DXC Technology (DXC) Q4 2025 Earnings Call May 14, 2025 05:00 PM ET Company Participants Roger Sachs - Vice President, Investor RelationsRaul Fernandez - President & CEORob Del Bene - CFOJonathan Lee - Managing Director, Equity ResearchPaul Obrecht - Equity Research AssociateRod Bourgeois - Head of Research Conference Call Participants Bryan Bergin - AnalystJames Faucette - AnalystKeith Bachman - Senior Research AnalystTyler DuPont - AnalystJamie Friedman - Senior FinTech and IT Services Research Analyst Op ...

Shimmick Corporation (SHIM) Q1 2025 Earnings Call May 14, 2025 05:00 PM ET Company Participants Anthony Rasmus - Investor RelationsUral Yal - CEO & DirectorTodd Yoder - CFO Conference Call Participants Aaron Spychalla - Research Analyst Anthony Rasmus Good afternoon, and thank you for joining us today on today's conference call to discuss Shimick's first quarter twenty twenty five results. Slides for today's presentation are available on the Investor Relations section of our website, www.shimick.com. During ...

Nextracker (NXT) Q4 2025 Earnings Call May 14, 2025 05:00 PM ET Company Participants Chuck Boynton - CFODaniel Shugar - Founder & CEOHoward Wenger - PresidentMark Strouse - Executive DirectorDimple Gosai - Head of US Cleantech & Sustainability ResearchMoses Sutton - Managing DirectorDylan Nassano - Vice President Conference Call Participants Ben Kallo - Senior Research AnalystPhilip Shen - Managing Director, Senior Research AnalystBrian Lee - AnalystKashy Harrison - Senior Research AnalystJulien Dumoulin-Sm ...

The Beachbody Company (BODI) Q1 2025 Earnings Call May 14, 2025 05:00 PM ET Company Participants Bruce Williams - Managing DirectorMark Goldston - Executive ChairmanCarl Daikeler - Co-Founder, Chairman and CEOBrad Ramberg - Interim Chief Financial OfficerAlec Legg - Vice President , Equity Research Conference Call Participants George Kelly - Managing Director, Senior Research AnalystChristopher Sakai - Analyst Operator Good afternoon. Thank you for attending today's Beachbody Company Inc. First Quarter twen ...

DLocal (DLO) Q1 2025 Earnings Call May 14, 2025 05:00 PM ET Company Participants Mirele de Aragao - Head of Investor RelationsPedro Arnt - Director & CEOJeffrey Brown - Interim CFOTito Labarta - Vice President Conference Call Participants Jamie Friedman - Senior FinTech and IT Services Research AnalystGuilherme Grespan - Equity Research AnalystJorge Kuri - AnalystNeha Agarwala - AnalystJohn Coffey - AnalystCassie Chan - Analyst Operator There a Please be advised that today's conference is being recorded. I ...

