Financial Data and Key Metrics Changes - Total revenue for Q1 reached $33.3 million, up 12% year over year, excluding revenues from certain low-margin products, indicating a recovery in business momentum [3][11] - GAAP net profit for the quarter was $400,000, representing a 1.2% net income margin, a significant turnaround from a net loss margin of 28.7% in Q1 last year [16][17] - Operating cash flow was $17.6 million in Q1 compared to negative $6.5 million last year, reflecting improved financial health [17] Business Line Data and Key Metrics Changes - Core revenues reached $18.6 million in Q1, growing 17.7% year over year, driven by market expansion in high-potential verticals like live shopping and entertainment [12] - Shunlong revenues were RMB 105.5 million in Q1, with a year-over-year growth of 6.7%, although it declined 13.7% sequentially due to seasonal factors [12][13] - The net retention rate improved to 96% for Agora and 85% for Shunlong, indicating better customer retention [13] Market Data and Key Metrics Changes - The growth rate in the U.S. and global markets is around 18% to 20%, with increasing adoption of live video-based shopping and entertainment apps, particularly in North America and Europe [28][30] - Demand recovery is noted in Asian markets, including India, for both education and entertainment use cases [30] Company Strategy and Development Direction - The company is focusing on conversational AI, particularly in education, IoT, and customer service sectors, which are seen as key growth drivers [25][26] - The strategy includes maximizing penetration in live commerce and improving video quality for better customer experiences [35] - The company aims to maintain profitability while investing in future growth opportunities, including share repurchase programs [18][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining GAAP profitability for the remainder of the year, supported by current business momentum [4][17] - The competitive landscape in China is consolidating, with fewer players remaining, which may enhance the company's market position [46][48] Other Important Information - The company launched a Conversational AI Device Kit, enabling manufacturers to integrate conversational AI into IoT devices, which could reduce R&D costs and time to market [7] - The open-source project for building real-time conversational AI agents is gaining traction, with significant support from leading cloud providers [8] Q&A Session Summary Question: What are the key areas for AI application? - Management highlighted education, IoT, and customer service as the most active use cases for AI applications [25][26] Question: What is the demand trend for China and overseas business? - Management noted a solid demand recovery in the U.S. and global markets, with stable pricing trends in developed markets [28][30] Question: What is the strategy for overseas e-commerce platforms? - The company is focusing on maximizing penetration in live commerce and improving video quality for better user experiences [35] Question: What is the timing for massive adoption of conversational AI? - Management indicated that the tipping point for adoption will depend on the maturity of product-market fit across various verticals [40][42] Question: How is the competitive landscape in China affecting pricing trends? - The competitive landscape is consolidating, with fewer players, and the company is focusing on higher value use cases to maintain margins [46][49]

