Cantaloupe (CTLP) Q3 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Please be advised that today's conference is being recorded. I would now like to hand the conference over to Meghna Mera, Investor Relations. Please go ahead. Speaker1 Thank you. Good afternoon, everyone. Welcome to the Cantaloupe third quarter earnings conference call. With me on the call today is Ravi Venkatesan, Chief Executive Officer and Scott Stewart, Chief Financial Officer. Before we begin today's call, we would like to remind ...

Arko (ARKO) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Afternoon, ladies and gentlemen, and welcome to the Arco Corp. First Quarter twenty twenty five 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. This call is being recorded on Thursday, 05/08/2025. I would now like to turn the conference over to Jordan Mann, Senior Vice President, Corporate Strategy and Capital Markets, Investor Relations. ...

News (NWS) Q3 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Welcome to the News Corp's Third Quarter Fiscal twenty twenty five earnings conference call. Today's conference is being recorded. Media will be allowed on a listen only basis. At this time, I'd like to turn the conference over to Michael Floren, senior vice president and head of investor relations. Please go ahead. Speaker1 Thank you very much, operator. Hello, everyone, and welcome to News Corp's fiscal third quarter two thousand twenty fi ...

TKO Group Holdings (TKO) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good afternoon. Thank you for attending today's TKO Q1 twenty twenty five Earnings Call. My name is Cole, and I'll be the moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. I'd now like to hand it over to Seth Zaslow, Head of Investor Relations. Please go ahead. Speaker1 Good afternoon, and welcome to TKO's first quarter twent ...

Clarus (CLAR) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good afternoon, everyone, and thank you for participating in today's conference call to discuss Clarus Corporation's financial results for the first quarter ended 03/31/2025. Joining us today are Clarus Corporation's Executive Chairman, Warren Kanders CFO, Mike Yates President of Black Diamond Equipment, Neil Fisk and the company's External Director of Investor Relations, Matt Berkowitz. Following the remarks, we'll open the call for your ...

Financial Data and Key Metrics Changes - Revenue for Q1 2025 was $332.1 million, a 10% increase year-over-year compared to $302 million in Q1 2024, but a decrease of 2.1% sequentially from $339.3 million in Q4 2024 [12][18] - GAAP net loss for Q1 2025 was $4.4 million, or a loss per share of $0.10, compared to net income of $14 million or $0.30 per diluted share in Q1 2024 [14] - Non-GAAP adjusted net income for Q1 2025 was $8.8 million, or $0.19 per diluted share, down from $13 million or $0.28 per diluted share in Q1 2024 [14] - EBITDA for Q1 2025 was $26.2 million, or 7.9% of revenue, compared to $48.3 million or 16% of revenue in the prior year period [15] Business Line Data and Key Metrics Changes - Automotive and industrial markets accounted for 42% of Q1 2025 product revenue, maintaining the same level as the previous quarter [7][19] - The computing segment represented 27% of product revenue, with ongoing design momentum in AI server and data center applications [18][25] - Consumer market revenue was 17%, while communication market revenue was 14% [19][27] Market Data and Key Metrics Changes - Asia represented 78% of revenue, Europe 13%, and North America 9% in Q1 2025, with improvements noted across all regions [18] - Channel inventory levels decreased, indicating a better alignment with actual demand [7][18] Company Strategy and Development Direction - The company announced a $100 million stock repurchase program, reflecting confidence in future growth prospects [10] - The hybrid manufacturing model allows the company to adapt to global customer needs and mitigate tariff impacts [10][28] - The focus remains on content expansion and gaining market share in the automotive sector as it recovers [20] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about growth prospects in 2025 and beyond, despite current economic uncertainties due to tariffs [29] - The company expects revenue for Q2 2025 to increase to approximately $355 million, representing 11% growth year-over-year [17] Other Important Information - Total inventory days at the end of Q1 2025 were approximately 187, down from 193 in the previous quarter [16] - Cash flow provided by operations was $56.7 million for Q1 2025, with free cash flow of $40.8 million [15] Q&A Session Summary Question: Demand pull forward due to inventory levels and tariffs - Management noted that while tariffs create uncertainty, they do not see significant demand pull forward, but rather an improvement in channel inventory and backlog [35][36] Question: Impact of tariffs on manufacturing strategy - The hybrid manufacturing model will continue to be a focus, with no changes to the strategy despite tariff issues [39][40] Question: AI CapEx trends and regional demand - Demand is strong in data center applications, particularly among hyperscalers, with positive trends in edge computing as well [44][46] Question: Gross margin catalysts and potential headwinds - Management expects margin improvement in the second half of the year, driven by increased revenue and improved product mix [48][52] Question: Normalization of distributor inventories - Current inventory levels are slightly above the target range of 11 to 14 weeks, but management is comfortable with the levels supporting expected growth [58]

Olo (OLO) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 and gentlemen, greetings, and welcome to the Olo Inc. 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 is now my pleasure to introduce your host, Gary Fuges, Senior Vice President of Investor Relations. Please go ahead. Speaker1 Thank you. Good afterno ...

