Tanger (NYSE:SKT) Q4 2025 Earnings call February 25, 2026 08:30 AM ET Company ParticipantsAshley Curtis - AVP for Investor RelationsFloris Van Dijkum - Managing Director for Equity ResearchHarrison Slater - Equity Research AssociateHong Zhang - Vice President for North America Equity Research (REITs)Juan Sanabria - Managing Director for U.S. Real Estate Equity ResearchJustin Stein - EVP and Chief Revenue OfficerMichael Bilerman - EVP, CFO, and Chief Investment OfficerNaishal Shah - Senior Associate for Equi ...

CS Disco (NYSE:LAW) Q4 2025 Earnings call February 25, 2026 08:30 AM ET Company ParticipantsAaron Barfoot - CFOAleksey Lakchakov - Head of Investor RelationsEric Friedrichsen - CEORichard Crum - Chief Product, Technology and Strategy OfficerConference Call ParticipantsDJ Hynes - Managing Director and Senior AnalystMark Schappel - SVP and Senior Equity Research AnalystScott Berg - Managing Director and Senior Research AnalystOperatorLadies and gentlemen, thank you for standing by, and welcome to CS DISCO's Q ...

Financial Data and Key Metrics Changes - Reported net revenues for Q4 2025 were $2.12 billion, a 13.8% increase from $1.86 billion in the prior year period, with organic growth of 11.1% driven by inspection, service, and monitoring revenues [15][16] - Adjusted EBITDA for Q4 2025 increased by 21.9%, with an adjusted EBITDA margin of 13.9%, representing a 90 basis point increase compared to the prior year [15][16] - Full year 2025 adjusted free cash flow was $836 million, up $168 million from the previous year, with a conversion rate of 80% [19][20] Business Line Data and Key Metrics Changes - In the Safety Services segment, Q4 revenues were $1.42 billion, a 10.6% increase, with organic growth of 6.6% driven by inspection, service, and monitoring revenues [16][17] - Specialty Services reported Q4 revenues of $695 million, a 20.7% increase, with segment earnings increasing by 40.7% [18] Market Data and Key Metrics Changes - The backlog as of the end of 2025 was over $4 billion, indicating strong demand across various end markets, particularly in data centers and advanced manufacturing [30][51] - Data centers represented approximately 8% of total revenue by the end of 2025, expected to grow to about 10% in 2026 [43] Company Strategy and Development Direction - The company continues to focus on its 10/16/60+ financial targets, aiming for $10 billion in net revenues by 2028, with a target of 16%+ adjusted EBITDA margin [14][25] - The company is committed to a disciplined M&A strategy, having completed 14 acquisitions in 2025 and pursuing additional opportunities in fire-life safety and electronic security [11][46] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the business, highlighting that 54% of revenue comes from recurring inspection, service, and monitoring, which provides stability regardless of macroeconomic conditions [93][94] - The company anticipates continued strong demand in 2026, driven by robust project opportunities and a healthy backlog [30][88] Other Important Information - The company will celebrate its 100-year anniversary in 2026, emphasizing its commitment to community and employee well-being [12] - The company has been recognized as a military-friendly employer for 2026, reinforcing its commitment to providing opportunities for veterans [6] Q&A Session Summary Question: Revenue guidance and market conditions - Management indicated that the revenue guidance reflects high single-digit growth in inspection service and monitoring, with low single-digit growth in project work, supported by a strong backlog [28][29] Question: Adjusted EBITDA margins - Management does not expect material changes in tariffs to impact the business and anticipates enhanced gross margins from project-related work, particularly in data centers [35][36] Question: Data center opportunities - Data centers are contributing to growth, expected to represent about 10% of total revenue in 2026, with strong margins due to limited competition [43][44] Question: M&A pipeline - The M&A pipeline remains robust, with opportunities in fire-life safety and elevator services, and management is optimistic about closing additional deals in 2026 [46][47] Question: Project demand assumptions - Management acknowledged that the guidance for project demand reflects conservatism due to early-year uncertainties and tougher comparisons from the previous year [75][76] Question: Capital deployment priorities - Management indicated that M&A will take priority over share repurchases, with a focus on finding attractive acquisition opportunities [84][85]

Slide Insurance (NasdaqGS:SLDE) Q4 2025 Earnings call February 25, 2026 08:30 AM ET Company ParticipantsAndy Omiridis - CFOBruce Lucas - Chairman and CEOThomas McJoynt - Director of Equity ResearchNone - Company RepresentativeConference Call ParticipantsAlex Scott - Director and Senior Equity Research AnalystMatthew Carletti - Managing Director and Senior Equity AnalystPaul Newsome - Managing Director and Senior Research AnalystOperatorGreetings, welcome to the Slide Insurance fourth quarter 2025 earnings c ...

Taboola.com (NasdaqGS:TBLA) Q4 2025 Earnings call February 25, 2026 08:30 AM ET Company ParticipantsAadam Anwar - Head of Investor RelationsAdam Singolda - Founder and CEOMatthew Condon - Director of Equity ResearchStephen Walker - CFOConference Call ParticipantsBarton Crockett - Managing Director and Senior Research AnalystJames Kopelman - VP and TMT Research AnalystLaura Martin - Senior Entertainment and Internet AnalystMark Zgutowicz - Equity Research AnalystTyler DiMatteo - VP and Digital Media and Live ...

