Quantum Corporation (NasdaqGM:QMCO) Q3 2026 Earnings call February 17, 2026 05:00 PM ET Company ParticipantsHugues Meyrath - President and CEOTara Ilges - VP, Corporate Affairs and Corporate SecretaryWilliam White - CFOConference Call ParticipantsEric Martinuzzi - Senior Research Analyst and COONehal Chokshi - Managing Director and Senior Research AnalystOperatorLadies and gentlemen, greetings and welcome to the Quantum Corporation Q3 fiscal 2026 financial results conference call. At this time, all particip ...

Republic Services (NYSE:RSG) Q4 2025 Earnings call February 17, 2026 05:00 PM ET Company ParticipantsAaron Evans - VP of Investor RelationsBrian DelGhiaccio - CFOJon Vander Ark - CEOShlomo Rosenbaum - Managing DirectorYehuda Silverman - Equity Research AssociateConference Call ParticipantsAdam Bubis - Analyst and Engineering Construction AnalystBryan Nicholas Burgmeier - Equity Research AnalystDavid John Manthey - Senior Research AnalystJerry Revich - Managing Director and Senior Equity Research AnalystJohn ...

Leslie's (NasdaqGS:LESL) Q1 2026 Earnings call February 17, 2026 05:00 PM ET Company ParticipantsJason McDonell - CEOJeff White - CFOJonathan Matuszewski - SVPSimeon Gutman - Managing DirectorOperatorGood afternoon, and welcome to the fiscal first quarter 2026 earnings conference call for Leslie's. At this time, all participants are in a listen-only mode. Following the prepared remarks, management will conduct a question-and-answer session. If you require any operator assistance during the conference call, ...

Leslie's (NasdaqGS:LESL) Q1 2026 Earnings call February 17, 2026 05:00 PM ET Company ParticipantsJason McDonell - CEOJeff White - CFOJonathan Matuszewski - SVPSimeon Gutman - Managing DirectorOperatorGood afternoon, and welcome to the fiscal first quarter 2026 earnings conference call for Leslie's. At this time, all participants are in a listen-only mode. Following the prepared remarks, management will conduct a question-and-answer session. If you require any operator assistance during the conference call, ...

PetVivo (OTCPK:PETV) Q3 2026 Earnings call February 17, 2026 05:00 PM ET Company ParticipantsGarry Lowenthal - CFOJohn Dolan - Chief Business Development Officer and General CounselJohn Lai - CEOConference Call ParticipantsNone - AnalystJohn DolanGood afternoon, everyone. Thank you for joining us today to discuss our results for our third quarter and first nine months of fiscal 2026, ended December 31, 2025. Hosting our call today is our Chief Executive Officer, John Lai, and our Chief Financial Officer, Ga ...

Cadence Design Systems (NasdaqGS:CDNS) Q4 2025 Earnings call February 17, 2026 05:00 PM ET Company ParticipantsAnirudh Devgan - President and CEOJay Vleeschhouwer - Managing DirectorJohn Wall - SVP and CFORichard Gu - VP of Investor RelationsConference Call ParticipantsAndrew DeGasperi - Equity Research AnalystCharles Shi - Equity Research AnalystGary Mobley - Equity Research AnalystGianmarco Conti - Equity Research AnalystJason Cellino - Equity Research AnalystJim Schneider - Senior Equity AnalystJoe Quatr ...

Financial Data and Key Metrics Changes - Cadence reported a 14% revenue growth for the fourth quarter and a 45% operating margin for the year, finishing 2025 with a record backlog of $7.8 billion [5][16] - Total revenue for Q4 was $1.44 billion and $5.297 billion for the year, with GAAP operating margin at 32.2% for the quarter and 28.2% for the year [16][17] - Non-GAAP operating margin was 45.8% for the quarter and 44.6% for the year, with GAAP EPS at $1.42 for the quarter and $4.06 for the year [17] Business Line Data and Key Metrics Changes - The core EDA business grew by 13% in 2025, with the recurring software business re-accelerating to double-digit growth in Q4 [10] - The IP business saw nearly 25% revenue growth in 2025, reflecting strong demand in AI, HPC, and automotive verticals [12][13] - The System Design and Analysis (SDA) business delivered 13% revenue growth in 2025, with a strategic shift towards annual subscription arrangements impacting year-over-year comparisons [51] Market Data and Key Metrics Changes - The semiconductor industry is projected to reach $1 trillion this year, indicating a healthier environment for Cadence's solutions [61] - China accounted for 12%-13% of revenue in 2024 and 2025, with expectations to maintain this range in 2026 [31] Company Strategy and Development Direction - Cadence is focusing on AI-driven solutions, with the launch of ChipStack AI Super Agent aimed at automating chip design and verification, providing up to 10x productivity improvements [7][8] - The company is expanding partnerships with leading foundries, including TSMC and Intel, to enhance AI flows and support next-generation designs [9] - The strategy includes a strong emphasis on agentic AI workflows, which are expected to increase the usage of Cadence's tools rather than displace them [25][27] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing demand for Cadence's engineering software, emphasizing that AI tools are increasing the usage of their products [27] - The outlook for 2026 includes expected revenue in the range of $5.9 billion to $6 billion, with a GAAP operating margin of 31.75%-32.75% and non-GAAP EPS in the range of $8.05-$8.15 [19][20] Other Important Information - The company plans to use approximately 50% of its free cash flow for share repurchases in 2026 [19] - Cadence's AI-driven EDA, SDA, and IP portfolio positions the company well to capture significant opportunities in the evolving market landscape [15] Q&A Session Summary Question: Disruption in AI affecting demand for EDA or IP tools - Management clarified that there has been no discussion from customers about reducing the usage of Cadence's tools; instead, AI tools are increasing the usage of their software [24][27] Question: Key contributors to recurring revenue improvements - Management noted that strong backlog and broad portfolio proliferation across EDA, IP, hardware, and SDA are driving recurring revenue growth [30][32] Question: Verification and emulation hardware cycle - Management indicated that demand for hardware systems remains strong, with expectations for continued growth in this segment [34][36] Question: Benefits from AI workflows - Management highlighted significant productivity improvements from AI, with customers reporting up to 10x productivity gains in certain areas [43][44] Question: Transition to one-year license terms for SDA - Management acknowledged that the shift to annual subscriptions impacted SDA revenue growth but remains optimistic about its strategic trajectory [51] Question: COT chip proliferation among hyperscalers - Management confirmed that the trend of hyperscalers designing their own chips is accelerating, with expectations for increased EDA consumption [56][59]

