Varex Imaging (VREX) Q2 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 and welcome to the Verix Q2 Fiscal Year twenty twenty five 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 you to your host Chris Balfour, Director of Investor Relations. Thank you, Chris. You may begin. Speaker1 Good afternoon and welcome to Verix Imaging Corporatio ...

Serve Robotics (SERV) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Thank you for standing by, and welcome to Serve Robotics First Quarter twenty twenty five Earnings Conference Call. Please be advised that today's conference call is being recorded. I would now like to hand the conference to your host, Head of Communication and Investor Relations, Aduk Thawel. Please go ahead. Speaker1 Thank you, operator, and good afternoon, everyone. Welcome to Serv Robotics' first quarter twenty twenty five ear ...

Sprout Social (SPT) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Ladies and gentlemen, this is the operator. Today's call is scheduled to begin momentarily. Until that time, your lines will be placed on music hold. Thank you for your patience. Thank you for standing by. My name is Kate, and I will be your conference operator today. At this time, I would like to welcome everyone to the Sprout Social First Quarter twenty twenty five Earnings Call. All lines have been placed on mute to prevent any b ...

Turtle Beach (HEAR) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 and welcome to Turtle Beach Q1 twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mr. Jacques Courtenay, Investor Relations. Thank you, Mr. Courtenay. You may begin. Speaker1 Thank you, operator. On today's call, we ...

Peakstone Realty Trust (PKST) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Realty Trust First Quarter twenty twenty five Earnings Webcast Conference Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It Speaker1 is Speaker0 now my pleasure to introduce your host, Mr. Steve Sweth, Investor Relations. Please go ahead, sir. Speaker1 Good afternoon, and thank you for ...

Financial Data and Key Metrics Changes - Revenue for Q1 2025 was $332.1 million, a 10% increase year-over-year compared to $302 million in Q1 2024, but a decrease of 2.1% sequentially from $339.3 million in Q4 2024 [12][18] - GAAP net loss for Q1 2025 was $4.4 million, or a loss per share of $0.10, compared to net income of $14 million or $0.30 per diluted share in Q1 2024 [14] - Non-GAAP adjusted net income for Q1 2025 was $8.8 million, or $0.19 per diluted share, down from $13 million or $0.28 per diluted share in Q1 2024 [14] - EBITDA for Q1 2025 was $26.2 million, or 7.9% of revenue, compared to $48.3 million or 16% of revenue in the prior year period [15] Business Line Data and Key Metrics Changes - Automotive and industrial markets accounted for 42% of Q1 2025 product revenue, maintaining the same level as the previous quarter [7][19] - The computing segment represented 27% of product revenue, with ongoing design momentum in AI server and data center applications [18][25] - Consumer market revenue was 17%, while communication market revenue was 14% [19][27] Market Data and Key Metrics Changes - Asia represented 78% of revenue, Europe 13%, and North America 9% in Q1 2025, with improvements noted across all regions [18] - Channel inventory levels decreased, indicating a better alignment with actual demand [7][18] Company Strategy and Development Direction - The company announced a $100 million stock repurchase program, reflecting confidence in future growth prospects [10] - The hybrid manufacturing model allows the company to adapt to global customer needs and mitigate tariff impacts [10][28] - The focus remains on content expansion and gaining market share in the automotive sector as it recovers [20] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about growth prospects in 2025 and beyond, despite current economic uncertainties due to tariffs [29] - The company expects revenue for Q2 2025 to increase to approximately $355 million, representing 11% growth year-over-year [17] Other Important Information - Total inventory days at the end of Q1 2025 were approximately 187, down from 193 in the previous quarter [16] - Cash flow provided by operations was $56.7 million for Q1 2025, with free cash flow of $40.8 million [15] Q&A Session Summary Question: Demand pull forward due to inventory levels and tariffs - Management noted that while tariffs create uncertainty, they do not see significant demand pull forward, but rather an improvement in channel inventory and backlog [35][36] Question: Impact of tariffs on manufacturing strategy - The hybrid manufacturing model will continue to be a focus, with no changes to the strategy despite tariff issues [39][40] Question: AI CapEx trends and regional demand - Demand is strong in data center applications, particularly among hyperscalers, with positive trends in edge computing as well [44][46] Question: Gross margin catalysts and potential headwinds - Management expects margin improvement in the second half of the year, driven by increased revenue and improved product mix [48][52] Question: Normalization of distributor inventories - Current inventory levels are slightly above the target range of 11 to 14 weeks, but management is comfortable with the levels supporting expected growth [58]

Ouster (OUST) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Hello, and welcome to Alstair's First Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After today's presentation and remarks, there will be an opportunity to ask questions. The call today is being recorded, and a replay of the call will be available on the Ouster Investor Relations website an hour after the completion of this call. I'd now like to turn the conference ...

ZipRecruiter (ZIP) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good afternoon, and thank you for standing by. My name is John, and I will be your conference operator today. At this time, I would like to welcome everyone to the ZipRecruiter, Inc. First Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. I would now like to turn the conference over to Emili ...

ModivCare (MODV) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good day, everyone, and welcome to Motive Care's First Quarter twenty twenty five Financial Results 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 call is being recorded. Today's speaker will be Hugh Sampson, MotiveCare's President and Chief Executive Officer. Before we get started, I want to remind everyone that d ...

Toast (TOST) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good afternoon. My name is Tamika, and I will be your conference operator today. At this time, I would like to welcome everyone to the Toast First Quarter twenty twenty five Earnings Conference Call. Today's call will be forty five minutes. I will now turn the call over to Michael Sinnell, Senior Vice President of Finance. You may begin your conference. Speaker1 Thank you, Tamika, and welcome everybody to Toast's earnings conference call f ...