OneStream (OS) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Annie Leschin - VP - Strategic Finance & IRTom Shea - Co - Founder, CEO & PresidentBill Koefoed - CFOJohn DiFucci - Senior Managing DirectorAdam Hotchkiss - VP - Emerging Software Equity ResearchKoji Ikeda - Director - Enterprise Software Equity ResearchRyan Krieger - VP - Software Equity ResearchSonak Kolar - Software Equity Research AssociateTerry Tillman - Managing DirectorSiti Panigrahi - Managing DirectorScott Berg - Man ...

Flux Power (FLUX) Q3 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Krishna Vanka - CEO, President & DirectorJeff Mason - VP - OperationsKevin Royal - CFO & Corporate SecretaryKelly Frey - Chief Revenue Officer Conference Call Participants Craig Irwin - Managing Director, Senior Research AnalystLuke Persons - Research AnalystRob Brown - Founding Partner & Senior Research Analyst Operator Greetings, and welcome to the Flux Power Holdings Fiscal Third Quarter twenty twenty five Financial Res ...

1-800-FLOWERS.COM (FLWS) Q3 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Andy Milevoj - SVP - Investor RelationsJames McCann - Founder, CEO & Executive ChairmanJames Langrock - Senior VP & CFOThomas Hartnett - PresidentNone - ExecutiveMichael Kupinski - Director of ResearchDoug Lane - Head of Consumer Products Conference Call Participants Anthony Lebiedzinski - Senior Equity Research Analyst Operator Good afternoon, and welcome to the one-eighthundredFLOWERS.COM 20 20 5 Third Quarter Res ...

Financial Data and Key Metrics Changes - Total company revenue for Q1 2025 was $569 million, representing a 30% year-over-year growth, driven by a 29% increase in total Omnipod growth [21][22] - Gross margin improved to 71.9%, up 240 basis points year-over-year, while adjusted operating margin was 16.4% [34][35] - The company raised its gross margin guidance for the full year to approximately 71% despite an estimated 50 basis point impact from tariffs [43][44] Business Line Data and Key Metrics Changes - U.S. Omnipod revenue grew 26%, exceeding guidance, with strong demand for Omnipod five contributing to this growth [26][27] - New customer starts in the U.S. for Type one and Type two diabetes increased, with over 30% of new starts being Type two [20][21] - International revenue grew 36% above guidance, driven by strong demand for Omnipod five and customer base expansion [31][32] Market Data and Key Metrics Changes - The U.S. market saw a significant increase in healthcare providers prescribing Omnipod five, with nearly 25,000 HCPs now writing scripts, up over 20% from the previous year [30][31] - The company launched Omnipod five in Canada and Switzerland, bringing the total number of international market launches to 13 [32][33] - The international market for Type one diabetes is approximately 3.5 million people, with only 20% to 25% penetration, indicating significant growth potential [99] Company Strategy and Development Direction - The company aims to expand its revenue from $2 billion to $4 billion to $6 billion by focusing on Type one and Type two markets and advancing globalization [12][53] - Strategic priorities include advancing innovation, driving growth in U.S. Type one and Type two populations, and expanding internationally [15][40] - The leadership emphasizes the importance of brand activation and direct-to-consumer strategies to enhance engagement and retention [13][49] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, citing a strong first quarter performance and a robust pipeline of innovation [48][49] - The leadership transition is seen as timely, with the new CEO bringing a focus on operational excellence and strategic vision [8][10] - The company anticipates continued strong growth in new customer starts and is optimistic about the adoption of Omnipod five in both Type one and Type two markets [40][41] Other Important Information - The company ended the quarter with approximately $1.3 billion in cash and a $500 million credit facility available, enhancing financial flexibility [37][36] - The board authorized a stock repurchase program of up to $125 million to offset dilution from stock-based compensation [46] Q&A Session Summary Question: What excites you about the role at Insulet and your vision for the business? - The new CEO expressed passion for the diabetes space and highlighted the company's strong momentum and unique position in the market [54][56] Question: Will there be a focus on top-line growth at the expense of margin expansion? - The CEO reassured that the business strategy remains intact, with continued focus on both growth and margin improvement [62] Question: What is the status of the Type two pump adoption in the U.S.? - The management reported strong progress in the Type two launch, with over 30% of new customer starts coming from this segment [65] Question: Can you confirm the strong new start growth in both the U.S. and internationally? - Management confirmed significant strength in new customer starts, both sequentially and year-over-year, driven by the differentiation of Omnipod five [74][75] Question: What are the expectations for gross and operating margin expansion in the coming years? - The management expressed confidence in maintaining industry-leading gross margins while continuing to invest in growth opportunities [78][81] Question: How is the direct-to-consumer advertising performing? - The company reported higher conversion rates from direct-to-consumer advertising efforts, indicating effective engagement strategies [109]