Financial Data and Key Metrics Changes - Revenue in Q1 2025 was $3.4 million, marking a record product revenue for the quarter and reflecting continued growth in commercial traction from automotive and industrial customers [22] - Non-GAAP operating loss for Q1 was $25.9 million, which is 19% lower year over year, consistent with the plan to reduce non-GAAP operating expenses by 10% to 20% for the full year [22] - Gross cash use was $31.3 million in the quarter, with operating cash use of $30.8 million and capital expenditures of $0.5 million [22] - Total available liquidity at the end of Q1 was $206 million, including $81 million in cash and cash equivalents and $125 million in undrawn facilities [22] Business Line Data and Key Metrics Changes - The company is seeing strong commercial traction with the EVE ONE line of high precision sensors, with over 1,000 sensors booked and plans to ship later this year [8][12] - The EVE ONE sensors are designed for high volume and inline industrial automation applications, representing a breakthrough in the $4 billion laser displacement sensor market [6][11] - Initial orders for EVE ONE sensors have already started shipping, with significant interest from leading industrial automation companies [12] Market Data and Key Metrics Changes - Aeva has entered the Intelligent Transportation System (ITS) market, securing a partnership with Sensus GATSO as its exclusive LiDAR supplier for mobile speed detection products in Australia [8][19] - The overall addressable market for laser displacement sensors is projected to grow significantly, with annual volumes exceeding 2 million sensors [13] Company Strategy and Development Direction - Aeva's mission is to build a core FMCW technology platform to expand applications beyond automotive, with significant progress in industrial automation and ITS [6][10] - Aeva announced a strategic collaboration with a global Fortune 500 technology subsidiary, which plans to invest up to $50 million to expand Aeva's end markets and deliver advanced perception sensing products [9][16] - The company aims to leverage its strategic partner's manufacturing expertise to accelerate product development and market entry [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position to accelerate the adoption of its technology platform and enter new markets, citing strong commercial momentum [25] - The company anticipates at least 80% to 100% revenue growth for the full year compared to 2024, driven by increasing commercial traction across automotive and industrial markets [24][51] Other Important Information - Aeva plans to host an AIVA Day on July 31 in New York City to provide deeper insights into its technology and commercial traction [26] - The company is ramping up manufacturing capacity to meet growing demand for its sensors, targeting an installation capacity of 100,000 units per year [41][60] Q&A Session Summary Question: Can you talk about incremental target markets with the new partner? - Management highlighted the partnership's potential to expand into consumer market applications and accelerate industrial applications, leveraging the partner's scale and experience [30] Question: How is the relationship with SICK evolving? - Management noted a long-standing partnership with SICK, which holds about 15% market share, and expressed confidence in transitioning a significant portion of their portfolio to FMCW technology [34] Question: How long does it take to ramp new customers in the laser displacement sensor market? - Management indicated that while initial engagements take time, subsequent customer onboarding is expected to be much quicker, potentially within months [40] Question: Can you discuss momentum with other passenger OEMs? - Management confirmed ongoing engagements with multiple top passenger OEMs and expressed optimism about transitioning from development to production phases [48] Question: What led to the increase in revenue guidance? - Management attributed the increased guidance to strong momentum in both industrial and automotive markets, with record product revenue in Q1 [51] Question: What is the expected timeline for finishing the manufacturing capacity ramp? - Management confirmed that the goal is to install manufacturing capacity of 100,000 units within the current year [60] Question: Can you recap the remaining milestones for the global top 10 passenger OEM? - Management outlined that the next steps involve integration activities to ensure the sensor design fits across multiple vehicle models, with confidence in transitioning to production [66]

Financial Data and Key Metrics Changes - The company reported a net profit of $24 million for Q3 FY 2025, reflecting a 28% growth quarter on quarter [5][18] - Revenue reached a record $148 million for the quarter, up 24% from approximately $120 million in Q2 [5][18] - Adjusted EBITDA increased from $62 million to $83 million, marking a 32% rise [18][71] - The average operating hash rate grew to 29.4 exahash, a 30% increase from the previous quarter [14][71] Business Line Data and Key Metrics Changes - The Bitcoin mining segment averaged 29.4 exahash of operating capacity, representing a nearly 5x uplift year on year [6][14] - The AI cloud segment saw a 33% quarter on quarter revenue growth, with hardware profit margins of 97% [35] - The company is on track to reach 50 exahash of installed capacity by June 30, 2025, a 4x increase from 10 exahash in June 2024 [7][20] Market Data and Key Metrics Changes - The company noted a 326% year on year hash rate growth against a 40% increase in network difficulty, indicating market share gains [14] - The global AI data center demand is projected to grow three and a half times in the next five years, necessitating new infrastructure [40] Company Strategy and Development Direction - The company is focusing on value-accretive investments in both Bitcoin mining and AI infrastructure, pausing further mining expansion to allocate capital towards AI [7][25] - Significant build-outs are underway for AI data centers, including a 50 megawatt liquid cooled data center and a 2 gigawatt flagship hub in West Texas [9][62] - The company aims to transition to U.S. domestic issuer status to align reporting with U.S. GAAP and reflect its increased U.S. asset footprint [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued earnings momentum into fiscal Q4, driven by key growth initiatives [6] - The company is practicing disciplined capital allocation amid broader market volatility, emphasizing the importance of cash flow from Bitcoin mining to fund AI growth [11][25] - Management highlighted the competitive advantage in securing large-scale sites and power capacity to meet rising AI infrastructure demand [44][62] Other Important Information - The company is transitioning to U.S. GAAP reporting from July 1, 2025, which will impact the accounting for convertible notes and other financial instruments [74] - The company has $160 million in cash on the balance sheet, supporting its growth plans [67] Q&A Session Summary Question: How should we think about your appetite to fill out the available capacity of Prince George and growth beyond that? - The company is focused on capital and risk-adjusted returns, looking to match debt with customer contracts for growth in AI cloud services [79] Question: At what stage could it make sense to bring a partner in for joint ventures? - The company may need to bring in partners for project financing and debt, especially for large-scale developments like Sweetwater [81] Question: How is the AI cloud business performing in terms of uptime and utilization? - The company tracks a full range of metrics and receives positive feedback from customers, indicating strong performance compared to industry norms [90] Question: What milestones are you looking for to indicate progress towards formal agreements at Horizon One? - The company is in advanced negotiations with several customers and expects to finalize contracts ahead of commissioning in Q4 [94]

