CyberArk Software (CYBR) Q1 2025 Earnings Call May 13, 2025 08:30 AM ET Speaker0 Thank you for standing by. My name is Kate, and I will be your conference operator today. At this time, I would like to welcome everyone to the Q1 twenty twenty five CyberArk Software Ltd. Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer Thank you. I would now like to turn the call over to Srinivas, VP of Investor Relat ...

Regis (RGS) Q3 2025 Earnings Call May 13, 2025 08:30 AM ET Speaker0 Good morning, and thank you for joining the Regis third quarter twenty twenty five earnings conference call. I am your host, Kirsten Zupfer, Executive Vice President and Chief Financial Officer. I am joined today by our President and Chief Executive Officer, Matthew Doctor. All participants are in a listen only mode, and this conference is being recorded. I would like to remind everyone that the language on forward looking statements includ ...

Financial Data and Key Metrics Changes - Rental revenue reached a quarterly record of $38.9 million, a 15% increase year-over-year and a 2% sequential increase [6][20] - Adjusted EBITDA for the quarter was $19.3 million, marking a 14% increase compared to the first quarter of the previous year and a 7% sequential increase [7][22] - Net income for the quarter was $4.9 million, or $0.38 per diluted share, compared to $5.1 million, or $0.41 per diluted share in the prior year [21] - Total revenue for Q1 2025 was $41.4 million, a 12% increase from $36.9 million in Q1 2024 [20] Business Line Data and Key Metrics Changes - Adjusted rental gross margin was 61.9%, an increase of 80 basis points year-over-year and 150 basis points sequentially [21] - Rented adjusted gross margin reached 61.9%, marking one of the highest levels achieved in the past decade [21] Market Data and Key Metrics Changes - Natural gas prices are currently hovering in the mid-threes after peaking above four, with forecasts showing potential upside due to LNG export growth and new pipeline projects [10] - The company has observed modest CapEx reductions from customers, but these have not materially impacted its business [9] Company Strategy and Development Direction - The company is focusing on three growth and value drivers: asset utilization, fleet expansion, and mergers and acquisitions [11] - There is a strong emphasis on customer diversification, with the largest customer accounting for 46% of revenue, down from 54% in the previous fiscal year [15] - The company is maintaining its growth CapEx guidance of $95 million to $120 million, heavily weighted towards the second half of the year [29] Management's Comments on Operating Environment and Future Outlook - Management remains confident in the ability to perform despite market volatility and has not seen significant changes in the demand environment [35] - The company is cautiously optimistic about the future, with ongoing discussions about growth in 2026 and a strong pipeline of contracted units [5][9] - Management is closely monitoring macroeconomic conditions and their potential impact on the business [28] Other Important Information - The company ended the quarter with $168 million outstanding on its revolving credit facility, with a leverage ratio of 2.18 times [23] - Significant progress has been made in monetizing an $11 million income tax receivable, which is expected to be collected in the near future [12] Q&A Session Summary Question: Current demand environment and volatility - Management indicated that there has not been a significant change in the demand environment, with 2025 contracts essentially locked in and ongoing discussions for 2026 growth [35] Question: Gross margins and unusual factors - Management explained that the increase in gross margins is consistent with the mix of high horsepower units and that some natural volatility is expected [38][40] Question: Plans for monetization of assets - Proceeds from monetization efforts will primarily be used to pay down debt and fund organic growth initiatives [47] Question: Impact of crude oil volatility on smaller compression providers - Management noted that while crude oil prices primarily affect large horsepower, there are modest positive trends for small horsepower driven by natural gas prices [54] Question: Lead times for engines and frames - Lead times remain unchanged, with engines taking approximately six to nine months and compressor frames taking up to twelve months [58]

Altimmune (ALT) Q1 2025 Earnings Call May 13, 2025 08:30 AM ET Speaker0 Good morning, ladies and gentlemen, and welcome to the Altimmune First Quarter twenty twenty five Financial Results Conference Call. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press 11 again. As a reminder, this call ...

Acadia Healthcare Company (ACHC) Q1 2025 Earnings Call May 13, 2025 08:30 AM ET Speaker0 After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then 1 on your telephone keypad. To withdraw your question, please press star then 2. On today's call, we ask that you please limit yourself to one question and one follow-up during q and a. Also, please be aware that today's call is being recorded. I would now like to turn the call over to Brian Farley, Gene ...

