Craig Armitage
Investor Relations Host
Replay available
D2L Inc. (TSX: DTOL) Q3 2026 earnings conference call, held 2025-12-11. Replay captured from the company's public earnings webcast.

Investor Relations Host
Chief Executive Officer
Chief Financial Officer
Analyst at Canaccord Genuity
Analyst at Cormark
Analyst at CIBC
Analyst at TD Cowen
Analyst at RBC Capital Markets
Analyst
Analyst at Raymond James
Analyst at Iberian Asset Management
Good morning and thank you all for attending the D2L Inc Q3 2026 financial results. My name is Rika and I'll be your moderator for today. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. If you would like to ask a question, please press star and the number one on your telephone keypad. This morning's call is being recorded on December 11, 2025, at 9 a.m. Eastern Time. I would now like to pass the conference over to your host, Craig Armitage. Investor Relations, thank you. You may proceed, Craig. Good morning. Listeners are reminded that portions of today's discussion will include statements that contain forward-looking information. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from a conclusion, forecast or projection in the forward-looking information. Further, certain material factors or assumptions were applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking information. For identification and discussion of such risks, uncertainties, factors and assumptions, as well as further information concerning forward-looking information, please refer to the company's annual and interim management discussion and analysis and the most recently filed annual information form, in each case as filed under the company's profile on CEDARplus at www.cedarplus.com. In addition, during this call, reference will be made to various non-IFRS financial measures, including adjusted EBITDA, adjusted EBITDA margin, adjusted gross margin, and agreed cash flow. These non-IFRS measures do not have a standardized meaning prescribed by IFRS and may not be comparable to similar measures presented by other publi...