CEVA (NasdaqGS:CEVA) Q4 2025 Earnings call February 17, 2026 08:30 AM ET Company ParticipantsAlek Valero - Equity Research AssociateAmir Panush - CEORichard Kingston - VP of Investor RelationsRuben Roy - Managing DirectorYaniv Arieli - CFOConference Call ParticipantsKevin Cassidy - Senior Research AnalystSuji Desilva - Managing Director and Senior Research AnalystOperatorPlease note this event is being recorded. I would now like to turn the conference over to Richard Kingston, Vice President of Market Intel ...

Financial Data and Key Metrics Changes - The company reported full-year EBITDA of $248 million for 2025, exceeding previous expectations due to better-than-expected Q4 volumes, particularly in the Specialty segment [16][17] - Free cash flow for the year was $55 million, attributed to higher-than-expected EBITDA in Q4 and working capital initiatives [17][20] - Net debt at the end of the year was $920 million, with a leverage ratio of 3.7 times, down from 3.8 times at the end of Q3 [21] Business Line Data and Key Metrics Changes - The Rubber segment generated full-year adjusted EBITDA of $155 million, impacted by lower tire production rates in key Western markets and a 4% increase in volumes, mainly from South America and APAC [16][17] - The Specialty segment delivered adjusted EBITDA of $94 million, reflecting a 5% decrease in volumes due to soft global industrial activity [17] Market Data and Key Metrics Changes - The tire industry faced challenges due to elevated imports of lower-tier tires, which affected production rates and contract negotiations [7][9] - Recent trends indicate a reversal in consumer behavior, with Tier two and Tier one tires outselling Tier three brands for the first time last year, suggesting a potential recovery in demand [8] Company Strategy and Development Direction - The company is focused on managing costs and has implemented actions expected to drive $20 million in productivity and efficiency savings [10] - A shift in strategy towards maintaining market share rather than sacrificing volume for pricing has been adopted, aligning with customer needs during challenging market conditions [11] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about potential recovery in the tire industry, citing improvements in underlying carbon black indicators and a rebound in freight activity [15][25] - The company anticipates generating adjusted EBITDA between $160 million and $200 million for 2026, with free cash flow expected to be between $25 million and $50 million [23][24] Other Important Information - The company achieved a near-record year for employee safety, with only three incidents reported across its global network [6] - An amendment to the credit agreement was successfully negotiated, providing flexibility to navigate through current market conditions [12][21] Q&A Session Summary Question: Guidance and Rubber Segment - The impact of contract negotiations on guidance was discussed, with management indicating that pricing was the largest factor affecting outcomes [27][29] Question: Free Cash Flow Expectations - Management provided insights on expected free cash flow for 2026, emphasizing active management of working capital and capital expenditures [35][36] Question: Capacity and Contracts - Questions regarding capacity under contract versus normal years were addressed, with management indicating a slight decrease in contracted capacity due to lower tire manufacturing trends [41][42] Question: Tax Items and Specialty Segment Timing - A significant tax item related to a goodwill impairment charge was discussed, with expectations for a return to normal tax rates going forward [44] Question: Accounts Payable and Working Capital Management - Management confirmed active management of working capital elements, including accounts payable, and indicated that the current level is sustainable [49][55] Question: Conductive Carbons and La Porte Plant Update - The timeline for the La Porte plant project was extended to 2027, aligning with market demand [56] Question: Tire Shipments into Europe - Management noted that tire imports to Europe were more stable compared to the U.S., with no significant surge observed [58] Question: Pricing Comparisons with Competitors - Management provided insights on pricing changes, indicating a lower percentage decrease compared to competitors [64]

Genuine Parts Company (NYSE:GPC) Q4 2025 Earnings call February 17, 2026 08:30 AM ET Company ParticipantsBert Nappier - EVP and CFOTim Walsh - VP of Investor RelationsWill Stengel - President and CEOConference Call ParticipantsBret Jordan - Managing Director and Senior Equity Research AnalystChris Dankert - Senior Equity AnalystChris Horvers - Managing Director and Senior Equity Research AnalystGreg Melich - Equity Research AnalystKate McShane - Managing Director and Senior Equity AnalystMichael Lasser - Ma ...

Krystal Biotech (NasdaqGS:KRYS) Q4 2025 Earnings call February 17, 2026 08:30 AM ET Company ParticipantsChristine Wilson - SVP and Head of U.S. CommercialGavin Clark-Gartner - Managing Director of Biotechnology Equity ResearchJoshua Fleishman - Equity Research AssociateKate Romano - Chief Accounting OfficerKrish Krishnan - Chairman and CEOLaurent Goux - SVP and General Manager for EuropeStéphane Paquette - VP of Corporate DevelopmentSuma Krishnan - President of Research and DevelopmentConference Call Partic ...

Armada Hoffler Properties (NYSE:AHH) Q4 2025 Earnings call February 17, 2026 08:30 AM ET Company ParticipantsAndrew Berger - Equity Research AssociateChelsea Forrest - VP of Investor RelationsCraig Ramiro - EVP of Asset ManagementJon Petersen - Managing DirectorMatthew Barnes-Smith - CFOShawn Tibbetts - Chairman, President, and CEOViktor Fediv - Senior Equity Research AssociateOperatorThis call is being recorded on Tuesday, February 17, 2026. I would now like to turn the conference over to Chelsea Forrest, ...

