LiveOne, Inc. (LVO) Special Slacker Webcast Conference (Transcript)
2023-11-04 20:01
LiveOne, Inc. (NASDAQ:LVO) Special Slacker Webcast Conference Call November 1, 2023 10:30 AM ET Company Participants Aaron Sullivan - Chief Financial Officer Rob Ellin - Chief Executive Officer and Chairman Bradley Konkol - Head, Slacker Conference Call Participants Brian Kinstlinger - Alliance Global Partners Jon Hickman - Ladenburg Thalmann Calvin Hori - Hori Capital Operator Hello and welcome to today’s LiveOne’s Special Slacker Webcast and Conference Call. My name is Bailey and I will be your moderator ...
JPMorgan Chase & Co. (JPM) Presents at BancAnalysts Association of Boston Conference 2023 (Transcript)
2023-11-04 19:37
JPMorgan Chase & Co. (NYSE:JPM) BancAnalysts Association of Boston Conference 2023 November 2, 2023 9:40 AM ET Company Participants Jeremy Barnum - Chief Financial Officer Conference Call Participants Dick Manuel - Senior Equity Analyst, Columbia Threadneedle Investments Dick Manuel Good morning. I think we're going to get started again here. A little public service announcement, could everyone turn off the buzzers on their cellphones and so forth, that will make Gerard a little bit happier. So, I'm pleased ...
U.S. Bancorp (USB) BancAnalysts Association of Boston Conference Transcript
2023-11-04 05:34
U.S. Bancorp (NYSE:USB) BancAnalysts Association of Boston Conference November 2, 2023 8:10 AM ET Company Participants Gunjan Kedia - Vice Chair, Wealth, Corporate, Commercial and Institutional Banking John Stern - Senior EVP and CFO Conference Call Participants Unidentified Analyst - Unidentified Analyst - Chris Kotowski - Oppenheimer Unidentified Analyst Please join me in welcoming U.S. Bancorp financial services company with international operations and is a parent company of U.S. Bank. It is headquar ...
Cedar Fair, L.P. (FUN) Six Flags Mergers of Equals Conference (Transcript)
2023-11-03 08:35
Summary of Cedar Fair and Six Flags Merger Conference Call Industry and Companies Involved - **Industry**: Amusement Park and Entertainment - **Companies**: Cedar Fair, L.P. (NYSE:FUN) and Six Flags Core Points and Arguments 1. **Merger Announcement**: Cedar Fair and Six Flags announced a proposed merger of equals, aiming to create a leading amusement park operator [3][4] 2. **Financial Results Overview**: - Cedar Fair reported a 7% increase in third-quarter adjusted EBITDA to a record $388 million, with a margin increase to 46.1% [7] - Six Flags reported a 16% increase in attendance to 9.3 million guests and an 8% revenue increase to $547 million [14] 3. **Attendance and Revenue Trends**: - Cedar Fair entertained 12.4 million guests in Q3 2023, generating net revenues of $842 million, slightly down from 2022 [7] - Six Flags experienced a decrease in guest spending per capita but saw strong growth in food and beverage sales [15] 4. **Cost Management**: Cedar Fair reduced operating expenses by $22 million, while Six Flags' cash operating and SG&A expenses increased by 20% due to investments in guest experience [8][16] 5. **Future Growth Strategy**: - The merger is expected to unlock annual synergies of $200 million, with $120 million in cost savings and $80 million in incremental EBITDA [22][27] - The combined company will operate 42 amusement and water parks and 9 resort properties, targeting a more diversified experience for guests [30] 6. **Cultural Fit**: Both companies emphasize a guest-obsessed culture, with a focus on enhancing visitor experiences and operational efficiencies [20][21] 7. **Financial Structure**: The new company will be structured as a C Corp, which is expected to unlock more value for shareholders compared to the previous MLP structure [64][66] 8. **Season Pass Strategy**: The merger will enhance the value proposition for season pass holders, allowing for greater access to multiple parks [60][70] Important but Potentially Overlooked Content 1. **Deferred Revenue Growth**: Cedar Fair's deferred revenue increased by 11% to $208 million, indicating strong early sales for 2024 season passes [10] 2. **Weather Impact**: Poor weather conditions negatively affected attendance and revenue for both companies, particularly in the Northeast and Mid-Atlantic regions [13][16] 3. **Integration Planning**: A comprehensive integration plan is a priority to ensure long-term success post-merger [43] 4. **Cash Flow Generation**: The combined company expects to generate nearly $800 million in free cash flow, with a focus on deleveraging and strategic investments [42] 5. **Guest Experience Focus**: The merger aims to create a more engaging and immersive experience for guests, leveraging both companies' strengths [29][40] This summary encapsulates the key points discussed during the conference call regarding the merger between Cedar Fair and Six Flags, highlighting financial performance, strategic goals, and operational synergies.
