Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

MDBH November 20, 2025

MDB Capital Holdings Q3 2025 Earnings Call - Scaling Public Venture Amid Market Challenges and New Launches

MDB Capital Holdings provided a comprehensive update on their third quarter ending September 30, 2025, under the leadership of CEO Chris Marlett. Despite a turbulent market backdrop and persistent und...

  • MDB is focused on scaling its public venture platform from historically one IPO every 18 months to three to five IPOs annually to build diversified portfolios for investors.
  • Despite challenging market conditions and depressed stock prices, MDB remains confident in its long-term value creation model and unique market position with no direct competition.
  • Historically, MDB has never failed to complete an IPO and all its IPOs have traded at least twice their IPO price post-launch, underscoring their ability to identify and prepare high-potential companies.
  • +7 more takeaways
ROST November 20, 2025

Ross Stores Q3 2025 Earnings Call - Accelerating Sales Momentum Fueled by Branded Strategy and Marketing Revamp

Ross Stores delivered a robust Q3 2025, posting 10% sales growth to $5.6 billion and a 7% comp store sales increase, surpassing prior quarter’s trajectory. CEO Jim Conroy emphasized the successful exe...

  • Ross Stores achieved 10% total sales growth and 7% comparable store sales increase in Q3 2025, accelerating from prior quarter.
  • Operating margin came in at 11.6%, beating expectations despite a $0.05 per share tariff headwind this quarter and $0.16 year-to-date.
  • Earnings per share rose to $1.58 versus $1.48 in the prior year quarter, with full-year EPS guidance raised to $6.38-$6.46.
  • +12 more takeaways
NGVC November 20, 2025

Natural Grocers by Vitamin Cottage Q4 FY2025 Earnings Call - Record Earnings Amid Economic Caution and Focus on Value

Natural Grocers wrapped up fiscal year 2025 with a record performance, posting $2.00 diluted EPS, a 36.1% increase year-over-year, driven by a 7.2% increase in total revenue to $1.33 billion and 7.3% ...

  • Natural Grocers reported Q4 sales in line with guidance and EPS above expectations, with fiscal 2025 EPS at a record $2.00.
  • The company achieved its 22nd consecutive year of positive comparable store sales growth, with a 7.3% increase in fiscal 2025 comps.
  • Q4 comps moderated to 4.2% versus stronger prior quarters due to cycling high comps in previous years, UNFI supply chain disruptions, and cautious consumer spending.
  • +12 more takeaways
CPA November 20, 2025

Copa Holdings Q3 2025 Earnings Call - Strong Profitability Amid Strategic Growth and Capacity Expansion

Copa Holdings reported a robust third quarter in 2025, delivering industry-leading profitability with operating margins rising to 23.2% and net margins to 19%, driven by disciplined cost management an...

  • Copa Holdings achieved a 23.2% operating margin in Q3 2025, up 2.9 percentage points year-over-year, highlighting strong profitability.
  • Net profit increased 18.7% year-over-year to $173 million, with earnings per share of $4.20 versus $3.50 in Q3 2024.
  • Available seat miles (ASM) capacity rose 5.8%, while load factor improved by 1.8 points to 88%, demonstrating strong demand.
  • +12 more takeaways
EARN November 20, 2025

Ellington Credit Company Q2 2025 Earnings Call - Achieves Full Dividend Coverage Amid Active CLO Portfolio Management

Ellington Credit Company reported a strong Q2 2025 marked by strategic portfolio shifts and robust trading activity. Supported by a dovish Fed cutting rates, the company grew its CLO portfolio to $380...

  • Ellington Credit achieved full dividend coverage from net investment income in September 2025, reflecting portfolio earnings power.
  • The CLO portfolio grew 20% in Q2 to $380 million, nearly evenly split between mezzanine debt and equity tranches, with 14% in Europe.
  • Active trading remains central to investment strategy, with over 90 CLO trades executed in Q2, allowing nimble portfolio repositioning and liquidity.
  • +7 more takeaways
SCND November 20, 2025

Scientific Industries Q3 2025 Earnings Call - Strategic Shift to Bioprocessing and AI-Driven Innovation Accelerates

Scientific Industries marked a defining pivot in Q3 2025 with the divestiture of its legacy Genie products division, completing a 70-year chapter. The company is sharpening focus on bioprocessing and ...

