FRMO Corporation conducted its fiscal 2026 third quarter earnings call, providing updates on financial performance and strategic insights. Co-Chief Executive Officers Steven Bregman and Peter Doyle led the discussion, joined by General Counsel Jay Kesslen and Chief Financial Officer David Arndt.
Call Participants
- Thérèse Byars, Corporate Secretary
- Peter Doyle, Co-Chief Executive Officer
- Steven Bregman, President, CFO & Director
- David Arndt, Chief Financial Officer
- Jay Kesslen, General Counsel
Opening Remarks
Corporate Secretary Thérèse Byars welcomed participants and outlined the scope of the call. “Good afternoon, everyone,” Byars stated. “This is Thérèse Byars speaking, and I’m the Corporate Secretary of FRMO Corp. Thank you for joining us today.”
Byars emphasized that statements made during the call apply only as of that date. She clarified that the information shared does not constitute a recommendation to buy or sell securities or investment funds. Opinions expressed are not forecasts of future events or guarantees of results. Participants were cautioned against assuming profitability from referenced transactions or past performance as indicative of future outcomes.
For more details, the company directs inquiries to its website at frmocorp.com. Byars then introduced the key speakers and handed over to Peter Doyle.
Peter Doyle’s Introduction
Peter Doyle expressed profound sadness in beginning the call. “Two weeks ago, I never dreamed that I would be kicking off this call,” Doyle remarked. “And it’s obviously with great sadness that that’s the case.”
Doyle shared his personal connection to Murray Stahl, recounting his introduction through a college professor. The professor had attended the same graduate program as Warren Buffett at Columbia University, where both studied under Ben Graham.
