System1, Inc. (SST) Q3 2024 Earnings Call Transcript Summary
System1, Inc. (SST) Q3 2024 Earnings Call Transcript Summary
Notably, owned and operated products generated $71 million in revenue, up 7% year-over-year but down 9% from last quarter. Adjusted gross profit for these was $26 million, up 11% year-over-year.The following is a summary of the System1, Inc. (SST) Q3 2024 Earnings Call Transcript:
以下是System1, Inc.（SST）2024年第三季度業績會議呼叫記錄摘要：
Financial Performance:
財務表現：
System1 reported $89 million in revenue and $38 million in gross profit for Q3 2024.
Adjusted EBITDA was $10.3 million, marking a year-over-year increase of 28%.
Notably, owned and operated products generated $71 million in revenue, up 7% year-over-year but down 9% from last quarter. Adjusted gross profit for these was $26 million, up 11% year-over-year.
Partner Network revenues were $18 million, down 17% year-over-year but up 5% sequentially. Adjusted gross profit for this segment was $13 million.
System1報告2024年第三季度營業收入爲8900萬美元，毛利潤爲3800萬美元。
調整後的EBITDA爲1030萬美元，同比增長28%。
值得注意的是，旗下產品在收入方面實現了7100萬美元，同比增長7%，但與上一季度相比下降了9%。其中這些產品的調整毛利潤爲2600萬美元，同比增長11%。
合作伙伴網絡的營收爲1800萬美元，同比下降17%，但環比增長5%。該部分的調整毛利潤爲1300萬美元。
Business Progress:
業務進展：
Continued growth and innovation in owned and operated products like Startpage and MapQuest, with increased user sessions and new private browser app launches.
Investment in RAMP has improved marketing campaign efficiency and scaling, with AI integration playing a significant role in optimization.
Despite market volatility, System1 is reducing operating expenses and focusing on operational efficiency.
持續增長和創新的像Startpage和MapQuest這樣的旗下業務，用戶會話增加以及新的私人瀏覽器應用程序推出。
對RAMP的投資提高了營銷活動效率和規模，人工智能集成在優化中發揮了重要作用。
儘管市場波動，System1正在減少營業費用，並專注於運營效率。
Opportunities:
機會：
System1 is optimistic about rebounding business relations with Google's Search Partner Network in 2025.
International market expansions have increased, now comprising 35% of owned and operated revenue.
System1對2025年與谷歌搜索合作伙伴網絡業務關係復甦持樂觀態度。
國際市場擴張已增加，現在佔擁有和經營營業收入的35%。
Risks:
風險：
System1 faces volatility due to its dependence on Google's Search Partner Network, which has underperformed compared to the broader Google business.
The potential regulatory changes following a shift in administration could impact the digital advertising ecosystem and the antitrust landscape.
System1面臨波動，這是由於其對谷歌搜索合作伙伴網絡的依賴，後者與更廣泛的谷歌業務相比表現不佳。
隨着政府管理方式的變更可能影響數字廣告生態系統和反壟斷格局。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
