Ouster, Inc. (NASDAQ:OUST) Q4 2024 Earnings Conference Call March 20, 2025 5:00 PM ET Company Participants Jim Fanucchi - IR Angus Pacala - CEO Chen Geng - Interim CFO Conference Call Participants Andres Sheppard - Cantor Fitzgerald Timothy Savageaux - Northland Capital Markets Casey Ryan - WestPark Capital Madison de Paola - Rosenblatt Operator Hello, and welcome to Ouster’s Fourth Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After today’s prese ...

MacroGenics, Inc. (NASDAQ:MGNX) Q4 2024 Earnings Conference Call March 20, 2025 4:30 PM ET Company Participants James Karrels - SVP, CFO and Secretary Scott Koenig - President and CEO Stephen Eck - SVP, Clinical Development & Chief Medical Officer Conference Call Participants Peter Lawson - Barclays Jonathan Chang - Leerink Partners Nicholas Lorusso - TD Cowen Jonathan Miller - Evercore ISI Stephen Willey - Stifel Silvan Tuerkcan - Citizens JMP Securities Mayank Mamtani - B. Riley Securities Operator Good a ...

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Q4 2024 Earnings Conference Call March 20, 2025 10:00 AM ET Company Participants Dan Aldridge - Vice President, Investor Relations Steve Lawrence - Chief Executive Officer Carl Ford - Chief Financial Officer Conference Call Participants Anthony Chukumba - Loop Capital Christopher Horvers - JPMorgan Brian Nagel - Oppenheimer Kate McShane - Goldman Sachs Greg Melich - Evercore Michael Lasser - UBS Simeon Gutman - Morgan Stanley Operator Good morning, and welcome ...

Motorsport Games Inc. (NASDAQ:MSGM) Q4 2024 Earnings Conference Call March 20, 2025 5:00 PM ET Company Participants Ben Rossiter-Turner - Investor Relations Stephen Hood - Chief Executive Officer Stanley Beckley - Chief Financial Officer Conference Call Participants Operator Thank you for standing by and welcome to Motorsport Games Inc.'s Fourth Quarter and Full Year 2024 Earnings Call. A section of our call has been prerecorded. As such, cash used in operations for the year ended December 31, 2024, and our ...

Tenon Medical, Inc. (NASDAQ:TNON) Q4 2024 Earnings Conference Call March 20, 2025 4:30 PM ET Company Participants Steve Foster - President and CEO Kevin Williamson - Chief Financial Officer Conference Call Participants Anthony Vendetti - Maxim Group Operator Greetings. And welcome to the Tenon Medical Fourth Quarter and Full Year 2024 Financial Results and Corporate Update Conference Call. As a reminder, this call is being recorded. Your hosts today are Steve Foster, President and Chief Executive Officer; a ...

Vaxart, Inc. (NASDAQ:VXRT) Q4 2024 Earnings Conference Call March 20, 2025 4:30 PM ET Company Participants Ed Berg - SVP and General Counsel Steven Lo - CEO James Cummings - CMO Sean Tucker - Founder and CSO Phillip Lee - CFO Ray Stapleton - CTO Conference Call Participants Cheng Li - Oppenheimer Liang Cheng - Jefferies Operator Greetings and welcome to the Vaxart Business Update and Fourth Quarter and Full Year 2024 Financial Results Conference call. A question-and-answer session will follow management's o ...

Financial Data and Key Metrics Changes - For Q4 2024, the company reported sales of $275.6 million, a decrease from $293.5 million in the previous year, but an increase of 1.4% when excluding the impact of the 53rd week in fiscal 2023 [31][32] - Adjusted EBITDA increased to $16.7 million from $16.4 million year-over-year, with an adjusted EBITDA margin expanding by 50 basis points to 6.1% [35][36] - The company ended the quarter with $48.5 million in cash, a significant increase from $11.7 million a year ago, and total liquidity stands at $158 million [27][37] Business Line Data and Key Metrics Changes - Comparable sales were down 0.8% for the quarter, but there was a positive response in apparel, particularly in denim, non-denim bottoms, and dresses, which saw high demand [12][32] - The company ended the year with inventory up 4%, primarily due to higher in-transit levels, but down 18% on a two-year basis [13][38] Market Data and Key Metrics Changes - The company experienced some choppiness in business during early weeks of the quarter due to macroeconomic uncertainty and adverse weather, but saw a trend line improvement as the quarter progressed [9][10] - The new sub-brands are attracting younger customers, with new buyers averaging in their mid-30s, indicating a shift in customer demographics [20][100] Company Strategy and Development Direction - The company is focused on three strategic priorities: enhancing product assortment, driving customer growth, and executing a store optimization plan [15][25] - The strategy includes closing underperforming locations while selectively opening new stores in high-performing markets, with plans to close an additional 40 to 50 stores in fiscal 2025 [25][42] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the business, noting improvements in traffic and core categories, while acknowledging the uncertain consumer environment [10][54] - For fiscal 2025, the company expects full-year sales to range between $1.080 billion and $1.100 billion, with adjusted EBITDA projected between $100 million and $110 million [44][45] Other Important Information - The company is reallocating marketing investments to support sub-brand launches and model search initiatives, indicating a strategic shift in marketing focus [46] - The company has a flexible sourcing structure and is expanding into new markets to mitigate tariff impacts [81][82] Q&A Session Summary Question: What are the latest thoughts on the health of the Torrid consumer? - Management noted that the fundamental strength of the Torrid customer remains intact, with positive traffic trends but more conservative conversion rates [50][54] Question: Can you quantify the impact of the 40 to 50 additional store closures this year? - The majority of closures will happen in Q4, with benefits expected to flow through financials in the following year [56][59] Question: Do you anticipate this being a prolonged campaign of closings? - Management indicated that while there will be opportunities for closures, it is not expected to be a prolonged project [62][64] Question: What is your guidance embedding on the tariff impact of the year? - The guidance includes all known tariffs, with a flexible sourcing structure to navigate potential changes [81][82] Question: How do you think about the cadence of gross margin and SG&A throughout the year? - SG&A is expected to be higher in the first half due to shifted marketing expenses, but overall should remain consistent with the prior year [111]

Quantum Computing Inc. (NASDAQ:QUBT) Q4 2024 Earnings Conference Call March 20, 2025 4:30 PM ET Company Participants Rosalyn Christian - Investor Relations William McGann - Chief Executive Officer Chris Boehmler - Chief Financial Officer Conference Call Participants Ed Woo - Ascendiant Capital Operator Greetings. Welcome to the Quantum Computing Inc. Fourth Quarter 2024 Shareholder Update Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the ...

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) Q4 2024 Earnings Conference Call March 20, 2025 11:00 AM ET Company Participants Caroline Beasley - Chief Executive Officer Lauren Burrows Coleman - Chief Financial Officer Operator Good morning, and welcome to Beasley Broadcast Group Fourth Quarter and Full Year 2024 Earnings Call. Before proceeding, I would like to emphasize that today's conference call and webcast will contain forward-looking statements about our future performance and results of operations tha ...

KNOT Offshore Partners LP (NYSE:KNOP) Q4 2024 Earnings Conference Call March 20, 2025 9:30 AM ET Company Participants Derek Lowe - Chief Executive Officer & Chief Financial Officer Conference Call Participants Liam Burke - B. Riley Poe Fratt - Alliance Global Partners Mario Epelbaum - First New York Climent Molins - Value Investor's Edge Operator Good morning and thank you all for attending the KNOT Offshore Partners Fourth Quarter 2024 Earnings Call. My name is Brica [ph] and I will be your moderator for t ...