Financial Data and Key Metrics Changes - Total company revenue for Q1 2025 was $180 million, an increase of $26 million or 17% compared to Q1 2024 [18] - Adjusted EBITDA increased by $8.4 million or 39% year-over-year, reaching $30 million [19] - Net income improved by $5.2 million to $1 million, with income available to stockholders approximately breakeven at $0.00 per diluted share [22] Business Line Data and Key Metrics Changes - Lindblad segment revenues were $131 million, an increase of $13 million or 11% compared to the prior year [19] - Land experiences revenues were $49 million, an increase of $13 million or 38% compared to Q1 2024, driven by increased trips and the acquisition of Wyneland Thompson Adventures [19] - Occupancy increased by 13 percentage points from 76% to 89%, with net yield per available guest night increasing by 25% to $1,521, the highest in company history [19][6] Market Data and Key Metrics Changes - Bookings for 2025 and 2026 are tracking ahead of the prior year in both segments, indicating strong demand despite macroeconomic challenges [6][34] - The company is seeing positive momentum in bookings, particularly in the last couple of weeks, although April bookings were less consistent [34] Company Strategy and Development Direction - The company focuses on three strategic pillars: maximizing revenue generation, optimizing financial performance, and exploring accretive growth opportunities [8] - The company is enhancing its financial transparency practices and introducing net yield expectations for 2025, expecting a growth of 7% to 10% [14][25] - The company is committed to sustainability, which is central to its mission, and is actively involved in community initiatives [15][16] Management's Comments on Operating Environment and Future Outlook - Management remains cautiously optimistic about the future, with bookings for 2025 and 2026 ahead of prior year levels [34] - The company acknowledges the complex macroeconomic environment but believes it is well-positioned due to its focus on experiential travel for high-income demographics [7][34] Other Important Information - The company completed the purchase of two expedition vessels, enhancing its fleet capacity [18] - The company is expanding its international presence, particularly in the UK, to tap into the growing adventure travel market [11] Q&A Session Summary Question: What drove the strong occupancy in the quarter? - Management indicated that the strong occupancy was due to a combination of expanded audience from the Disney partnership, charter businesses, and a stronger revenue management strategy [30] Question: How has the current booking environment been affected by macroeconomic factors? - Management noted that while April bookings were less consistent, there has been positive momentum in recent weeks, and bookings for 2025 and 2026 remain ahead of prior year [34] Question: How did capacity adjustments impact yields? - Management explained that lower capacity due to drydocks allowed for higher occupancy growth, supported by demand generation activities [38] Question: What is the status of dynamic pricing implementation? - Management confirmed that dynamic pricing strategies have been initiated, allowing for more flexible pricing based on demand [40] Question: How is the fly cruise program performing? - Management reported that the fly cruise program is in high demand and is practically sold out for 2026, with increased capacity planned for 2027 [43]

LCI Industries (LCII) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Hello, everyone, and thank you for joining the LCI Industries First Quarter twenty twenty five Conference Call. My name is Lucy, and I will be coordinating your call today. I will now hand over to your host, Lillian Etsgaun, CFO of LCI to begin. Please go ahead. Speaker1 Good morning, everyone, and welcome to the LCI Industries first quarter twenty twenty five conference call. I am joined on the call today with Jason Lippert, Pres ...

Krystal Biotech (KRYS) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Thank you for standing by, and welcome to the Crystal Biotech First Quarter twenty twenty five Earnings Call. At this time, all participants are on a listen only mode. After the speakers' presentations, there will be a question and answer session. As a reminder, today's conference is being recorded. I would now like to hand the conference over to your host, Stephane Paquette, Vice President of Corporate Development. Please begin. ...

Kontoor Brands (KTB) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Good morning, ladies and gentlemen, and welcome to the Kontoor Brands First Quarter twenty twenty five Earnings Conference Call. At this time, all lines are in a listen only mode. Following the presentation, we will conduct a question and answer session. I would now like to turn the conference call over to Michael Karapitian, Vice President of Corporate Development, Enterprise Strategy and Investor Relations. Please go ahead. Speak ...

KBR (KBR) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Company Participants Jamie DuBray - Investor RelationsStuart Bradie - President & Chief Executive OfficerMark Sopp - Executive VP & CFOAndrew Kaplowitz - Managing DirectorJerry Revich - Senior Investment Leader & Head of US Machinery, Infrastructure, Sustainable Tech franchiseJean Veliz - Senior Research Associate Conference Call Participants Steven Fisher - Managing Director & Equity Research AnalystMichael Dudas - Equity Research AnalystSamantha Sti ...

