Earnings Call Summary | Urgent.ly(ULY.US) Q1 2024 Earnings Conference
Earnings Call Summary | Urgent.ly(ULY.US) Q1 2024 Earnings Conference
The following is a summary of the Urgent.ly Inc. (ULY) Q1 2024 Earnings Call Transcript:
以下是Urgent.ly公司（ULY）2024年第一季度業績會交流摘要：
Financial Performance:
金融業績：
Urgent.ly reported Q1 2024 revenue of $40.1 million, surpassing their projected range of $35-$38 million due to higher volumes.
Gross margins reached 23%, marking the fourth consecutive quarter over 20%.
The non-GAAP operating loss of $5.1 million represents a 35% improvement from Q4 2023, moving towards non-GAAP operating break-even by Q3 2024.
Despite a 19% decrease in revenue, the gross profit was up approximately $100,000 compared to the same period last year.
The company closed the quarter with $40.7 million in cash and short-term investments, with their net principal debt at $54.3 million with maturity in January 2025.
Urgent.ly報告2024年第一季度營業收入爲4010萬美元，超過其預期區間3500萬-3800萬美元，由於銷量更高。
毛利潤達到23％，標誌着連續第四個季度的20％以上。
非通用會計準則下的運營虧損爲510萬美元，較2023年第四季度改善了35％，向着2024年第三季度的非通用會計準則運營盈虧平衡邁進。
儘管營業收入減少了19％，毛利潤仍較去年同期上漲了約100,000美元。
公司截至本季度末的現金及短期投資共爲4070萬美元，其淨本金債務爲5430萬美元，到期日爲2025年1月。
Business Progress:
業務進展：
Urgent.ly has made strides in operational and financial improvement, focusing primarily on enhancing customer service and technology optimization.
They are also working on reducing operational costs and improving gross margins to reach non-GAAP operating break-even by the start of Q3.
They are focusing on integrating Otonomo and Urgently's tech teams and eliminating redundant functions as part of their post-merger efforts.
The company's recent launch of OEM telematics development to quicken data collection and improve customer experience and their successful partnership with a top five automobile Original Equipment Manufacturer exhibit progressive strides made by the company.
Moving forward, the company plans to expand their existing B2B incident business and partner innovation by combining their assets from Otonomo with Urgent.ly's core technologies.
Urgent.ly在運營和財務方面取得了進展，主要關注提高客戶服務和技術優化。
他們還在努力降低運營成本，提高毛利率，以在第三季度開始時實現非通用會計準則運營盈虧平衡。
他們正在專注於整合Otonomo和Urgently的技術團隊，消除冗餘功能，作爲兼併後努力的一部分。
公司最近推出了原始設備製造商車載通訊發展計劃，以加快數據收集和改善客戶體驗，並與五大汽車原始設備製造商成功合作，展示公司取得的進步。
未來，公司計劃擴大現有的B2B事件業務，並通過將來自Otonomo的資產與Urgent.ly的核心技術相結合來推動創新。
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。