Liberty Latin America (NasdaqGS:LILA) Q4 2025 Earnings call February 19, 2026 08:30 AM ET Company ParticipantsBalan Nair - CEOChris Noyes - CFOMichael Rollins - Managing DirectorZoe Lawrenson - Senior Director of Strategy and Corporate DevelopmentConference Call ParticipantsChris Hoare - Equity Research AnalystMatthew Harrigan - Equity Research AnalystOperatorGood day, everyone. You are holding for Liberty Latin America's full year 2025 investor call. Thank you for your patience. The investor call will begi ...

Financial Data and Key Metrics Changes - Consolidated GMS for Q4 2025 was $3.6 billion, up 2.4% year-over-year, excluding Reverb, and up 1.3% year-over-year on a currency-neutral basis [19] - Consolidated revenue reached $882 million, up 6.6% year-over-year, marking a new quarterly record [19] - Adjusted EBITDA was $222 million, with a consolidated adjusted EBITDA margin of 25.2% [19] - Etsy Marketplace adjusted EBITDA margin was slightly above 30% in Q4, though lower year-over-year due to higher costs [20] Business Line Data and Key Metrics Changes - Etsy Marketplace GMS was up 0.1% year-over-year in Q4, marking the first positive comparison since Q3 2023 [20] - U.S. buyer GMS grew 0.3% year-over-year, the first quarter of positive growth in four years [21] - Home and living category returned to positive year-over-year GMS growth, driven by high average order value subcategories [22] - Mobile app contributed 46% to total GMS in Q4, with app GMS growth accelerating [22] Market Data and Key Metrics Changes - Trailing twelve-month active buyer count in the U.S. increased slightly from Q3 to Q4, with active buyers largely flat sequentially at 86.5 million [24] - 6.8 million new buyers and 10.4 million reactivated buyers were added, totaling 17.2 million gross additions, up 2.7% year-over-year [24] - Active sellers increased to 5.6 million, up 1.5% sequentially, reflecting growth in both U.S. and international sellers [25] Company Strategy and Development Direction - The company signed a definitive agreement to sell Depop to eBay for $1.2 billion, allowing a focus on growing the Etsy marketplace [3] - Strategic priorities include improving buyer-seller matching, enhancing customer loyalty, and leveraging human connection to differentiate Etsy [9] - The company aims to optimize for inspiration and ongoing engagement rather than just conversion [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the changes made, noting that the trajectory is improving with a return to growth in the core marketplace [11] - The company anticipates Q1 2026 GMS to be in the range of $2.38 billion to $2.43 billion, representing year-over-year growth of approximately 2%-4% [33] - Management highlighted the importance of AI technology in enhancing the shopping experience and driving growth [13] Other Important Information - The company plans to use proceeds from the Depop sale for general corporate purposes, share repurchases, and investment in the Etsy marketplace [26] - Etsy's cash position as of December 31 was $1.8 billion, with $735 million in adjusted EBITDA generated in 2025 [31] Q&A Session Summary Question: What changed in Q4 regarding buyer acquisition and reactivation? - Management noted that cumulative investments in product experience, app usage, and personalized marketing contributed to improved buyer metrics, indicating sustainable trends [38][39] Question: What are the key drivers of sustaining GMS growth through 2026? - The company emphasized a system of strategic priorities focused on discovery, matching, loyalty, and differentiation to drive durable growth [44] Question: How is the company addressing the competition from agentic platforms? - Management acknowledged the early days of agentic platforms but expressed optimism about their potential as a valuable discovery channel, highlighting the importance of understanding buyer intent [56][58]

Nordson (NasdaqGS:NDSN) Q1 2026 Earnings call February 19, 2026 08:30 AM ET Speaker9Hello, everyone. Thank you for joining us, and welcome to the Nordson Corporation First Quarter Fiscal Year 2026 conference call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star one on your telephone keypad. To withdraw your question, press star one again. I will now hand the call over to Lara Mahoney. Please go ahead.Speaker6Thank you. Good m ...

Appian (NasdaqGM:APPN) Q4 2025 Earnings call February 19, 2026 08:30 AM ET Speaker5day, and thank you for standing by. Welcome to the Appian Fourth Quarter 2025 Earnings Conference Call. At this time, all participants are in listen-only mode. After the speaker's presentation, there'll be a question-and-answer session. To ask a question during the session, you'll need to press star one one on your telephone. You will then hear an automated message advising you on this raise. To withdraw your question, please ...

We recently published 10 Losing Stocks in an Otherwise Optimistic Market. SolarEdge Technologies Inc. (NASDAQ:SEDG) was one of the worst performers on Wednesday. SolarEdge snapped a two-day winning streak on Wednesday, shedding 5.47 percent to finish at $35.10 apiece as investors appeared to have already priced in a strong earnings performance last year prior to the official release. Earlier this month, several solar companies announced a stellar earnings performance for the fourth quarter and full-year ...

We recently published 10 Losing Stocks in an Otherwise Optimistic Market. USA Rare Earth Inc. (NASDAQ:USAR) was one of the worst performers on Wednesday. USA Rare Earth extended losses for a second day on Wednesday, shedding 4.31 percent to finish at $18.20 apiece as investors parked funds amid the absence of fresh catalysts to boost buying appetite. Despite the decline, USA Rare Earth Inc. (NASDAQ:USAR) was notably up by 53 percent year-to-date, albeit its month-to-date tally showed a decline of 18.8 p ...

