Japan Aviation Electronics raised its full-year sales and operating profit forecasts on Wednesday, citing ADAS and AI-related data center demand, but cut its ordinary and net profit outlook on expected non-operating expenses such as first-half currency losses. First-half profit missed its own April forecast, which the company blamed on weaker-than-expected demand in some markets in the June quarter, a further surge in copper and other raw material prices, higher labor costs and currency losses. First half (April–September) vs a year earlier, Japanese GAAP: Net sales: ¥123.56B vs ¥110.44B (+11.9%); April forecast ¥120.0B Operating profit: ¥3.28B vs ¥4.76B (−31.1%); forecast ¥3.8B Operating margin: 2.7% vs 4.3%; gross margin 14.4% vs 16.4% Ordinary profit: ¥2.18B vs ¥4.74B (−53.9%), after ¥635M of FX losses; forecast ¥3.5B Net profit: ¥1.39B vs ¥3.12B (−55.4%); forecast ¥2.7B EPS: ¥20.62 vs ¥46.23 July–September quarter (not reported by the company; derived by subtracting Q1 from first-half figures): sales ¥65.31B (+11.0% y/y, +12.1% q/q); operating profit ¥2.95B vs ¥3.28B a year earlier and ¥327M in Q1; net profit ¥1.06B vs ¥2.26B. By market: automotive ¥65.54B (+17.3%), industrial and infrastructure ¥20.69B (+50.7%), mobile devices ¥28.89B (−13.8%), aviation and space ¥5.23B (+14.1%). Connector segment income fell to ¥3.89B from ¥6.49B (prior year restated after User Interface Solutions was merged into Connector); aerospace rose to ¥1.85B from ¥787M. Full year to March 2027, revised from April 24: Sales ¥255.0B (was ¥240.0B; FY3/26 ¥227.87B) Operating profit ¥10.5B (was ¥9.5B; FY3/26 ¥8.94B) Ordinary profit ¥7.8B (was ¥8.5B; FY3/26 ¥8.25B) Net profit ¥5.0B (was ¥6.0B; FY3/26 ¥7.07B); EPS ¥74.13 (was ¥88.98) Second-half rate assumed at ¥155 per dollar; dividend ¥50 (¥25 interim) vs ¥60 In the English translation of its forecast revision notice, the company said it expects "growing demand for advanced driver-assistance system (ADAS) products for Japanese clients" and "further expansion of demand in the industrial and infrastructure market against the backdrop of active investments in AI semiconductors and data centers." Why it matters: JAE said in the English translation of its results release that it "fell short of fully absorbing increasing costs owing to higher prices of key raw materials such as gold and copper," even as #AI-driven chip-equipment demand lifted its industrial sales by half. Sources: Japan Aviation Electronics H1 FY3/27 results and forecast revision (English translations), Oct. 28, 2026; Q1 results, July 29, 2026. Image: Japan Aviation Electronics H1 FY3/27 consolidated financial results, page 1 (Japan Aviation Electronics).

Liquid AI (@liquidai) on Tuesday released LFM3, a new generation of its open-weight Liquid Foundation Models: six models of about 2B parameters each covering text, vision, audio, "omni" and decision tasks, all branched from a single 1.7B-parameter base and built to run and be fine-tuned on local devices. The company said the text model, LFM3-1.7B, has a 256K-token context window and fits in about 1 GB at 4-bit precision. It uses a new "tri-hybrid" design that mixes 13 short-convolution layers with 5 sliding-window attention and 6 global attention layers, and was pre-trained on 22 trillion tokens. LFM3-VL-2B is the first Liquid vision model to accept video, LFM3-Audio-2B handles speech in and out across 18 languages, and LFM3-Omni-2B is its first model combining vision, audio and language. Weights are on Hugging Face under the LFM Open License v1.0, which grants commercial-use rights only to organizations with less than $10 million in annual revenue, and the company says every model can be fine-tuned on a single GPU. On Liquid's own benchmark tables, LFM3-1.7B averaged 49.37 across its text suite versus 47.24 for Alibaba's Qwen3.5-9B, while the company acknowledged: "Larger models still win on agentic coding and knowledge, where size matters most." Launch partners named by Liquid include AMD (@AMD), Arm, Intel, Nvidia, Qualcomm (@Qualcomm) and OpenRouter, with Mercedes-Benz and Shopify testing pre-release. Support code for the models first surfaced in a public llama.cpp pull request about two hours before the announcement. "As AI increasingly moves from the cloud to the client, developers need models that can be deployed efficiently across the broad spectrum of AI PCs," said Josh Hort, head of ISV enabling at AMD. Why it matters: Liquid pitches LFM3 as small specialists to use "instead of running one large general-purpose model," and says that on a single Nvidia B300 the text model "can produce 3.6 billion tokens per day at 1,024 concurrent requests," enough for it to run more than 300,000 #AI agents in parallel in one test. Sources: Liquid AI, "Introducing LFM3: Every Modality for Specialized Intelligence," Oct. 27, 2026; Hugging Face model cards; llama.cpp pull request 31252, Oct. 27, 2026. Image: Liquid AI LFM3 announcement blog, Oct. 27, 2026 (liquid.ai).

