Financial Data and Key Metrics Changes - Revenue for Q4 2025 was $107.2 million, a 3% year-over-year increase, while full-year revenue grew 10% from 2024 [15][4] - Adjusted EBITDA reached $26.5 million in Q4, with an adjusted EBITDA margin of 25%, improving by 470 basis points year-over-year [16] - Free cash flow for Q4 was $21.8 million, and the company fully repaid a convertible note of $460 million during the same quarter [16] Business Line Data and Key Metrics Changes - Marketplace revenue in Q4 was $71.5 million, driven by 3.1 million active buyers and a spend per buyer of $342, with a marketplace take rate of 27.7% [16] - Services revenue for Q4 was $35.6 million, representing an 18% year-over-year growth and accounting for 33% of total revenue [18] - GMV from transactions over $1,000 grew 22.8% year-over-year in Q4, indicating a shift towards higher-value work [17] Market Data and Key Metrics Changes - The company noted a broader softness in SMB sentiment and muted freelancer hiring demand, impacting low-end transactions while high-value work continues to grow [17] - Projects over $1,000 currently represent less than 15% of marketplace GMV but are expected to become a larger contributor to overall business [7][8] Company Strategy and Development Direction - Fiverr is transitioning from a transaction-oriented marketplace to a trusted work platform, focusing on high-value, complex projects and AI-native work [5][10] - The company is prioritizing investments in matching technology, product experience, and operational excellence to support this transformation [11] - A multi-year execution plan has been developed to enhance the platform's capabilities and expand into enterprise and AI-native distribution channels [11] Management's Comments on Operating Environment and Future Outlook - Management believes that AI is reshaping access to talent rather than eliminating jobs, creating opportunities for higher-value specialized work [6][12] - The company expects 2026 to be a transformational year, with significant investments aimed at positioning for accelerated growth in 2027 and beyond [12][19] - There is an anticipated decline in low-end transactions due to AI solutions, while high-end segments are expected to grow significantly [37][66] Other Important Information - The company has initiated a restructuring to accelerate its strategic shift, with new leadership roles being established to enhance execution [12][13] - The guidance for 2026 revenue is projected to be between $380 million and $420 million, reflecting a year-over-year decline of 12% to 3% [19][20] Q&A Session Summary Question: Insights on execution plan around matching product and capital allocation - Management emphasized the focus on high-end projects and the need to deprioritize low-end transactions to drive growth [26][30] Question: Financial impact of deprioritizing lower-end market - Management clarified that the deprioritization is aimed at reallocating resources to high-end segments, which are expected to grow, while maintaining a healthy cash flow [36][37] Question: Margin profile post-transformation - Short-term EBITDA margins are expected to be lower due to increased investments, but long-term margins are anticipated to return to previous levels [41][42] Question: Revenue expectations for 2026 - Management indicated that revenue guidance reflects ongoing trends and uncertainties in the marketplace, particularly in low-end services [70] Question: Free cash flow expectations for 2026 - Free cash flow is expected to follow EBITDA trends, with a midpoint EBITDA margin of 18% [72] Question: Recurring work and product functionalities - The company is focused on enhancing data infrastructure and matching algorithms to support recurring work [76] Question: Buybacks versus M&A prioritization - Management maintains a balanced approach to capital allocation, continuing buybacks while being opportunistic in M&A [77]

HF Sinclair (NYSE:DINO) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker10Welcome to HF Sinclair Corporation's fourth quarter 2025 conference call and webcast. Hosting the call today is Franklin Myers, who is acting as temporary Chief Executive Officer of HF Sinclair. He is joined by Atanas Atanasov, Chief Financial Officer, Steve Ledbetter, EVP of Commercial, Valerie Pompa, EVP of Operations, and Matt Joyce, SVP of Lubricants and Specialties. At this time, all participants have been placed in a ...

MKS (NasdaqGS:MKSI) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker7I would now like to hand the conference over to your speaker today, Paretosh Misra. Please go ahead, sir.Speaker8Good morning, everyone. I'm Paretosh Misra, Vice President of Investor Relations, and I'm joined this morning by John Lee, President and Chief Executive Officer, and Ram Mayampurath, Executive Vice President and Chief Financial Officer. Yesterday, after market close, we released our financial results for the fourth qu ...

