Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
Peraso Inc. Q4 2025 Earnings Call - Millimeter-wave revenue ramps, defense and edge AI wins, but Q1 shipment delay trims near-term guidance
Peraso closed 2025 with clear commercial traction for its 60 GHz millimeter wave products, driving full-year millimeter wave revenue to $9.1 million from $1.3 million in 2024 and supporting healthier ...
- Peraso finished 2025 with Q4 revenue of $2.9 million and full-year revenue of $12.2 million, down from $14.6 million in 2024.
- Millimeter wave product revenue exploded year over year to $9.1 million for 2025 from $1.3 million in 2024, roughly a sixfold increase.
- Q4 millimeter wave sales were $2.4 million, up from $0.2 million in Q4 2024 but down from $3.0 million in the prior quarter, reflecting lumpy orders.
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Kaltura Q4 2025 Earnings Call - PathFactory acquisition accelerates shift to agentic digital experience platform
Kaltura closed Q4 with steady top-line metrics and a clean, profitable quarter while announcing a strategic bolt-on that rewrites its addressable market. Q4 revenue was $45.5 million, subscription rev...
- Q4 2025 total revenue was $45.5 million, subscription revenue $42.7 million, both above midpoint guidance.
- Adjusted EBITDA reached a record $6.3 million in Q4, marking the tenth consecutive quarter of adjusted EBITDA profitability.
- Full year 2025 adjusted EBITDA was $18.6 million, a 150% year-over-year increase versus 2024.
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Microvast Holdings, Inc. Full Year 2025 Earnings Call - Record revenue and adjusted EBITDA despite $32.5M inventory hit; Huzhou 3.2 ramp targeted for 2026
Microvast closed 2025 with record revenue of $427.5 million, a 12.6% increase year-over-year, and a material swing in operating performance: GAAP net loss of $29.2 million versus a non-GAAP adjusted n...
- Record revenue of $427.5 million in 2025, up 12.6% year-over-year, driven by ~16.5% increase in sales volume (266 MWh).
- GAAP net loss of $29.2 million, but non-GAAP adjusted net profit of $13.0 million and adjusted EBITDA of $44.7 million, signaling a measurable move toward profitability.
- A $32.5 million inventory impairment tied to specialized ESS components reduced gross margin by 7.6 percentage points; reported gross margin was 28.6% versus 31.5% in 2024.
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Getty Images Q4 2025 Earnings Call - Two Large Licensing Deals Pushed Record Revenue, Setting Up a Tough 2026 Compare
Getty closed 2025 with record revenue of $981.3 million and a surprisingly strong Q4: $282.3 million, up 14.1% year-over-year, driven largely by two multi-year licensing agreements that produced $40 m...
- Getty reported record full-year revenue of $981.3 million in 2025, up 4.5% year-over-year (3.8% currency neutral).
- Q4 revenue was $282.3 million, up 14.1% year-over-year (12.7% CN); Q4 adjusted EBITDA was $104.1 million, up 29.1% with a 36.9% margin.
- Two unnamed multi-year licensing agreements drove approximately $40 million of accelerated revenue in Q4 2025, with combined total deal value of about $65 million and cash impacts of ~$15 million in 2025 and ~$20 million in 2026. Management says these deals add recurring streams tied to social display and AI/data uses.
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Dragonfly Energy Fourth Quarter 2025 Earnings Call - OEM traction and $8.9M cost cuts aiming for positive adjusted EBITDA as trucking commercializes
Dragonfly closed 2025 with clear commercial signs and a defensive cost program. Full-year revenue rose 16% to $58.6 million, driven by a 34% jump in OEM sales, and the company secured its first commer...
- Full-year 2025 net sales rose 16% to $58.6 million, driven mainly by OEM channel growth.
- OEM revenue grew 34% year-over-year for 2025, and OEM revenue increased about 30% in Q4, reflecting deeper factory integrations with RV manufacturers.
- Q4 2025 net sales were $13.1 million, up 6.9% year-over-year; DTC revenue declined to $4.7 million from $5.7 million as the company shifts focus to OEMs and commercial markets.
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Comtech Telecommunications Corp Q2 FY2026 Earnings Call - Margin-First Pivot Boosts EBITDA and Cash Flow Despite Revenue Pullback
Comtech is leaning into a margin-first playbook. Management intentionally shed low-margin, working-capital intensive contracts while absorbing some U.S. government shutdown delays, driving higher gros...
- Net sales fell to $106.8 million from $126.6 million year over year, driven mainly by deliberate phasing out of low-margin Satellite and Space revenues and by U.S. government shutdown timing delays.
- Gross profit rose to $36.2 million, lifting gross margin from 26.7% to 33.9%, reflecting a sharper product mix and shift toward higher-margin, production-oriented orders.
- Adjusted EBITDA jumped to $9.1 million, up from $2.9 million in the prior-year quarter, a sign the margin-focused strategy is translating into operating leverage.
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RF Industries Q1 FY2026 Earnings Call - Backlog Surge and Margin Expansion Point to Scalable Momentum
RF Industries opened fiscal 2026 with a quarter that looked modest on revenue but meaningful under the hood. Net sales were $19.0 million, roughly flat year-over-year but down sequentially as expected...
- Net sales of $19.0 million in Q1 FY2026, essentially flat YoY and down 16% sequentially, consistent with seasonal softness.
- Gross margin improved 250 basis points to 32.3%, driven by pricing, product mix, and operational efficiencies.
- Operating income tripled to $177,000 versus the prior-year quarter, showing meaningful operating leverage.
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American Vanguard Q4 2025 Earnings Call - Refinancing and plant rationalization buy time for a $100M new-product growth plan
American Vanguard closed a difficult 2025 with a stopgap plan: two term loans replace the revolving facility, management is cutting costs and consolidating manufacturing, and a product pipeline is bei...
- Full-year 2025 sales were $515 million, down 6% from $547 million in 2024, slightly below management’s internal target range.
- Adjusted EBITDA for 2025 was $39.2 million, roughly flat year-over-year but below the company’s $40 million to $44 million target range for the year.
- Management completed a debt refinancing using two term loans, one from Centerbridge Partners and one from the existing BMO-led syndicate, accepting higher interest for runway and stability without equity dilution.
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HF Foods Group Q4 2025 Earnings Call - ERP Rollout and DC Expansion Keep Growth Intact Amid Tariff Pressure
HF Foods closed 2025 with modest top-line growth and improving adjusted profitability despite tariff headwinds and weaker food-service traffic. Net revenue rose 2.2% to $1.23 billion, gross profit edg...
- Net revenue grew 2.2% year-over-year to $1.23 billion in 2025, driven by volume and pricing gains in seafood and meat/poultry, and commodity volume growth.
- Gross profit increased 1.2% to $207.6 million, while gross margin slipped to 16.9% from 17.1% a year earlier.
- Adjusted EBITDA expanded 6.9% to $45.0 million, signaling improved operating performance despite macro headwinds.
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The Arena Group Q4 2025 Earnings Call - Profitability Rebuilt as Company Bets on Data and Commerce to Wean Off Ads
The Arena Group closed 2025 with a clear pivot: stronger profitability, materially lower advertising dependence, and an explicit push to turn audience data into commerce revenue. Full year revenue ros...
- Q4 2025 revenue was $28.2 million, down from $36.2 million in Q4 2024, with the quarter hit by extensive user experience testing that affected ad monetization and ongoing traffic fluctuations.
- Full year 2025 revenue rose to $134.8 million from $125.9 million in 2024, driven largely by non-advertising growth.
- Non-advertising revenue increased by more than $21 million year over year, reducing reliance on external referral traffic.
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