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 ...

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 ...

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 ...

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 - ...

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 - 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]

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 ...

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 ...

Financial Data and Key Metrics Changes - The company reported a 12% year-on-year increase in Live Nation concerts activity through Ticketmaster, while other promoters saw a 2% decline [7] - Overall concert activity was up 4%, but other categories such as sports, arts, and family events were down 9% [8] - Deferred revenue for Ticketmaster increased by 13% for the quarter, indicating potential future revenue growth [9][12] Business Line Data and Key Metrics Changes - Live Nation concerts showed strong growth, while non-concert activities experienced a decline, leading to a mixed performance across business lines [8] - The company expects a significant portion of concert fan growth to occur in the second half of the year, with ticket sales for major artists like Chris Brown and Lady Gaga performing well [10][15] Market Data and Key Metrics Changes - The company noted that foreign exchange (FX) fluctuations had a negative impact, with Ticketmaster absorbing about 60% of the FX headwind in Q1 [11] - Despite these challenges, the company remains optimistic about growth in international markets, particularly with increased deferred revenue [12] Company Strategy and Development Direction - The company is focusing on expanding its Venue Nation portfolio, with expectations to open four new venues by the end of the year, contributing to future revenue growth [33][66] - The acquisition of Hayashi in Japan is seen as a strategic move to strengthen the company's presence in one of the largest music markets globally [27][29] Management's Comments on Operating Environment and Future Outlook - Management has not observed any consumer pullback in demand for concerts, with ticket sales remaining strong across various genres [15][18] - The company is actively monitoring market conditions and is prepared to adjust costs if necessary, leveraging lessons learned during the COVID-19 pandemic [20][19] Other Important Information - The company is implementing more price tiers across venues to enhance affordability and maximize ticket sales, reflecting a shift from static pricing models [69][70] - The management emphasized the importance of transparency and regulation in the secondary ticketing market, supporting initiatives to combat ticket scalping [61][82] Q&A Session Summary Question: Insights on Ticketmaster results and future expectations - Management acknowledged a decline in revenue and AOI due to timing and supply issues, but remains confident in future growth driven by deferred revenue [5][12] Question: Consumer demand and potential pullback - Management has not seen any signs of consumer pullback and reported strong ticket sales for upcoming events [15][18] Question: Concert margin expectations for 2025 - Management expects concert margins to remain flat compared to the previous year, driven by increased volume and scale [24][66] Question: Update on Venue Nation and its impact - The company anticipates double-digit growth in fan count at Venue Nation venues, contributing positively to margins [66] Question: Pricing strategies and market dynamics - Management discussed the ongoing efforts to optimize pricing models to balance affordability and revenue maximization [49][70] Question: Secondary ticketing market trends - The company views the secondary market as a feature rather than a growth driver, aiming to reduce its significance through better pricing strategies [82]

Alignment Healthcare (ALHC) Q1 2025 Earnings Call May 01, 2025 05:00 PM ET Speaker0 Good afternoon, and welcome to Alignment Healthcare's First Quarter twenty twenty five Earnings Conference Call and Webcast. At this time, all participants are in a listen only mode. After the speaker presentation, Speaker1 there will be a Speaker0 question and answer session. To ask a question during the session, you will need to press 11 on your telephone. You will then hear an automated message advising your hand has been ...