5E Advanced Materials (NasdaqGS:FEAM) Q2 2026 Earnings call February 17, 2026 05:00 PM ET Company ParticipantsPaul Weibel - CEOOperatorGood afternoon. Thank you for joining us today for 5E Advanced Materials fiscal second quarter conference call. During this call, management will be referencing our Form 10-Q that can be found in the investor relations section of our website. For a copy of our Form 10-Q, you may contact PRA Communications at team@pracommunications.com or go to our investor relations page on ...

Financial Data and Key Metrics Changes - For the full year 2025, same-store enterprise net revenues increased by $266 million or 2% year-over-year [5] - Fourth quarter consolidated net revenues reached $2.9 billion, up 4% year-over-year, with adjusted EBITDA of $901 million, up 2% year-over-year [6] - Digital segment achieved an all-time quarterly EBITDA record of $85 million in Q4 despite poor volume in October [6] Business Line Data and Key Metrics Changes - Las Vegas segment reported same-store adjusted EBITDA of $447 million, down from $477 million last year, with occupancy at 92% compared to 96.5% last year [7] - Regional revenues increased by 4% year-over-year, driven by strong performance in Danville and New Orleans, although regional EBITDA declined slightly due to poor winter weather [7][10] - Digital segment net revenue for Q4 was $419 million, with adjusted EBITDA of $85 million, and full-year net revenues reached $1.4 billion, up 21% year-over-year [12][13] Market Data and Key Metrics Changes - Las Vegas occupancy improved sequentially, with a strong event calendar contributing to performance, including a record F1 event and a strong New Year's Eve [8] - Regional segment expected to benefit from a strong group mix in Reno and the transition of Windsor from a managed to an owned property [10] - Digital segment saw a 19% increase in total monthly unique players, reaching 585,000 [13] Company Strategy and Development Direction - The company is focused on reinvesting in its assets to enhance customer experiences, with several upcoming CapEx projects in Las Vegas [9] - The strategy includes refining marketing approaches to deliver strong returns on investments, particularly in the regional segment [10] - The company aims to maintain a strong digital growth trajectory, targeting 20% top-line growth with 50% flow-through to EBITDA [21] Management's Comments on Operating Environment and Future Outlook - Management noted that leisure travel remains soft but is stabilizing, with expectations for group business to offset leisure softness in the near term [17] - The company anticipates continued improvement in Las Vegas driven by stabilizing leisure trends and a strong group and convention calendar [19] - Management expressed optimism about the potential for tax refunds to act as a tailwind for consumer discretionary spending in 2026 [58] Other Important Information - The company is reducing debt while executing opportunistic share repurchases, expecting to generate significant free cash flow in 2026 [16][25] - Management indicated that fixed marketing expenses will significantly decrease in 2026 and 2027, which should positively impact EBITDA [21] Q&A Session Summary Question: Insights on Las Vegas leisure customer trends - Management indicated that the leisure customer remains soft but is expected to recover as group business improves, with no crisis in Las Vegas [28][30] Question: Expectations on iGaming legalization in Maine and Virginia - Management expressed optimism about Maine's potential launch and noted positive developments in Virginia's legislative process [32][34] Question: Thoughts on capital investments in Las Vegas - Management highlighted ongoing renovations and improvements, expecting these to enhance performance during peak events [39][41] Question: Balancing debt reduction and buybacks with free cash flow - Management plans to balance debt reduction and share repurchases based on cash flow generation, with more activity expected in the second quarter [52] Question: Drivers of other revenue line item growth - Management will provide further details on the drivers of the other revenue line item in a follow-up [53] Question: Impact of tax refunds on consumer spending - Management believes tax refunds will provide a tailwind for consumer discretionary spending in 2026 [58] Question: Digital business valuation and potential spin-off - Management indicated that current market conditions do not favor a separation transaction, focusing instead on scaling the business [89]

PetVivo (OTCPK:PETV) Q3 2026 Earnings call February 17, 2026 05:00 PM ET Company ParticipantsGarry Lowenthal - CFOJohn Dolan - Chief Business Development Officer and General CounselJohn Lai - CEOConference Call ParticipantsNone - AnalystJohn DolanGood afternoon, everyone. Thank you for joining us today to discuss our results for our third quarter and first nine months of fiscal 2026, ended December 31, 2025. Hosting our call today is our Chief Executive Officer, John Lai, and our Chief Financial Officer, Ga ...