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Sonder Holdings Inc. Announces First Quarter 2025 Financial Results
Globenewswire· 2025-08-25 21:55
Core Viewpoint - Sonder Holdings Inc. reported its financial results for Q1 2025, highlighting a strategic licensing agreement with Marriott and ongoing compliance issues with Nasdaq [1][4][5]. Financial Highlights - Revenue for Q1 2025 was $118.9 million, a decrease of 11% year-over-year [9]. - Net loss for the quarter was $56.5 million, representing a 12% increase compared to the same period in 2024 [9]. - Adjusted EBITDA was $(56.7) million, a slight decrease of 1% year-over-year [9]. - RevPAR (Revenue Per Available Room) increased by 13% to $139 [9]. - Occupancy rate improved to 83%, up by seven percentage points year-over-year [9]. - Bookable nights decreased by 21% to 858,000 due to the Portfolio Optimization Program [9]. Compliance and Regulatory Issues - Sonder received a deficiency notification from Nasdaq for failing to timely file its Q2 2025 Form 10-Q [5][6]. - The company had previously received a notice for non-compliance regarding its 2024 Form 10-K filing [6]. - A compliance plan was submitted to Nasdaq, allowing up to 180 days to regain compliance [7]. Strategic Developments - Sonder completed the integration with Marriott in Q2 2025, with all properties now bookable through Marriott's platforms [4]. - The partnership with Marriott enhances Sonder's visibility and access to a broader customer base [4]. Cash Flow and Liquidity - Cash used in operating activities improved by 89% year-over-year to $4.4 million [9]. - Total cash, cash equivalents, and restricted cash amounted to $66.5 million as of March 31, 2025 [9]. - Adjusted Free Cash Flow was $(6.9) million, a 76% increase year-over-year [9].
Stay Ahead of the Game With Jackson Financial (JXN) Q1 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2025-05-05 14:21
Core Insights - Jackson Financial (JXN) is expected to report quarterly earnings of $4.93 per share, reflecting a 16.6% increase year over year, while revenues are forecasted to decline by 35.9% to $1.78 billion [1] Earnings Projections - There has been a downward revision of 10.2% in the consensus EPS estimate over the last 30 days, indicating analysts' reassessment of their initial forecasts [2] - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [3] Revenue Estimates - Analysts estimate 'Revenues- Net investment income' at $490.40 million, a decrease of 33.2% year over year [5] - The 'Revenues- Premium' is projected at $35.41 million, indicating a year-over-year decline of 6.8% [5] - 'Revenues- Fee income' is expected to be $1.24 billion, reflecting a 38.2% decrease from the prior-year quarter [5] Adjusted Earnings Before Tax - The consensus estimate for 'Adjusted earnings before tax- Retail Annuities' is $471.09 million, up from $419 million year over year [6] - 'Adjusted earnings before tax- Closed Life and Annuity Blocks' is projected at $7.24 million, down from $19 million in the previous year [6] - Analysts expect 'Adjusted earnings before tax- Institutional Products' to reach $21.98 million, compared to $31 million in the same quarter last year [7] Stock Performance - Jackson Financial shares have returned +16% over the past month, outperforming the Zacks S&P 500 composite, which saw a +0.4% change [7] - The company holds a Zacks Rank 4 (Sell), suggesting it may underperform the overall market in the near future [7]