Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
Kratos Defense & Security Solutions Q3 2025 Earnings Call - Accelerating Organic Growth and Strategic Expansion with Valkyrie Program and Orbit Acquisition
Kratos Defense & Security Solutions reported strong Q3 2025 results, beating revenue and EBITDA estimates driven by robust demand across unmanned systems, rocket support, and space training businesses...
- Q3 2025 revenue of $346.7 million surpassed guidance ($315-$325 million), driven by unmanned systems growth including international tactical Valkyrie shipments.
- Full-year 2025 revenue guidance raised to $1.33 billion, implying 14%-15% organic growth over 2024, with 2026 and 2027 growth targets of 15%-20% and 18%-23%, respectively.
- EBITDA for Q3 reached $30.8 million, above the $25-$30 million estimate, despite margin pressures from increased contractor and material costs and elevated bid/proposal expenses.
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Exelixis Q3 2025 Earnings Call - Stellar-303 Launch Sets Stage for Next-Gen Oncology Franchise with Zanzalintinib
Exelixis delivered a solid third quarter in 2025, powered by strong Cabozantinib (Cabo) sales growth and promising data from the Stellar-303 trial of Zanzalintinib (Zanza) in colorectal cancer (CRC). ...
- Cabozantinib US net revenues rose 14% year-over-year to $543 million in Q3 2025, maintaining RCC top TKI status with growing first-line share.
- Global Cabozantinib franchise revenues including partners hit $739 million, up from $653 million prior year, driven by recent neuroendocrine tumor (NET) indication.
- Cabozantinib demand in NET increased approximately 50% quarter-over-quarter and contributed ~6% to Q3 revenue; 2025 NET revenue expected to exceed $100 million.
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Synchronoss Technologies Q3 2025 Earnings Call - Profitability Strength Amid Subscriber Growth Challenges
Synchronoss Technologies reported Q3 2025 revenue of $42 million, slightly below expectations due mainly to weak subscriber growth with some customers and delayed new contracts. Despite this, the comp...
- Q3 revenue was $42 million, slightly below expectations due to weaker subscriber growth and delayed new customer contracts.
- Adjusted EBITDA for the quarter was $12 million with a 28.5% margin, supported by a 3.5% year-over-year reduction in operating expenses.
- Net income was $5.8 million or $0.51 diluted EPS, boosted by a one-time $5.2 million interest income from a CARES Act tax refund.
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Axon Q3 2025 Earnings Call - Accelerating AI and Cloud Transformation in 911 and Public Safety Ecosystems
Axon reported a robust Q3 2025 with 31% revenue growth, driven by strong demand in software and services and expanding adoption across state, local, corrections, international, and enterprise markets....
- Q3 revenue grew 31% year-over-year to $711M, marking the seventh consecutive quarter above 30% growth.
- Software and services revenue soared 41% YoY to $305M, leading overall growth with 124% net revenue retention and 41% ARR increase to $1.3B.
- Prepared and Carbine acquisitions signal Axon's strategic entry into modern, AI-powered 911 voice communication and cloud infrastructure.
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Paylocity Holding Corporation Q1 Fiscal 26 Earnings Call - Strong AI-Driven Growth and Raised Long-Term Targets
Paylocity kicked off Fiscal 2026 with robust financial results, driven by a 14% growth in recurring and other revenue and a 12% increase in total revenue to $408.2 million. The company’s strategic AI ...
- Q1 Fiscal 26 total revenue reached $408.2 million, a 12% year-over-year growth, with recurring and other revenues up 14%.
- Paylocity for Finance, launched in July, is gaining early traction by expanding the platform into the office of the CFO alongside IT functionalities.
- AI-powered features usage has more than doubled over the past year, with over 1.2 million questions answered by the AI assistant, enhancing user experience and product adoption.
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Flywire Q3 2025 Earnings Call - Strong Execution, Broad Client Wins, and Expansion Beyond Traditional Markets
Flywire reported a robust Q3 2025, exceeding revenue and adjusted EBITDA guidance amid better-than-expected macro conditions in key education markets. The company signed over 200 new clients across ve...
- Flywire reported $194 million revenue less ancillary services in Q3 2025, up 26% year-over-year FX-neutral, surpassing guidance.
- Over 200 new clients were signed across Flywire’s four verticals, with education wins increasingly outside the traditional Big Four markets.
- Education growth was driven by adoption of Flywire’s Student Financial Software (SFS) platform aiding payment operations and collections, recovering over $360 million in past-due tuition.
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Hackett Group Q3 2025 Earnings Call - Breakthrough AI Explorer Version Four Drives Strategic Growth Amid Mixed Segment Performance
The Hackett Group's Q3 2025 financial results showed revenues slightly below guidance at $72.2 million and adjusted EPS of $0.37, meeting the midpoint of expectations. The standout highlight was the l...
- Q3 2025 revenues before reimbursements were $72.2 million, slightly below guidance; adjusted EPS at $0.37 matched midpoint guidance.
- AI Explorer version four launched September 8, receiving highly positive client and partner feedback, characterized as "game changing."
- New strategic alliances underway, including integration with Celonis process intelligence software, expanding AI Explorer capabilities and growth potential.
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Coupang 2025 Third Quarter Earnings Call - Solid Growth with Expanding Margins and Early Winning Steps in Taiwan
Coupang's Q3 2025 earnings showcase continued expansion with 18% year-over-year revenue growth, hitting $9.3 billion, alongside margin gains highlighted by a 29.4% gross profit margin and 4.5% Adjuste...
- Coupang reported 18% year-over-year consolidated revenue growth to $9.3 billion in Q3 2025, with 20% growth in constant currency.
- Gross profit margin expanded 50 basis points to 29.4%, driven mainly by product commerce margin expansion over 210 basis points to 32.1%.
- Adjusted EBITDA margin edged up 10 basis points to 4.5% on a consolidated basis, while product commerce's segment EBITDA margin rose over 200 basis points to 8.8%.
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Macerich Q3 2025 Earnings Call - Strong Leasing Momentum Powers Ahead of 2028 Targets
Macerich reported a robust third quarter in 2025, marked by an 87% surge in signed leases year-over-year and leasing volumes dramatically ahead of schedule. The company’s Path Forward Plan is on track...
- Signed 1.5 million sq ft of leases in Q3 2025, an 87% increase over Q3 2024, bringing year-to-date leasing to 5.4 million sq ft, up 86% year-over-year.
- Leasing speedometer reached 70% revenue completion for new leases in 2025, on track for 85% by mid-2026, indicating strong execution against the five-year plan.
- SNO pipeline grew from $87 million in August to $99 million in Q3, with the Crabtree acquisition adding incremental $140 million SNO prospects; 90% of remaining $40 million pipeline is in rated A-C spaces with significant fortress potential.
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Mercury Systems Q1 FY26 Earnings Call - Strong start with backlog growth, margin expansion, and cautious guidance
Mercury Systems kicked off FY26 with a solid first quarter, delivering revenue growth of 10.2% year-over-year to $225 million, driven largely by accelerated deliveries on high-margin programs worth $2...
- Q1 revenue was $225 million, up 10.2% year-over-year, driven by accelerated deliveries of $20 million from Q2.
- Adjusted EBITDA grew 66% year-over-year to $35.6 million; margin expanded 530 basis points to 15.8%.
- Bookings totaled $250 million with a 1.11 book-to-bill ratio, building backlog to a record $1.4 billion.
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