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Modiv Industrial, Inc. (MDV) Q3 2025 Earnings Call Transcript

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Operator: Good day, and welcome to Modiv Industrial, Inc.’s Third Quarter 2025 Conference Call.
[Operator Instructions]

On today’s call, management will provide remarks, and then we will open the call for your questions.
[Operator Instructions]

Please note that this event is being recorded.

I would now like to turn the conference over to John Raney, Chief Operating Officer and General Counsel. Please, go ahead, sir.

—

**John Raney**
*Chief Operating Officer & General Counsel*

Thank you, Chloe, and thank you, everyone, for joining us for Modiv Industrial’s Third Quarter 2025 Earnings Call.

We issued our earnings release after market closed today, and it is available on our website at modiv.com.

I am here today with Aaron Halfacre, Chief Executive Officer; and Ray, Chief Financial Officer.

Before we begin, I would like to remind you that today’s comments will include forward-looking statements under the federal securities laws.

Forward-looking statements are identified by words such as *will, be, intend, believe, expect, anticipate,* or other comparable words and phrases. Statements that are not historical facts, such as statements about our expected acquisitions or dispositions and business plans, are also forward-looking statements.

Our actual financial condition and results of operations may vary materially from those contemplated by such forward-looking statements. A discussion of the factors that could cause the results to differ materially from these forward-looking statements is contained in our SEC filings, including our reports on Form 10-K.
https://seekingalpha.com/article/4844063-modiv-industrial-inc-mdv-q3-2025-earnings-call-transcript?source=feed_all_articles

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Wynn Resorts, Limited (WYNN) Q3 2025 Earnings Call Transcript

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Operator: Welcome to the Wynn Resorts Third Quarter 2025 Earnings Call. [Operator Instructions] This call is being recorded. [Operator Instructions]

I will now turn the line over to Julie Cameron-Doe, Chief Financial Officer. Please go ahead.

—

**Julie Cameron-Doe, Chief Financial Officer:**
Thank you, operator, and good afternoon, everyone.

On the call with me today are Craig Billings and Brian Gullbrants in Las Vegas. Also on the line are Jenny Holaday, Linda Chen, and Frederic Luvisutto.

Please note that we’ve published a presentation to provide more color on the company and recent performance ahead of this call. You can find the presentation on our Investor Relations website.

I want to remind you that we may make forward-looking statements under safe harbor federal securities laws, and those statements may or may not come true.

I will now turn the call over to Craig Billings.

—

**Craig Billings, CEO & Director:**
Thanks, Julie. Good afternoon, and as always, thank you for joining us.

I’ll jump right into the quarter, and I’ll kick off here in Vegas. Wynn Las Vegas continued to see notable gaming market share gains in the quarter, driven by our incredible team and market-leading product and service.

This performance resulted in EBITDA growth on a hold-adjusted basis of 3%, reaching $211 million.
https://seekingalpha.com/article/4839755-wynn-resorts-limited-wynn-q3-2025-earnings-call-transcript?source=feed_all_articles