Financial Data and Key Metrics Changes - Revenue in Q1 2025 increased by 28.7% year over year, reaching $1.36 billion, while adjusted EBITDA was a record $15.6 million, a significant improvement from a loss of $20.1 million in the previous year [20][25][26] - Total transactions increased by 27.8%, with organic transactions up 7.3%, significantly outperforming the overall market, which saw a decline of 2.1% [4][21] - The company generated $19.5 million in free cash flow, marking a new record for Q1 and an improvement from $5.9 million in Q1 2024 [26] Business Line Data and Key Metrics Changes - The title and escrow business showed strong momentum, with attach rates up 695 basis points year over year [6] - Principal agent retention grew to 96.6%, reflecting the company's ability to retain talent in a competitive market [5] Market Data and Key Metrics Changes - Compass' market share increased to 6%, up 125 basis points year over year, indicating a strong competitive position [21] - Gross transaction value reached $52 billion, a 30.7% increase from the previous year, driven by a combination of increased transactions and a slight rise in average selling price [21] Company Strategy and Development Direction - The company aims to control organic operating expenses at a growth rate of 3% to 4% annually while expanding its market share through organic growth and M&A activities [14][15] - The acquisition of Christie's International Real Estate is expected to enhance the company's market position and provide access to new segments [6][24] - The three-phase marketing strategy is designed to empower agents and provide homeowners with more marketing choices, which is expected to drive future growth [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to outpace the market despite recent volatility due to external factors such as tariff discussions [20][36] - The company anticipates continued growth in transactions and market share, driven by its strong agent recruitment and retention strategies [5][60] Other Important Information - The company ended Q1 with $127 million in cash and cash equivalents, with $50 million drawn on its revolver to fund acquisitions [27] - The guidance for Q2 2025 includes expected revenue in the range of $2 billion to $2.15 billion and adjusted EBITDA between $115 million and $135 million [28] Q&A Session Summary Question: What was revenue growth tracking ahead of the disruption in March? - Management indicated that revenue growth was tracking close to the midpoint of guidance before the March volatility, with April tracking expectations [40][41] Question: What is the latest with NAR's clear cooperation policy? - Management confirmed that the three-phase marketing strategy remains intact under the current rules, emphasizing homeowner choice [48][50] Question: How is the company addressing agent recruitment post-NAR changes? - Management noted that the demand for the three-phase marketing strategy continues to resonate with agents, particularly in the luxury segment [56][60] Question: What are the churn trends in the quarter? - Churn was in line with historical levels, with no significant changes noted, and the company added agents instead of experiencing churn [72][73] Question: How is the private exclusive listings strategy performing? - The majority of transactions that close as private exclusives are co-brokered with agents from other firms, indicating a collaborative approach [77][78] Question: How is the company thinking about market share in the context of M&A? - Management expressed optimism about continued market share gains through both organic growth and acquisitions, with a focus on top-performing agents [91][92]

Financial Data and Key Metrics Changes - Q1 revenue reached $616 million, representing a 25% year-over-year increase [45] - Adjusted EBITDA for the quarter was $208 million, reflecting a 34% margin [45] - Adjusted net income was $165 million, or $0.33 per fully diluted share [49] - Free cash flow was $230 million in Q1 [49] Business Line Data and Key Metrics Changes - CTV (Connected TV) remains the largest and fastest-growing advertising channel, representing a high 40s percentage share of the business [46] - Mobile accounted for a mid-30s percentage share of spend, while display represented a low double-digit share and audio around 5% [46] - The adoption of the Kokai platform accelerated, with about two-thirds of clients now using it, ahead of schedule [60] Market Data and Key Metrics Changes - North America represented approximately 88% of spend, while international markets accounted for about 12% [46] - International growth outpaced North America for the ninth consecutive quarter, driven by CTV [47] Company Strategy and Development Direction - The company aims to capture market share in a more competitive landscape, particularly in the open Internet space [19][40] - Innovations like OpenPath and the acquisition of Sincerra are expected to enhance supply chain efficiency and transparency [24][28] - The focus remains on maintaining independence and objectivity to differentiate from competitors like Google and Amazon [45][82] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to navigate macroeconomic uncertainties and continue to grow [51] - The outlook for Q2 anticipates revenue of at least $682 million, reflecting a 17% year-over-year growth [51] - The company is optimistic about the open Internet's prospects following recent antitrust rulings against Google [19][70] Other Important Information - The company has no debt and ended the quarter with approximately $1.7 billion in cash and short-term investments [49] - A significant share repurchase program was executed, with $386 million of Class A common stock repurchased [50] Q&A Session Summary Question: Can you elaborate on the progress from product and go-to-market changes? - Management highlighted strong Q1 performance and noted that upgrades contributed to outperformance, with Kokai adoption ahead of schedule [56][60] Question: What are the implications of Google's antitrust verdict for DSPs? - Management believes the verdict will create a fairer market, allowing the company to compete more effectively against reduced competition from Google [65][70] Question: How does the company view Q2 guidance amid uncertainty? - Management remains optimistic, citing strong underlying business fundamentals and the ability to assist clients in navigating challenges [72][75] Question: How is the competitive landscape evolving, particularly with Amazon? - Management views Amazon's focus on Prime Video as a limitation, asserting that the company’s CTV growth is outpacing Amazon's advertising growth [80][82] Question: What progress is being made with OpenPath and expectations for the upfront? - Management anticipates a stronger performance for programmatic advertising during the upfronts, with ongoing improvements in OpenPath [90][92]

Eastman Kodak Company (KODK) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good day, and thank you for standing by. Welcome to the Eastman Kodak Quarter One Earnings Conference Call. At this time, all participants are in a listen only mode. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Anthony Redding. Anthony, you may now begin. Speaker1 Thank you, and good afternoon, everyone. I am Anthony Redding, Eastman K ...