to Find It In connection with the proposed acquisition, Zuora has filed with the Securities and Exchange Commission (the “SEC”) a proxy statement in preliminary form on November 25, 2024, a definitive version of which will be mailed or otherwise provided to its stockholders. The Company and affiliates of the Company have jointly filed a transaction statement on Schedule 13E-3 (the Schedule 13E-3). Zuora may also file other documents with the SEC regarding the potential transaction. BEFORE MAKING ANY VOTING DECISION, ZUORA’S STOCKHOLDERS ARE URGED TO CAREFULLY READ THE PROXY STATEMENT AND THE SCHEDULE 13E-3 IN THEIR ENTIRETY AND ANY OTHER DOCUMENTS FILED WITH THE SEC AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS THERETO IN CONNECTION WITH THE PROPOSED TRANSACTION OR INCORPORATED BY REFERENCE THEREIN BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND THE PARTIES TO THE PROPOSED TRANSACTION AND RELATED MATTERS. Investors and security holders may obtain free copies of the proxy statement, the Schedule 13E-3 and other documents that Zuora files with the SEC from the SEC’s website at www.sec.gov and Zuora’s website at investor.zuora.com . In addition, the proxy statement, the Schedule 13E-3 and other documents filed by Zuora with the SEC (when available) may be obtained from Zuora free of charge by directing a request to Zuora’s Investor Relations at investorrelations@zuora.com . Participants in the Solicitation Zuora and certain of its directors, executive officers and employees may be deemed to be participants in the solicitation of proxies from Zuora’s stockholders in connection with the proposed transaction. Information regarding the persons who may, under the rules of the SEC, be deemed to be participants in the solicitation of the stockholders of Zuora in connection with the proposed transaction, including a description of their respective direct or indirect interests, by security holdings or otherwise will be set forth in the proxy statement and Schedule 13E-3 and other materials to be filed with the SEC. You may also find additional information about Zuora’s directors and executive officers in Zuora’s proxy statement for its 2024 Annual Meeting of Stockholders, which was filed with the SEC on May 16, 2024 (the “Annual Meeting Proxy Statement”). To the extent holdings of securities by potential participants (or the identity of such participants) have changed since the information printed in the Annual Meeting Proxy Statement, such information has been or will be reflected in Zuora’s Statements of Change in Ownership on Forms 3 and 4 filed with the SEC. You can obtain free copies of these documents from Zuora using the contact information above. About Zuora, Inc. Zuora provides a leading monetization suite to build, run and grow a modern business through a dynamic mix of usage-based models, subscription bundles and everything in between. From pricing and packaging, to billing, payments and revenue accounting, Zuora’s flexible, modular software platform is designed to help companies evolve monetization strategies with customer demand. More than 1,000 customers around the world, including BMC Software, Box, Caterpillar, General Motors, The New York Times, Schneider Electric and Zoom use Zuora’s leading combination of technology and expertise to turn recurring relationships and recurring revenue into recurring growth. Zuora is headquartered in Silicon Valley with offices in the Americas, EMEA and APAC. To learn more, please visit zuora.com . © 2024 Zuora, Inc. All Rights Reserved. Zuora, Subscribed, Subscription Economy, Powering the Subscription Economy, Subscription Economy Index, Zephr, and Subscription Experience Platform are trademarks or registered trademarks of Zuora, Inc. Third party trademarks mentioned above are owned by their respective companies. Nothing in this press release should be construed to the contrary, or as an approval, endorsement or sponsorship by any third parties of Zuora, Inc. or any aspect of this press release. SOURCE: ZUORA, INC. ZUORA, INC. CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (in thousands, except per share data) (unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Revenue: Subscription $ 105,253 $ 98,048 $ 308,263 $ 283,232 Professional services 11,676 11,801 33,831 37,760 Total revenue 116,929 109,849 342,094 320,992 Cost of revenue: Subscription 1 23,954 20,378 67,207 62,304 Professional services 1 14,383 14,650 43,483 47,851 Total cost of revenue 38,337 35,028 110,690 110,155 Gross profit 78,592 74,821 231,404 210,837 Operating