Patria Investments (NasdaqGS:PAX) Update / briefing January 15, 2026 10:00 AM ET Company ParticipantsAndre Medina - Head of Shareholder RelationsLuis Fernando Lopes - Chief EconomistThiago Pasqua - CSOAndre MedinaHello, everyone. I'm Andre Medina. I lead Patria Shareholder Relations, and welcome to the fourth edition of our PAX Talks on Macroeconomics: Investing Amidst Ugly Geopolitics. This will be a fireside chat Q&A format, so you're welcome to submit your questions. If we're not able to, if we don't hav ...

Summary of ADTRAN Conference Call Company Overview - **Company**: ADTRAN - **Industry**: Communications and Networking - **Key Executives**: Tom Stanton (Chairperson and CEO), Tim Santo (CFO) Key Points Financial Performance - **Optical Networking Solutions**: Increased by 24% year-over-year in Q3 2025, indicating strong sales execution and recovery from supply chain issues [4][5] - **Profitability Metrics**: Operating margin improved to approximately 5%, attributed to cost discipline and leveraging scale [6] - **Gross Margin Expectations**: Projected to remain in the range of 42%-43%, with a positive trend anticipated across product lines [40] Market Opportunities - **European Market**: Significant opportunity in the Huawei replacement market, estimated at around $800 million annually, primarily in Europe [8][20] - **Access Business**: Expected strength in the first half of 2026 as European carriers begin to come online [7] - **BEAD Program**: Anticipated early revenue in the second half of 2026, with a material increase expected in 2027 [10][17] Customer and Inventory Insights - **Customer Inventory**: No significant inventory issues reported; customers are purchasing as needed [28][32] - **AI Integration**: Launch of Clarity, an AI tool for network maintenance and troubleshooting, showing positive beta testing results [33][57] Competitive Landscape - **Market Position**: ADTRAN feels confident in its competitive position, particularly in Europe where fewer competitors exist [48][49] - **Impact of Mergers**: The merger between Nokia and Infinera has created opportunities for ADTRAN as customers seek alternatives [51] Regulatory and Legislative Environment - **EU Legislation**: Discussions around funding for replacing old infrastructure are ongoing, which could benefit ADTRAN in the long term [24][25] Strategic Focus - **Sales and Growth**: Plans to optimize operating costs while increasing sales resources to drive growth [62] - **M&A Activity**: Limited opportunities for consolidation in the optical space, but potential remains for smaller players [60][61] Investor Sentiment - **Market Perception**: There is a belief that the market may be undervaluing ADTRAN's performance and potential, with consistent execution expected to eventually reflect in stock performance [63][64] Additional Insights - **Supply Chain Management**: Successfully navigating supply chain pressures, with confidence in maintaining guidance despite some cost pressures [42] - **Long-term Vision**: Focus on upgrading existing infrastructure to meet the demands of hyperscalers and larger carriers [34][36] This summary encapsulates the key insights and strategic directions discussed during the ADTRAN conference call, highlighting the company's performance, market opportunities, and future outlook.

NeurAxis (NYSEAM:NRXS) FY Conference January 15, 2026 09:30 AM ET Company ParticipantsBrian Carrico - CEOBen Shamsian - VP of Investor RelationsBen ShamsianHello, and welcome to NeurAxis Company Webcast. My name is Ben Shamsian, Vice President of Lytham Partners, and today, Brian Carrico, CEO of NeurAxis, will be taking us through a brief slide presentation, followed by a fireside chat moderated by me. As a reminder, NeurAxis trades under the ticker NRXS. With that, let's get started. Brian, welcome.Brian C ...

Summary of GRI Bio Inc. Extraordinary General Meeting Company Overview - **Company Name**: GRI Bio Inc. - **Stock Symbol**: NasdaqCM: GRI - **Meeting Date**: January 15, 2026 Key Points Discussed Meeting Attendance and Quorum - A total of **4,874,725 shares** were present, representing **48.16%** of the outstanding voting stock, confirming a quorum for the meeting [2] Proposals Voted Upon 1. **Amendment Proposal**: - Approval of an amendment to the Amended and Restated Certificate of Incorporation to effect a **reverse stock split** of the company's Common Stock at a ratio between **1 for 2** and **1 for 30**. - The exact ratio will be determined by the Board of Directors, and they have the discretion to abandon the proposed amendment [3] 2. **Adjournment Proposal**: - Approval for the adjournment of the special meeting to a later date if necessary, to allow further solicitation and voting of proxies in case there are insufficient votes for the amendment proposal [4] Voting Process - Voting was conducted via proxy and electronic ballot, with an option for stockholders to vote during the meeting [5] - Preliminary results indicated that both the amendment and adjournment proposals received the requisite votes for approval [5] Conclusion of Meeting - Both proposals were declared duly approved, with final voting results expected to be reported on Form 8-K to the SEC within four business days [6] - The meeting concluded with appreciation expressed to stockholders for their participation [6][7] Additional Important Information - The meeting was attended by key executives including the CEO, CFO, and legal counsel, indicating a structured approach to governance and compliance [1] - The ability for the Board to abandon the reverse stock split proposal highlights a level of flexibility in corporate governance [3]

Information Services Group (NasdaqGM:III) Update / briefing January 15, 2026 09:00 AM ET Company ParticipantsBryan Bergin - Managing Director of Equity ResearchNamratha Dharshan - Chief Business LeaderSteve Hall - Chief AI OfficerKathy Rudy - Partner and Chief Data Analytics OfficerConference Call ParticipantsAlex Bakker - Distinguished AnalystMark Smith - Chief Software AnalystBryan BerginAll right, welcome to the Fourth Quarter 2025 ISG Global Index call.I'm Bryan Bergin with TD Cowen andI'd like to thank ...

