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AbCellera Biologics(ABCL) - 2025 Q4 - Earnings Call Transcript
2026-02-24 23:02
AbCellera Biologics (NasdaqGS:ABCL) Q4 2025 Earnings call February 24, 2026 05:00 PM ET Company ParticipantsAndrew Booth - CFOCarl Hansen - President and CEOMalcolm Hoffman - VP of BioPharma Equity ResearchSarah Noonberg - Chief Medical OfficerStephen Willey - Managing Director of HealthcareTryn Stimart - Chief Legal and Compliance OfficerConference Call ParticipantsAllison Bratzel - VP and Senior Research AnalystBrendan Smith - Director and Senior Analyst for Life Science Tools and Diagnostics/Biotechnolog ...
Inogen(INGN) - 2025 Q4 - Earnings Call Transcript
2026-02-24 23:02
Inogen (NasdaqGS:INGN) Q4 2025 Earnings call February 24, 2026 05:00 PM ET Company ParticipantsAnderson Schock - MedTech Equity Research AssociateJoseph Conway - Equity Research AssociateKevin Smith - President and CEOLauren Williams - Senior VP of Investor Relations and Strategic PlanningMike Bourque - CFOOperatorWelcome to Inogen's fourth quarter 2025 earnings conference call. At this time, all participants are in listen-only mode. Following management's prepared remarks, we will hold a Q&A session. To as ...
Evolent Health(EVH) - 2025 Q4 - Earnings Call Transcript
2026-02-24 23:02
Evolent Health (NYSE:EVH) Q4 2025 Earnings call February 24, 2026 05:00 PM ET Company ParticipantsDavid Larsen - Managing DirectorJailendra Singh - Managing DirectorJared Haase - Senior Research AssociateJeff Garro - Managing DirectorJohn Stansel - Equity Research AssociateKevin Caliendo - Managing DirectorMario Ramos - CFORichard Close - Managing DirectorRyan Halstead - Managing DirectorSeth Blackley - CEONone - Company RepresentativeConference Call ParticipantsDaniel Grosslight - Senior Research AnalystJe ...
AMC(AMC) - 2025 Q4 - Earnings Call Transcript
2026-02-24 23:02
AMC Entertainment (NYSE:AMC) Q4 2025 Earnings call February 24, 2026 05:00 PM ET Company ParticipantsAdam Aron - CEOChad Beynon - Managing DirectorJohn Merriwether - VP of Investor RelationsSean Goodman - CFOOperatorHello, welcome everyone to today's AMC Entertainment Holdings, Inc. fourth quarter and full year 2025 earnings webcast. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions during the question-and-answer session. To register to ask a que ...
Light & Wonder(LNW) - 2025 Q4 - Earnings Call Transcript
2026-02-24 23:02
Financial Data and Key Metrics Changes - In 2025, consolidated revenue reached $3.3 billion, up 4% from 2024, with fourth-quarter revenue of $891 million, a 12% year-over-year increase [27][28] - Consolidated EBITDA grew 29% year-over-year to $405 million in Q4, with annual AEBITDA of $1.44 billion, reflecting solid operational performance [29][30] - Adjusted NPATA per share (EPSA) increased 27% to $6.69, compared to $5.27 in the prior year [30] Business Line Data and Key Metrics Changes - Gaming revenue increased 17% to $602 million in Q4, driven by a 35% rise in gaming operations revenue to $237 million, and a record gaming machine sales of $234 million, up 20% year-over-year [12][27] - SciPlay revenue was $195 million for the quarter, with direct-to-consumer offerings growing to over 25% of total revenue, up from 13% at the end of 2024 [22] - iGaming revenue reached $94 million, up 21% year-over-year, with EBITDA of $36 million, reflecting a 44% increase [23][24] Market Data and Key Metrics Changes - North American install base for gaming operations increased 42% year-over-year to over 48,300 units, with average daily revenue per unit rising to $47, a 4% increase [14] - Global gaming machine sales were up 29% in unit shipments year-over-year to over 12,300 units [15] - The company is well-positioned for potential VLT expansion in states like Pennsylvania and Missouri, with a predicted market size of 40,000 units in Pennsylvania [64][66] Company Strategy and Development Direction - The company aims for $2 billion in consolidated EBITDA and EPSA exceeding $10.55 by 2028, focusing on growth initiatives and capital returns [5][6] - AI is viewed as a significant growth enabler, with the company launching an AI transformation program to enhance operational efficiency and game development [9][11] - The acquisition of Grover Gaming is expected to reinforce the company's recurring revenue model, with strong performance and expansion plans in Indiana [17][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving growth targets