Group 1 - Urgently Inc. announced the appointment of Michael Port as Chief Financial Officer, effective June 6, 2025, succeeding Timothy C. Huffmyer [1] - Michael Port previously held the position of Senior Vice President of Finance at Urgently and has extensive experience in the automotive industry, including roles at Lordstown Motors Corp. and Energy Focus Inc. [2][3] - The CEO of Urgently expressed confidence in Port's capabilities, highlighting his experience in high-growth industries as a strong fit for the company's current growth phase [3] Group 2 - Urgently is a leading provider of digital roadside and mobility assistance technology, focusing on enhancing driver safety and experience through innovative technology [3] - The company's platform integrates location-based services, real-time data, AI, and machine-to-machine communication to deliver connected roadside assistance solutions [3]

Core Viewpoint - Urgently Inc. reported financial results for Q1 2025, achieving revenue in line with expectations and a record gross margin of 26% [2][7]. Financial Performance - Revenue for Q1 2025 was $31.3 million, a decrease of 22% year over year [7]. - Gross profit was $8.0 million, down 15% from the previous year [7]. - The gross margin improved to 26%, compared to 23% in the prior year [7]. - GAAP operating expenses were $10.4 million, an improvement of 41% from $17.7 million in the prior year [7]. - Non-GAAP operating expenses were $8.4 million, a 42% improvement from $14.5 million in the prior year [7]. - GAAP operating loss was $2.4 million, an improvement of 71% from $8.3 million in the prior year [7]. - Non-GAAP operating loss was $0.4 million, a 93% improvement from $5.1 million in the prior year [7]. - Approximately 189,000 dispatches were completed, with a consumer satisfaction score of 4.6 out of 5 stars [7]. Future Outlook - The company expects to deliver positive sequential revenue growth in Q3 2025 and aims to sustain non-GAAP operating break-even while moving closer to positive cash flow [2].

Core Viewpoint - Urgently, a leading provider of digital roadside and mobility assistance technology, announced the date for its first quarter 2025 financial results and participation in upcoming investor conferences [1][2]. Financial Results - Urgently will host a conference call on May 13, 2025, at 5:00 p.m. Eastern Time to discuss its financial results for the first quarter ended March 31, 2025 [2]. - Financial results will be issued in a press release prior to the call [2]. Investor Participation - The company will participate in several upcoming investor conferences during the first quarter of 2025 [4]. - The Sidoti Micro-Cap Virtual Investor Conference is scheduled for May 21, 2025, with CEO Matt Booth and CFO Tim Huffmyer presenting at 10:45 a.m. Eastern Time [6]. - The Jefferies Automotive Aftermarket Private and Public Conference will take place on May 22, 2025, with presentations by Matt Booth and Senior VP Harrison Russell [6]. Company Overview - Urgently focuses on providing safe and uninterrupted mobility by utilizing technology to assist drivers and prevent potential issues [5]. - The company's software platform integrates location-based services, real-time data, AI, and machine-to-machine communication to enhance roadside assistance solutions [5]. - Urgently aims to deliver exceptional user experiences and high customer satisfaction through innovative connected mobility assistance services [5].