Management called fiscal 2026 a potential 'banner year,' highlighted broad-based momentum and above-seasonal guidance, and said they have 'never been more optimistic,' while acknowledging a still-fluid macro backdrop.
Management called fiscal 2026 a potential 'banner year,' highlighted broad-based momentum and above-seasonal guidance, and said they have 'never been more optimistic,' while acknowledging a still-fluid macro backdrop.
Management framed AI-driven computing and connectivity as a key growth engine: ATE and data center now make up close to 20% of revenue, and the data center business grew ~50% in fiscal 2025 and accelerated in Q1 on AI infrastructure demand for power and optical. They are…
Management framed AI-driven computing and connectivity as a key growth engine: ATE and data center now make up close to 20% of revenue, and the data center business grew ~50% in fiscal 2025 and accelerated in Q1 on AI infrastructure demand for power and optical. They are…
Guidance · revenue to $3.5B
Management framed AI-driven computing and connectivity as a key growth engine: ATE and data center now make up close to 20% of revenue, and the data center business grew ~50% in fiscal 2025 and accelerated in Q1 on AI infrastructure demand for power and optical. They are investing aggressively to maintain leadership, but stressed AI is part of a broader diversified growth story.
No evidence of customer restocking at this point. Management called fiscal 2026 a potential 'banner year,' highlighted broad-based momentum and above-seasonal guidance, and said they have 'never been more optimistic,' while acknowledging a still-fluid macro backdrop.
CFO reaffirmed fiscal 2026 capex is expected to stay within the long-term model of 4% to 6% of revenue; trailing twelve-month capex was $0.5B. Management also emphasized record-level investment in innovation while continuing to return 100% of free cash flow to shareholders.
Management called fiscal 2026 a potential 'banner year,' highlighted broad-based momentum and above-seasonal guidance, and said they have 'never been more optimistic,' while acknowledging a still-fluid macro backdrop.
“And in fact, there's a norm in the high performance computing world that ultimately computing performance equals availability of power and that power has got to be delivered with increasing efficiency um you know in in tighter and tighter s”
| 지표 | 기간 | 범위 | 중간값 | 상태 |
|---|---|---|---|---|
| Capex | FY2026 | 4%–6% | 5% | GUIDED |
| EPS | FY2026 Q2 | $2.73–$3.03 | $2.88 | GUIDED |
| Op margin | FY2026 Q2 | 46.5%–48.5% | 47.5% | GUIDED |
| Revenue | FY2026 Q2 | $3.4B–$3.6B | $3.5B | GUIDED |
| 제시 시점 | 지표 | 목표 기간 | 가이던스 | 실제 | 결과 |
|---|---|---|---|---|---|
| FY2026 Q2 | EPS | FY2026 Q3 | $3.15–$3.45 | $3.45 | Met / beat |
| FY2026 Q2 | Op margin | FY2026 Q3 | 48%–50% | 40.1% | Missed |
| FY2026 Q2 | Revenue | FY2026 Q3 | $3.8B–$4B | $4.0219B | Met / beat |