Toast (TOST) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Michael Senno - Senior VP of Finance & Strategy, Treasury and Investor RelationsAman Narang - Co-Founder, CEO & DirectorElena Gomez - President & CFOTimothy Chiodo - Managing DirectorDarrin Peller - Managing DirectorDominic Ball - VP - Equity ResearchRayna Kumar - Managing Director - Fintech Equity ResearchAndrew Bauch - Director - Equity ResearchJeremy Sahler - Software Equity Research Conference Call Participants Stephen Shel ...

News (NWS) Q3 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Michael Florin - Senior VP & Head of Investor RelationsRobert Thomson - Chief Executive OfficerLavanya Chandrashekar - CFOEntcho Raykovski - Executive Director, Media & TelcoAlan Gould - Managing DirectorEvan Karatzas - Director Conference Call Participants Kane Hannan - AnalystDavid Joyce - Senior Equity Analyst - Media SectorCraig Huber - Equity Research Analyst Operator Welcome to the News Corp's Third Quarter Fiscal twenty tw ...

Affirm (AFRM) Q3 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Zane Keller - Director, Investor RelationsMax Levchin - Founder and CEORob O’Hare - CFOAdam Frisch - Senior Managing Director - EquitiesRamsey El-Assal - Managing DirectorWill Nance - Vice PresidentJames Faucette - Managing DirectorMatthew O'Neill - Managing DirectorKyle Peterson - Managing Director, Equity ResearchMichael Linford - COOGiuliano Bologna - Managing DirectorReggie Smith - Executive Director - Equity Research Conf ...

Cloudflare (NET) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Phil Winslow - Vice President of Strategic Finance, Treasury, & Investor RelationsMatthew Prince - Co-Founder & CEOThomas Seifert - CFOMatthew Hedberg - Managing Director, Software ResearchJoel Fishbein - Managing DirectorMark Murphy - Executive DirectorShaul Eyal - Managing Director - Equity ResearchAdam Borg - Managing Director - Equity Research Conference Call Participants Andrew Nowinski - AnalystKeith Weiss - Equity An ...

LPL Financial (LPLA) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Rich Steinmeier - CEOMatt Audette - President & CFODevin Ryan - Director of Financial Technology ResearchSteven Chubak - Managing DirectorChristopher O'Brien - Equity Research AVP - Brokers, Exchanges, & Asset Managers Conference Call Participants Michael Cyprys - AnalystAlex Blostein - AnalystDan Fannon - Managing Director - Research AnalystMichael Brown - Equity Research AnalystWilliam Katz - Senior Equity AnalystJeff ...

TKO Group Holdings (TKO) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Seth Zaslow - Senior VP & Head of Investor RelationsAriel Emanuel - Executive Chair, CEO & DirectorAndrew Schleimer - Chief Financial OfficerBenjamin Swinburne - Head of U.S Media ResearchMark Shapiro - COO, President & DirectorRyan Gravett - Equity ResearchNick Khan - Director Conference Call Participants Brandon Ross - Partner, Media & Technology AnalystStephen Laszczyk - AnalystPeter Supino - MD & Senior Analyst ...

Financial Data and Key Metrics Changes - Reported net sales for Q1 2025 were $1,850 million, a decrease of 2.3% compared to $1,900 million in Q1 2024 [9] - Gross profit as a percentage of net sales increased to 56.5% in Q1 2025 from 54.1% in Q1 2024, driven by pricing actions and supply chain optimization [9] - Operating income for Q1 2025 increased by 5.1% to $569.7 million from $542 million in Q1 2024 [10] - Net income for Q1 2025 was $443 million, slightly up from $442 million in Q1 2024 [11] - Diluted earnings per share increased by 7.4% to $0.45 in Q1 2025 from $0.42 in Q1 2024 [11] Business Line Data and Key Metrics Changes - Sales of Monster energy drink increased by 8.7% in the thirteen-week period ending April 26, 2025 [14] - Sales of Reign decreased by 9.9%, while NOS increased by 0.8% and Full Throttle decreased by 1.5% [14] - The Alcohol Brands segment saw net sales of $34.7 million in Q1 2025, a decrease of approximately 38.1% compared to the previous year [34] Market Data and Key Metrics Changes - In the U.S., the energy drink category grew by 10% in the thirteen weeks ending April 26, 2025 [6] - In EMEA, the energy drink category grew by approximately 13.7% on an FX neutral basis [7] - In APAC, the energy drink category grew by approximately 13.6% on an FX neutral basis [8] - In Latin America, the energy drink category grew by approximately 15.7% on an FX neutral basis [8] Company Strategy and Development Direction - The company is focused on expanding its presence in non-Nielsen measured channels and optimizing its supply chain [41][42] - Plans for further innovation in the Monster Brewing portfolio and the rollout of Predator and Fury brands in international markets are underway [43][44] - The company is exploring opportunities for its alcohol products in certain international jurisdictions [43] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the long-term prospects for the Monster brand, particularly in China and India [31][38] - The energy category continues to grow globally, with increasing household penetration and per capita consumption [41] - Management noted that April 2025 sales were approximately 16.7% higher than the comparable April 2024 sales [39] Other Important Information - The effective tax rate for Q1 2025 was 23.4%, slightly down from 23.5% in Q1 2024 [11] - The company has approximately $500 million remaining for stock repurchase under the previously authorized program [38] - Management indicated that the tariff landscape is complicated but does not expect current tariffs to have a material impact on operating results [13] Q&A Session Summary Question: Impact of supply chain optimization on Q1 numbers - Management acknowledged that Q1 was impacted by bottler distributor ordering patterns and significant closure days of distribution centers [50] Question: Macro impact on retail sales trends - Management noted that consumer demand remains strong, with positive trends in retail takeaway reflected in Nielsen numbers [55][56] Question: Future gross margin expectations - Management indicated that while Q1 margins were strong, they do not expect the same level of margin in Q2 due to rising costs [65] Question: Top line sales versus internal expectations - Management confirmed that there was more innovation in Q1 than in Q2, with some shipment timing impacts to consider [69] Question: Pricing dynamics and market share satisfaction - Management stated that pricing decisions are based on various factors and emphasized the importance of regaining market share [76][77]

