Financial Data and Key Metrics Changes - SkyWest reported a net income of $91 million, or $2.21 per diluted share for Q4 2025, and a full-year net income of $428 million, or $10.35 per diluted share, reflecting a 31% increase in pre-tax income for the year [4][10] - Total Q4 revenue was $1 billion, down from $1.1 billion in Q3 2025 but up 8% from $944 million in Q4 2024 [10] - Pre-tax income for 2025 was $566 million, up 31% from 2024, with EBITDA reaching $982 million, an increase of over $100 million from the previous year [12] Business Line Data and Key Metrics Changes - Contract revenue for Q4 was $803 million, down from $844 million in Q3 2025 but up from $786 million in Q4 2024 [10][11] - Prorate and charter revenue was $167 million in Q4, flat with Q3 2025 but up from $126 million in Q4 2024 [11] - Leasing and other revenue increased to $54 million in Q4, up from $39 million in Q3 and $32 million in Q4 2024, driven by maintenance services provided to third parties [11] Market Data and Key Metrics Changes - SkyWest Airlines achieved over 250 days of 100% controllable completion in 2025, with over 2,500 daily scheduled departures [7] - The company experienced a modest impact from the government shutdown, with approximately 2,000 canceled flights and 3,000 block hours lost, resulting in a $7 million negative impact on Q4 results [25] Company Strategy and Development Direction - SkyWest announced extensions on key flying agreements, including 40 E175s with United and 13 E175s with Delta, solidifying partnerships and ensuring ongoing revenue stability [6][20] - The company plans to acquire and finance 29 additional E175s by the end of 2028, with a total of nearly 300 E175s expected in service by that time [16][21] - SkyWest aims to enhance service to underserved communities and capitalize on strong demand for its prorate product [19] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about growth possibilities in 2026, anticipating mid-single-digit percentage growth in block hours and earnings per share in the mid-$11 area [17][18] - The company is focused on improving return on invested capital and maintaining a strong balance sheet while pursuing various growth opportunities [16][70] - Management acknowledged challenges in the third-party MRO network but remains committed to enhancing fleet flexibility and operational execution [26][85] Other Important Information - SkyWest reduced its debt by $1 billion over the past three years, ending Q4 with a debt balance of $2.4 billion [13][16] - The company has $265 million of cumulative deferred revenue to be recognized in future periods [12] Q&A Session Summary Question: Impact of FAA cuts and government shutdown - Management acknowledged a strong cancellation rate relative to the industry due to the government shutdown but emphasized the importance of partnerships in mitigating impacts [29][30] Question: Update on encumbered assets - SkyWest has approximately $1.5 billion of unencumbered equipment, with expectations for this to increase as more E175s are paid off [32][33] Question: Aircraft utilization trends - Positive trends in aircraft utilization were noted, with expectations for continued improvement as schedules are optimized for 2026 [39] Question: E175 renewals and contract terms - The terms of the E175 renewals are consistent with previous agreements, reflecting evolving market conditions [42][47] Question: Maintenance expenses and aircraft readiness - Management indicated that maintenance expenses are consistent with previous levels, with 20 aircraft currently in heavy maintenance and expected to return to service soon [51][52] Question: Revenue model and charter business outlook - Demand for charter services remains strong, but aircraft availability limits the ability to capitalize on this demand in 2026 [77][78] Question: Performance compared to mainline partners - SkyWest consistently ranks as a high performer in completion percentages, emphasizing operational execution across multiple partnerships [81][82]

Schneider National (NYSE:SNDR) Q4 2025 Earnings call January 29, 2026 04:30 PM ET Company ParticipantsAndrew Cox - Research Associate IIChristyne McGarvey - VP of Investor RelationsDarrell Campbell - EVP and CFOJim Filter - EVP and Group President of Transportation and LogisticsJonathan Chappell - Senior Managing DirectorKen Hoexter - Managing DirectorMark Rourke - President and CEORavi Shanker - Managing DirectorConference Call ParticipantsAri Rosa - Senior AnalystBrian Ossenbeck - Managing Director and Se ...

GSI (NasdaqGS:GSIT) Q3 2026 Earnings call January 29, 2026 04:30 PM ET Company ParticipantsDidier Lasserre - VP of SalesDouglas Schirle - CFOLee-Lean Shu - Chairman, President, and CEOConference Call ParticipantsRobert Aguanno - Research AnalystOperatorWelcome to GSI Technology's Q3 Fiscal 2026 Results Conference Call. At this time, all participants are in listen-only mode. Later, we will conduct a question-and-answer session. At that time, we will provide instructions for those interested in entering the q ...

Deckers Outdoor (NYSE:DECK) Q3 2026 Earnings call January 29, 2026 04:30 PM ET Company ParticipantsDana Telsey - CEO and Chief Research OfficerErinn Kohler - VP of Investor Relations and Corporate PlanningPaul Lejuez - Managing Director and Head of Consumer Discretionary ResearchStefano Caroti - President and CEOSteve Fasching - CFOConference Call ParticipantsJay Sole - Managing Director and Senior Equity AnalystLaurent Vasilescu - Managing Director and Senior Equity AnalystPeter McGoldrick - VP of Equity R ...

GSI (NasdaqGS:GSIT) Q3 2026 Earnings call January 29, 2026 04:30 PM ET Company ParticipantsDidier Lasserre - VP of SalesDouglas Schirle - CFOLee-Lean Shu - Chairman, President, and CEOConference Call ParticipantsRobert Aguanno - Research AnalystOperatorWelcome to GSI Technology's third quarter fiscal 2026 results conference call. At this time, all participants are in listen-only mode. Later, we will conduct a question-and-answer session. At that time, we will provide instructions for those interested in ent ...

