Tyler Technologies Inc (NYSE:TYL) Q1 2025 Results Conference Call April 24, 2025 10:00 AM ET Company Participants Hala Elsherbini - Senior Director of IR Lynn Moore - CEO, President & Director Brian Miller - EVP & CFO Conference Call Participants Kirk Materne - Evercore Ken Wong - Oppenheimer Terry Tillman - Truist Securities Michael Turrin - Wells Fargo Securities Alexei Gogolev - JPMorgan Joshua Reilly - Needham Saket Kalia - Barclays Charles Strauzer - CJS Securities Rob Oliver - Baird Jonathan Ho - Will ...

Financial Data and Key Metrics Changes - CACI reported revenue growth of 12% for Q3 2025, with total revenue reaching $2.2 billion, of which 5.6% was organic growth [9][32] - EBITDA margin improved to 11.7%, reflecting a year-over-year increase of 40 basis points [32] - Free cash flow for the quarter was $188 million, showing strong sequential and year-over-year increases [35][40] - Adjusted diluted earnings per share increased by 9% year-over-year to $6.23 [33] Business Line Data and Key Metrics Changes - The company won $2.5 billion in awards during the quarter, resulting in a book-to-bill ratio of 1.2 times for the quarter and 1.5 times on a trailing twelve-month basis [9][42] - The backlog increased by 10% year-over-year to $31 billion, representing nearly four years of annual revenue [42] Market Data and Key Metrics Changes - Demand signals from customers remain strong, driven by geopolitical realities and a supportive funding environment for national security spending [12][17] - The company has seen a constructive funding environment with healthy budgets and an upward bias in national security spending [12][17] Company Strategy and Development Direction - CACI's strategy focuses on software-defined capabilities, aligning with the new administration's priorities for national security [13][14] - The company is positioned to benefit from increased defense budgets and bipartisan support for national security initiatives [30][39] - CACI continues to invest ahead of customer needs, which has proven to be a successful strategy in winning contracts [29][48] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving three-year financial targets and driving long-term growth and shareholder value [10][30] - The macro environment is seen as favorable, with expectations of continued demand for national security solutions [12][30] - Management noted that while there may be some slower decision-making, the overall business performance remains strong [9][12] Other Important Information - CACI initiated an open market share repurchase program, buying back 436,000 shares at an average price of approximately $344 per share [35][36] - The company raised its fiscal year 2025 guidance for revenue, adjusted EPS, and free cash flow due to strong business performance [38][40] Q&A Session Summary Question: How has contract growth trended since the change in administration? - Management indicated no slowdown in on-contract growth measures and noted a strong level of RFPs being responded to [54][56] Question: How much revenue is already in the backlog for FY '26? - Management stated that no single program accounts for more than 5% of revenue and that the backlog is building well [57][58] Question: What are the implications of the DOD memo about insourcing or updating acquisition for tech? - Management sees the executive orders as a net positive for CACI, aligning with their software-defined capabilities strategy [61][64] Question: Can you discuss the budget cadence and outlay mechanics? - Management highlighted that the full-year continuing resolution allows for new starts and provides good visibility for national security spending [75][80] Question: What specific areas of incremental funding represent the biggest opportunities? - Management identified electronic warfare, border security, and DOD IT modernization as key areas for future growth [88][92] Question: Can you provide an update on the development and ramp of production for your optical communications business? - Management confirmed they are on track to deliver six times the volume of optical communications terminals compared to FY 2024 [96][98] Question: How is CACI positioned regarding the ongoing GSA review? - Management stated they are not part of the top 10 contractors but have been proactive in discussions about cost savings and agile development [140][144]

Nasdaq (NDAQ) Q1 2025 Earnings Call April 24, 2025 03:00 PM ET Company Participants Ato Garrett - Senior VP & Investor Relations OfficerAdena Friedman - CEO & ChairmanSarah Youngwood - Executive VP & CFOSimon Clinch - PartnerCraig Siegenthaler - Managing DirectorAlex Blostein - Managing DirectorBen Budish - DirectorKyle Voigt - Managing Director - Equity ResearchBrian Bedell - DirectorAlex Kramm - Managing Director - Equity Research Conference Call Participants Patrick Moley - Sr. Research AnalystAshish Sab ...

