Nutex Health (NUTX) Q1 2025 Earnings Call May 14, 2025 10:30 AM ET Company Participants Jennifer Rodriguez - Investor & Public Relations ManagerTom Vo - CEO & Chairman of The BoardJon Bates - Chief Financial OfficerWarren Hosseinion - President & DirectorJoshua DeTillio - Chief Operating OfficerBill Sutherland - Director of ResearchThomas McGovern - Equity Research AssociateJoshua Cohen - Managing Partner Conference Call Participants Gene Mannheimer - Managing Director, Senior Research Analyst Operator Gree ...

Financial Data and Key Metrics Changes - Total revenues for Q1 2025 were $12.7 million, a 13.8% increase from $11.2 million in the same period last year, primarily driven by strong defense program product shipments [11] - Gross margins for Q1 2025 were 42.5%, a decrease of 20 basis points from 42.7% in Q1 2024, attributed to higher manufacturing costs from initial production runs of new products [11] - Net income was $1.6 million or $0.56 per diluted share in Q1 2025, compared to $1.5 million or $0.53 per diluted share in Q1 2024 [12] - Adjusted EBITDA was $2.5 million in Q1 2025, up from $2.3 million in Q1 2024, mainly due to higher revenues [12] - Backlog increased to $55.5 million as of March 31, 2025, compared to $47.2 million as of December 31, 2024, and $46.1 million as of March 31, 2024, reflecting strong demand for products [13] Business Line Data and Key Metrics Changes - The company reported continued strength in sales driven by defense-related orders and growth in the commercial avionics market [7] - New product shipments, including space products and oscillators, were noted, with expectations for improved yields and margins as production stabilizes [28][34] Market Data and Key Metrics Changes - The defense budget is expected to increase by $150 billion through a reconciliation process, with significant investments in next-gen aircraft, shipbuilding, and precision-guided munitions, which will require RF subsystems and components [10] - The company has seen no disruption in business despite the initial impact of federal tariffs on imports, and demand for products remains strong [15] Company Strategy and Development Direction - The company is focused on strategic investments in research and development, enhancing its market profile through rebranding and advertising [8] - There is a strong emphasis on moving into program business, which constitutes a significant portion of aerospace and defense revenues, with over 40 programs of record [19] - The company is pursuing complementary acquisitions and strategic partnerships to strengthen its financial performance and customer base [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued revenue growth throughout the year, supported by a favorable defense budget and strong order backlog [10][21] - The company is well-positioned to adapt to changes in military procurement focus and to capitalize on the growing need for RF components [10] Other Important Information - The company distributed warrants to stockholders, which are exercisable to purchase common stock at an exercise price of $47.5 per share [17] - An annual meeting is scheduled for June 10, 2025, at the Harvard Club in New York City, open to all shareholders [22] Q&A Session Summary Question: How will gross margins develop with new programs? - Management indicated that gross margins were impacted by product mix and initial production inefficiencies, but improvements are expected as production stabilizes [26][28] Question: Are new programs higher margin? - Yes, new programs are expected to have strong margins, but initial production runs may be less efficient [30][34] Question: What does the pipeline look like for large deals? - The company has a strong pipeline for the year, with expectations for significant bookings in missile programs and avionics [35]

Everus Construction (ECG) Q1 2025 Earnings Call May 14, 2025 10:30 AM ET Company Participants Paul Bartolai - Partner - Investor Relations PracticeJeffrey Thiede - President & CEOMaximillian Marcy - Vice President, Chief Financial Officer and TreasurerIan Zaffino - Managing DirectorQuinten Helmer - Equity Research AssociateChris Senyek - Chief Investment Strategist Conference Call Participants Brent Thielman - MD & Senior Research Analyst Operator Thank you for standing by. My name is Ian, and I will be you ...

Everus Construction (ECG) Q1 2025 Earnings Call May 14, 2025 10:30 AM ET Company Participants Paul Bartolai - Partner - Investor Relations PracticeJeffrey Thiede - President & CEOMaximillian Marcy - Vice President, Chief Financial Officer and TreasurerIan Zaffino - Managing DirectorQuinten Helmer - Equity Research AssociateChris Senyek - Chief Investment Strategist Conference Call Participants Brent Thielman - MD & Senior Research Analyst Operator Thank you for standing by. My name is Ian, and I will be you ...

