Reported results
- Revenues were $76.3 million, an 11% increase compared to $68.8 million in the prior year period.
- GAAP income from continuing operations was $6.3 million, or $0.07 per diluted share.
- GAAP operating margin from continuing operations was 12.0%, with GAAP operating income from continuing operations of $9.2 million.
- Non-GAAP Adjusted EBITDA from continuing operations was $20.0 million, an increase of 30% year-over-year.
- Non-GAAP Adjusted EBITDA margin from continuing operations was 26.2%.
- Non-GAAP Free Cash Flow was $(4.4) million, compared to $12.5 million in the prior year period.
Guidance
- Full year 2026 revenues in a range of $300 million to $305 million.
- Full year 2026 Adjusted EBITDA in a range of $90 million to $93 million.
- Full year 2026 capital expenditures in a range of $70 million to $75 million, including $40 million to $45 million invested to expand the rental fleet and approximately $20 million for the manufacturing expansion.
Price and volatility reaction
The stock moved -16.5% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved +7.6 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 11.2 | 2026-10-29 |
| Close after release | 9.35 | 2026-10-30 |
| Realised move | -16.5% | close to close |
| 30d ATM IV change | +7.6 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 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.
