Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

SHOP November 4, 2025

Shopify Q3 2025 Earnings Call - Leading Agent-to-Commerce Evolution with Consistent 32% Growth

Shopify delivered another robust quarter in Q3 2025, hitting 32% growth in GMV and revenue, with an 18% free cash flow margin, underscoring its consistent execution and profitable scale. The company i...

  • Shopify recorded 32% year-over-year GMV and revenue growth in Q3 2025, maintaining consistent growth rates for three consecutive quarters.
  • Free cash flow margin expanded to 18% in Q3, demonstrating disciplined financial management alongside aggressive growth.
  • Agent-to-commerce powered by AI is a core strategic focus, with AI-driven traffic and orders increasing by 7x and 11x respectively since January.
  • +13 more takeaways
UNIT November 4, 2025

Unity Q3 2025 Earnings Call - Scaling Fiber Growth Amid Generational Hyperscaler Demand

Unity's third quarter 2025 earnings call showcased significant strategic progress following its merger with Windstream, positioning the company as a national insurgent fiber provider with a focus on T...

  • Unity closed its merger with Windstream in Q3 2025, establishing a scaled national wholesale fiber footprint positioned to capture large-scale infrastructure deals.
  • The company reported 13% fiber revenue growth and the highest fiber net adds in two years at Kinetic, with consumer fiber revenue up 26% YoY.
  • 85% of Unity's fiber footprint has been upgraded to multi-gig capabilities, boosting upsell opportunities.
  • +12 more takeaways
IAC November 4, 2025

IAC Q3 2025 Earnings Call - Reimagining People Inc. and Capitalizing on MGM’s Undervalued Assets

IAC's Q3 2025 earnings call spotlighted two core pillars: People Inc., the largest digital and print publisher in the U.S., and a significant investment in MGM. Chairman Barry Diller emphasized a focu...

  • IAC’s strategy centers on its two core assets: People Inc. publishing business and investment in MGM resorts.
  • Management committed to slimming down non-core assets and overhead, aiming for a leaner, focused company.
  • People Inc. achieved 9% digital revenue growth in Q3, marking its eighth consecutive quarter of growth.
  • +12 more takeaways
VOYG November 4, 2025

Voyager Technologies Q3 2025 Earnings Call - Strategic Acquisitions and Robust Growth Drive Defense and Space Innovation

Voyager Technologies reported a solid third quarter with 15% revenue growth excluding the wind down of a legacy NASA contract, and a 31% increase in Defense and National Security segment revenue, led ...

  • Voyager posted 15% revenue growth in Q3 2025 excluding legacy NASA contract wind down.
  • Defense and National Security segment revenue surged 31% YoY, driven by NGI and undisclosed programs.
  • Golden Dome missile defense initiative presents multiple contract opportunities; Voyager is actively engaged.
  • +17 more takeaways
BR November 4, 2025

Broadridge First Quarter 2026 Earnings Call - Strong Start Driven by Tokenization and Governance Innovation

Broadridge kicked off fiscal 2026 with momentum, reporting an 8% growth in recurring revenue and a significant 51% increase in adjusted EPS. The company raised its recurring revenue guidance to the to...

  • Broadridge reported strong fiscal Q1 2026 results, with recurring revenue growing 8% year-over-year on a constant currency basis and adjusted EPS up 51%, driven by event-driven revenues and organic growth.
  • The company raised its recurring revenue growth guidance to the higher end of its 5%-7% range, reaffirming adjusted EPS growth guidance of 8%-12% and closed sales guidance of $290 million to $330 million.
  • Governance segment revenue increased 5%, supported by 12% equity position growth driven by managed accounts and early interest in tokenized equities as a future growth avenue.
  • +9 more takeaways
REFI November 4, 2025

Chicago Atlantic Real Estate Finance Inc. Q3 2025 Earnings Call - Robust Cannabis Loan Portfolio and Defensive Rate Structure Drive Confidence Amid Market Volatility

Chicago Atlantic navigated a turbulent private credit environment with disciplined execution, highlighted by a loan portfolio totaling approximately $400 million across 26 companies and a weighted ave...

