Gannett (GCI) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Company Participants Matt Esposito - Head - IRMike Reed - Chairman and CEOKristin Roberts - President & Chief Content OfficerTrisha Gosser - CFOGiuliano Bologna - Managing DirectorMatthew Condon - Director Equity Research - Internet & Digital Media Operator note this conference is being recorded. I will now turn the conference over to your host, Matt Esposito, Head of Investor Relations. You may begin. Matt Esposito Thank you. Good morning, everyo ...

Insight Enterprises (NSIT) Q1 2025 Earnings Call May 01, 2025 09:00 AM ET Speaker0 I will now hand over to your host, Ryan Miasato, to begin. Ryan, please go ahead. Speaker1 Welcome everyone and thank you for joining the Insight Enterprises earnings conference call. Today, we will be discussing the company's operating results for the quarter ended 03/31/2025. I'm Ryan Miasato, Investor Relations Director of Insight and joining me is Joyce Mullen, President and Chief Executive Officer and James Murgado, Chie ...

Financial Data and Key Metrics Changes - The company achieved record revenue of $1,590,000,000, up 8% on a reported basis and 9% on a constant currency basis [13] - Adjusted EBITDA reached $580,000,000, an increase of $61,000,000 year on year, with an adjusted EBITDA margin of 36.4%, up 130 basis points year on year [14][15] - AFFO was $348,000,000, representing growth of 8% on a reported basis and 10% excluding FX [15] Business Line Data and Key Metrics Changes - Global RIM business revenue was $1,260,000,000, an increase of $46,000,000 year on year, with organic storage up 6% [16][19] - Data center revenue was $173,000,000, an increase of $29,000,000 year on year, with organic storage rental growth of 24% [20][21] - ALM revenue was $121,000,000, an increase of $37,000,000 or 44% year over year, with organic growth of 22% [22][71] Market Data and Key Metrics Changes - The company secured a ten-year contract in the UK to digitize documents, expanding its relationship significantly [2] - A significant contract with the Department of Treasury valued at approximately $140,000,000 was awarded, expected to generate revenue primarily in 2026 [4][29] - The company continues to see strong demand for data center development across its global portfolio, with a pipeline expected to reach 1.3 gigawatts [6] Company Strategy and Development Direction - The company is focused on expanding its DXP platform capabilities and tailoring use cases to industry-specific requirements [1] - The Matterhorn strategy emphasizes a single point of contact for customers to enhance cross-selling opportunities [45][46] - The company plans to selectively acquire ALM enterprise businesses to expand capabilities and geographic footprint [9][70] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the leasing target of 125 megawatts for the year, citing a strong pipeline and customer conversations [36] - The outlook for 2025 has been raised, with total revenue expected to be between $6,740,000,000 and $6,890,000,000, representing year-on-year growth of 11% at the midpoint [26] - Management noted that tariff exposure is minimal, with less than 5% exposure in data center construction [31] Other Important Information - The company is increasing its full-year guidance based on strong Q1 performance and positive outlook [11][25] - Capital expenditures in Q1 were $657,000,000, with an unchanged outlook for the full year [24] Q&A Session Summary Question: Market for leasing and confidence in achieving 125 megawatts - Management indicated good leasing activity and confidence in achieving the 125 megawatt target based on pipeline and customer discussions [36] Question: Changes in demand for data centers - Management reported no significant changes in demand from customers, with strong interest across North America, Europe, and India [42] Question: Sales strategy and initiatives - The Matterhorn strategy focuses on a single customer point of contact to drive cross-selling and enhance growth [45][46] Question: Disaggregation of revenue increase - The increase of $90,000,000 in revenue was primarily due to FX changes, with $10,000,000 from the Premier acquisition and the remainder from operating performance [50] Question: Opportunities in data centers by region - Management highlighted strong pipelines in Northern Virginia, Richmond, Chicago, Amsterdam, and Mumbai as key markets for data center opportunities [55][56]

