Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

BWMX October 23, 2025

Betterware Q3 2025 Earnings Call - EBITDA up 22%, margin expands 362 bps and net leverage falls to 1.8x

Betterware reported a resilient Q3 2025: revenue +1.4% year over year, EBITDA +22% with margin expansion of 362 basis points to 21.4%, adjusted net income +71%, and free cash flow conversion at 77% of...

  • Revenue grew 1.4% year over year in Q3 2025, despite softer consumer demand in Mexico and the U.S.
  • EBITDA increased 22% year over year, with EBITDA margin expanding 362 basis points to 21.4%.
  • Free cash flow conversion remained strong at 77% of EBITDA; free cash flow rose 32.6% year over year.
  • +13 more takeaways
BYD October 23, 2025

Boyd Gaming Q3 2025 Earnings Call - FanDuel sale slashes leverage to 1.5x, frees cash for buybacks and growth

Boyd posted another growth quarter with revenues above $1 billion and EBITDA of $322 million, while company margins held near 37%. Management emphasized continued strength in core customer play and im...

  • Company results: Q3 revenue exceeded $1 billion, EBITDA was $322 million, company-wide margin about 37% and roughly flat year over year after adjustments.
  • FanDuel stake sale: Boyd sold its 5% FanDuel stake in late July/early August, using proceeds to pay down debt and cut total leverage from 2.8x to 1.5x, lease-adjusted leverage from 3.2x to 2.0x.
  • Balance sheet and capital returns: Q3 repurchases totaled $160 million (1.9 million shares at $84.05 average), dividend paid was $0.18 per share ($15 million), year-to-date shareholder returns $637 million; plan to repurchase about $150 million per quarter going forward.
  • +14 more takeaways
COUR October 23, 2025

Coursera Q3 2025 Earnings Call - Consumer-Led Recovery and AI Partnerships Drive Guidance Raise

Coursera closed Q3 with a clear consumer-driven rebound and a string of AI product and partner moves that the management says justify a higher full-year revenue guide. Revenue was $194 million, up 10%...

  • Revenue $194M, up 10% year over year; management raised full-year revenue guidance to $750M–$754M, implying 8%–9% growth.
  • Consumer segment strength drove the quarter: consumer revenue $130M, up 13% YoY, fueled by 7.7M new registered learners and a total learner base of 191M.
  • Coursera Plus has crossed the majority threshold of consumer revenue, giving management greater forward visibility and recurring revenue predictability.
  • +12 more takeaways
INTC October 23, 2025

Intel Corporation Q3 2025 Earnings Call - Balance Sheet Shored Up to Fund Foundry and AI Partnerships

Intel beat guidance in Q3 while using a flurry of financings and partnerships to patch a fragile balance sheet and buy time for its Foundry and AI strategies. Revenue, margin, and EPS topped expectati...

  • Q3 revenue $13.7 billion, above the high end of guidance and up 6% sequentially.
  • Non-GAAP gross margin 40%, about 4 percentage points above guidance, driven by higher revenue, favorable mix and lower inventory reserves.
  • Non-GAAP EPS $0.23, well above guidance (break-even), helped by margin upside and cost discipline.
  • +14 more takeaways
ENVA October 23, 2025

Enova International Third Quarter 2025 Earnings Call - SMB-Led Loan Growth, Stable Credit, Consumer Re-Acceleration in Q4

Enova reported a robust Q3 driven by small business strength and disciplined credit management. Originations rose 22% year-over-year to nearly $2 billion, pushing combined loan and finance receivables...

  • Total originations rose 22% year-over-year and 9% sequentially to nearly $2.0 billion in Q3 2025.
  • Combined loan and finance receivables reached a record $4.5 billion, up about 20% year-over-year on an amortized basis.
  • Small business (SMB) makes up roughly 66% of the portfolio and drove the quarter, with SMB originations up 31% year-over-year to almost $1.4 billion.
  • +16 more takeaways
NXT October 23, 2025

Nextracker Q2 FY2026 Earnings Call - Platform expansion drives 42% revenue growth and a raised FY26 outlook

Nextracker posted a strong Q2 FY2026: revenue of $905 million, up 42% year over year, and adjusted EBITDA of $224 million, a 25% margin. Management is steering the company from a tracker supplier to a...

  • Q2 revenue $905 million, up 42% year over year; adjusted EBITDA $224 million, representing a 25% margin.
  • First half FY2026 revenue $1.77 billion, up 31% year over year, a record first half for the company.
  • Backlog expanded to over $5 billion at quarter end, providing multi-year visibility.
  • +12 more takeaways
SPFI October 23, 2025

South Plains Financial Third Quarter 2025 Earnings Call - Paydowns Pressure Loans Even as Capital, Hiring and Credit Quality Strengthen

South Plains posted solid third-quarter earnings, with EPS of $0.96 driven by higher net interest income and a sharply lower provision for credit losses. That headline masks a familiar tension. Loan b...

  • Diluted EPS rose to $0.96 in Q3 2025 from $0.86 in Q2, driven by higher net interest income and a lower provision for credit losses.
  • Loans held for investment declined $45.5 million to $3.05 billion quarter over quarter, primarily from multifamily payoffs, including two loans totaling $39.6 million.
  • Management reported elevated loan payoffs and paydowns throughout the year, but expects paydown activity to moderate and loan growth to reaccelerate in 2026.
  • +16 more takeaways
MGRC October 23, 2025

McGrath RentCorp Third Quarter 2025 Earnings Call - Guidance Raised as Rental Demand Stabilizes

McGrath reported a mixed quarter: rental operations eked out growth while equipment sales plunged, yet management lifted full-year guidance on the back of steady bookings and healthy cash generation. ...

  • Total company revenue declined 4% year over year to $256.0 million in Q3 2025, while rental operations revenue increased 4% year over year.
  • Adjusted EBITDA fell 7% to $96.5 million for the quarter; net income declined 8% to $42.3 million and diluted EPS decreased $0.15 to $1.72.
  • Sales revenues were the main drag, down 18% year over year, reflecting significantly lower new equipment sales compared with 2024.
  • +12 more takeaways
BFST October 23, 2025

Business First Bancshares Q3 2025 Earnings Call - Expense discipline and M&A conversions set up operating leverage

Business First delivered a workmanlike quarter: steady profitability, tight expense control, and critical back-office milestones. GAAP net income was $21.5 million, or $0.73 per share, with core (non-...

  • GAAP net income for Q3 2025 was $21.5 million, or $0.73 per share; core (non-GAAP) net income was $21.2 million, or $0.72 per share.
  • Core ROAA for the quarter was 1.06% and the core efficiency ratio improved to 60.45% for Q3.
  • Management credits strong expense control for earnings quality, noting three quarters of essentially flat core non-interest expense and a push to realize operating leverage.
  • +16 more takeaways
ASB October 23, 2025

Associated Banc-Corp Q3 2025 Earnings Call - C&I-led loan growth and deposit gains drive record NII, capital build, with credit steady

Associated delivered a clean quarter of execution. Record net interest income of $305 million and a NIM above 3% were driven by heavy C&I production and core deposit inflows, while capital ratios and ...

  • Record quarterly net interest income of $305 million, NII up 16% versus Q3 2024 and up $5 million sequentially.
  • Net interest margin held at 3.04% in Q3, 26 basis points higher year over year.
  • C&I lending was the growth engine, adding nearly $300 million in Q3 and roughly $1 billion year to date, with management targeting at least $1.2 billion for 2025.
  • +12 more takeaways