Reported results
- Total revenues were $114.3 million, up 5.7% sequentially and 9.7% year-over-year.
- GAAP gross profit was $46.1 million, or 40.3% of revenues, compared to $34.7 million, or 33.3% of revenues, in the third quarter of 2025.
- Non-GAAP gross profit was $46.5 million, or 40.6% of revenues, compared to $35.2 million, or 33.8% of revenues, in the third quarter of 2025.
- GAAP net income was $6.2 million, or $0.08 per share, compared to $1.2 million, or $0.01 per share, in the third quarter of 2025.
- Non-GAAP net income was $14.7 million, or $0.18 per diluted share, compared to $8.2 million, or $0.09 per diluted share, in the third quarter of 2025.
- Non-GAAP EBITDA was $22.9 million, or 20.0% of revenues, compared to $12.7 million, or 12.2% of revenues, in the third quarter of 2025.
Guidance
- Revenues in the fourth quarter of 2026 are expected to be in the range of $113.5 to $115.5 million.
- Non-GAAP EBITDA in the fourth quarter of 2026 is expected to be between $20.0 and $22.0 million.
- Basic share count for the fourth quarter of 2026 is expected to be in the 81 - 82 million range and diluted share count to be in the 82 - 83 million range.
Price and volatility reaction
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.