Financial Data and Key Metrics Changes - Total operating revenues for Q1 were $571.6 million, a decrease of 10.1% year-over-year, or 7.7% on a same-store basis [30] - Adjusted EBITDA totaled $50.5 million, representing a margin of 8.8%, with a year-over-year decline in line with expectations [31] - The company reported a net loss of $7 million in Q1, an improvement of approximately $77 million compared to the previous year [33] - Free cash flow in Q1 totaled $10.2 million, growing 7.6%, with expectations for similar performance in Q2 [38] Business Line Data and Key Metrics Changes - Total digital revenues in Q1 were $250.4 million, down 6.4% year-over-year, representing approximately 44% of total revenues [34] - Digital-only subscription revenues exceeded $43 million, reflecting minor same-store growth, impacted by elevated customer churn [34] - Adjusted EBITDA for the Digital Marketing Solutions (DMS) segment totaled $8.5 million, with core platform revenue at $108.2 million [37] Market Data and Key Metrics Changes - The company had 195 million average monthly unique visitors, growing over 4% compared to the prior year [14] - The UK market experienced a slowdown in digital advertising trends, reflective of the local economy [36] Company Strategy and Development Direction - The company aims to leverage its industry-leading scale and diverse digital businesses to drive long-term growth [11] - A key focus is on enhancing monetization opportunities through investments in digital initiatives and expanding first-party data [13] - The recent DOJ ruling against Google is seen as a potential catalyst for a more equitable digital advertising marketplace, benefiting the company [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year 2025 business outlook despite a challenging first quarter [7] - The company anticipates a marked improvement in top-line trends, particularly in digital revenue, as it moves past unique first-quarter challenges [6] - Management noted that the fundamentals of the business are improving, with stronger retention and a more diversified revenue base [56] Other Important Information - The company reduced its debt by approximately $75 million in Q1, strengthening its capital structure [8] - A leadership transition occurred with the appointment of Tricia Gosser as Chief Financial Officer [9] Q&A Session Summary Question: Impact of DOJ case against Google - Management believes the DOJ's win sets the stage for a more favorable ad marketplace, leading to greater transparency and higher revenue shares for publishers [44] Question: Adjustments to affiliate revenue business - The company is working with affiliate partners to navigate changes and reenergize revenue growth through leveraging existing content [50] Question: Confidence in 2025 guidance - Management remains confident in the guidance, citing improvements in fundamentals and operational efficiencies [56] Question: Digital subscription revenue trends - On a same-store basis, there was some growth in digital subscriptions, but impacted by higher revenue reversals [73] Question: Tools to aggregate budgets onto the platform - The company is leveraging relationships with advertisers and building out first-party data solutions to drive up CPM [79] Question: Status of non-strategic asset sales - The company has largely worked through its real estate portfolio and does not feel pressured to sell assets that could negatively impact the business [83]

Mexican telecommunications operator reduces bill run times by 70% and achieves greater agility with Oracle Digital Business Experience on Oracle Cloud Infrastructure MEXICO CITY and AUSTIN, Texas, May 1, 2025 /PRNewswire/ -- Izzi, a subsidiary of Televisa Group, is modernizing its business support systems (BSS) in the cloud to bolster customer experience. By upgrading to the latest version of Oracle Communications Digital Business Experience running on Oracle Cloud Infrastructure (OCI), Izzi has reduced bil ...

SAN ANTONIO, May 1, 2025 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter ended March 31, 2025."Our first quarter consolidated revenue increased 2.2%, in line with our guidance, reflecting growth from our America and Airports segments," said Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. "We are seeing healthy demand across the majority of our markets in the current quarter and have now booked the ...

