Orion S.A. (OEC) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 everyone, and welcome to the Orion First Quarter twenty twenty five Earnings Results Conference Call. At this time, all participants are in a listen only mode. Later, there will be a question and answer session. Please be advised that today's call is being recorded. I'd now like to turn the floor over to Chris Vice President of Investor Relations. Please go ahead. Speaker1 Thank you, Jamie. Good morning, everyone. Speaker2 This is Chri ...

Perimeter Solutions (PRM) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 Please note this call is being recorded and I will be standing by should you need any assistance. It is now my pleasure to turn today's program over to Seth Barker, Head of Investor Relations. Please go ahead. Speaker1 Thank you, operator. Good morning, everyone, and thank you for joining Perimeter Solutions' first quarter twenty twenty five earnings call. Speaking on today's call are Haytham Khoury, Chief Executive Officer an ...

Financial Data and Key Metrics Changes - Net revenue for Q1 2025 was $311 million, representing a 5.5% year-over-year increase, landing near the midpoint of guidance [34] - Demand comparable growth was 4.1%, driven by strong client engagement across retail and e-commerce channels [34][35] - Gross margin was $116 million, up 0.4% year-over-year, but as a percentage of net revenue, it decreased by 190 basis points to 37.1% due to higher occupancy costs [35] - Net income was $5 million, landing near the midpoint of guidance, while adjusted EBITDA was $19 million, at the lower end of guidance [36][37] Business Line Data and Key Metrics Changes - Showroom growth contributed significantly to net revenue, with five total showroom projects completed in Q1 2025, including one new traditional showroom and four strategic relocations [17][18] - The company plans to complete approximately 12 to 15 total showroom projects in 2025, increasing from the previous estimate of three to five new showrooms [18] Market Data and Key Metrics Changes - The U.S. represented approximately 36% of total receipts, with over 70% of upholstery business sourced domestically [10][11] - China accounted for about 13% of total product receipts in April, expected to decline to approximately 5% in Q3 and around 1% in Q4 [11] Company Strategy and Development Direction - The company is focused on long-term growth through disciplined execution, strategic investments, and expanding showroom footprint [5][6] - The management emphasizes a differentiated model based on high-quality design and premium client experience as a competitive advantage [6][17] - The company is investing in technology and e-commerce to enhance the client experience and strengthen omnichannel capabilities [15][30] Management's Comments on Operating Environment and Future Outlook - Management acknowledged near-term volatility due to tariff news and stock market fluctuations but remains confident in the long-term strategy [22][24] - The company is proactively managing tariffs through sourcing diversification and expects to mitigate some of the tariff impacts through strategic sourcing shifts [38][39] Other Important Information - The company remains debt-free with $214 million in cash and cash equivalents, providing flexibility for strategic investments [5][37] - A new Chief Financial Officer, Michael Lee, will join the company on May 12, bringing extensive financial leadership experience [7] Q&A Session Summary Question: How will the company manage its holistic value proposition and protect margins during 2025? - Management expressed confidence in maintaining margins and emphasized a long-term focus on healthy sales and executing their plan [44][46] Question: Are there any changes in consumer engagement trends since early April? - Management noted that while there was softness in April due to market conditions, overall demand remains strong, and clients continue to prioritize quality [50][52] Question: Can you provide perspective on the low end of the comps guidance? - The widening of guidance ranges accounts for potential continued volatility throughout the year, with management planning to adjust as needed [58] Question: How much of the $10 million tariff impact can be mitigated through strategic sourcing shifts? - Management indicated that they have worked with partners to absorb some costs and believe the remaining $10 million is manageable [62] Question: What is the strategy regarding showroom openings amid softening demand? - Management confirmed plans to continue opening new showrooms, viewing them as long-term investments that will capture market share when demand rebounds [96][98]

Xeris Biopharma Holdings (XERS) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 Good morning. Thank you for attending today's Verisk Biopharma First Quarter twenty twenty five Results Conference Call. My name is Makayah, 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 your questions and answers at the end. At this time, I would like to pass the call over to our Senior Vice President of Investor Relations and Corp ...

