WeRide (WRD) Q4 2024 Earnings Call March 14, 2025 07:00 AM ET Company Participants Tony Han - Founder, Chairman & CEOJennifer Li - CFOLiping Zhao - Vice PresidentTing Song - Global Investment Research AssociateJiaqi Huang - Equity Research Associate Conference Call Participants Tim Hsiao - AnalystJiajie S - Equity Research AnalystNone - AnalystLeo You - Equity Research Analyst Operator Good morning and good evening ladies and gentlemen. Thank you for standing by and welcome to WeRite's Fourth Quarter and Fu ...

Swiss Life Holding AG (OTCPK:SWSDF) Q4 2024 Earnings Conference Call March 14, 2025 4:00 AM ET Company Participants Matthias Aellig - Chief Executive Officer Marco Gerussi - Chief Financial Officer Conference Call Participants David Barma - Bank of America Farooq Hanif - J.P. Morgan Michael Huttner - Berenberg Iain Pearce - BNP Paribas Farquhar Murray - Autonomous Ahmed Lasit - UBS Michele Ballatore - KBW Bhavin Rathod - HSBC Henry Heathfield - Morningstar Operator Ladies and gentlemen, welcome to the Swiss ...

Semtech (SMTC) Q4 2025 Earnings Call March 14, 2025 03:53 AM ET Company Participants Mark Lin - Executive VP & CFOHong Hou - President & CEOTimothy Arcuri - Managing DirectorTyler Bomba - Equity Research AssociateStacy Che - Senior AssociateKyle Smith - Research Associate Conference Call Participants Harsh Kumar - Managing Director & Senior Research AnalystQuinn Bolton - Senior AnalystChristopher Rolland - Senior Equity AnalystCody Acree - Equity Research Analyst Operator Good day, and thank you for standin ...

Financial Data and Key Metrics Changes - For the nine months ended January 31, 2025, consolidated revenue increased to $49.8 million from $39.7 million in the same period of the prior fiscal year, reflecting a significant growth [12] - Consolidated net income for the nine months ending January 31, 2025, was $20.5 million or $2.18 per share, compared to $3 million or $0.32 per share in the previous fiscal year [22] - The company recorded an operating income of $8.5 million for the nine months ending January 31, 2025, compared to $2.5 million in the prior year, indicating improved operational efficiency [17][18] Business Line Data and Key Metrics Changes - Revenue from commercial and U.S. government satellite programs was approximately $28.8 million, or 58% of total revenue, compared to $16.3 million, or 41%, in the same period of the prior fiscal year [13] - Revenues from non-space U.S. government and DoD customers decreased to $19.5 million from $21.1 million, accounting for approximately 39% of consolidated revenue compared to 53% in the prior fiscal year [13] Market Data and Key Metrics Changes - The company’s backlog at the end of January 2025 was approximately $73 million, down from approximately $78 million at the previous fiscal year-end [22] - The balance sheet reflects a strong working capital position of approximately $27 million at January 31, 2025, with a current ratio of approximately 2.2 to 1 [23] Company Strategy and Development Direction - The company aims to continue investing in R&D to modernize products and maintain a competitive edge in the market, particularly in quantum sensing and proliferated satellites [16][17] - Management emphasized the importance of adapting products for space environments, particularly for proliferated satellite systems, which require smaller, cheaper, and faster delivery solutions [77][79] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding future revenue growth, despite potential delays in government programs due to uncertainties in Washington [40][62] - The company believes it is well-positioned for growth in the medium to long term, particularly in the space and quantum sensor markets [65][66] Other Important Information - The company is debt-free and believes its liquidity is adequate to meet operating and investing needs for the next 12 months [25] - SG&A expenses remained approximately 19% of consolidated revenues, with increases attributed to payroll-related expenses and costs associated with the first Quantum Summit [15] Q&A Session Summary Question: Inquiry about quantum sensing products and revenue expectations - Management indicated that no products are currently available, but several development contracts are anticipated over the next year or two, with potential revenue generation [32][40] Question: Clarification on backlog and specific contracts - Management confirmed that part of the backlog includes revenue from a previously secured $11 million contract [46][48] Question: Discussion on R&D spending trends - R&D expenses decreased slightly as a percentage of revenue, but not in dollar terms [50][52] Question: Update on government program participation - Management stated that they are currently working with two of the three remaining prime contractors on resilient GPS programs [56][58] Question: Future opportunities in proliferated satellites - Management highlighted ongoing involvement in classified satellite programs and the need for investment to adapt products for space applications [77][79] Question: Financial resources for investment in product development - Management confirmed adequate financial resources for cautious investment in product development, while being mindful of changing government requirements [102][104] Question: Collaboration opportunities with government labs - Management is actively pursuing teaming agreements with government labs and other companies to enhance product offerings [108][109] Question: Bidding environment and competition - Management noted a mix of new entrants and familiar players in the bidding environment, particularly for proliferated satellite programs [110][112]

Shimmick Corporation (SHIM) Q4 2024 Earnings Call March 14, 2025 01:36 AM ET Company Participants Anthony Rasmus - Investor RelationsUral Yal - CEO & DirectorAmanda Mobley - Executive VP, Director of Accounting & Interim CFO Conference Call Participants Gerard Sweeney - Managing Director & Senior Research AnalystAaron Spychalla - Research Analyst Operator Good afternoon, and welcome to Chemek Corporation's Fourth Quarter and Full Year twenty twenty four Earnings Conference Call. At this time, all participan ...

