Latest news with #Regis
Yahoo
29-05-2025
- Business
- Yahoo
Ooma Inc (OOMA) Q1 2026 Earnings Call Highlights: Strong Revenue Growth and Strategic ...
Release Date: May 28, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Ooma Inc (NYSE:OOMA) reported solid Q1 financial results with $65 million in revenue, exceeding the high end of their guidance range. The company achieved a 4% year-over-year revenue growth, driven by strong performance in their cloud communications and business subscription services. Ooma Inc (NYSE:OOMA) successfully launched AirDial with Comcast, expanding their reach to large companies and government entities. The company saw a significant increase in new reseller partners for AirDial, now exceeding 30 partners, indicating strong market acceptance. Ooma Inc (NYSE:OOMA) reported a 56% growth in non-GAAP net income over the prior year quarter, showcasing improved profitability. The overall results were slightly dampened by expected right-sizing at their largest customer, Regis, which has now been fully realized. Residential subscription and services revenue declined by 2% year-over-year, indicating challenges in that segment. The sequential decline in total core users was primarily due to seat reductions with IWG, impacting user growth metrics. Product and other gross margin for the first quarter was 41%, down from 67% in the same period last year, due to higher cost components. Despite strong growth in certain areas, the company did not change its fiscal 2026 outlook, indicating cautious optimism about future growth. Warning! GuruFocus has detected 2 Warning Signs with OOMA. Q: What contributed to the 1% increase in Net Revenue Retention (NRR) this quarter, and can we expect NRR to stay at around 99% or above going forward with IWG fully realized with their seat term? A: The retention rate improvement was largely due to the improvement in non-Regis subscription revenue, particularly in traditional UCaaS solutions and residential solutions. This offset the anticipated decline from Regis. We expect to maintain a 99% retention rate, which was our rate prior to the Regis churn experienced in the last couple of quarters. (CFO) Q: What are you seeing in the demand environment in Q1 and recent months? A: The demand environment has been steady without significant improvement or deterioration. However, for Ooma AirDial, demand is accelerating as more companies realize the need to act due to rising prices. (CEO) Q: With demand for AirDial accelerating, is there any change to visibility on when adoption will ramp in terms of revenue dollars and larger scale implementations? A: We have opportunities greater in size than we've won in the past, and our relationship with Comcast is still in early days. It will take time to move through the sales cycle with larger accounts, but we are optimistic about the early opportunities we're seeing. (CEO) Q: Have tariffs impacted your subscriber base or sales cycle for new logos in your UCaaS business? A: We haven't observed any effect on our customer base or sales opportunities driven by tariffs. Sequentially versus Q4, we saw an uptick in the number of accounts and users won in Q1, indicating no tariff-related issues. (CEO) Q: Can you provide insights into the productivity of your AirDial partners, especially those from a year ago? A: We are pleased with our largest relationships, such as T-Mobile, US Cellular, and Comcast. All partners, regardless of size, are contributing. We have a medium-sized CLEC with potential for 100,000 users that has started rolling out AirDial. We remain conservative in forecasts until developments are confirmed. (CEO) Q: How is the hospitality segment performing, and what opportunities do you see there? A: We target winning 50 to 100 hotels a quarter, and with the Marriott relationship solidified, we aim to leverage our certification with Marriott Properties. The hospitality segment offers extensive opportunities, and we expect to continue capitalizing on it. (CEO) Q: What are your plans for integrating Ooma apps into 2,600 Hz, and when will it be completed? A: We aim to complete integration by the end of this year. The process involves enabling capabilities across shared hosted, private cloud, and global infrastructure. We've already launched our mobile and desktop apps for some customers. (CEO) Q: Can you quantify the number of lines that churned at Regis over the last two quarters? A: Approximately 12,000 to 13,000 lines churned over the last two quarters, with a total of about 19,000 to 20,000 lines churned over the last fiscal year. This aligns with our expectations from a year ago. (CFO) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Fox News
27-05-2025
- Entertainment
- Fox News
Kathie Lee Gifford uncovers secret to thriving in her 70s
