Profound Medical (PROF) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Stephen Kilmer - Investor RelationsRashed Dewan - CFOMathieu Burtnyk - PresidentTom Tamberrino - Chief Commercial OfficerArun Menawat - Chairman & CEOBen Haynor - Managing DirectorJohn McAulay - AVPScott McAuley - Head of Research Conference Call Participants Michael Freeman - Equity Research Analyst - Healthcare Operator Good day, and thank you for standing by. Welcome to the Profound Medical First Quarter twenty tw ...

HubSpot (HUBS) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Ryan Burkart - Senior Director - Investor RelationsYamini Rangan - CEOKate Bueker - CFOMark Murphy - MD - Software ResearchDharmesh Shah - Co-Founder & CTOSamad Samana - Managing DirectorArjun Bhatia - Co-Group Head - Technology, Media & CommunicationsJackson Ader - Managing DirectorKirk Materne - Senior Managing Director - Equity Research Conference Call Participants Gabriela Borges - AnalystAlex Zukin - AnalystRishi Jaluria ...

Blend Labs (BLND) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Amir Jafari - CFO, Head of Finance & OperationsNima Ghamsari - Co-Founder, Chairman and HeadAaron Kimson - Vice PresidentRyan Tomasello - Managing DirectorDavid Unger - Equity ResearchJoseph Vafi - Managing Director, Equity ResearchSeth Gilbert - Director - Equity Research Conference Call Participants Dylan Becker - Research Analyst Operator Thank you for standing by. My name is Rebecca, and I will be your conference opera ...

Financial Data and Key Metrics Changes - In Q1 2025, consolidated net sales increased by 11.1% compared to Q1 2024, with a net loss of $27.2 million and consolidated adjusted EBITDA of $8.2 million, impacted by $3.3 million in Conway scale-up operating costs [12][13] - Adjusted EBITDA for the Beverage Solutions segment was $9.6 million, down from $10.8 million in Q1 2024, despite a 3.8% increase in net sales [13] - The Sustainable Sourcing and Traceability segment saw a 44% increase in sales, resulting in adjusted EBITDA of $1.9 million compared to $0.3 million in Q1 2024 [14] Business Line Data and Key Metrics Changes - The Beverage Solutions segment experienced a 3.8% increase in net sales, driven by a 7.6% increase in roasting ground coffee volumes and higher coffee commodity prices [13] - The Sustainable Sourcing and Traceability segment's sales growth was attributed to strong volume growth and margin capture, alongside higher coffee prices [14] Market Data and Key Metrics Changes - The company is contending with historically high green coffee prices and anticipates the impact of recently announced tariffs on coffee costs [16] - Despite political and macroeconomic headwinds affecting consumer spending, the company managed to grow roast and ground coffee volumes year over year [12] Company Strategy and Development Direction - The company aims to become the premier integrated strategic supplier to leading coffee, tea, and energy beverage brands globally, with a focus on innovation and sustainable sourcing [5][9] - The launch of new manufacturing facilities in Conway, Arkansas, is a significant driver of performance, with plans for further expansions to meet increasing demand [6][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving guidance for both the first half and full year of 2025, despite challenges in the operating environment [5][17] - The company is closely monitoring consumer confidence and spending, managing expenses proactively to mitigate potential impacts [16][17] Other Important Information - Capital expenditures in Q1 2025 totaled approximately $41 million, with over $30 million related to the Conway Extract and RTD facility [15] - The company has approximately $86 million in unrestricted cash and undrawn revolving credit commitments [15] Q&A Session Summary Question: Can you remind us about the full-scale production start at Conway? - The first large can line started this month, ramping up in May and June, with a second can line and a glass line expected to come online in the third quarter [22][23] Question: How are volumes ramping up in the single-serve side? - The company is winning in the market with several private label and branded product wins, leading to increased single-serve volumes [27][30] Question: What visibility do you have into orders supporting EBITDA growth in the back half of the year? - Management is confident in meeting customer volume commitments and demand is strong, with customers lining up for production slots [34] Question: Where do you stand on coffee demand and pricing? - The company is experiencing a share shift, with underlying unit demand improving despite high coffee prices and tariffs [53][56] Question: Can you expand on recent wins that are helping offset volume headwinds? - Recent wins include new customers in retail and traditional coffee categories, contributing to increased volume [61][62] Question: What capacity do you have to continue taking share? - The company has built infrastructure to add machines without needing additional space, allowing for significant capacity to take on new business [66]

Expedia Group (EXPE) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Harshit Vaish - SVP of Corporate Development, Strategy & Investor RelationsAriane Gorin - CEOScott Schenkel - CFOJustin post - Managing DirectorNaved Khan - Managing Director - Equity ResearchJed Kelly - Managing Director - Equity Research Conference Call Participants Deepak Mathivanan - Senior Equity Research AnalystTrevor Young - AnalystEric Sheridan - AnalystConor Cunningham - AnalystLee Horowitz - AnalystNone - Anal ...

