Expensify (NasdaqGS:EXFY) Q3 2025 Earnings Call November 06, 2025 05:00 PM ET Speaker0Welcome to the Expensify Q3 twenty twenty five Earnings. I'm CFO, Ryan Schafer. And with me, I have our Founder and CEO, David Barrett. And now I'm going to hand it over to Nikki for the legalese.Speaker1Please note that all the information presented on today's call is unaudited. And during the course of this call, management may make forward looking statements within the meaning of the federal securities laws. These state ...

Organogenesis (NasdaqCM:ORGO) Q3 2025 Earnings Call November 06, 2025 05:00 PM ET Speaker1Welcome, ladies and gentlemen, to the third quarter 2025 earnings conference call of Organogenesis Holdings. At this time, all participants have been placed in listen-only mode. Please note that this conference call is being recorded and that the recording will be available on the company's website for replay shortly. Before we begin, I would like to remind everyone that our remarks today may contain forward-looking st ...

Financial Data and Key Metrics Changes - Third-quarter revenue was $140 million, down from $162 million in Q3 2024, reflecting a decline of approximately 13.6% [11] - Operating profit for Q3 was $43 million, resulting in an operating margin of 31%, compared to $67 million and 41% in the prior year [13] - Net income for Q3 was $44 million, or $0.92 per diluted share, down from $67 million, or $1.40 per diluted share in Q3 2024 [14] - Full-year revenue guidance is now expected to be around the lower end of the range of $650-$700 million [4][11] Business Line Data and Key Metrics Changes - Total material sales in Q3 were $83 million, consistent with the prior year, while green emitter sales increased to $65 million from $63 million [11][12] - Red emitter sales decreased to $17 million from $20 million in Q3 2024 [12] - Royalty and licensing fees were $53 million, down from $75 million in the prior year, impacted by an out-of-period adjustment of $9.5 million [12] Market Data and Key Metrics Changes - The OLED market is projected to grow significantly, with IT applications expected to see a 170% increase in OLED units from 2024 to 2028 [7] - OLED smartphone growth is forecasted at 14%, while OLED TVs are expected to grow by 11% [8] - New Gen 8.6 OLED fabs in Korea and China are set to come online, marking a pivotal growth stage for medium-sized OLED manufacturing capacity [8] Company Strategy and Development Direction - The company announced a definitive agreement to acquire OLED patent assets from Merck KGaA for $50 million, expected to close in January 2026, enhancing its R&D capabilities [5] - The focus remains on innovation, with a strong emphasis on AI and machine learning to accelerate material discovery and broaden the product portfolio [5][16] - The company aims to lead the OLED industry into a new growth era, emphasizing energy efficiency and sustainability through its phosphorescent blue technology [9][19] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about renewed momentum and growth in Q4, driven by technology leadership and strong customer relationships [16] - Despite macroeconomic uncertainties, the OLED industry is entering a dynamic phase of expansion, particularly in IT applications [6][19] - The company is committed to advancing OLED technology and expanding into new markets, leveraging its core expertise [18] Other Important Information - The company ended the quarter with approximately $1 billion in cash and equivalents, and a quarterly dividend of $0.45 was approved [14][15] - The company celebrated the grand opening of its new global headquarters and R&D center in Singapore, focusing on emerging markets [18] Q&A Session Summary Question: Insights on Q4 revenue strength - Management indicated that forecasts from customers suggest growth in Q4, contributing to confidence in achieving revenue guidance [23] Question: Growth trajectory into 2026 - Management highlighted optimism for growth due to new capacity coming online and ongoing customer announcements regarding OLED adoption [25] Question: Status of LG Display contract negotiations - Management confirmed ongoing discussions with LG Display for a new contract, expecting a renewal given the long-term partnership [27] Question: Impact of phosphorescent blue on BOM costs - Management noted that Universal Display represents a small portion of the bill of materials for displays, even in tandem structures [29] Question: Changes in end market outlook - Management stated no significant changes in end markets for the current year, but highlighted growth potential in IT and foldable smartphone segments [34]

Coherus Oncology (NasdaqGM:CHRS) Q3 2025 Earnings Call November 06, 2025 05:00 PM ET Speaker0Okay, and thank you for standing by. Welcome to the Coherus Oncology Q3 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star one, one, on your telephone. You will then hear an automated message advising your hand is raised. To withdraw yo ...

Maravai LifeSciences (NasdaqGS:MRVI) Q3 2025 Earnings Call November 06, 2025 05:00 PM ET Speaker2Good afternoon, everyone. Welcome to today's Maravai LifeSciences third quarter 2025 earnings results conference call. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions during our question-and-answer session, and you may register to ask a question at any time by pressing star one on your telephone. Also, today's call is being recorded, and if you shou ...

CarGurus (NasdaqGS:CARG) Q3 2025 Earnings Call November 06, 2025 05:00 PM ET Speaker1Good day and welcome to the CarGurus Earnings Call. Please note that this event is being recorded. I would now like to turn the conference over to Kirndeep Singh, Vice President and Head of Investor Relations. Please go ahead.Speaker2Thank you, Operator. Good afternoon. I'm delighted to welcome you to CarGurus' Third Quarter 2025 Earnings Call. With me on the call today are Jason Trevisan, Chief Executive Officer, and Sam Z ...

Topgolf Callaway Brands (NYSE:MODG) Q3 2025 Earnings Call November 06, 2025 05:00 PM ET Speaker2Good day, and welcome to the Topgolf Callaway Brands third quarter of 2025 earnings conference call. All participants will be in a listen-only mode for the duration of the call. Should you need any assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on ...

Nektar Therapeutics (NasdaqCM:NKTR) Q3 2025 Earnings Call November 06, 2025 05:00 PM ET Speaker2Hello, and thank you for standing by. Welcome to the Nektar Therapeutics third quarter 2025 financial results conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. Please be advised that today's conference is being recorded. I would now like to hand the conference over to Vivian Wu from Nektar Investor Relations. T ...

HA Sustainable Infrastructure Capital (NYSE:HASI) Q3 2025 Earnings Call November 06, 2025 05:00 PM ET Speaker1Greetings and welcome to Hannon Armstrong Sustainable Infrastructure Capital Jonathan Lewis' third quarter 2025 earnings conference call and webcast. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star and then zero on your telephone key ...

StepStone (NasdaqGS:STEP) Q2 2026 Earnings Call November 06, 2025 05:00 PM ET Speaker0Hello, and welcome to StepStone Group's Q2 2026 earnings conference call. At this time, all participants are in the listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press Star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press Star 11 again. ...