For analysts who have to show their work

Every answer points at the second it was said.

Overtone captures the earnings call you are already listening to, indexes it, and answers questions about it. No claim survives without a citation that resolves to a timestamp you can click and hear.

No card. Works on YouTube and the major IR webcast platforms.

Answer

Gross margin expanded 180 basis points year over year to 42.1 percent, and management raised full-year revenue guidance to $4.2–4.3bn.12

1 · 12:04“Gross margin expanded 180 basis points year over year to 42.1 percent.”

Jane Doe, Chief Financial Officer · prepared remarks

2 · 31:47“We are raising full-year revenue to a range of 4.2 to 4.3 billion dollars.”

Jane Doe, Chief Financial Officer · Q&A

A summariser gives you prose. You need evidence.

A generic summariser

  • “Management struck an optimistic tone on margins.”
  • No way to check whether they said it, or you inferred it
  • Numbers that may or may not appear in the transcript
  • Starts from nothing every quarter

Overtone

  • “Gross margin expanded 180bps to 42.1 percent” [1]
  • Every marker resolves to a timestamp, speaker and quote
  • Unsupported numeric claims are shown to you, not kept
  • Compares against the same name's previous call

Anything can produce a paragraph about a call. The hard part is being able to stand behind it in an investment committee when someone asks where a number came from.

Citations are enforced in code

Citation markers the model invents are stripped before anything is saved. A numeric claim with no resolving source is reported to you rather than quietly kept.

Hedging, measured with the evidence

An occurrence rate per 1,000 words of management speech, shown next to the exact phrases that produced the number — so you can disagree with it.

Questions that never got answered

Detected from explicit deflection, low overlap between question and answer, and a requested figure that never arrived.

What changed since last quarter

The phrases management started and stopped using. Posture shifts show up in word choice long before they show up in a press release.

Prepared remarks and Q&A, separated

Parsed from the operator's script, with speakers attributed. “The CFO said” is a different fact from “an analyst asked”.

Your archive stays yours

Transcripts are held per customer and never pooled. The extension asks for access to call venues only — no browsing history, no other tabs.

What the language says that the numbers do not

Measured against management's own speech, the same way every quarter, so the movement between calls is comparable rather than impressionistic.

Hedge rate
12.4+3.1
per 1,000 words, vs. last quarter
Net confidence
−1.8−4.2
confident minus negative language
Unanswered questions
3
asked, never given a figure
Newly used phrases
7
“macro backdrop”, “prudent”, “measured”

Every number here opens the phrases that produced it, so you can disagree with the measurement rather than take it on trust.

Three steps, during the call

Capture has to survive your attention being elsewhere, because it usually is.

Capture

Open the call and press the camera button in the player's own controls — it works in fullscreen. Overtone reads the published transcript and indexes it.

Ask

Question the call in plain language while it is still running. Every answer arrives with citations you can click back to the recording.

Compare

Once you have two quarters of a name, Overtone shows what management started saying, stopped saying, and how the hedging moved.

Where it works

The venues that carry the overwhelming majority of public company calls. A handful of webcast platforms serve thousands of issuers between them.

YouTubeQ4 IncQ4 WebNotifiedChorus CallVeracast

Capture needs the venue to publish a transcript or captions. Where one exists, Overtone indexes it; where it does not, notes and slide capture still work.

Try it on the next call you listen to

Create a workspace, install the extension, and capture a call. Everything is open while pricing is being worked out — there is nothing to pay and no card to enter.