Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

CERT November 6, 2025

Certara Q3 2025 Earnings Call - Navigating Tier One Service Slowdowns Amid Software and QSP Growth

Certara reported solid Q3 results with $104.6 million in revenue, up 10% year-over-year, led by robust software growth and operational efficiency. However, cautious spending and delayed deal completio...

  • Certara's Q3 2025 revenue was $104.6 million with 10% year-over-year growth, meeting expectations.
  • Adjusted EBITDA totaled $35.2 million, reaching a 34% margin and surpassing profitability expectations.
  • Bookings of $96.6 million grew only 1%, reflecting cautious Tier 1 customer spending and delayed deal timelines.
  • +12 more takeaways
TCX November 6, 2025

Tucows Q3 2025 Earnings Call - Strong Domain and WaveLow Growth Offset Ting's Transition and CEO Departure

Tucows reported steady top-line growth with revenue up 7% year-over-year in Q3 2025, driven by strong performances in its Domains and WaveLow segments. Adjusted EBITDA surged 53% to $13.3 million, bri...

  • Tucows achieved 7% year-over-year revenue growth and 53% adjusted EBITDA growth to $13.3 million in Q3 2025.
  • Domains segment revenue increased 5% with a 7% gross margin expansion, adjusted EBITDA rose 5%, driven by wholesale reseller demand and value-added services.
  • Domains under management and transaction volumes dropped 9-10% due to a large wholesale customer migrating domains in-house; impact expected to conclude in Q4 2025.
  • +9 more takeaways
INSG November 6, 2025

Inseego Q3 2025 Earnings Call - FWA Drives Revenue Growth Amid Strategic Expansion

Inseego posted a solid Q3 2025 with revenues of $45.9 million and adjusted EBITDA of $5.8 million, surpassing guidance in the company's second consecutive quarter of sequential growth. Fixed Wireless ...

  • Q3 revenue reached $45.9 million with adjusted EBITDA of $5.8 million, beating guidance and marking sequential growth.
  • FWA shipment volumes grew over 50% year-over-year, surpassing mobile hotspot revenue for the third time in company history.
  • Inseego added a third Tier 1 U.S. carrier, diversifying carrier partnerships and expanding revenue channels from late Q4 onward.
  • +12 more takeaways
SG November 6, 2025

Sweetgreen Incorporated Q3 2025 Earnings Call - Navigating Tough Comps with Operational and Brand Revamp

Sweetgreen reported Q3 2025 sales of $172.4 million, showing a 9.5% same-store sales decline and a $4.4 million adjusted EBITDA loss amid soft markets in the Northeast and Los Angeles and weakening sp...

  • Sweetgreen Q3 sales were $172.4 million, with same-store sales down 9.5%, impacted mainly by the Northeast and Los Angeles markets which account for 60% of the comp base.
  • Adjusted EBITDA saw a loss of $4.4 million versus a prior year profit of $6.8 million, reflecting softer traffic and mix, despite a 2.2% price increase benefit.
  • Operational improvements under new COO Jason Cochran include Project One Best Way and Sweetpath, boosting restaurants meeting standards from 33% to approximately 60%.
  • +12 more takeaways
HASI November 6, 2025

Hannon Armstrong Sustainable Infrastructure Capital Q3 2025 Earnings Call - Record Quarterly EPS Driven by Strategic Investments and Pipeline Growth

Hannon Armstrong Sustainable Infrastructure Capital reported its most profitable quarter ever in Q3 2025, with adjusted EPS soaring to $0.80. The strong performance reflected a diversified business mo...