Kathie Lee Gifford reflected on how she is embracing life in her 70s. The 71-year-old former "Live with Regis and Kathie Lee" host serves as an ambassador for QVC's Quintessential 50, which is "a collective of inspiring women over 50 who show that life only gets better with age," according to a press release for the shopping network. On May 14, Gifford attended QVC's TikTok Super Brand Day, an event that marked the second year of QVC's Age of Possibility platform. During an interview with Fox News Digital at the event, Gifford shared her thoughts on what the Age of Possibility meant to her. "Maybe something different than it is to a lot of women who think 'Are there any possibilities left for me?'" Gifford said. "And they have a sense of despair — some of them — a little sense of well, 'What am I here for anymore?'" she continued. "But I've always had purpose in my life. I've been solid and just steadfast. I've tried to be a believer in Almighty God, and if I wake up every morning, that means — I've got a pulse. That means he has got a purpose for me and that's what I try to do is listen to his voice. Figure out what that purpose is, and go about it holding his hand. "And not getting ahead of Him because I can't do it without Him," Gifford added. "I can't breathe without Him, and never had a day in my life when I thought I could. I'm grateful for that. I'm grateful that I came to that kind of faith early on in life. I don't know what I would have turned out to be in Hollywood if I hadn't been rooted in my faith. Right, wrong, immoral, moral. I mean, it saved me from a lot of despair." "The God of the Way" author explained how she had approached each new decade of her life with purpose and gratitude. WATCH: KATHIE LEE GIFFORD SHARES SECRET TO THRIVING IN HER 70S "When I turned 50, I still had little kids," the mother of Cody, 35, and Cassidy, 31, said. "And I was busy. I was still working with Regis. And then even at 60, I was working with Regis," Gifford continued. "And then I turned 71 this past year. " "If you live in the past, you're gonna die there." "I know it's hard to believe," she quipped. "There are things in my body I'm not happy about. But I've got a brand new book coming out. I've got three movies I'm writing and producing with my son. What else am I doing? I've got two new grandchildren coming. I will have five under the age of three in three years." "I mean, if you live in the past, you're gonna die there. If you just concentrate on what you've lost in your life, you're going to miss out on what you still have. And God wants you to be grateful. Not enough grateful people in this world, you know? There just aren't." WATCH: KATHIE LEE GIFFORD REFLECTS ON EMBRACING LIFE WITH GRATITUDE AT ANY AGE Gifford launched her career as an actress, making her television debut with a guest appearance in an episode of the soap opera "Days of Our Lives." She gained wider recognition when she starred in the musical sitcom "Hee Haw Honeys" from 1978 to 1979. The series was a spin-off of the long-running variety show "Hee Haw." She became a household name when she began hosting "Live with Regis and Kathie Lee" alongside the late Regis Philbin, Gifford hosted the hit morning show from 1985 to 2000 and received 10 joint Daytime Emmy Award nominations for outstanding talk show host with Philbin. Gifford went on to host the morning show "Today" with Hoda Kotb for 11 years, from 2008 to 2019. The duo earned two Daytime Emmy Award nominations for outstanding informative talk show host, winning in 2019. She is also an accomplished playwright, producer, singer-songwriter, author and actress. Gifford has starred in numerous TV shows and movies during her career. She has written five musicals, including Broadway's "Scandalous: The Life and Trials of Aimee Semple McPherson," which starred Carolee Carmello. In 2013, Carmello received a Tony Award nomination for her performance in the show. Gifford has also starred on Broadway, playing the role of Carol Burnett in Stephen Sondheim's "Putting It Together" and portraying Miss Hannigan in "Annie." As an author, Gifford has penned a number of books, including five New York Times bestsellers as well as children's books While speaking with Fox News Digital, Gifford shared how she believes that her positive attitude and hard work has been the key to her success. WATCH: KATHIE LEE GIFFORD RECALLS HOW SHE BEGAN WORKING WITH QVC "There are a lot of people who feel entitled. I was never entitled to anything," she said. "But when I got a job, I was grateful. And I was never the prettiest girl that got the job, I was never the best singer, I was never the best dancer, I was never the best anything, but I was the best worker. And I had the best attitude. I was a producer's dream." In addition to Gifford, QVC's TikTok Super Brand Day was also attended by other returning Q50 ambassadors, including former tennis star Billie Jean King, TV personality Stacy London and entrepreneur Barbara "Babs" Costello, as well as new ambassadors "Today" co-host Hoda Kotb, philanthropist Kathy Hilton and "Beverly Hills, 90210" alum Jennie Garth. While attending the event, Gifford and Kotb reunited on the red carpet. During her interview with Fox News Digital, Gifford recalled how she came to work with QVC. "They called me years ago when I was on with Regis and asked me to do a product line for them," she said. "So, I came out with some sort of a beauty product, I think it was a skin cream and a really, really good one. And they said, 'Now you know, you might have to stay there and come back every 20 minutes or every couple hours and do it in the middle of the night, and I said, 'OK, let's see how it goes.'" "We sold out," Gifford recalled. "We sold $5 million worth of it in five minutes. I went, 'Oh.'" "Now, that didn't happen every time I went to do QVC, but it was a nice big step first," she added with a smile. Since then, Gifford said she has worked with QVC on and off over the years. "They're an amazing organization," she said. "Technically, they're superb and nice, nice, nice people. And you know me, I don't hang out with mean ones. I do not do it."
