Earnings Feed

CIEN

Technology

Adjusted EPS was $0.67, up 60% sequentially and 91% year over year, demonstrating strong operating leverage.
Adjusted gross margin was 41.9%, 90 basis points above guidance, driven by sales of previously reserved material and lower tariff impacts.
Adjusted net income was $96 million; adjusted EBITDA was $158 million or 13% of revenue.
Adjusted operating expense was $380 million, higher due to incentive compensation linked to strong order performance.
Adjusted operating margin improved 270 basis points year over year to 10.7%.
Ended the quarter with $1.4 billion in cash and investments; repurchased 1 million shares for $81.8 million in Q3, totaling $245 million year-to-date.
Generated $174 million in cash from operations with a free cash flow margin of 11%.
Q3 2025 revenue was $1.22 billion, exceeding the top end of guidance, up 8% sequentially and nearly 30% year over year.

VEEV

Technology

Billings guidance increased by $35 million for the full year, signaling confidence in the back half of 2026.
Commercial cloud subscriptions raised guidance for the full year, reflecting confidence in the business.
Crossix continued strong performance, contributing meaningfully to commercial growth.
Margins remain strong with expectations of improved cost of goods sold long term for Vault CRM.
Non-operating income reported at $353 million for the quarter.
R&D subscriptions showed the largest sequential increase in two years, indicating strong execution.
Total revenue for Q2 was $789 million, exceeding guidance.

DDD

Technology

Adjusted EBITDA was negative $5 million, improving $8 million year-over-year and $19 million sequentially.
Cash and cash equivalents plus restricted cash totaled $134 million at quarter-end, down from $171 million at year-end 2024.
DDD reported Q2 2025 consolidated revenue of $95 million, down 16% year-over-year and 11% excluding the divested Geomagic software business.
GAAP net income was $104 million, driven by gains from the Geomagic asset sale and debt repayment, resulting in GAAP EPS of $0.57.
Healthcare Solutions revenue decreased 8% year-over-year, with Dental down 3% and MedTech growing 13%.
Industrial Solutions revenue declined 23% year-over-year, or 13% excluding Geomagic, driven by softness in consumer-facing markets but partially offset by Aerospace and Defense growth.
Non-GAAP gross margin was 39%, slightly down from 41% the prior year, boosted by a $2 million milestone recognition in Regenerative Medicine.
Non-GAAP loss per share improved to $0.07 from $0.14 in the prior year.
Non-GAAP operating expenses were $47 million, down 27% year-over-year and 24% sequentially due to restructuring and cost efficiencies.
Sequential revenue grew 8% when adjusting for the Geomagic divestiture.

TLS

Technology

1mo

Adjusted EBITDA was a $400,000 profit, outperforming guidance which forecasted a loss between $2.1 million and $600,000.
GAAP gross margin was 33.2%, and cash gross margin was 38.4%, both within guidance ranges but lower year-over-year due to revenue mix.
Operating cash flow was $7 million, and free cash flow was $4.6 million, representing a 12.9% free cash flow margin for the quarter.
Security Solutions accounted for approximately 90% of total revenue and was the primary driver of growth.
Telos reported second quarter 2025 revenue of $36 million, a 26% year-over-year increase, exceeding guidance of $32.5 million to $34.5 million.
Year-to-date free cash flow was $8.4 million or 12.6% margin, with significant improvements driven by revenue growth, cost discipline, and working capital management.