Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

GAME April 8, 2026

GameSquare Holdings, Inc. Fourth Quarter 2025 Earnings Call - Positive Adjusted EBITDA Signals Profitability Inflection

GameSquare says 2025 was a reset year and Q4 delivered the proof point. The company reported $18.5 million in revenue, a 142% year-over-year jump, and reached positive adjusted EBITDA of $1.7 million,...

  • Q4 2025 revenue was $18.5 million, up 142% year-over-year, with gross margin expanding to 45.9% from 25.8% a year earlier.
  • GameSquare delivered positive adjusted EBITDA of $1.7 million in Q4, a decisive inflection from prior losses; pro forma adjusted EBITDA including TubeBuddy was $2.3 million or 11.2% of pro forma revenue.
  • Pro forma Q4 revenue including TubeBuddy was $20.6 million, underscoring the immediate accretive impact management expects from the acquisition.
  • +13 more takeaways
RGP April 8, 2026

RGP FY2026 Q3 Earnings Call - Cost Cuts and AI Hires Set Stage for FY2027 Growth

RGP reported a quarter that was steady on execution but stubbornly weak on top-line recovery. Revenue of $107.9 million declined about 19.6% year-over-year on a same-day constant currency basis, while...

  • Consolidated revenue $107.9 million, down ~19.6% year-over-year on a same-day constant currency basis.
  • Gross margin improved to 35.7%, up 60 basis points versus prior-year quarter.
  • Adjusted EBITDA was negative $1.4 million for the quarter.
  • +14 more takeaways
INFQ April 8, 2026

Infleqtion Full Year 2025 Earnings Call - On track to 100 logical qubits by 2028 while monetizing sensing today

Infleqtion used its first public earnings update to sell a simple story: monetize quantum sensing now, fund and scale neutral-atom quantum computing toward a 100-logical-qubit milestone in 2028. The c...

  • 2025 revenue was $32.5 million, all organic and entirely from quantum-related businesses.
  • 2026 revenue guidance is approximately $40 million, reflecting continued momentum across sensing and computing programs.
  • Infleqtion raised $516 million in net proceeds in February 2026 (NYSE listing) and exited 2025 with $63 million cash; pro forma cash exceeds $550 million and the company has no debt.
  • +12 more takeaways
RPM April 8, 2026

RPM International Inc. Q3 Fiscal 2026 Earnings Call - Record adjusted EBIT, but Middle East raw-material risk widens guidance

RPM reported a quarter of operational jewelry and strategic caution. Consolidated sales and volumes pushed adjusted EBIT to record levels, helped by MAP savings, SG&A optimization, and system-selling ...

  • RPM delivered record adjusted EBIT in Q3, driving a nearly 50% increase in adjusted EBIT year over year, and the company has reported record adjusted EBIT in 15 of the last 17 quarters.
  • Consolidated sales rose about 9% in Q3, led by engineered solutions for high-performance buildings, M&A, FX tailwinds, and higher unit volumes; North America grew 6.3%, Europe grew over 20% driven largely by M&A and FX.
  • Raw materials represent roughly 60% of RPM’s cost of goods sold, and management now expects raw-material inflation of about 1%–2% in Q4 FY26, increasing to mid- to high-single digits in Q1 FY27, driven by the Middle East disruption.
  • +12 more takeaways
BBGI April 8, 2026

Beasley Broadcast Group Q2 2025 Earnings Call - Digital gains mask deep agency bleed

Beasley reported a tale of two businesses. The digital segment is scaling, driving margin expansion and new product launches, but an aggressive, structural pullback from agency clients drove total sam...

  • Total same-station net revenue declined 11.1% year over year in Q2.
  • Digital revenue grew 1.3% overall, and 8.1% on a same-station basis, now accounting for 25% of total revenue.
  • Digital segment operating margin widened 900 basis points quarter over quarter, from 17.8% to 26.8%.
  • +12 more takeaways
DAL April 8, 2026

Delta Air Lines March Quarter 2026 Earnings Call - Record Revenue, Demand Resilience, Fuel Spike Forces Capacity Cuts and Partial Recapture

Delta reported a March quarter built on durable demand and record revenue, yet the quarter ended undercut by a sharp fuel shock. Results beat guidance ranges with $14.2 billion in revenue, a 9.4% incr...

