Bitfarms .(BITF) - 2024 Q4 - Earnings Call Transcript
2025-03-27 15:59
Bitfarms Ltd. (NASDAQ:BITF) Q4 2024 Earnings Conference Call March 26, 2025 8:00 AM ET Company Participants Tracy Krumme - SVP of Investor Relations & Corporate Communications Ben Gagnon - Chief Executive Officer & Director Jeffrey Lucas - Chief Financial Officer Conference Call Participants Brett Knoblauch - Cantor Fitzgerald Mike Colonnese - H.C. Wainwright & Company Mike Grondahl - Northland Capital Markets Brian Kinstlinger - Alliance Global Partners Nick Giles - B. Riley Bill Papanastasiou - KBW Brian ...
EDAP TMS(EDAP) - 2024 Q4 - Earnings Call Transcript
2025-03-27 15:56
EDAP TMS S.A. (NASDAQ:EDAP) Q4 2024 Earnings Conference Call March 27, 2025 8:30 AM ET Company Participants John Fraunces - IR, LifeSci Advisors Ryan Rhodes - CEO Ken Mobeck - CFO Conference Call Participants Michael Sarcone - Jefferies Swayampakula Ramakanth - H.C. Wainwright Operator Good day, everyone, and welcome to today's EDAP TMS Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time all participants are in a listen-only mode. Later, you will have the opportunity to ask questions du ...
Marpai(MRAI) - 2024 Q4 - Earnings Call Transcript
2025-03-27 15:19
Marpai, Inc. (OTCQX:MRAI) Q4 2024 Earnings Conference Call March 27, 2025 8:30 AM ET Company Participants Steve Johnson - Chief Financial Officer Damien Lamendola - Chief Executive Officer and Director John Powers - President Conference Call Participants Ian Cassel - IFCM Operator Good morning, and welcome to the Marpai Fourth Quarter and Full-Year 2024 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today's presentation there will be an opportunity to ...
Inventiva(IVA) - 2024 Q4 - Earnings Call Transcript
2025-03-27 14:50
Inventiva S.A. (NASDAQ:IVA) Q4 2024 Earnings Call March 27, 2025 8:00 AM ET Company Participants Fr??d??ric Cren - CEO Jean Volatier - CFO Pierre Broqua - CSO Conference Call Participants Unidentified Analyst - TD Cowen Unidentified Analyst - Jefferies & Co. Annabel Samimy - Stifel Ed Arce - HC Wainwright Jacob Mekhael - KBC Securities Rami Katkhuda - LifeSci Capital Unidentified Analyst - UBS Operator Good day and thank you for standing by. Welcome to the Inventiva Full Year 2024 Financial Results Webcast ...
UCLOUDLINK(UCL) - 2024 Q4 - Earnings Call Transcript
2025-03-27 14:36
uCloudlink Group (UCL) Q4 2024 Earnings Call March 27, 2025 10:36 AM ET Company Participants Daniel Gao - Director of Investor RelationChaohui Chen - Founder, CEO & DirectorYimeng Shi - CFO & Compliance OfficerTheodore O'Neill - CEO Conference Call Participants Wei Zhang - Equity Research Analyst Operator Good day, and welcome to the U. Cloud Link Group, Inc. Fourth Quarter and Full Year twenty twenty four Earnings Conference Call. All participants will be in a listen only mode. After today's presentation, ...
PDS Biotechnology(PDSB) - 2024 Q4 - Earnings Call Transcript
2025-03-27 14:35
PDS Biotechnology Corporation (NASDAQ:PDSB) Q4 2024 Earnings Conference Call March 27, 2025 8:00 AM ET Company Participants Tom Johnson - LifeSci Advisors Frank Bedu-Addo - CEO Kirk Shepard - Chief Medical Officer Lars Boesgaard - CFO Conference Call Participants Joseph Pantginis - H.C. Wainwright Mayank Mamtani - B. Riley Securities James Molloy - Alliance Global Partners Operator Good morning. And welcome to PDS Biotech's Fourth Quarter and Full Year 2024 Earnings Conference Call. [Operator Instructions] ...
Fuller(FUL) - 2025 Q1 - Earnings Call Transcript
2025-03-27 14:30
H.B. Fuller Company (FUL) Q1 2025 Earnings Call March 27, 2025 10:30 AM ET Company Participants Steven Brazones - Investor RelationsCeleste Mastin - President & Chief Executive OfficerJohn Corkrean - Executive VP & CFOKevin McCarthy - PartnerDavid Begleiter - Managing DirectorRachel Lee - Equity Research AssociateRosemarie Morbelli - Portfolio Manager Conference Call Participants Ghansham Panjabi - Senior Research AnalystMichael Harrison - Managing Director and Senior Chemicals AnalystJeffrey Zekauskas - An ...
