Client Decision-MakingShares traded meaningfully lower (-12%) on Tuesday, attributed to commentary surrounding client decision-making delays in April and May combined with elevated investor expectations following the extended run for shares since the company’s April 2024 IPO.
Market CompetitionRisks include operating in a highly competitive market and exposure to geopolitical uncertainty, including potential tariff impacts.
Order VolumeCustomer order volumes through April and May came in weaker than management expected, attributed to broad-based client uncertainty following 'Liberation Day' announcements.