Regional Management (RM) Q1 2025 Earnings Call April 30, 2025 05:00 PM ET Company Participants Garrett Edson - Managing DirectorRobert Beck - President & CEOHarp Rana - EVP, Chief Financial & Administrative OfficerKyle Joseph - Managing DirectorDavid Scharf - Managing DirectorJohn Rowan - Managing DirectorAlexander Villalobos-Morsink - Senior Associate Equity Research Operator Greetings, and welcome to the Regional Management First Quarter twenty twenty five Earnings Call. At this time, all participants are ...

Udemy (UDMY) Q1 2025 Earnings Call April 30, 2025 05:00 PM ET Company Participants Dennis Walsh - VP - Investor RelationsHugo Sarrazin - CEOSarah Blanchard - CFOTerry Tillman - Managing DirectorNafeesa Gupta - VP - Equity ResearchNoah Herman - VP - Equity Research Conference Call Participants Ryan Macdonald - Senior AnalystJason Tilchen - Director & Senior Equity research AnalystJoshua Baer - Executive Director - Software Equity Research AnalystYi Fu Lee - Equity Research AnalystJeffrey Meuler - AnalystDevi ...

Financial Data and Key Metrics Changes - The company's first quarter revenue was $262 million, representing a 21% year-over-year increase, while adjusted EBITDA was $33.2 million, nearly double compared to the same period last year [6][21]. - Gross profit margins increased by 125 basis points year-over-year to 34.9%, driven by revenue diversification and higher growth in more profitable markets [23]. - Marketing spend was $38.8 million, or 15% of revenue, down from 17% in the previous year, indicating improved marketing efficiency [24]. Business Line Data and Key Metrics Changes - Online casino revenue grew by 25% year-over-year, while sports betting revenue increased by 11% [6][21]. - In North America, monthly active users (MAUs) grew by 17% year-over-year, with an average revenue per monthly active user (ARPMAU) of $368, up 3% year-over-year [21]. - In Latin America, MAUs increased by 61% year-over-year, reaching a new quarterly record of 354,000 [22]. Market Data and Key Metrics Changes - North American markets saw revenue growth in 15 out of 16 online markets, with Michigan revenue up 40% and Delaware exceeding 80% growth [11][12]. - In Colombia, gross gaming revenue (GGR) was up 55% in local currency, despite a temporary 19% VAT on player deposits [12][13]. - The company anticipates that the Colombian VAT tax will impact net revenue but expects significant upside if the tax is removed [27][52]. Company Strategy and Development Direction - The company focuses on innovation and enhancing player experience to attract and retain high-value players [6][8]. - The iGaming Alberta Act is progressing, which could open new opportunities for online gaming in Alberta, transitioning from a monopoly to a regulated market [15]. - The company is well-positioned in the online casino and sports betting space, emphasizing the importance of legalizing online casinos for state revenue generation [16][17]. Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate challenges, including the impact of the VAT tax in Colombia, while maintaining strong player activity and market share [12][42]. - The company remains optimistic about growth opportunities in existing markets and potential expansion into new international markets [76][78]. - Management reiterated full-year revenue guidance of $1.1 billion to $1.8 billion, with adjusted EBITDA expected between $115 million and $135 million, reflecting a 35% year-over-year increase [27][28]. Other Important Information - The company ended the quarter with $228 million in unrestricted cash and no debt, generating approximately $25 million in cash during the quarter [25][26]. - The company repurchased approximately 500,000 shares at an average price of $10.35 under its share repurchase program [27]. Q&A Session Summary Question: Insights on Colombia's competitive landscape and market share - Management confirmed that they are bonusing at higher rates to offset the VAT tax, similar to competitors, and expressed confidence in retaining or growing market share despite the challenges [31][32]. Question: Growth expectations for Delaware in 2025 - Management expects continued growth in Delaware, although growth rates may slow as the market matures, with potential for significant future revenue growth [35][36]. Question: Adjustments to business model in Colombia - Management is continuously adjusting strategies to maximize net revenue in Colombia, including reducing marketing spend and monitoring competitor actions [40][41]. Question: Impact of Pennsylvania joining the multistate Internet gaming agreement - Management expressed excitement about the launch in Pennsylvania and the potential for increased player liquidity across platforms [44][45]. Question: Marketing leverage in a competitive environment - Management attributed marketing leverage to a focus on customer experience and differentiation, allowing the company to maintain a reasonable customer acquisition cost [58][60]. Question: Guidance for revenue growth in 2025 - Management indicated that revenue growth may decelerate in Q2 and Q3 compared to Q1, with Q4 expected to be the strongest quarter of the year [62][63]. Question: Tax impact from Colombia on EBITDA - Management noted that the VAT tax has significantly impacted net revenue, but GGR growth remains strong, indicating potential for future revenue growth once the tax is removed [93][95].