  • Delta delivered record March-quarter revenue of $14.2 billion, up 9.4% year over year, and total unit revenue rose 8.2% (including ~2 points from MRO).
  • Earnings per share were $0.64, pre-tax profit was $530 million, free cash flow was $1.2 billion, and return on invested capital was 12% for the quarter.
  • Management attributes results to broad-based demand across corporate and leisure, double-digit growth in Delta AmEx card spend, and strength in premium and loyalty revenue streams.
  • +12 more takeaways
EVO April 8, 2026

Evotec Q4 2025 Earnings Call - Sandoz Deal and Horizon Reset Pivot Evotec Toward Asset-Light, Higher-Margin Growth

Evotec closed 2025 with disciplined results and a clear strategic reset. Revenue for the year was broadly flat at EUR 788.4m, but Q4 showed momentum with EUR 253.3m. Management positioned Just Evotec ...

  • 2025 group revenue: EUR 788.4m, down 1.1% YoY; Q4 revenue EUR 253.3m, up 14.5% YoY (21% constant currency in Q4).
  • Adjusted group EBITDA: Q4 2025 EUR 58.0m (+103.6% YoY); full year 2025 EUR 41.1m (+81.9% YoY).
  • DMPD segment weakness drove the full-year revenue decline, with DMPD revenues down EUR 82.5m or 13.5% to EUR 528.9m for 2025; Q4 DMPD was EUR 137.1m (-16.6% YoY).
  • +15 more takeaways
KRUS April 7, 2026

Kura Sushi USA, Inc. Q2 2026 Earnings Call - Strong Q2 comps and record labor leverage, cautious guide while robots and IPs set stage for FY27 upside

Kura Sushi delivered a punchy Q2: $80.0 million in sales, comparable-store sales up 8.6% driven equally by traffic and price/mix, and an eye-catching 410 basis point labor improvement that pushed labo...

  • Total sales for fiscal Q2 2026 were $80.0 million, up from $64.9 million in the prior year period.
  • Comparable restaurant sales grew 8.6% in Q2, split evenly with 4.3% from traffic and 4.3% from price and mix; effective pricing for the quarter was 4.5%.
  • Year-to-date comps through the first half are +3%, and management now expects modestly positive full-year comparable sales, but will not extrapolate the Q2 beat into the back half given geopolitical uncertainty.
  • +12 more takeaways
AEHR April 7, 2026

Aehr Test Systems Q3 Fiscal 2026 Earnings Call - Bookings Surge, Record $50M+ Effective Backlog as AI and Photonics Ramp

Aehr Test reported a seismic shift in demand this quarter, booking $37.2 million and pushing effective backlog to a record $50.9 million as AI accelerator, silicon photonics, and power semiconductor c...

  • Q3 bookings surged to $37.2 million, lifting effective backlog to a record $50.9 million (quarter-end backlog $38.7 million plus $12.2 million in early Q4 bookings).
  • Book-to-bill exceeded 3.5x for the quarter, signaling strong demand momentum across product lines.
  • Q3 revenue was $10.3 million, down 44% year over year from $18.3 million, due to timing and delayed orders.
  • +14 more takeaways
LEVI April 7, 2026

Levi Strauss & Company Q1 2026 Earnings Call - DTC-led international momentum lifts revenue, margins and guidance

Levi Strauss started fiscal 2026 with a clean beat, driven by a DTC-first push, international strength, and product momentum across women’s and tops. Organic net revenues rose 9% in Q1, DTC grew 10% w...

  • Q1 organic net revenue grew 9%, reported revenue was up 14%, driven by broad-based strength across regions and channels.
  • Direct to consumer (DTC) revenue rose 10% with comparable store sales up 7%, DTC now represents roughly half the business.
  • Wholesale also outperformed at +8%, led by stronger purchases of women’s and tops as partners adopt Levi’s lifestyle assortment.
  • +12 more takeaways