expenses: Research and development 1 26,833 27,504 76,853 79,428 Sales and marketing 1 36,597 40,245 108,579 124,488 General and administrative 1 26,880 15,893 71,351 54,160 Total operating expenses 90,310 83,642 256,783 258,076 Loss from operations (11,718 ) (8,821 ) (25,379 ) (47,239 ) Change in fair value of debt derivative and warrant liabilities (20,174 ) 6,997 (29,115 ) 2,241 Interest expense (7,045 ) (5,610 ) (20,781 ) (14,604 ) Interest and other income (expense), net 6,505 2,272 19,988 13,639 Loss before income taxes (32,432 ) (5,162 ) (55,287 ) (45,963 ) Income tax (benefit) provision (226 ) 340 (2,152 ) 1,396 Net loss (32,206 ) (5,502 ) (53,135 ) (47,359 ) Comprehensive loss: Foreign currency translation adjustment 462 (696 ) 386 (1,383 ) Unrealized gain (loss) on available-for-sale securities 248 (18 ) 63 494 Comprehensive loss $ (31,496 ) $ (6,216 ) $ (52,686 ) $ (48,248 ) Net loss per share, basic and diluted $ (0.21 ) $ (0.04 ) $ (0.36 ) $ (0.34 ) Weighted-average shares outstanding used in calculating net loss per share, basic and diluted 152,263 141,488 149,457 138,789 (1) Stock-based compensation expense was recorded in the following cost and expense categories: Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Cost of subscription revenue $ 2,331 $ 2,350 $ 6,291 $ 6,889 Cost of professional services revenue 2,598 2,747 7,359 8,997 Research and development 7,697 7,165 21,680 20,661 Sales and marketing 7,613 8,191 20,609 24,857 General and administrative 4,694 5,648 13,163 16,569 Total stock-based compensation expense $ 24,933 $ 26,101 $ 69,102 $ 77,973 ZUORA, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands) (unaudited) October 31, 2024 January 31, 2024 Assets Current assets: Cash and cash equivalents $ 277,615 $ 256,065 Short-term investments 280,909 258,120 Accounts receivable, net 82,414 124,602 Deferred commissions, current portion 15,995 15,870 Prepaid expenses and other current assets 25,183 23,261 Total current assets 682,116 677,918 Property and equipment, net 27,403 25,961 Operating lease right-of-use assets 20,591 22,462 Purchased intangibles, net 23,146 10,082 Deferred commissions, net of current portion 24,941 27,250 Goodwill 73,903 56,657 Other assets 4,972 3,506 Total assets $ 857,072 $ 823,836 Liabilities and stockholders’ equity Current liabilities: Accounts payable $ 761 $ 3,161 Accrued expenses and other current liabilities 45,167 32,157 Accrued employee liabilities 29,860 37,722 Deferred revenue, current portion 177,436 199,615 Operating lease liabilities, current portion 7,030 6,760 Total current liabilities 260,254 279,415 Long-term debt 368,348 359,525 Deferred revenue, net of current portion 860 2,802 Operating lease liabilities, net of current portion 32,573 37,100 Deferred tax liabilities 4,066 3,725 Other long-term liabilities 6,781 7,582 Total liabilities 672,882 690,149 Stockholders’ equity: Class A common stock 15 14 Class B common stock 1 1 Additional paid-in capital 1,067,329 964,141 Accumulated other comprehensive loss (410 ) (859 ) Accumulated deficit (882,745 ) (829,610 ) Total stockholders’ equity 184,190 133,687 Total liabilities and stockholders’ equity $ 857,072 $ 823,836 ZUORA, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands) (unaudited) Nine Months Ended October 31, 2024 2023 Cash flows from operating activities: Net loss $ (53,135 ) $ (47,359 ) Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Depreciation, amortization and accretion 14,715 13,684 Stock-based compensation 69,102 77,973 Provision for credit losses 2,117 457 Amortization of deferred commissions 13,946 14,415 Reduction in carrying amount of right-of-use assets 3,470 4,876 Change in fair value of debt derivative and warrant liabilities 29,115 (2,241 ) Other (2,418 ) 2,630 Changes in operating assets and liabilities: Accounts receivable 40,149 12,476 Prepaid expenses and other assets (2,657 ) 878 Deferred commissions (12,107 ) (12,013 ) Accounts payable (2,529 ) (634 ) Accrued expenses and other liabilities 6,843 (82,904 ) Accrued employee liabilities (7,986 ) 509 Deferred revenue (24,439 ) (7,461 ) Operating lease liabilities (7,476 ) (10,962 ) Net cash provided by (used in) operating activities 66,710 (35,676 ) Cash flows from investing activities: Purchases of property and equipment (9,252 ) (6,913 ) Purchases of short-term investments (240,093 ) (66,665 ) Maturities of short-term investments 222,279 175,128 Cash paid for acquisition, net of cash acquired (24,786 ) (4,524 ) Net cash (used in) provided by investing activities (51,852 ) 97,026 Cash flows from