Tandem Diabetes Care (TNDM) Q1 2025 Earnings Call April 30, 2025 04:30 PM ET Company Participants Susan Morrison - EVP & Chief Administrative OfficerJohn Sheridan - President and CEOLeigh Vosseller - EVP, CFO & TreasurerMathew Blackman - Managing DirectorAaron Wukmir - Healthcare Equity Research AssociateDavid Roman - Managing DirectorMatthew Taylor - Managing DirectorChris Pasquale - Partner - Medical Devices & SuppliesAnthony Petrone - Managing Director Equity ResearchJoshua Jennings - Managing DirectorIs ...

Teladoc Health (TDOC) Q1 2025 Earnings Call April 30, 2025 04:30 PM ET Company Participants Michael Minchak - Vice President, Investor RelationCharles Divita - CEOMala Murthy - CFODavid Roman - Managing DirectorAlan Chen - VP - Equity ResearchCharles Rhyee - Managing Director Conference Call Participants Jessica Tassan - Senior Equity Research AnalystDaniel Grosslight - Senior Research AnalystEduardo Ron - Analyst Operator Good afternoon. Thank you for attending today's Teladoc Health First Quarter twenty t ...

CareDx (CDNA) Q1 2025 Earnings Call April 30, 2025 04:30 PM ET Company Participants Caroline Corner - Investor RelationsJohn Hanna - President and CEORobert Woodward - Chief Scientific OfficerAbhishek Jain - CFOKeith Kennedy - Chief Operating OfficerVidyun Bais - Equity Research - Vice PresidentBrandon Couillard - Managing DirectorThomas DeBourcy - PrincipalEduardo Martinez-Montes - Biotechnology Equity Research Associate Conference Call Participants None - AnalystMason Carrico - Research AnalystMatt Stanto ...

OPKO Health (OPK) Q1 2025 Earnings Call April 30, 2025 04:30 PM ET Company Participants Yvonne Briggs - Investor Relations and Corporate Development ExecutivePhillip Frost - Chairman & CEOElias Zerhouni - President & Vice ChairmanAdam Logal - SVP & CFOJeffrey Cohen - MD - Equity ResearchBilly Smith - Equity ResearchMichael Petusky - Managing Director Conference Call Participants James Stamos - AnalystYi Chen - Managing Director & Senior AnalystEdward Tenthoff - Sr. Research AnalystYale Jen - Senior Managing ...

MiMedx Group (MDXG) Q1 2025 Earnings Call April 30, 2025 04:30 PM ET Company Participants Matt Notarianni - Head of Investor RelationsJoseph Capper - CEODoug Rice - Chief Financial OfficerCarl Byrnes - Managing DirectorAnthony Petrone - Managing Director Equity Research Conference Call Participants Chase Knickerbocker - Senior Equity Research Analyst - HealthcareRoss Osborn - Analyst Operator Good afternoon and thank you for standing by. Welcome to the MieMedix First Quarter twenty twenty five Operating and ...

CONMED (CNMD) Q1 2025 Earnings Call April 30, 2025 04:30 PM ET Company Participants Patrick Beyer - President & CEOTodd Garner - Executive VP of Finance & CFOPhillip Dantoin - Assistant Vice PresidentRick Wise - Managing Director - Medical Technology & SuppliesYoung Li - Senior VP - Equity Research Conference Call Participants Robert Marcus - AnalystTravis Steed - AnalystMike Matson - Senior Equity Research Analyst Operator Good day and thank you for standing by. Welcome to ConMed's First Quarter Fiscal twe ...

Nano Dimension (NNDM) Q4 2024 Earnings Call April 30, 2025 04:30 PM ET Company Participants Ofir Baharav - CEOAssaf Zipori - CFOJulien Lederman - Chief Business OfficerJamison Lyngstad - Managing Director - Credit Conference Call Participants Greg Palm - Senior Research AnalystNone - Analyst Operator Good day, ladies and gentlemen. Welcome to Nano Dimension's twenty twenty four Financial Results and Sharers twenty twenty five Strategic Outlook Call. My name is Rocco, and I'm your operator for today's event. ...