Group 1 - Amazon has officially surpassed Walmart to become the world's highest-grossing company for the year, with a revenue of $717 billion compared to Walmart's $713.2 billion, marking a difference of $3.8 billion [1] - Walmart has held the title of global revenue leader for over a decade, primarily driven by its extensive physical store network and "Everyday Low Prices" strategy [1] - Walmart's e-commerce business has recently become profitable as an independent segment, with global e-commerce sales maintaining double-digit growth [1] Group 2 - Amazon's revenue growth is attributed to its diversified business structure, including significant contributions from its cloud computing division AWS, which saw a 20% year-over-year increase in sales, reaching $128.7 billion [1] - The competition between the two giants is evolving, with Walmart partnering with Google to integrate AI into its shopping process and increasing investments in supply chain automation and store renovations [2] - Amazon plans to invest approximately $200 billion in capital expenditures by 2026, focusing on expanding AI infrastructure and data centers [2]

Cummins (NYSE:CMI) FY Conference February 19, 2026 08:05 AM ET Company ParticipantsJeff Wiltrout - CFONick Arens - VP of Power SystemsConference Call ParticipantsAdam Seiden - Equity Research AnalystAdam SeidenAll right, great. I think we'll get going today for what is day three of the Barclays Industrial Select Conference. My name's Adam Seiden, and I lead the U.S. Machinery and Construction effort at Barclays, if I haven't met you. We're pleased to have at this session the folks from Cummins. We got both ...

Financial Data and Key Metrics Changes - In Q4 2025, total revenue increased by 12% year-over-year on an organic basis, excluding cyclical revenue from political campaign messaging [15][16] - For the full year 2025, total revenue reached $754 million, up 10% organically year-over-year, with a non-GAAP gross margin of 58% and adjusted EBITDA of $93 million [16][19] - Free cash flow for 2025 was $57 million, significantly exceeding the cumulative target of $125 million set for 2026 [7][19] Business Line Data and Key Metrics Changes - Voice segment achieved 11% year-over-year growth driven by increased usage and adoption of voice-based AI applications [15][16] - Messaging segment saw an organic growth of 12% year-over-year, primarily due to robust holiday messaging demand [15][16] - The enterprise voice customer category grew by 21% in 2025, supported by a record number of million-dollar-plus deals [16][17] Market Data and Key Metrics Changes - The company noted strong demand across both voice and messaging markets, with healthy execution contributing to confidence in future growth [8][18] - The political campaign contribution to revenue is expected to be approximately 2.5% of cloud communications revenue for 2026, with monitoring ongoing [32][34] Company Strategy and Development Direction - The company is focused on high-margin innovation, particularly in AI voice tools and orchestration software, which are seen as critical for future growth [6][9] - A share repurchase program of up to $80 million was authorized, reflecting confidence in the business model and cash generation capabilities [8][24] - The company aims for a 15%-20% revenue compound annual growth rate through 2026, with specific targets for gross margin, EBITDA margin, and free cash flow [7][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the upward trajectory of the business, despite market dynamics potentially impacting revenue growth [6][7] - The company anticipates continued growth in voice driven by AI applications and large deal activity, projecting a total revenue growth of approximately 16% year-over-year for 2026 [18][19] - Management highlighted the importance of customer relationships and the durability of the business model, with a customer retention rate above 99% [20][21] Other Important Information - The number of third-party conversational AI developers building on the company's platform has quadrupled over the past six months, indicating strong momentum [13] - The company is positioned at the intersection of enterprise communications and AI, with a robust infrastructure to support future innovations [14][26] Q&A Session Summary Question: Insights on Enterprise Voice segment growth - Management acknowledged a slight tick down in Q4 growth rates but expressed optimism for continued healthy growth in 2026 driven by large deals [30] Question: Political contribution to revenue - Management indicated that political campaign contributions are expected to be around 2.5% of cloud communications revenue for 2026, with ongoing monitoring [32][34] Question: Dynamics between cloud communication growth and total revenue growth - Management explained the difference is due to carrier messaging surcharges, which are expected to increase due to recent price hikes from carriers [38][43] Question: Competitive landscape with Twilio - Management noted that recent customer wins were not influenced by Twilio, highlighting competitive advantages over other carriers [46][47] Question: Details on the insurance example and Google AI integration - Management elaborated on the integration of Google AI within a complex Cisco environment, emphasizing the value of their orchestration platform [51] Question: AI's impact on the business and competitive moats - Management described AI as a significant tailwind for the business, with strong infrastructure and customer relationships serving as competitive advantages [53][54] Question: Pipeline for voice AI and its revenue impact - Management indicated that 2026 is expected to be a pivotal year for AI adoption in voice, with significant revenue implications [58][59] Question: Composition of million-dollar-plus deals - Management confirmed that the number of million-dollar-plus deals in 2025 exceeded previous years, driven by an expanded product portfolio and customer demand for AI integration [60][61]

Lemonade (NYSE:LMND) Q4 2025 Earnings call February 19, 2026 08:00 AM ET Speaker5Ladies and gentlemen, thank you for standing by. Today's conference call will begin shortly. If you would like to register a question at any time, please press star one on your telephone keypad. Hello, everybody, and welcome to the Lemonade Q4 2025 earnings call. My name is Elliot, and I'll be coordinating your call today. If you'd like to register a question during today's event, please press star one on your telephone keypad. ...