Tech & Software · Week of Nov 2, 2026
Guidance raises and buybacks: the week in tech earnings
Third-quarter earnings dominated the week, with several companies raising guidance and Hut 8 and VIAVI expanding buyback authorizations.
Quarterly results made up the week's releases. Waters Corporation raised its full-year 2026 guidance and Unisys raised its constant currency revenue growth guidance, while ECARX reiterated its full-year revenue outlook and Ceragon Networks updated its 2026 revenue range to $365 million to $375 million. Wayfair and VIAVI both swung to net income from year-earlier losses, with VIAVI reporting revenue up 56.9% year-over-year.
Capital returns and acquisitions were a second thread. VIAVI announced a new $500 million share repurchase authorization and Hut 8 raised its authorization to $1.0 billion, while Blue Owl Technology Finance Corp. repurchased $55 million of stock. Waters said it acquired MOBILion Systems, and ECARX completed its acquisition of the Flyme software business. Cost pressures also surfaced: ECARX attributes a drop in gross margin to 7.0% mainly to rising memory costs, and Ceragon cited continued significant supply constraints in India.
Waters Corporation
Waters Corporation (NYSE: WAT) Reports Third Quarter 2026 Financial Results
Waters Corporation reported third quarter 2026 revenue of $1.767 billion and adjusted EPS of $4.10, up 21%, and raised full-year guidance to total reported revenue of $6.479 billion to $6.497 billion. The company also said it acquired MOBILion Systems, Inc., a developer of SLIM high-resolution ion mobility separation technology, and planned to present a 2027 starting growth framework.
Unisys Corporation
Unisys Announces 3Q26 Results
Unisys reported third-quarter revenue of $471.5 million, up 2.5% year over year, and a net loss of $201.0 million that includes a non-cash pension settlement loss of $151 million, net of tax. The company raised 2026 constant currency revenue growth guidance to (3.0)% to (1.5)% and says New Business TCV rose 78% to $221 million.
Wayfair Inc.
Wayfair Announces Third Quarter 2026 Results, Reports Double Digit U.S. Revenue Growth
Wayfair reported third-quarter total net revenue of $3.4 billion, up 9.7%, and net income of $62 million compared with a net loss of $99 million a year earlier. The company says U.S. revenue grew 11.4% against what it describes as a roughly flat category, while International net revenue fell 2.3% and the segment posted negative Adjusted EBITDA of $25 million.
Hut 8 Corp.
Hut 8 Reports Third Quarter 2026 Results
Hut 8 reported third-quarter revenue of $71.1 million and net income of $189.5 million, including $413.8 million of primarily unrealized gains on digital assets. The company signed a second 352 MW IT lease at Beacon Point, which it says brings expected base-term contract value across its AI data center portfolio to approximately $26.6 billion, and raised its repurchase authorization to $1.0 billion.
Blue Owl Technology Finance Corp.
Blue Owl Technology Finance Corp. Announces September 30, 2026 Financial Results
Blue Owl Technology Finance Corp. reported third-quarter GAAP net investment income of $0.29 per share and net asset value per share of $16.62, and declared a fourth quarter 2026 base dividend of $0.35 per share. Investments on non-accrual rose to 1.8% at cost and 1.1% at fair value, from 0.6% and 0.1% as of June 30, 2026.
VIAVI Financials
VIAVI Announces First Quarter Fiscal 2027 Results
VIAVI reported fiscal first quarter net revenue of $469.3 million, up 56.9% year-over-year, and GAAP net income of $76.0 million compared with a net loss of $21.4 million a year earlier. Its Board authorized a new repurchase program of up to $500 million, and the company guided second-quarter net revenue of $505 million to $515 million.
ECARX Holdings Inc.
ECARX Announces Third Quarter 2026 Unaudited Financial Results
ECARX reported third-quarter revenue of US$240.8 million, up 10%, while its net loss widened to US$48.6 million and gross margin fell to 7.0% from 21.9%, which the company attributes mainly to rising memory costs. The company completed the acquisition of the Flyme software business, reiterated full-year revenue guidance of US$1.0-US$1.1 billion, and signed a non-binding memorandum of understanding with Arm to co-develop AI compute platforms.
Ceragon Networks Ltd.
Ceragon Reports 2026 Third Quarter Financial Results
Ceragon Networks reported third-quarter revenue of $95.5 million, up 11.7%, with GAAP net income of $2.4 million and gross margin of 36.0%. The company updated its 2026 revenue outlook to $365 million to $375 million and said demand in India remained healthy despite continued significant supply constraints.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not WebDomesting reporting.