Via Transportation, Inc. Class A (VIA) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Our day-to-day prior to VO was a little chaotic. Phones ringing off the hook, people asking, where's my bus? My bus is running late. A lot of vehicles are out on the roads around the same times that we're trying to travel. With VIA, it puts the routes together for us. Everybody now doesn't get so uptight because of the phone calls. You could see it's much more calm. We have noticed an on-time performance increase of about 6%, which has been very beneficial. We saw about 30% reduction in the time that the passengers have to spend on the bus. With the app, they can see where the bus is. These people who cannot take a transit bus for whatever reason, it makes life so much easier for them. When I first started using the app, I said to myself, this is a lot easier. I don't know what I would do without Paratrenders system. Good morning and welcome everyone to VIA's second quarter 2026 earnings call. I'm Noah Silver, VIA's head of investor relations and corporate development. With me today are Daniel Ramot, VIA's co-founder and CEO, and Clara Fain, VIA's chief financial officer. During today's call, Daniel will review our second quarter 2026 business update before handing it off to Clara to discuss financial results and our guidance for the rest of the year. We will then open the call to Q&A. In addition to prepared remarks on this call, additional information can be found in our investor presentation, press release, and SEC filings on our investor relations website at investors.ridewithvia.com. Before we get started, we want to draw your attention to the safe harbor statement included in our press release and investor presentation. Items we discussed today will include forward-looking statements about topics including but not limited to our future financial performance pro...