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Q2: 2026-04-29 Earnings Summary
EPS of $0.21 beats by $0.00
|
Revenue of
$157.56M
(-5.15% Y/Y)
misses by $2.54M
Exco Technologies Limited (XTC:CA) Q2 2026 Earnings Call April 30, 2026 10:00 AM EDT
Company Participants
Darren Kirk - President, CEO & Director
Matthew Posno - CFO, VP of Finance & Secretary
Conference Call Participants
Nick Corcoran - Acumen Capital Finance Partners Limited, Research Division
Presentation
Operator
Good day, and thank you for standing by. Welcome to Exco Technologies Limited Second Quarter Results 2026 Conference Call. [Operator Instructions] please be advised today's conference is being recorded. I would now like to turn the conference over to your speaker today, Darren Kirk, President and CEO. Please go ahead.
Darren Kirk
President, CEO & Director
Thank you, Kevin, and good morning to everyone joining us. Welcome to Exco Technologies Fiscal 2026 Second Quarter Conference Call. I'll begin today with an overview of our operations and strategic progress in the quarter.
I'll then turn the call over to Matthew Posno, our CFO, to walk through the financial details. Afterwards, I'll return to discuss our outlook before opening the call for your questions. Before we proceed, I'd like to remind everyone that our discussion today contains forward-looking information. I'd ask that you refer to the cautionary notes included in yesterday's news release and in our continuous disclosure filings, all of which apply to today's discussion. Turning to the quarter. Our second quarter results were affected by temporary softness in large mold volumes, restructuring actions and foreign exchange headwinds.
That said, we are encouraged by the underlying momentum building across the business. Large mold order activity and backlogs continue to build, and we expect sales and profitability in this business to recover in future quarters as new programs ramp up.
At the same time, our Automotive Solutions segment continues to benefit from recent program launches. Extrusion tooling demand remains solid and our recent investment in innovation
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