Amgen Inc. (AMGN) Amgen Conference Call Following European Society for Medical Oncology Congress 2023 Transcript
2023-10-24 19:19
Amgen Inc. (NASDAQ:AMGN) Amgen Conference Call Following European Society for Medical Oncology Congress 2023 October 24, 2023 8:00 AM ET Company Participants David Reese – Executive Vice President-Research and Development Taofeek Owonikoko – Division Chief-Division of Hematology-Oncology, UPMC Hillman Cancer Ctr. Tarlatamab Jean-Charles Soria – Senior Vice President-Research and Development Kevin Kelly – Chair, Department of Medical Oncology, Sidney Kimmel Medical College Conference Call Participants Salvee ...
Novartis AG (NVS) Shareholder Analyst Call (Transcript)
2023-10-24 03:09
https://reportify-1252068037.cos.ap-beijing.myqcloud.com/media/production/seek_media_content_6b2d9291fffba185fd255dda28ed2961.html ...
Merck & Co. Inc. (MRK) Merck & Co. Announced Collaboration with Daiichi Sankyo and ESMO Investor Event (Transcript)
2023-10-23 15:32
Merck & Co. Inc. (NYSE:MRK) October 22, 2023 1:00 PM ET Company Participants Peter Dannenbaum - VP, IR Dr. Dean Li - President, Merck Research Labs Eliav Barr - CMO & Head of Global Clinical Development, Merck Research Laboratories Marjorie Green - Senior VP & Head of Late-Stage Oncology, Global Clinical Development Jannie Oosthuizen - President, Human Health U.S. Conference Call Participants Umer Raffat - Evercore Luisa Hector - Berenberg Trung Huynh - UBS Conor MacKay - BMO Capital Markets Louise Chen - C ...
Hewlett Packard Enterprise Company (HPE) HPE Securities Analyst Meeting 2023
2023-10-19 23:18
Hewlett Packard Enterprise Company (NYSE:HPE) HPE Securities Analyst Meeting 2023 October 19, 2023 2:30 PM ET CorporateParticipants Jeff Kvaal - Vice President, Investor Relations Antonio Neri - President and Chief Executive Officer Phil Mottram - Executive Vice President and General Manager of Aruba Fidelma Russo - Executive Vice President, Chief Technology Officer Justin Hotard - Executive Vice President, General Manager HPC & AI ConferenceCall Participants Operator Please welcome, Vice President Investor ...
The Charles Schwab Corporation (SCHW) 2023 Fall Business Update (Transcript)
2023-10-16 20:00
The Charles Schwab Corporation (NYSE:SCHW) 2023 Fall Business Update Conference Call October 16, 2023 9:00 AM ET Company Participants Jeff Edwards - Head of Investor Relations Walter Bettinger - Co-Chairman and Chief Executive Officer Rick Wurster - President Peter Crawford - Managing Director and Chief Financial Officer Conference Call Participants Kenneth Worthington - JPMorgan Patrick Moley - Piper Sandler Brennan Hawken - UBS Kyle Voigt - KBW Daniel Fannon - Jefferies Steven Chubak - Wolfe Research Alex ...
The Procter & Gamble Company (PG) 2023 Annual Meeting of Shareholders Reg G (Transcript)
2023-10-10 23:00
The Procter & Gamble Company (NYSE:PG) 2023 Annual Meeting of Shareholders Reg G Conference Call October 10, 2023 12:00 PM ET Company Participants Jon Moeller - Chairman, President and Chief Executive Officer Susan Street Whaley - Chief Legal Officer John Chevalier - Vice President of Investor Relations Stefan Padfield - Associate, National Center's Free Enterprise Project Luke Perlot - Associate, National Legal and Policy Center, Corporate Integrity Project James McRitchie - Shareholder Advocate Andre Schu ...