Financial Data and Key Metrics Changes - Total revenue for Q4 2025 was $3.2 billion, a decline of 4.2% year-over-year on an organic basis [16] - Adjusted EBIT margin was 7.3%, down 110 basis points year-over-year [17] - Non-GAAP EPS was $0.84, down from $0.97 in the same quarter last year [18] - Full year total revenue was $12.9 billion, down 4.6% year-over-year on an organic basis [24] - Non-GAAP diluted EPS for the full year was $3.43, up 11% year-over-year [24] Business Line Data and Key Metrics Changes - GBS (Global Business Services) revenue, which represents 51% of total revenue, declined 2.4% year-over-year organically [19] - GIS (Global Infrastructure Services) revenue, representing 49% of total revenue, declined 6% year-over-year organically [22] - Within GBS, consulting and engineering services saw bookings up 9% year-over-year with a book-to-bill ratio of 1.22 [20] - Insurance Services and Software business grew 1% year-over-year organically, while BPS (Business Process Services) organic revenue grew 2.7% year-over-year [21] Market Data and Key Metrics Changes - Bookings increased by more than 20% year-over-year, resulting in a book-to-bill ratio of 1.2 for Q4 [5] - The second half of the year saw a bookings growth rate of 24% [5] - The pipeline in consumer industries and retail has dropped, particularly in project-based services [34] Company Strategy and Development Direction - The company is focused on achieving sustainable profitable revenue growth and reversing eight consecutive years of revenue decline [5] - Investments are being made in sales capabilities and marketing to deepen customer relationships and expand the pipeline [7] - The company plans to restart its share repurchase program, indicating confidence in future growth [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate economic uncertainties and emphasized the importance of operational discipline [14] - The impact of AI is seen as a significant opportunity for growth, with increasing spending from clients [10] - Management noted that while there are challenges in certain sectors, overall demand remains strong in banking, capital markets, and insurance [35] Other Important Information - The company will report financial results under a new segment structure starting in Q1 2026, which includes Insurance Services and Software, Consulting and Engineering Services, and GIS [30] - The company generated $687 million of free cash flow for the fiscal year, driven by better working capital management [25] Q&A Session Summary Question: Demand trends and industry impacts - Management noted good progress in large contracts but identified softness in consumer industries and retail [34][35] Question: Free cash flow guidance - The $600 million target for free cash flow was explained as adjusted for after-tax EBIT guidance and increased restructuring spending [36] Question: Macroeconomic outlook for revenue guidance - Management indicated that the guidance accounts for uncertainty and potential economic deterioration [40] Question: Pricing environment - The pricing environment has been stable, with improvements noted in mega deals [41] Question: Gen AI spending and project growth - Management highlighted that Gen AI spending has been primarily in smaller pilot projects, with significant potential for growth [45][46] Question: Revenue growth conditions - Management emphasized the importance of a qualified pipeline and execution capabilities for future growth [55][56] Question: Insurance segment reporting - The company will break out insurance as a separate segment starting in 2026, reflecting internal management structures [83] Question: Investment priorities - Investments will focus on replicable capabilities and sales and marketing to drive growth [92][94]

zSpace (ZSPC) Q1 2025 Earnings Call May 14, 2025 05:00 PM ET Speaker0 Good day, everyone. Thank you for participating in today's conference call to discuss zSpace's financial results for the first quarter ending 03/31/2025. Joining us today are zSpace CEO, Paul Kellenberger CFO, Eric de Oliveira and Greg Robbles from Investor Relations. Following their remarks, we'll open the call for analyst questions. Before we go further, I would like to turn the call over to Mr. Rawls as he reads the company's safe harb ...

The Oncology Institute (TOI) Q1 2025 Earnings Call May 14, 2025 05:00 PM ET Speaker0 Good afternoon, and welcome to the Oncology Institute's First Quarter twenty twenty five Earnings Conference Call. Today's call is being recorded, and we have allocated one hour for prepared remarks and Q and A. At this time, I'd like to turn the conference over to Mark Heplheiser, General Counsel at TOI. Thank you. You may begin. Speaker1 The press release announcing the Oncology Institute's results for the first quarter o ...