Workflow
fuboTV(FUBO) - 2025 Q1 - Quarterly Results
2025-05-02 11:35
Financial Performance - Fubo ended Q1 2025 with 1.47 million North America subscribers and revenue of $407.9 million, exceeding guidance for revenue [3]. - Net income for Q1 2025 was $188.5 million, a significant improvement from a net loss of $56.3 million in Q1 2024, with EPS of $0.55 [11]. - Adjusted EBITDA for Q1 2025 was -$1.4 million, reflecting a $37.4 million improvement year-over-year [12]. - Free Cash Flow in Q1 2025 was -$62 million, an improvement of $9.3 million compared to Q1 2024 [15]. - Total revenues for Q1 2025 reached $416.3 million, a 3.4% increase from $402.3 million in Q1 2024 [40]. - Subscription revenue increased to $391.4 million, up 4.3% from $373.7 million year-over-year [40]. - Operating loss improved to $25.4 million in Q1 2025, compared to a loss of $63.3 million in Q1 2024 [40]. - Cash and cash equivalents increased to $321.6 million as of March 31, 2025, compared to $161.4 million at the end of 2024 [42]. - Total assets grew to $1.22 billion, up from $1.08 billion at the end of 2024 [42]. - Shareholders' equity increased to $389.0 million, compared to $180.8 million at the end of 2024 [42]. - The company reported a gain on settlement of litigation amounting to $219.7 million in Q1 2025 [40]. - Basic net income per share for continuing operations was $0.55, compared to a loss of $0.19 in Q1 2024 [40]. - For the three months ended March 31, 2025, fuboTV reported a net income from continuing operations of $188,488 thousand, compared to a net loss of $56,329 thousand in the same period of 2024 [43]. - The company generated $161,402 thousand in net cash provided by operating activities from continuing operations, a significant improvement from the net cash used of $67,046 thousand in the prior year [43]. - The average revenue per user (ARPU) for North America was $85.37 for the three months ended March 31, 2025, compared to $84.54 in the same period of 2024 [54]. - The total number of paid subscribers was approximately 1,585,130 for the three months ended March 31, 2025, reflecting growth in the user base [45]. - Net income from continuing operations for the three months ended March 31, 2025, was $188,488, compared to a loss of $56,329 for the same period in 2024 [56]. Revenue and Guidance - North America ad revenue for Q1 2025 was $22.5 million, representing a 17.3% decline year-over-year [17]. - Subscriber guidance for Q2 2025 projects 1,225,000 to 1,255,000 in North America, indicating a 14% year-over-year decline at the midpoint [24]. - Revenue guidance for Q2 2025 in North America is projected at $340 million to $350 million, representing a 10% year-over-year decline at the midpoint [24]. - Subscription revenue for the three months ended March 31, 2025, was $391,432 thousand, while advertising revenue was $22,881 thousand [54]. Strategic Initiatives - Fubo renewed its exclusive multi-year rights agreement with the English Premier League in Canada, enhancing its content offerings [19]. - New features such as personalized game alerts and live game scores are being introduced to optimize the sports streaming experience [20][21]. - The company aims to achieve profitability in 2025 for its global streaming business, focusing on innovative streaming experiences and customer value [6]. - FuboTV is pursuing a business combination with Hulu + Live TV, which is expected to enhance its market position and growth potential [35]. - The company is focused on strategic acquisitions and market expansion as part of its growth strategy moving forward [44]. - The company is in the process of a business combination with Hulu + Live TV, incurring certain transaction expenses related to this pending deal [57]. Cash Flow and Expenses - Free cash flow for the period was calculated as net cash provided by operating activities from continuing operations minus capital expenditures, indicating liquidity available for operational expenses and investments [51]. - Adjusted EBITDA for the three months ended March 31, 2025, was $(1,420), improving from $(38,818) in the same period of 2024, with an adjusted EBITDA margin of -0.3% [56]. - Free Cash Flow for the three months ended March 31, 2025, was $(61,994), a decline from $16,267 in the same period of 2024 [60]. - Net cash provided by operating activities for the trailing twelve months ended March 31, 2025, was $152,821, compared to $(163,052) for the same period in 2024 [61]. - Adjusted net loss from continuing operations for the three months ended March 31, 2025, was $(7,914), compared to $(41,518) in the same period of 2024 [62]. - The company reported certain litigation expenses of $7,050 for the three months ended March 31, 2025, compared to $2,257 in the same period of 2024 [62]. - Stock-based compensation for the three months ended March 31, 2025, was $3,464, down from $12,977 in the same period of 2024 [62]. - The weighted average shares outstanding for basic shares increased to 341,059,213 for the three months ended March 31, 2025, from 299,363,298 in the same period of 2024 [62].
