D2L Inc Q2 2024 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Maxim Matushansky - RBC Capital Markets, Research Division - Analyst : I just wanted to touch on the fiscal 2025 targets. Should we assume that's kind of being reiterated? And related to that, do you have better visibility now that we're in September into how you expect fiscal '25 to play out or will it take a few more months or quarters before you get that better visibility?

Question: Maxim Matushansky - RBC Capital Markets, Research Division - Analyst : Got it. Should we expect to see the professional services [tick] up over the next few quarters as a result of the CUNY and USC deals and maybe some of the larger deals or how should we expect the services side to play out?

Question: Maxim Matushansky - RBC Capital Markets, Research Division - Analyst : And maybe can you provide an update on the different segments? I know you noted that you're winning customers, most notably in the higher education. Is corporate still the fastest-growing segment? And then maybe any update on the growth in the corporate and K-12 sides?

Question: Meng Shao - National Bank Financial, Inc., Research Division - Analyst : In terms of your international markets, it seems like that market has been growing at a much higher pace than the North American market. So I'm just curious where you see the trend is going and also the sales mix in international?

Question: Meng Shao - National Bank Financial, Inc., Research Division - Analyst : You have a strong balance sheet. So from a capital allocations perspective, could you give us any updates on your plan to better use the cash on hand?