SoundHound AI (SOUN) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 and thank you for standing by. Welcome to the Soundhound 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 session. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Scott Smith, Head of Investor Relations. Please go ah ...

Financial Data and Key Metrics Changes - Revenue in Q1 2025 increased by 28.7% year over year, reaching $1.36 billion, while adjusted EBITDA was a record $15.6 million, a significant improvement from a loss of $20.1 million in the previous year [20][25][26] - Total transactions increased by 27.8%, with organic transactions up 7.3%, significantly outperforming the overall market, which saw a decline of 2.1% [4][21] - The company generated $19.5 million in free cash flow, marking a new record for Q1 and an improvement from $5.9 million in Q1 2024 [26] Business Line Data and Key Metrics Changes - The title and escrow business showed strong momentum, with attach rates up 695 basis points year over year [6] - Principal agent retention grew to 96.6%, reflecting the company's ability to retain talent in a competitive market [5] Market Data and Key Metrics Changes - Compass' market share increased to 6%, up 125 basis points year over year, indicating a strong competitive position [21] - Gross transaction value reached $52 billion, a 30.7% increase from the previous year, driven by a combination of increased transactions and a slight rise in average selling price [21] Company Strategy and Development Direction - The company aims to control organic operating expenses at a growth rate of 3% to 4% annually while expanding its market share through organic growth and M&A activities [14][15] - The acquisition of Christie's International Real Estate is expected to enhance the company's market position and provide access to new segments [6][24] - The three-phase marketing strategy is designed to empower agents and provide homeowners with more marketing choices, which is expected to drive future growth [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to outpace the market despite recent volatility due to external factors such as tariff discussions [20][36] - The company anticipates continued growth in transactions and market share, driven by its strong agent recruitment and retention strategies [5][60] Other Important Information - The company ended Q1 with $127 million in cash and cash equivalents, with $50 million drawn on its revolver to fund acquisitions [27] - The guidance for Q2 2025 includes expected revenue in the range of $2 billion to $2.15 billion and adjusted EBITDA between $115 million and $135 million [28] Q&A Session Summary Question: What was revenue growth tracking ahead of the disruption in March? - Management indicated that revenue growth was tracking close to the midpoint of guidance before the March volatility, with April tracking expectations [40][41] Question: What is the latest with NAR's clear cooperation policy? - Management confirmed that the three-phase marketing strategy remains intact under the current rules, emphasizing homeowner choice [48][50] Question: How is the company addressing agent recruitment post-NAR changes? - Management noted that the demand for the three-phase marketing strategy continues to resonate with agents, particularly in the luxury segment [56][60] Question: What are the churn trends in the quarter? - Churn was in line with historical levels, with no significant changes noted, and the company added agents instead of experiencing churn [72][73] Question: How is the private exclusive listings strategy performing? - The majority of transactions that close as private exclusives are co-brokered with agents from other firms, indicating a collaborative approach [77][78] Question: How is the company thinking about market share in the context of M&A? - Management expressed optimism about continued market share gains through both organic growth and acquisitions, with a focus on top-performing agents [91][92]

TKO Group Holdings (TKO) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good afternoon. Thank you for attending today's TKO Q1 twenty twenty five Earnings Call. My name is Cole, and I'll be the moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. I'd now like to hand it over to Seth Zaslow, Head of Investor Relations. Please go ahead. Speaker1 Good afternoon, and welcome to TKO's first quarter twent ...

FIGS (FIGS) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good afternoon. Thank you for attending today's FIG's First Quarter Fiscal twenty twenty five Earnings Conference Call. My name is Jaylen, I'll be your moderator for today. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. I'd now like to turn the conference over to our host, Tom Shaw, the Senior Vice President of Investor Relations. Tom, you may proceed. Speaker1 G ...

Cloudflare (NET) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good afternoon. My name is Aaron, and I will be your conference operator for today. At this time, I would like to welcome everyone to the Cloudflare Q1 twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. And after the speakers' remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your ...

Ingram Micro (INGM) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Thank you, operator. I'm here today with Paul Bay, Ingram Micro's CEO and Mike Silas, our CFO. Before I turn the call over to Paul, let me remind you that today's discussion contains forward looking statements within the meaning of the federal securities laws, including predictions, estimates, projections or other statements about future events, statements about our strategy, demand plans and positioning, growth, cash flow, capital ...

Entravision Communications (EVC) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Greetings, and welcome to the Intravision First Quarter twenty twenty five Earnings Conference Call. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Roynier. Please go ahead. Speaker1 Good afternoon everyone and welcome to Entravision's first quarter twenty twenty five earnings call. I am Roy Near, Vice President of Financial Reporting and Investor Relations. Joining me to ...

Sweetgreen (SG) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Thank you for standing by. My name is Tina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Sweetgreen Incorporated First Quarter twenty twenty five Earnings 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. We respectfully ask that you keep your questions to one. Press 1 again. Thank you. ...

Cantaloupe (CTLP) Q3 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Please be advised that today's conference is being recorded. I would now like to hand the conference over to Meghna Mera, Investor Relations. Please go ahead. Speaker1 Thank you. Good afternoon, everyone. Welcome to the Cantaloupe third quarter earnings conference call. With me on the call today is Ravi Venkatesan, Chief Executive Officer and Scott Stewart, Chief Financial Officer. Before we begin today's call, we would like to remind ...

Arlo (ARLO) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen only mode. Later, we will conduct a question and answer session. I would now like to turn the conference over to Tom Endclark. Please go ahead, sir. Speaker1 Thank you, operator. Good afternoon, and welcome to Arlo Technologies First Quarter twenty twenty five Financial Results Conference Call. Joining us from the company are Mr. Matthew McCray, ...