Gogo (GOGO) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Company Participants Will Davis - VP - IRChristopher Moore - Director & CEOZachary Cotner - CFO & TreasurerJustin Lang - VP - Aerospace & Defense Equity Research Conference Call Participants Brent Penter - Associate Analyst - Equity ResearchSebastiano Petti - Senior Research AnalystScott Searle - Managing Director, Senior Research AnalystLouie Dipalma - Research Analyst Operator Good day and thank you for standing by. Welcome to the Q1 twenty twenty ...

Gogo (GOGO) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Speaker0 Good day and thank you for standing by. Welcome to the Q1 twenty twenty five Gogo, Inc. Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. You will then hear an automated message advising your hand is raised. To withdraw your question, please press 1, 1 again. Please be advised that today's conference is being recorded. I would no ...

Total Revenue of $230.3 million, up 121% Year-over-Year; First Quarter Service Revenue of $198.6 million, up 143% Year-over-Year Q1 Net Income of $12.0 million; Adjusted EBITDA(1) of $62.1 million Achieved PMA approval for FDX, Gogo Galileo's larger LEO antenna 59 HDX shipments year to date Reiterates 2025 Financial Guidance, which includes current impact of global tariffs BROOMFIELD, Colo., May 09, 2025 (GLOBE NEWSWIRE) -- Gogo Inc. (NASDAQ: GOGO) (“Gogo” or the “Company”), a leading global provider of br ...

Lantronix (LTRX) Q3 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Brent Stringham - CFOSaleel Awsare - CEO Conference Call Participants Jason Smith - AnalystScott Searle - Managing Director, Senior Research AnalystChristian Schwab - Senior Research Analyst Operator Good day, and welcome to the Lantronix twenty twenty five Q3 Results Conference Call. All participants will be in a listen only mode. Please note this event is being recorded. I would now like to turn the conference over to Bre ...

Airgain (AIRG) Q1 2025 Earnings Call May 07, 2025 05:00 PM ET Company Participants Jacob Suen - President & CEOMichael Elbaz - CFO & Secretary Conference Call Participants Anthony Stoss - AnalystScott Searle - Managing Director, Senior Research AnalystTim Savageaux - MD & Senior Research Analyst Operator Good afternoon. Welcome to Airgain's First Quarter twenty twenty five Conference Call. My name is Diego, and I will be your operator for today's call. Joining us today are Airgain's President and CEO, Jacob ...

Ceragon Networks (CRNT) Q1 2025 Earnings Call May 07, 2025 08:30 AM ET Company Participants Rob Fink - Managing PartnerDoron Arazi - CEORonen Stein - Chief Financial OfficerTheodore O'Neill - CEO Conference Call Participants Christian Schwab - Senior Research AnalystScott Searle - Managing Director, Senior Research AnalystRyan Koontz - Senior Analyst Operator Ladies and gentlemen, thank you for standing by, and welcome to Ceragon Networks Earnings Call. Our presentation today will be followed by a question ...

Ceragon Networks (CRNT) Q1 2025 Earnings Call May 07, 2025 08:30 AM ET Speaker0 Ladies and gentlemen, thank you for standing by, and welcome to Ceragon Networks Earnings Call. Our presentation today will be followed by a question and answer session. At which time, if you wish to ask a question, you will need to raise your hand using your mobile or desktop application or press asterisk on your telephone keypad and wait for your name to be announced. I must advise you that this call is being recorded today. I ...

