PRA Group (PRAA) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Company Participants Najim Mostamand - Vice President and Investor RelationsVikram Atal - President and CEOMartin Sjolund - President - PRA Group EuropeRakesh Sehgal - Executive VP & CFOHeli Sheth - Equity Research Associate Conference Call Participants David Scharf - AnalystMark Hughes - Analyst Operator Good evening, and welcome to PRA Group's First Quarter twenty twenty five Conference Call. All participants will be in a listen only mode. Af ...

Playstudios (MYPS) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Company Participants Jason Hahn - Chief Strategy OfficerAndrew Pascal - Co-Founder, Chairman and CEOScott Peterson - VP and CFO Conference Call Participants Mike Hickey - Equity Research AnalystNone - AnalystAaron Lee - Senior Research AnalystMartin Yang - Senior Analyst Operator and welcome to PlayStudio's First Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. A question and answer session w ...

Paymentus (PAY) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Company Participants Scott Eckstein - Senior VP, Investor RelationsDushyant Sharma - Founder and Chief Executive OfficerSanjay Kalra - Senior VP, CFO & Principal Accounting OfficerJohn Davis - Managing DirectorMatthew O'Neill - Managing DirectorDarrin Peller - Managing DirectorWill Nance - Vice President Conference Call Participants David Koning - Senior Research AnalystNone - Analyst Operator Good day, and welcome to the First Quarter twenty tw ...

Navitas Semiconductor (NVTS) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Company Participants Lori Barker - Managing DirectorGene Sheridan - Chairman, President, CEO and Co-FounderTodd Glickman - Chief Financial Officer & TreasurerJon Tanwanteng - Managing DirectorMadison Earl DePaola - Equity Research AssociateNick Doyle - Vice President Conference Call Participants Ross Seymore - AnalystJack Egan - AnalystRichard Shannon - Senior Research AnalystJoe Moore - Analyst Operator Good afternoon. Thank you fo ...

Mattel (MAT) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Company Participants Jenn Kettnich - VP - Investor RelationsYnon Kreiz - Chairman & CEOAnthony DiSilvestro - Chief Financial OfficerArpine Kocharian - Executive DirectorStephen Laszczyk - Vice PresidentMegan Clapp - Executive DirectorKylie Cohu - Consumer Equity ResearchAlexander Perry - Director, Equity Research Conference Call Participants Eric Handler - MD & Senior Research AnalystChristopher Horvers - Senior Analyst Operator Ladies and gentleme ...

Financial Data and Key Metrics Changes - The company reported revenue of $120.1 million for Q1 2025, reflecting a 2% increase compared to Q4 and a 15% decline year-over-year [15][8] - Non-GAAP gross margin was 69%, up 690 basis points from Q4, indicating resilience despite lower revenue levels [16][8] - Non-GAAP operating margin was 26.2%, and adjusted EBITDA margin was 33.4%, demonstrating financial discipline [17][8] - Free cash flow for Q1 was $23.3 million, with a free cash flow margin of 19.4% [17][8] Business Line Data and Key Metrics Changes - The communications and computing segment experienced its first year-on-year growth in two years, while industrial and automotive grew 6% sequentially, marking its first quarter of sequential growth in six quarters [9][10] - Revenue from new products continued to grow at a strong double-digit pace, both sequentially and year-on-year [10][12] Market Data and Key Metrics Changes - The company noted improvements in bookings across various end markets, particularly in cloud and AI-related sectors [33][34] - The industrial sector showed positive trends with PMI above 50 for the past four years, while automotive remained flat [34][35] Company Strategy and Development Direction - The company is focused on cost controls, operational efficiency, and delivering value to shareholders while navigating macroeconomic uncertainties [7][8] - There is a strong emphasis on expanding design win rates in small and mid-range FPGAs, with a goal of achieving high teens percentage of new product revenue for the full year 2025 [10][12] - The company is committed to driving innovation and expanding customer engagements, with a strong belief in sustainable growth [12][14] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the second half of 2025, closely monitoring the impact of tariffs and customer demand [13][20] - The company expects a U-shaped recovery in the long term, supported by improving demand signals and a strong backlog [12][13] - Management remains confident in the strength of their product portfolio and market position, despite potential macroeconomic challenges [12][34] Other Important Information - The company repurchased approximately $25 million of common stock during the quarter, reducing dilution by 4.6% [19][20] - The balance sheet remains strong, with no debt and ready access to capital for future growth investments [18][19] Q&A Session Summary Question: Update on 2025 revenue outlook - Management sees no change in the 2025 revenue outlook, citing improving demand signals and a better book-to-bill ratio [26] Question: Differences in growth rates between segments - The decline in the communications and computing segment was primarily due to client revenue decline related to older platforms, while server and communication businesses have shown growth [28] Question: Impact of tariffs on customer positioning - Management noted strong demand from cloud customers and improvements in industrial sectors, while remaining cautious about potential tariff impacts [34][35] Question: Design win momentum and growth drivers - Design win momentum remains strong, driven by differentiation in product attributes, with both unit recovery and ASP improvements contributing to growth [37] Question: Inventory levels and normalization - Channel inventory is expected to take longer to normalize than initially anticipated, but internal inventory has seen significant reductions [46][48] Question: Competitive landscape in low power, small size FPGAs - The company remains confident in its unique architecture and product advantages, despite increased competition from larger players [80] Question: New product growth expectations - New product growth is expected to accelerate, with contributions from Nexus and Avant products layering in over the next few years [108][110]

Inspire Medical Systems (INSP) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Company Participants Ezgi Yagci - Vice President of Investor RelationsTim Herbert - Chairman, President & CEORick Buchholz - CFOTravis Steed - Managing Director - Equity ResearchRichard Newitter - Managing DirectorChris Pasquale - Partner - Medical Devices & SuppliesAnthony Petrone - Managing DirectorJonathan Block - Managing DirectorBrett Gasaway - VP - Equity Research Conference Call Participants Danielle Antalffy - AnalystRober ...

Inspire Medical Systems (INSP) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Company Participants Ezgi Yagci - Vice President of Investor RelationsTim Herbert - Chairman, President & CEORick Buchholz - CFOTravis Steed - Managing Director - Equity ResearchRichard Newitter - Managing DirectorChris Pasquale - Partner - Medical Devices & SuppliesAnthony Petrone - Managing DirectorJonathan Block - Managing DirectorBrett Gasaway - VP - Equity Research Conference Call Participants Danielle Antalffy - AnalystRober ...

Hims & Hers Health (HIMS) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Company Participants Bill Newby - Senior Director, Investor RelationsAndrew Dudum - Co-Founder & Chief Executive OfficerYemi Okupe - Chief Financial OfficerJonna Kim - DirectorDavid Larsen - Managing Director Conference Call Participants Craig Hettenbach - AnalystMaria Ripps - Managing Director, Senior Research AnalystEric Percher - Research Analyst - Pharma Supply Chain and HCITRyan Macdonald - Senior AnalystDaniel Grosslight - Senior ...

Heidrick & Struggles International (HSII) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Company Participants Tom Monahan - CEO & DirectorNirupam Sinha - CFOKevin Steinke - Managing DirectorTyler Barishaw - Equity Research Associate Conference Call Participants Marc Riddick - Business Services Analyst Operator Thank you, and welcome to Heidrick and Struggles twenty twenty five First Quarter Conference Call. Participating on the call today are the company's CEO, Tom Manahan and CFO, Niripam Sena. Accompanyin ...