Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

CRAI May 7, 2026

Charles River Associates Q1 2026 Earnings Call - Record Revenue Driven by Broad-Based Growth and Antitrust Strength

Charles River Associates delivered its strongest quarter ever, with revenue climbing 10.5% year-over-year to $201 million and non-GAAP EBITDA margin holding at 11.5% despite a $13.8 million non-cash a...

  • Revenue reached a record $201 million, up 10.5% year-over-year, surpassing the previous quarterly high set in Q4 2025.
  • Non-GAAP EBITDA stood at $23.2 million, representing an 11.5% margin, though this figure includes a $13.8 million non-cash amortization charge from forgivable loans, which rose 53% year-over-year.
  • Eight of the company’s practices grew revenue year-over-year, with four—Energy, Finance, Forensic Services, and Life Sciences—posting double-digit growth.
  • +7 more takeaways
RYN May 7, 2026

Rayonier Inc Q1 2026 Earnings Call - Merger Integration Powers Through Strong Real Estate and Solar Land Upside

Rayonier Inc. delivered a solid first quarter for fiscal 2026, driven by the newly integrated PotlatchDeltic operations and a resilient real estate segment. The combined entity reported adjusted EBITD...

  • Rayonier Inc. reported Q1 2026 adjusted EBITDA of $94 million, up significantly from $27 million in the prior year, driven by the addition of PotlatchDeltic operations and strong real estate performance.
  • The merger with PotlatchDeltic closed ahead of schedule in late January, with management reporting on-track integration efforts and a commitment to achieving $40 million in annual run-rate synergies within 24 months.
  • Real estate segment revenue surged to $60 million in Q1, selling approximately 7,700 acres at an average price of $7,300 per acre, with adjusted EBITDA jumping to $46 million from $2 million year-over-year.
  • +7 more takeaways
MAGN May 7, 2026

Magnera Q2 2026 Earnings Call - Storms and Inflation Test Pricing Power, But Cash Flow Holds Strong

Magnera delivered Q2 2026 adjusted EBITDA of $90 million, in line with expectations after adjusting for winter storm disruptions that temporarily shut down 20 manufacturing sites across North America....

  • Adjusted EBITDA came in at $90 million, matching expectations after adjusting for weather-related disruptions.
  • Winter storms Fern and Hernando forced temporary shutdowns across 20 North American manufacturing sites, creating a $5 million EBITDA headwind.
  • Free cash flow reached $73 million, enabling $36 million in debt repayment and bringing H1 debt reduction to $63 million.
  • +7 more takeaways
CMT May 7, 2026

Core Molding Technologies Q1 2026 Earnings Call - Gross Margins Hit Decade High as CEO Transition and Mexico Expansion Drive Growth

Core Molding Technologies reported a mixed Q1 2026: revenue dipped 4.7% year-over-year due to a cyclical truck market downturn, but gross margins surged to 20.4%, the best in over a decade, driven by ...

  • Gross margins reached 20.4% in Q1 2026, the highest level in over a decade, driven by a strategic shift away from low-margin tooling revenue toward higher-margin product sales.
  • Total revenue declined 4.7% year-over-year, primarily reflecting the cyclical downturn in the medium and heavy-duty truck market, which now accounts for only 34% of product sales.
  • The company secured $17 million in new business awards, anchored by a $9 million per year, multi-year battery energy storage system project for grid infrastructure applications.
  • +7 more takeaways
CXT May 7, 2026

Crane NXT Q1 2026 Earnings Call - Antares Vision Acquisition Accelerates Growth, Maintains Full-Year EPS Guidance

Crane NXT delivered a strong start to 2026, reporting 17% total sales growth and 6% organic growth, driven by robust performance in its Security and Authentication Technologies (SAT) segment and the e...

  • Crane NXT reported Q1 2026 total sales of $388 million, up 17% year-over-year, with organic sales growth of approximately 6%.
  • The company completed the Antares Vision acquisition ahead of schedule, expanding its reach into the $3 billion life sciences and food and beverage markets.
  • Adjusted EBITDA margin increased 80 basis points to 19%, driven by volume flow-through in SAT and operational synergies in authentication.
  • +12 more takeaways
MIDD May 7, 2026

Middleby Q1 2026 Earnings Call - Record Organic Growth and Aggressive Capital Returns Ahead of Spin-Off

Middleby delivered a record first quarter with total revenue of $840 million and adjusted EPS of $2.16, significantly outpacing expectations. The commercial food service segment posted 8.1% organic gr...

