Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

MAPS November 6, 2025

WM Technology Q3 2025 Earnings Call - Navigating Price Compression and Regulatory Headwinds Amid Industry Consolidation

WM Technology reported Q3 revenue of $42.2 million, down 9% year-over-year but in line with company guidance. Price and margin compression continue to weigh heavily, particularly in key mature markets...

  • Q3 revenue of $42.2 million declined 9% year-over-year but met company expectations.
  • Price compression is severe: California average flower prices down ~9%, Michigan down >20% year-over-year.
  • New regulatory fees are compounding market stress; Michigan added a 24% wholesale excise tax on top of existing taxes.
  • +12 more takeaways
TNDM November 6, 2025

Tandem Diabetes Care Q3 2025 Earnings Call - Strategic Transformation Drives Record Sales and Margin Expansion

Tandem Diabetes Care reported a strong third quarter in 2025, marked by record sales of $249 million and key strategic advances in modernizing commercial operations, driving innovation, and reshaping ...

  • Tandem achieved record Q3 sales at $249 million, driven by pricing increases and favorable currency.
  • U.S. sales hit $176 million, with pump shipments over 20,000; renewals track above 70% of eligible customers within 18 months.
  • Pharmacy coverage for Tandem Mobi surpassed 40% of U.S. lives, with contracts signed with all major PBMs.
  • +13 more takeaways
VSTA November 6, 2025

Vasta Platform Q3 2025 Earnings Call - Sustained Double-Digit Growth With Strong Cash Flow and Strategic Expansion

Vasta Platform closed its 2025 sales cycle on a high note, posting 14.3% subscription revenue growth and 13.6% net revenue increase, marking the fourth consecutive year of double-digit growth. The com...

  • Vasta Platform’s subscription revenue grew 14.3% in 2025 sales cycle, driven by BRL 1.552 billion ACV bookings.
  • Net revenue rose 13.6% year-over-year to BRL 1.737 billion, reflecting sustained core business strength.
  • Complementary solutions grew at a faster pace, up 25.3% year-over-year, expanding product ecosystem.
  • +9 more takeaways
AAOI November 6, 2025

Applied Optoelectronics 3Q 2025 Earnings Call - Record CATV Revenue Offsets Data Center Timing Delays, 800G Shipment Imminent

Applied Optoelectronics reported its highest quarterly revenue ever at $118.6 million in Q3 2025, driven by exceptional demand in the CATV segment which tripled year-over-year to $70.6 million and ros...

  • Applied Optoelectronics achieved a record quarterly revenue of $118.6 million in Q3 2025, hitting the high end of guidance.
  • CATV revenue more than tripled year-over-year to $70.6 million, growing 26% sequentially due to strong demand for 1.8 GHz amplifiers and new customer additions.
  • Data center segment revenue was $43.9 million, up 7% YoY but down slightly sequentially, impacted by $6.6 million in 400G shipments delayed past quarter-end recognition.
  • +17 more takeaways
OMDA November 6, 2025

Omada Health Q3 2025 Earnings Call - Strategic Expansion into GLP-1 Prescribing and Sustained Multi-Condition Growth

Omada Health reported robust third-quarter 2025 results highlighted by a 53% year-over-year membership increase to 831,000 and a 49% rise in revenue to $68 million. The company achieved its first posi...

  • Omada’s Q3 2025 membership surged 53% year-over-year to 831,000, driven by GLP-1 program growth and multi-condition adoption.
  • Revenue increased 49% year-over-year to $68 million, reflecting strong topline momentum and marketing efficiency.
  • The company reported its first positive adjusted EBIT quarter with $2 million profit, narrowing net loss to $3 million from $9 million the prior year.
  • +12 more takeaways
ORGO November 6, 2025

Organogenesis Holdings Q3 2025 Earnings Call - Strong Revenue Beat Driven by Advanced Wound Care Growth Amid CMS PFS Reform

Organogenesis Holdings delivered a robust third quarter in 2025, surpassing revenue expectations with a 31% year-over-year surge in advanced wound care sales and a 25% rise in surgical and sports medi...

  • Organogenesis exceeded Q3 revenue guidance, with a 31% year-over-year increase in advanced wound care sales and 25% growth in surgical and sports medicine products.
  • CMS finalized the 2026 Medicare physician fee schedule, introducing skin substitute classifications based on FDA regulatory status and a per square centimeter payment method.
  • The new CMS policy excludes over 200 skin substitute products from coverage, effectively narrowing competition and expanding access for PMA products from companies like Organogenesis.
  • +16 more takeaways
FIVN November 6, 2025

Five9 Q3 2025 Earnings Call - Enterprise AI Bookings Surge Amid Transition and Expansion Challenges

Five9 reported a solid third quarter of 2025 with 8% revenue growth to $286 million, driven primarily by a 41% year-over-year increase in enterprise AI revenue, now comprising 11% of enterprise subscr...

  • Five9 reported Q3 2025 revenue of $286 million, up 8% year-over-year, with subscription revenue growing 10%.
  • Enterprise AI revenue surged 41% year-over-year, representing 11% of enterprise subscription revenue.
  • Adjusted EBITDA margin reached a record 25%, up 530 basis points year-over-year, reflecting operational improvements and transformation initiatives.
  • +12 more takeaways
WYNN November 6, 2025

Wynn Resorts Q3 2025 Earnings Call - Strong Global Growth Fueled by Premium Gaming and Strategic UAE Expansion

Wynn Resorts delivered robust third quarter 2025 results, posting double-digit revenue growth and EBITDA gains across key markets: Las Vegas, Boston, Macau, and its promising UAE project. Las Vegas sa...

  • Wynn Las Vegas posted a 3% hold-adjusted EBITDA increase to $211 million, with casino revenues up 10%, and set an all-time monthly EBITDA record in August.
  • The property is prioritizing rate over occupancy, accepting lower occupancy to preserve average daily rates (ADR) and maximize profitability.
  • Group and convention business in Las Vegas is growing for 2026, despite a temporary 80,000 room night loss due to the Encore Tower remodel starting in spring.
  • +12 more takeaways
VEL November 6, 2025

Velocity Financial Q3 2025 Earnings Call - Record Loan Production and Strategic Funding Diversification Mark Growth

Velocity Financial surged in Q3 2025, hitting record pre-tax earnings up 66.5% and loan production of $739 million, showcasing robust demand and market strength. The company maintained disciplined cre...

  • Velocity achieved record pre-tax earnings in Q3 2025, up 66.5% year-over-year, reflecting strong operational performance.
  • Loan production hit a new high at $739 million, surpassing the previous quarter's $725 million.
  • New loan applications exceeded $1.4 billion, confirming sustained market demand and expanded reach.
  • +9 more takeaways
PAR November 6, 2025

PAR Technology 2025 Third Quarter Earnings Call - Strong ARR Growth and AI-Driven Platform Momentum Propel Future Confidence

PAR Technology reported a robust Q3 2025 with revenue up 23% year over year to $119 million, driven by subscription service growth and hardware sales. ARR reached $298.4 million, up 15% organically, s...

  • Q3 2025 revenue was $119 million, a 23% increase year over year, fueled by software subscriptions and hardware sales growth.
  • ARR ended Q3 at $298.4 million, up 15% organically, with strong contributions from Operator Cloud (+31% YoY) and Engagement Cloud (+16% YoY).
  • Adjusted EBITDA reached $5.8 million (or $6.6 million excluding non-period costs), continuing an upward trend in profitability and cash flow.
  • +12 more takeaways