Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

CDRO May 7, 2026

Codere Online Q1 2026 Earnings Call - EBITDA Surges as Mexico and Spain Drive Top-Line Growth and Margin Expansion

Codere Online delivered a strong start to 2026 with Q1 net gaming revenue up 13% year-over-year to EUR 64.4 million, driven by robust growth in its core markets of Mexico and Spain. The company report...

  • Q1 2026 net gaming revenue reached EUR 64.4 million, a 13% year-over-year increase and 6% sequential growth, confirming momentum from late 2025.
  • Adjusted EBITDA surged to EUR 6 million from EUR 1.8 million in Q1 2025, reflecting a significant margin expansion to approximately 9%.
  • Mexico remains the largest market, contributing 53% of LTM NGR with EUR 34.6 million in Q1, up 13.4% year-over-year.
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DDOG May 7, 2026

Datadog Q1 2026 Earnings Call - Record Revenue Acceleration and AI Training Expansion

Datadog delivered a blowout first quarter, posting $1.01 billion in revenue, a 32% year-over-year acceleration that cleared the high end of guidance. The company added a record $53 million in sequenti...

  • Total revenue reached $1.01 billion, up 32% year-over-year and above the high end of guidance.
  • Sequential revenue growth hit a record $53 million, the highest Q1 add in company history.
  • Non-AI customer revenue growth accelerated to the mid-20s%, signaling broad cloud migration and AI adoption beyond pure AI-native firms.
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MSGE May 7, 2026

Madison Square Garden Entertainment Corp. Q3 FY2026 Earnings Call - Concert Momentum and Residency Pipeline Drive Growth Outlook

MSG Entertainment reported $246 million in Q3 FY2026 revenue, up 2% year-over-year, driven by strong concert demand at The Garden and growth in suite licensing and the Christmas Spectacular. Adjusted ...

  • Revenue reached $246.3 million, a 2% year-over-year increase, fueled by higher entertainment offerings revenue and suite licensing growth.
  • Adjusted operating income declined to $46 million, down $12 million year-over-year, primarily due to unexpected healthcare cost spikes and elevated SG&A expenses.
  • Concert demand at The Garden remains robust, with a vast majority of shows selling out and food and beverage per capita spending rising.
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GLAD May 7, 2026

Gladstone Capital Corporation Q2 2026 Earnings Call - Portfolio Yield Resilience Driven by Lower Middle Market Discipline

Gladstone Capital delivered another resilient quarter, with net investment income rising 116% to $11.8 million and NAV per share climbing to $21.36. The firm’s disciplined focus on the lower middle ma...

  • Net investment income surged 116% quarter-over-quarter to $11.8 million, driven by prepayment fees and portfolio appreciation that more than covered the $0.15 monthly distribution.
  • NAV per share rose to $21.36, up from $21.13, as unrealized appreciation in three scaling portfolio companies offset broader market repricing.
  • The firm maintains zero direct SOFR exposure, insulating its floating-rate assets from short-term rate volatility and reducing margin pressure.
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ASPN May 7, 2026

Aspen Aerogels Q1 2026 Earnings Call - Energy Industrial Growth Offsets Plant Disruption

Aspen Aerogels reported a challenging start to 2026, with Q1 revenue declining 8% quarter-over-quarter to $37.9 million, weighed down by an operational disruption at its East Providence manufacturing ...

  • Q1 2026 revenue came in at $37.9 million, an 8% quarter-over-quarter decline, with Energy Industrial down 15% and Thermal Barrier flat.
  • An explosion at the East Providence manufacturing facility in April caused a temporary operational disruption, with a staged restart expected in May.
  • Energy Industrial segment targets 20% revenue growth for 2026, driven by subsea projects, LNG infrastructure expansion, and deferred maintenance work.
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GOGO May 7, 2026

Gogo Inc Q1 2026 Earnings Call - Galileo and 5G momentum offset legacy revenue decline with record equipment sales and military growth

Gogo Inc delivered a transitional first quarter in 2026, with total revenue holding steady at $226.3 million despite a 5% year-over-year decline in service revenue. The company is actively pivoting fr...