  • Total revenue reached $840 million in Q1 2026, with adjusted EPS of $2.16, both exceeding consensus expectations.
  • Commercial food service revenue grew 8.1% organically to $616 million, driven by double-digit dealer growth and a turnaround in chain customer demand.
  • Food processing segment achieved record results with 25% organic revenue growth to $224 million and a backlog of $416 million, reflecting strong international expansion.
  • +7 more takeaways
WHD May 7, 2026

Cactus Inc. Q1 2026 Earnings Call - Margins Compressed by Middle East Conflict and Acquisition Accounting, but Spoolable Tech Hits Record International Revenues

Cactus delivered a solid Q1 2026 with $388M in revenue and $100M in adjusted EBITDA, driven by the first full quarter of the Cactus International acquisition and resilient domestic demand. However, th...

  • Total Q1 revenue reached $388M and adjusted EBITDA hit $100M, both up sequentially primarily due to the first full quarter of Cactus International ownership.
  • Pressure control revenues surged nearly 70% to $300M, but operating margins fell 930 basis points year-over-year due to the lower-margin Cactus International results and $19M in non-cash purchase price accounting adjustments.
  • Spoolable technologies delivered a record quarter with $90M in revenue and record international revenues, buoyed by strength in the Middle East and Latin America.
  • +7 more takeaways
AUGO May 7, 2026

Aura Minerals Q1 2026 Earnings Call - Record EBITDA and Production Growth Offset by MSG Turnaround Costs

Aura Minerals delivered a record first quarter in 2026, driven by higher gold prices and the full consolidation of the MSG mine. Revenue hit $383 million and adjusted EBITDA reached a new quarterly hi...

  • Record Q1 2026 production of 82,100 gold-equivalent ounces, with full-year guidance raised to 340,000–390,000 ounces.
  • Adjusted EBITDA surged to $244 million, a three-fold increase year-over-year, driven by higher gold prices and consolidated MSG operations.
  • All-in sustaining costs rose to $1,829 per ounce, primarily due to MSG’s underground turnaround; management expects costs to decline in H2 2026.
  • +7 more takeaways
TGLS May 7, 2026

Tecnoglass Inc. Q1 2026 Earnings Call - Record Backlog and Tariff Strategy Drive Margin Mix Shift

Tecnoglass reported a record $249 million in Q1 2026 revenue, a 12% year-over-year increase, driven by a 20.4% surge in multifamily and commercial sales. However, adjusted EBITDA margins contracted to...

  • Q1 2026 revenue reached a record $249 million, up 12% year-over-year, fueled by a 20.4% surge in multifamily and commercial segments.
  • Backlog hit an all-time high of $1.36 billion, representing a 19.1% year-over-year increase, with a 1.3x book-to-bill ratio extending a 21-quarter streak above 1.1x.
  • Adjusted EBITDA margin contracted to 24.7% from 31.6% in the prior year quarter, driven by a 48% year-over-year increase in global aluminum costs and a 12% appreciation of the Colombian peso.
  • +7 more takeaways
LEE May 7, 2026

Lee Enterprises FY2026 Q2 Earnings Call - Adjusted EBITDA Nearly Doubles as Digital Revenue Surpasses Print

Lee Enterprises delivered a sharp turnaround in its second quarter of fiscal 2026, with adjusted EBITDA nearly doubling year-over-year to $15 million. The growth was driven by aggressive cost cutting,...

  • Adjusted EBITDA nearly doubled year-over-year to $15 million in Q2 FY2026, with margins expanding 670 basis points.
  • Digital revenue now represents 56% of total company revenue, up 270 basis points year-over-year, and accounts for 74% of total advertising revenue.
  • Cash costs declined 15% ($19 million) year-over-year, driven by significant reductions in SG&A and legacy print expenses.
  • +7 more takeaways