SHARPE
Reported results
- Total net revenues were $403,472 thousand for Q1 fiscal 2027, a 5% increase from $384,623 thousand in Q1 fiscal 2026.
- GAAP diluted earnings per share was $1.51, representing 28% growth from $1.18 in Q1 fiscal 2026.
- Non-GAAP diluted earnings per share was $1.66, representing 17% growth from $1.42 in Q1 fiscal 2026.
- Cash flow provided by operating activities was $37,088 thousand compared to $17,137 thousand in Q1 fiscal 2026.
- Book-to-bill ratio was 1.4 in the quarter, driving backlog to $2.1 billion.
Guidance
- Fiscal 2027 updated revenue guidance is $1.875 billion - $1.930 billion (5.0% - 8.1% year-over-year growth rate).
- Fiscal 2027 updated non-GAAP earnings per share guidance is $11.28 - $11.64 (9.0% - 12.5% year-over-year growth rate).
Price and volatility reaction
The stock moved -4.2% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -19.1 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 208.17 | 2026-10-29 |
| Close after release | 199.44 | 2026-10-30 |
| Realised move | -4.2% | close to close |
| 30d ATM IV change | -19.1 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.