West Australian
21-05-2025
- Business
- West Australian
Regis Resources expands open-pit and underground reserves at Duketon
Regis Resources has expanded both its open-pit and underground ore reserves at Duketon in the northern Goldfields during the past year. Regis told the Australian Securities Exchange this week that Duketon open-pit ore reserves grew to 640,000 ounces across several open pits and stockpiles. The company also said exploration delivered the fifth consecutive year of underground ore reserves growth, with an expansion of 550 per cent since 2019. Duketon underground now had 441,000oz of ore reserves, it said. Overall, across both Duketon and the Tropicana gold mine — which Regis holds 30 per cent of in a joint venture with global mining giant AngloGold Ashanti — Regis had total mineral resources of 7.5 million ounces and ore reserves of 1.7Moz. The ore reserve figure has fallen from 3.5Moz a year ago because that figure included 1.89Moz at the McPhillamys project in New South Wales, which has since become the subject of court action by Regis after former Federal environment minister Tanya Plibersek's rejection of the $1 billion project on Aboriginal cultural heritage protection grounds last August. The 7.5Moz mineral resources figure is an increase on the 7Moz of a year ago. Regis managing director and chief executive Jim Beyer said the latest update reflected the strength of the company's disciplined and systematic investment in exploration and mine planning. 'At Duketon, we've grown open-pit ore reserves and achieved a fifth consecutive year of underground reserve growth, a direct outcome of the team's deep geological insight and focus on converting resources into reserves,' he said. 'Our exploration programs continue to enhance the mineral resource base, and we remain confident in the ongoing potential for further growth and life extension across our portfolio. 'At Tropicana, we've seen strong reserve growth in the underground areas, further reinforcing the long-term value from that operation. 'These outcomes continue to support our long-term strategy to expand our underground portfolio while delivering ongoing reserve conversion and mine-life extension across our existing operations.'
Yahoo
14-05-2025
- Business
- Yahoo
Regis Corp (RGS) Q3 2025 Earnings Call Highlights: Strong EBITDA Growth Amidst Sales Challenges
Release Date: May 13, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Regis Corp (NASDAQ:RGS) reported a 33% growth in adjusted EBITDA and a 23% increase in operating income compared to the previous year. The company has returned to profitability and is consistently generating positive operating cash flow. The acquisition of Allied Salon Group has expanded growth and cash generation opportunities, contributing positively to results. Regis Corp (NASDAQ:RGS) has implemented a new pay plan and pricing structure, which has shown early positive results in same-store sales. The SuperCuts rewards loyalty program is driving increased sales and customer retention, with rewards members accounting for over 30% of total sales. Consolidated same-store sales saw a modest decline of 1.1% for the third fiscal quarter. The company experienced a decline in franchise revenues due to the closure of unprofitable franchise locations. SmartStyle brand saw a significant 7.4% same-store sales decline for the quarter. Regis Corp (NASDAQ:RGS) is still facing challenges in increasing traffic to salons, especially new guest visits. The company had 49 net closures of underperforming stores during the third quarter. Warning! GuruFocus has detected 9 Warning Signs with RGS. Q: Can you elaborate on the strategic rationale behind the acquisition of Allied Salon Group? A: Matthew Doctor, President and CEO, explained that the acquisition was a proactive strategy by Regis to enhance financial and strategic benefits. It expands growth and cash generation levers, opens new brand and operational improvement opportunities, and has positively contributed to results immediately upon closing. Q: What were the main factors contributing to the 1.1% decline in same-store sales for the third quarter? A: Matthew Doctor noted that the decline was influenced by the timing of Easter, which fell in the fourth fiscal quarter, and continued softness in overall salon traffic and new guest visits. The Easter timing shift had an estimated negative impact of 1.1% on sales. Q: How is the new pay plan for stylists expected to impact the business? A: Matthew Doctor highlighted that the new pay plan is designed to be more transparent and better align incentives, providing a clear path for managers and stylists to earn more by generating more service and retail sales. This initiative is part of broader strategic changes aimed at improving profitability and operational efficiency. Q: What are the key focus areas for Regis moving forward? A: Matthew Doctor outlined two primary areas: optimizing and growing sales and profitability in the company-owned salon portfolio, and the holistic Supercuts brand transformation agenda. These efforts include evolving brand strategy, unlocking omnichannel growth, and scaling operational excellence. Q: How does Regis plan to manage the impact of salon closures on financial performance? A: Kirsten Zuper, EVP and CFO, mentioned that Regis has several operational levers to manage and overcome headwinds from closures. These include increasing salon-level profit margins and managing corporate G&A expenses strategically. The financial impact of closures is mitigated by disciplined cost management and capital allocation. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-05-2025
- General
- Yahoo
Three Rivers Avian Center and friends celebrate the return of spring migrant birds
PIPESTEM, WV (WVNS) – Three Rivers Avian Center honored the return of spring migrant birds at their annual Migration Celebration, as part of International Migratory Bird Day. They were joined at Pipestem Resort State Park by other groups that are working to restore certain ecosystems. This was a free fun and educational experience for folks. Chimpanzees drum with regular rhythm when they beat on tree trunks, a form of ancient communication Wendy Perrone is the executive director for Three Rivers Avian Center. She explained there were a host of hot topics discussed at this celebration. 'We have seen quite a bit of problems with ecosystem degradation, people not understanding how to feed wild birds, how to do basic care 1-to-1, what happens when a bird hits a window? We are here talking about all sorts of different things. We are talking about migration. We are talking about the ecosystems that sustain these birds and things that you can do in your day to day life to help these birds and help them try to turn around those numbers that we are seeing of loss,' said Perone. Perrone told 59News that we have lost 52% of migratory birds that used to fill our skies over the past 20 years. In the Three Rivers Avian Center tent, she was taking care of Regis – a 17-year-old bald eagle, who has been grounded after an accident in the wild. They also had an American Kestrel and a great horned owl who also aren't able to be released back into the wild. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