Kinross Gold (NYSE:KGC) Update / briefing January 15, 2026 09:00 AM ET Company ParticipantsMatthew Murphy - DirectorNicos Pfeiffer - VP of Geology and Technical EvaluationsWill Dunford - SVP and CTODavid Shaver - SVP of Investor RelationsYves Breau - VP of Metallurgy and EngineeringPaul Rollinson - CEOConference Call ParticipantsCarey MacRury - Equity Research AnalystOperatorGood morning. My name is Jenny, and I will be your conference operator today. At this time, I would like to welcome everyone to the Ki ...

Summary of USA TODAY's Conference Call Company Overview - **Company**: USA TODAY Co. - **Industry**: Media and Publishing Key Operating Pillars 1. **Content and Audience**: - Focus on expanding content strategy beyond news to engage a broader audience and increase repeat visits [4][5] - Achieved approximately 187 million unique visitors monthly, ranking among the top three in the U.S. digital news ecosystem [5] - Emphasis on verticals such as sports, entertainment, and events to enhance audience engagement [6] 2. **Diversified Digital Revenue Streams**: - Strategy includes digital advertising, subscriptions, e-commerce, digital marketing solutions, and AI licensing [6][7] - Digital revenue accounted for 47% in Q3 2023, with expectations to exceed 50% by 2026 [10][14] 3. **Strengthening Capital Structure**: - Aim to reduce debt to approximately one times EBITDA, having already decreased debt by nearly $1 billion since the 2019 merger [7][8] - Focus on maintaining liquidity and investing in business growth [9] Digital Transformation - Transitioning from a legacy print business to a digital-first model, with a goal of achieving over 50% digital revenue by 2026 [10][12] - Comparison to New York Times, which successfully transitioned to a growing digital business, indicating potential for multiple re-rating [10][12] Revenue Growth and Engagement - AI licensing agreements with major companies like Meta, Microsoft, and Amazon are expected to drive new revenue streams [14][15][26] - Digital advertising is seeing a resurgence as brand advertisers return to quality media platforms [17][18] - New initiatives like "Play" are enhancing audience engagement and driving additional revenue [19][20] AI and Licensing - AI applications are viewed as a potential net positive for the media industry, with ongoing efforts to block unauthorized scraping of content [21][25] - Licensing deals with major tech companies are expected to enhance revenue opportunities [24][26] Legal Matters - Ongoing antitrust lawsuit against Google aims to create a level playing field in the digital advertising ecosystem [27][30] - Positive developments in litigation, including favorable summary judgment and upcoming trial milestones [28][29] Rebranding Strategy - Rebranding to USA TODAY aimed to leverage brand equity and improve recognition among advertisers and consumers [32][36] - The rebranding is expected to open up new national advertising revenue opportunities [36] Cost Management and Capital Allocation - A $100 million cost savings program focused on sustainability and efficiency, including automation and outsourcing [40][41] - Debt repayment remains a top priority, with plans to reduce leverage and increase flexibility for future investments [44][46] Investor Insights - Emphasis on long-term growth and transformation, with a call for patience from investors as the company navigates its transition [48][49] - Confidence in future revenue growth driven by diversified digital streams and a large audience base [50] Conclusion - USA TODAY is positioned for significant growth as it continues its digital transformation, with multiple revenue streams and a focus on audience engagement. The company is optimistic about its future prospects, particularly in light of ongoing legal developments and strategic initiatives.

Ocugen (NasdaqCM:OCGN) Update / briefing January 15, 2026 08:30 AM ET Company ParticipantsSwayampakula Ramakanth - Managing DirectorLejla Vajzovic - Clinical Trial InvestigatorJay Chablani - Clinical Trial InvestigatorHuma Qamar - CMOArun Upadhyay - Chief Scientific OfficerElemer Piros - Managing DirectorArshad Khanani - Clinical Trial InvestigatorShankar Musunuri - Chairman, CEO, and Co-FounderConference Call ParticipantsRobert LeBoyer - Senior Biotechnology AnalystMichael Okunewitch - Senior Biotechnology ...

Talen Energy (NasdaqGS:TLN) M&A announcement January 15, 2026 08:30 AM ET Company ParticipantsDavid Arcaro - Director of Equity ResearchSergio Castro - VP and TreasurerTerry Nutt - PresidentCole Muller - CFOMark McFarland - CEOConference Call ParticipantsAngie Storozynski - AnalystRoss Fowler - AnalystShar Pourreza - AnalystCraig Shere - AnalystIvana Ergovic - AnalystOperatorLadies and gentlemen, thank you for standing by. Welcome to Talen Energy Business Update Call. At this time, all participants are in a ...

Biofrontera (NasdaqCM:BFRI) FY Conference January 15, 2026 08:30 AM ET Company ParticipantsBen Shamsian - VPRobert Blum - Managing PartnerFred Leffler - CFOHermann Lübbert - Founder and Executive ChairmanFrançois Roberge - CEORobert BlumHello, everyone. Welcome to the Lytham Partners 2026 Investor Healthcare Summit. I'm Robert Blum, Managing Partner here at Lytham and your host for today's event. We're excited to introduce this group of companies driving innovation across the healthcare landscape today. Thr ...