Yellow Pages Limited (Y) Earnings Call Transcripts
Yellow Pages Limited's Latest Earnings Call - Q1 FY2026
In the first quarter of 2026, Yellow Pages Limited reported total revenues of $46.8 million, a decrease of 7.8% year-over-year, primarily driven by declines in higher-margin digital media and print products. Adjusted EBITDA fell to $9 million, reflecting a 24% decrease from the prior year, with an adjusted EBITDA margin of 19.3%. Management announced a $25 million share buyback plan and maintained a dividend of $0.25 per share, signaling a commitment to returning capital to shareholders despite revenue pressures.
Reported metrics
| Metric | Value |
|---|---|
| Total Revenue | $46.8 million (miss) |
| Adjusted EBITDA | $9 million (miss) |
| Adjusted EBITDA Margin | 19.3% (miss) |
| Digital Revenue | $38.2 million (miss) |
| Print Revenue | $8.6 million (miss) |
| Net Income | $4.1 million (miss) |
Guidance from management
Management indicated that revenue pressures and changes in product mix will continue to impact margins in upcoming quarters, but did not provide specific numerical guidance for future performance.
What management said
Great. Thank you, everyone, for joining our call today. We appreciate that you took time to have join us. We do look forward to connecting with you in August for our quarter 2 results. Thank you, everyone. Have a great day.
What analysts pressed on
Analysts expressed concerns regarding the ongoing decline in both digital and print revenues, particularly the impact on adjusted EBITDA margins. There was also apprehension about the sustainability of the dividend and share buyback in light of declining revenues.
Main topics on the call
- Revenue Decline — Total revenues decreased by $4 million or 7.8% year-over-year, amounting to $46.8 million. Management noted, "The year-over-year decrease in revenues is mainly due to the decline of our higher-margin digital media and pr...
- Digital Revenue Improvement — Digital revenues decreased 6.1% year-over-year to $38.2 million, an improvement from the 6.8% decline in the previous year. This was attributed to a strong renewal rate and an increase in average spend per customer.
- Adjusted EBITDA Pressure — Adjusted EBITDA fell by $2.9 million or 24% to $9 million, with a margin of 19.3%. Management indicated that "revenue pressures and changes in product mix" would continue to impact margins in upcoming quarters.
- Share Buyback and Dividend — The Board approved a $25 million discretionary cash buyback plan and declared a dividend of $0.25 per common share. This reflects management's strategy to return capital to shareholders despite current challenges.
Read the full Yellow Pages Limited transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Yellow Pages Limited
Yellow Pages Limited (Y) is a publicly listed company in the Interactive Media and Services industry, within the Communication Services sector. It trades on TSX and is based in CA. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 29 calls on record spanning February 13, 2020 to August 6, 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 29 Yellow Pages Limited earnings call transcripts on record, spanning February 13, 2020 to August 6, 2026. Based on this history, Yellow Pages Limited reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- Y
- Exchange
- TSX
- Country
- CA
- Sector
- Communication Services
- Industry
- Interactive Media and Services
- Calls on record
- 29
- First call
- February 13, 2020
- Most recent
- August 6, 2026
- Reporting cadence
- quarterly