10X Genomics (TXG) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Cassie Corneau - Senior Director, Head of Investor Relations & Strategic FinanceSerge Saxonov - Co-Founder, CEO & DirectorAdam Taich - CFOMadeline Mollman - Senior Associate - Equity ResearchBen Mee - Equity Research AssociatePaul Matteis - Managing Director, Head of Therapeutics ResearchSalem Salem - VP - Equity ResearchAvantika Dhabaria - Equity Research AssociateJacob Krahenbuhl - Equity Research AssociatePhilip Song - ...

Natera (NTRA) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Mike Brophy - Chief Financial OfficerSteve Chapman - Chief Executive OfficerSolomon Moshkevich - President of Clinical DiagnosticsAlexey Aleshin - GM of Oncology and ECD & Chief Medical OfficerNoah Kava - Equity Research AssociateColleen Babington - Equity Research AssociatePuneet Souda - Senior MD Conference Call Participants Daniel Brennan - AnalystTejas Savant - Executive Director & Senior Healthcare Equity AnalystRachel Va ...

Puma Biotechnology (PBYI) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Mariann Ohanesian - Senior Director of Investor RelationsAlan Auerbach - Founder, Chairman, President, CEO & SecretaryJeffrey Ludwig - Chief Commercial OfficerHeather Blaber - VP - MarketingRoger Storms - VP - SalesMaximo F. Nougues - CFO & Principal Accounting Officer Conference Call Participants Divya Rao - AnalystNone - Analyst Operator Good afternoon. My name is Sherry, and I will be your conference call operat ...

PSQ Holdings (PSQH) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants William Kent - Senior VP - Corporate AffairsMichael Seifert - Founder, President, CEO & ChairmanBradley Searle - CFO & TreasurerDusty Wunderlich - Director & CSO Conference Call Participants Tom Forte - Managing Director & Senior Consumer Internet AnalystNone - Analyst Operator you for standing by. My name is Gail, and I will be the operator for today's call. At this time, I would like to welcome each and every one of yo ...

Financial Data and Key Metrics Changes - Adjusted property EBITDA at Silver Slipper grew by 21% year-over-year despite a slight decline in property revenue, with expectations of reaching mid-teens in adjusted EBITDA for the current year [5][6] - American Place achieved an all-time record gaming revenue month in March, crossing $10 million for the first time, with continued growth in the guest database [11][12] - The company extended the maturity date of its revolver from March 2026 to January 2027 and reduced the revolver balance to $25 million [13] Business Line Data and Key Metrics Changes - At Chamonix and Bronco Billy's, revenue grew by 34% in the first quarter, although expenses grew at a similar pace, resulting in a slight EBITDA loss [7][8] - Significant cost savings were identified across various departments, including over $1.5 million in food and beverage and $800,000 from reduced overtime costs [9][10] Market Data and Key Metrics Changes - The company has doubled its gaming market share without significantly impacting other operators, indicating a strong position in an undersaturated market [9] - The gaming revenue in the market has been affected by external factors such as weather conditions during peak periods like Mardi Gras [116] Company Strategy and Development Direction - The company is focusing on management upgrades and operational improvements across its properties, with new general managers appointed to key locations [15][84] - Plans are underway to build a permanent facility for American Place, with a target to break ground in the second half of the year [26][36] - The strategy includes relocating the Rising Star casino to capitalize on better market opportunities in Indiana [56][62] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving profitability in Q2 and expects continued revenue growth as properties mature [19][23] - The company is monitoring the bond market for refinancing opportunities to fund the construction of the permanent American Place [35][126] - Management acknowledged the challenges posed by competition in the sports wagering market, dominated by a few large players [67][70] Other Important Information - The company has made significant management changes to improve operations, including hiring a new Chief Marketing Officer to enhance marketing strategies [14][15] - The company is exploring various financing options for the construction of the permanent facility, including refinancing existing debt [126] Q&A Session Summary Question: Update on Colorado's performance and expenses - Management expects Q2 to be more profitable than Q1, with continued revenue growth and identified cost-saving opportunities [19][20] Question: Strategic outlook for the portfolio post Stockman's sale - The company views its three major properties as a stable foundation and is focused on optimizing operations and exploring relocation opportunities for Rising Star [52][56] Question: Expectations for sports wagering contracts - The market is dominated by a few large firms, making it challenging to replace lost contracts, but the company is actively seeking opportunities [67][70] Question: Timeline for reaching $20 million EBITDA - Management anticipates reaching $20 million in EBITDA within three to five years, with a focus on positive growth trajectories [74][76] Question: Margins at American Place - Margins are expected to remain around 30% for the temporary facility, with potential increases once the permanent facility opens [101][102] Question: Changes in customer visitation and spending - No significant changes in visitation frequency or spending patterns have been observed, although external factors like weather have impacted revenues [116][121] Question: Capital expectations and liquidity for the second half of the year - The company is in good liquidity shape and plans to refinance existing debt while monitoring cash flow for construction expenses [124][126]

