Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
BellRing Brands Q1 FY2026 Earnings Call - Narrowed Guidance as Insurgent Promotions and Whey Inflation Bite Margins
BellRing reported a steady Q1 but with clear wrinkles: net sales of $537 million, Adjusted EBITDA of $90 million, and consumption dynamics for Premier that lagged company hopes. Management narrowed fu...
- Q1 net sales $537 million, up 1% year over year, Adjusted EBITDA $90 million, margin 16.8%.
- Full-year net sales guidance narrowed to $2.41 billion to $2.46 billion, representing 4% to 6% growth.
- Adjusted EBITDA guidance lowered to $425 million to $440 million, implying roughly an 18% margin and a 300 basis point year over year margin decline at the midpoint.
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AudioCodes Q4 and Full Year 2025 Earnings Call - Voice AI growth accelerates, company pivots to AI-first hybrid cloud services
AudioCodes reported a muted top-line beat for Q4 2025 with revenues of $62.6 million, up 1.7% year over year, and full year revenues of $245.6 million, up 1.4%. Management pushed the narrative that th...
- Q4 2025 revenue $62.6 million, up 1.7% year over year; full year 2025 revenue $245.6 million, up 1.4% year over year.
- Conversational AI (Voice AI) revenue roughly $17 million for 2025, about 7% of total revenue, growing 35% year over year and roughly 50% in the second half.
- Management targets Voice AI to grow 40% to 50% annually and to reach approximately $50 million in revenue by 2028; they expect breakeven for that business in about two years.
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Flexsteel Industries Second Quarter Fiscal 2026 Earnings Call - Sales Lifted by Tariff Surcharges, H2 Margin Risk from Higher-Tariff Inventory
Flexsteel reported a solid Q2 with net sales of $118.2 million, up 9% year-over-year and marking the ninth consecutive quarter of sales growth. Operating income improved to $9.0 million, or a 7.6% mar...
- Net sales were $118.2 million in Q2 FY2026, up 9% year-over-year from $108.5 million, the ninth straight quarter of YoY sales growth.
- GAAP operating income was $9.0 million, a 7.6% operating margin. Versus adjusted prior-year results, operating income rose about 35%, or 150 basis points.
- Tariff surcharges materially boosted reported revenue, contributing roughly $9.0 to $10.0 million (management cited about $9.5 million) in the quarter.
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Fubo Q1 2026 Earnings Call - Hulu Live Deal Delivers Scale and Positive Pro Forma EBITDA, NBCU Silence Raises Renewal Risk
The first quarter as a combined company validated the deal thesis. On a trailing 12-month pro forma basis the combined Fubo and Hulu Live businesses generated $6.2 billion of revenue, ended the period...
- Combination validated strategic rationale: pro forma trailing 12-month revenue of $6.2 billion and 6.2 million North America subscribers establishes Fubo as a scaled pay TV player.
- Profitability improved sharply: reported Q1 net loss was $19.1 million, pro forma net loss narrowed to $46.4 million versus $130.4 million year ago, and pro forma adjusted EBITDA for the quarter was positive $41.4 million (trailing 12-month pro forma Adjusted EBITDA $77.9 million).
- Ad tech integration is priority one: Fubo inventory will migrate into the Disney Ad Server late in the quarter, management expects double-digit uplift in CPMs and fill rates and immediate advertising benefits once live.
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Gartner Q4 2025 Earnings Call - Transforming Insights to Reaccelerate Contract Value Growth
Gartner closed 2025 with a tidy beat across revenue, margins, EPS, and free cash flow, while laying out an aggressive, multi-year overhaul of its core business and technology insights franchise. Manag...
- Q4 2025 revenue was $1.8 billion, up 2% year-over-year as reported and flat FX neutral; full-year revenue was $6.5 billion, up 4% reported (3% FX neutral).
- Q4 adjusted EBITDA was $436 million, up 5% year-over-year (1% FX neutral); full-year EBITDA was $1.6 billion and EBITDA margins finished ~24.8% for 2025. Q4 EBITDA margin was 24.9%.
