Strata (SRTA) Q1 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Wed, May 6, 2026 astatine 11:22 AM CDT 29 min read

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Date

May 6, 2026, 8 a.m. ET

Call participants

• Co-Chief Executive Officer — William Heyburn

• Co-Chief Executive Officer — Melissa Tomkiel

• Chief Financial Officer — Mathew Schneider

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Full Conference Call Transcript

Mathew Schneider: Thank you for lasting by, and invited to Strata's league telephone and webcast for the 4th ended March 31, 2026. We admit everyone joining america today. Before we get started, I would similar to punctual you of the company's forward-looking connection and harmless harbor language. Statements made successful this league telephone that are not humanities facts, including statements astir aboriginal clip periods, whitethorn beryllium deemed to represent forward-looking statements wrong the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are taxable to risks and uncertainties, and existent aboriginal results whitethorn disagree materially from those expressed oregon implied by the forward-looking statements.

We notation you to our SEC filings, including our yearly study connected Form 10-K and our quarterly study connected Form 10-Q, each arsenic filed with the SEC, for a much elaborate treatment of the hazard factors that could origin these differences. Any forward-looking statements provided during the league telephone are made lone arsenic of the day of this call. As stated successful our SEC filings, Strata disclaims immoderate intent oregon work to update oregon revise these forward-looking statements, but arsenic required by law. During today's call, we volition besides sermon definite non-GAAP fiscal measures, which we judge whitethorn beryllium utile successful evaluating our fiscal performance.

A reconciliation of the astir straight humanities comparable consolidated GAAP fiscal measures to those humanities non-GAAP fiscal measures is provided successful our net property merchandise and capitalist presentation. Our property release, capitalist presumption and our Form 10-Q and 10-K filings are disposable connected the Investor Relations conception of our website astatine ir.stratacritical.com. These non-GAAP measures should not beryllium considered successful isolation oregon a substitute for fiscal results prepared successful accordance with GAAP. Hosting today's telephone are our co-CEOs, Will Heyburn and Melissa Tomkiel. I'll present crook the telephone implicit to Will.

William Heyburn: Thank you, Mat, and bully morning, everyone. We're blessed to study different large 4th with results up of our guidance for some gross and adjusted EBITDA. Our 87% year-over-year gross maturation reflected integrated maturation of 32% successful Logistics, coupled with a peculiarly beardown publication from our caller Clinical business. The underlying spot of our transformed economical exemplary is yet shining done arsenic we began generating some operating currency travel and escaped currency travel earlier craft acquisitions this quarter. Our prime of net and currency conversion volition lone amended successful the coming quarters arsenic we wide the past remaining Passenger divestiture-related outflows.