COSTA MESA, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- El Pollo Loco Holdings, Inc. ("El Pollo Loco" or the "Company") (NASDAQ:LOCO) announced today that its Board of Directors has appointed Elizabeth ("Liz") Williams as the Company's new Chief Executive Officer and as a member of its Board of Directors, effective March 11, 2024. Ms. Williams will succeed Maria Hollandsworth, who has served as the Company's interim Chief Executive Officer since November 3, 2023. Ms. Hollandsworth has been appointed as Presid ...

Financial Data and Key Metrics - Revenue for Q3 2023 was $59.6 million, a 22% increase YoY [83] - Contribution ex TAC for Q3 was $39.1 million, also a 22% increase YoY and 16% higher than Q2 [83] - Non-GAAP net income for Q3 was $7.6 million, compared to a non-GAAP net loss of $4.4 million in the prior year period [61] - Adjusted EBITDA for Q3 was $9.7 million, a significant increase from the prior year period [86] - Revenue per employee increased by 32% in Q3, indicating improved organizational efficiency [60] - Q4 2023 revenue is expected to be in the range of $64 million to $67 million, representing a 20% YoY increase at the midpoint [62] Business Line Data and Key Metrics - Connected TV (CTV) represented more than 1/3 of total ad spend on the platform in Q3, retaining its status as the fastest-growing channel [59] - Over 25% of CTV spend in Q3 was through Direct Access publishers, a figure that continues to grow [81] - Video, including mobile video and CTV, accounted for well over half of the spend on the platform during the quarter [43] - Streaming audio experienced strong double-digit growth in Q3 [85] - Advertiser spend per active customer increased 11% on a trailing 12-month basis [85] Market Data and Key Metrics - The company is benefiting from the ongoing migration of approximately $60 billion of linear television advertising moving into connected TV [28] - The company's Household ID technology is available on over 85% of all ad requests, enabling addressable advertising and attribution in a cookieless environment [36] - The company's Direct Access program is focused on CTV, providing a more cost-efficient direct path to premium inventory [70][81] Company Strategy and Industry Competition - The company is leveraging AI to develop the most advanced DSP in the market, focusing on simplifying and automating the platform to expand its addressable market [37][38] - The company's AI Bid Optimizer solution has seen strong adoption, with over half of customers utilizing it and achieving an average savings of 35% on CPMs [50][51] - The company is focusing on mid-market advertisers, offering best-in-class products supported by industry-leading AI to win larger shares of budgets [28][79] - The company is well-positioned to benefit from Google's deletion of cookies in 2024, with its Household ID technology offering a scalable and proven solution [76] Management Commentary on Operating Environment and Future Outlook - The company sees a number of favorable drivers for the business, including the ongoing shift from linear TV to CTV and the application of AI [28][35] - The company expects to continue its momentum in Q4, benefiting from the stabilization in the U.S. advertising environment [46] - The company believes that the deletion of cookies by Google will accelerate the growth of ad spend flowing through its platform [76] - The company is confident in the sustainability of its progress, driven by the substantial role of AI in enhancing productivity [60] Other Important Information - The company ended Q3 with $203 million in cash and cash equivalents, $227 million of positive working capital, and no debt [87] - The company has access to a $75 million undrawn credit facility, providing a solid financial foundation [87] - The company's Rule of 40 metric was 47% in Q3 and is expected to increase to 52% in Q4 based on the midpoint of guidance [63] Q&A Session Summary Question: Impact of customer count decline and traction with mid-market agencies [3] - The company is focusing on mid-market customers, with solutions around CTV, Direct Access, and measurement driving new customer acquisition and growth [92] Question: Impact of cookie deletion and positioning of the sales force [14] - The company's Household ID technology is well-positioned to handle the signal loss due to cookie deletion, with no disruption expected [11] - The company is discussing the topic with brands and agencies, focusing on measurement solutions to drive customer adoption [14] Question: Monthly progression of the quarter and impact of Middle East conflict on CTV trends [17] - The quarter saw steady growth, with the last month being the biggest, and no significant impact from the Middle East conflict [126] Question: CTV growth potential with Direct Access adoption [127] - Direct Access is expected to continue growing, with over 25% of CTV spend already through the program, driven by financial and operational efficiencies [128] Question: Impact of AI tools on the P&L [107] - AI tools like Bid Optimizer are both revenue drivers and differentiators, helping to win incremental business and increase contribution ex TAC [107] Question: Tailoring go-to-market strategy for novice users [96] - The company is focusing on simplifying the platform and making it more accessible, particularly for mid-market and SMB customers [113] Question: Behavior of Household ID technology with potential IP signal loss [99] - The company's Household ID technology is not tied to IP addresses but to physical household data points, making it resilient to IP signal loss [11]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_______to_______ Delaware 85-3447553 (I.R.S. Employer Identification No.) 2722 Michelson Drive, Suite 100 Securities registered pursuant to Section 12(b) of the Act: ...

Note: Contribution ex-TAC, non-GAAP operating expenses, adjusted EBITDA, and adjusted EBITDA as a percentage of contribution ex-TAC are non-GAAP financial measures. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures are available in the appendix. (1) As a percentage of contribution ex-TAC. | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------- ...

Viant Technology Inc. (NASDAQ:DSP) Q2 2023 Earnings Conference Call August 7, 2023 5:00 PM ET Company Participants Ben Tapper - Investor Relations Tim Vanderhook - Co-Founder and CEO Chris Vanderhook - Co-Founder and COO Larry Madden - Chief Financial Officer Conference Call Participants Maria Ripps - Canaccord Laura Martin - Needham Andrew Boone - JMP Andrew Marok - Raymond James Jason Kreyer - Craig-Hallum Chris Kuntarich - UBS Operator Hello, everyone. And welcome to Viant’s Second Quarter 2023 Earnings ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_______to_______ Commission File Number: 001-40015 ________________________________________________________________________________________________________________________ ...

Viant Technology Inc. (NASDAQ:DSP) Q1 2023 Results Conference Call May 8, 2023 5:00 PM ET Company Participants Nicole Kunzman - IR, The Blueshirt Group Tim Vanderhook - Co-Founder and Chief Executive Officer Chris Vanderhook - Co-Founder and Chief Operating Officer Larry Madden - Chief Financial Officer Conference Call Participants Maria Ripps - Canaccord Laura Martin – Needham Andrew Boone - JMP Andrew Marok - Raymond James Jason Kreyer - Craig Hallum Chris Kuntarich - UBS Operator Hello, everyone. And wel ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_______to_______ Commission File Number: 001-40015 _______________________________________________________________________________________________________________________ ...

Viant Technology Inc. (NASDAQ:DSP) Q4 2022 Earnings Conference Call March 2, 2023 5:00 PM ET Company Participants Nicole Borsje - IR, The Blueshirt Group. Tim Vanderhook - Co-Founder and CEO Chris Vanderhook - Co-Founder and COO Larry Madden - Chief Financial Officer Conference Call Participants Nat Schindler - Bank of America Laura Martin - Needham & Company Andrew Boone - JMP Maurizio Munoz - Raymond James Cal Bartyzal - Craig-Hallum Chris Kuntarich - UBS Operator Hello, everyone. And welcome to Viant’s F ...

FISCAL YEAR 2022 ANNUAL FINANCIAL REPORT UNITED STATES ________________________________________________ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________to__________ Commission File Number: 001-40015 ____________________________ ...