NEC raised its full-year forecast on Wednesday as the Japanese IT services and defense-electronics group posted higher second-quarter profit, helped by its BluStellar digital-transformation business at home and the first full quarter of US billing-software maker CSG Systems, which it began consolidating in May. July–September quarter (Q2 FY2026) vs a year earlier: Revenue: ¥934.1B vs ¥854.1B (+9.4%; +4.0% pro forma incl. CSG); Q1 ¥819.8B Non-GAAP operating profit: ¥113.6B vs ¥87.5B; margin 12.2% vs 10.2% (Q1 9.1%) Non-GAAP net profit: ¥85.8B vs ¥56.3B; non-GAAP EPS ¥65 vs ¥42 IT Services: revenue ¥709.0B (+9.5%); op profit ¥102.6B vs ¥82.4B – Domestic BluStellar: revenue ¥192.2B (+26.4%); op profit ¥31.8B vs ¥23.0B – Overseas: revenue ¥165.5B (+59.8%); op profit ¥24.5B vs ¥11.2B Social Infrastructure: revenue ¥191.3B (+8.6%); op profit ¥20.3B vs ¥10.7B First half (IFRS): revenue ¥1,753.9B (+11.7%); operating profit ¥146.2B (+23.3%); net profit ¥116.4B (+59.9%); basic EPS ¥87.78 vs ¥54.65. Full year to March 2027, raised from the July 29 forecast: Revenue ¥3,740.0B (was ¥3,540.0B; FY2025 ¥3,582.7B) Non-GAAP operating profit ¥460.0B (was ¥430.0B); margin 12.3% Non-GAAP net profit ¥310.0B (was ¥290.0B) IT Services revenue ¥2,795.0B (was ¥2,625.0B), with overseas raised to ¥620.0B on CSG Dividend kept at ¥40; ¥30B allowance for component and macro risks retained Free cash flow forecast cut to −¥90.0B from ¥300.0B (FY2025 ¥472.1B); first-half free cash flow was −¥412.6B vs ¥174.2B a year earlier NEC summed up the quarter as "ITサービス、社会インフラともに大幅な増収増益" (significant revenue and profit growth in both IT Services and Social Infrastructure, translated), citing BluStellar expansion and better profitability in domestic IT services and continued strength in aerospace and defense and maritime systems. Why it matters: NEC said it revised the forecast "足元の業績進捗およびCSG連結を考慮し" (reflecting current business progress and the consolidation of CSG, translated), with BluStellar now 35% of domestic IT services revenue. #ITServices Sources: NEC Q2 FY2026 earnings summary (決算短信) and results presentation, Oct. 28, 2026 (TDnet). Image: NEC Q2 FY2026 earnings summary, page 1 (NEC).

Advantest raised its full-year forecast on Wednesday after the Japanese chip-testing equipment maker posted quarterly sales and profit well above its own July outlook on rising production of #AI chips, and said it will speed up capacity expansion. It also approved a buyback of up to ¥280B. July–September quarter (Q2 FY2026) vs a year earlier: Sales: ¥477.7B vs ¥262.9B (+81.7%); Q1 ¥367.5B (+30.0% q/q); own forecast ¥434.5B Operating income: ¥266.8B vs ¥108.4B (+146.0%); forecast ¥224.5B Operating margin: 55.9% vs 41.3% (Q1 51.7%) Gross margin: 71.1% vs 62.2% Net income: ¥193.3B vs ¥79.6B (+142.7%); Q1 ¥174.8B Test systems sales ¥436.7B, including SoC testers ¥353.3B and memory testers ¥53.4B First half: sales ¥845.2B (+60.5%); operating income ¥456.8B (+96.5%); net income ¥368.1B (+116.8%); EPS ¥508.99 vs ¥232.19. Test systems segment profit ¥455.6B vs ¥240.6B. Full year to March 2027, raised from the July forecast: Sales ¥1,863.0B (was ¥1,714.0B; FY2025 ¥1,128.6B) Operating income ¥967.0B (was ¥846.0B; FY2025 ¥499.1B); margin 51.9% Net income ¥741.5B (was ¥660.0B); EPS ¥1,027.08 Second-half rate assumed at ¥150 per dollar; interim dividend ¥49 vs ¥29 Buyback: up to 11M shares (1.5%) or ¥280B, Oct. 29 to March 24 "Demand for key components such as memory semiconductors continues to exceed supply as AI investments expand across industries," the company said. It added that it has reached annual capacity of more than 5,000 SoC testers and is "aiming to reach the 10,000 systems target well ahead of the original schedule." Why it matters: Advantest says it expects the tester market "to reach a new record high in CY2026, particularly as inference AI evolves," and that the industry will stay supply constrained into 2027. Sources: Advantest FY2026 Q2 results, presentation and buyback notice, Oct. 28, 2026. Image: Advantest FY2026 Q2 consolidated financial results, page 1 (Advantest).

