Overview

* NRC Q2 TRCV grows 2% sequentially, marking third consecutive quarter of growth

* Adjusted EBITDA margin stable at 30% despite non-recurring executive compensation

* Company repurchased 381,736 shares, returning $16.1 mln to shareholders

Result Drivers

* TRCV GROWTH - 2% sequential increase in TRCV, driven by improved new logo sales, cross-sells, and customer retention

* SALES TEAM STRENGTH - Stronger sales team and resonating product portfolio credited for improved customer retention

* COST CONTROL - Adjusted EBITDA margin stable at 30% due to cost control initiatives and higher revenue per FTE

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $34.04

Revenue mln

Q2 $0.28

Adjusted

EPS

Q2 EPS -$0.01

Q2 Net -$106,00

Income 0

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)