Redwood Trust (RWT) Q1 2025 Earnings Call April 30, 2025 05:00 PM ET Company Participants Kaitlyn Mauritz - Head - IRChristopher Abate - Chief Executive Officer and DirectorDashiell Robinson - PresidentBrooke Carillo - Chief Financial OfficerCrispin Love - DirectorEric Hagen - Managing Director Conference Call Participants Douglas Harter - Equity Research AnalystRichard Shane - AnalystDonald Fandetti - AnalystSteven Delaney - Analyst Operator Greetings, and welcome to the Redwood Trust First Quarter twenty ...

Deluxe (DLX) Q1 2025 Earnings Call April 30, 2025 05:00 PM ET Company Participants Brian Anderson - Vice President of Strategy & Investor RelationsBarry McCarthy - President and CEOChip Zint - Senior Vice President & CFOKartik Mehta - Executive MD & Director of ResearchCharlie Strauzer - Senior Managing DirectorJonnathan Navarrete - Equity Research Vice President Conference Call Participants Marc Riddick - Business Services Analyst Operator Ladies and gentlemen, thank you for standing by, and welcome to the ...

NETGEAR (NTGR) Q1 2025 Earnings Call April 30, 2025 05:00 PM ET Company Participants Erik Bylin - Investor RelationsCharles Prober - CEO & DirectorBryan Murray - CFOAdam Tindle - Managing Director Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen only mode. Later, we will conduct a question and answer session. I would now like to turn the conference over to Eric Bailin. Please go ahead, sir. Erik Bylin Thank you, operator. Good afternoon, and welcome to ...

MediaAlpha (MAX) Q1 2025 Earnings Call April 30, 2025 05:00 PM ET Company Participants Alex Liloia - PartnerSteve Yi - Co-Founder and Chief Executive OfficerPatrick Thompson - CFOCory Carpenter - Internet Equity ResearchTommy McJoynt-Griffith - DirectorAndrew Kligerman - Managing DirectorBen Hendrix - Vice President Conference Call Participants Maria Ripps - Managing Director, Senior Research AnalystMichael Zaremski - Managing Director & Senior Equity Research AnalystEric Sheridan - Analyst Operator Ladies ...

Spok (SPOK) Q1 2025 Earnings Call April 30, 2025 05:00 PM ET Company Participants Al Galgano - VP - Investor & Corporate RelationsVincent Kelly - President and CEOMichael Wallace - Chief Operating OfficerCalvin Rice - Chief Financial OfficerGeorge Melas-Kyriazi - President Conference Call Participants Anderson Schock - Research Analyst Operator Greetings, and welcome to Spok's First Quarter twenty twenty five Earnings Results Conference Call. At this time, participants are in a listen only mode. A question ...

Enovix (ENVX) Q1 2025 Earnings Call April 30, 2025 05:00 PM ET Company Participants Robert Lahey - Head of Investor RealtionsRaj Talluri - President & CEORyan Benton - CFOMark Shooter - Sr. Associate - Energy & Sustainability Equity ResearchColin Rusch - Managing Director - Head of Sustainable Growth & Resource Optimization ResearchAjay Marathe - COOBill Peterson - Equity Research Conference Call Participants George Gianarikas - Managing Director and Senior AnalystAnanda Baruah - Stock AnalystDerek Soderber ...

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 ...