despite challenges, emphasizing the importance of operational efficiencies and strategic investments [5][43] - The company anticipates continued growth in premium North American gaming operations and expects to maintain a strong install base [32][44] - Legislative activities in various states present potential opportunities for market expansion, although these are not included in long-term guidance [66] Other Important Information - The company repurchased $877 million worth of shares in 2025, returning a total of $1.9 billion to shareholders since 2022 [6][42] - Operating cash flow was $319 million in Q4, up 58% year-over-year, with free cash flow increasing 138% to $176 million [36][38] - The company maintains a net debt leverage ratio of 3.4 times, with a principal debt value of $5.2 billion [39] Q&A Session Summary Question: Discussion on AI and competitive risks - Management highlighted the structural moats around the business, including strong market positions and established relationships with regulators, which help mitigate competitive risks [46][48] Question: Legislative activity regarding VLT expansion - Management expressed optimism about potential VLT expansion in states like Pennsylvania and Missouri, indicating readiness to deploy products if regulations are enacted [63][64] Question: Insights on Grover acquisition and growth prospects - Management reported strong performance from Grover, with expectations for similar market share in Indiana as seen in existing markets, and indicated a fee per day consistent with Class II standards [70][73]
Reddit Is Split on Whether PayPal at $42 Is a Steal or a Trap
247Wallst· 2026-02-24 23:01
1,477,413+$11.23+5.90%$201.49## Top Losing Stocks[Expeditors International of Washington][EXPD]• Vol: 3,193,314-$10.807.22%$138.83[Oneok][OKE]• Vol: 8,606,982-$4.445.08%$82.89[Molina Healthcare] [MOH]• Vol: 1,766,486-$7.905.06%$148.31[Fair Isaac][FICO]• Vol: Reddit Is Split on Whether PayPal at $42 Is a Steal or a Trap - 24/7 Wall St.[S&P 5006,887.80 -0.05%][Dow Jones49,157.40 -0.02%][Nasdaq 10024,959.90 -0.08%][Russell 20002,650.61 -0.04%][FTSE 10010,714.00 +0.29%][Nikkei 22558,012.80 +0.14%][Investing]# R ...
SLV Climbs as Reddit Bears Wave the White Flag
247Wallst· 2026-02-24 23:01
SLV Climbs as Reddit Bears Wave the White Flag - 24/7 Wall St.[S&P 5006,887.80 -0.05%][Dow Jones49,157.40 -0.02%][Nasdaq 10024,959.90 -0.08%][Russell 20002,650.61 -0.04%][FTSE 10010,714.00 +0.29%][Nikkei 22558,012.80 +0.14%][Investing]# SLV Climbs as Reddit Bears Wave the White Flag### Quick ReadiShares Silver Trust (SLV) rose 5.16% to $73.32 last week. SLV has gained 145% over one year.SLV climbed despite bearish Reddit sentiment. Traders closing short put positions created forced buying pressure.SLV colla ...
Analysts See 140% Upside in NuScale Power After Implosion
247Wallst· 2026-02-24 23:01
Analysts See 140% Upside in NuScale Power After Implosion - 24/7 Wall St.[S&P 5006,887.80 -0.05%][Dow Jones49,157.40 -0.02%][Nasdaq 10024,959.90 -0.08%][Russell 20002,650.61 -0.04%][FTSE 10010,714.00 +0.29%][Nikkei 22558,012.80 +0.14%][Investing]# Analysts See 140% Upside in NuScale Power After Implosion### Quick ReadNuScale Power (SMR) collapsed 75% after a $495M payment to ENTRA1 Energy triggered class action lawsuits alleging partner inexperience.NuScale burns $255.9M per quarter in operating cash flow a ...
AMD's $100B META Deal Shows "Two Worlds" in Training & Inferencing
Youtube· 2026-02-24 23:01
We're now joined by Corey Johnson, chief market strategist at Apistrophe Capital Research. Corey, so excited to get your thoughts on this news. I mean, how important is this AMD and Meta deal in terms of reshaping the AI landscape right now.>> I think it's huge and it's huge in a lot of ways. It's obviously huge for securing a place at Meta, one of the few companies that can really afford this this kind of a giant deployment uh for AMD, right. AMD is now there, you know, head-to-head.We know that they've be ...
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
Prnewswire· 2026-02-24 23:01
CHARLOTTE, N.C., Feb. 24, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and High Income Fund (NYSE American: ERH), and the Allspring Global Dividend Opportunity Fund (NYSE: EOD) have each announced a distribution. The final determination of the source of all dividend distributions in the current year will be made after year- end. The actual amounts and sources of the amounts for tax-repo ...