  • Hannon Armstrong achieved its highest ever quarterly adjusted EPS of $0.80 in Q3 2025, driven by strong revenue growth.
  • The company’s adjusted recurring net investment income increased 27% year-to-date, reflecting earnings from existing and new assets.
  • Managed assets grew 15% year-over-year to $15 billion, supported by balance sheet and off-balance sheet vehicles.
  • +13 more takeaways
AFRM November 6, 2025

Affirm Holdings Q1 FY2026 Earnings Call - Solid Execution and Long-Term Amazon Renewal Highlight Growth and Resilience

Affirm Holdings delivered a robust Q1 FY2026, marked by a successful extension of its U.S. partnership with Amazon through 2031 and continued strong capital markets execution, despite sector-wide fund...

  • Affirm extended its U.S. agreement with Amazon for five more years, solidifying a key partnership through January 2031, underscoring mutual satisfaction and long-term collaboration.
  • The company demonstrated impressive execution in the asset-backed securities (ABS) market, expanding relationships with blue-chip institutional investors despite challenging funding environments.
  • Point-of-sale (POS) integrations through Payment Service Providers (PSPs) like WorldPay are crucial for scaling Affirm’s reach efficiently, enabling faster integrations and broader merchant access.
  • +7 more takeaways
SOUN November 6, 2025

SoundHound Q3 2025 Earnings Call - Accelerating Enterprise AI Growth and Launching Voice Commerce

SoundHound reported a strong third-quarter 2025 performance with $42 million in revenue, up 68% year over year, contributing to a record $114 million revenue for the first nine months, a 127% increase...

  • SoundHound achieved Q3 revenue of $42 million, up 68% year over year, with 2025 YTD revenue at $114 million, up 127%.
  • The company raised its 2025 revenue outlook to $165-$180 million, anticipating adjusted EBITDA profitability at the high end of Q4 guidance.
  • Polaris, SoundHound’s multimodal multilingual foundation model, reduces error rates by up to three times compared to third-party solutions, driving cost and engineering efficiencies.
  • +12 more takeaways
STEP November 6, 2025

StepStone Group Q2 2026 Earnings Call - Private Wealth Platform Surges to Record $2.4 Billion Subscriptions

StepStone Group reported a mixed Q2 2026 with a large GAAP net loss of $366 million driven by accounting for Private Wealth profit interests offset by record growth in core fee-related earnings and st...

  • StepStone reported a GAAP net loss of $366 million due to fair value changes in Private Wealth profit interests, planned to be accretive when exercising call options in 2027.
  • Core fee-related earnings grew 34% year-over-year to $78 million, excluding low retroactive fees this quarter.
  • Private Wealth platform subscriptions hit a record $2.4 billion, nearly double previous quarters.
  • +16 more takeaways
TRC November 6, 2025

Tejon Ranch Company Q3 2025 Earnings Call - Strong Farming Recovery and Strategic Focus on TRCC Amid Cash Flow Challenges

Tejon Ranch's first ever earnings call unveiled a cautious optimism rooted in a strong farming rebound and steady leasing momentum at its industrial and commercial assets. Farming revenues surged over...

  • Tejon Ranch hosted its first-ever quarterly earnings call, emphasizing transparency and investor engagement.
  • Farming operations surged with revenues up over 50%, reversing previous year losses tied to poor weather and crop yields.
  • The Tejon Ranch Commerce Center (TRCC) maintained 100% industrial leasing and 95% commercial occupancy, with rents rising and a costly advantage over Inland Empire West.
  • +13 more takeaways
NRDY November 6, 2025

Nerdy Inc. Q3 2025 Earnings Call - AI-Driven Tech Overhaul Delays Growth Inflection but Boosts Operational Efficiency

Nerdy Inc. reported Q3 2025 revenues of $37 million, a slight year-over-year decline driven by lower institutional sales and product launch delays impacting the critical back-to-school season. CEO Chu...

  • Nerdy missed back-to-school growth inflection as product launch delays exposed legacy system technical debt.
  • CEO led an AI-native software rebuild, promising 10x faster product velocity and a unified user experience by November.
  • New platform cut Live Learning Platform audio-video errors by 50% and achieved nearly 40% session cost savings.
  • +12 more takeaways