For immediate release · NYSE: SLCE
Solace Technologies reports second quarter fiscal 2031 results.
Solace Technologies, Inc. — Seattle, WA — July 28, 2031
Solace Technologies, Inc. (NYSE: SLCE) today reported results for its second fiscal quarter, ended June 30, 2031, marking another period of record family growth and continued investment ahead of a significant second half.
Second quarter operating highlights
· Continuances in service surpassed 40 million, with approximately eleven thousand new Continuances beginning each day at quarter's end.
· Presence™ completed its first full quarter on Memory+, exceeding internal adoption expectations, with Enhancement services attaching at record rates.
· Solace Parlor reached 10 open locations, with 40 additional communities announced for this summer — the company's largest retail expansion to date — and more than four hundred Care roles in hiring and training.
· Clinical legacy partnerships grew past ninety health systems; Companions launched nationwide in April through partner veterinary clinics.
· Pre‑Need membership continued its steady climb across partner clinics, estate planners, and select employers, in its third quarter of general availability.
· The Residuals Program distributed its ninth consecutive quarterly statement cycle to more than four million participating households.
"Families measure us one voice at a time, and the quarter's real result is the same as every quarter's: the promise, kept, forty million times. The second half of the year will be the most important in the company's history, and we come to it from strength." — Katherine Voss, founder and chief executive officer
"Growth was broad-based across plans, retail, and partnerships, with retention at historic highs," said Evan Weller, EVP, Corporate Strategy. "We reaffirm our full-year outlook, and we look forward to sharing more about this fall's launch at the appropriate time."
Conference call and materials
A replay of this morning's results call is available to investors for ninety days at investors' request via ir@solacetechnologies.net. Full financial statements are furnished in the company's quarterly filings. The company expects to report third quarter fiscal 2031 results in late October.
About Solace Technologies, Inc.
Solace is the world's leading remembrance company. Our mission is simple: no one you love is ever gone. Learn more at solacetechnologies.net.
This release contains forward-looking statements, including statements regarding product launches, retail expansion, and full-year outlook. Actual results may differ materially. Solace undertakes no obligation to update any forward-looking statement, except as required by law.
Continuance™, Presence™, "No one you love is ever gone," and "I HAVE FORGOTTEN NO ONE." are trademarks of Solace Technologies, Inc. Additional trademark applications pending.
Investor contact: ir@solacetechnologies.net · Media: press@solacetechnologies.net