Reported results
- Net sales were $290.7 million, an increase of 8.6% from the prior year quarter.
- GAAP net earnings were $46.7 million, an increase of 16.0% from the prior year quarter.
- Adjusted EBITDA was $80.3 million, an increase of 12.4% from the prior year quarter.
- GAAP earnings per share were $1.46 compared to $1.24 in the prior year quarter.
- Adjusted earnings per share were $1.57 compared to $1.35 in the prior year quarter.
- Cash flows from operations were $69.8 million, with free cash flow of $57.9 million.
Price and volatility reaction
The stock moved +2.2% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -8.5 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 173.23 | 2026-10-22 |
| Close after release | 177 | 2026-10-23 |
| Realised move | +2.2% | close to close |
| 30d ATM IV change | -8.5 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 2026-10-23 (8-K, Item 2.02). Read the original filing on sec.gov.
