Sea (SE) earnings call on Free Fire’s potential… “Given Free Fire’s growing global popularity, we see significant opportunity to provide our community with many kinds of ways to enjoy Free Fire platform, and we continue to invest in building towards a long-lasting global franchise. We are looking forward to a busy calendar of e-sports events towards the end of the year. Free Fire will be hosting the Free Fire Asia championship and Free Fire EMEA inventional at the end of this month. Additionally, the rate of value international championship will be held in the coming weeks. We believe this exciting lineup of e-sports tournaments will further drive engagement across our communities. We are also very focused on growing our global reach and building a games pipeline that ensures we can capture the most promising and valuable long-term trends in online games. Our growing global presence across diverse high-growth markets gives us important local insights and strong local operational capabilities, and our in-house development team is tapping into this as they work on both existing games and new ideas. Moreover, given our proven global track record, we have received more interest from studios team to build strategic relationships with us. As such, our pace of investment in and partnership with game studios worldwide has stand up.”

Home Depot (HD) earnings call on consumer spending maintaining… “Karen, I think most people — and if you looked at what were saying as the year started, everybody believed during 2021 that we’d see a significant shift away from goods back to services as the economic environment opened up as we got our arms around the pandemic. Clearly, we have not seen that. I say that from the standpoint that yes, you’ve seen things like travel and restaurants open up, but the customers continue to spend in the home improvement space. And to date, we have not seen that dramatic shift back that everybody predicted. So we’re going to stay focused. We think that the underlying factors for the home improvement industry are strong. And we’re going to do everything we can to serve that demand going forward.”

Ozon (OZON) earnings call describing the Russia ecommerce market… “Russian retail market is worth USD 500 billion and represents a huge opportunity in terms of e-commerce. We see strong market fundamentals in GDP per capita, Internet and mobile penetration as precursors to growth in e-commerce penetration, which is currently half of where it should be — where it is in other markets with similar interim penetration. The e-commerce penetration is expected to exceed 20% within total retail by 2025 as e-commerce market grows by 29% on compounded annual growth rate basis until 2025. And we aim to be the key driving force of the transformation of off-line to online shift. Furthermore, we are expanding our total addressable market by entering new geographies such as Belarus and Kazakhstan.”

AvidXchange (AVDX) earnings call on its opportunity ahead… “AvidXchange is a software company that is purpose-built to help middle market companies automate their accounts payable and payment processes. Approximately 42% of U.S. business-to-business payment volume is still paid by using paper checks, and we believe that number of middle market companies manually approving invoices and utilizing paper checks is actually much higher. With that, let me start off by articulating the market opportunity that we see in front of us. We believe that the middle market segment is the largest portion of the overall accounts payable automation and business-to-business payments market. In addition, this large and growing market is facing unique challenges such as: inefficient legacy solutions that are manual and paper intensive; complex integration requirements supporting various vertical industries; unique business process requirements and supporting ERP or accounting software solutions; high cost related to manual and complex accounts payable workflows; and finally, a status quo mindset of traditional long-tenured finance leaders being reluctant to change. As companies continue to automate complex accounts payable workflows and replace paper checks with alternative electronic payment methods, we estimate more than $20 billion in addressable annual revenue opportunities across both accounts payable automation solutions and business-to-business payment transactions for the middle market. In addition to providing B2B payments, we see a large unmet need in supplier financing, which we believe is an additional $20 billion of white space opportunity, bringing our total estimated addressable market to over $40 billion.”

Juniper (JNPR) at Needham Conference on Apstra wins… “So first is the majority of the implementations we are winning are combined Juniper solution with Apstra. So if — our QFX switching portfolio, along with some of the security portfolio and then Apstra, all 3 as a packaged solution. I mean that’s what the biggest wins. Having said that, the new areas we are getting into are data centers we’re not playing today. Whether they have gone with a — by those white box approach or they’ve gone with a competitor approach. Those are the data centers we are playing into. So I would say probably less than 15% to 20% of those new opportunities. But I think the idea there is not large amounts of revenue. It’s basically cap software going there as a control point, establish a footprint there and then pull in hardware revenue. So I think we are still in the early innings there. But I would say, like how many opportunities, probably 10% to 15% of them are these opportunities, which we’re getting where we were not playing their at all before. So it gives the new logos. And in the existing data center opportunities we were playing in, it further strengthens the proposition, right? Because now Apstra is the control point. So even for those large data centers who have multi-vendor approach, we are actually now in pull position to manage the competitor’s equipment.”

Exact Sciences (EXAS) at Jefferies Healthcare Conference on MRD… “I think the MRD, it’s a large market. We think it’s at least a $15 billion market. And I think we’re on the top of the first inning. It’s very early here. While others are further ahead right now, I think we’re well positioned long term to be the leader. And why I say that is because we’re taking a different approach. We’re taking both a tumor-informed approach and a tumor-naive approach, realizing that there may be times when tumor cells or tumor sample is not available for all patients. So on the tumor and form side, we acquired a company called TARDIS early this year. That gives us a custom or patient-specific panel we can use to help create a patient-informed very accurate test when the tumor is available. We think we’re well positioned to be a leader in that part of the market because, take breast cancer for example. In breast cancer, we already received about 50% of all breast tissue in the United States. That’s through our Oncotype franchise.”