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Alliance Entertainment to Host Third Quarter Fiscal Year 2025 Results Conference Call on May 15 at 4:30 p.m. Eastern Time
GlobeNewswire News Room· 2025-05-08 20:51
Company Overview - Alliance Entertainment Holding Corporation (NASDAQ: AENT) is a leading distributor and fulfillment partner in the entertainment and pop culture collectibles industry, offering over 325,000 unique in-stock SKUs, including more than 57,300 exclusive titles across various formats [4] Upcoming Conference Call - The company will hold a conference call on May 15, 2025, at 4:30 p.m. Eastern Time to discuss its third-quarter results for the period ended March 31, 2025 [1][2] - The call will be hosted by CEO Jeff Walker and CFO Amanda Gnecco, followed by a question-and-answer session [2] - A presentation will accompany the call, available during the webcast or via the investor relations section of the company's website [2] Access Information - To access the conference call, participants can use the toll-free dial-in number 1-877-407-0784 or the international dial-in number 1-201-689-8560, with a conference ID of 13753860 [2] - A live broadcast of the call will be available, along with a replay accessible for three hours after the call concludes, lasting until July 15, 2025 [3] Industry Position - Alliance Entertainment serves over 35,000 retail locations and provides e-commerce fulfillment for leading retailers, leveraging its extensive catalog and operational expertise [4] - The company connects collectors and fans to a wide range of products, franchises, and experiences across different formats and generations [4]
The Eastern pany(EML) - 2025 Q1 - Earnings Call Transcript
2025-05-07 14:02
The Eastern Company (EML) Q1 2025 Earnings Call May 07, 2025 09:00 AM ET Company Participants Marianne Barr - Treasurer & SecretaryRyan Schroeder - President & CEONicholas Vlahos - VP & CFORoss Davisson - Chief Investment Officer & Founder Operator morning, everyone, and welcome to The Eastern Company's First Quarter Fiscal Year twenty twenty five Earnings Call. At this time, all participants have been placed on a listen only mode and the floor will be open for questions following the presentation. Please n ...
The Eastern pany(EML) - 2025 Q1 - Earnings Call Transcript
2025-05-07 14:00
Financial Data and Key Metrics Changes - Revenues for the first quarter of 2025 were $63.3 million, a slight decrease from $64.6 million in Q1 2024, representing a 2% decline [5][10] - EBITDA for the quarter was $4.8 million, with earnings per share at $0.31, close to expectations [5] - Gross margin as a percentage of net sales decreased to 22.4% from 23.9% in the prior year, primarily due to higher raw material costs [11] - Net income from continuing operations was $1.9 million or $0.31 per diluted share, down from $2.1 million or $0.34 per diluted share in the previous year [12] - Adjusted net income from continuing operations was $2 million or $0.32 per diluted share, compared to $2.1 million or $0.34 per diluted share for the prior year [12] - Senior net leverage ratio increased to 1.45 from 1.23 at the end of 2024 [13] Business Line Data and Key Metrics Changes - The decline in net sales was primarily due to decreased sales of truck mirror assemblies and truck accessories, offset by increased sales of returnable transport packaging products [10] - The backlog decreased by 9% to $85.9 million compared to $94 million in the previous year, driven by decreased orders in several product categories [10] Market Data and Key Metrics Changes - The medium and heavy-duty truck markets have experienced significant impacts, with a noted softness in build rates expected to continue [19] - The returnable packaging market, particularly in the automotive segment, has been quiet, with a potential for pent-up demand as production shifts back to the U.S. [29][32] Company Strategy and Development Direction - The company plans to enhance strategic growth plans, eliminate bureaucracy, and optimize cash flow in 2025 [8] - Key initiatives include a focus on new product development and a nimble supply chain to adapt to market changes [18][21] - The company is also prioritizing mergers and acquisitions, with a disciplined approach to potential deals [41] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in the marketplace but expressed optimism about the company's positioning and future growth opportunities [5][39] - The company is actively managing tariff impacts and has been able to neutralize some of the effects thus far [40] - There is a belief that the company is