Reported results
- Stephen Cumming appointed as Senior Vice President and Chief Financial Officer effective immediately, with extensive public-company experience across infrastructure systems, software, services, and semiconductor industries.
- Aaron Johnson, who served as Interim CFO since July 2026, will return to his role as Vice President of Finance and Accounting.
- Company enters fiscal 2027 with strong AI-driven momentum and meaningful operating leverage.
Guidance
- Full year fiscal 2027 outlook raised (specific figures not provided in this release).
Notes
This is a personnel announcement release. Fourth quarter and fiscal year 2026 financial results are reported in a separate release referenced but not included in this document. Specific guidance figures for fiscal 2027 are mentioned as raised but not stated in this release.
Price and volatility reaction
The stock moved +13.1% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -24.6 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 64.21 | 2026-10-06 |
| Close after release | 72.61 | 2026-10-07 |
| Realised move | +13.1% | close to close |
| 30d ATM IV change | -24.6 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 2026-10-06 (8-K, Item 2.02). Read the original filing on sec.gov.