Financial Data and Key Metrics Changes - Total revenue in Q1 2025 reached $33.3 million, up 12% year over year, excluding revenues from certain low-margin products [3][11] - GAAP net profit for the quarter more than doubled from the previous quarter, marking the second consecutive quarter of GAAP profitability [4][15] - Operating cash flow was $17.6 million in Q1, compared to negative $6.5 million last year [16] - Gross margin for Q1 was 68%, with an increase of 0.6% year over year and 1.4% quarter over quarter [13] Business Line Data and Key Metrics Changes - Core revenues reached $18.6 million in Q1, growing 17.7% year over year [12] - Shunlong revenues were RMB 105.5 million in Q1, with a year-over-year growth of 6.7% [12] - The base net retention rate improved to 96% for Agora and 85% for Shunlong [12] Market Data and Key Metrics Changes - Growth rate in the US and global markets is around 18% to 20%, with increasing adoption of live video-based shopping and entertainment apps, particularly in North America and Europe [26][28] - Demand recovery is observed in Asian markets, including India, for both education and entertainment use cases [28] Company Strategy and Development Direction - The company is focusing on conversational AI, particularly in education, IoT, and customer service sectors [24][25] - The launch of the Conversational AI Device Kit aims to enable device manufacturers to integrate conversational AI into various IoT devices [7] - The company is committed to maintaining profitability while investing in future growth opportunities through share repurchase programs [17][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining GAAP profitability throughout 2025, supported by current business momentum [4][16] - The company anticipates a revenue range of $33 million to $35 million for Q2 2025, reflecting a year-over-year growth rate of 6.8% to 13.3% [18] Other Important Information - The conversational AI engine launched in March is expected to unlock innovation across multiple verticals, particularly in education [6] - The company has seen record-high product registrations and inquiries following recent product launches [9] Q&A Session Summary Question: AI demand and future growth drivers - Management highlighted key use cases for AI applications, including education, IoT, and customer service [24][25] Question: Breakdown of China and overseas business demand trends - Management noted a growth rate of about 18% in the US and global markets, with demand recovery in Asian markets [26][28] Question: Overseas e-commerce business strategy - Management discussed ongoing efforts to penetrate the live commerce space and improve video quality for better customer experience [33] Question: Shifts in downstream demand for AI-powered interaction capabilities - Management emphasized the importance of product market fit for various verticals to achieve growth [40][41] Question: Timing for massive adoption of conversational AI - Management indicated that the tipping point for adoption will depend on the maturity of product market fit across different use cases [40][41] Question: Competitive landscape in China and pricing trends - Management acknowledged the competitive nature of the Chinese market but noted a trend towards consolidation among major players [44][46]

Core Viewpoint - Agora, Inc. reported its second consecutive quarter of GAAP profitability in Q1 2025, driven by disciplined cost management and double-digit revenue growth year-over-year, excluding certain end-of-sale products [2][4]. Financial Performance - Total revenues for Q1 2025 were $33.3 million, a 0.8% increase from $33.0 million in Q1 2024 [4]. - Agora's revenues were $18.6 million, up 17.7% from $15.8 million in the same period last year, attributed to business expansion and growth in sectors like live shopping [4]. - Shengwang's revenues were RMB105.5 million ($14.7 million), down 13.9% from RMB122.6 million ($17.2 million) in Q1 2024, mainly due to a decline in revenues from certain end-of-sale products [4]. Cost Management - Cost of revenues decreased to $10.6 million, down 16.9% from $12.8 million in Q1 2024, primarily due to the end-of-sale of certain products [5]. - Gross profit increased to $22.6 million, an 11.9% rise from $20.2 million in the same period last year, with a gross margin of 68.0%, up 6.8% from 61.2% [6]. Operating Expenses - Operating expenses were $26.5 million, a decrease of 20.5% from $33.3 million in Q1 2024 [7]. - Research and development expenses were $14.0 million, down 22.7% from $18.1 million in the same period last year [17]. - Sales and marketing expenses decreased to $6.2 million, an 8.5% reduction from $6.8 million [17]. - General and administrative expenses were $6.2 million, down 25.6% from $8.4 million [17]. Profitability Metrics - Net income for Q1 2025 was $0.4 million, compared to a net loss of $9.5 million in Q1 2024 [11]. - Loss from operations was $3.7 million, improved from a loss of $12.6 million in the same period last year [9]. Cash Flow and Financial Position - Total cash, cash equivalents, and financial products as of March 31, 2025, amounted to $388.0 million [4]. - Net cash provided by operating activities was $17.6 million, compared to a net cash used of $6.5 million in Q1 2024 [4]. Share Repurchase Program - The company repurchased approximately 1.2 million Class A ordinary shares for about $1.2 million during Q1 2025, representing 0.6% of its $200 million share repurchase program [13]. - As of March 31, 2025, the company had repurchased approximately 131.8 million Class A ordinary shares for about $116.4 million, representing 58.2% of its share repurchase program [14]. Future Outlook - The company expects total revenues for Q2 2025 to be between $33 million and $35 million, compared to $30.9 million in Q2 2024, excluding revenues from certain end-of-sale low-margin products [16].

