Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
VIAVI Solutions Fiscal Second Quarter 2026 Earnings Call - Data center and defense demand lift revenue and margins; acquisitions and restructuring reshape the business
VIAVI came in at the high end of guidance for fiscal Q2 2026, delivering $369.3 million in revenue, a 23.5% sequential increase and 36.4% year over year growth. Operating margin expanded to 19.3%, EPS...
- Revenue $369.3 million came in at the high end of guidance, up 23.5% sequentially and 36.4% year over year.
- Operating margin expanded to 19.3%, above guidance, improving 360 basis points sequentially and 440 basis points year over year.
- EPS was $0.22, beating the high end of guidance and rising $0.07 sequentially.
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CONMED Q4 2025 Earnings Call - Portfolio pivot: exiting GI to double down on AirSeal, Buffalo Filter and BioBrace while navigating tariff and near-term EPS headwinds
CONMED closed fiscal 2025 with solid top-line momentum and a clear strategic reset. Management announced an exit from gastroenterology, redeploying capital and talent into three high-growth, higher-ma...
- Q4 sales $373.2 million, up 7.9% reported and 7.1% constant currency; full-year sales $1.375 billion, up 5.2% reported and 5.1% constant currency.
- CONMED announced an exit from gastroenterology, a strategic portfolio move expected to dilute near-term EPS but improve long-term consolidated growth margin by about 80 basis points.
- Management is prioritizing three high-growth platforms: AirSeal (robotic and laparoscopy insufflation), Buffalo Filter (surgical smoke evacuation) and BioBrace (orthopedic soft tissue augmentation).
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First Commonwealth Financial Corporation Q4 2025 Earnings Call - NIM Near 4% and $225M Loan Sale Clears Path for Buybacks
First Commonwealth closed 2025 with margin strength, modest loan and deposit growth, and a capital plan that leans heavily on buybacks. Q4 core EPS beat at $0.43 and full-year core EPS of $1.53 topped...
- Q4 core EPS was $0.43, beating consensus; full-year 2025 core EPS was $1.53, above December street estimates.
- Net interest margin expanded to 3.98% in Q4, driven by better loan yields, good commercial volume, and slightly lower deposit costs.
- Management expects a near-term NIM dip in Q1 2026 of roughly 5 to 10 basis points as variable SOFR loans reflect December rate cuts, then gradual improvement toward about 4.0% by year-end 2026.
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Amphenol Corporation Fourth Quarter 2025 Earnings Call - AI-fueled IT Datacom Orders and CommScope Deal Drive Record Sales and Margins
Amphenol closed 2025 with record results, powered by a stampede of IT datacom orders tied to AI infrastructure and a string of acquisitions, most notably CommScope. Q4 sales hit $6.44 billion, full-ye...
- Record Q4 sales of $6.439 billion, up 49% in U.S. dollars and 37% organically versus Q4 2024.
- Full-year 2025 sales approximately $23.1 billion, up 52% in U.S. dollars and 38% organically year-over-year.
- Record quarterly orders of $8.431 billion, up 38% sequentially, driving a full-year book-to-bill of 1.1.
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Central Pacific Financial Corp Fourth Quarter 2025 Earnings Call - Margin Expansion and Capital Returns Amid Cautious Loan Growth
Central Pacific closed 2025 with improved profitability, modest margin expansion, and a clear tilt toward capital returns. Q4 net income was $22.9 million, $0.85 per share, driving full-year adjusted ...
- Q4 net income was $22.9 million, or $0.85 diluted EPS; full-year 2025 net income was $77.5 million, $2.86 per diluted share.
- Adjusted non-GAAP 2025 net income, excluding prior quarter one-time items, was $78.6 million, a 24% increase versus 2024 non-GAAP results of $63.4 million.
- Net interest income rose 1.3% sequentially to $62.1 million in Q4, with net interest margin expanding 7 basis points to 3.56%.
