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News (NWS) - 2025 Q3 - Earnings Call Transcript
2025-05-08 22:02
News (NWS) Q3 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Michael Florin - Senior VP & Head of Investor RelationsRobert Thomson - Chief Executive OfficerLavanya Chandrashekar - CFOEntcho Raykovski - Executive Director, Media & TelcoAlan Gould - Managing DirectorEvan Karatzas - Director Conference Call Participants Kane Hannan - AnalystDavid Joyce - Senior Equity Analyst - Media SectorCraig Huber - Equity Research Analyst Operator Welcome to the News Corp's Third Quarter Fiscal twenty tw ...
News (NWS) - 2025 Q3 - Earnings Call Transcript
2025-05-08 22:00
News (NWS) Q3 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Welcome to the News Corp's Third Quarter Fiscal twenty twenty five earnings conference call. Today's conference is being recorded. Media will be allowed on a listen only basis. At this time, I'd like to turn the conference over to Michael Floren, senior vice president and head of investor relations. Please go ahead. Speaker1 Thank you very much, operator. Hello, everyone, and welcome to News Corp's fiscal third quarter two thousand twenty fi ...
Glacier Reports First Quarter 2025 Results
Globenewswire· 2025-05-08 21:00
VANCOUVER, British Columbia, May 08, 2025 (GLOBE NEWSWIRE) -- Glacier Media Inc. (TSX: GVC) (“Glacier” or the “Company”) reported revenue and earnings for the period ended March 31, 2025. Summary Results (thousands of dollars) Three months ended March 31,except share and per share amounts 2025 2024 Revenue $32,475 $34,750<td style="pa ...
Lee Enterprises, Incorporated (LEE) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2025-05-08 13:20
Core Viewpoint - Lee Enterprises reported a quarterly loss of $2.07 per share, significantly worse than the Zacks Consensus Estimate of a loss of $0.58, indicating a substantial earnings surprise of -256.90% [1] Financial Performance - The company posted revenues of $137.38 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 3.63% and down from $146.55 million a year ago [2] - Over the last four quarters, Lee Enterprises has consistently failed to surpass consensus EPS and revenue estimates [2] Stock Performance - Lee Enterprises shares have declined approximately 45.1% since the beginning of the year, contrasting with the S&P 500's decline of -4.3% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.13 on revenues of $147.46 million, and for the current fiscal year, it is -$3.58 on revenues of $587.63 million [7] - The trend of earnings estimate revisions is mixed, which could change following the recent earnings report [6] Industry Context - The Publishing - Newspapers industry, to which Lee Enterprises belongs, is currently ranked in the top 38% of over 250 Zacks industries, indicating a relatively strong position [8]
Change in the Supervisory Board of AS Ekspress Grupp
Globenewswire· 2025-05-08 07:48
Group 1 - The Chairman of the Supervisory Board of AS Ekspress Grupp, Priit Rohumaa, has resigned from his positions on the Supervisory Board and Audit Committee [1] - The Supervisory Board will continue with three members: Hans H. Luik, Sami Seppänen, and Triin Hertmann [1] - A new Chairman of the Supervisory Board and a member of the Audit Committee will be elected at the next ordinary board meeting [1] Group 2 - AS Ekspress Grupp is the leading media group in the Baltic region, focusing on web media content production, and publishing newspapers, magazines, and books [1] - The Group operates an electronic ticket sales platform and ticket sales offices, and provides outdoor screen services in Estonia and Latvia [1] - AS Ekspress Grupp was established in 1989 and currently employs nearly 1,100 people [1]
BuzzFeed(BZFD) - 2025 Q1 - Earnings Call Transcript
2025-05-07 19:02
BuzzFeed (BZFD) Q1 2025 Earnings Call May 07, 2025 02:00 PM ET Company Participants Juliana Clifton - Chief of Staff, VP of CommunicationsJonah Peretti - Founder & CEOMatt Omer - Chief Financial Officer Operator Good day, and welcome to BuzzFeed's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker, Vice President of Commun ...
