Upwork (UPWK) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Speaker0 Good day, thank you for standing by. Welcome to Upwork's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer Please be advised today's conference is being recorded. I would now like to hand the conference over to your speaker today, Samuel Meehan, Vice President of Investor Relations. Please go ahead. Spea ...

Navitas Semiconductor (NVTS) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Speaker0 Good afternoon. Thank you for standing by, and welcome to Nepitas Semiconductor First Quarter twenty twenty five Financial Results Conference Call. Please be advised today's conference is being recorded and a replay will be available on Navitas Investor Relations website. I would now like to hand the conference over to Lori Barker, Investor Relations. Please go ahead. Speaker1 Good afternoon, everyone. I'm Lori Barker, Inve ...

Palantir (PLTR) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Speaker0 Afternoon. I'm Anna Sorrow from Palantir's finance team, and I'd like to welcome you to our first quarter twenty twenty five earnings call. We'll be discussing the results announced in our press release issued after the market closed and posted on our Investor Relations website. During the call, we will make statements regarding our business that may be considered forward looking within applicable securities laws, including statements r ...

Financial Data and Key Metrics Changes - First quarter revenue was $682 million, up 13% year over year, with growth in both segments [21] - Adjusted EBITDA was $130 million, also up 13% year over year, driven by robust growth in government operations [21] - Adjusted earnings per share increased to $0.91, a 20% rise compared to $0.76 last year [22] Business Line Data and Key Metrics Changes - Government operations saw a revenue increase of 14%, driven by naval propulsion and special materials [24] - Commercial operations revenue was $128 million, up 10% year over year, led by growth in medical and commercial power [25] - Adjusted EBITDA margin for government operations was 21.1%, while commercial operations saw a margin of 10.9%, down 100 basis points due to unfavorable mix and cost absorption [26] Market Data and Key Metrics Changes - The commercial operations backlog reached a record $1.3 billion, up 39% from the previous quarter and 78% year over year [15] - The Canadian Nuclear Safety Commission authorized the construction of the first BWRX 300 unit, marking a significant milestone for North America's first SMR project [16] Company Strategy and Development Direction - The company is focused on expanding its nuclear services portfolio and enhancing its manufacturing capacity in North America [7][17] - BWXT is positioned to benefit from long-term investments in nuclear technologies driven by decarbonization and increasing electricity demand [5][6] - The company is actively pursuing opportunities in government contracts, particularly in energy security and environmental restoration projects [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to weather macroeconomic disruptions due to long-cycle contracts and a strong balance sheet [8] - The administration's focus on naval nuclear fleet and nuclear modernization is expected to support a revenue CAGR of 3% to 5% in the government operations segment [11] - The market for nuclear medicine is anticipated to grow significantly, driven by increasing volumes of SPECT and PET scanning procedures [20] Other Important Information - Free cash flow for the quarter was $17 million, with capital expenditures at $33 million, or 4.9% of sales [21][23] - The company expects full-year free cash flow to be between $265 million and $285 million [23] Q&A Session Summary Question: Were the negative EACs all at government operations? - The negative EACs were about half from commercial operations and half from government operations, with specific impacts noted in the fuel business [32][33] Question: Do you see BWXT as in line to get any of the funding from the recent appropriations? - There is optimism regarding potential funding from the reconciliation bill, particularly for domestic defense enrichment and DoD nuclear reactors [36][42] Question: Can you provide an update on the Actinium-225 effort? - The company remains the largest commercial producer of Actinium-225 and is exploring multiple production modalities [98] Question: What is the status of the enrichment contract and pilot program? - The pilot program is in the conceptual stage, focusing on designing a pilot plant for centrifuge-type enrichment technology [62][63] Question: How is the company managing the zirconium cost impact? - The company has strong relationships with customers that allow for a path through mechanism to mitigate unforeseen risks related to raw material costs [89]

Trueblue (TBI) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Speaker0 Greetings, and welcome to the TrueBlue 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. As a reminder, this conference is being recorded. At this time, I want to remind everyone that today's call and slide presentation contain forward looking statements, all of which are subject to risks and uncertainties, and manag ...

