CNX Resources Corporation (NYSE:CNX) Q1 2025 Earnings Conference Call April 24, 2025 10:00 AM ET Company Participants Tyler Lewis - VP, I% Alan Shepard - CFO Navneet Behl - COO Conference Call Participants Zachary Parham - JPMorgan Leo Mariani - ROTH Capital Partners Gabriel Daoud - TD Cowen Noah Hungness - Bank of America Jacob Roberts - Tudor, Pickering, Holt Operator Good day and welcome to the CNX Resources First Quarter 2025 Q&A Conference Call. All participants will be in listen-only mode. After today ...

Stewart Information Services Corporation (NYSE:STC) Q1 2025 Earnings Conference Call April 24, 2025 8:30 AM ET Company Participants Kathryn Bass - Director of Investor Relations Frederick Eppinger - Chief Executive Officer David Hisey - Chief Financial Officer Conference Call Participants Bose George - KBW John Campbell - Stephens Inc. Operator Hello and thank you for joining the Stewart Information Services First Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode. Later, y ...

Start Time: 08:30 January 1, 0000 9:16 AM ET Getty Realty Corp. (NYSE:GTY) Q1 2025 Earnings Conference Call April 24, 2025, 08:30 AM ET Company Participants Christopher Constant - President and CEO Mark Olear - EVP and COO Brian Dickman - EVP, CFO and Treasurer Joshua Dicker - EVP, General Counsel and Secretary Conference Call Participants Daniel Byrne - Bank of America Mitch Germain - Citizens JMP Upal Rana - KeyBanc Capital Markets Wes Golladay - Baird Brad Heffern - RBC Michael Goldsmith - UBS Michael Go ...

Financial Data and Key Metrics Changes - Consolidated revenue was in line with last year's first quarter, with EBITDA growth of 2% and adjusted EPS growth of 5% to $1.09 [30][31] - Free cash flow reached $5.4 billion, growing free cash flow per share by 26%, while returning $3.2 billion to shareholders, including $2 billion in share repurchases [31][50] Business Line Data and Key Metrics Changes - Broadband revenue grew by 1.7%, with ARPU increasing by 3.3%, despite losing 199,000 customers due to a slight uptick in churn [32][33] - Business services revenue and EBITDA grew roughly 4%, now accounting for almost 25% of the total connectivity business revenue [20][36] - Theme parks generated $3 billion of EBITDA in 2024, with strong demand for the upcoming Epic Universe park [25][26] Market Data and Key Metrics Changes - The competitive environment for broadband remains intense, with muted connect activity and a slight uptick in churn [32][88] - Wireless net line additions improved to 323,000 in the quarter, bringing total wireless lines to 8.1 million, with significant growth potential as penetration is only 30% of the residential broadband customer base [35][36] Company Strategy and Development Direction - The company is focused on shifting its business mix toward growth by investing in six key areas: residential broadband, wireless, business services, theme parks, streaming, and premium content [6][7] - A new nationwide price guarantee for broadband was introduced, aiming to simplify pricing and enhance customer value [16][17] - The company is committed to addressing customer pain points related to pricing transparency and ease of doing business [14][71] Management's Comments on Operating Environment and Future Outlook - Management noted that while there are no significant economic challenges currently, the odds of challenges may be increasing, but the company is well-positioned to handle them [8] - The company anticipates that it will take several quarters for the new market approach to gain traction and impact the business meaningfully [20][35] - Management expressed optimism about the wireless segment's growth potential and the overall strategy to enhance customer relationships [35][108] Other Important Information - The company closed the acquisition of Nitell, which is expected to enhance its capabilities in the business services segment [38] - The upcoming Epic Universe theme park is expected to transform the Orlando market and has already seen strong demand [25][26] Q&A Session Summary Question: Impact of international travel on theme parks - Management noted stable results in Florida and strong advanced bookings for Epic Universe, despite concerns about international travel [54][56] Question: Broadband ARPU growth drivers - Management highlighted that the focus is on addressing customer pain points and simplifying pricing, which should support healthy ARPU growth [75][78] Question: Broadband losses and market share - Management acknowledged that competitive intensity remains high, with mobile substitution impacting churn, but emphasized ongoing efforts to enhance competitiveness [88][91] Question: Peacock losses outlook - Management expects continued revenue growth for Peacock, driven by improved monetization and upcoming sports content, including the NBA [100][105] Question: Long-term strategy for parks and media - Management reiterated a commitment to driving growth in the parks business and leveraging Peacock's content strategy to enhance monetization [122][125]