Delfi Lithuania changes company structure
Globenewswire· 2025-05-07 06:00
Group 1 - UAB Delfi, a subsidiary of AS Ekspress Grupp, is finalising an acquisition agreement to merge with UAB Kenton Baltic, which focuses on conference organization [1] - The restructuring aims to improve management efficiency and transparency [1] - The merger will not affect the consolidated profit, assets, or liabilities of AS Ekspress Grupp [1] Group 2 - AS Ekspress Grupp is the leading media group in the Baltic region, involved in web media content production, and publishing newspapers, magazines, and books [1] - The group also operates an electronic ticket sales platform and ticket sales offices, and provides outdoor screen services in Estonia and Latvia [1] - Established in 1989, AS Ekspress Grupp employs nearly 1,100 people [1]
IAC(IAC) - 2025 Q1 - Earnings Call Transcript
2025-05-06 13:32
IAC (IAC) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Company Participants Christopher Halpin - Executive VP, CFO & COOJason Helfstein - Managing Director - Head of Internet ResearchNeil Vogel - CEO, Dotdash MeredithJames Heaney - SVP - Equity ResearchCory Carpenter - Internet Equity ResearchJustin Patterson - Managing DirectorTom Champion - Director & Senior Research AanalystRobert Zeller - Equity Research AssociateLuke Meindl - Equity Research AssociateYgal Arounian - Director - Internet Equity Researc ...
IAC(IAC) - 2025 Q1 - Earnings Call Transcript
2025-05-06 12:30
Financial Data and Key Metrics Changes - Q1 2025 was described as a solid start to the year, with IAC reaffirming full year 2025 adjusted EBITDA guidance across all businesses [5][16] - DDM grew digital revenues by 7% in Q1 and increased EBITDA by 46%, excluding a one-time lease gain [7][16] - The company repurchased 4,500,000 shares and increased share repurchase authorization by 10,000,000 shares [5][11] Business Line Data and Key Metrics Changes - DDM's licensing revenue grew by 30%, driven by the OpenAI license and strong performance at Apple News [34] - Performance marketing also showed strong growth at 11% [34] - The Daily Beast achieved a revenue growth of 72% while reaching profitability [8] Market Data and Key Metrics Changes - Core traffic for DDM declined by 3% in Q1, with digital advertising only up by 1% due to fewer impressions available for programmatic sales [33] - Premium demand in advertising remained stable, with strength in pharma, tech, and beauty offsetting weaknesses in food and beverage [15][33] - Programmatic pricing softened, running flat year over year after previously increasing [15] Company Strategy and Development Direction - The company is focused on executing growth across its businesses and capital allocation, including share buybacks and M&A opportunities [10][11] - IAC is pursuing strategic divestitures of smaller holdings to free up capital and simplify operations [12] - The company aims to create equity value and reduce the discount at which its shares are trading [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding consumer spending, noting solid performance in DDM despite weak consumer confidence [14][16] - The macroeconomic outlook remains uncertain, but the company is monitoring trends closely and reaffirming guidance based on current business performance [16] - Management highlighted the importance of focusing on execution and controlling what can be controlled in an unpredictable environment [16] Other Important Information - The company reached an agreement to settle litigation related to the match separation, requiring only a $200,000 contribution beyond insurance coverage [8] - IAC has $800 million in net operating losses (NOLs) that could offset taxable gains on its MGM stake [9] Q&A Session Summary Question: Key priorities for 2026 TDM revenue growth and capital allocation - Management discussed excitement about 2026, highlighting projects like the People app and MyRecipes, and emphasized the importance of capital allocation between share repurchases and M&A [18][20][25] Question: Q1 trends in DDM Digital revenue - Management noted that Q1 faced tough comparisons and a decline in core traffic, but March showed solid growth in digital advertising [30][32] Question: DDM cash flow dynamics - Management explained that DDM can dividend cash to IAC if leverage ratios are below four times total debt to EBITDA, enhancing financial flexibility [43] Question: Appointment of Jim Lawson as President of Decipher - Management expressed excitement about Jim Lawson's appointment, emphasizing his experience and the potential for Decipher Plus to drive growth [46][48] Question: Impact of Google phasing out cookies - Management indicated that the cookie phase-out is not a significant concern, as their contextual targeting capabilities remain strong [58][60] Question: Strategic priorities for Care.com - Management outlined three core priorities for Care: improving product matching, optimizing pricing and packaging, and enhancing marketing efforts [100][104]
Pearson plc ("Pearson" or the "Company") Results of Annual General Meeting 2025
Prnewswire· 2025-05-02 14:52
LONDON, May 2, 2025 /PRNewswire/ -- Pearson plc held its annual general meeting ("AGM") at 10:30am today. All resolutions set out in the Company's Notice of Annual General Meeting dated 27 March 2025 were proposed and approved on a poll.The table below shows the results of the poll for each resolution. As at 6.30pm on 30 April 2025, the Company's issued share capital was 661,685,614 ordinary shares of 25p each. The Company does not hold any ordinary shares in Treasury. Therefore, the total voting rights in ...