Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

IHRT May 11, 2026

iHeartMedia Q1 2026 Earnings Call - Podcast Revenue Surges Amid Macro Headwinds and Cost Cuts

iHeartMedia delivered a mixed Q1 2026, with revenue growing 9.6% to $884 million, driven by a 27% surge in podcast revenue and strong digital audio growth. However, Adjusted EBITDA of $93 million miss...

  • Q1 2026 revenue of $884 million grew 9.6% year-over-year, exceeding guidance, with digital audio revenue up 18% to $327 million.
  • Podcast revenue surged 27% to $147 million, representing half of podcast revenue from local sales and driving digital audio growth.
  • Adjusted EBITDA of $93 million missed the $100 million guidance, primarily due to timing of non-cash marketing expenses and March softness from geopolitical uncertainty.
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KLTR May 11, 2026

Kaltura Q1 2026 Earnings Call - First Quarterly Operating Cash Flow and AI Pivot Gains Traction

Kaltura reported a strong first quarter for 2026, exceeding guidance on revenue and adjusted EBITDA while generating its first-ever positive first-quarter operating cash flow. Total revenue came in at...

  • Kaltura generated its first-ever positive first-quarter operating cash flow, a critical milestone for the company's financial discipline.
  • Total revenue for Q1 2026 was $44.6 million, down 5% year-over-year, but exceeded the high end of guidance ($42.6M-$43.4M).
  • Adjusted EBITDA surged 37% to $5.7 million, beating the high end of guidance ($2.3M-$3.3M) and marking the highest first-quarter result in company history.
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CVRX May 11, 2026

CVRx Q1 2026 Earnings Call - Reimbursement Hurdles Mask Strong Execution and Trial Progress

CVRx delivered a strong start to 2026, with Q1 revenue rising 20% to $14.8 million and U.S. sales jumping 22%. The company is executing on its core strategy: expanding its sales force, deepening adopt...

  • Q1 2026 revenue hit $14.8 million, up 20% year-over-year, with U.S. sales growing 22% to $13.7 million.
  • Gross margin expanded to 87%, up from 84%, driven by higher average selling prices and manufacturing efficiencies.
  • Management reiterated full-year 2026 revenue guidance of $63–$67 million, citing caution rather than a change in outlook.
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WBTN May 11, 2026

WEBTOON Entertainment Q1 2026 Earnings Call - Margin Expansion and Global Canvas Overhaul Signal Strategic Pivot

WEBTOON reported a 1.5% year-over-year revenue decline in Q1 2026, yet the market reaction should focus on the 390 basis point gross margin expansion and a narrowed net loss. The company is aggressive...

  • Revenue declined 1.5% year-over-year to $320.9 million, though constant currency revenue grew 0.2% within guidance range.
  • Gross margin expanded significantly by 390 basis points to 25.9%, driven by mix shift toward higher-margin advertising and paid content outside Korea.
  • Net loss narrowed sharply to $8.8 million from $22.0 million in the prior year, reflecting improved gross profit and cost discipline.
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BLNK May 11, 2026

Blink Charging Q1 2026 Earnings Call - Service Revenue Engine Drives 64% EBITDA Loss Reduction

Blink Charging reported a Q1 2026 where top-line revenue was essentially flat at $20.8 million, but the underlying economics are shifting decisively. The company's recurring and repeatable service rev...

  • Service revenue is the new growth engine, expanding 25% year-over-year to $13.3 million and validating Blink's pivot toward recurring, high-margin income streams.
  • Operating expenses were slashed by 35% year-over-year to $18.4 million, reflecting a completed structural cost reset that management insists is permanent.
  • Adjusted EBITDA loss improved dramatically by 64% to $5.1 million, marking a critical inflection point in the company's path to profitability.
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GETY May 11, 2026

Getty Images Holdings Q1 2026 Earnings Call - Subscribers Drop, Margins Compress, But Core Fundamentals Hold

Getty Images reported a messy first quarter where revenue growth stalled and profitability took a hit, but the underlying business remains intact. Revenue came in at $226.6 million, up just 1.1% repor...