Financial Data and Key Metrics Changes - In Q4, the company recorded net revenues of $610.2 million, reflecting year-over-year growth of 42.1% in USD and 44.3% in RMB [11][25] - For the full fiscal year, net revenues totaled $2.3 billion, up 51% in USD and 52.2% in RMB year-over-year [31][32] - Non-GAAP income from operations was $61.8 million for the full year, compared to $19.7 million in the prior fiscal year [32] Business Line Data and Key Metrics Changes - Learning Services sustained revenue growth, with Peiyou Small Class Enrichment programs being the largest revenue contributor [16][68] - Learning Devices saw a year-over-year growth but experienced a typical seasonal decline in Q4 [69] - The retention rate for Peiyou Small Class reached 80% this fiscal quarter, indicating strong customer loyalty [18] Market Data and Key Metrics Changes - The company expanded its learning center footprint while maintaining a disciplined approach to evaluate market demand and operational efficiency [17] - The online enrichment learning business remained healthy, with ongoing innovation helping to navigate market dynamics [19] Company Strategy and Development Direction - The company is committed to sustainable growth in core business lines and expanding learning Content Solutions, leveraging technological advancements, particularly AI [37][38] - There is a focus on enhancing product capabilities and refining operational strategies to improve efficiency and profitability [41][42] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about the industry's growth potential and the importance of developing high-quality products tailored to localized user needs [51] - The company aims to integrate AI into educational content creation and customer service, enhancing learning experiences and operational efficiency [82][88] Other Important Information - The Board approved a 12-month extension of the share repurchase program, allowing for up to $490.7 million in repurchases [34][98] - As of February 28, 2025, the company held approximately $3.2 billion in cash and cash equivalents, positioning it well for growth and shareholder returns [95] Q&A Session Summary Question: Update on Peiyou enrichment learning business and growth strategy - Management noted steady year-over-year growth for Peiyou and emphasized the importance of technology in future strategies [46][49] Question: Profitability profile of Learning Devices segment - Management acknowledged an adjusted operating loss in the Learning Devices segment but highlighted plans to enhance device functionality and expand the content library [57][60] Question: Breakdown of top-line growth by business line - Peiyou Small Class Enrichment programs were the largest revenue contributor, while Learning Devices showed healthy year-over-year growth despite seasonal declines [68][70] Question: Year-over-year decline in operating profit and sales/marketing spend - Increased selling and marketing expenses were attributed to online market penetration efforts, impacting the adjusted operating margin [71][72] Question: Future investment strategy and shareholder returns - The company plans to strategically allocate cash for growth while maintaining operational flexibility and extending the share repurchase program [96][98]

David Hancock Good morning and welcome to Nestlé's Three-Month 2025 Sales Conference Call. I am David Hancock, Head of Investor Relations. Today I am joined by Laurent Freixe, CEO; and Anna Manz, CFO. Laurent and Anna will provide a short update on our progress in the first quarter before we open up for Q&A. Before we get started, please take a moment to read the disclaimer on Page 2. With that, I will hand over to Laurent. Laurent Freixe Thank you, David and good morning everyone. Before Anna takes you thr ...

Marine Products Corporation (NYSE:MPX) Q1 2025 Earnings Conference Call April 24, 2025 8:00 AM ET Company Participants Ben Palmer – President and Chief Executive Officer Mike Schmit – Chief Financial Officer Conference Call Participants Operator Good morning, and thank you for joining us for the Marine Products Corporation's First Quarter 2025 Earnings Conference Call. Today's call will be hosted by Ben Palmer, President and CEO, and Michael Schmit, Chief Financial Officer. At this time, all participants ar ...

Bristol-Myers Squibb Company (NYSE:BMY) Q1 2025 Earnings Conference Call April 24, 2025 8:00 AM ET Company Participants Chuck Triano - SVP and Head of IR Chris Boerner - Board Chair and CEO David Elkins - CFO Adam Lenkowsky - CCO Samit Hirawat - CMO and Head of Global Drug Development Conference Call Participants Chris Schott - JPMorgan Mohit Bansal - Wells Fargo Luisa Hector - Berenberg Geoff Meacham - Citi Evan Seigerman - BMO Capital Terence Flynn - Morgan Stanley Trung Huynh - UBS Courtney Breen - Berns ...

TechnipFMC plc (NYSE:FTI) Q1 2025 Results Conference Call April 24, 2025 8:30 AM ET Company Participants Matt Seinsheimer - SVP, IR and Corporate Development Doug Pferdehirt - Chair and Chief Executive Officer Alf Melin - EVP and CFO Conference Call Participants David Anderson - Barclays Arun Jayaram - JPMorgan Securities Ati Modak - Goldman Sachs Mark Wilson - Jefferies Saurabh Pant - Bank of America Marc Bianchi - TD Cowen Scott Gruber - Citigroup Victoria McCulloch - RBC Operator Hello, and thank you for ...

Dow Inc. (NYSE:DOW) Q1 2025 Earnings Conference Call April 24, 2025 8:00 AM ET Company Participants Andrew Riker - Vice President, Investor Relations Jim Fitterling - Chairman & Chief Executive Officer Karen S. Carter - Chief Operating Officer Jeff Tate - Chief Financial Officer Conference Call Participants Vincent Andrews - Morgan Stanley Mike Sison - Wells Fargo David Begleiter - Deutsche Bank Chris Parkinson - Wolfe Research Chris Perrella - UBS Jeff Zekauskas - JPMorgan Matthew Blair - Tudor Pickering H ...