  • Chicago Atlantic reported a $400 million loan portfolio spread across 26 borrowers with a 16.5% weighted average yield to maturity in Q3 2025.
  • The cannabis pipeline remains strong at approximately $441 million, diversified among growth investments, restructurings, M&A, and ESOP-related deals.
  • Management and Board increased their share ownership to nearly 1.8 million shares, signaling confidence despite the company's share trading at a discount to book value.
  • +12 more takeaways
TSHA November 4, 2025

Taysha Gene Therapies Q3 2025 Earnings Call - Breakthrough Therapy Designation and Pivotal Trial Launch Propel Rett Syndrome Program

Taysha Gene Therapies reported significant progress in Q3 2025, centered on their lead candidate TATIA-102 for Rett syndrome. The company secured FDA breakthrough therapy designation, solidifying regu...

  • Taysha Gene Therapies received FDA breakthrough therapy designation for TATIA-102 in September 2025, aimed at treating Rett syndrome with preliminary evidence of substantial clinical improvement.
  • The FDA has finalized and aligned with Taysha on the pivotal REVEAL trial protocol and statistical analysis plan, enabling potential BLA submission based on a six-month interim analysis.
  • Part A of the REVEAL Phase 1/2 trials showed a 100% response rate in patients achieving one or more developmental milestones by nine months post-treatment with high dose TATIA-102.
  • +12 more takeaways
ULS November 4, 2025

UL Solutions Q3 2025 Earnings Call - Solid Growth and Margin Expansion Amid Strategic Restructuring

UL Solutions delivered a robust third quarter in 2025 with consolidated revenue up 7.1% year-over-year and adjusted EBITDA soaring 18.6%, reaching record highs driven by operating leverage and balance...

  • UL Solutions reported 7.1% consolidated revenue growth and 6.3% organic growth in Q3 2025, led by balanced expansion across Industrial (7.3%), Consumer (5.3%), and Software & Advisory (6.5%) segments.
  • Adjusted EBITDA rose 18.6% to $217 million with margin expansion of 270 basis points to 27.7%, the highest since the company's public listing in April.
  • Free cash flow reached $317 million for the first nine months, up 47% year-over-year, supported by profitability improvements and strong cash conversion.
  • +7 more takeaways
GT November 4, 2025

Goodyear 3Q 2025 Earnings Call - Sequential Earnings Growth Amid Industry Volatility and Strategic Restructuring

Goodyear’s third quarter 2025 earnings reflected resilience in a turbulent global tire market, with revenues of $4.6 billion and segment operating income at $287 million, slightly beating revised expe...

  • Goodyear reported $4.6B revenue and $287M segment operating income in Q3 2025, slightly above revised guidance.
  • Company achieved significant sequential earnings and margin growth driven by its Goodyear Forward strategic initiatives despite a challenging market backdrop.
  • US consumer replacement volumes declined 6%, pressured by elevated inventory and low-cost imports, though growth in OEM fitments and premium rim sizes remained strong.
  • +12 more takeaways
LIND November 4, 2025

Lindblad Expeditions Q3 2025 Earnings Call - Record Revenue and EBITDA Driven by Strong Occupancy and Yield Growth

Lindblad Expeditions reported a robust third quarter for 2025, delivering record revenue of $240 million, up 16.6% year over year, and adjusted EBITDA of $57.3 million, a 25% increase from last year. ...

  • Lindblad Expeditions reported Q3 2025 revenues of $240 million, up 16.6% year over year, driven by 13.4% growth in Lindblad (cruise) segment and 21.1% growth in Land Experiences segment.
  • Adjusted EBITDA reached a company record $57.3 million, up 25% year over year, with margins expanding 160 basis points to 23.8%.
  • Occupancy in the Lindblad segment rose to 88%, six points higher than prior year, despite 5% higher capacity, representing the highest utilization in company history.
  • +13 more takeaways