Financial Data and Key Metrics Changes - Ternium reported a net income of $171 million for Q4 2025, with a slight sequential decline in adjusted EBITDA, which remained stable [13][14] - The EBITDA margin reached 10% for the year, with a cash generation from operations of $2.3 billion, allowing the company to finance capital expenditures [4][18] - The company achieved $250 million in savings through cost reduction and efficiency programs in 2025 compared to 2024 [4] Business Line Data and Key Metrics Changes - The steel segment saw a decline in shipments primarily due to weaker volumes in the U.S. and Brazil, although higher volumes were recorded in Mexico [14][15] - Mining cash operating income increased sequentially due to stronger shipments and higher realized iron ore prices, partially offset by higher unit costs [15] Market Data and Key Metrics Changes - In Mexico, apparent consumption of steel decreased by 10% in 2025, with flat products consumption down 14% compared to 2024 [23] - The U.S. implemented significant trade measures against unfair practices from China, impacting the global steel market [5][9] - Brazil's recent anti-dumping measures and increased import taxes on steel products represent a significant shift in the market environment [9] Company Strategy and Development Direction - Ternium is focusing on enhancing regional integration and has expanded its footprint in Mexico, investing in technology to offer high-value products [6][11] - The company has started production in new facilities, including a cold rolling mill and a galvanized line, aimed at producing high-quality automotive steel [7][8] - Ternium aims to improve profitability in 2026, driven by cost reductions and operational efficiency [10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about Ternium's outlook for the coming years, expecting profitability to improve in 2026 despite ongoing trade issues [10][11] - The company is actively participating in discussions regarding trade frameworks to ensure fair competition and support local producers [5][6] Other Important Information - Ternium's board proposed an annual dividend of $2.7 per ADS for fiscal year 2025, maintaining the same level as 2024, reflecting confidence in the company's prospects [18] - The company secured a $1.25 billion loan through a green financing facility to support its projects, receiving multiple awards for this initiative [8] Q&A Session Summary Question: Outlook for the Mexican market and demand recovery - Management noted that demand in Mexico was significantly low in 2025, with expectations of a 4% market growth in 2026, driven by local steel mills gaining market share against imports [21][23][24] Question: Impact of anti-dumping measures in Brazil - Management indicated that the impact on pricing dynamics would be gradual, with expectations for a moderate increase in domestic prices [22][26] Question: Ternium's plan if USMCA is not renewed - Management stated that they operated in 2025 under the assumption of no renewal and would continue to adapt to the environment, focusing on market share growth [31][34] Question: Expectations for Ternium's volumes in 2026 - Management expects volumes to increase in Mexico, while the southern region may see recovery in the second half of the year [36][37] Question: Margin potential without USMCA changes - Management believes there is potential for margins to improve, aiming for a return to the 15%-20% range, but acknowledges that this may take time [41][46][86] Question: Capital allocation priorities - Management emphasized that both increasing dividends and pursuing growth opportunities in key markets are priorities [88][89]

LCI Industries (NYSE:LCII) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker4Hello, everyone, and thank you for joining us today for the LCI Industries Fourth Quarter 2025 Earnings Call. My name is Lucy, and I'll be coordinating your call today. Before we begin, I would like to remind you that certain statements made on today's conference call regarding LCI Industries and its operations may be considered forward-looking statements under the securities laws and involve a number of risks and uncerta ...

La-Z-Boy (NYSE:LZB) Q3 2026 Earnings call February 18, 2026 08:30 AM ET Speaker4Please note this conference is being recorded. I will now turn the conference over to your host, Mark Becks, Director of Investor Relations and Corporate Development at La-Z-Boy. Mark, the floor is yours.Speaker2Thank you, Jenny. Good morning, everyone, and thanks for joining us to discuss our fiscal 2026 third quarter. Joining me on today's call are Melinda Whittington, La-Z-Boy Incorporated's Board Chair, President, and Chief ...

Perion Network (NasdaqGS:PERI) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker6Hello everybody, and welcome to the Perion Network Q4 and full year 2025 earnings call. Today's conference is being recorded, and an archive of the webcast will be posted on the company's website. The press release detailing the financial results is available on the company's website at www.perion.com. Before we begin, I'd like to read the following safe harbor statement. Today's discussion includes forward-looking st ...

OPENLANE (NYSE:KAR) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker7Please note this event is being recorded. I would now like to turn the conference over to Bill Wright, Vice President, Investor Relations. Please go ahead.Speaker0Thank you, operator. Good morning, everyone. Welcome to OPENLANE's fourth quarter in 2025 and full year earnings call. With me today are Peter Kelly, CEO of OPENLANE, and Brad Herring, EVP and CFO of OPENLANE. Our remarks today include forward-looking statements within ...

Cinemark (NYSE:CNK) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker9As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Chanda Brashears, Senior Vice President, Investor Relations. Thank you. You may begin.Speaker1Good morning, everyone, and thank you for joining us today to discuss our fourth quarter and full year 2025 results. Our earnings release, executive commentary, as well as our Form 10-K, were issued earlier this morning and are available on o ...

Charles River Laboratories (NYSE:CRL) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker12I would now like to turn the conference over to your host, Todd Spencer, Vice President of Investor Relations. Please go ahead.Speaker14Good morning, and welcome to Charles River Laboratories' fourth quarter and full year 2025 earnings and 2026 guidance conference call and webcast. This morning, I am joined by Jim Foster, Chair, President, and Chief Executive Officer, Birgit Girshick, Executive Vice President ...