Q2 FY2026 EarningsQ2 FY26 results missed consensus on the top and bottom lines, with revenue of $193.8M vs. $201.2M expected (-3.7%) and GAAP EPS of $0.08 vs. $0.10 expected (-20.0%). While gross margin beat expectations at 83.2% vs. 81.5% mean, operating income significantly trailed consensus ($23.0M vs. $48.9M) due to slowing Activation revenue (-1% YoY). The most significant development is the definitive merger agreement to be acquired by Neptune BidCo at $13.60 per share, a transaction expected to close by Q1 2027.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: DoubleVerify(DV) the Revenue is 193.79 M (+2.52%), Miss estimate;the EBIT is 48.67 M (+14.3%), Miss estimate;the EPS is 0.08 (+60%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.19B2.52%
0.20B6.91%
-0.01B4.39%
EBITMiss expectations
0.05B14.30%
0.05B15.56%
-0.00B1.26%
EPSMiss expectations
0.0860.00%
0.1089117.84%
-0.028957.84%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf