Universal Display (OLED) Q1 2025 Earnings Call May 01, 2025 05:00 PM ET Speaker0 Good day, ladies and gentlemen, and welcome to Universal Display Corporation's First Quarter twenty twenty five Earnings Conference Call. My name is Sherry, and I will be your conference moderator for today's call. As a reminder, this conference is being recorded for replay purposes. I would now like to turn the call over to Darice Liu, Senior Director of Investor Relations. Please proceed. Speaker1 Thank you, and good afternoo ...

BJ's Restaurants (BJRI) Q1 2025 Earnings Call May 01, 2025 05:00 PM ET Speaker0 Good afternoon and welcome to the BJ's Restaurants First Quarter twenty twenty five Earnings Release Conference Call. All participants will be in listen only mode. Please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. Please note this event is being recorde ...

Apple (AAPL) Q2 2025 Earnings Call May 01, 2025 05:00 PM ET Company Participants Suhasini Chandramouli - Director of Investor RelationsTim Cook - CEOKevan Parekh - SVP & CFOErik Woodring - Managing Director - Equity ResearchBen Reitzes - Managing Director – Head of Technology ResearchMichael Ng - Managing Director - Global Investment ResearchAmit Daryanani - Senior Managing Director - Equity ResearchDavid Vogt - Managing DirectorSamik Chatterjee - Executive DirectorKrish Sankar - Managing Director Conferenc ...

Reddit (RDDT) Q1 2025 Earnings Call May 01, 2025 05:00 PM ET Company Participants Jesse Rose - Head of Investor RealtionsSteve Huffman - Co-Founder and CEOJen Wong - COODrew Vollero - CFORon Josey - Managing DirectorAndrew Boone - Managing DirectorBenjamin Black - Co-Head Internet Equity ResearchEric Sheridan - Managing DirectorSteven H - Senior Associate - Internet Equity ResearchAlan Gould - Managing Director Conference Call Participants Thomas Champion - Director & Senior Research AnalystKen Gawrelski - ...

Atlassian (TEAM) Q3 2025 Earnings Call May 01, 2025 05:00 PM ET Speaker0 Good afternoon, and thank you for joining Atlassian's earnings conference call for the third quarter of fiscal year twenty twenty five. As a reminder, this conference call is being recorded and will be available for replay on the Investor Relations section of Atlassian's website following this call. I will now hand the call over to Martin Lamb, Atlassian's Head of Investor Relations. Speaker1 Welcome to Atlassian's third quarter of fis ...

DMC Global (BOOM) Q1 2025 Earnings Call May 01, 2025 05:00 PM ET Speaker0 and welcome to the DMC Global First Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. Please note this conference is being recorded. I will now turn the conference over to our host, Jeff High, Vice President of Investor Relations. Thank you. You may begin. Speaker1 Hello, and welcome to DMC's first quarter conference ca ...

Financial Data and Key Metrics Changes - The company reported record first quarter revenue, operating earnings, and cash flow, with revenue growth of 6% compared to the previous year [7][11] - GAAP operating earnings were $582 million, representing 23% of sales, an increase from 21.7% in the prior year [11] - Non-GAAP operating earnings were $716 million, up 12% year-over-year, with a non-GAAP operating margin of 28.3%, an increase of 160 basis points [11][12] - GAAP earnings per share (EPS) was $2.53, up from a loss of $0.23 in the year-ago quarter, while non-GAAP EPS was $3.18, a 13% increase from $2.81 [11][12] - Operating cash flow for Q1 was $510 million, up $128 million from last year, and free cash flow was $473 million, an increase of $137 million [12] Business Line Data and Key Metrics Changes - In the Software and Services segment, sales increased by 9%, driven by strong adoption of software applications [7][14] - The Products and SI segment saw a 4% increase in sales, with significant operating margin expansion due to growth in higher-tier public safety devices and lower material costs [8][14] - Notable achievements included various large orders in both segments, indicating strong demand across product lines [14][15] Market Data and Key Metrics Changes - North America Q1 revenue was $1.9 billion, up 9%, while international revenue was $676 million, down 3% due to currency headwinds and lower LMR revenue from Ukraine [15] - Ending backlog for Q1 was $14.1 billion, down 2% year-over-year, driven by strong LMR shipments and revenue recognition [16] Company Strategy and Development Direction - The company is focused on expanding its public safety ecosystem with new products and solutions, including recent acquisitions and product launches [8][24] - Investments in video and software are expected to drive meaningful revenue growth, with a strong emphasis on cloud and SaaS offerings [18][19] - The company is navigating tariff-related cost increases through supply chain actions and cost-saving measures [18][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's positioning, noting that customers continue to prioritize investments in safety and security [9][21] - The outlook for Q2 includes expected sales growth of approximately 4% and non-GAAP EPS guidance between $3.32 and $3.37 [17] - For the full year, the company anticipates revenue growth of 5.5% and non-GAAP EPS between $14.64 and $14.74 [17] Other Important Information - The company successfully renewed its $2.25 billion revolving credit facility, enhancing its financial flexibility [20] - The introduction of new technologies like SVX and Assist is expected to transform public safety operations and drive further adoption of higher-tier radios [22][23] Q&A Session Summary Question: Can you walk us through the video product revenue performance in the quarter? - Video revenue grew nicely, with software leading that growth, and the cloud video offer, Alta, performing well [27][28] Question: Are you seeing any change in customer behavior due to tariffs? - There has been no significant change in customer behavior, and the company is proactively managing tariff impacts [30][31] Question: Can you comment on demand trends and the full-year revenue guide? - Demand remains strong, with record orders in Q1, and the company does not see any softening in demand [36][38] Question: What are the early demand signals for the new SVX product? - There is high interest from customers, with some planning to upgrade to the APEX NEXT family of radios after seeing the SVX demonstration [47][48] Question: How is the company navigating the current budget cycle and federal grant awards? - The public safety technology continues to be prioritized, and state and local budgets appear to be in good shape [84][85]

