Release Date: March 13, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Q: Can you provide details on the FST terminal installations for the quarter and year, particularly regarding the large QSR customer and new logos? A: John Dillon, CEO, mentioned that while he couldn't provide a detailed breakdown, the large QSR was a significant portion of the installations, though not more than half. Steve DeMartino, CFO, added that the business with the large QSR is expected to expand in 2025, with new clients and geographic expansions contributing to growth.
Q: What is the outlook for the Casino & Gaming segment in 2025, and can you update on the international market? A: Steve DeMartino, CFO, stated that all domestic OEMs are back to buying, and while some international OEMs are still working through inventory, most are purchasing again. The expectation is for a stronger year in 2025, both domestically and internationally.
Q: How much revenue was lost due to the C-store customer exit in 2024? A: Steve DeMartino, CFO, explained that the C-store customer contributed about $3 million to $4 million annually, with approximately half of that amount falling off in 2024.
Q: Can you elaborate on the complexity of the strategic review process? A: John Dillon, CEO, explained that the complexity arises from managing two distinct business segments, each with different market dynamics and strategic interests. The internal operations are intertwined, making it challenging to separate financials and resources for potential strategic opportunities.
Q: What is the market opportunity for the Epic TR80 printer? A: Steve DeMartino, CFO, highlighted that the Epic TR80 targets the growing sports betting market, especially in Europe. The company is re-establishing relationships and has seen good interest since re-entering the market, indicating significant potential.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
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