Nutex Health (NUTX) Q1 2025 Earnings Call May 14, 2025 10:30 AM ET Speaker0 Greetings. Welcome to Newtek South First Quarter twenty twenty five Financial Results Conference Call. At this time, all participants are in listen only mode. A question and answer session will follow the formal presentation. Please note, conference is being recorded. At this time, I'll turn the floor over to your host, Jennifer Rodriguez, Investor Relations for Newtek. Jennifer, you may begin. Speaker1 Good morning, everyone, and w ...

Financial Data and Key Metrics Changes - Total revenues for Q1 2025 were $12.7 million, a 13.8% increase from $11.2 million in the same period last year, driven primarily by strong defense program product shipments [11] - Gross margins for Q1 2025 were 42.5%, a decrease of 20 basis points from 42.7% in Q1 2024, attributed to higher manufacturing costs from initial production runs of new products [11] - Net income was $1.6 million or $0.56 per diluted share in Q1 2025, compared to $1.5 million or $0.53 per diluted share in Q1 2024 [12] - Adjusted EBITDA was $2.5 million in Q1 2025, up from $2.3 million in Q1 2024, primarily due to higher revenues [12] - Backlog increased to $55.5 million as of March 31, 2025, compared to $47.2 million as of December 31, 2024, and $46.1 million as of March 31, 2024, reflecting strong demand for products [13] Business Line Data and Key Metrics Changes - The company reported continued strength in sales driven by defense-related orders, with growth also noted in the commercial avionics market [7] - The initial impact of federal tariffs on imports was observed, affecting manufacturing costs, but demand for products remained unaffected [14] Market Data and Key Metrics Changes - The defense budget is expected to increase by $150 billion through a reconciliation process, with significant investments in next-gen aircraft, shipbuilding, and precision-guided munitions, which will require RF subsystems and components [10] - The company is well-positioned to benefit from anticipated changes in military procurement focus due to the growing need for its products [10] Company Strategy and Development Direction - The company is focusing on strategic investments in research and development and enhancing its market profile through rebranding and advertising initiatives [8] - There is a strong emphasis on moving into more program business, which constitutes a significant portion of aerospace and defense revenues [18] - The company is pursuing complementary acquisitions and strategic partnerships to strengthen its financial performance and customer base [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued revenue growth throughout the year, supported by the resolution of labor disputes at Boeing and expected increases in orders from major airframe manufacturers [7] - The company has not experienced disruptions in business due to the defense market's choppiness and anticipates improved yields and margins as new products ramp up [24][26] Other Important Information - The company distributed warrants to stockholders, which are exercisable to purchase common stock at an exercise price of $47.5 per share [16] - The annual meeting is scheduled for June 10, 2025, at the Harvard Club in New York City, open to all shareholders [22] Q&A Session Summary Question: How will gross margins develop with new large contract wins? - Management indicated that gross margins were impacted by product mix and initial production inefficiencies, but improvements are expected as new products ramp up [24][25] Question: Are the new programs expected to have higher margins? - Yes, the new programs are expected to be higher margin products, but initial production runs may affect margins temporarily [32] Question: What does the pipeline look like for large deals? - The company has a strong pipeline for the year, with expectations for significant bookings in missile programs and avionic space [34]

