Gogo (GOGO) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Speaker0 Good day and thank you for standing by. Welcome to the Q1 twenty twenty five Gogo, Inc. Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. You will then hear an automated message advising your hand is raised. To withdraw your question, please press 1, 1 again. Please be advised that today's conference is being recorded. I would no ...

Kingstone Companies (KINS) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Speaker0 Greetings, and welcome to the Kingstone Companies First Quarter 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's now my pleasure to introduce Karen Daly, Vice President, The Equity Group and Kingstone's Investor Relations representative. Karen, yo ...

Financial Data and Key Metrics Changes - The company generated $1,409 million in revenue for Q1 2025, representing a 20% year-over-year growth [10] - Adjusted EBITDA for the same period was $103 million [10] - Revenue guidance for FY 2025 has been revised to $6,200 million to $6,400 million, and adjusted EBITDA guidance to $800 million to $900 million [12] Business Line Data and Key Metrics Changes - Sportsbook handle increased by 16% year-over-year to $13,900 million, consistent with expectations [11] - Structural sportsbook hold percentage improved to 10.4%, up 60 basis points year-over-year [11] - Promotional reinvestment as a percentage of gross gaming revenues became more efficient year-over-year, contributing to an adjusted gross margin increase of over 100 basis points to 45% [12] Market Data and Key Metrics Changes - Customer-friendly sports outcomes negatively impacted revenue by $170 million and adjusted EBITDA by $111 million year-to-date [13] - Handle growth in the NCAA tournaments was significant, with higher seeds winning at an 82% rate, the highest in history [6] Company Strategy and Development Direction - The company is focused on enhancing product offerings and optimizing promotional strategies to improve structural hold and efficiency [5][10] - There is a strong emphasis on live betting, which has seen significant growth, contributing to overall handle increases [54] - The company is exploring M&A opportunities selectively, focusing on creating shareholder value [19][68] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of online gaming during economic downturns, citing strong customer metrics [7] - The company anticipates continued growth in handle and structural hold, with expectations for Q2 revenues to increase approximately 25% year-over-year [15] - Management acknowledged the impact of customer-friendly outcomes but remains optimistic about future performance normalizing [22] Other Important Information - The company completed Q1 with $1,100 million in cash after repurchasing shares [7] - There is a focus on leveraging AI across the organization to improve efficiency and customer service [40][94] Q&A Session Summary Question: M&A Strategy - Management views M&A as part of an overall strategy to create shareholder value, with recent acquisitions yielding positive results [19] Question: Structural Hold vs. Actual Hold - Management is confident that recent unfavorable outcomes are random and that structural hold and actual hold will converge over time [22] Question: Handle Growth Trends - There has been a slight deceleration in handle growth moving into April, but overall growth remains strong [30] Question: iGaming Growth Rates - Management expects iGaming growth to accelerate, with April showing a year-over-year growth of 26% [33] Question: Live Betting Dynamics - Live betting has become a significant portion of total handle, with expectations for continued growth [53] Question: Advertising Spend Efficiency - The company is seeing efficiencies in digital advertising spend, which may allow for increased investment in that area [78] Question: International Expansion Plans - While international expansion is not a current necessity, management is open to opportunities that align with their growth strategy [68] Question: Jackpocket Integration - The company is actively working on integrating Jackpocket into its platform, with expectations for profitability despite market challenges [116]

Sanuwave Health (SNWV) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Speaker0 Good day, everyone, and welcome to today's SANUWAVE Earnings Call. At this time, all participants are in a listen only mode. Later, you will have the opportunity to ask questions during the question and answer session. Please note today's call will be recorded and I will be standing by should you need any assistance. It is now my pleasure to turn the conference over to Chairman and CEO of SANUWAVE, Morgan Frank. Please go ahead. ...

Montauk Renewables (MNTK) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Speaker0 Good day, everyone, and thank you for participating in today's conference call. I'd like to turn the call over to Mr. John Ciroli as he provides some important cautions regarding forward looking statements and non GAAP financial measures contained in the earnings materials or made on this call. John, please go ahead. Speaker1 Thank you, and good day, everyone. Welcome to Montauk Renewables earnings conference call to review th ...