financing activities: Proceeds from issuance of common stock upon exercise of stock options 3,372 1,000 Proceeds from issuance of common stock under employee stock purchase plan 4,481 4,765 Payment for taxes related to net share settlement of stock options (1,547 ) — Proceeds from issuance of convertible senior notes, net of issuance costs — 145,861 Net cash provided by financing activities 6,306 151,626 Effect of exchange rates on cash and cash equivalents 386 (1,383 ) Net increase in cash and cash equivalents 21,550 211,593 Cash and cash equivalents, beginning of period 256,065 203,239 Cash and cash equivalents, end of period $ 277,615 $ 414,832 ZUORA, INC. RECONCILIATION OF SELECTED GAAP MEASURES TO NON-GAAP MEASURES (in thousands, except percentages) (unaudited) Subscription Gross Margin Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Reconciliation of cost of subscription revenue: GAAP cost of subscription revenue $ 23,954 $ 20,378 $ 67,207 $ 62,304 Less: Stock-based compensation (2,331 ) (2,350 ) (6,291 ) (6,889 ) Amortization of acquired intangibles (1,164 ) (607 ) (2,706 ) (2,083 ) Workforce reductions (228 ) — (796 ) (38 ) Acquisition-related expenses (12 ) — (103 ) — Asset impairment — (439 ) — (439 ) Shareholder matters — — (20 ) — Non-GAAP cost of subscription revenue $ 20,219 $ 16,982 $ 57,291 $ 52,855 GAAP subscription gross margin 77 % 79 % 78 % 78 % Non-GAAP subscription gross margin 81 % 83 % 81 % 81 % Professional Services Gross Margin Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Reconciliation of cost of professional services revenue: GAAP cost of professional services revenue $ 14,383 $ 14,650 $ 43,483 $ 47,851 Less: Stock-based compensation (2,598 ) (2,747 ) (7,359 ) (8,997 ) Acquisition-related expenses (22 ) — (22 ) — Shareholder matters — — (28 ) — Workforce reductions — — (5 ) (46 ) Non-GAAP cost of professional services revenue $ 11,763 $ 11,903 $ 36,069 $ 38,808 GAAP professional services gross margin (23 )% (24 )% (29 )% (27 )% Non-GAAP professional services gross margin (1 )% (1 )% (7 )% (3 )% ZUORA, INC. RECONCILIATION OF SELECTED GAAP MEASURES TO NON-GAAP MEASURES (CONTINUED) (in thousands, except percentages) (unaudited) Total Gross Margin Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Reconciliation of gross profit: GAAP gross profit $ 78,592 $ 74,821 $ 231,404 $ 210,837 Add: Stock-based compensation 4,929 5,097 13,650 15,886 Amortization of acquired intangibles 1,164 607 2,706 2,083 Workforce reductions 228 — 801 84 Acquisition-related expenses 34 — 125 — Asset impairment — 439 — 439 Shareholder matters — — 48 — Non-GAAP gross profit $ 84,947 $ 80,964 $ 248,734 $ 229,329 GAAP gross margin 67 % 68 % 68 % 66 % Non-GAAP gross margin 73 % 74 % 73 % 71 % Operating (Loss) Income and Operating Margin Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Reconciliation of (loss) income from operations: GAAP loss from operations $ (11,718 ) $ (8,821 ) $ (25,379 ) $ (47,239 ) Add: Stock-based compensation 24,933 26,101 69,102 77,973 Acquisition-related expenses 10,299 19 17,100 211 Amortization of acquired intangibles 1,164 607 2,706 2,083 Workforce reductions 241 — 1,518 265 Shareholder matters 181 (3,508 ) 4,240 (3,265 ) Asset impairment — 1,592 — 1,592 Non-GAAP income from operations $ 25,100 $ 15,990 $ 69,287 $ 31,620 GAAP operating margin (10 )% (8 )% (7 )% (15 )% Non-GAAP operating margin 21 % 15 % 20 % 10 % ZUORA, INC. RECONCILIATION OF SELECTED GAAP MEASURES TO NON-GAAP MEASURES (CONTINUED) (in thousands, except per share data) (unaudited) Net (Loss) Income and Net (Loss) Income Per Share Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Reconciliation of net (loss) income: GAAP net loss $ (32,206 ) $ (5,502 ) $ (53,135 ) $ (47,359 ) Add: Stock-based compensation 24,933 26,101 69,102 77,973 Change in fair value of debt derivative and warrant liabilities 20,174 (6,997 ) 29,115 (2,241 ) Acquisition-related expenses 10,299 19 17,100 211 Amortization of acquired intangibles 1,164 607 2,706 2,083 Workforce reductions 241 — 1,518 265 Shareholder matters 181 (3,508 ) 4,240 (3,265 ) Asset impairment — 1,592 — 1,592 Non-GAAP net income $ 24,786 $ 12,312 $ 70,646 $ 29,259 GAAP net loss per share, basic and diluted 1 $ (0.21 ) $ (0.04 ) $ (0.36 ) $ (0.34 ) Non-GAAP net income per share, basic and diluted 1 $ 0.16 $ 0.09 $ 0.47 $ 0.21 (1) For the three months ended October 31, 2024 and 2023, GAAP and Non-GAAP net (loss) income per share are calculated based upon 152.3 million and 141.5 million basic and diluted weighted-average shares of common stock, respectively. For