- Adjusted EPS was $3.94 in Q4 and $13.17 for full-year 2025. Q4 free cash flow was $271 million; full-year free cash flow was $1.2 billion. Rolling-four-quarter FCF was 161% of GAAP net income (adjusted to 136% excluding two one-time items).
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PayPal Q4 2025 Earnings Call - Execution Reset as Branded Checkout Stalls, Venmo and PSP Provide Offset
PayPal delivered a mixed quarter, with clear wins and a glaring execution problem. Venmo, PSP and BNPL grew strongly and drove profitability, but online branded checkout slowed sharply, prompting a le...
- Leadership change: Board appointed Enrique Lores as PayPal CEO effective March 1 to accelerate execution, citing slow rollout and subpar operational discipline; Jamie will serve as interim CEO through the transition.
- Branded checkout underperformance is the central issue: online branded checkout TPV grew just 1% currency-neutral in Q4, decelerating 4 points from Q3, concentrated in U.S. retail, Germany, and high-growth verticals like travel, ticketing, crypto, and gaming.
- Management attributes much of the branded shortfall to execution and deployment, not product concept: largest merchants require hands-on integration, and prior rollouts often lacked simultaneous biometric enablement.
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NXP Semiconductors Q4 2025 Earnings Call - Reacceleration into 2026 with MEMS divestiture and RF exit sharpening focus
NXP closed Q4 with a clean beat and momentum that management says validates the strategic pivot into software-defined vehicles and physical AI. Revenue was $3.34 billion, up 7% year over year and 5% s...
- Q4 results beat guidance: revenue $3.34B, +7% Y/Y and +5% Q/Q; non-GAAP EPS $3.35, $0.07 ahead of midpoint.
- Q1 2026 guide improved vs 90 days ago: revenue $3.15B ± $100M, up 11% Y/Y and seasonally down ~6% sequentially.
- Company says inventory digestion is largely behind it, moving channel target from 10 weeks to a long-term 11 weeks in 2026.
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Rithm Capital Q4 2025 Earnings Call - Diversified platform hits record EAD as acquisitions and tech bets set stage for scale
Rithm reported a strong 2025 driven by a diversified mix of mortgage origination, servicing, credit and newly acquired real estate assets. The firm now manages over $100 billion of investable assets, ...
- Rithm now manages over $100 billion in investable assets across its platform, split roughly between $63 billion of Rithm asset management AUM and $53 billion balance sheet business.
- Earnings available for distribution (EAD) for fiscal 2025 were $2.35 per diluted share, up 12% year-over-year; Q4 EAD was $0.74 per diluted share (24% ROE).
- GAAP net income for 2025 was $567 million, or $1.04 per diluted share, with GAAP return on equity of roughly 8% for the year; Q4 GAAP net income was $53 million ($0.09 per diluted share).
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PepsiCo Q4 2025 Earnings Call - Surgical affordability push to lift PFMA volume and margins
PepsiCo spent the call laying out a clear, deliberate playbook: lean into affordability in its food business, restage big brands, and fund those moves with productivity gains. Management says tests ac...
- Company will accelerate targeted affordability investments in PFMA (Frito-Lay North America) in H1 2026, funded by productivity gains recorded in Q4 2025.
- PepsiCo expects PFMA to deliver volume growth, net revenue growth, and operating margin expansion in 2026 despite price reinvestments.
- Management reported double-digit average shelf-space gains for Frito-Lay at grocery resets (main aisle and perimeter) starting March/April, driven by price and space strategies.
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Atkore Q1 FY2026 Earnings Call - Strong start, productivity lifts offset early price pressure but guidance unchanged
Atkore opened fiscal 2026 with a beat, reporting Q1 net sales of $656 million, adjusted EBITDA of $69 million, and adjusted EPS of $0.83, all above the company outlook. The quarter was driven by a 2% ...
- Q1 results beat outlook: net sales $656 million, adjusted EBITDA $69 million, adjusted EPS $0.83 (prior year $1.63).
- Organic volume up 2% year-over-year, driven by metal electrical conduit and plastic pipe conduit, supported by healthy non-residential demand.
- Average selling prices declined 3% in Q1, most of the decline driven by PVC conduit, partially offset by higher steel conduit prices.
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