Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

HYPR May 12, 2026

Hyperfine Q1 2026 Earnings Call - Revenue Jumps 83% as Ultra-Low Field MRI Platform Expands into Neurology Offices and International Markets

Hyperfine delivered a formidable start to 2026, posting $3.9 million in revenue, a sharp 83% year-over-year jump driven by strong demand for its next-generation Swoop subsystem across hospitals and ne...

  • Revenue surged 83% year-over-year to $3.9 million, marking the second-highest quarter in company history and driven by the third full quarter of next-generation subsystem sales.
  • Gross margin expanded to 50.7% from 41.3% in the prior year period, representing 940 basis points of improvement and marking the third consecutive quarter above 50%.
  • Cash burn declined 13% to $8.8 million, down from $10.1 million in Q1 2025, as management enforced spending discipline and realized benefits from prior restructuring.
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TNON May 12, 2026

Tenon Medical Q1 2026 Earnings Call - Gross Margin Expansion Hits 68.5% on Dual-Platform Growth

Tenon Medical reported a record first quarter in 2026, with revenue nearly doubling year-over-year to $1.4 million and gross margins expanding sharply to 68.5%. The surge was driven by higher Catamara...

  • Revenue surged 90% year-over-year to $1.4 million, marking the highest first-quarter revenue in company history.
  • Gross margin expanded 24 percentage points to 68.5%, up from 44.5% in Q1 2025, driven by better fixed-cost absorption and operational efficiency.
  • SImmetry+ contributed meaningfully to revenue for the first full quarter following the SiVantage asset acquisition in August 2025.
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HQI May 12, 2026

HireQuest Q1 2026 Earnings Call - Demand Stabilizes, M&A Pressure Builds

HireQuest delivered a resilient first quarter, with total revenue of $6.5 million and adjusted net income of $0.13 per share. The company’s franchise model insulated it from the broader staffing indus...

  • Total revenue of $6.5 million in Q1 2026, down 12.7% year-over-year, primarily due to the January divestiture of MRI Network permanent placement assets.
  • Adjusted net income held steady at $0.13 per share, with adjusted EBITDA of $2.7 million, demonstrating margin resilience despite macro headwinds.
  • System-wide sales fell to $102.6 million from $118.4 million, but excluding divestiture impact, underlying sales were nearly flat year-over-year, signaling stabilization.
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SDCH May 12, 2026

SideChannel Q2 FY2026 Earnings Call - Deliberate Revenue Decline Fuels Platform Transition

SideChannel reported a 11.9% year-over-year revenue decline to $1.58 million in Q2 FY2026, driven by a 28.4% drop in vCISO services revenue. Management framed this not as a setback, but as an intentio...

  • Total revenue declined 11.9% year-over-year to $1.58 million in Q2 FY2026, missing prior growth trajectories.
  • vCISO services revenue fell 28.4% year-over-year, reflecting a deliberate pullback from hourly consulting engagements.
  • Gross margin expanded 380 basis points to 53.5%, demonstrating early operational leverage as the company shifts to platform models.
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CRIS May 12, 2026

Curis Q1 2026 Earnings Call - Emavusertib Pipeline Expansion and Cash Runway Extension

Curis delivered a mixed Q1 2026 update, posting a wider net loss driven by a non-cash fair value adjustment on warrant liabilities, while simultaneously advancing its emavusertib pipeline into new ind...

  • Curis reported a Q1 2026 net loss of $24.2 million ($1.25/share), an increase from $10.6 million in Q1 2025, primarily due to a fair value change in warrant liabilities from the January 2026 PIPE financing.
  • R&D expenses decreased to $6.4 million from $8.5 million year-over-year, driven by lower employee-related and manufacturing costs as the company transitions from early-stage development to clinical execution.
  • G&A expenses rose to $5.1 million from $4.0 million, reflecting costs associated with the January 2026 PIPE financing, partially offset by lower employee costs.
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KRMN May 12, 2026

Karman Space & Defense Q1 2026 Earnings Call - Record Revenue and Backlog Surge

Karman Space & Defense delivered a record-breaking first quarter for fiscal 2026, with revenue jumping 51% to $151 million and adjusted EBITDA climbing nearly 50% to $45 million. The company's backlog...

  • Revenue reached a record $151 million in Q1 fiscal 2026, representing a 51% year-over-year increase, with half of the growth attributed to the January acquisition of Seemann Composites and Materials Sciences Corporation.
  • Adjusted EBITDA hit an all-time high of $45 million, up nearly 50% year-over-year, while net income flipped from a $5 million loss to $8 million profit.
  • Backlog grew 61% to over $1 billion, providing strong visibility into future revenue streams and supporting the company's raised full-year guidance.
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TACT May 12, 2026

TransAct Technologies Q1 2026 Earnings Call - Recurring Revenue Surge and Strategic Shift to Software Monetization

TransAct Technologies delivered a solid Q1 2026, with total net sales rising 10% year-over-year to $14.4 million and adjusted EBITDA flipping to a positive $1.4 million, driven by strong momentum in i...

  • Total net sales rose 10% year-over-year to $14.4 million, with adjusted EBITDA turning positive at $1.4 million, up from a negative $499,000 in Q4 2025.
  • Recurring FST revenue surged 26% to $3.3 million, with software revenue growing 23% year-over-year, highlighting the successful pivot to a high-margin, predictable software-as-a-service model.
  • Annual Recurring Revenue (ARR) reached $3.3 million, encompassing software, contracted support services, and consumable labels, signaling strong monetization of the nearly 20,000 online terminal install base.
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AIP May 12, 2026

Arteris Q1 2026 Earnings Call - Record Revenue and Raised Guidance on AI Chip Demand

Arteris delivered a record-breaking first quarter in 2026, with revenue climbing 39% year-over-year to $22.9 million and trailing twelve-month royalties surging 67% to $9.9 million. The company’s stra...

  • Record revenue of $22.9 million, up 39% year-over-year, beating the top end of guidance.
  • Trailing twelve-month royalties surged 67% to $9.9 million, driven by AI chip demand and higher-priced semiconductor nodes.
  • Annual contract value plus royalties reached a record $92.8 million, up 39% year-over-year.
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GCTS May 12, 2026

GCT Semiconductor Holding Q1 2026 Earnings Call - 5G Chipset Shipments Surge 58% as Revenue Jumps 287%

GCT Semiconductor moved a critical step closer to commercial scale in Q1 2026, delivering 3,000 5G chipsets and posting revenue that nearly tripled to $1.9 million. The growth was fueled by a mix of p...

  • 5G chipset shipments reached 3,000 units in Q1 2026, marking a 58% sequential increase and signaling early commercial traction.
  • Total revenue surged 287% to $1.9 million, driven by a $0.4 million rise in product sales and a $1.0 million jump in service revenue.
  • Gross margins expanded to 49.3% from 18.0% year-over-year, largely due to a higher proportion of high-margin service and licensing revenue.
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IPM May 12, 2026

Intelligent Protection Management Corporation Q1 2026 Earnings Call - Revenue Surges 15% as Procurement Boom Masks Core Service Stagnation

Intelligent Protection Management delivered a 15.2% revenue jump to $6.4 million in Q1 2026, driven almost entirely by a 78.4% surge in procurement sales. Core managed IT services grew a modest 19%, w...

  • Total revenue reached $6.4 million, up 15.2% year-over-year, with procurement revenue surging 78.4% to $1.7 million.
  • Core managed IT services revenue grew 19% to $3.4 million, driven by new customer acquisitions and expansion within existing accounts.
  • Professional services revenue declined 33.5% to $483,000, and subscription revenue fell 9.7% to $254,000.
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