the nine months ended October 31, 2024 and 2023, GAAP and Non-GAAP net (loss) income per share are calculated based upon 149.5 million and 138.8 million basic and diluted weighted-average shares of common stock, respectively. Adjusted Free Cash Flow Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Reconciliation of adjusted free cash flow: Net cash provided by (used in) operating activities (GAAP) $ 22,408 $ (55,657 ) $ 66,710 $ (35,676 ) Add: Acquisition-related expenses 5,587 28 7,300 135 Shareholder matters 824 71,377 4,379 72,130 Less: Purchases of property and equipment (3,330 ) (3,075 ) (9,252 ) (6,913 ) Adjusted free cash flow (non-GAAP) $ 25,489 $ 12,673 $ 69,137 $ 29,676 Net cash provided by (used in) investing activities (GAAP) $ 18,999 $ 2,005 $ (51,852 ) $ 97,026 Net cash (used in) provided by financing activities (GAAP) $ (1,295 ) $ 145,899 $ 6,306 $ 151,626 View source version on businesswire.com : https://www.businesswire.com/news/home/20241209614914/en/ CONTACT: Investor Relations Contact: Luana Wolk investorrelations@zuora.com 650-419-1377Media Relations Contact: Margaret Juhnke press@zuora.com 619-609-3919 KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SOFTWARE PAYMENTS ACCOUNTING PROFESSIONAL SERVICES TECHNOLOGY ELECTRONIC COMMERCE FINTECH OTHER TECHNOLOGY SOURCE: Zuora, Inc. Copyright Business Wire 2024. PUB: 12/09/2024 04:10 PM/DISC: 12/09/2024 04:08 PM http://www.businesswire.com/news/home/20241209614914/enIran restores access to WhatsApp and Google Play after they were banned amid protestsAnalyzing Oxford Instruments (OTCMKTS:OXINF) & Everspin Technologies (NASDAQ:MRAM)
used to be something only hair stylists knew about, but these days anyone who has ever dealt with damaged tresses had heard of this iconic treatment. It's famous for repairing the bonds within your hair to help counteract all the torture we put it through: bleaching, coloring, heat styling and chemical treatments. Unfortunately, this miracle worker can cost a pretty penny, which is how became a social media sensation. Fans says this treatment rivals Olaplex at a fraction of the cost. And now it's even more affordable, down to $8 and change. This serum uses soy protein extract, ceramides and pig-derived collagen to replenish dry, damaged strands. A 3.3-ounce costs $30, and can be even pricier if you get the in-salon version. In comparison, a mere $8 for (down from $9) means you can buy nearly of these 3.4-ounce bottles for the price of one brand-name treatment. Not bad at all for a top seller with thousands upon thousands of fans. The Amazon No. 1 bestselling is no stranger to TikTok fame — #elizavecca has tens of millions of views on the app — but thanks to a video posted by TikTok user @abbeyyung, the treatment started trending all over again. What makes it so special? is a protein treatment, which is especially nourishing for hair with heat or bleach damage. It uses keratin and pig collagen to tackle dry strands and frizz, plus shoppers have reported less hair loss and breakage when using the serum. It's so easy to incorporate into your routine too: Dry your hair with a towel after shampooing, and apply the serum to your hair. Leave it on for up to 20 minutes, then rinse. It's not just the super-low price that's converting Olaplex shoppers into fans — some say it works even better than the expensive treatment. Pros 👍 "I've been using the Elizavecca Cer-100 Collagen Coating Hair Protein Treatment for quite some time, and it has become my go-to product for maintaining the health of my hair," shared . "As someone who frequently colors and bleaches my hair, I’ve tried various repair treatments, including Olaplex, K-18, and Boldplex. While all of them have improved my hair's quality, this protein treatment stands out as my favorite." Wrote who purchased a tube over six times: "This is a miracle product. Works better than Olaplex. My hair is soft and shiny and my curls are bouncy with no frizz. I just add some of this to my conditioner when I wash my hair and it always comes out looking great! The smell is really nice too, and what a lovely price!" "Magic in a bottle," said "My hair has never felt so soft, silky and shiny. Whenever I let it air dry it tends to go frizzy but not with this! It's an amazing product. I only wish it came in a bigger size. Love it so much I already bought a second even though I'm not halfway through the first bottle." Cons 👎 "I have very long hair so the only con is that the bottle is quite small and I will have to repurchase more often, but luckily, the price is great. I hope they make a value size one day!" noted . agreed, "My hair is long and requires a decent amount, and the bottle is pretty small... but at this price point, I’m okay with having to buy it regularly." Olaplex who? This treatment offers a way more economical alternative to the famous hair line, fans say. If you have , you’ll get free shipping, of course. Not yet a member? No problem. . (And by the way, those without still get free shipping on orders of $35 or more.)Kinross Gold Corp. stock remains steady Wednesday, underperforms market