Financial Data and Key Metrics Changes - The company's first quarter revenue increased by 32% year-over-year, reaching $826.6 million, driven primarily by a 47% increase in the Electrical and Mechanical (E and M) segment [18][7] - Total EBITDA for the first quarter was $61.8 million, also reflecting a 32% increase from the previous year, with an EBITDA margin of 7.5%, consistent with the prior year [18][19] - The total backlog at the end of the first quarter was $3.1 billion, up 10% from the end of the previous year and up 41% from the same period last year [19][9] Business Line Data and Key Metrics Changes - E and M revenue increased to $648.2 million, a 47% rise compared to $441 million in the prior year, with E and M EBITDA growing by 51% to $49.5 million [20][18] - Transmission and Distribution (T and D) revenue slightly declined by 2% to $185 million due to weather-related delays, but T and D EBITDA increased by 5.8% to $20.1 million [21][18] Market Data and Key Metrics Changes - The E and M backlog increased by 46% year-over-year, driven by growth in key submarkets such as data centers, manufacturing, government, and hospitality [9][19] - T and D backlog grew by 8% year-over-year, indicating solid demand despite the revenue decline [19] Company Strategy and Development Direction - The company is focused on its "forever strategy," which emphasizes attracting and retaining talent, delivering high-quality execution, and maintaining customer relationships [13][14] - A significant portion of the capital expenditure in the first quarter was allocated to purchasing a new prefabrication facility in Kansas City, expanding the total footprint by approximately 128,000 square feet [15][23] - The company aims for organic revenue growth of 5% to 7% and EBITDA growth of 7% to 9% on a compound annual basis [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating macroeconomic uncertainties and highlighted strong demand trends in key markets, particularly in data centers and high-tech reshoring [10][11] - The company is optimistic about its ability to grow backlog based on favorable demand trends and strong customer relationships [13][12] Other Important Information - The company is actively monitoring tariff impacts and has implemented strategies to mitigate risks associated with price increases [58] - The first quarter's capital expenditures were $18.5 million, up from $9.2 million in the same period last year, reflecting a commitment to support organic growth [23][18] Q&A Session Summary Question: Outlook on larger projects and revenue timing - Management indicated that the backlog could be bumpy due to the nature of large projects, which often have longer lead times [30] Question: Transmission and Distribution segment outlook - Management noted strong demand for T and D services and highlighted expertise in undergrounding as a growth opportunity [33] Question: Status of high-tech manufacturing market - Management confirmed ongoing strong relationships with semiconductor manufacturers and expressed confidence in continued support for these customers [37] Question: Non-backlog business outlook - Management emphasized the importance of non-backlog work and resource allocation to ensure effective project execution [40][42] Question: Hospitality market status - Management reported an increase in backlog in Las Vegas and expressed confidence in capturing future opportunities in the hospitality sector [46] Question: Pharmaceutical manufacturing opportunities - Management acknowledged the potential for growth in the pharmaceutical manufacturing market and indicated plans for geographic expansion [50] Question: Impact of tariffs on business - Management discussed proactive measures to mitigate tariff risks and secure pricing with suppliers [58] Question: Corporate costs and future expectations - Management indicated that corporate costs may increase slightly as the company stands up departments, but overall costs remain in line with expectations [61]

Tower Semiconductor (TSEM) Q1 2025 Earnings Call May 14, 2025 10:00 AM ET Company Participants Noit Levy - Senior Vice President of Investor Relations & Corporate CommunicationsRussell Ellwanger - CEOOren Shirazi - CFO & Senior VP of FinanceMatthew Bryson - MD - Equity Research Conference Call Participants Cody Acree - Equity Research AnalystRichard Shannon - Senior Research AnalystLisa Thompson - Senior Analyst Operator Good day, and thank you for standing by. Welcome to the Tower Semiconductor First Quart ...

Tower Semiconductor (TSEM) Q1 2025 Earnings Call May 14, 2025 10:00 AM ET Company Participants Noit Levy - Senior Vice President of Investor Relations & Corporate CommunicationsRussell Ellwanger - CEOOren Shirazi - CFO & Senior VP of FinanceMatthew Bryson - MD - Equity Research Conference Call Participants Cody Acree - Equity Research AnalystRichard Shannon - Senior Research AnalystLisa Thompson - Senior Analyst Operator Good day, and thank you for standing by. Welcome to the Tower Semiconductor First Quart ...

SuperCom (SPCB) Q1 2025 Earnings Call May 14, 2025 10:00 AM ET Company Participants Ordan Trabelsi - President and CEO Conference Call Participants Matthew Galinko - SVP & Senior Research AnalystNone - Analyst Operator Ladies and gentlemen, good morning, and welcome to Supercom's First Quarter twenty twenty five Financial Results and Corporate Update Conference Call. At this time, all participants are in a listen only mode. Participants of this call are advised that the audio of this conference call is bein ...