Sandisk (NasdaqGS:SNDK) Q2 2026 Earnings call January 29, 2026 04:30 PM ET Company ParticipantsBlayne Curtis - Managing DirectorCJ Muse - Senior Managing DirectorDavid Goeckeler - Chairman and CEOIvan Donaldson - Head of Investor RelationsJoe Moore - Managing DirectorKarl Ackerman - Managing Director of Equity Research, Semiconductors, and IT HardwareLuis Visoso - EVP and CFOMatthew Pan - Equity Research Assistant VPVijay Rakesh - Managing DirectorConference Call ParticipantsAsiya Merchant - Director and Eq ...

Financial Performance - The company reported Q2 revenues of $464 million, an increase of 11% year-over-year, setting a Q2 record [4][6] - Non-GAAP adjusted EPS reached a record of $2.58, reflecting strong earnings growth [4] - Operating cash flow was solid at $62 million, with expectations for even stronger cash flow in calendar 2026 [4][18] Business Segment Performance - The security division generated revenues of $335 million, up 15% year-over-year, driven by higher service revenues and RF business integration [13][14] - Optoelectronics and Manufacturing division revenues increased 12% year-over-year to $113 million, achieving a new Q2 record [14] - The Healthcare division faced challenges, with sales remaining soft, but the company is focused on long-term value creation through intensified sales efforts [10][11] Market Dynamics - The security division's bookings were lower than expected due to delays from the U.S. government shutdown and international customer pushouts, but the pipeline remains strong [7][24] - The RF business is expanding with a $30 million international order for naval operations and participation in the Golden Dome missile defense initiative, which has a ceiling value of $151 billion [8][9] - The optoelectronics division is benefiting from OEMs diversifying supply chains away from China, with strong demand across various industries [10] Strategic Direction - The company is committed to innovation, as reflected in increased R&D spending, which rose to $19.8 million, or 4.3% of revenues [15] - The company is raising its fiscal 2026 non-GAAP EPS guidance to a range of $10.30-$10.55, indicating 10%-13% year-over-year growth [20] - The focus remains on operational excellence and long-term value creation for shareholders, with plans to invest in key strategic areas [22] Management Commentary - Management expressed confidence in a strong second half of fiscal 2026, supported by a healthy backlog and anticipated cash inflows from Mexico receivables [6][18] - The company acknowledged the impact of the government shutdown on order timing but remains optimistic about future growth opportunities [32][34] - Management highlighted the importance of service revenue growth, which is expected to outpace product revenue growth, contributing to margin expansion [36][37] Other Important Information - The company completed a convertible notes transaction raising $575 million, enhancing liquidity and financial flexibility [19] - The balance sheet remains solid, with net leverage at approximately 2.2 [19] Q&A Session Question: Orders activity in security was softer than expected - Management acknowledged that orders were lower due to delays but emphasized that these opportunities are still alive in the pipeline [24] Question: Details on the IDIQ contract with Golden Dome - Management indicated that while timing is uncertain, they feel well-positioned for future orders related to this significant contract [25][26] Question: Interest expense outlook - Management expects a decrease in interest expense from Q2 to Q3 due to the paydown of the revolver [27] Question: Cash flow expectations - Management anticipates strong free cash flow over the next 12 months, with potential for additional share buybacks [28] Question: Impact of government shutdown on RFP timing - Management noted that the shutdown has pushed some timelines to the right, but they expect some cash flow in the first half of the year [32] Question: Opportunities in the radio frequency business - Management expressed confidence in growth prospects for the RF business, particularly related to the Golden Dome initiative [56] Question: Pipeline for major events like FIFA World Cup and Olympics - Management highlighted their strong position and experience in handling major events, indicating a robust pipeline for upcoming opportunities [60]

MaxLinear (NasdaqGS:MXL) Q4 2025 Earnings call January 29, 2026 04:30 PM ET Company ParticipantsAlek Valero - Equity Research AssociateKishore Seendripu - CEO, President and ChairmanLeslie Green - IRQuinn Bolton - MD, Director and Equity ResearchRoss Seymore - MDSamuel Feldman - Equity Research AssociateSteve Litchfield - CFO and CCSOTore Svanberg - MDConference Call ParticipantsChristopher Rolland - Semiconductor AnalystDavid Williams - Senior Equity Research AnalystTim Savageaux - Senior Research AnalystO ...

NewtekOne (NasdaqGM:NEWT) Q4 2025 Earnings call January 29, 2026 04:30 PM ET Company ParticipantsBarry Sloane - President and CEOFrank DeMaria - EVP and CFOConference Call ParticipantsChristopher Nolan - AnalystDillion Hines - AnalystStephen Moss - AnalystTim Switzer - Senior Research AnalystOperatorThank you for standing by and welcome to NewtekOne, Inc.'s Fourth Quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a ...

ResMed (NYSE:RMD) Q2 2026 Earnings call January 29, 2026 04:30 PM ET Company ParticipantsBrett Sandercock - CFOJon Block - Managing Director for Medical Technology and SuppliesMick Farrell - CEO and ChairmanNathan Treybeck - VP of Equity Research for Medical DevicesSalli Schwartz - Chief Investor Relations OfficerConference Call ParticipantsAnthony Petrone - Managing Director and Senior Medical Devices, Diagnostics and Therapeutics Equity Research AnalystBrandon Vazquez - Equity Research Analyst for Healthc ...