BOZEMAN — For the first time in program history, the Montana State football team finished a regular season unbeaten. The No. 2-ranked Bobcats improved to 12-0 overall (8-0 in Big Sky Conference play) with a 34-11 win over No. 9 Montana (8-4, 5-3) in the 123rd Brawl of the Wild on Saturday afternoon at Bobcat Stadium. The victory gave MSU the outright Big Sky title and most likely secured a top-two seed in the FCS playoffs. It’s the first outright conference championship for the Cats since 1984. MSU is credited with a solo Big Sky title in 2011, although it initially shared it with UM before the NCAA vacated several UM wins due to extra benefits. MSU opened Saturday's game with a 14-play, 75-yard drive that Tommy Mellott capped with a 5-yard touchdown run. The home team has now scored first in six straight Brawls, and the home team has won each of the last five Cat-Griz games by at least 19 points. After both teams traded punts, UM got to MSU’s 25-yard line on a 21-yard run from Xavier Harris. The Grizzlies settled for a 47-yard field goal after an Eli Gillman run for no gain, a false start and an incomplete pass caused by pressure from McCade O’Reilly and Rylan Ortt. On the next drive, Mellott completed a 35-yard TD pass to Rohan Jones on third and 8 to put the Cats ahead 14-3 with about 10 minutes left in the first half. MSU’s Myles Sansted put MSU up 17-3 with a 27-yard field goal at the 1-minute, 40-second mark. UM turned it over on downs with 25 seconds on the clock. MSU set up a 49-yard field goal attempt five plays later, and Sansted drilled it as time expired to give the Cats a 20-3 halftime lead. It’s the longest field goal MSU has made since a 50-yarder from Blake Glessner against William & Mary in the 2022 FCS quarterfinals. Both teams opened the second half with punts. The Griz stuffed Mellott on 4th and 1 at the 5:14 mark, but they went three and out on the next drive after Sawyer Racanelli couldn’t hold onto a 28-yard pass from Logan Fife. MSU went up by 24 points on the next drive, thanks to an 88-yard run from Adam Jones. The Missoula Sentinel grad scored on a 3-yard TD run. The Cats led 27-3 going into the fourth quarter, two seasons after they held a 41-7 lead over UM in Bozeman through three quarters. The Griz scored their only TD of the game with 11:02 left. Eli Gillman scored from 1 yard out and Fife completed a two-point pass to Racanelli after a 17-yard pass to Aaron Fontes on fourth and 8. MSU took a 34-11 lead with 4:49 left on a 2-yard TD run from Adam Jones, who finished with 197 rushing yards. The Cats out-gained the Griz 420 to 234 in total yards, including 326 to 117 on the ground.AP Trending SummaryBrief at 6:02 p.m. ESTNEW YORK (AP) — Remember what you searched for in 2024? Google does. Google released its annual “Year in Search” on Tuesday, rounding up the top trending queries entered into its namesake search engine in 2024. The results show terms that saw the highest spike in traffic compared to last year — ranging from key news events, notably global elections , to the most popular songs, athletes and unforgettable pop-culture moments that people looked up worldwide. Sports — particularly soccer and cricket — dominated Google's overall trending searches in 2024. Copa América topped those search trends globally, followed by the UEFA European Championship and ICC Men's T20 World Cup . Meanwhile, the U.S. election led news-specific searches worldwide. Queries about excessive heat and this year's Olympic Games followed. U.S. President-elect Donald Trump topped searches in Google's people category this year — followed by Catherine, Princess of Wales , U.S. Vice President Kamala Harris and Algerian boxer Imane Khelif , who also led athlete-specific searches. Meanwhile, the late Liam Payne , Toby Keith and O.J. Simpson led search trends among notable individuals who died in 2024. In the world of entertainment, Disney and Pixar's “Inside Out 2” was the top trending movie of the year, while Netflix's “Baby Reindeer” led TV show trends. And Kendrick