Earnings Call Transcripts
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All Earnings Calls
Commvault Q3 Fiscal 2026 Earnings Call - Unity Launch and SaaS Surge Lift ARR, Revenue, and FY26 Guidance
Commvault delivered a strong Q3 as subscription and SaaS momentum powered ARR, revenue, and an upgraded fiscal 2026 outlook. Subscription revenue jumped 30% to $206 million, SaaS ARR grew 40% to $364 ...
- Q3 revenue accelerated 19% year over year to $314 million, driven by subscription revenue growth of 30% to $206 million.
- Subscription ARR rose 28% year over year to $941 million, total ARR climbed 22% to $1.085 billion, and SaaS ARR grew 40% to $364 million.
- Commvault added roughly 700 net new subscription customers in the quarter, ending Q3 with over 14,000 subscription customers and a SaaS install base exceeding 9,000.
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Qorvo Third Quarter 2026 Earnings Call - Android Exit Shrinks Revenue, Shifts Mix Toward Higher‑Margin Defense, Targeting >50% Gross Margin
Qorvo reported a steady December quarter with $993 million in revenue, a 49.1% non-GAAP gross margin, and $2.17 of non-GAAP diluted EPS, while laying out a deliberate, short-term hit to top line in pu...
- Q3 fiscal 2026 results: revenue $993 million, non-GAAP gross margin 49.1%, non-GAAP diluted EPS $2.17.
- Largest customer accounted for ~53% of revenue in the quarter; management expects that customer’s revenue to be approximately flat in the upcoming fiscal year.
- Qorvo is deliberately reducing exposure to low-margin, mass-tier Android, expecting approximately $300 million of Android revenue decline in fiscal 2027 versus fiscal 2026.
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Northeast Bank Q2 FY2026 Earnings Call - Nearly $900M of Loan Adds Set Up NII Lift Next Quarter
Northeast Bank turned in a solid quarter punctuated not by immediate profit fireworks but by an aggressive balance sheet build. Management added roughly $900 million of loans in Q2, split between $575...
- Total loans added in Q2 were just under $900 million, comprising $575 million UPB of purchased loans (purchase price $532 million, or 92.6% of UPB) and $252 million of originated loans.
- Purchased portfolios carried a weighted average yield to maturity of 10.8% and were concentrated geographically in New York and New Jersey.
- Record originations of $252 million had a weighted average origination rate of 7.6%, average loan size about $7.5 million, and average LTVs just over 50%.
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NBT Bancorp Fourth Quarter 2025 Earnings Call - Operating leverage, margin resilience and diversified revenue lift post-Evans
NBT closed 2025 with measurable operating leverage and clearer upside from its non-bank businesses, helped by the Evans Bancorp acquisition. Q4 net income was $55.5 million, core operating EPS $1.05, ...
- Operating metrics: Operating return on assets was 1.37% for the second consecutive quarter and return on tangible equity was 17.02%.
- Earnings and EPS: Net income for Q4 was $55.5 million, or $1.06 per diluted share; core operating EPS excluding acquisition items and securities gains was $1.05, flat with the prior quarter.
- Tangible book up: Tangible book value per share finished at $26.54, an 11% increase year-over-year.
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W. R. Berkley Corporation Q4 and Full Year 2025 Earnings Call - Record 2025, returning capital while navigating softening pricing in auto liability and property cat
Berkley closed 2025 with record results, driven by stronger underwriting, rising investment income, and tight expense control. Q4 operating earnings were $450 million, pre-tax underwriting income hit ...
- Record full-year performance: 2025 net income $1.8 billion, underwriting income $1.2 billion, net investment income $1.4 billion.
- Q4 operating earnings of $450 million, or $1.13 per share, with a 21.4% return on beginning of year equity.
- Quarterly pre-tax underwriting income of $338 million, helped by rate improvement, lower catastrophe losses, and expense discipline.
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UnitedHealth Group Q4 2025 Earnings Call - Major Optum charge and aggressive right‑sizing set stage for 2026 margin recovery
UnitedHealth reported adjusted EPS of $16.35 for full‑year 2025, slightly ahead of expectations, but the quarter carried a $1.6 billion net‑of‑tax charge tied mostly to Optum restructuring, cyber‑atta...
