Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

MTSI May 7, 2026

MACOM Fiscal Q2 2026 Earnings Call - Record Backlog and Data Center Growth Accelerate

MACOM delivered a quarter defined by relentless momentum. Revenue hit $289 million, up 22% year-over-year, while adjusted EPS reached $1.09. The book-to-bill ratio of 1.5 to 1 set a company record, si...

  • Revenue for fiscal Q2 2026 reached $289 million, a 22% year-over-year increase and a sequential improvement of 6.4%
  • Adjusted earnings per share came in at $1.09, up from $1.02 in Q1, reflecting strong operational leverage
  • The book-to-bill ratio hit a record 1.5 to 1, with orders booked and shipped within the quarter representing 18% of total revenue
  • +7 more takeaways
AAON May 7, 2026

AAON Q1 2026 Earnings Call - Record Sales and 37% EPS Growth Driven by Data Center Demand

AAON delivered a record first quarter with net sales surging 54% year-over-year to $496.9 million, driven by explosive demand in its BASX data center thermal management segment. Sales grew 72% at BASX...

  • Net sales surged 54% year-over-year to a record $496.9 million, with BASX sales growing 72% and AAON brand sales rising 42%.
  • Book-to-bill ratio remained well above one, driving total backlog to a record $2.1 billion, more than double the prior year level.
  • Diluted EPS grew 37% to $0.48, reflecting strong earnings expansion despite near-term margin headwinds.
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CNQ May 7, 2026

Canadian Natural Resources Q1 2026 Earnings Call - Record Production and Accelerated Shareholder Returns

Canadian Natural Resources delivered another quarter of record-breaking operational execution, averaging 1.64 million BOEs per day in Q1 2026. The company’s oil sands and conventional assets continue ...

  • Q1 2026 production averaged approximately 1.643 million BOEs per day, representing a 6.4% year-over-year volume increase and setting new quarterly records across North American E&P liquids, Jackfish, and natural gas.
  • Liquids production hit 1.198 million barrels per day, with SCO, light crude, and NGLs accounting for 66% of the mix, benefiting from a forward strip SCO premium of approximately US$5.70 per barrel over WTI.
  • Jackfish production exceeded its 120,000 barrel per day nameplate capacity by 14,000 barrels per day, driven by the successful ramp-up of the Pike One pads and facility debottlenecking.
  • +9 more takeaways
INSW May 7, 2026

International Seaways Q1 2026 Earnings Call - Record $4.55 Dividend Signals Cash-Generation Power Amid Hormuz Disruption

International Seaways delivered a record first quarter, posting $286 million in net income and declaring a massive $4.55 per share dividend, more than doubling its previous payout. The company is capi...

  • Record Q1 2026 net income of $286 million ($5.75 diluted share), with adjusted net income of $194 million ($3.90 share) and adjusted EBITDA of $244 million.
  • Management declared a record $4.55 per share dividend, comprising an 85% payout ratio commitment and a discretionary amount, marking over $1.3 billion returned to shareholders since 2020.
  • Sold seven older vessels for $216 million as part of ongoing fleet optimization, replacing aging tonnage with new LR1 deliveries (two in 2026, two in Q3).
  • +9 more takeaways
MDA May 7, 2026

MDA Space Q1 2026 Earnings Call - IPO Capital Fuels Defense & Satellite Growth

MDA Space delivered a robust Q1 2026, posting 32% year-over-year revenue growth to CAD 464 million and a 19.5% adjusted EBITDA margin. The quarter was defined by the successful U.S. IPO, which injecte...

  • Q1 2026 revenue surged 32% year-over-year to CAD 464 million, driven by strong performance across all three business segments.
  • Adjusted EBITDA margin held steady at 19.5%, with adjusted EBITDA rising 32% to CAD 91 million.
  • The company successfully closed its U.S. IPO, raising $341 million USD and boosting total liquidity to CAD 1.2 billion.
  • +7 more takeaways
PAHC May 7, 2026

Phibro Animal Health Corporation Q3 2026 Earnings Call - Sales Surge Driven by Animal Health and New Sustainability Platform

Phibro Animal Health delivered a robust third quarter with net sales rising 10% to $383.5 million and adjusted EBITDA climbing 11% to $60 million. The Animal Health segment led the charge with a 13% s...