currently in a trough and expects a recovery as customers begin to move forward with their programs [30] Other Important Information - The company completed a share buyback program of 200,000 shares and has authorized an additional program for 400,000 shares [6][13] - Leadership transitions have been completed, with a new board member joining who has significant industry experience [7] Q&A Session Summary Question: Outlook for returnable packaging business - Management noted a quiet market in returnable packaging, particularly in automotive, but believes they are well-positioned to capitalize on any future demand as production shifts back to the U.S. [29][30] Question: Gross margin expectations - Management indicated that while gross margins are currently lower, they expect to improve margins through better sales mix and cost management [33][34]
The Eastern pany(EML) - 2025 Q1 - Quarterly Results
2025-05-06 20:32
Financial Performance - Net sales for Q1 2025 decreased by 2% to $63.3 million from $64.6 million in Q1 2024[6] - Adjusted EBITDA from continuing operations for Q1 2025 was $4.6 million, down from $4.8 million in Q1 2024[11] - Net income from continuing operations for Q1 2025 was $1.9 million, or $0.31 per diluted share, compared to $2.1 million, or $0.34 per diluted share in Q1 2024[10] - Net income for the three months ended March 29, 2025, was $1,943,689, a slight decrease from $1,947,572 in the same period of 2024[34] - Earnings per share from continuing operations were $0.31 (basic and diluted), down from $0.34 in the prior year[34] - Adjusted EBITDA from continuing operations for the three months ended March 29, 2025, was $4,616,000, compared to $4,787,000 in the prior year[38] Cost and Margin Analysis - Gross margin as a percentage of net sales decreased to 22.4% in Q1 2025 from 23.9% in Q1 2024 due to higher raw material costs[8] - Selling, general and administrative expenses decreased by $0.8 million, or 8%, in Q1 2025 compared to Q1 2024[9] - The company aims to protect margins and increase market share despite challenging macroeconomic conditions[4] Asset and Liability Management - Total current assets decreased to $109,624,495 from $115,622,751 year-over-year, primarily due to a reduction in cash and cash equivalents[31] - Total liabilities decreased to $111,330,034 from $114,617,348, reflecting a reduction in current liabilities[32] - Cash and cash equivalents at the end of the period were $9,079,444, down from $14,843,530 at the beginning of the period[34] - The company reported a net cash used in operating activities of $(1,848,184) for the three months ended March 29, 2025[34] - Total shareholders' equity increased slightly to $120,999,644 from $120,691,399 year-over-year[32] Strategic Initiatives - The company completed a 200,000-share repurchase program and authorized a new 400,000-share buyback program[7] - The sale of Big 3 Mold's ISBM business unit was completed on April 30, 2025[7] - The company is actively seeking acquisition targets that fit its size and strategic criteria[5] - The company is revamping Big 3 Precision's geographic footprint to improve production and cost efficiency[3] - The company incurred acquisition-related expenses of $21,039 during the quarter[34] Dividend Information - Cash dividends per share remained stable at $0.11 for both periods[34]
Ideal Power to Host First Quarter 2025 Results Conference Call on May 15, 2025 at 10:00 AM Eastern Time
Prnewswire· 2025-05-01 13:20
Core Viewpoint - Ideal Power Inc. is set to hold a conference call on May 15, 2025, to discuss its first-quarter results for the period ending March 31, 2025, with a press release to be issued prior to the call [1]. Group 1: Conference Call Details - The conference call will be hosted by Ideal Power President and CEO Dan Brdar and CFO Tim Burns, followed by a Q&A session for analysts and investors [2]. - Interested participants can access the live conference call by dialing specific numbers for U.S./Canada and international callers, with a recommendation to connect 10 minutes early [3]. - An audio replay of the call will be available for a limited time after the live event [3]. Group 2: Company Overview - Ideal Power is recognized for its patented B-TRAN® bidirectional semiconductor power switch, which offers efficient and eco-friendly energy control solutions across various applications, including electric vehicles and renewable energy [5]. - The B-TRAN® technology provides significant performance enhancements over traditional power semiconductors, reducing conduction and switching losses, as well as operational costs [5].
