SHARPE
Reported results
- Consolidated revenues were $848.1 million for the third quarter of 2026
- Consolidated net loss was $244.5 million for the third quarter of 2026
- Non-GAAP Adjusted EBITDA was $289.3 million for the third quarter of 2026
- GAAP diluted loss per common share was ($1.03) for the third quarter of 2026
- Kinetic contributed $515.3 million of revenues and $190.2 million of contribution margin for the third quarter of 2026
- Fiber Infrastructure contributed $201.5 million of revenues and $98.4 million of contribution margin for the third quarter of 2026
Guidance
- Full Year 2026 Revenue is expected to be $3,665 million to $3,695 million
- Full Year 2026 Net loss is expected to be $(620) million to $(590) million
- Full Year 2026 Non-GAAP Adjusted EBITDA is expected to be $1,460 million to $1,490 million
- Full Year 2026 Interest expense, net is expected to be $800 million
Price and volatility reaction
The stock moved -15.7% on the print. No front-expiry chain was on file, so there is no straddle expected move.
| Measure | Value | Basis |
|---|---|---|
| Close before release | 5.22 | 2026-11-06 |
| Close after release | 4.4 | 2026-11-09 |
| Realised move | -15.7% | close to close |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-09 (8-K, Item 2.02). Read the original filing on sec.gov.