Stewart Information Services Corporation (STC) Earnings Call Transcripts
Stewart Information Services Corporation's Latest Earnings Call - Q3 FY2026
Sangoma Technologies Corporation reported its Q3 FY2026 earnings, highlighting a strategic shift towards infrastructure-led growth amidst a challenging macroeconomic environment. Revenue for the quarter was $51 million, with adjusted EBITDA at $7.5 million, representing 15% of revenue. Management revised full-year revenue guidance to $204-$205 million, citing geopolitical disruptions and pricing pressures in software markets. The company is undergoing a strategic review to unlock shareholder value, driven by strong interest in its communications infrastructure and AI-enabled platforms.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $51 million (miss) |
| Adjusted EBITDA | $7.5 million (inline) |
| Gross Margin | 71% (miss) |
| Free Cash Flow | $3.6 million (inline) |
| Churn Rate | 0.79% (positive) |
Guidance from management
Management revised full fiscal year 2026 revenue guidance to $204-$205 million and adjusted EBITDA margin to 15%-16%, citing geopolitical disruptions and pricing pressures.
What management said
Yes. Most of them take about 6 to 8 months to deploy. I mean the example I sort of talked about earlier, we closed in Q2 350 locations. It's about 15%, almost 20% implemented now. So you're talking a couple more quarters, 2 to 3 more quarters before they get up to full run rate, whether that's the 150,000 one I mentioned, there's another one I talked about last quarter is about 20,000. Those types of deals, you're ta...
Yes. So for the next quarter, as we're guiding, we see it relatively the same given the visibility that we have. as we transition to seeing some of the volume in some of these other areas and our ability to increase the margin there moving forward, we would expect to see that expand as we move forward. But for the next quarter, we built that into the guidance that we've given just because of the uncertainty in those ...
What analysts pressed on
Analysts expressed concerns about the impact of geopolitical tensions on international sales and the timing of revenue recognition from large deals. There were also questions about the strategic review process and its potential outcomes.
Main topics on the call
- Strategic Business Shift — Sangoma is transitioning from a product-focused model to an integrated platform approach, emphasizing infrastructure-led growth. CEO Charles Salameh stated, 'Our communication infrastructure business is emerging as a pri...
- Revenue Guidance Revision — The company revised its full-year revenue guidance to $204-$205 million due to geopolitical disruptions and pricing pressures. Salameh noted, 'Recent geopolitical and global trade-related disruptions are affecting certai...
- Infrastructure and AI Growth — Sangoma's data and voice networking segments are growing at 9% and 17% YoY, respectively. The company is focusing on AI-enabled infrastructure as a growth catalyst.
- Strategic Review Announcement — The Board has initiated a strategic review to evaluate alternatives for unlocking shareholder value, driven by inbound interest. Salameh stated, 'This is an active Board-led process and a priority at the highest levels o...
Read the full Stewart Information Services Corporation transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Stewart Information Services Corporation
Stewart Information Services Corporation (STC) is a publicly listed company in the Insurance industry, within the Financials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 61 calls on record spanning February 6, 2020 to July 23, 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 61 Stewart Information Services Corporation earnings call transcripts on record, spanning February 6, 2020 to July 23, 2026. Based on this history, Stewart Information Services Corporation reports quarterly. The most recent call on file is dated July 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- STC
- Exchange
- NYSE
- Country
- US
- Sector
- Financials
- Industry
- Insurance
- Calls on record
- 61
- First call
- February 6, 2020
- Most recent
- July 23, 2026
- Reporting cadence
- quarterly