Waystar (NasdaqGS:WAY) Q4 2025 Earnings call February 17, 2026 08:30 AM ET Company ParticipantsAlexei Gogolev - Managing DirectorBrian Peterson - Managing DirectorEdward Parker - Investor RelationsElizabeth Anderson - Senior Managing DirectorGeorge Hill - Managing DirectorKevin Caliendo - Managing DirectorMatthew Hawkins - CEORyan Halsted - Managing DirectorSteve Oreskovich - CFOSteven Valiquette - Managing DirectorConference Call ParticipantsAllen Lutz - Research AnalystBrian Tanquilut - Managing Director ...

Genuine Parts Company (NYSE:GPC) Q4 2025 Earnings call February 17, 2026 08:30 AM ET Company ParticipantsBert Nappier - EVP and CFOTim Walsh - VP of Investor RelationsWill Stengel - President and CEOConference Call ParticipantsBret Jordan - Managing Director and Senior Equity Research AnalystChris Dankert - Senior Equity AnalystChris Horvers - Managing Director and Senior Equity Research AnalystGreg Melich - Equity Research AnalystKate McShane - Managing Director and Senior Equity AnalystMichael Lasser - Ma ...

Financial Data and Key Metrics Changes - Revenue for Q4 2025 was $82.3 million, down 23% from $106.9 million in Q4 2024 [9] - Non-GAAP EPS for Q4 was $0.02, compared to $0.09 in Q4 2024 [12] - Full year revenue was $338.7 million, a decline of 14.1% from $394.2 million in 2024 [13] - Non-GAAP operating income for 2025 was $18 million, compared to $48.8 million in 2024 [14] - Net income for 2025 was $8.2 million, or $0.09 per diluted share, down from $36.4 million, or $0.41 per diluted share in 2024 [15] - Cash position at the end of 2025 was $38.4 million, up from $35.3 million at the end of 2024 [15] Business Line Data and Key Metrics Changes - Strongest regions in Q4 2025 were North America and India, generating $32.3 million and $24.7 million, respectively [9] - Non-GAAP gross margin for Q4 was 34.3%, unchanged from Q4 2024 [10] - R&D expenses for Q4 were $7.7 million, down from $8.8 million in Q4 2024 [10] - Sales and marketing expenses for Q4 were $11.4 million, up from $10.6 million in Q4 2024 [11] Market Data and Key Metrics Changes - The company expects 2026 revenue to be between $355 million and $385 million, based on backlog advancement in North America and a baseline of $100 million in annualized revenue from India [17] - The company is seeing strong demand in private networks, particularly in APAC, with a recent multi-million-dollar order from an electricity transmission utility [7] Company Strategy and Development Direction - The company plans to launch four new products in 2026, with some expected to generate initial revenue this year [5] - Focus remains on execution, differentiation, and conversion, with an emphasis on customer demand and revenue potential [6] - The company aims to improve profitability and cash generation while maintaining a disciplined approach to capital allocation [18] Management's Comments on Operating Environment and Future Outlook - Management remains confident in the outlook for 2026, with early activity in the year supporting this confidence [5] - The company is monitoring foreign exchange fluctuations and has a hedging policy in place [26] - Management believes that the second half of 2026 will be stronger than the first half, despite typical seasonality [27] Other Important Information - The company ended 2025 with a net cash position of $19.4 million, up from $10.1 million at the end of 2024 [15] - Inventory at the end of 2025 was $61.6 million, slightly up from $59.7 million at the end of 2024 [16] Q&A Session Summary Question: What would be needed to hit the high end of your 2026 guidance? - Management indicated that a combination of stronger performance in North America and India could help reach the high end of the guidance [20][21] Question: Can you talk about dollar to shekel issues and how you are handling that? - Management stated they are monitoring foreign exchange and have a hedging policy in place [26] Question: How do you see the balance of the first half versus the second half of 2026? - Management expects the second half to be stronger than the first half, with some delays in orders impacting Q1 [27] Question: Can you comment on the level of activity in the Asia-Pacific region for private networks? - Management noted multiple opportunities in APAC, particularly in mining and energy sectors [30] Question: Can you expand on your major Tier 1 customer in North America? - Management sees continued investment from this customer and opportunities for new use cases [38] Question: How are you addressing the rising costs of memory? - Management is focusing on building second and third sources for memory and making product adjustments to mitigate costs [42]

Krystal Biotech (NasdaqGS:KRYS) Q4 2025 Earnings call February 17, 2026 08:30 AM ET Company ParticipantsChristine Wilson - SVP and Head of U.S. CommercialGavin Clark-Gartner - Managing Director of Biotechnology Equity ResearchJoshua Fleishman - Equity Research AssociateKate Romano - Chief Accounting OfficerKrish Krishnan - Chairman and CEOLaurent Goux - SVP and General Manager for EuropeStéphane Paquette - VP of Corporate DevelopmentSuma Krishnan - President of Research and DevelopmentConference Call Partic ...

Waystar (NasdaqGS:WAY) Q4 2025 Earnings call February 17, 2026 08:30 AM ET Company ParticipantsAlexei Gogolev - Managing DirectorBrian Peterson - Managing DirectorEdward Parker - Investor RelationsElizabeth Anderson - Senior Managing DirectorGeorge Hill - Managing DirectorKevin Caliendo - Managing DirectorMatthew Hawkins - CEORyan Halsted - Managing DirectorSteve Oreskovich - CFOSteven Valiquette - Managing DirectorConference Call ParticipantsAllen Lutz - Research AnalystBrian Tanquilut - Managing Director ...