Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
Houlihan Lokey Q2 Fiscal 2026 Earnings Call - Strong Corporate Finance Growth Amid Improving M&A Markets
Houlihan Lokey reported a solid Q2 FY26 with revenues of $659 million, up 15% year-over-year, and adjusted EPS rising 26%. The standout driver was corporate finance revenue, which jumped 21% to $439 m...
- Houlihan Lokey's Q2 FY26 revenues reached $659 million, a 15% increase year-over-year, with adjusted EPS up 26% to $1.84.
- Corporate finance revenues rose 21% to $439 million, driven by the highest transaction volume since late 2021 and a buoyant M&A environment.
- Financial restructuring revenue showed a modest 2% increase to $134 million, supported by a strong backlog despite a softening in new deals due to improving macro conditions and lower rates.
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EastGroup Properties Q3 2025 Earnings Call - Resilient Portfolio Navigates Slower Development Leasing and Optimistic Leasing Pipeline
EastGroup Properties delivered a robust third quarter in 2025, with Funds From Operations (FFO) per share rising 6.6% year-over-year to $2.27 and consistently exceeding prior year quarters for over a ...
- FFO per share of $2.27 in Q3 2025, up 6.6% from prior year, marking over a decade of consistent annual growth.
- Quarter-end portfolio leasing at 96.7% with average occupancy of 95.7%, slightly down from Q3 2024.
- Strong leasing momentum in Q3 after a slower Q2, driven mainly by leases under 50,000 sq ft; larger leases show improved but deliberate activity.
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Credit Acceptance Corporation Q3 2025 Earnings Call - Navigating Competitive Pressures Amid Performance Challenges
Credit Acceptance Corporation reported a mixed Q3 2025, with loan performance dips balanced by a record-high $9.1 billion portfolio. While vintages 2022-2024 underperformed, 2025 exceeded expectations...
- Loan performance in vintages 2022, 2023, and 2024 underperformed expectations; 2025 vintage exceeded forecast.
- Overall forecasted net cash flows declined by 0.5%, equating to a $59 million drop.
- Loan portfolio reached a record $9.1 billion adjusted balance, up 2% year-over-year.
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EQT Q3 2025 Earnings Call - Seamless Olympus Integration and Robust LNG Strategy Set Stage for Sustainable Growth
EQT's Q3 2025 earnings call unveiled a quarter marked by operational excellence and strategic advancement. The company reported $484 million in free cash flow, underscoring the strength of its low-cos...
- EQT generated $484 million in free cash flow in Q3 2025, cumulative over $2.3 billion in the last four quarters despite gas prices averaging $3.25/MMBtu.
- The Olympus Energy acquisition closed July 1 with full upstream and midstream integration in just 34 days, the firm's fastest ever, yielding operational efficiencies and $2 million per well cost savings in Deep Utica.
- MVP Boost pipeline expansion greatly oversubscribed, prompting a 20% capacity increase to over 600,000 dekatherms/day, underpinned by 20-year contracts with leading Southeastern utilities.
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AppFolio Q3 2025 Earnings Call - AI-Native Platform Drives 21% Revenue Growth Amid Margin Pressures
AppFolio reported a robust third quarter in 2025 with revenue reaching $249 million, marking a 21% year-over-year increase driven by strong new business and product adoption, especially in AI-powered ...
- Q3 2025 revenue was $249 million, up 21% year over year.
- Non-GAAP operating margin declined to 23.5% from 28.7% a year ago, impacted by bonus overattainment and higher costs.
- Unit count increased 7% year over year to 9.1 million units managed from 21,759 customers.
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GrafTech International Q3 2025 Earnings Call - Strategic U.S. Sales Shift and Cost Cuts Drive Momentum Amid Flat Global Demand
GrafTech International reported a solid third quarter in 2025, marked by a 9% year-over-year sales volume increase to nearly 29,000 metric tons and a notable 53% volume growth in the U.S. market. The ...
- GrafTech achieved 9% year-over-year sales volume growth in Q3 2025, reaching nearly 29,000 metric tons, its highest in 12 quarters.
- U.S. sales volume grew 53% year-over-year in Q3, signaling a successful strategic shift to regions with stronger pricing.
- Average selling price declined 7% year-over-year to about $4,200 per metric ton due to flat demand and end of higher-priced LTAs, partially offset by higher U.S. sales mix.
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Alphatec Q3 2025 Earnings Call - 30% Revenue Growth and Positive Free Cash Flow Marking Profitable Sales Momentum
Alphatec reported a standout third quarter with revenue soaring 30% year-over-year to $197 million, led by a 31% increase in surgical revenues. The company is rapidly approaching an $800 million run r...
- Alphatec delivered 30% year-over-year total revenue growth in Q3 2025, reaching $197 million.
- Surgical revenue grew 31% to $177 million, with the EOS imaging segment increasing 29% to $20 million.
- Same-store sales in established U.S. territories rose 30%, reflecting strong demand and procedural adoption.
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Western Digital Fiscal Q1 2026 Earnings Call - Accelerated AI-Driven Demand Fuels Massive Growth and Capacity Commitments
Western Digital reported a stellar fiscal Q1 2026, with revenue of $2.8 billion, a 27% year-over-year surge driven by robust demand for high-capacity nearline HDDs critical to AI and data center workl...
- Western Digital delivered $2.8 billion revenue in Q1 fiscal 2026, up 27% year-over-year, beating guidance on strong cloud and AI-driven demand.
- Gross margin improved 660 basis points YoY to 43.9%, helped by mix shift towards higher-capacity Ultra SMR drives and tight cost controls.
- Free cash flow reached $599 million despite a large tax payment, sustaining a free cash flow margin above 20%.
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El Pollo Loco Q3 2025 Earnings Call - Positive Traffic Growth and Margin Expansion Validate Strategic Momentum
El Pollo Loco's Q3 2025 results reveal a brand gaining ground amid challenging market conditions, with positive system-wide traffic growth and meaningful margin expansion both at the restaurant and co...
- Q3 2025 system-wide traffic grew 1.6%, driven by franchise traffic growth of 2.5%, reflecting successful menu innovation and marketing efforts.
- New menu items like $9.99 quesadilla combos and burrito bowls have appealed to value-conscious consumers while preserving margins, with quesadillas now a permanent menu fixture.
- Operational excellence initiatives led to increased labor productivity and cost efficiency, helping restaurant-level operating margins grow 160 basis points to 18.3% in Q3.
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Travere Therapeutics Q3 2025 Earnings Call - FILSPARI Sales Surge and FSGS FDA Approval Near
Travere Therapeutics delivered a strong Q3 2025 with continued robust growth of FILSPARI in IgA nephropathy, highlighted by $91 million in net sales and expanding physician adoption. The recent FDA mo...
- FILSPARI net sales in IgA nephropathy reached approximately $91 million in Q3, up over 155% year-over-year.
- FDA modified FILSPARI REMS program by removing embryo-fetal toxicity restriction and reducing liver monitoring to quarterly, aligning with routine practice and easing patient care.
- FILSPARI was included as a first-line treatment option in updated KDIGO guidelines for IgA nephropathy, marking a paradigm shift endorsed by nephrology KOLs.
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