  • Revenue came in at $226.6 million, up 1.1% reported but down 2.5% on a currency neutral basis, reflecting a challenging comparison and timing impacts.
  • Adjusted EBITDA fell 12.2% to $61.6 million, with margins compressing to 27.2% due to higher costs of revenue and elevated Winter Olympics coverage expenses.
  • Getty Images is deliberately discontinuing its iStock free trial program to improve subscriber quality, a decision that will suppress active subscriber counts and retention rates through Q3 2026.
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BZFD May 11, 2026

BuzzFeed Inc. Q1 2026 Earnings Call - Byron Allen Takes the Helm as Jonah Peretti Steps Down Amid Revenue Decline

BuzzFeed Inc. reported a sharp 12.4% drop in Q1 2026 revenue to $31.6 million, driven by a 19.8% plunge in advertising and a 32% collapse in commerce. The company posted a wider net loss of $15.1 mill...

  • Byron Allen will replace Jonah Peretti as CEO upon closing of the transaction agreement, expected within the month.
  • Jonah Peretti will step down as CEO and assume the role of President of BuzzFeed AI.
  • BuzzFeed reported Q1 2026 revenue of $31.6 million, a 12.4% year-over-year decline.
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COOK May 11, 2026

Traeger Q1 2026 Earnings Call - Tariff Refund Boosts EBITDA, Project Gravity Drives Discipline

Traeger delivered a solid first quarter, with revenue declining 34% to $94 million, but adjusted EBITDA of $17 million benefited significantly from a $12.4 million IEPA tariff refund. Excluding this o...

  • Revenue declined 34% to $94 million in Q1 2026, driven by difficult prior-year comparisons, pull-forward ordering ahead of tariffs, deliberate channel optimization under Project Gravity, and a mix shift toward lower-price grills.
  • Adjusted EBITDA of $17 million included a $12.4 million benefit from an IEPA tariff refund, raising full-year adjusted EBITDA guidance to $57-$67 million.
  • Project Gravity delivered $15 million in year-over-year operating expense reductions and a 31% reduction in inventory, generating $14.5 million in free cash flow.
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RLGT May 11, 2026

Radiant Logistics Q3 FY2026 Earnings Call - Domestic Capacity Tightening Signals Repricing, International Tariff & Conflict Headwinds Persist

Radiant Logistics reported a solid Q3 FY2026 with $7.8M in adjusted EBITDA despite a seasonally slow quarter, driven by a sharp divergence between domestic and international markets. Net income surged...

  • Radiant Logistics reported Q3 FY2026 adjusted EBITDA of $7.8M in the seasonally slowest quarter, with net income jumping 83.8% YoY to $4.7M, though adjusted EBITDA and adjusted net income declined 17.5% and 22.4% respectively year-over-year.
  • Domestic truckload and intermodal markets are showing early signs of a capacity-driven recovery, with spot rates, tender rejections, and driver headcount hitting multi-year lows, setting the stage for high single-digit rate increases on contract renewals.
  • International markets face compounded headwinds from a universal 10% U.S. import surcharge affecting over $1T in goods and physical disruptions to global shipping routes, including the closure of the Suez Canal and Strait of Hormuz.
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PRSO May 11, 2026

Peraso Inc Q1 2026 Earnings Call - Revenue Misses on Supply Chain Glitch, Defense Push Accelerates

Peraso delivered a lackluster first quarter, with revenue collapsing to $1 million as a major customer order slipped into Q2 and legacy memory chip sales evaporated. The company is navigating a famili...

  • Q1 revenue of $1 million missed expectations, driven by a delayed shipment from an Asian supplier and the phase-out of legacy memory ICs.
  • Fixed Wireless Access demand remains subdued due to memory chip shortages, though a new MikroTik partnership signals long-term potential.
  • Tactical communications is emerging as a high-growth vertical, with initial shipments for a drone identification system and field trials planned for August.
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