Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
ASGN Incorporated Q2 2025 Earnings Call - AI-led consulting growth cushions cyclical staffing softness
ASGN posted $1.02 billion in Q2 revenues, slightly down year over year but beating guidance, with adjusted EBITDA margin of 10.6% at the top of the range. The notable shift is the mix: IT consulting n...
- Company reported Q2 2025 revenue of $1.02 billion, down 1.4% year over year, but above the high end of guidance.
- Adjusted EBITDA was $108.5 million, with an adjusted EBITDA margin of 10.6%, at the top end of expectations for the quarter.
- IT consulting now accounts for approximately 63% of revenues, up from 57% year over year, reflecting a strategic mix shift away from lower-margin staffing.
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Century Communities Q2 2025 Earnings Call - Incentives Rise, Land Discipline and Buybacks Buffer a Soft Spring
Century Communities reported a mixed quarter, edging deliveries higher sequentially while battling muted demand. Management raised incentives materially to keep closings moving, trimmed controlled lot...
- Deliveries of 2,587 homes in Q2 2025, up 13% sequentially and above guidance of 2,300 to 2,500 homes.
- Net new contracts in Q2 totaled 2,546 homes, with orders and absorption rates improving sequentially in May and June, but still below seasonal expectations.
- Adjusted homebuilding gross margin was 20.0% in Q2, down from 21.6% in Q1, driven almost entirely by higher incentive levels.
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Prosperity Bancshares Q2 2025 Earnings Call - Aggressive M&A Play as NIM Climbs and Credit Holds, For Now
Prosperity closed Q2 2025 with stronger core profitability and a clear strategic tilt toward M&A. Net income rose to $135 million, EPS to $1.42, and the tax-equivalent net interest margin expanded to ...
- Company announced a definitive all-stock merger agreement to acquire American Bank Holding Corporation (Corpus Christi), expanding footprint in South and Central Texas including San Antonio.
- Q2 2025 net income was $135.0 million, up 21% year-over-year from $111.0 million; diluted EPS was $1.42, up 21% year-over-year.
- Return metrics improved: annualized ROA was 1.41% (vs 1.17% prior year) and return on average tangible common equity was 13.44% (vs 12.34% prior year).
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Mattel Second Quarter 2025 Earnings Call - 200bp Margin Gain, Tariff Hit Now Under $100M, Guidance Reinstated
Mattel reported a mixed quarter: top line pressure in the U.S. from trade-related retailer ordering shifts and a move from direct import to domestic shipping, but operational moves paid off. Net sales...
- Net sales declined 6% year over year, to $1.02 billion, both as reported and in constant currency.
- Adjusted gross margin expanded 200 basis points to 51.2% in Q2, driven by supply chain efficiencies, mix, and cost savings from the Optimizing for Profitable Growth program.
- Adjusted EPS was unchanged at $0.19 despite revenue weakness, reflecting margin gains and cost discipline.
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QuantumScape Q2 2025 Earnings Call - PowerCo expansion adds up to $131M, pushes commercialization and extends cash runway into 2029
QuantumScape said Q2 marks a commercialization inflection. The company upgraded its PowerCo collaboration, securing up to $131 million in milestone-linked payments over two years to accelerate QSE-5 s...
- QuantumScape expanded its collaboration with PowerCo, adding up to $131 million in milestone-linked payments over the next two years to support joint commercialization and scale-up activities.
- The first milestones tied to more than $10 million have been achieved and QuantumScape expects to invoice PowerCo in Q3 for that amount; preliminary accounting indicates this may not be recognized as revenue.
- PowerCo’s upgraded rights allow production of up to an additional 5 GWh of QS cells annually, bringing its total potential to up to 85 GWh, and include future rights to license advanced QS technology beyond QSE-5.
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Goosehead Insurance Q2 2025 Earnings Call - AI-Driven Service Savings and New Partnerships Power Growth, Even as Premium Mix Lags
Goosehead posted a clean quarter of growth and profitability, with revenue up 20% to $94 million and adjusted EBITDA up 18% to $29.2 million, while scaling its agent base and enterprise pipeline. Mana...