Financial Data and Key Metrics Changes - Q1 revenue reached $616 million, representing a 25% year-over-year increase [48] - Adjusted EBITDA for the quarter was $208 million, reflecting a 34% margin [48] - Adjusted net income was $165 million, or $0.33 per fully diluted share [52] - Free cash flow was $230 million in Q1 [52] Business Line Data and Key Metrics Changes - CTV (Connected TV) remains the largest and fastest-growing advertising channel, representing a high 40s percentage share of the business [49] - Mobile accounted for a mid-30s percentage share of spend, while display represented a low double-digit share and audio around 5% [49] - The adoption of the Kokai platform accelerated, with about two-thirds of clients now using it, ahead of schedule [62] Market Data and Key Metrics Changes - North America represented approximately 88% of spend, while international markets accounted for about 12% [49] - International growth outpaced North America for the ninth consecutive quarter, particularly driven by CTV [50] Company Strategy and Development Direction - The company aims to capture market share in a more competitive landscape, especially as walled gardens face increased scrutiny [12][19] - The focus is on enhancing the supply chain through innovations like OpenPath and the acquisition of Sincerra [24][29] - The company is optimistic about the future of the open Internet and believes it is well-positioned to benefit from recent antitrust developments against competitors like Google [42] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate macroeconomic uncertainties and continue to grow [54] - The company anticipates revenue of at least $682 million in Q2, reflecting a 17% year-over-year growth [55] - Management highlighted the importance of being a trusted partner for clients during uncertain times [78] Other Important Information - The company has no debt and ended the quarter with approximately $1.7 billion in cash and short-term investments [52] - A new COO, Vivek Tundra, has been appointed to help drive growth [40] Q&A Session Summary Question: Can you elaborate on the progress from product and go-to-market changes? - Management noted that Q1 was strong, with significant upgrades contributing to performance and Kokai adoption accelerating [60][62] Question: What are the implications of the Google trial verdict for DSPs? - Management believes the verdict will lead to a fairer market, allowing the company to compete more effectively [72][73] Question: How does the company view Q2 guidance amid uncertainty? - Management remains optimistic about growth opportunities and the ability to support clients through strategic consulting [78][80] Question: How is the competitive landscape evolving, particularly with Amazon? - Management sees Amazon's focus on Prime Video as a limitation and believes the company can capture market share by aligning interests with buyers [85][90] Question: What progress is being made with OpenPath? - Management highlighted the positive developments and new partnerships through OpenPath, despite the current uncertainty in the upfront market [93]

Adtalem Global Education (ATGE) Q3 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Jay Spitzer - Vice President & Investor RelationsSteve Beard - Chairman & CEOBob Phelan - Senior Vice President and Chief Financial OfficerJack Slevin - VP - Healthcare Services Equity ResearchAlex Paris - President & Senior MD Conference Call Participants Jeffrey Silber - Senior AnalystSteven Pawlak - Equity Research Analyst Operator Greetings, and welcome to the Adtalem Global Education Third Quarter twenty ...

Yelp (YELP) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Kate Krieger - Director of Investor RelationsJeremy Stoppelman - Co-Founder, CEO & DirectorDavid Schwarzbach - CFOSergio Segura - Vice PresidentJed Nachman - COONitin Bansal - Vice President Conference Call Participants Cal Bartyzal - Equity Research AnalystNone - Analyst Operator Hello, and welcome to Yelp's First Quarter twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After ...