5 unchanged sentences
dollar value of the Company’s reported revenues, expenses, earnings, assets and liabilities.
−Removed: For the three months ended March 31, 2024, approximately 22.6% of the Company’s revenues were generated outside of the U.S.
+Added: For the six months ended June 30, 2024, approximately 22.3% of the Company’s revenues were generated outside of the U.S.
These operations transact business in their functional currency, which is the same as their local currency.
5 unchanged sentences
dollar changes relative to the currencies of the Company’s international markets, the Company’s reported results vary.
−Removed: During the first three months of 2024, the U.S.
−Removed: dollar fluctuated, and generally weakened, against the primary currencies in which the Company conducts business, compared to one year ago.
−Removed: Foreign currency exchange rates had the effect of increasing reported service revenues by $1.7 million, or 0.1%, in the first quarter of 2024 compared to the same period one year ago.
−Removed: The general weakening of the U.S.
+Added: During the first six months of 2024, the U.S.
+Added: dollar fluctuated, and generally strengthened, against the primary currencies in which the Company conducts business, compared to one year ago.
+Added: Foreign currency exchange rates had the effect of decreasing reported service revenues by $4.2 million, or 0.1%, in the first half of 2024 compared to the same period one year ago.
+Added: The general strengthening of the U.S.
dollar also affected the reported level of expenses incurred in the Company’s international operations.
Because substantially all the Company’s international operations generated revenues and incurred expenses within the same country and currency, the effect of lower reported revenues is largely offset by the decrease in reported operating expenses.
−Removed: Reported net income was $0.1 million, or 0.1%, lower in the first quarter of 2024 compared to the same period one year ago due to the effect of currency exchange rates.
−Removed: If currency exchange rates were to remain at March 31, 2024 levels throughout the remainder of 2024, the currency impact on the Company’s full-year reported revenues and operating expenses would be consistent with the first quarter of 2024 results.
+Added: Reported net income was $0.1 million, or 0.1%, lower in the first half of 2024 compared to the same period one year ago due to the effect of currency exchange rates.
+Added: If currency exchange rates were to remain at June 30, 2024 levels throughout the remainder of 2024, the currency impact on the Company’s full-year reported revenues and operating expenses would be consistent with the first half of 2024 results.
Should current trends continue, the impact to reported net income would be immaterial.
−Removed: For the one month ended April 30, 2024, the U.S.
−Removed: dollar has strengthened against the primary currencies in which the Company conducts business since March 31, 2024.
−Removed: If foreign currency exchange rates were to remain at April 2024 levels throughout 2024, the currency impact on the Company’s full-year reported revenues would be unfavorable, offset by a favorable impact on operating expenses.
−Removed: These results will likely have an immaterial impact on reported net income.
Fluctuations in foreign currency exchange rates impact the U.S.
2 unchanged sentences
dollars at the exchange rates in effect at period end.
−Removed: The resulting translation adjustments are recorded in stockholders’ equity as a component of accumulated other comprehensive (income) loss.
+Added: The resulting translation adjustments are recorded in stockholders’ equity as a component of accumulated other comprehensive loss.
Although currency fluctuations impact the Company’s reported results and shareholders’ equity, such fluctuations generally do not affect cash flow or result in actual economic gains or losses.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.