The earnings call presented a mixed picture with improvements in revenue decline rate and cash position, and strategic pension plan derisking. However, these were offset by significant declines in total revenue, digital and print revenues, and adjusted EBITDA, alongside a reduction in net income and workforce. The overall sentiment leans towards caution with balanced positive and negative aspects.
Company Guidance
During the Yellow Pages Second Quarter 2025 Earnings Release Call, the company reported continued progress in key financial metrics, despite a year-over-year revenue decrease of 7.4% to $51.7 million, an improvement from the previous quarter's 7.6% decline. Digital revenues fell by 6.4% to $41 million, while print revenues dropped by 11.2% to $10.7 million, primarily due to a decrease in customer count, although offset by higher average spend per customer. Adjusted EBITDA decreased by 27.7% to $10.7 million, with a margin reduction to 20.7% from 26.5% last year, influenced by revenue pressures and investment costs. The company highlighted a cash balance of approximately $49 million and discussed a recent $210 million annuity contract purchase to derisk its pension plan. Furthermore, a dividend of $0.25 per share was declared, with plans for additional voluntary pension contributions. The workforce was reduced to 566 employees, a 6.1% decrease from the previous year. Overall, the company expressed optimism about stabilizing revenue and future growth prospects.
Improvement in Revenue Decline Rate
The rate of revenue decline improved, with a decrease of 7.4% year-over-year compared to a 7.6% decrease in the previous quarter.
Positive Cash Position
The company reported a cash balance of approximately $49 million at the end of July 2025.
Pension Plan Derisking
The company completed the purchase of a group annuity contract for $210 million to annuitize approximately 50% of the pension liability, aligning with the plan to derisk the defined benefit pension plan.
Dividend Announcement
The Board declared a dividend of $0.25 per common share to be paid on September 15, 2025.
Customer Base Stabilization
There was a deceleration in the customer count decline rate, supported by new customer acquisition and stable renewal rates.
Yellow Pages (TSE:Y) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:Y Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 06, 2025
C$10.76
C$10.72
-0.36%
May 14, 2025
C$10.74
C$10.63
-0.98%
Feb 13, 2025
C$10.48
C$10.30
-1.78%
Nov 12, 2024
C$9.56
C$9.71
+1.54%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Yellow Pages (TSE:Y) report earnings?
Yellow Pages (TSE:Y) is schdueled to report earning on Nov 06, 2025, TBA (Confirmed).
What is Yellow Pages (TSE:Y) earnings time?
Yellow Pages (TSE:Y) earnings time is at Nov 06, 2025, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.