Q2 fiscal 2026 revenue surged 102% year-over-year to $4.01 billion, exceeding IBES consensus of $3.285 billion and underscoring strong demand across communications networks, cloud, and AI infrastructure markets. (Reuters)
Non-GAAP diluted EPS of $3.16 in Q2 beat analyst expectations by $0.74, while non-GAAP operating margin expanded to 6.4%, reflecting disciplined cost management and margin improvement. (PRNewswire)
The Board authorized a $600 million share repurchase program after generating $399 million in operating cash flow and $342 million in free cash flow in Q2, highlighting robust cash generation and shareholder return focus. (PRNewswire)
Third-quarter fiscal 2026 revenue guidance of $3.2 billion to $3.5 billion represents a potential sequential decline of up to 20% from Q2’s $4.01 billion, suggesting moderation in end-market demand. (PRNewswire)