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Prosperity Bancshares Q4 2025 Earnings Call - Stellar Deal Lifts Margins, Scale and Houston Footprint
Prosperity reported a solid Q4 and full-year finish, driven by a widening net interest margin and heavy M&A activity that reshapes its Texas footprint. Net income for 2025 rose to $543 million, EPS cl...
- Earnings and margin: Full-year 2025 net income rose to $543 million, up 13.2% year over year; diluted EPS was $5.72, a 13.3% increase versus 2024.
- Quarterly results: Q4 2025 net income was $139.9 million, up 7.6% from Q4 2024; annualized ROA for the quarter was 1.49%, ROTCE 13.61%.
- NIM expansion: Tax-equivalent net interest margin widened to 3.30% in Q4 2025, up 25 basis points year over year and 6 basis points sequentially.
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Provident Financial Holdings Q2 FY2026 Earnings Call - Originations Rise; Prepayments Offset Growth, NIM Poised to Benefit from Cheaper Funding
Provident reported a quarter of active origination but a familiar frustration, payoffs outpacing new loans. Originations jumped to $42.1 million, but $46.7 million of principal payoffs left loans held...
- Loan originations were $42.1 million in the quarter, a 42% increase versus the prior sequential quarter.
- Loan principal payments and payoffs totaled $46.7 million, up 35% from the prior quarter, which more than offset origination growth.
- Loans held for investment declined by approximately $4.1 million for the quarter, driven by decreases in multifamily, commercial business, and CRE loans, partly offset by increases in single-family and construction loans.
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MSCI Q4 2025 Earnings Call - AI and Index/ABF Momentum Is Driving Run Rate Acceleration
MSCI closed 2025 with clear momentum: double-digit organic growth across revenue, EBITDA and EPS, a jump in ETF flows, and accelerating adoption of custom indices and private markets tools. Management...
- Q4 organic revenue grew over 10%, adjusted EBITDA grew over 13%, and adjusted EPS grew almost 12% for the quarter, with full-year adjusted EPS up nearly 14%.
- MSCI delivered 11 consecutive years of double-digit adjusted EPS growth, and since IPO has CAGR near 13% revenue, 15% adjusted EBITDA, and 16% adjusted EPS.
- Total run rate exceeded $3.3 billion, up 13% year over year, composed of ABF run rate of $852 million, up 26%, and recurring subscription run rate over $2.4 billion, up over 9%.
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QCR Holdings Q4 2025 Earnings Call - Record 2025 Fueled by NIM Expansion, LIHTC Growth and Strategic Loan Sales
QCR delivered a record 2025, driven by net interest margin expansion, strong loan and deposit growth, and outsized contribution from LIHTC lending and wealth management. Adjusted net income was $37 mi...
- QCR reported record adjusted net income of $37.0 million ($2.21 per diluted share) in Q4 and $130.0 million ($7.64 per diluted share) for full-year 2025.
- Net interest income was the primary earnings driver, rising on average earning asset growth and net interest margin expansion; NIM to tax equivalent yield rose 6 basis points sequentially in Q4 and has expanded 32 bps over the past seven quarters.
- Capital markets revenue totaled $25 million in Q4 and $65 million for 2025, above the prior $50-$60 million target; management now guides $55 million-$70 million over the next four quarters.
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National Bank Holdings Corporation Q4 2025 Earnings Call - Vista closed, problem loans cleared, and 2026 set up for ~10% loan growth with ~4% NIM
National Bank Holdings closed the Vista acquisition quickly, cleaned up lingering problem loans in Q4, and is guiding the combined company to a growth year in 2026. Management reported tangible book v...
- Quick close on Vista acquisition, adding roughly $2.4 billion of earning assets and prompting the company to adopt Vista as the go-forward brand in diversified markets.
- Company grew tangible book per share by 10% in 2025 and finished the year with a CET1 ratio of 14.89% and TCE of 11%.
- Q4 was noisy with one-time items: $4.1 million after-tax acquisition costs and $2.6 million after-tax loss on a strategic sale of securities executed to keep assets under $10 billion and preserve about $10 million in interchange income for one year.
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