Whirlpool (WHR) Q1 2025 Earnings Call April 24, 2025 02:59 PM ET Company Participants Scott Cartwright - Head of Investor RelationsMarc Bitzer - CEO & Chairman of The BoardJames Peters - Executive VP, Chief Financial & Administrative Officer and President of Whirlpool AsiaLaura Champine - Director of ResearchSam Darkatsh - Managing DirectorMichael Rehaut - Executive DirectorDavid Macgregor - PresidentMichael Dahl - Managing DirectorEric Bosshard - CEO Conference Call Participants Susan Maklari - Senior Equi ...

Valley National Bancorp (NASDAQ:VLY) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Travis Lan - Senior Executive Vice President and Chief Financial Officer Ira Robbins - Chief Executive Officer Mark Saeger - Chief Credit Officer Conference Call Participants Frank Schiraldi - Piper Sandler Christopher McGratty - KBW Manan Gosalia - Morgan Stanley Anthony Elian - JPMorgan Matthew Breese - Stephens Jared David Shaw - Barclays Stephen Moss - Raymond James Jon Arfstrom - RBC Ca ...

CNX Resources (CNX) Q1 2025 Earnings Call April 24, 2025 02:54 PM ET Company Participants Tyler Lewis - VP of Investor RelationsZach Parham - Executive DirectorAlan Shepard - Chief Financial OfficerGabe Daoud - Managing Director, Energy Equity ResearchNoah Hungness - Equity Research AssociateJake Roberts - Director - E&P Research Conference Call Participants Leo Mariani - Managing Director, Senior Research Analyst Operator Good day, and welcome to the CNX Resources First Quarter twenty twenty five Q and A C ...

Live Oak Bancshares, Inc. (NYSE:LOB) Q1 2025 Earnings Conference Call April 24, 2025 9:00 AM ET Company Participants Greg Seward - General Counsel and Chief Risk Officer Chip Mahan - Chairman and Chief Executive Officer BJ Losch - President Walt Phifer - Chief Financial Officer Michael Cairns - Chief Credit Officer Conference Call Participants Crispin Love - Piper Sandler Tim Switzer - KBW David Feaster - Raymond James Operator Good morning, ladies and gentlemen, and welcome to the Q1 2025 Live Oak Bancshar ...

TransUnion (NYSE:TRU) Q1 2025 Earnings Conference Call April 24, 2025 9:30 AM ET Company Participants Greg Bardi – Vice President-Investor Relations Chris Cartwright – President and Chief Executive Officer Todd Cello – Executive Vice President and Chief Financial Officer Conference Call Participants Jeff Meuler – Baird Andrew Steinerman – JPMorgan Toni Kaplan – Morgan Stanley Faiza Alwy – Deutsche Bank Jason Haas – Wells Fargo Ashish Sabadra – RBC Capital Markets Tom Roesch – William Blair Manav Patnaik – B ...

Beam Global (NYSE:OII) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Hilary Frisbie - Senior Director-IR Rod Larson - President and CEO Alan Curtis - SVP and CFO Conference Call Participants David Smith - Pickering Energy Partners Eddie Kim - Barclays Colby Sasso - Daniel Energy Partners Operator Welcome to Oceaneering International, Inc.'s First Quarter 2025 Earnings Conference Call. My name is Julianne, and I will be your conference operator. All lines have been placed o ...

Atlantic Union Bankshares Corporation (NYSE:AUB) Q1 2025 Results Conference Call April 24, 2025 9:00 AM ET Company Participants William Cimino - Senior Vice President of Investor Relations John Asbury - President and Chief Executive Officer Robert Gorman - Executive Vice President and Chief Financial Officer David Ring - Executive Vice President and Wholesale Banking Group Executive Douglas Woolley - Executive VP & Chief Credit Officer Conference Call Participants David Bishop - Hovde Group Brian Wilczynski ...