Ethan Allen Interiors (ETD) Q3 2025 Earnings Call May 05, 2025 05:00 PM ET Speaker0 Good afternoon, and welcome to the Ethan Allen Fiscal twenty twenty five Third Quarter Analyst Conference 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. It is now my pleasure to introduce your host, Matt McNulty, Senior Vice President, Chief Financial Officer and Treasurer. Thank you. You may beg ...

Playstudios (MYPS) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Speaker0 and welcome to PlayStudio's 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 your host, Jason Hahn, Chief Strategy Officer and Head of Investor Relations. Thank you, sir. You may begin. Speaker1 Thank you, operator. Good aftern ...

Digimarc (DMRC) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Speaker0 Greetings, and welcome to the Digimarc Q1 twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce George Caramanos. Please go ahead. Speaker1 Thank you. Welcome to our Q1 conference call. Riley McCormick, our CEO and Charles Beck, our CFO, a ...

Financial Data and Key Metrics Changes - First quarter revenue reached approximately $284 million, marking a 7% increase compared to Q1 2024 [22] - Adjusted EBITDA improved by $3.3 million to $29.1 million, with an adjusted EBITDA margin expanding by 50 basis points to 10.3% [22] - Adjusted net income for the quarter was $14.2 million, consistent with the previous year [28] Business Line Data and Key Metrics Changes - Executive Search revenue grew 6% to $213 million, with adjusted EBITDA of $52.3 million and an adjusted EBITDA margin of 24.5% [25][26] - On Demand Talent revenue increased 12% to $43 million, achieving adjusted EBITDA of $400,000 compared to a loss of $900,000 in the prior year [26] - Heidrick Consulting saw organic revenue increase 7% year over year to $28 million, but recorded an adjusted EBITDA loss of $2.1 million [27] Market Data and Key Metrics Changes - Revenue increases in Executive Search were noted across regions: 6% in The Americas, 9% in Europe, and 1% in APAC [25] - European performance was strong across various sectors, including technology, financial services, and industrials [62] Company Strategy and Development Direction - The company aims to be the most trusted leadership partner for the C-suite and board, focusing on leadership talent [12] - There is a commitment to grow executive search and assessment capabilities, which are seen as cornerstones of the enterprise [13] - The strategy includes staying close to clients and adapting to their changing needs, particularly in times of economic uncertainty [10][11] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the current tumultuous operating environment but emphasized strong results and resilience [4][5] - There is a recognition that client caution may affect decision-making in the second half of the year [8] - The company remains confident in its ability to navigate the evolving landscape and drive long-term value for shareholders [30] Other Important Information - The company ended the first quarter with a strong cash position of $325 million, up from $253 million in March 2024 [28] - The second quarter revenue is expected to be within the range of $285 million to $305 million, compared to $279 million in Q2 2024 [29] Q&A Session Summary Question: Insights on past disruptions and their relevance to current circumstances - Management noted that while segments may slow during economic distress, they are not currently seeing this impact [35] - They highlighted the importance of their business attributes, such as no debt and a diversified business mix, in weathering economic storms [36][38] Question: Thoughts on cash usage and acquisition pipeline - Management indicated that cash flow is being managed to pay out earn-out payments from past acquisitions, while also prioritizing organic investments [40][41] Question: Trends in M&A activity and its impact on client demand - M&A activity creates opportunities for the company to engage with clients on leadership and cultural integration [45][46] Question: Profitability expectations for Heidrick Consulting and On Demand Talent - Management expects both segments to move towards profitability, with long-term guidance remaining intact [68] Question: Demand trends among different end markets, particularly financial services - Demand has been broad-based across sectors, with financial services performing well [73]

Adeia (ADEA) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Speaker0 Good day, everyone. Thank you for standing by. Welcome to Adia's first quarter twenty twenty five earnings conference call. During today's presentation, all parties will be in a listen only mode. Following the presentation, the call will be opened for questions. I would now like to turn the call over to Chris Chaney, Vice President and Investor Relations for Audio. Chris, please go ahead. Speaker1 Good afternoon, everyone. Thank you for jo ...