EPS And Financial PerformanceQ3 results fell short with adjusted EPS of $0.37, missing the estimate of $0.45 due to a soft gross margin and higher-than-anticipated operating expenses.
Leadership And Guidance ChallengesThe combination of worse-than-expected results, lowered guidance, and (another) CFO transition, has led shares to trade down more than 10%.
Profitability And Guidance RevisionManagement has already signaled much of the likely bad news, including profitability weakness in the first half of 2026.