  • Net sales increased 10% to $383.5 million, driven by a 13% jump in Animal Health segment sales.
  • Adjusted EBITDA rose 11% to $60 million, with Animal Health adjusted EBITDA up 13%.
  • Animal Health segment benefited from 25% growth in the new MFA business and 16% vaccine sales growth.
  • +12 more takeaways
AMPX May 7, 2026

Amprius Technologies Q1 2026 Earnings Call - Revenue Surges as Defense & EV Orders Accelerate

Amprius Technologies delivered a record-breaking first quarter, with revenue jumping 153% year-over-year to $28.5 million, driven by surging demand for its silicon anode batteries in defense drones an...

  • Revenue hit $28.5 million in Q1 2026, up 153% year-over-year and 13% sequentially, reflecting accelerating demand across defense and mobility sectors.
  • Full-year revenue guidance raised to at least $130 million, up $5 million from prior forecast, driven by strong backlog and U.S. defense spending tailwinds.
  • Three major defense customers secured multi-million dollar contracts, including Kraus Hamdani Aerospace's $270 million Air Force contract and AeroVironment's $117 million Army deal, boosting future order visibility.
  • +7 more takeaways
SLNG May 7, 2026

Stabilis Solutions Q1 2026 Earnings Call - Transition Trough Gives Way to Data Center & Aerospace Growth

Stabilis Solutions reported a sharp but expected contraction in Q1 2026 as two large multi-year marine and behind-the-meter contracts expired, leaving a temporary revenue gap. Revenue fell 40% year-ov...

  • Q1 2026 revenue fell 40% YoY to $10.4 million due to the expiration of two large marine and behind-the-meter contracts in late 2025.
  • Adjusted EBITDA turned negative at -$0.7 million, excluding $1.5 million in non-recurring vessel charter costs that will be subchartered in Q2.
  • Aerospace and industrial end markets drove growth, with revenues up 31% and 26% respectively, offsetting the marine and power generation headwinds.
  • +7 more takeaways
UGI May 7, 2026

UGI Corporation Q2 2026 Earnings Call - Strategic Portfolio Sharpening and Data Center Growth

UGI Corporation reported a solid second quarter with adjusted diluted EPS of $2.09, down from $2.21 in the prior year period, primarily due to the absence of investment tax credits and higher interest...

  • Adjusted diluted EPS of $2.09 in Q2 2026, down from $2.21 year-over-year due to the absence of investment tax credits and higher interest expenses.
  • Reportable segment EBIT of $688 million, a slight decrease from $692 million in the prior year, but core EBIT growth was achieved through higher gas base rates at utilities and effective margin management.
  • Warmer weather negatively impacted global LPG volumes, yet UGI International generated strong free cash flow and maintained operating margins through currency translation benefits and disciplined cost management.
  • +7 more takeaways
EVRG May 7, 2026

Evergy Q1 2026 Earnings Call - Large Customer Momentum Drives Upward Revision in Load Growth and Capital Plans

Evergy delivered a strong first quarter, reporting adjusted earnings of $0.69 per share, well above prior year levels, driven by weather-normalized demand growth and the financial impact of new large ...

  • Evergy reported Q1 2026 adjusted earnings of $0.69 per share, significantly outperforming the $0.55 per share reported in Q1 2025, reflecting strong operational execution and favorable contract amendments.
  • Management announced the signing of a fifth large customer electric service agreement (ESA) for a new data center in Kansas Central, alongside favorable amendments to two existing contracts, boosting 2026 margins.
  • The company raised its long-term retail load growth forecast to 7-8% annually through 2030, up from a previous 6% estimate, driven by the acceleration of large customer demand and the LLPS tariff framework.
  • +7 more takeaways