Local Bounti (LOCL) Q1 2025 Earnings Call May 14, 2025 08:00 AM ET Company Participants Jeff Sonnek - Managing DirectorCraig Hurlbert - Co-Founder, Director & Executive ChairmanKathleen Valiasek - President, CEO & CFOKristen Owen - Managing Director Conference Call Participants Ben Klieve - Senior Equity Research Analyst Operator Good morning and welcome to Local Bounty's First Quarter twenty twenty five Earnings Conference Call. All participants will be in a listen only mode. After today's presentation, th ...

Sanara MedTech (SMTI) Q1 2025 Earnings Call May 14, 2025 08:00 AM ET Company Participants Ron Nixon - CEO & Executive ChairmanSeth Yon - President of CommercialSam Muppalla - CEOElizabeth Taylor - CFOYi Chen - Managing Director, Equity ResearchMatthew Park - Equity Research Associate Operator Welcome to the Sonera MedTech First Quarter of twenty twenty five Earnings Conference Call. Please note that this conference call is being recorded and a replay will be available on the Investor Relations page of the c ...

Dynatrace (DT) Q4 2025 Earnings Call May 14, 2025 08:00 AM ET Company Participants Noelle Faris - Vice President, Investor RelationsRick McConnell - Chief Executive OfficerJim Benson - Chief Financial OfficerBrent Thill - Tech Sector Leader, Software/Internet ResearchRaimo Lenschow - Managing DirectorKash Rangan - Managing DirectorSanjit Singh - Executive DirectorPinjalim Bora - Executive Director - Equity Research Conference Call Participants Patrick Colville - Lead Equity Research AnalystMatt Hedberg - Ma ...

European Wax Center (EWCZ) Q1 2025 Earnings Call May 14, 2025 08:00 AM ET Company Participants Bethany Johns - Director of IRChris Morris - Chairman & CEOThomas Kim - CFODana Telsey - CEO and Chief Research Officer Conference Call Participants Jonathan Komp - Senior Research AnalystJohn Heinbockel - Senior MD & Equity Research AnalystKorinne Wolfmeyer - Vice President & Senior Equity Research Analyst - Beauty and WellnessKelly Crago - AnalystSimeon Gutman - AnalystScot Ciccarelli - MD & Senior Research Anal ...

Financial Data and Key Metrics Changes - Net sales increased by 19.9% to $167.1 million in Q1 2025 compared to $139.4 million in Q1 2024 [6][14] - Gross profit rose by 18.8% to $28.6 million, with a gross margin of 17.1% [11][16] - Net income attributable to parent company shareholders decreased to $7.1 million from $8.3 million year-over-year [20][21] - Diluted income per share was $0.24, down from $0.27 in the previous year [21] Business Line Data and Key Metrics Changes - Sales of electric power steering (EPS) systems increased by 54% year-over-year to $73 million, representing approximately 43.7% of total sales [15][16] - Traditional steering products and parts saw a 2.3% increase in sales to $94.1 million [14] - The Henlong subsidiary reported a 37.5% increase in sales of traditional hydraulic steering systems [7] Market Data and Key Metrics Changes - Chinese GDP growth was 5.4% year-over-year in Q1 2025 [8] - Combined unit sales of passenger and commercial vehicles in China increased by 11.2% to 7.5 million units [8][10] - New energy vehicle unit sales grew by 47.1% year-over-year to 3.1 million units, representing 41.2% of total car sales in China [9] Company Strategy and Development Direction - The company aims to maintain a revenue guidance of $700 million for the full fiscal year 2025, based on current market conditions [23] - The strategy includes seeking more market share through competitive pricing, which has resulted in revenue growth [39] - The company is focusing on advanced gearing technologies and a diverse product portfolio to address market opportunities [14] Management Comments on Operating Environment and Future Outlook - Management noted that the Chinese economy has stabilized but still faces challenges [8] - The company anticipates maintaining a gross margin similar to Q1 2025 for the rest of the year, with slight improvements expected [39] - The impact of proposed U.S. tariffs has been minimal, with continued order flow and strategic planning for global expansion [46] Other Important Information - R&D expenses increased by 64% to $8.7 million, primarily due to advancements in EPS product development [11][18] - Operating expenses rose by 41.3%, leading to a 10.5% reduction in income from operations [12][19] - The company has begun mass production of its new R EPS product, which features advanced steering assist technologies [13] Q&A Session Summary Question: Why did R&D increase by 64% in Q1 2025? - The increase was due to heightened efforts in EPS product development, including staffing and equipment design [27][28] Question: What is the outlook for inventory levels and revenue in 2025? - Inventory increased due to advanced shipments in response to potential tariff pressures, but overall revenue is expected to maintain healthy levels [32][34] Question: What is the outlook for gross margin for the rest of 2025? - The gross margin is expected to remain similar to Q1 2025, with slight improvements anticipated [38][39] Question: What is the impact of U.S. proposed tariffs on new order flow? - The impact has been minimal, with continued order flow and proactive measures taken to manage inventory [46] Question: Update on the manufacturing of the R EPS product? - Mass production has begun, with orders from multiple OEMs including Cherry Auto and Iveco [49] Question: Update on Sentient operation and autonomous driving systems? - Significant progress has been made, with contracts from Volvo Truck and BYD, targeting substantial unit shipments for 2025 [50][52]