U.S. Cellular(USM) - 2025 Q1 - Quarterly Results
2025-05-02 11:33
Exhibit 99.1 NEWS RELEASE As previously announced, UScellular will hold a teleconference on May 2, 2025, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of investors.uscellular.com. CHICAGO (May 2, 2025) — United States Cellular Corporation (NYSE:USM) reported total operating revenues of $891 million for the first quarter of 2025, versus $950 million for the same period one year ago. Service revenues totaled $741 million, versus $754 million for the same period one year ago. Ne ...
Shutterstock(SSTK) - 2025 Q1 - Quarterly Report
2025-05-02 11:32
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________________________________________________________ FORM 10-Q ___________________________________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES E ...
Cboe(CBOE) - 2025 Q1 - Quarterly Results
2025-05-02 11:30
News Release Page 1 of 15 Cboe Global Markets Reports Results for First Quarter 2025 First Quarter Highlights* CHICAGO, IL – May 2, 2025 - Cboe Global Markets, Inc. (Cboe: CBOE) today reported financial results for the first quarter of 2025. "In the first quarter, Cboe reported record quarterly net revenue of $565 million, record diluted EPS of $2.37, and record adjusted diluted EPS of $2.50, with strong results from each of our Derivatives, Cash and Spot Markets, and Data Vantage categories," said Fredric ...
Shutterstock(SSTK) - 2025 Q1 - Quarterly Results
2025-05-02 11:30
Shutterstock Reports First Quarter 2025 Financial Results New York, NY - May 2, 2025 - Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a leading global creative platform offering high- quality creative content for transformative brands, digital media and marketing companies, today announced financial results for the first quarter ended March 31, 2025. Commenting on the Company's performance, Paul Hennessy, the Company's Chief Executive Officer, said, "I am pleased to report that Shutterstock started the ye ...
Butterfly Network(BFLY) - 2025 Q1 - Quarterly Report
2025-05-02 11:28
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________ FORM 10-Q ____________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to Commission File Number: 001-39292 __ ...
Westlake Chemical Partners(WLKP) - 2025 Q1 - Quarterly Results
2025-05-02 11:25
EXHIBIT 99.1 WESTLAKE CHEMICAL PARTNERS LP Contact—(713) 585-2900 Investors—Steve Bender Media—L. Benjamin Ederington Westlake Chemical Partners LP Announces First Quarter 2025 Results • Declared quarterly distribution of $0.4714 per unit; 43 consecutive quarterly distribution rd HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the first quarter of 2025 of $4.9 million, or $0.14 per limited partner unit, whi ...
Westlake(WLK) - 2025 Q1 - Quarterly Results
2025-05-02 11:25
EXHIBIT 99.1 WESTLAKE CORPORATION Contact—(713) 960-9111 Investors—Steve Bender Media—L. Benjamin Ederington Westlake Corporation Reports First Quarter 2025 Results HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced first quarter 2025 results. SUMMARY FINANCIAL HIGHLIGHTS (in millions of dollars, except per share data and percentages) | | | Three Months | | Three Months | | Three Months | | --- | --- | --- | --- | --- | --- | --- | | | | Ended March 31, ...
Butterfly Network(BFLY) - 2025 Q1 - Quarterly Results
2025-05-02 11:25
Three Months Ended March 31, 2025 Financial Results Exhibit 99.1 Butterfly Network Reports First Quarter 2025 Financial Results Delivered on Quarterly Revenue and EBITDA Guidance BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE) -- Butterfly Network, Inc. (NYSE: BFLY) ("Butterfly" or the "Company"), a digital health company transforming care with portable, semiconductor-based ultrasound technology and intuitive software, today announced financial results for the first quarter ended March 31, 2025, and provided ...
Ryan Specialty (RYAN) - 2025 Q1 - Quarterly Report
2025-05-02 11:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________ FORM 10-Q ____________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________to Commission File Number: 001-40645 ____________ RYAN SPECIALTY HOLDINGS, INC. (Exact name of registrant as specified in its charter) ...