Reported results
- Revenues in the third quarter 2026 were $106.2 million, compared to $102.0 million in the third quarter 2025, an increase of $4.2 million, or 4.1%.
- Gross profit was $50.8 million in the third quarter 2026, compared to $52.2 million in the third quarter 2025, a decrease of $1.4 million, or 2.7%.
- Selling, general and administrative expenses were $6.1 million in the third quarter 2026, compared to $5.9 million in the third quarter 2025, an increase of $0.1 million, or 2.3%.
- Net income was $38.0 million ($1.32 per share diluted) in the third quarter 2026, compared to $38.8 million ($1.35 per share diluted) in the third quarter 2025, a decrease of $0.7 million, or 1.9%.
- Revenues in the first nine months 2026 were $293.1 million, compared to $284.8 million in the first nine months 2025, an increase of $8.4 million, or 2.9%.
Price and volatility reaction
The stock moved +6.6% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved +16.8 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 111.61 | 2026-10-30 |
| Close after release | 118.99 | 2026-11-02 |
| Realised move | +6.6% | close to close |
| 30d ATM IV change | +16.8 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 2026-10-30 (8-K, Item 2.02). Read the original filing on sec.gov.