908 Devices (MASS) Q1 2025 Earnings Call May 13, 2025 08:30 AM ET Speaker0 Hello, and welcome, everyone, to the nine zero eight Devices First Quarter twenty twenty five Financial Results Conference Call. My name is Becky, and I'll be your operator today. I will now hand over to your host, Kelly Gura, Investor Relations, to begin. Please go ahead. Speaker1 Thank you. This morning, nine zero eight Devices released financial results for the first quarter ended 03/31/2025. If you've not received this news relea ...

AirJoule Technologies (AIRJ) Q1 2025 Earnings Call May 13, 2025 08:30 AM ET Speaker0 Greetings. Welcome to the Air Juul Technologies First Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. Please note this conference is being recorded. It is now my pleasure to turn the conference over to your host, Tom Devine, Vice President of Investor Relations and Finance. Thank you. You may begin. Speaker ...

Financial Data and Key Metrics Changes - Ambac generated a net loss from continuing operations of $16 million or $0.58 per share in Q1 2025, compared to a loss of $4 million or $0.09 per share in Q1 2024 [10] - Total revenues from continuing operations increased by 27% to $63 million in Q1 2025, driven primarily by the acquisition of Beat [11] - Adjusted EBITDA from continuing operations was a loss of $1 million, compared to a slight profit in Q1 2024 [11] Business Line Data and Key Metrics Changes - The insurance distribution and specialty program business produced $318 million of premium, up 70%, and generated $63 million of revenue, up 27% from the prior period last year [5] - Serata generated over $230 million of premium for the quarter, up 156% [5] - Everspan's gross premiums written were approximately $87 million, down 10% from the prior year, while the loss ratio improved nearly 9% [8] Market Data and Key Metrics Changes - Organic growth, excluding the Beat acquisition, contracted by 2%, primarily due to a pullback in ESL and short-term medical business [6] - If FEED had been included in the organic growth computation, consolidated organic growth would have been approximately 17% across all lines [6] Company Strategy and Development Direction - The company aims to maintain profitable underwriting results and believes market conditions are stabilizing for growth [7] - Focus areas for enhancing organic growth include risk capacity enhancement, product expansion, and distribution expansion [7] - The company is building its business for the long term, targeting $80 million to $90 million of adjusted EBITDA for common shareholders by 2028 [16][17] Management's Comments on Operating Environment and Future Outlook - Management noted that the competitive environment is growing, but the company's unique business model allows it to attract top talent [24] - The company sees significant opportunities in the specialty P&C business and is focused on scaling its platform [16] Other Important Information - The OCI approval process for the sale of the legacy business is ongoing, which is expected to transform the company into a pure play specialty P&C insurance business [9] Q&A Session Summary Question: Importance of staffing for MGA ramp-up and market conditions for recruiting - Management emphasized that staffing is crucial for individual MGAs and that there are significant opportunities for staffing growth due to the attractiveness of the business model [19][20] Question: Update on property versus casualty mix and growth outlook - Management indicated that liability business will be the primary source of growth, while property remains critical, with a focus on diversifying the property segments [21][23] Question: Comments on the competitive environment - Management acknowledged growing competition but believes their differentiated model allows them to attract top talent and maintain a competitive edge [24]

Better Home & Finance (BETR) Q1 2025 Earnings Call May 13, 2025 08:30 AM ET Speaker0 Hello, and welcome to the Better Home and Finance Holding Company First Quarter twenty twenty five Results Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. I would now like to turn the conference over to Tarek Afifi, Corporate Finance. You may begin. Speaker1 Welcome to Better Homeland Finance Holding Company's first quarter e ...

Landstar System (LSTR) Q1 2025 Earnings Call May 13, 2025 08:30 AM ET Speaker0 Good morning, and welcome to Lonestar Systems Incorporated First Quarter Earnings Release Conference Call. All lines will be on a listen only mode until the formal question and answer session. Today's call is being recorded. If you have any objections, you may disconnect at this time. Joining us today from Lone Star are Frank Lonegro, president and CEO Jim Applegate, vice president and chief scope corporate sales strategy and spe ...