KBR (KBR) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Hello, everyone, and thank you for joining us for today's KBR's First Quarter twenty twenty five Earnings Conference Call. My name is Drew, and I'll be the operator today. During today's call, after the prepared remarks, there will be a Q and A session. It's now my pleasure to hand over to Jamie DeBray to begin. Please go ahead when you're ready. Speaker1 Thank you. Good afternoon, and welcome to KBR's first quarter fiscal twenty twenty five ...

Financial Data and Key Metrics Changes - Q1 2025 was described as a solid start to the year, with IAC reaffirming full year 2025 adjusted EBITDA guidance across all businesses [5][16] - DDM grew digital revenues by 7% in Q1 and increased EBITDA by 46%, excluding a one-time lease gain [7][16] - The company repurchased 4,500,000 shares and increased share repurchase authorization by 10,000,000 shares [5][11] Business Line Data and Key Metrics Changes - DDM's licensing revenue grew by 30%, driven by the OpenAI license and strong performance at Apple News [34] - Performance marketing also showed strong growth at 11% [34] - The Daily Beast achieved a revenue growth of 72% while reaching profitability [8] Market Data and Key Metrics Changes - Core traffic for DDM declined by 3% in Q1, with digital advertising only up by 1% due to fewer impressions available for programmatic sales [33] - Premium demand in advertising remained stable, with strength in pharma, tech, and beauty offsetting weaknesses in food and beverage [15][33] - Programmatic pricing softened, running flat year over year after previously increasing [15] Company Strategy and Development Direction - The company is focused on executing growth across its businesses and capital allocation, including share buybacks and M&A opportunities [10][11] - IAC is pursuing strategic divestitures of smaller holdings to free up capital and simplify operations [12] - The company aims to create equity value and reduce the discount at which its shares are trading [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding consumer spending, noting solid performance in DDM despite weak consumer confidence [14][16] - The macroeconomic outlook remains uncertain, but the company is monitoring trends closely and reaffirming guidance based on current business performance [16] - Management highlighted the importance of focusing on execution and controlling what can be controlled in an unpredictable environment [16] Other Important Information - The company reached an agreement to settle litigation related to the match separation, requiring only a $200,000 contribution beyond insurance coverage [8] - IAC has $800 million in net operating losses (NOLs) that could offset taxable gains on its MGM stake [9] Q&A Session Summary Question: Key priorities for 2026 TDM revenue growth and capital allocation - Management discussed excitement about 2026, highlighting projects like the People app and MyRecipes, and emphasized the importance of capital allocation between share repurchases and M&A [18][20][25] Question: Q1 trends in DDM Digital revenue - Management noted that Q1 faced tough comparisons and a decline in core traffic, but March showed solid growth in digital advertising [30][32] Question: DDM cash flow dynamics - Management explained that DDM can dividend cash to IAC if leverage ratios are below four times total debt to EBITDA, enhancing financial flexibility [43] Question: Appointment of Jim Lawson as President of Decipher - Management expressed excitement about Jim Lawson's appointment, emphasizing his experience and the potential for Decipher Plus to drive growth [46][48] Question: Impact of Google phasing out cookies - Management indicated that the cookie phase-out is not a significant concern, as their contextual targeting capabilities remain strong [58][60] Question: Strategic priorities for Care.com - Management outlined three core priorities for Care: improving product matching, optimizing pricing and packaging, and enhancing marketing efforts [100][104]

Harmony Biosciences (HRMY) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Good morning. My name is Angela and I will be your conference operator today. At this time, I would like to welcome everyone to Harmony Biosciences First Quarter twenty twenty five Financial Results Conference Call. All participant lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Please be advised that today's conference may be recorded. ...

Great Elm Capital (GECC) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Greetings and welcome to the Great Elm Capital Corp First Quarter twenty twenty five Financial Results Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Peter Skusa, a representative of the company. Thank you. You may begin. Speaker1 Hello and than ...

Graham Holdings Company (GHC) FY 2025 Annual General Meeting May 06, 2025 08:30 AM ET Speaker0 President and CEO of Graham Holdings Company, and I will act as the chairman of my of the meeting. To my right is Wally Cooney, senior vice president and CFO of the company, and Nicole Madhuri, the senior vice president and general counsel and secretary of the company, will act as the secretary of the meeting. I'd like to welcome all of you to the Annual Meeting of Stockholders for 2025. Now let me describe briefl ...