- Adjusted EPS for full‑year 2025 was $16.35, slightly above expectations. Wayne guided adjusted EPS > $17.75 for 2026, implying at least 8.6% growth.
- Company recorded a $1.6 billion net‑of‑tax quarter charge (largely non‑cash), comprising cyber‑attack true‑ups (~$800M net collection expectations), a ~$440M portfolio optimization net gain, and ~$2.5B restructuring/contract/reassessment actions (including a ~$625M lost contract reserve).
- UnitedHealthcare will intentionally shrink to improve margins: total expected membership contraction of 2.3–2.8 million in 2026, including Medicare Advantage losses of 1.3–1.4 million and Medicaid contraction of ~565k–715k.
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American Airlines Group Q4 and Full Year 2025 Earnings Call - Historic Winter Storm Fern, but bookings and balance sheet momentum point to 2026 rebound
American closed 2025 with a weather-battered finish, reporting Q4 adjusted EPS of $0.16 and full-year adjusted EPS of $0.36, results held down by a prolonged government shutdown and the largest weathe...
- American reported Q4 adjusted EPS of $0.16 and full-year adjusted EPS of $0.36, below prior guidance largely due to a government shutdown that reduced revenue by about $325 million.
- Winter Storm Fern caused more than 9,000 cancellations, the largest weather-related operational disruption in American’s history, and management expects at least two more days of elevated cancellations before normal operations resume.
- Management estimated the direct revenue impact of Winter Storm Fern to be $150 million to $200 million in Q1, with an approximate 1.5 percentage point hit to first-quarter capacity and CASM ex Fuel ex Profit Sharing.
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First Merchants Corporation Fourth Quarter 2025 Earnings Call - Record earnings, mid-single digit loan growth and First Savings deal closing Feb 1, 2026
First Merchants closed 2025 with the kind of numbers that quiet skeptics and give investors options. The bank reported record assets of $19.0 billion, loans of $13.8 billion and deposits of $15.3 bill...
- Record full-year results: 2025 net income $224.1 million and diluted EPS $3.88, up 13.8% year over year; Q4 net income $56.6 million, $0.99 per share.
- Balance sheet growth: total assets $19.0 billion, total loans $13.8 billion, and total deposits $15.3 billion at year-end.
- Loan momentum: Q4 linked-quarter loan growth $197 million (5.8% annualized); full-year loan growth $939 million or 7.3%; management expects mid-single digit loan growth for 2026.
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Synchrony Financial Fourth Quarter 2025 Earnings Call - Mid-single-digit receivables growth guide as credit returns to target
Synchrony closed 2025 with a clean set of numbers: $751 million in Q4 net earnings, robust purchase volume and credit metrics that pushed net charge-offs back inside the company’s long-term target. Ma...
- Q4 net earnings were $751 million, or $2.04 diluted EPS, including a $0.14 per share restructuring charge related to a voluntary early retirement program.
- Full-year 2025 net earnings were $3.6 billion, or $9.28 per diluted share; company guides 2026 EPS to $9.10–$9.50.
- Purchase volume hit a Q4 record of $49 billion, up 3% year-over-year; 2025 total sales for partners exceeded $182 billion.
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UPS Fourth Quarter 2025 Earnings Call - Amazon Glide-Down and Network Reconfiguration Set Up First-Half Pain, Second-Half Recovery
UPS closed 2025 with firm execution and an unmistakable roadmap: shrink and reshape the U.S. network, automate aggressively, and trade off short-term pain for long-term margin gains. Q4 revenue was $2...
- Q4 2025 consolidated revenue $24.5 billion, operating profit $2.9 billion, operating margin 11.8%.
- Full-year 2025 revenue $88.7 billion, operating profit $8.7 billion, operating margin 9.8%.
- UPS booked total Q4 GAAP charges of $238 million, including a non-cash after-tax $137 million write-off for the MD-11 fleet and $101 million in transformation charges.
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