American Eagle Outfitters, Inc. (NYSE:AEO) Q3 2024 Earnings Conference Call December 4, 2024 4:30 PM ET Company Participants Judy Meehan - Senior Vice President, Corporate Communications and Investor Relations Jay Schottenstein - Executive Chairman and Chief Executive Officer Jennifer Foyle - President, Executive Creative Director, AE and Aerie Mike Mathias - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Boss - JP Morgan Paul Lejuez - Citigroup Angus Kelleher-Ferg ...

ChargePoint Holdings, Inc. (NYSE:CHPT) Q3 2025 Earnings Conference Call December 4, 2024 4:30 PM ET Company Participants Nandan Amladi - Vice President, Finance & Investor Relations Rick Wilmer - Chief Executive Officer Mansi Khetani - Chief Financial Officer Conference Call Participants Colin Rusch - Oppenheimer Bill Peterson - JPMorgan Mark Delaney - Goldman Sachs Steven Fox - Fox Advisors Joseph Osha - Guggenheim Partners Chris Dendrinos - RBC Capital Markets Chris Pierce - Needham Gabe Daoud - TD Cowen ...

Verint Systems Inc. (NASDAQ:VRNT) Q3 2025 Earnings Conference Call December 4, 2023 4:30 PM ET Company Participants Matthew Frankel - CFA, Investor Relations Dan Bodner - CEO Grant Highlander - CFO Conference Call Participants Shaul Eyal - TD Cowen Joshua Reilly - Needham Billy Fitzsimmons - Jefferies Operator Good day, and thank you for standing by. Welcome to the Verint Systems Third Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presen ...

IDT Corporation (NYSE:IDT) Q1 2025 Earnings Conference Call December 4, 2024 5:30 PM ET Company Participants Shmuel Jonas - Chief Executive Officer Marcelo Fischer - Chief Financial Officer Conference Call Participants Inigo Alonso – Unknown Company Operator Good evening, and welcome to the IDT Corporation's First Quarter Fiscal Year’s 2025 Earnings Call. In today's presentation, IDT's management will discuss IDT's financial and operational results for the three-month periods ended October 31, 2024. During ...

Chewy, Inc. (NYSE:CHWY) Q3 2024 Earnings Call Transcript December 4, 2024 8:00 AM ET Company Participants David Reeder - CFO Sumit Singh - CEO Conference Call Participants Nathan Feather - Morgan Stanley Curtis Nagle - Bank of America Merrill Lynch Doug Anmuth - JPMorgan David Bellinger - Mizuho Steven Zaccone - Citigroup Rupesh Parikh - Oppenheimer Mark Mahaney - Evercore ISI Shweta Khajuria - Wolfe Research Anna Andreeva - Piper Sandler Operator Hello, everyone, and welcome to the Chewy Third Quarter 2024 ...

The Descartes Systems Group Inc. (NASDAQ:DSGX) Q3 2025 Earnings Conference Call December 3, 2024 5:30 PM ET Company Participants Scott Pagan - President and Chief Operating Officer Ed Ryan - Chief Executive Officer Allan Brett - Chief Financial Officer Conference Call Participants Faith Brunner - William Blair Paul Treiber - RBC Capital Markets Stephanie Price - CIBC Lachlan Brown - Redburn Atlantic Raimo Lenschow - Barclays John Shao - National Bank Scott Group - Wolfe Research Kevin Krishnaratne - Scotia ...