Financial Data and Key Metrics Changes - The company reported total revenue for Q4 2024 of CAD 73.3 million, an increase of CAD 0.8 million or 1% year over year [20] - Adjusted EBITDA for Q4 was CAD 14 million, an increase of CAD 0.2 million or approximately 1.1% compared to the prior year [27] - Free cash flow for Q4 was positive CAD 1.6 million, a significant improvement from negative CAD 15.5 million in the prior year [30] - For the full year 2024, total revenue increased CAD 9.5 million or 3% to CAD 286.1 million [21] - The net loss for Q4 was CAD 25.4 million, an improvement from CAD 33.6 million in the prior year [26] Business Line Data and Key Metrics Changes - IoT connectivity revenue for Q4 was CAD 56.5 million, up 2% year over year, representing 77% of total revenue [20] - IoT Solutions revenue declined 2% year over year to CAD 16.8 million, accounting for 23% of total revenue [20] - For the full year, IoT connectivity revenue increased 12% to CAD 226.9 million, representing 79% of total revenue [21] - Non-GAAP IoT connectivity margin was up 300 basis points year over year to 59.3% [21] - Non-GAAP IoT Solutions margin increased 1,500 basis points year over year to 48.1% [21] Market Data and Key Metrics Changes - Total connections at the end of Q4 were 19.7 million, an increase of 1.2 million year over year [6] - Average revenue per user (ARPU) for Q4 was $0.97, down from $0.99 in Q4 2023 [23] - The company expects the IoT market to grow rapidly, with connected devices projected to surpass 96 billion by 2030, growing at a CAGR of over 20% [15] Company Strategy and Development Direction - The company is focused on operational excellence and has launched several AI projects to drive efficiency and support profitable growth [7] - The shift from total contract value (TCV) to estimated annual recurring revenue (EARR) is aimed at better illustrating the recurring revenue business model [11] - The company is committed to delivering innovative high-value solutions that drive growth and success for customers [14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about 2025, expecting revenue growth driven by IoT connections and improvements in adjusted EBITDA and free cash flow [34] - The company is mindful of evolving tariff policies that could create uncertainty for customers, but believes its recurring revenue model provides insulation against these pressures [34] - Guidance for 2025 includes revenue in the range of CAD 288 million to CAD 298 million, reflecting a 2% year-over-year growth [35] Other Important Information - Operating expenses in Q4 increased by CAD 4.8 million or 9.7% year over year, primarily due to unrealized foreign exchange losses [25] - The company plans to continue focusing on profitable growth while rationalizing unprofitable contracts and product lines [47] Q&A Session Summary Question: What were the drivers of connections and ARPU? - Management noted that the increase in connections came from low ARPU cases, which were not present for the full quarter, leading to a decrease in ARPU [40][41] Question: Is the low ARPU indicative of market development? - Management indicated that while low ARPU cases contributed to growth, they are not the only source of demand, with growth also seen in connected health and retail sectors [44] Question: What is the guidance for 2025 regarding hardware? - Management stated that they do not expect significant growth or decline in IoT Solutions, and they are moving away from lower-margin hardware deals [63] Question: Are customers slowing down their deployments? - Management has not seen a slowdown in customer demand but is being cautious due to potential tariff impacts [71] Question: How does AI factor into product evolution? - Management highlighted active conversations with customers about using AI to leverage collected data for better decision-making and new revenue streams [80] Question: What are the debt coverage targets? - Management indicated there is no specific target for debt coverage but emphasized a focus on improving cash flows and potentially paying down debt as cash flow improves [83]

Ceragon to deliver turnkey industrial connectivity and infrastructure solutions for essential operationsROSH HA'AIN, Israel, April 30, 2025 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), a leading solutions provider of end-to-end wireless connectivity, announces that its recently acquired systems integration business, E2E by Ceragon, has closed a $4.1 million agreement with a leading North American oil & gas production company.Under the agreement, E2E by Ceragon will design, build, and commission a comprehensive o ...

Core Viewpoint - TE Connectivity plc has announced the pricing of €500 million in senior notes due 2028, with a stated interest rate of 2.500% per year, aimed at general corporate purposes including debt repayment related to the acquisition of Richards Manufacturing [1][2][3]. Group 1: Offering Details - The offering consists of €500 million aggregate principal amount of 2.500% senior notes due 2028, priced at 99.610% [2]. - The interest on the senior notes will be payable annually [2]. - The offering is expected to close on May 6, 2025 [4]. Group 2: Use of Proceeds - The net proceeds from this offering will be used for general corporate purposes, including the repayment of debt incurred from the acquisition of the Richards Manufacturing business [3]. Group 3: Company Overview - TE Connectivity plc is a global industrial technology leader focused on connectivity and sensor solutions, with over 85,000 employees, including 9,000 engineers, operating in approximately 130 countries [9].