Lamar’s “Not Like Us” dominated song trends. That's just the tip of the iceberg. Queries for the Olympic village's chocolate muffin , made famous by Norwegian swimmer Henrik Christiansen over the summer games, led Google's global recipe trends this year. The New York Times' “Connections” puzzle topped game searches. And in the U.S., country-specific data shows, many people asked Google about online trends like the word “demure” and “ mob wife aesthetic .” You can find more country-specific lists, and trends from years past , through Google’s “Year in Search” data published online . The California company said it collected 2024 search results from Jan. 1 through Nov. 23 of this year. Google isn't the only one to publish an annual recap or top trends as 2024 draws to a close. Spotify Wrapped , for example, as well as Collins Dictionary and Merriam-Webster’s words of the year, have offered additional reflections for 2024. Copyright 2024 The Associated Press . All rights reserved. This material may not be published, broadcast, rewritten or redistributed. READ:
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NonePASADENA, Calif. , Dec. 9, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that its Board of Directors declared a quarterly cash dividend of $1.32 per common share for the fourth quarter of 2024. The dividend is payable on January 15, 2025 to stockholders of record on December 31, 2024 . The common stock dividend for the year ending December 31, 2024 of $5.19 per common share represents an increase of 23 cents , or 5 percent, over the year ended December 31, 2023 . The dividend allows the company to share its continued high-quality, strong and increasing net cash provided by operating activities with its common stockholders while retaining a significant portion for reinvestment into its pipeline of new Class A/A+ development and redevelopment projects. For the five-year period ending December 31, 2024 , the company expects to generate for reinvestment an aggregate $2.1 billion of net cash provided by operating activities after dividends. 1 Additionally, its dividend payout ratio (quarterly common stock dividends divided by quarterly funds from operations) remains favorably low at 55 percent for the three months ended September 30, 2024. Growth in the company's net cash provided by operating activities continues to generate opportunities to increase the company's quarterly cash dividend per common share while maintaining a low FFO payout ratio. 1 Net cash provided by operating activities after dividends (i) excludes timing differences such as changes in operating assets and liabilities and (ii) includes deductions for distributions to the company's consolidated real estate joint venture partners. Amount represents the years ended December 31, 2020 through 2023 and the midpoint of the company's 2024 guidance range as provided on October 21, 2024. About Alexandria Real Estate Equities, Inc. Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500 ® company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche with our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator and developer of collaborative Megacampus TM ecosystems in AAA life science innovation cluster locations, including Greater Boston , the San Francisco Bay Area , San Diego , Seattle , Maryland , Research Triangle and New York City . For more information, please visit www.are.com . This press release includes "forward-looking statements" within the meaning of the federal securities laws. Actual results might differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in the company's Annual Report on Form 10-K and other periodic reports filed with the Securities and Exchange Commission. CONTACT: Sara Kabakoff , Senior Vice President – Chief Content Officer, (626) 788-5578, skabakoff@are.com View original content to download multimedia: https://www.prnewswire.com/news-releases/alexandria-real-estate-equities-inc-declares-cash-dividend-of-1-32-per-common-share-for-4q24--an-increase-of-2-cents-over-3q24--and-an-aggregate-of-5-19-per-common-share-for-2024--an-increase-of-23-cents-or-5-percent-over-20--302326267.html SOURCE Alexandria Real Estate Equities, Inc. Best trending stories from the week. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. You may occasionally receive promotions exclusive discounted subscription offers from the Roswell Daily Record. Feel free to cancel any time via the unsubscribe link in the newsletter you received. You can also control your newsletter options via your user dashboard by signing in.