Purple Innovation (PRPL) Q4 2024 Earnings Call March 14, 2025 01:36 AM ET Company Participants Stacy Turnof - Senior Vice PresidentRobert DeMartini - CEO & DirectorTodd Vogensen - Chief Financial OfficerBobby Griffin - Managing Director Conference Call Participants Matthew Koranda - MD & Senior Research AnalystBrian Nagel - MD & Senior Analyst - Consumer Growth & eCommerceJeremy Hamblin - Senior Research Analyst Operator Thank you for joining Purple Innovation's Fourth Quarter twenty twenty four Earnings Ca ...

Rubrik (RBRK) Q4 2025 Earnings Call March 14, 2025 01:35 AM ET Company Participants Melissa Franchi - VP & Head of IRBipul Sinha - Co-Founder, CEO & ChairmanKiran Choudary - Chief Financial OfficerSaket Kalia - Managing DirectorKash Rangan - Managing DirectorFatima Boolani - Managing Director, Co-Head US Software Equity ResearchJohn DiFucci - Senior Managing DirectorBrad Zelnick - Managing DirectorJoel Fishbein - Managing DirectorParam Singh - Executive Director Conference Call Participants Andrew Nowinski ...

Financial Data and Key Metrics Changes - Total revenue for Q4 2024 was $10.2 million, down 23% from $13.3 million in Q4 2023 [35] - Full year 2024 net sales were $43.4 million, a decrease of 40% compared to $72.6 million in 2023 [35] - Gross margin for Q4 2024 was 44.2%, down from 48% in the prior year [42] - Full year gross margin was 49.5%, compared to 52.9% in 2023 [42] - Net loss for Q4 2024 was $8 million or $0.79 per diluted share, compared to a net loss of $62,000 or $0.01 per share in the year-ago period [55] Business Line Data and Key Metrics Changes - Food Service Technology (FST) revenue for Q4 was $4.3 million, approximately flat sequentially but down 9% year-over-year [36] - FST recurring revenue for the year was $10.8 million, down about 3% compared to 2023 [37] - Casino and gaming revenue for Q4 was $4.8 million, up 14% year-over-year [38] - POS automation sales for Q4 decreased 74% year-over-year to $411,000 [39] - TransAct Services Group (TSG) sales for Q4 were $759,000, down 73% from the prior year [41] Market Data and Key Metrics Changes - The casino and gaming market is showing signs of recovery, with all major domestic OEM partners back in buying positions [19][70] - The international side of the casino and gaming market is expected to strengthen, with some OEMs still working through inventory [71] Company Strategy and Development Direction - The company is focused on maximizing shareholder value through a strategic review process initiated in Q4 2023 [26] - The management team is considering all options to enhance shareholder value, indicating a proactive approach to potential partnerships or strategic events [29] - The company aims to continue improving its go-to-market strategies and internal sales motions to drive growth [9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the momentum in terminal placements, expecting continued upward trends throughout 2025 [10] - The company anticipates total revenue for 2025 to be between $47 million and $52 million, with adjusted EBITDA expected to range from breakeven to a negative $2 million [30] - Management acknowledged the complexities of operating two distinct business lines and the challenges in evaluating their respective market opportunities [79] Other Important Information - The company completed the rollout of the Epic TR80 thermal roll printer, which is expected to fuel additional sales in the casino and gaming sector [20] - The company has a solid balance sheet, finishing the year with $14.4 million in cash, up from $2.1 million at the end of 2023 [57] Q&A Session Summary Question: How much of the FS terminal installations in the quarter were from the large QSR customer? - The large QSR customer contributed a decent chunk of the installations, but it was not more than half [63] Question: What is the outlook for the casino and gaming segment in 2025? - The company expects a stronger year in 2025 for both domestic and international markets [71] Question: What complexities are involved in the strategic review process? - The complexity arises from managing two different business lines and the need to evaluate their respective market opportunities [79]

EverCommerce (EVCM) Q4 2024 Earnings Call March 14, 2025 12:36 AM ET Company Participants Bradley Korch - Senior VP & Head of Investor RelationsEric Remer - Founder, Chairman & CEORyan Siurek - Chief Financial OfficerBhavin Shah - Director - Software Equity ResearchMatt Feierstein - PresidentEvan Berlin - Chief Operating OfficerMichael Richards - Equity Research Senior AssociateAaron Kimson - Vice PresidentKirk Materne - Senior Managing Director, Equity Research Conference Call Participants Alex Sklar - Ana ...

PSQ Holdings (PSQH) Q4 2024 Earnings Call March 14, 2025 12:34 AM ET Company Participants William Kent - Senior VP - Corporate AffairsMichael Seifert - Founder, President, CEO & ChairmanBradley Searle - CFO & TreasurerBarry Haimes - Managing Partner Conference Call Participants Darren Aftahi - Senior Research Analyst-Internet, Media and Enabling Technologies Operator Greetings, and welcome to Public Square's Fourth Quarter and Year End twenty twenty four Earnings Conference Call and Webcast. At this time, a ...