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Evolving Systems: Q4 Earnings Snapshot


Evolving Systems: Q4 Earnings Snapshot
March 17, 2021
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ENGLEWOOD, Colo. (AP) Evolving Systems Inc. (EVOL) on Wednesday reported fourth-quarter net income of $587,000, after reporting a loss in the same period a year earlier.
On a per-share basis, the Englewood, Colorado-based company said it had net income of 5 cents. Earnings, adjusted for one-time gains and costs, were 7 cents per share.
The provider of software services to the wireless, wire-line and cable markets posted revenue of $7 million in the period.
For the year, the company reported net income of $643,000, or 5 cents per share, swinging to a profit in the period. Revenue was reported as $26.4 million. ....

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Incremental Risk Minimization Algorithm


Incremental Risk Minimization Algorithm
Incremental Regression with Polynomials ↑
Incremental (or on-line) learning regression is the process of adapting a model one example at a time without accumulating a batch of data. It has the advantages of allowing continuous adaptation to non-stationary environments, easily handling big data through stream processing, and a fixed low computation and memory demand.
The easiest solution is to perform a gradient descent on a squared error metric with each new training example. But this solution does not work well for complex model structures. Especially, the influence of a non-linear transformation of the inputs through a fixed model structure has long been an open problem. During my PhD I worked on an approach which is able to deal with a broad class of non-linear model structures. Its emphasis is on minimizing the effect of local training examples on changes of the global model. Thus, it yields a robust behavio ....

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