Gogo (NasdaqGS:GOGO) Q4 2025 Earnings call February 27, 2026 08:30 AM ET Speaker3Good day, and thank you for standing by. Welcome to Gogo's fourth quarter 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'll 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 ...

Financial Data and Key Metrics Changes - Net investment income (NII) per share for Q4 2025 was $0.39, while GAAP net loss per share was $0.14, or $0.10 excluding one-time financing-related expenses [4][5] - NAV per share decreased to $14.18, down 3.3% from the previous quarter [5] - Total investment income for the quarter was approximately $78.4 million, a decline of $4.2 million, or 5.1% from the prior quarter [20] Business Line Data and Key Metrics Changes - New commitments in the December quarter totaled $141 million across 26 transactions, with a weighted average spread of 497 basis points [11] - The portfolio had a fair value of $3.17 billion, invested in 247 companies across 46 different industries, with 99% of the direct origination portfolio being first lien [12][13] - The weighted average yield at cost of the direct origination portfolio was 10%, down from 10.3% in the previous quarter [13] Market Data and Key Metrics Changes - The weighted average net leverage on new commitments was 4 times in the December quarter [11] - Investments on non-accrual status declined to 2.6% of the portfolio at fair value, down from 3.1% in the prior quarter [16] - Borrower net leverage was 5.29x at the end of December, unchanged from the end of September [18] Company Strategy and Development Direction - The company plans to aggressively utilize a new $100 million stock repurchase plan, believing it to be more accretive than deploying capital into new investments [9] - The board declared a quarterly dividend of $0.31 per share, reflecting a reassessment of the company's long-term earning power [10] - The company remains focused on first lien positions and cautious usage of PIK, maintaining a low software exposure [5][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the intrinsic value of the investment portfolio, despite current market prices not reflecting this value [10] - The company anticipates that the current level of activity will allow for the full utilization of the stock repurchase authorization by late May [33] - Management noted that the persistence of discounts in the market is likely, but they will continue to explore strategies to unlock shareholder value [26][27] Other Important Information - The company restored two investments to accrual status during the quarter, including LendingPoint and Compass Health, which was fully repaid [17] - The cost of debt for the quarter declined to 5.95%, down from 6.37% in the prior quarter [22] Q&A Session Summary Question: Future strategies regarding stock buybacks - Management indicated they will consider all options to ensure shareholders receive their true returns, acknowledging the persistent discounts in the market [25][26] Question: Clarification on the new $100 million repurchase plan - The new repurchase plan is discretionary and will be implemented during quiet periods using a 10b5-1 plan to maximize share purchase activity [32][33] Question: Sustainability of the new dividend level - Management stated that the new dividend level of $0.31 was deemed appropriate based on earnings power assessments and expected repayments from Merx [34][36] Question: Concerns about software exposure and leverage - Management explained that their software exposure is lower than industry average and focused on companies with consistent performance and financial covenants [39][41] Question: Common issues among underperforming credits - Management clarified that the underperforming credits are older investments that have been on the watch list for some time, with idiosyncratic issues compounded by market stress [48][53]

Arcosa (NYSE:ACA) Q4 2025 Earnings call February 27, 2026 08:30 AM ET Speaker8Good morning, ladies and gentlemen, and welcome to the Arcosa, Inc. fourth quarter and full year 2025 earnings conference call. My name is Chloe, and I will be your conference call coordinator today. As a reminder, today's call is being recorded. I would like to turn the call over to your host, Erin Drabek, Vice President of Investor Relations for Arcosa. Ms. Drabek, you may begin.Speaker2Good morning, everyone, and thank thank yo ...