Financial Data and Key Metrics - Revenue for Q3 FY2025 was $1.516 billion, $66 million above the midpoint of guidance, growing 19% sequentially and 7% year-over-year [7][9] - Non-GAAP EPS was $0.43, 43% above the midpoint of guidance, growing 43% sequentially [8] - Data center revenue accounted for 73% of total revenue, reaching a record $1.1 billion, growing 98% year-over-year and 25% sequentially [12][25] - Enterprise networking revenue was $151 million, while carrier revenue was $85 million, collectively growing 4% sequentially [19] - Consumer revenue was $97 million, growing 9% sequentially, while automotive and industrial revenue was $83 million, also growing 9% sequentially [20][21] Business Line Performance - Custom AI silicon drove strong performance, with significant demand and supply chain capacity secured for Q4 [12][13] - Electro-optics products grew double-digits sequentially, with strong bookings for 800-gig PAM products and shipments of 1.6T PAM DSPs [14] - Active electrical cable market saw acceleration in production ramp of 100-gig per lane 800-gig DSPs, with sampling of 200-gig per lane 1.6T AEC DSPs [16] Market Performance - Data center end market is expected to grow in the low-to-mid 20% range sequentially in Q4, driven by custom AI revenue and Ethernet switch products [17][18] - Enterprise networking and carrier markets are expected to grow sequentially in the mid-teens in Q4, with recovery momentum improving [19] - Consumer end market is expected to decline sequentially in the mid-teens in Q4 due to seasonality in gaming demand [20] - Automotive and industrial end market is projected to grow sequentially in the low-to-mid single-digits in Q4 [21] Strategy and Industry Competition - The company is focused on AI-driven growth, with custom silicon programs and strong optics growth driving the transformation into an AI-first data center semiconductor company [9][25] - Strategic investments in technology, including 2-nanometer and 3-nanometer platforms, are aimed at maintaining leadership in process technology and energy efficiency [27][28] - The company has redirected investments towards the data center, resulting in a $750 million restructuring charge in Q3 [26][37] Management Commentary on Operating Environment and Future Outlook - Management is optimistic about the AI super cycle, with strong demand for custom AI silicon and optical interconnect products [12][23] - The company expects to significantly exceed the full-year AI revenue target of $1.5 billion, with strong growth forecasted for Q4 and FY2026 [23][33] - The recovery in enterprise networking and carrier markets is gaining momentum, with targeted investments planned to grow revenue in these areas [29][30] Other Important Information - The company announced a five-year agreement with Amazon Web Services, covering custom AI products, optical DSPs, and other data center semiconductors [10][11] - Stock repurchases totaled $525 million through Q3, with $3 billion remaining in the repurchase authorization [32] - The company expects to return to GAAP profitability in Q4, with strong operating leverage and cash flow generation [46] Q&A Session Summary Question: AI Revenue Quantification and Fiscal 2026 Outlook - AI revenue for FY2025 is tracking significantly ahead of the $1.5 billion target, with hundreds of millions in upside. The outlook for FY2026 is also strong, driven by demand for custom AI and optical interconnect products [51][52] Question: Management Commitment and Customer Diversification - The CEO reaffirmed commitment to Marvell, emphasizing the company's transformation and focus on the AI super cycle. Customer diversification is strong, with multiple large volume opportunities across custom AI and compute solutions [55][56] Question: Competitive Landscape for Custom Silicon - The company sees itself and one other major competitor as the primary players in custom silicon, with high barriers to entry due to the complexity of design, manufacturing, and supply chain capabilities [87][88] Question: Gross Margins and Operating Leverage - Gross margins are expected to remain around 60% in FY2026, with operating leverage driving significant margin expansion as revenue outpaces operating expenses [111][112] Question: Custom Silicon Growth and Non-AI Business - Custom silicon is largely driven by AI, with significant growth expected in FY2025 and FY2026. Non-AI custom programs are also contributing, but AI remains the dominant driver [106][107] Question: ASIC Opportunities and Customer C - Customer C remains the largest opportunity among the three major custom silicon customers, with progress tracking well and unchanged expectations from the AI Day presentation [119][120]

Pure Storage, Inc. (NYSE:PSTG) Q3 2025 Earnings Call Transcript December 3, 2024 5:00 PM ET Company Participants Paul Ziots - VP of IR Charlie Giancarlo - CEO Kevan Krysler - CFO Robert Lee - CTO Conference Call Participants Amit Daryanani - Evercore ISI Aaron Rakers - Wells Fargo Howard Ma - Guggenheim Securities Pinjalim Bora - JPMorgan Simon Leopold - Raymond James Sreekrishnan Sankarnarayanan - TD Cowen Mehdi Hosseini - Susquehanna Paramveer Singh - Oppenheimer Asiya Merchant - Citigroup James Fish - Pi ...

Box, Inc. (NYSE:BOX) Q3 2025 Earnings Conference Call December 3, 2024 5:00 PM ET Company Participants Cynthia Hiponia - VP, IR Aaron Levie - Co-Founder and CEO Dylan Smith - Co-Founder and CFO Conference Call Participants Steve Enders - Citi Brian Peterson - Raymond James Josh Baer - Morgan Stanley Operator Ladies and gentlemen, good afternoon, and thank you for standing by. My name is Abby, and I will be your conference operator today. At this time, I would like to welcome everyone to the Box Third Quarte ...

Donaldson Company, Inc. (NYSE:DCI) Q1 2025 Earnings Conference Call December 3, 2024 10:00 AM ET Company Participants Tod Carpenter - Chairman, President, Chief Executive Officer Brad Pogalz - Chief Financial Officer Scott Robinson - Former CFO, Strategic Advisor Sarika Dhadwal - Senior Director of Investor Relations Conference Call Participants Angel Castillo - Morgan Stanley Bryan Blair - Oppenheimer Brian Drab - William Blair Dan Rizzo - Jeffries Adam Farley - Stifel Rob Mason - Baird Operator Thank you ...