Harvard Bioscience (HBIO) Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, March 12, 2026 astatine 9:19 AM CDT 18 min read

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Mar. 12, 2026 astatine 8 a.m. ET

• President and Chief Executive Officer — John Duke

• Chief Financial Officer — Mark Frost

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John Duke, President and Chief Executive Officer; and Mark Frost, Chief Financial Officer. In conjunction with today's call, we person provided a presumption that volition beryllium referenced during our remarks that is posted to the Investor Relations conception of our website astatine investor.harvordbioscience.com. Please enactment that statements made successful today's treatment that are not humanities facts, including statements connected management, expectations oregon aboriginal events oregon aboriginal fiscal show are forward-looking statements and are made pursuant to harmless harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements bespeak the existent views of Harvard Bioscience absorption and Harvard Bioscience assumes nary work to update oregon revise immoderate forward-looking statements. Actual results whitethorn disagree materially from those expressed oregon implied. Please notation to today's property release, the Harvard Bioscience Form 10-K, which we expect volition beryllium filed wrong 24 hours of this telephone and different filings with the Securities and Exchange Commission for further disclosures connected forward-looking statements and the risks, uncertainties and contingencies associated therewith. During the call, absorption volition besides notation definite non-GAAP fiscal measures, which tin beryllium utile successful evaluating the company's operations related to our fiscal information and results. These non-GAAP measures are intended to supplement GAAP fiscal accusation and should not beryllium considered arsenic a substitute. Reconciliations of GAAP to non-GAAP measures are provided successful today's net property release. I volition present crook 8: 03 AM the telephone implicit to John. John, delight spell ahead.

John Duke: Thanks, Taylor, and bully morning, everyone. Thank you for joining america for our 4th fourth and afloat twelvemonth 2025 net call. On today's call, I'll reappraisal our caller actions, supply a little overview of our 4th fourth fiscal results and past sermon our priorities and outlook for 2026. 2025 was a pivotal twelvemonth of instauration building. Over the past 8 months, we improved our fiscal flexibility, took enactment to reorganize operations and clarified our semipermanent strategical direction. To recap, we took respective cardinal actions to amended the wellness of the business. In December, we completed our broad refinancing. This transaction extended our indebtedness maturity to 2021.