Reported results
- Net sales of $510 million for the third quarter of 2026
- Net income of $61 million and diluted earnings per share of $0.74
- Adjusted earnings per share of $0.77
- Adjusted EBITDA of $104 million and Adjusted EBITDA margin of 20.4%
- Cash provided by operating activities was $98 million
- Adjusted free cash flow was $88 million
Guidance
- Full year 2026 total company Net sales expected to be in the range of $2,010 million to $2,035 million
- Full year 2026 Power Solutions segment net sales expected to be in the range of $1,850 million to $1,870 million
- Full year 2026 Industrial Solutions segment net sales expected to be in the range of $160 million to $165 million
- Full year 2026 Adjusted EBITDA margin expected to be in the range of 19.75% to 20.25%
- Full year 2026 Adjusted earnings per share expected to be in the range of $2.90 to $3.05
Price and volatility reaction
The stock moved +9.6% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -8.6 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 46.16 | 2026-11-05 |
| Close after release | 50.6 | 2026-11-06 |
| Realised move | +9.6% | close to close |
| 30d ATM IV change | -8.6 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-06 (8-K, Item 2.02). Read the original filing on sec.gov.