Block (SQ) Q1 2025 Earnings Call May 01, 2025 05:00 PM ET Company Participants Nikhil Dixit - Investor Relations OfficerJack Dorsey - Chief Executive Officer, Chairman and Co-FounderAmrita Ahuja - COO, CFO & TreasurerDarrin Peller - Managing DirectorTimothy Chiodo - Managing DirectorRamsey El-Assal - Managing DirectorRayna Kumar - Managing Director - Fintech Equity ResearchAndrew Bauch - Director - Equity ResearchWill Nance - Vice PresidentAdam Frisch - Senior Managing Director - EquitiesTrevor Williams - M ...

Financial Data and Key Metrics Changes - Total revenue in Q1 was $311 million, up 15% year over year, with international revenue growing 18% year over year [29][30] - Non-GAAP operating income was $32 million, representing a non-GAAP operating margin of 10% [30] - Current RPO grew 20% year over year, and current deferred revenue grew 15% year over year [30] Business Line Data and Key Metrics Changes - The company has over 2,400 customers contributing more than $100,000 in ARR, indicating strong customer retention and growth [11] - The average contract duration increased from approximately 20 months to about 21.5 months, with the proportion of ARR on multi-year deals rising from 38% to 43% [44] Market Data and Key Metrics Changes - International revenue growth was impacted by currency headwinds, contributing approximately two points of headwind to international revenue growth; on a constant currency basis, international revenue grew 20% year over year [29][30] - The company noted a steady pipeline and that customers have not substantially altered their plans despite tariff uncertainties [9][34] Company Strategy and Development Direction - The company is focused on driving digital transformation in the construction industry and enhancing its platform capabilities, including AI integration [10][14] - The strategy includes acquiring new customers, expanding volume with existing customers, cross-selling products, and international expansion [19][20] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about long-term growth despite short-term headwinds from tariffs, emphasizing the importance of productivity gains and risk management [12][18] - The company is maintaining its revenue guidance for the full year, expecting revenue between $1.286 billion and $1.290 billion, representing total year-over-year growth of 12% [38] Other Important Information - The company is undergoing a go-to-market transition to build deeper partnerships with customers, which has been well received despite some initial disruption [25][26] - A CEO succession plan is in place, with a search for a successor being conducted thoughtfully and without urgency [27][28] Q&A Session Questions and Answers Question: Can you discuss the drivers behind the CRPO acceleration and the strength of new logos versus net revenue retention? - The company had a strong new logo quarter, contributing to performance, with longer contract durations providing flexibility for customers [42][44] Question: What are the early signs of success in international markets following the management changes? - New technical resources have improved customer engagement and adoption, indicating positive growth prospects [46][48] Question: How does the company view its role as a partner versus a vendor in the current market? - The company is seen as a partner providing significant value beyond software, helping customers navigate challenges and improve transparency [54] Question: How does the company plan to leverage its AI capabilities in the construction ecosystem? - The company has a unique vantage point with extensive data across various project types, enabling it to develop valuable AI tools that enhance productivity [58][60] Question: What metrics should investors focus on to measure progress in customer growth? - The focus is on dollar volume rather than customer count, with significant untapped opportunities remaining in the market [79][80] Question: Can you provide insights into the impact of longer contract durations on revenue recognition? - Longer durations allow for earlier reloading of CRPO, but do not impact revenue recognition directly [81][83]

Strategy (MSTR) Q1 2025 Earnings Call May 01, 2025 05:00 PM ET Company Participants Shirish Jajodia - Head - IR & TreasuryPhong Le - President & CEOAndrew Kang - Executive VP & CFOMichael Saylor - Executive Chairman Shirish Jajodia And good evening. I'm Sherid Jajodiya, corporate treasurer and head of investor relations at Strategy. I will be your moderator for Strategy's twenty twenty five first quarter earnings webinar. Before we proceed, I will read the safe harbor statement. Some of the information we p ...