Core Viewpoint - Needham analyst Joshua Reilly maintains a Buy rating on Twilio (TWLO) with a price target of $125, expressing positive sentiment after attending the Twilio Signal customer conference, highlighting increased product usage and favorable customer feedback [1][2]. Group 1: Company Performance and Strategy - Reilly noted an increasing pipeline of projects and a more efficient implementation process utilizing AI, which positions Twilio strategically for cross-selling opportunities, particularly with the recent Microsoft partnership [2][4]. - The collaboration with Microsoft enhances Twilio's capabilities in building multi-channel AI agents and improving customer engagement through advanced features like Twilio Agent Copilot [3][7]. - Twilio has addressed many operational challenges over the past 24 months, allowing a stronger focus on product development and customer benefits moving forward [4][9]. Group 2: Product Development and Customer Experience - Twilio is working to streamline the billing process for its services, which currently operate on separate platforms, to improve customer experience and facilitate easier bundling [5][6]. - The company launched several new products at the Signal 2025 event, with Verify and Lookup receiving particularly positive feedback from customers [7][8]. - Discussions with management indicated a projected growth trajectory for voice volumes that could significantly exceed 2024 levels, reflecting sustained optimism among partners and customers [9][10]. Group 3: Financial Projections - Reilly projects fiscal 2025 revenue for Twilio at $4.82 billion and earnings per share (EPS) at $4.45, indicating confidence in the company's financial outlook [10].

BURLINGTON, Mass., May 15, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today announced that the company will participate in two upcoming investor conferences. Live webcasts of the events will be available on the Company's website at www.cerence.ai under the "Investors" section. Replays of the webcasts will be available for 90 days after the events. To learn more about Cerence AI, visit www.cerence.ai, and follow ...

Marchex (MCHX) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Company Participants Trevor Caldwell - Senior Vice President, Strategic Initiatives and Investor RelationsEdwin Miller - Chief Executive OfficerBrian Nagle - SVP - Corporate Controller Operator I'll now hand the call over to Trevor Caldwell, Senior Vice President of Investment Relations and Strategic Initiatives. You may proceed. Trevor Caldwell Thank you, Joel. Good afternoon, everyone, and welcome to Marchex's business update and first quarter ...

Marchex (MCHX) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Speaker0 I'll now hand the call over to Trevor Caldwell, Senior Vice President of Investment Relations and Strategic Initiatives. You may proceed. Speaker1 Thank you, Joel. Good afternoon, everyone, and welcome to Marchex's business update and first quarter twenty twenty five conference call. Joining us today are Edgar Miller, our CEO Russ Horowitz, our Chairman of the Board and Brian Nagel, our SVP, Corporate Controller. Before we get started, I ...

LivePerson (LPSN) Q1 2025 Earnings Call May 07, 2025 05:00 PM ET Company Participants Jon Perachio - Vice President, Investor RelationsJohn Sabino - CEOJohn Collins - CFO & COO Conference Call Participants Ryan Macdonald - Senior AnalystMike Latimore - Managing Director & Senior Research Analyst Operator Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to First Quarter twenty twenty five Earnings Conference Call. My name is Jamie and I will be your conference operator today. At this ...

Cerence (CRNC) Q2 2025 Earnings Call May 07, 2025 05:00 PM ET Company Participants Kate Hickman - VP - Corporate Communications & Investor RelationsBrian Krzanich - President & CEOTony Rodriquez - EVP & CFONick Doyle - Vice President Conference Call Participants Daniel Hibshman - Research AnalystMark Delaney - AnalystItay Michaeli - Equity Analyst Kate Hickman Hello, everyone, and welcome to Cerence's second quarter twenty twenty five conference call. I'm Kate Hickman, VP of corporate communications and inv ...

-- Total Revenue of $64.7 million, above the midpoint of our guidance range ---- Adjusted EBITDA above the high-end of our guidance range  --NEW YORK, May 7, 2025 /PRNewswire/ -- LivePerson, Inc. (NASDAQ: LPSN) ("LivePerson" the "Company", "we" or "us"), a leading provider of trusted enterprise conversational AI and outcome-driven digital transformation, today announced financial results for the first quarter ended March 31, 2025.Fourth Quarter HighlightsTotal revenue was $64.7 million for the first quarter ...