Financial Data and Key Metrics Changes - In Q4 2025, revenue grew 30% year-over-year to $119 million, marking the eighth consecutive quarter of 30% or more year-over-year growth [9][28] - The annual run rate revenue for Q4 2025 was $476 million, also reflecting a 30% year-over-year increase [28] - Adjusted EBITDA margin improved to negative 6%, the narrowest loss in the company's history, compared to negative 10% in Q4 2024 [34] Business Line Data and Key Metrics Changes - The number of customers on the platform increased to 821, a 23% year-over-year growth, with organic customer growth at 9% [10][29] - The acquisition of Downtowner added 94 new customers, expanding the platform's reach [10][29] - Revenue per customer reached the highest level in Via's history, with a 31% year-over-year growth in customers generating over $1 million in annual run rate revenue [29] Market Data and Key Metrics Changes - Platform revenue in the U.S. increased by 39% year-over-year, indicating strong growth in the domestic market [28] - The serviceable addressable market is estimated at $82 billion, with Via capturing just over 1% of this market [21][22] Company Strategy and Development Direction - The company aims to leverage its public company status for strategic acquisitions, with a focus on targeted and selective opportunities like Downtowner [14][16] - Product innovation is a key growth driver, with over 50 new products and major features released in 2025, significantly aided by AI [16][17] - The company is committed to achieving a long-term adjusted EBITDA margin of 20%-25% [36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to continue delivering strong performance, emphasizing the significant opportunity in transforming public transit and local government efficiency [37] - The company expects revenue for Q1 2026 to be between $123.3 million and $123.8 million, representing 25%-25.5% year-over-year growth [35] - For the full year 2026, revenue guidance is set between $542.9 million and $545.1 million, with an expected adjusted EBITDA margin improvement [35] Other Important Information - The company achieved a record gross revenue retention rate of 98%, attributed to the mission-critical nature of its platform and the ability to sell more products to existing customers [11][29] - The company is focused on building AI-powered solutions that extend beyond public transit, responding to customer needs in various municipal operations [26][100] Q&A Session Summary Question: How much services come into Via's business model? - Management clarified that the services-only contracts are anomalies and emphasized the focus on software-enabled solutions as critical to scaling the business [41][42] Question: What does the RFP pipeline look like for 2026? - Management noted a consistent year-over-year RFP pipeline with a larger percentage of opportunities available compared to the previous year, driven by the expansion of solutions [48][50] Question: How does the company view gross retention and its impact on 2026 guidance? - Management indicated that high gross revenue retention is due to the platform's mission-criticality and the ability to sell more products, which strengthens customer relationships [105]

Carter's (NYSE:CRI) Q4 2025 Earnings call February 27, 2026 08:30 AM ET Speaker6Welcome to Carter's fourth quarter fiscal 2025 earnings conference call. On the call are Doug Palladini, Chief Executive Officer and President, Richard Westenberger, Chief Financial Officer and Chief Operating Officer, and Sean McHugh, Treasurer. Please note that today's call is being recorded. I'll now turn the call over to Mr. McHugh.Speaker9Thank you. Good morning, everyone. We issued our fourth quarter 2025 earnings release ...

Aura Minerals (NasdaqGS:AUGO) Q4 2025 Earnings call February 27, 2026 08:30 AM ET Speaker8Good morning, ladies and gentlemen. Welcome to fourth quarter 2025 earnings call. This conference is being recorded and the replay will be available at the company's website at auraminerals.com. The presentation will also be available for download. This call is also available in Portuguese. To access, you can press the globe icon on the lower right side of your Zoom screen and then choose to enter the Portuguese room. ...

Ready Capital (NYSE:RC) Q4 2025 Earnings call February 27, 2026 08:30 AM ET Speaker7Greetings, and welcome to the Ready Capital Fourth Quarter 2025 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. It is now my pleasure to introduce your host, Andrew Ahlborn. Thank you. You may begin.Speaker0Thank you, operator, and good morn ...

inTEST (NYSEAM:INTT) Q4 2025 Earnings call February 27, 2026 08:30 AM ET Speaker2Greetings. Welcome to inTEST Corporation's fourth quarter 2025 financial results conference call. At this time, all participants are in listen-only mode. The question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note that today's conference is being recorded. At this time, I'll now turn the conf ...

1Stdibs.Com (NasdaqGM:DIBS) Q4 2025 Earnings call February 27, 2026 08:00 AM ET Company ParticipantsDavid Rosenblatt - CEOKevin LaBuz - Head of Investor Relations and Corporate DevelopmentThomas Etergino - CFOConference Call ParticipantsBobby Brooks - Senior Research AnalystRalph Schackart - Equity Research AnalystOperatorLadies and gentlemen, thank you for joining us. Welcome to the 1stDibs Q Four 2025 earnings call. After today's prepared remarks, we will host a question and answer session. If you have di ...

Treace Medical Concepts (NasdaqGS:TMCI) Q4 2025 Earnings call February 27, 2026 08:00 AM ET Company ParticipantsJohn Treace - CEO, Founder, and Chairman of the BoardMark Hair - CFORichard Newitter - Managing DirectorRick Wise - Managing DirectorTripp Taylor - VP of Investor RelationsConference Call ParticipantsBen Haynor - Senior Research AnalystDanielle Antalffy - Senior AnalystRyan Zimmerman - Managing Director and Medical Technology AnalystNone - AnalystOperatorGood day. Thank you for standing by. Welcom ...