Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
Qorvo First Quarter 2026 Earnings Call - Margins Climb as Defense and Premium Phone Content Offset Android Exit
Qorvo posted a stronger-than-expected start to fiscal 2026, with Q1 revenue of $819 million, non-GAAP gross margin of 44%, and non-GAAP EPS of $0.92. Management credits improving margins to mix shifts...
- Q1 results topped guidance: revenue $819M, non-GAAP gross margin 44%, non-GAAP diluted EPS $0.92.
- Q2 fiscal guidance is aggressive: revenue $1.025B +/- $50M, non-GAAP gross margin 48%–50%, non-GAAP EPS $2.00 +/- $0.25.
- Largest customer remains critical, representing ~41% of revenue; management expects >10% year-over-year content growth on the ramping fall platform.
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Columbia Sportswear Company Q2 2025 Earnings Call - Tariff Uncertainty Forces Absorption of $35-40M Hit and Cautious U.S. Posture
Columbia reported a mixed Q2: net sales rose 6% to $605 million, gross margin expanded 120 basis points to 49.1%, but the company posted a small loss per share of $0.19 as U.S. demand softened and man...
- Q2 net sales increased 6% year over year to $605 million, slightly ahead of the company outlook, driven by earlier fall wholesale shipments.
- Gross margin expanded 120 basis points to 49.1% in Q2, helped by fewer closeouts and timing of shipments, even as management flags tariff pressure ahead.
- Reported loss per share improved slightly to $0.19 versus $0.20 a year ago.
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Caesars Entertainment Second Quarter 2025 Earnings Call - Digital momentum keeps $500M EBITDA target on track despite soft Vegas summer
Caesars posted Q2 consolidated net revenue of $2.9 billion and adjusted EBITDAR of $955 million, but the headline is the digital business. Caesars Digital set an all time quarterly adjusted EBITDA rec...
- Consolidated Q2 results: net revenue $2.9 billion, adjusted EBITDAR $955 million.
- Digital delivered a record quarter, net revenue $343 million, adjusted EBITDA $80 million, up 100% year over year for EBITDA.
- On a trailing 12 month basis, Caesars Digital has generated about $200 million of adjusted EBITDA, keeping the company on track for its $500 million plus EBITDA target for 2026.
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Sensata Technologies Q2 2025 Earnings Call - Strong execution lifts margins and cash conversion, while China NEV wins and leak detection fuel a return to growth
Sensata reported a clean, execution-driven quarter: revenue recovered sequentially, adjusted operating margins held at 19%, and free cash flow conversion surged to 91%. Management framed the results a...
- Sensata beat the high end of guidance for a second consecutive quarter, delivering revenue of about $943 million, adjusted operating income of ~$179 million, and adjusted EPS of $0.87 in Q2 2025.
- Free cash flow was $116 million in the quarter, a 91% conversion of adjusted net income, up sharply from 74% in Q1 2025 and a 20 percentage point improvement versus 2024.
- Management emphasized a three pillar transformation: operational excellence, optimized capital allocation, and a return to growth, with six core operational initiatives including plant benchmarking, commercial excellence and procurement optimization.
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Varonis Systems Q2 2025 Earnings Call - SaaS ARR hits 69%, powering 19% ARR growth and strong cash generation
Varonis reported solid Q2 execution as its SaaS transition accelerates: ARR reached $693.2M, up 19% year over year, with SaaS now about 69% of ARR. Revenue was $152.2M (up 17%), gross margin held at 8...
- ARR reached $693.2 million in Q2 2025, up 19% year over year.
- SaaS ARR now represents roughly 69% of total ARR (about $475 million), an ~8 percentage point increase from Q1.
- Quarterly revenue was $152.2 million, up 17% year over year; SaaS revenue was $105.9 million.
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Newell Brands Q2 2025 Earnings Call - Pricing and productivity to absorb permanent tariffs, holding margin momentum amid weak sales
Newell posted a quarter of margin momentum and tariff triage, even as core sales remain soft. Q2 normalized operating margin rose to 10.7% and normalized gross margin hit 35.6%, the eighth straight qu...
- Q2 normalized operating margin was 10.7%, up 10 basis points year over year, and normalized gross margin rose 80 basis points to 35.6%, the highest in four years and eighth consecutive quarter of gross-margin improvement.
- Normalized EPS was $0.24, at the top of guidance, despite a higher-than-expected effective tax rate of 19.2% which reduced EPS by about $0.02.
- Core sales fell 4.4% in Q2; first-half 2025 core sales were down 3.4%, a deterioration versus the steady sequential improvement delivered since the 2023 strategy rollout.
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Avient Corporation Q2 2025 Earnings Call - Modest organic growth, margin expansion and a ramp to $40M of productivity savings
Avient posted a cautious but constructive quarter: Q2 organic sales edged up 0.6%, adjusted EPS came in at $0.80 (ahead of guidance), and adjusted EBITDA margin widened to 17.2% as the company pushed ...
- Q2 organic sales grew 0.6%, marking the fifth consecutive quarter of organic growth for Avient.
- Adjusted EPS was $0.80, up 5% and slightly ahead of guidance of $0.79.
- Adjusted EBITDA margin expanded to 17.2%, a 30 basis point improvement driven by favorable mix, productivity and disciplined discretionary spend.
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VF Corporation Q1 FY26 Earnings Call - Transformation shows progress but tariffs and Vans drag near-term growth
VF posted a mixed Q1: revenue of $1.8 billion was flat on a reported basis and down 2% in constant dollars, but the company beat guidance on profitability with an adjusted Q1 loss of $56 million, roug...
- Q1 revenue $1.8 billion, flat reported, down 2% in constant dollars; results came in above guidance.
- Adjusted Q1 loss approximately $56 million, about $50 million better than the high end of guidance; adjusted EPS loss $0.24 vs $0.35 prior year.
- Adjusted gross margin improved ~200 basis points to 54.1%, driven by higher quality inventory, fewer discounts, and FX tailwinds. SG&A dollars were flat year over year. Adjusted operating margin was negative 3.2%, a 270 basis point improvement.
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Huron Consulting Group Q2 2025 Earnings Call - Record RBR and raised guidance as healthcare pressure fuels consulting demand, digital sales slow
Huron reported a milestone quarter, hitting record RBR of $402.5 million, driving management to raise full year RBR and EPS guidance while holding margin targets steady. Growth was broad based, led by...
- Record RBR of $402.5 million in Q2 2025, up 8.3% year over year; organic RBR growth was 4.2%.
- Management raised full year RBR guidance to $1.64 billion to $1.68 billion, and increased adjusted non-GAAP EPS guidance to $7.30 to $7.70, while keeping adjusted EBITDA margin guidance at 14.0% to 14.5% of RBR.
- Healthcare segment RBR was $197.8 million, ~49% of company RBR, with consulting/performance improvement strength offsetting softer digital sales conversions in some large transformation deals.
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Axalta Q2 2025 Earnings Call - Record EBITDA and EPS Despite Persistent Refinish Weakness; Stabilization Eyed in 2026
Axalta delivered a counterintuitive quarter, posting record adjusted EBITDA of $292 million and record adjusted diluted EPS of $0.64, even as consolidated net sales fell roughly 3% to about $1.3 billi...
- Record adjusted EBITDA of $292 million and record adjusted diluted EPS of $0.64 in Q2, despite a tougher top line environment.
- Consolidated net sales were about $1.3 billion, down approximately 3% year over year, driven by volume weakness in Performance Coatings.
- Adjusted EBITDA margin expanded 90 basis points year over year to 22.4%, marking the fifth straight quarter at or above the A Plan 21% margin target.
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