  • Total revenue of $226.3 million decreased just 2% year-over-year, demonstrating resilience amid a structural transition from legacy services to new platforms.
  • Equipment revenue surged 22% to $38.6 million, driven by record sales of C1 conversion units and early shipments of the Galileo LEO network.
  • Galileo LEO shipments reached 92 units in Q1, bringing cumulative shipments to 410 across 35 STCs covering a 7,000-aircraft addressable market.
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COLD May 7, 2026

Americold Realty Trust Q1 2026 Earnings Call - $1.1B EQT Joint Venture Drives Deleveraging Amid Stabilizing Demand

Americold Realty Trust delivered a solid first quarter, beating consensus on AFFO per share and demonstrating that demand in the cold storage sector is stabilizing. The standout move of the quarter is...

  • AFFO beat consensus: Americold reported AFFO per share of $0.29, beating analyst estimates and marking the third consecutive quarter of meeting or exceeding guidance.
  • EQT joint venture: Management announced a $1.3 billion joint venture with EQT Partners. Americold will contribute 12 U.S. facilities, sell a 70% stake, and receive $1.1 billion in cash proceeds to pay down debt.
  • Deleveraging trajectory: The transaction is expected to reduce the net debt to pro forma Core EBITDA ratio by roughly 0.75x, bringing leverage toward the long-term target of 6x or less.
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LNTH May 7, 2026

Lantheus Holdings Q1 2026 Earnings Call - PYLARIFY TruVu Approval and Strategic Shift to Radio Diagnostics

Lantheus Holdings reported a solid first quarter of 2026, driven by disciplined commercial execution across its core radiodiagnostics portfolio. PYLARIFY volume grew 5.8% year-over-year, NeuraCeq reve...

  • PYLARIFY U.S. volume increased 5.8% year-over-year, maintaining market leadership in PSMA PET imaging despite competitive pressures and pricing discipline.
  • FDA approved PYLARIFY TruVu, a new PSMA PET formulation with larger batch sizes and enhanced stability, enabling broader geographic reach via high-energy cyclotrons.
  • Tentative FDA approval received for PNT2003, the first radioequivalent to LUTATHERA for GEP-NETs, with final approval pending Hatch-Waxman stay resolution and legal proceedings.
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REAX May 7, 2026

The Real Brokerage Q1 2026 Earnings Call - Record Cash and RE/MAX Acquisition Signal Platform Scale

The Real Brokerage delivered a resilient Q1 2026, posting $466 million in revenue, up 32% year-over-year, and growing closed transactions 25% despite a soft housing market. Adjusted EBITDA surged 80% ...

  • Revenue surged 32% year-over-year to $466 million, driven by a 25% increase in closed transactions that outperformed flat U.S. and declining Canadian home sales.
  • Adjusted EBITDA jumped 80% to $14.9 million, demonstrating significant operating leverage as gross profit grew faster than operating expenses.
  • The company ended the quarter with a record $62.9 million in unrestricted cash and investments, maintaining a debt-free balance sheet.
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ACTG May 7, 2026

Acacia Research Q1 2026 Earnings Call - Benchmark Drills First Cherokee Well Amid Record Revenue and Hedge Volatility

Acacia Research delivered Q1 2026 revenue of $54.2 million, driven by record energy segment performance and steady manufacturing results, while the IP division remained episodic with minimal licensing...

  • Acacia Research reported Q1 2026 revenue of $54.2 million, with operated segment adjusted EBITDA of $6.8 million, excluding IP.
  • Benchmark, the energy division, achieved record quarterly revenue of $18.7 million and $7.7 million in adjusted EBITDA, driven by increased production and favorable commodity prices.
  • Benchmark successfully drilled and brought online its first Cherokee well in late March, with initial results described as strong and a projected 2.5x multiple on invested capital.
  • +7 more takeaways