Anika Therapeutics (ANIK) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Speaker0 morning, ladies and gentlemen. Welcome to Anika's First Quarter Earnings Conference Call. At this time, all lines are in a listen only mode. Following the presentation, we will conduct a question and answer session. I will now turn the call over to Matt Hall, Director, Corporate Development and Investor Relations. Please proceed. Speaker1 Thank you. Good morning, and thank you for joining us for Anika's first quarter twenty tw ...

Financial Data and Key Metrics Changes - The company achieved record quarterly revenue, net effective spread, and core earnings in Q1 2025, with core earnings increasing by 6% year-over-year to $46 million [4][15] - Gross new business volume reached $1.8 billion, with outstanding business volume growing by $232 million to $29.8 billion [5][15] - Net effective spread reached a record of $90 million or 117 basis points, with sequential and year-over-year improvements of $2.5 million and $6.9 million respectively [15][22] Business Line Data and Key Metrics Changes - The infrastructure finance line of business grew by approximately $750 million, with significant contributions from the power and utility segment and broadband infrastructure segment growing by 22% [6][8] - Renewable energy segment grew by nearly $200 million, a 14% increase since year-end 2024 [8] - Farm and ranch loan purchases saw a net increase of $86 million despite $500 million in scheduled maturities [9][10] Market Data and Key Metrics Changes - The company noted a strong demand for farm and ranch assets, with a focus on liquidity and working capital needs due to tightening agricultural economic conditions [60] - The overall credit profile remained strong, with 90-day delinquencies at 54 basis points, up from 37 basis points at year-end 2024 [18][19] Company Strategy and Development Direction - The company continues to focus on mission-based profitable growth, diversifying its portfolio to create opportunities in various interest rate environments [5][12] - Strategic investments and talent acquisition in infrastructure finance and renewable energy are prioritized to build expertise and capacity [8][12] - The company plans to enhance its securitization program to optimize the balance sheet and target new asset opportunities [21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating broader market uncertainties related to interest rates, regulatory shifts, and government actions [5][12] - The company anticipates continued growth in the farm and ranch segment due to ongoing agricultural economic tightening and potential government support programs [10][61] - Management highlighted a strong liquidity position with 289 days of liquidity and approximately $1 billion in cash and short-term instruments [22][23] Other Important Information - Operating expenses increased by 8% year-over-year due to investments in infrastructure technology and higher licensing fees [16] - The company’s core capital of $1.5 billion exceeded statutory requirements by $601 million or 65% as of March 31, 2025 [19][20] Q&A Session Summary Question: Impact of tariffs on agricultural shipments to China - Management discussed historical support programs for farmers during tariff disruptions and noted current shifts in trade patterns towards Mexico [28][30] Question: Dynamics of net effective spread across business lines - Management explained that the net effective spread increase was driven by strong loan activity in the farm and ranch segment, while broadband and renewable energy segments experienced slight declines [34][36] Question: Changes in funding costs and upcoming securitization - Management indicated improved funding dynamics from Q4 to Q1 and expressed optimism about the upcoming securitization transaction [48][50] Question: Outlook for renewable energy and tax credits - Management confirmed no new tax credit activity in Q1 but remains optimistic about future opportunities [54][55] Question: Applications of AI within the company - Management highlighted the focus on using AI to improve internal processes, particularly in loan document management [70][72]

Ziff Davis (ZD) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Speaker0 Good day, ladies and gentlemen, and welcome to the Ziff Davis First Quarter twenty twenty five Earnings Conference Call. My name is Paul, and I will be the operator assisting you today. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. On this call will be Vivek Shah, CEO of Ziff Davis and Brett Richter, Chief Financial Officer of Ziff Davis. I will now turn the ...

Rapid Micro Biosystems (RPID) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Speaker0 Thank you for standing by. My name is RG, and I will be your conference operator today. At this time, I would like to welcome everyone to the Rapid Micro Biosystems First Quarter twenty twenty five 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 session. Thank you. I would now like to turn the call over to Mike Bu ...

InspireMD Inc (NSPR) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Speaker0 Good morning and welcome to InspireMD's First Quarter twenty twenty five Earnings Conference Call. Currently, all participants are in a listen only mode. We will be facilitating a question and answer session towards the end of today's call. As a reminder, this call is being recorded for replay purposes. I would now like to turn the call over to Webb Campbell from Gilmartin Group for introductory disclosures. Speaker1 Thank you for ...