  • Scientific Industries completed the sale of its legacy Genie products division in mid-August, ending a 70-year business chapter and focusing proceeds on growth areas.
  • The company is actively transitioning Genie product line responsibilities to the buyer, expecting final sale payment within 3-6 months.
  • Benchtop lab equipment operations are being strengthened, with focus on the Torbal division and innovation in the VIVID AI-enhanced pill counter product line.
  • +10 more takeaways
LQDT November 20, 2025

Liquidity Services Q4 Fiscal 2025 Earnings Call - Robust Growth and Margin Expansion Fueled by AI Integration and Consignment Shift

Liquidity Services capped fiscal 2025 with a strong Q4 performance, driven by 12% GMV growth and a 28% jump in adjusted EBITDA, surpassing expectations across sales and profitability metrics. The comp...

  • Liquidity Services delivered Q4 fiscal 2025 results above guidance: 12% GMV growth, 28% increase in adjusted EBITDA, and 16% adjusted EPS growth year-over-year.
  • Fiscal 2025 marked a record $1.57 billion GMV and nearly $477 million in revenue, with 31% year-over-year revenue growth.
  • Adjusted EBITDA reached $60.8 million, up 25% year-over-year, the highest in 11 years, driven by operational leverage and a margin shift toward consignment and software.
  • +9 more takeaways
MAGN November 20, 2025

Magnera 4Q 2025 Earnings Call - Synergy Realization Drives 9% EBITDA Growth Guidance Amid Challenging Macro Conditions

Magnera closed fiscal 2025 with $839 million in quarterly sales and adjusted EBITDA of $90 million, maintaining stable earnings despite volume pressures and regional softness. The company marked its f...

  • Magnera delivered $839 million in 4Q sales and $90 million adjusted EBITDA, closing fiscal 2025 with $3.2 billion revenue and $362 million adjusted EBITDA.
  • The company generated $126 million free cash flow in 2025, yielding over 30% relative to market cap, enabling debt reduction and liquidity of ~$600 million.
  • Fiscal 2025 volumes declined about 3.5-4%, driven by South America and European softness, partially offset by growth in adult incontinence and wipes.
  • +13 more takeaways
J November 20, 2025

Jacobs Fiscal Q4 & FY25 Earnings Call - Record Backlog and Margin Expansion Drive Strong Full-Year Performance

Jacobs closed fiscal 2025 with a strong showing, highlighted by a record $23.1 billion backlog and notable margin expansion. The company posted a 28% adjusted EPS increase in Q4 and 16% for the full y...

  • Jacobs achieved a record backlog of $23.1 billion, up 6% year-over-year, signaling strong future revenue.
  • Q4 adjusted EPS grew 28% year-over-year to $1.75, with full-year adjusted EPS up 16% to $6.12, exceeding guidance.
  • Adjusted EBITDA margin reached a record 14.4% in Q4, reflecting disciplined cost management and operational leverage.
  • +13 more takeaways
ROAD November 20, 2025

Construction Partners Q4 2025 Earnings Call - Transformational 54% Revenue Growth Fueled by Strategic Acquisitions and Record Backlog

Construction Partners closed fiscal 2025 with a bang, achieving an eye-popping 54% revenue growth driven primarily by five key acquisitions and solid 8.4% organic growth. The company didn't just grow ...

  • Fiscal 2025 revenue surged 54% year-over-year, combining 8.4% organic growth with 45.6% from acquisitions.
  • EBITDA nearly doubled in fiscal 2025, growing 92% year-over-year to $423.7 million, with record 15% EBITDA margin.
  • Five acquisitions in 2025 expanded CPI's footprint into Texas, Oklahoma, Tennessee, Mobile (AL), and Houston (TX).
  • +12 more takeaways