Financial Data and Key Metrics Changes - The company reported revenue of $104 million for Q1 2025, which is essentially flat compared to the previous year, despite the expiration of the alternative fuel tax credit that contributed $5.4 million to last year's revenue [20][21]. - Adjusted EBITDA for Q1 2025 was $17.1 million, up from $12.8 million in the same quarter last year, driven by strength in the fuel distribution business [23][24]. - The company ended the quarter with $227 million in cash, reflecting a $9 million increase since the beginning of the year [7]. Business Line Data and Key Metrics Changes - Renewable natural gas (RNG) sales volumes were reported at 51 million gallons, lower than Q1 2024 due to reduced supply from third-party producers affected by weather and operational issues [6][7]. - Despite lower RNG sales volumes, the company maintained strong demand from fleet customers in the refuse, transit, and trucking sectors [8][10]. Market Data and Key Metrics Changes - The company noted that tariffs have minimal direct impact on its business, although they create uncertainty for customers in the heavy-duty trucking sector [8][10]. - The market dynamics for RNG are favorable, with a strong demand for low-carbon fuels, particularly in the heavy-duty trucking market [12][30]. Company Strategy and Development Direction - The company is focused on expanding its RNG production and distribution capabilities, with ongoing projects in dairy RNG production expected to come online by the end of the year [17][18]. - The company is maintaining its full-year financial outlook and capital expenditure guidance, indicating confidence in its growth trajectory [10][18]. Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding achieving the 2025 guidance, citing potential impacts from tariffs and economic conditions affecting truck purchases [28][29]. - The company believes RNG is well-positioned as a viable alternative fuel amidst changing regulatory landscapes and customer preferences for low-carbon solutions [30][51]. Other Important Information - The company resumed its share repurchase program in late March, indicating confidence in its stock valuation and financial health [18]. - The expiration of the alternative fuel tax credit and the introduction of the Renewable Natural Gas Incentive Act are significant developments that could impact future financial results [15][16]. Q&A Session Summary Question: What would take you to the lower end and what could take you to the upside regarding the 2025 guidance? - Management indicated that clarity on tariffs and customer purchasing behavior in the trucking sector would influence the outlook, with optimism for increased truck purchases as market conditions stabilize [28]. Question: How do you see pricing shaking out for the remainder of the year? - Management expects steady pricing, supported by a favorable spread between oil and natural gas, despite the absence of the alternative fuel tax credit [32][34]. Question: Can you provide an update on RNG facilities and their timelines? - Management reported that one RNG facility is producing well, while others are progressing but not yet at desired levels, with expectations for improvement by the end of the year [56][58]. Question: What is the status of partnerships with Total, BP, and Chevron? - The company maintains strong relationships with these partners, with ongoing projects and a focus on RNG development [87][89]. Question: What is the outlook for the 45Z tax credit? - Management noted that the impact of the 45Z tax credit is uncertain, but discussions are ongoing, and it could be a significant contributor if finalized favorably [94][98].