- Revenue rose 20% year over year to $94.0 million, core revenue was $86.8 million, and adjusted EBITDA grew 18% to $29.2 million, implying a 31% adjusted EBITDA margin for the quarter.
- Total written premium was $1.2 billion, up 18% year over year; franchise premiums were $959 million, up 21%, while corporate premiums were $217 million, up 6%.
- Policies in force reached 1.8 million, a 13% increase year over year, and producers per franchise rose to 1.9, up 14% year over year.
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Knight-Swift Transportation Holdings Inc. Q2 2025 Earnings Call - Cost cuts and scale protect margins amid weak freight, LTL expansion pressures profits
Knight-Swift navigated a soft, volatile freight quarter by leaning into cost reduction and scale. Consolidated revenue ex fuel edged up 1.9% while adjusted operating income rose 17.2% year over year, ...
- Consolidated revenue excluding fuel surcharge rose 1.9% year over year in Q2 2025.
- Adjusted operating income grew 17.2% year over year, an improvement of $15.2 million.
- GAAP diluted EPS was $0.21, up 61.5% year over year, adjusted EPS was $0.35, up 45.8% year over year.
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Taylor Morrison Q2 2025 Earnings Call - Spec Inventory Surge Forces Margin-for-Pace Trade-Off
Taylor Morrison reported a steady quarter but with a clear tactical pivot, selling through a record share of spec homes to meet a more cautious, deal-seeking buyer. Q2 closings of 3,340 homes at a $58...
- Q2 closings were 3,340 homes, average closing price $589,000, producing about $2.0 billion of home closings revenue.
- Adjusted home closings gross margin was 23% in Q2, and management said margin has been range bound between 23% and nearly 25% over the last 2.5 years.
- Spec sales surged, management cited a record spec share near 71% of sales in the quarter; CFO cited spec closings penetration of 65% and that 28% of spec inventory sold and closed in the quarter.
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Viking Therapeutics Q2 2025 Earnings Call - Vanquish Phase 3 Initiated, Oral Phase 2 Readout Due H2 and $808M Cash Runway
Viking used this quarter to move from promise to scale. Management kicked off the Vanquish Phase 3 registration program for VK2735 subcutaneous in obesity, completed enrollment in the 13-week Venture ...
- Vanquish Phase 3 launched for VK2735 subcutaneous in obesity, with two 78-week randomized, double-blind, placebo-controlled trials: Vanquish1 ~4,500 adults with obesity or overweight plus comorbidity, Vanquish2 ~1,100 adults with T2D.
- Vanquish dosing arms are 7.5 mg, 12.5 mg, 17.5 mg weekly, primary endpoint percent change in body weight at 78 weeks, plus secondary endpoints for 5/10/15/20% weight loss and open-label extensions.
- Venture Oral Dosing Phase 2 completed enrollment (~280 subjects, six dosing arms plus placebo), top-line results expected in H2 2025; cohorts include high doses up to 120 mg and a maintenance cohort that titrates 90 mg then drops to 30 mg.
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Popular, Inc. Q2 2025 Earnings Call - Loans Jump, ROTCE Hits 13.3% as Buybacks and Dividend Rise
Popular reported a clean second quarter: net income of $210 million, EPS of $3.09, and a 13.3% return on tangible common equity driven by strong loan growth, NII expansion, and improving credit. Manag...
- Q2 net income $210 million, EPS $3.09, up $32 million and $0.53 sequentially, producing a 13.3% ROTCE for the quarter.
- Management announced a $500 million incremental common share repurchase program and raised the quarterly dividend 7% to $0.75 per share, signaling confidence in capital strength.
- Loans increased about $931 million in the quarter; Banco Popular de Puerto Rico contributed ~$681 million and Popular Bank ~$251 million, with commercial and construction lending leading the gains.
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