Solventum (SOLV) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Amy Wakeham - Senior Vice President of Investor Relations & External Finance CommunicationsBryan Hanson - CEOWayde McMillan - Chief Financial OfficerPatrick Wood - Managing DirectorDavid Roman - Managing DirectorTravis Steed - Managing Director - Equity Research Conference Call Participants Rick Wise - AnalystJason Bednar - Senior Research AnalystNone - AnalystSteven Valiquette - MD & Senior Equity Research Analyst - Coveri ...

Longeveron (LGVN) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Derek Cole - PresidentJoshua Hare - Co-Founder, Chief Science Officer & ChairmanWa'el Hashad - CEO & DirectorNataliya Agafonova - Chief Medical OfficerDevin Blass - SVP & CTOLisa Locklear - CFO & TreasurerRaghuram Selvaraju - Managing Director, Healthcare Equity Research Conference Call Participants Boobalan Pachaiyappan - Managing Director, Senior Research AnalystMichael Okunewitch - Senior Biotechnology Analyst Operator ...

Financial Data and Key Metrics Changes - In Q1 2025, the company reported a revenue of $855 million, reflecting a 16% year-over-year increase [6][34] - Adjusted EBITDA grew to $172 million, with an adjusted EBITDA margin of 20%, an increase of 300 basis points compared to Q1 2024 [7][37] - The company ended the quarter with cash, cash equivalents, and marketable securities totaling $2.6 billion [37] Business Line Data and Key Metrics Changes - The company achieved a record number of 570 million monthly active users (MAUs), representing a 10% growth year-over-year [6][32] - Revenue from the U.S. and Canada was $663 million, growing 12%, while Europe saw revenue of $147 million, growing 24% [35] - Revenue from the rest of the world reached $45 million, growing 49% [36] Market Data and Key Metrics Changes - Ad impressions grew by 49% year-over-year, while ad pricing declined by 22% [36] - The international mix shift contributed to the decline in ad pricing, as ads were served in previously unmonetized markets [36][72] - The company expanded its reseller efforts to eight additional markets, enhancing revenue from catalog shopping ads [25][26] Company Strategy and Development Direction - The company is focused on enhancing user engagement through improved visual search capabilities and AI-driven personalization [9][12] - The strategy includes leveraging a full funnel approach to advertising, allowing advertisers to reach consumers at various stages of their shopping journey [17][78] - The company aims to deepen engagement and grow its user base while maintaining expense discipline and investing in high ROI opportunities [31][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the health of the business and the effectiveness of product investments made over the past three years [38][46] - The company anticipates Q2 2025 revenue to be in the range of $960 million to $980 million, representing a 12% to 15% growth year-over-year [38] - Management acknowledged some softness in ad spend from certain categories due to macroeconomic factors but emphasized strong fundamentals [45][46] Other Important Information - The company is enhancing its privacy-centric measurement tools to improve performance measurement for advertisers [26] - The introduction of Performance Plus is expected to drive advertiser value and improve campaign efficiency [22][59] - The company is leveraging AI to automate repetitive tasks and improve engineering productivity, with over 25% of code now generated through AI [31][85] Q&A Session Summary Question: Guidance for Q2 and impact of tariffs on retail and CPG - Management noted strength in business trends and geographic diversification from Asia-based retailers to European markets, despite some tariff impacts [44][45] Question: Progress on Performance Plus and advertiser receptivity - Management highlighted strong performance from advertisers using Performance Plus, with 80% of campaigns outperforming traditional ones [59][60] Question: Trends in ad impressions and pricing in the U.S. and Canada - Management explained that impression growth and pricing dynamics are primarily driven by international mix shift, with less pronounced trends in mature markets [72][73] Question: Broader macro volatility impacting ad spend - Management emphasized the ability to tie together full funnel campaigns, which is particularly compelling during periods of uncertainty [78][79] Question: Success in emerging verticals and AI-generated code - Management discussed growth in financial services and other emerging verticals, highlighting the platform's appeal during key life moments [84][85]

SIGA (SIGA) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Diem Nguyen - CEO & DirectorDaniel Luckshire - EVP & CFOJyoti Prakash - Director Operator Good afternoon. Welcome to FIGA Technology Business Update Call. Before we turn the call over to FIGA management, please note that any forward looking statements made during this call are based on management's current expectations and observations and are subject to risks and uncertainties that could cause actual results to differ from the ...

Pacira BioSciences Inc (PCRX) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Susan Mesco - Vice President Investor RelationsFrank Lee - CEO & DirectorJonathan Slonin - Chief Medical OfficerShawn Cross - Chief Financial OfficerAnish Nikhanj - Senior Associate - Biotechnology Equity ResearchBrendan Teehan - Chief Commercial OfficerGary Nachman - Managing Director - Equity ResearchJeevan Larson - Equity Research Associate Conference Call Participants Hardik Parikh - Equity Research Analyst ...