Financial Data and Key Metrics Changes - The company achieved record revenue of over $700 million in Q1 2025, marking the highest quarterly revenue in its history, reflecting the strength of its mobile games portfolio [5] - Revenue for the first quarter was $706 million, an 8.6% sequential increase and an 8.4% year-over-year increase [15] - Credit adjusted EBITDA was $167.3 million, down 9% sequentially and down 9.9% year-over-year [15] - GAAP net income was $30.6 million, down 42.3% year-over-year [15] - Direct-to-consumer (D2C) revenue reached $179.2 million, up 2.6% sequentially and 4.5% year-over-year [15] Business Line Data and Key Metrics Changes - Bingo Blitz achieved revenue of $162.4 million, up 2.1% sequentially and 3.1% year-over-year, driven by marketing initiatives [19] - Slotomania revenue was $111.8 million, down 5.5% sequentially and 17.4% year-over-year, indicating ongoing challenges [21] - Dice Dreams generated $78.6 million in revenue, reflecting a 124.5% sequential increase due to successful integration [22] - The D2C business is expected to grow, with many games performing above the targeted 30% revenue contribution from D2C [16] Market Data and Key Metrics Changes - Average Daily Users (DAU) increased by 12.5% sequentially and 2.3% year-over-year to 9 million [26] - Average Daily Pay Users (DPU) increased by 15% sequentially and 26.2% year-over-year to 390,000 [26] - Average Revenue Per Daily Active User (ARPDAU) decreased by 2.2% sequentially but increased by 7.4% year-over-year to $0.87 [26] Company Strategy and Development Direction - The company is focusing on stabilizing Slotomania while launching new slot games to regain market share [9][35] - There is a commitment to enhancing the D2C business, which is seen as a significant growth opportunity [40] - The company is prioritizing product investments and operational improvements to stabilize underperforming titles [13] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges faced by Slotomania and emphasized the need for significant changes to stabilize the game [34] - The company is optimistic about the growth potential of its casual game franchises and plans to continue investing in them [13] - Marketing expenses are expected to decline sequentially, which may help improve margins in the future [17] Other Important Information - The company has approximately $514.3 million in cash, cash equivalents, and short-term investments as of March 31 [25] - An agreement was made to extend the maturity of the revolving credit facility from March 2026 to September 2027 [26] Q&A Session Summary Question: Discussion on Disney Solitaire's marketing plans - Management expressed excitement about Disney Solitaire's strong launch and indicated that marketing expenses typically decline after Q1, balancing capital allocation across games with the best ROI [29][30] Question: Future of Slotomania and new slot game plans - Management acknowledged ongoing declines in Slotomania and emphasized the importance of stabilizing the game while also launching a new slot game to regain market share [33][34] Question: Updates on D2C initiatives and overall mix - Management highlighted the D2C business as a significant advantage and expressed confidence in its growth potential, indicating that they are well-prepared for current market changes [39][40]

Financial Data and Key Metrics Changes - The meeting confirmed that the appointment of Deloitte and Touche as the independent registered public accounting firm for 2025 has been ratified [11] - The compensation of named executive officers has been approved on an advisory basis [11] Business Line Data and Key Metrics Changes - No specific data or metrics related to individual business lines were provided in the meeting [12] Market Data and Key Metrics Changes - No specific market data or metrics were discussed during the meeting [12] Company Strategy and Development Direction and Industry Competition - The company continues to focus on maintaining strong governance and transparency through the election of directors and the approval of compensation policies [8][11] Management's Comments on Operating Environment and Future Outlook - Management expressed gratitude for stockholder support and emphasized the importance of ongoing engagement with stockholders [11] Other Important Information - The meeting was conducted digitally, allowing stockholders to participate via a web portal [3][4] - A quorum was confirmed with holders of 69,642,741 shares of common stock entitled to vote [6] Q&A Session All Questions and Answers Question: What is the status of the independent registered public accounting firm? - The appointment of Deloitte and Touche has been ratified for 2025 [11] Question: How was the compensation of named executive officers determined? - The Compensation Committee is responsible for determining compensation policies, and the advisory vote on compensation was approved [11]

Peloton (PTON) Q3 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 Thank you for standing by. My name is Celine, and I will be your conference operator today. At this time, I would like to welcome everyone to Peloton's Interactive Third Quarter Fiscal Year twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After the speaker remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star follo ...

MKS Instruments (MKSI) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 Good day, and thank you for standing by. Welcome to the MKS Instruments first quarter twenty twenty five earnings conference call. At this time, all participants, they are in a listen only mode. After the speaker's presentation, there will be a question and answer session. To ask questions during the session, you will need to press 11 on your telephone. You will then hear an automated message advising you that your hand has been ...

Cogent Communications (CCOI) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 Good morning, and welcome to the Cogent Communications Holdings First Quarter twenty twenty five Earnings Conference Call. As a reminder, this conference call is being recorded, and it will be available for replay at www.cogentco.com. A transcript of this conference call will be posted on Cogent's website when it becomes available. Cogent's summary of financial and operational results attached to its press release can be do ...

Viatris (VTRS) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 Please also note today's event is being recorded. At this time, I'd like to turn the floor over to Bill Cyblowski, Head of Capital Markets. Please go ahead. Speaker1 Good morning, everyone. Welcome to our Q1 twenty twenty five earnings call. With us today is our CEO, Scott Smith CFO, Doretta Mistras Chief R and D Officer, Philippe Martin and Chief Commercial Officer, Karine Lagasse. During today's call, we will be making forward looking ...