During fourth-quarter earnings calls, executives in the space industry discussed three levers they are pulling to create business value—sales, operating efficiency and investment. Quarterly sales expanded in the sector, benefiting from increased global demand. At the same time, companies improved ... READ MORE >
Business and professional services
Marketing and advertising firms look to provide more value
During fourth-quarter earnings calls for several of the major players in the marketing and advertising space, companies addressed the need to get their houses in order by fully embracing and using artificial intelligence (AI). Firms are striving to become more operationally efficient and enhance their ... READ MORE >
Q3 earnings roundup: Defense tech companies take balanced approach
Defense technology companies continue to face headwinds due to inflationary pressures, increased interest rates and supply chain disruptions. But demand is increasing due to geopolitical risks and national security concerns. During third-quarter earnings calls, defense tech executives highlighted their ... READ MORE >
Space companies leverage new strategies
During third-quarter earnings calls, space executives discussed the use of artificial intelligence (AI) as a critical component of satellite and imagery technology. Solutions are needed at the speed of AI to maintain U.S. tactical prowess against adversarial countries. Rising interest rates had ... READ MORE >
Government services companies strive for innovation
During third-quarter earnings calls, executives in the government services ecosystem addressed the common challenge of how to navigate an increasingly competitive landscape. These calls, transcripts of which were provided by Bloomberg, addressed a wide variety of topics. However, three broad themes ... READ MORE >
CMOs looking to invest in emerging technologies, survey finds
An improved economic environment has led most chief marketing officers to double down on investment and optimization strategies, according to Dentsu's Fall 2023 CMO Navigator. This is in line with RSM’s business services industry outlook, which focuses on companies’ ability to keep up with emerging ... READ MORE >
How a government shutdown affects contractors
We have been here before—a possible government shutdown. The good news is that government contractors are now resilient to these events, and most have contingency plans in place. But those new to government contracting need to develop a robust plan. How we got here Congress must enact appropriations ... READ MORE >
“Future lunar economy” has companies running a new space race
During second-quarter earnings calls, space company executives discussed the market expansion that the new space race is driving. Governments and the private sector are investing in projects to secure rare metals and resources found on the moon, which can be used in new technology and further sustainable ... READ MORE >
Temporary staffing continues to decline
August marked the third straight month that temporary U.S. employment declined, falling by 6.1% year-over-year. This is the largest year-over-year decline in the past eight years, excluding April 2020 to December 2020, which was the height of the pandemic. Total employment increased 2% year-over-year ... READ MORE >
Government services companies focus on new ideas
During second-quarter earnings calls, government services company executives stressed that modern solutions are required to meet evolving technological threats. Generative AI continues to drive excitement and intrigue as companies jockey for competitive advantage in a crowded marketplace. Uncertainty ... READ MORE >