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Regeneron Pharmaceuticals Inc. (REGN) UBS Biopharma Conference (Transcript)
2023-11-11 17:49
Regeneron Pharmaceuticals Inc. (NASDAQ:REGN) UBS Biopharma Conference Call November 9, 2023 11:00 AM ET Company Participants Ryan Crowe - Vice President, Investor Relations Brook Jennings - Vice President, Immunology Marketing Conference Call Participants Colin Bristow - UBS Colin Bristow Well, good morning, and welcome to the UBS Biopharma Conference. I am Colin Bristow, one of the biotech analysts here. It's my pleasure to have Regeneron Pharmaceuticals with us today. On behalf of the company, we have Bro ...
Moderna, Inc. (MRNA) Second Digital Investor Event Transcript
2023-11-11 16:45
Moderna, Inc. (NASDAQ:MRNA) Second Digital Investor Event November 8, 2023 8:00 AM ET Company Participants Lavina Talukdar - Head of IR Stephane Bancel - CEO Brad Miller - Chief Information Officer Dave Johnson - Chief Data and Artificial Intelligence Officer Wenhao Liu - Director of Software Engineering Brice Challamel - Empowerment VP Conference Call Participants Hartaj Singh - Oppenheimer & Co. Jasmine Fels - UBS Jessica Fye - JP Morgan Lavina Talukdar Good morning, everyone, and welcome to Moderna's Se ...
CSX Corporation (CSX) Robert W Baird Global Industrial Conference Call Transcript
2023-11-11 15:50
CSX Corporation (NASDAQ:CSX) Robert W Baird Global Industrial Conference Call November 8, 2023 10:05 AM ET Company Participants Joseph Hinrichs - President, CEO & Director Conference Call Participants Garrett Holland - Robert W. Baird & Co. Garrett Holland At Baird, we're very pleased to have CSX participated at the Industrials conference this year. From the company, we have Joe Hinrichs, President and CEO. We've also got Matthew Korn from Investor Relations. We're going to dive right into Q&A. But if anyth ...
Gen Digital Inc. (GEN) 1st Anniversary Investor Update Transcript
2023-11-08 03:24
Gen Digital Inc. (NASDAQ:GEN) 1st Anniversary Investor Update Call November 7, 2023 10:30 AM ET Company Participants Jason Starr - VP of IR Vincent Pilette - CEO Ondrej Vlcek - President Natalie Derse - CFO Conference Call Participants Saket Kalia - Barclays Hamza Fodderwala - Morgan Stanley Peter Levine - Evercore Jason Starr All right. Good morning, everyone. Thanks for joining us here in New York. Really appreciate it. I'm Jason Starr, Gen's Vice President of Investor Relations. We've got a great event f ...
Bank of America Corporation (BAC) BancAnalysts Association of Boston Conference (Transcript)
2023-11-06 18:34
Bank of America Corporation (NYSE:BAC) BancAnalysts Association of Boston Conference November 2, 2023 4:30 PM ET Company Participants Aron Levine - President, Preferred Banking Lindsay Hans - President and Co-head, Merrill Wealth Management Jeffrey Busconi - Head of Private Bank Services Nancy Fahmy - Head of Investment Solutions Group Lorna Sabbia - Head of Retirement & Personal Wealth Solutions Sharon Miller - Managing Director, President of Small Business Wendy Stewart - President, Global Commercial Bank ...
Wells Fargo & Company (WFC) presents at The BancAnalysts Association of Boston Conference 2023 (Transcript)
2023-11-05 04:45
https://reportify-1252068037.cos.ap-beijing.myqcloud.com/media/production/s_m_content_f01807d23f28a2277f3b302842402fc9.html ...
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.