Financial Data and Key Metrics Changes - PTC reported a 10% year-over-year growth in Annual Recurring Revenue (ARR) and a 13% increase in free cash flow for Q2 [4][5][13] - The constant currency ARR at the end of Q2 was $2,326 million, reflecting a 10% increase year-over-year [13] - Free cash flow for Q2 was $279 million, which absorbed $3 million related to go-to-market realignment [14][16] Business Line Data and Key Metrics Changes - ARR growth was 8% in CAD, primarily driven by CREO, and 11% in PLM, driven by Windchill, CodeBeamer, and IoT [15] - The Americas saw a 9% ARR growth, Europe 11%, and Asia Pacific 10% year-over-year [15] Market Data and Key Metrics Changes - PTC's gross debt was $1,393 million, with a leverage ratio of 1.5 times [16] - The company paid down $500 million of senior notes due in February and reduced gross debt by $155 million in Q2 [16] Company Strategy and Development Direction - PTC's strategy focuses on deepening customer value through PLM, ALM, SLM, CAD, and SaaS, while leading innovation through applied generative AI [29] - The company is actively pursuing a go-to-market transformation to enhance execution and customer engagement [6][29] Management's Comments on Operating Environment and Future Outlook - Management acknowledged growing uncertainty related to global trade dynamics and macro pressures, which may affect customer buying behavior [9][10] - Despite the uncertainty, the long-term need for digital transformation remains strong, and PTC is well-positioned to support customers in this transition [12][30] Other Important Information - PTC continues to execute share buybacks under a $2 billion repurchase authorization, with $75 million used to repurchase shares in Q2 [5][16] - The company introduced several AI initiatives across its product lines, including Windchill AI and ServiceMax AI [8][53] Q&A Session Summary Question: Can you elaborate on the downside scenario for the 7% ARR growth? - Management explained that the 7% scenario considers potential delays and smaller deal sizes due to macroeconomic conditions, with a bottoms-up and tops-down assessment conducted [33][36][38] Question: What indicators show that the go-to-market changes are working? - The team reported low churn and successful execution of the vertical approach, which has improved customer engagement and pipeline quality [40][43] Question: How should investors think about the $1 billion free cash flow target next year? - Management indicated that it is premature to provide specifics, as various macroeconomic factors will influence the target [46][49] Question: How are customer discussions regarding AI adoption progressing? - Management noted increased customer engagement with AI products, emphasizing the importance of a solid product data foundation for effective AI utilization [52][54] Question: Are the conversations with customers indicating widespread deal postponements? - Management clarified that conversations vary by customer and vertical, with some customers moving forward while others may delay decisions [76][78] Question: What assumptions are behind the new ARR guidance range? - The guidance reflects a cautious outlook due to recent macroeconomic uncertainties, with the potential for improvement if trade issues are resolved [80][81]

PTC (PTC) Q2 2025 Earnings Call April 30, 2025 05:00 PM ET Company Participants Matt Shimao - Head, Investor RelationsNeil Barua - President & CEOKristian Talvitie - EVP & CFOAdam Borg - Managing Director - Equity ResearchRobert Dahdah - Executive Vice President, Chief Revenue OfficerSaket Kalia - Managing DirectorSiti Panigrahi - Managing DirectorJay Vleeschhouwer - Managing DirectorJoshua Tilton - Director Conference Call Participants Daniel Jester - Director & Equity Research AnalystKen Wong - Managing D ...

Core Viewpoint - Wellchange Holdings Company Limited has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, having failed to maintain a bid price of $1.00 per share for 33 consecutive business days [1][2]. Compliance Status - Nasdaq Listing Rule 5550(a)(2) mandates that listed securities must maintain a minimum bid price of $1.00 per share [2]. - The company has been granted a compliance period of 180 calendar days, until October 27, 2025, to regain compliance [3]. - If the closing bid price reaches at least $1.00 per share for ten consecutive business days during this period, Nasdaq will confirm compliance [3]. Potential Actions - If compliance is not regained by the deadline, the company may be eligible for additional time, provided it meets other listing requirements and notifies Nasdaq of its intention to cure the deficiency [4]. - The company is considering options to regain compliance, which may include implementing a reverse stock split if necessary [4][5]. Company Overview - Wellchange Holdings Company Limited is an enterprise software solution provider based in Hong Kong, focusing on customized software solutions and cloud-based SaaS platforms [6]. - The company's mission is to assist small and medium businesses in digital transformation and resource-efficient growth through integrated ERP software solutions [6].

Q2'25 FINANCIAL RESULTS Neil Barua CEO Kristian Talvitie CFO April 30, 2025 FORWARD LOOKING STATEMENTS This presentation includes forward looking statements regarding PTC's future financial performance, strategic outlook and expectations, anticipated future operations, expected effects of strategic investments and initiatives, and share repurchase expectations. Because such statements deal with future events, actual results may differ materially from those projected in the forward-looking statements. Inform ...