PDS Biotechnology (PDSB) Q1 2025 Earnings Call May 14, 2025 08:00 AM ET Speaker0 Greetings, and welcome to the PBS Biotech First Quarter and twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mike Moyer, LifeSci Advisors. Thank you, sir. You may begin. Speaker1 Thank you, operator. Good mor ...

RADCOM (RDCM) Q1 2025 Earnings Call May 14, 2025 08:00 AM ET Speaker0 Ladies and gentlemen, thank you for standing by. Welcome to the Radcom Limited Results Conference Call for the First Quarter of twenty twenty five. All participants are present in listen only mode. Following management's formal presentation, instructions will be given for the question and answer session. As a reminder, this conference is being recorded and will be available for replay on the company's website at www.radcom.com later today ...

European Wax Center (EWCZ) Q1 2025 Earnings Call May 14, 2025 08:00 AM ET Speaker0 Good morning, ladies and gentlemen, and thank you for standing by. Welcome to European Wax Center's First Quarter Fiscal twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. In order to facilitate as many participants as possible, we ask that you please limit yourself to one question and one follow-up during t ...

Financial Data and Key Metrics Changes - First quarter sales were $11.6 million, representing a 38% increase compared to the first quarter of 2024 and a 15% sequential increase compared to the fourth quarter of 2024 [12] - Adjusted gross margin improved approximately 500 basis points year-over-year and approximately 400 basis points sequentially [13] - Net loss for the quarter was $37.7 million compared to a net loss of $24.1 million in the prior year period, largely reflecting higher interest expense [13] - Adjusted EBITDA loss for the quarter was $8.8 million compared to $6.9 million in the prior year period, but improved by $500,000 from the fourth quarter of 2024 [14] Business Line Data and Key Metrics Changes - Yields in the Georgia facility increased by 20% in the first quarter compared to the fourth quarter, attributed to the refinement of the growing system with the STACK phase [9] - The product mix recalibration at the Texas facility is expected to begin full commercial production this month, which is anticipated to drive operational efficiencies and margin improvement [8] Market Data and Key Metrics Changes - The company is actively engaged in discussions with multinational and national retailers to include the Midwest region in their sourcing plans, indicating strong market interest [10] - The relationship with Walmart has strengthened, with additional commitments to serve 13 Walmart distribution centers [11] Company Strategy and Development Direction - The company aims to achieve positive adjusted EBITDA in the third quarter of 2025, with a focus on operational efficiencies, product diversification, and cost management [7] - Plans to enter the Midwest with a new facility are progressing, with promising discussions with retailers [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving positive adjusted EBITDA in the near term, driven by operational improvements and increased retail demand for CEA products [6][7] - The company expects revenue in the second quarter to be in the range of $12 million to $12.5 million, reflecting the impact of the Texas facility transition [17] Other Important Information - The company ended the quarter with cash and cash equivalents of $28.4 million, and a significant debt restructuring was completed, eliminating approximately $197 million of debt [16] - The restructuring will reduce interest expense over time, with no cash interest or amortization payments required for two years [28] Q&A Session Summary Question: What is driving the material lift coming into the back half of the year? - Management highlighted the Texas transition, Georgia yield improvement, and new products as key drivers for growth [21][22] Question: Can you elaborate on the Georgia yield improvement? - The yield increase is due to an R&D program focused on light optimization, which has exceeded expectations [22][23][34] Question: How will the debt restructuring impact interest expense? - The restructuring will allow for a gradual reduction in interest expense over ten years, with no cash interest payments for two years [27][28]

Global-E Online (GLBE) Q1 2025 Earnings Call May 14, 2025 08:00 AM ET Speaker0 Welcome to the Global E First Quarter twenty twenty five Earnings Call. This call is being simultaneously webcast on the company's website in the Investor Relations section under News and Events. For opening remarks and introductions, I will now turn the call over to Alan Katz, Investor Relations. Please go ahead. Speaker1 Thank you and good morning everyone. It's great to join the Global E team. With me on the call today are Ami ...