Gladstone Land (NasdaqGM:LAND) Q4 2025 Earnings call February 25, 2026 08:30 AM ET Company ParticipantsBill Reiman - EVP of West Coast OperationsCatherine Gerkis - Director of Investor Relations and ESGCraig Kucera - Managing Director of Equity ResearchDavid Gladstone - Founder, Chairman of the Board, President, and CEOLewis Parrish - CFO, and Assistant TreasurerConference Call ParticipantsJohn Massocca - Director, and Senior Equity Research AnalystOperatorGreetings, welcome to the Gladstone Land Corporatio ...

Steven Madden (NasdaqGS:SHOO) Q4 2025 Earnings call February 25, 2026 08:30 AM ET Speaker8Good day, and thank you for standing by. Welcome to the Q4 and full year 2025 Steven Madden, Ltd. Earnings conference call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during this session, you will need to press star one one on your telephone. You will then hear an automated message advising your hand is raised. ...

Financial Data and Key Metrics Changes - In 2025, the company achieved a 68% increase in Adjusted EPS and a 51% increase in Adjusted EBITDA compared to 2024 [4] - For Q4 2025, net income was $117 million and Adjusted EBITDA was $269 million, bringing full-year net income to $322 million and Adjusted EBITDA to $901 million [20][21] - The year-end leverage ratio was 2.7 times, down from 3.3 times in Q4 2024, indicating improved financial health [26] Business Segment Data and Key Metrics Changes - Contract operations revenue for Q4 2025 was $327 million, consistent with Q3 2025, with an adjusted gross margin percentage of approximately 78% [23] - The aftermarket services segment reported Q4 2025 revenue of $50 million, up from $40 million a year ago, with an adjusted gross margin percentage of 24% [24] - The average time an Archrock compressor remains on location increased to 73 months, reflecting strong demand and operational efficiency [11] Market Data and Key Metrics Changes - U.S. natural gas volumes are expected to increase incrementally in 2026, particularly in the Permian Basin, where gas volumes are projected to grow at mid-single-digit rates [9] - LNG exports are anticipated to continue growing, with an additional 2 BCF per day of export capacity coming online in 2026 [10] - The company has a substantial backlog for 2026, with 85% contracted, and has already booked units for 2027 delivery [10] Company Strategy and Development Direction - The company's strategy for 2026 focuses on investing in natural gas infrastructure, maximizing service reliability, and maintaining disciplined capital allocation [6][7] - The company aims to enhance its fleet through disciplined portfolio actions and has completed two accretive acquisitions in 18 months [5] - The focus remains on high-return growth opportunities while returning capital to shareholders and maintaining a strong balance sheet [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing demand for natural gas and the company's ability to capture growth opportunities in a robust market [8] - The company anticipates continued earnings growth driven by disciplined execution and capital allocation, supported by durable market tailwinds [19] - Management noted that while lead times for equipment have extended, they are well-positioned to meet customer needs for 2026 and beyond [35] Other Important Information - The company returned $212 million to shareholders through dividends and share repurchases in 2025, a 70% increase year-over-year [6] - The fourth quarter dividend was increased to $0.22 per share, reflecting a 5% increase from the previous quarter and a 16% increase year-over-year [26] - Total capital expenditures for 2026 are expected to be approximately $400 million to $445 million, with growth CapEx between $250 million and $275 million [29] Q&A Session Summary Question: Growth CapEx guidance and organic horsepower addition - The company expects the CapEx to translate into about 170,000 horsepower to be added in 2026, with approximately 60% of that expected to start up in the first half of the year [34] Question: Lead times and pricing power - Lead times for gas drive equipment have extended significantly, but the company is booked to meet customer needs for 2026, with pricing expected to increase at a more modest level [35][38] Question: M&A opportunities and capital returns - The company remains open to M&A opportunities and believes there are more compression companies available for acquisition, while also focusing on returning capital to shareholders [46][47] Question: Aftermarket services growth and labor constraints - The company is selective about the jobs it takes in aftermarket services and anticipates labor constraints may limit growth, focusing on profitability [82] Question: Technology investments and AI initiatives - The company is investing in technology to improve service quality and operational efficiency, with ongoing AI initiatives aimed at enhancing customer experience and profitability [88][90]

Gladstone Land (NasdaqGM:LAND) Q4 2025 Earnings call February 25, 2026 08:30 AM ET Speaker6Greetings, welcome to the Gladstone Land Corporation year-end and fourth quarter earnings call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone should require operator assistance, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, David Gla ...

UFP Technologies (NasdaqCM:UFPT) Q4 2025 Earnings call February 25, 2026 08:30 AM ET Speaker3Good day, welcome to the UFP Technologies fourth quarter 2025 earnings conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by 0. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then 1 on your telephone keypad. To withdraw your question, pleas ...