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Seaport Entertainment Group Inc. (SEG) Q3 2025 Earnings Call Transcript

Q3: 2025-11-10 Earnings Summary

EPS of -$0.57 beats by $0.19

 | Revenue of $45.05M misses by $1.85M

Seaport Entertainment Group Inc. (SEG) Q3 2025 Earnings Call November 11, 2025 8:30 AM EST

Company Participants

Matthew Partridge – CEO, President & Director
Lenah Elaiwat – Chief Accounting Officer, Treasurer & Interim CFO

Conference Call Participants

Matthew Erdner – JonesTrading Institutional Services, LLC, Research Division
Ross Haberman – Rlh Investments, LLC

Presentation

Operator

Greetings, and welcome to the Seaport Entertainment Group Third Quarter 2025 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Jason Wilk, Senior Vice President of Finance. Thank you. You may begin.

Unknown Executive

Thank you, operator, and good morning, everyone. With me today is our President and Chief Executive Officer, Matt Partridge; and our Interim Chief Financial Officer, Lenah Elaiwat. Before we begin, I’d like to remind everyone that many of our comments today are considered forward-looking statements under federal securities law.

The company’s actual future results may differ significantly from the matters discussed in these forward-looking statements, and we undertake no duty to update these statements. Factors and risks that could cause actual results to differ materially from expectations are disclosed from time to time in greater detail in the company’s Form 10-K, Form 10-Q and other SEC filings.

You can find our SEC reports, earnings release and quarterly supplemental information on our website at seaportentertainment.com. With that, I will now turn the call over to Matt.

Matthew Partridge
CEO, President & Director

Thanks, Jason, and good morning, everyone. First, I’d like to begin by thanking our team, Board of Directors, shareholders and partners for their support through the company’s recent leadership transition. I also want to thank Anton for his contributions during the initial phase of the company’s development.

I’m honored to be given the opportunity to

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