Ground Magnetic Survey Commences at Electrum's Timok East Copper-Gold Project in Eastern Serbia
Thenewswire· 2025-04-29 06:00
Core Viewpoint - Electrum Discovery Corp. has initiated a ground magnetic survey at the Timok East Copper-Gold Project in eastern Serbia, aimed at refining exploration targets and enhancing understanding of geological systems in the area [1][2]. Project Overview - The Timok East Project encompasses three mineral permits: Bukova Glava, Luka, and Makovište, covering a total area of 123 square kilometers [1]. - The ground magnetic survey will cover 59 square kilometers across the Makovište and Luka licenses, involving 280 line kilometers of data collection [2]. Survey Objectives - The primary goal of the survey is to identify magnetic responses associated with porphyry deposit alteration and magnetite-rich zones within skarn systems [4]. - The survey will help refine the exploration strategy and drill targeting by detecting magnetic signatures of alteration and mineralization [6][7]. - It aims to delineate the shape and extent of intrusive bodies, which are critical for understanding mineralization sources [8]. Data Integration - Magnetic data will be integrated with geological, geochemical, and other geophysical data to enhance exploration targeting [10]. - The survey will also assist in mapping structural features that may influence mineralizing fluid pathways [9]. Company Background - Electrum Discovery Corp. is focused on mineral exploration and development in the Western Tethyan Belt, with two main projects covering 645 square kilometers in Serbia [12]. - The company aims to maximize the value of its mineral projects for stakeholders, including shareholders and the local community [13].
Eastern Bankshares Q1 Earnings: Looking Past Messy Headline Figures
Seeking Alpha· 2025-04-26 14:45
Core Viewpoint - The update focuses on Eastern Bankshares (NASDAQ: EBC) following its first quarter results, emphasizing a long-term, buy-and-hold investment strategy aimed at stocks that can consistently deliver high-quality earnings [1]. Company Summary - Eastern Bankshares is a Boston-based bank that has been analyzed after a seven-month interval since the last report [1]. - The investment approach is biased towards dividend and income stocks, indicating a preference for companies that provide sustainable earnings [1]. Industry Context - The analysis reflects a broader trend within the banking industry, suggesting that the performance of Eastern Bankshares is in line with industry movements [1].
Provenance Gold Commences 2025 Drilling Program at the Eldorado Project in Eastern Oregon
Newsfile· 2025-04-24 09:00
Provenance Gold Commences 2025 Drilling Program at the Eldorado Project in Eastern OregonApril 24, 2025 5:00 AM EDT | Source: Provenance Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the "Company" or "Provenance") is pleased to announce the commencement of the 2025 phase 1 drilling program with the mobilization of an RC drill rig to the Eldorado project, located in Eastern Oregon. The staged drilling campaign will bu ...
eHealth, Inc. to Hold First Quarter 2025 Earnings Call on May 7 at 8:30 a.m. Eastern Time
Prnewswire· 2025-04-23 20:15
AUSTIN, Texas, April 23, 2025 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, today announced that the company plans to release first quarter 2025 financial results on May 7, 2025.The company will hold an earnings conference call beginning at 8:30 a.m. Eastern Time on May 7th to discuss these results. The call will be hosted by eHealth's chief executive officer, Fran Soistman, and eHealth's chief financial officer, John Dolan.Individuals interested in lis ...
Fortuna to release first quarter 2025 financial results on May 7, 2025; Conference call at 12 p.m. Eastern time on May 8, 2025
GlobeNewswire News Room· 2025-04-22 09:00
VANCOUVER, British Columbia, April 22, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) announces that it will release its financial statements and MD&A for the first quarter on Wednesday, May 7, 2025, after the market closes. A conference call to discuss the financial and operational results will be held on Thursday, May 8, 2025, at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and CEO, Luis D. Ganoza, Chief Financial Officer, Cesa ...