Fuller(FUL) - 2025 1 - Earnings Call Transcript
2025-03-27 14:30
H. B. Fuller Company (FUL) Q1 2025 Earnings Conference Call March 27, 2025 10:30 AM ET Company Participants Operator - Conference Call OperatorSteve Prezant - Call ModeratorCeleste Mastin - President and Chief Executive OfficerJohn Corcoran - Executive Vice President and Chief Financial OfficerKancham Punjabi - Questioner (Beard)Kevin McCarty - Questioner (Vertical Research Partners)David Biglager - Questioner (Deutsche Bank)Mike Harrison - Questioner (Seaport Research Partners)Jeff Sikowskas - Questioner ( ...
Sachem Capital(SACH) - 2024 Q4 - Earnings Call Transcript
2025-03-27 14:23
Sachem Capital Corp. (NYSE:SACH) Q4 2024 Earnings Conference Call March 27, 2025 8:00 AM ET Company Participants Stephen Swett - IR John Villano - Chairman, President & CEO Jeffery Walraven - Interim CFO Conference Call Participants Gaurav Mehta - Alliance Global Partners Chris Muller - Citizens JMP Operator Greetings, and welcome to Sachem Capital Corp. Fourth Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentat ...
Urban One(UONEK) - 2024 4 - Earnings Call Transcript
2025-03-27 14:00
Financial Data and Key Metrics Changes - The company reported adjusted EBITDA of $103.5 million for 2024, which is a decrease from the guidance of $75 million for 2025, primarily due to weaker radio performance and a lack of recurring political advertising [12][10][11] - Consolidated net revenues for Q4 2024 were approximately $171 million, down 2.7% year-over-year [14] - The net loss for Q4 2024 was approximately $35.7 million, or 78 cents per share, compared to a net loss of $11 million, or 23 cents per share, for Q4 2023 [27] Business Line Data and Key Metrics Changes - Radio broadcast segment net revenue was $47.7 million, an increase of 14.5% year-over-year, but excluding political advertising, it was down 5.1% [14][15] - The REACH media segment reported net revenue of $9.6 million, down 10.7% from the prior year, with adjusted EBITDA of $2.9 million, a decrease of 15.4% [16] - Digital segment net revenue was down 3.1% in Q4 at $20.5 million, although political advertising contributed $2.4 million, and connected TV and podcast revenue increased [17][18] Market Data and Key Metrics Changes - Cable television segment revenue was approximately $39.8 million, a decrease of 15.9%, with advertising revenue down 21.4% and affiliate revenue down 9.9% due to increased subscriber churn [19][20] - Subscriber churn for the cable segment was reported at minus 9.5%, with TV1 subscribers decreasing from 39.1 million to 37.2 million [20] Company Strategy and Development Direction - The company is focusing on cost containment and debt reduction, with a staff reduction of about 5% in Q4, saving approximately $5 million annually [11][12] - Management indicated a proactive approach to potential acquisitions in the radio sector, emphasizing the need for consolidation in a declining industry [49][50] Management's Comments on Operating Environment and Future Outlook - Management noted broad softness in advertising demand, particularly in radio, attributed to an uncertain economy [39][40] - The company anticipates improvements in local advertising in Q2, although overall radio performance remains negative [41][42] Other Important Information - The company recorded $24.2 million in non-cash impairment charges in Q4, primarily related to the TV-1 brand and goodwill [26] - As of December 31, total gross debt was approximately $584.6 million, with an unrestricted cash balance of $137.1 million, resulting in a net leverage ratio of 4.33 times [29] Q&A Session Summary Question: Clarification on Q1 radio pacing - Management confirmed that excluding political advertising, Q4 radio revenue was down 5.1% [34][37] Question: Insight into weakness in radio performance - Management indicated broad softness across local, national, and network radio, with negative double-digit pacing observed [39][40] Question: Capital allocation plans for fiscal 2025 - Management stated that 95% of capital will focus on debt reduction, with a small plan for stock repurchases [60][61] Question: Update on digital segment revenue - Management explained that connected TV revenue will now be reported under the TV segment, affecting digital revenue numbers [71][72] Question: Free cash flow expectations - Management projected around $25 million of free cash flow generation based on the $75 million EBITDA guidance [86] Question: Potential asset sales - Management indicated that while there may be non-core assets, the current market lacks buyers for such assets [95][96] Question: Cash balance strategy - Management clarified that there is no minimum cash target, and cash deployment is opportunistic based on market conditions [102][103] Question: Thoughts on cable network spin-offs - Management expressed skepticism about the impact of spin-offs on market consolidation, citing valuation concerns [108][109]