Dye & Durham Limited (DND) Earnings Call Transcripts
Dye & Durham Limited's Latest Earnings Call - Q3 FY2026
In Q3 Fiscal 2026, Dye & Durham Limited reported revenue of $91.2 million, a decline of 12% year-over-year, driven by market headwinds and a decrease in transaction volumes. Adjusted EBITDA fell to $42.9 million, down 19% from the prior year, reflecting both revenue pressures and increased costs from professional fees. Management indicated a focus on cost-saving initiatives, with expectations of $17 million to $19 million in run rate savings over the next two years, which could stabilize margins and support future growth.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $91.2 million (miss) |
| Adjusted EBITDA | $42.9 million (miss) |
| Adjusted EBITDA Margin | 47% (inline) |
| Run Rate Cost Savings | $17 million to $19 million (positive) |
| Transaction Volume Decline | -7.2% (negative) |
| Customer Win-Backs | increased (positive) |
Guidance from management
Management expects to realize $17 million to $19 million in run rate cost savings over the next two years, which could help stabilize margins and support growth initiatives.
What analysts pressed on
Analysts expressed concerns regarding the ongoing market headwinds impacting revenue and transaction volumes. There is also apprehension about the effectiveness of the company's cost-saving measures in the face of declining revenues.
Main topics on the call
- Revenue Decline — Dye & Durham's revenue for Q3 2026 was $91.2 million, down 12% year-over-year. Management noted, 'Excluding the divestiture of Credas, revenue for the 3 months ended March 31, 2026, declined by $8.2 million or 8% compare...
- Adjusted EBITDA Performance — Adjusted EBITDA decreased to $42.9 million, a 19% decline year-over-year. Management stated, 'The decrease was primarily driven by the impact on revenue described earlier, and the increase in costs from professional fees...
- Cost Savings Initiatives — Management has identified $17 million to $19 million in run rate cost savings to be realized over the next two years. They emphasized, 'We have continued efforts to streamline and scale the business globally across our o...
- Product Innovation and Launches — The company launched new platforms for legal workflows and due diligence, which management described as 'an important step towards the unified AI native operating system for law firms.' This could enhance customer engage...
Read the full Dye & Durham Limited transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Dye & Durham Limited
Dye & Durham Limited (DND) is a publicly listed company in the Software industry, within the Information Technology sector. It trades on TSX and is based in CA. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 28 calls on record spanning November 10, 2020 to May 19, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 28 Dye & Durham Limited earnings call transcripts on record, spanning November 10, 2020 to May 19, 2026. Based on this history, Dye & Durham Limited reports quarterly. The most recent call on file is dated May 19, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- DND
- Exchange
- TSX
- Country
- CA
- Sector
- Information Technology
- Industry
- Software
- Calls on record
- 28
- First call
- November 10, 2020
- Most recent
- May 19, 2026
- Reporting cadence
- quarterly