Socionext raised its full-year sales and profit forecasts on Wednesday, but the Japanese custom #chip designer said the lift came from a weaker yen and that full-year revenue would come in slightly below its April plan on a currency-neutral basis after first-half sales of Chinese automotive products and others fell short. July–September quarter (Q2 FY3/27) vs a year earlier: Net sales: ¥60.4B vs ¥52.7B (+14.7%); Q1 ¥39.0B (+54.7% q/q) Product revenue: ¥50.2B vs ¥44.5B (+12.8%) NRE revenue: ¥10.2B vs ¥8.0B (+28.4%) Operating income: ¥2.3B vs ¥2.3B; margin 3.9% vs 4.4% (Q1: loss of ¥0.7B) Net income: ¥2.1B vs ¥1.6B Product cost ratio: 72.8% vs 69.4% First half: sales ¥99.423B (+14.0%); operating income ¥1.668B (−55.7%); ordinary income ¥2.240B (−19.8%); net profit ¥1.526B (−25.9%); EPS ¥8.70 vs ¥11.70. Full year to March 2027, revised from the April 28 forecast: Net sales ¥225.0B (was ¥215.0B; FY3/26 ¥200.834B) Operating income ¥15.5B (was ¥14.0B; FY3/26 ¥12.354B) Ordinary income ¥15.5B (was ¥14.0B) Net profit ¥10.5B (was ¥10.0B); EPS ¥59.86 (was ¥57.05) Second-half rate assumed at ¥130 per dollar, vs ¥159.4 in the first half; dividend kept at ¥50 In the English translation of its results presentation, the company said first-half revenue "was below the initial forecast (as of April), on an FX neutral basis, due to Chinese automotive products and other factors," while second-half revenue "may exceed the initial forecast, driven by new mass production of US automotive and US data center products." Why it matters: Socionext said in the translated presentation that "The shift to AD/ADAS and zonal architectures is driving demand for high-performance computing using AI," but it still expects product gross margin to slip from last year on large-scale advanced projects and "higher-than-forecast costs." Sources: Socionext results summary, forecast revision and presentation, Oct. 28, 2026 (English translations of the Japanese originals). Image: Socionext 1H results summary, page 1 (Socionext).

F-Secure narrowed its 2026 outlook on Wednesday after the Finnish consumer cybersecurity company posted what it called its highest organic growth since its 2022 demerger, driven by its #EmbeddedSecurity business with telecom partners, even as it booked a write-down linked to a large partner that has signalled it will not renew its contract when it expires in March 2027. Q3 (July–September 2026) vs a year earlier: Revenue: €40.5M vs €36.1M (+12.2% reported, +12.4% currency neutral); Q2 €39.8M Partner channel: €34.1M vs €29.5M (+15.6%; +15.8% c.n.) Direct channel: €6.4M vs €6.6M (−2.9%) Adjusted EBITA: €13.6M vs €13.3M; margin 33.6% vs 37.0% (Q2 27.7%) EBIT: €7.3M vs €9.7M; margin 18.0% vs 26.9% Profit for the period: €3.9M vs €6.2M (Q2 €4.1M) EPS: €0.02 vs €0.04 Operating cash flow: €9.1M vs €11.6M 2026 outlook, narrowed: Currency neutral revenue growth 8–11% (previously 7–12%; midpoint unchanged at 9.5%) Adjusted EBITA €46–50M (previously €44–50M; midpoint €48M vs €47M) The company said a Tier 1 partner's intention, first disclosed on Sept. 29, not to extend its agreement after March 2027 led to a €2.1M impairment of capitalised assets in the quarter. The contract brought in about €16M of revenue in 2025. F-Secure said the 2026 outlook is not affected but that 2027 revenue would be weaker than previously anticipated if the deal is not extended. On Oct. 1 it announced change negotiations that could cut up to 145 roles globally. "The third quarter of 2026 brought clear progress with new business wins, an expanding product portfolio and active participation in new tenders. We also received a non-renewal indication from one of our Tier 1 partners, which is a setback for 2027," said President and CEO Timo Laaksonen. Why it matters: F-Secure says 12.4% currency neutral growth marked "the highest organic growth figure since the demerger in 2022," and it is betting that cybersecurity built into operator apps can offset the loss of a top partner. Sources: F-Secure (@FSecure) interim report and stock exchange release, Oct. 28, 2026. Image: F-Secure interim report January–September 2026, page 1 (F-Secure).

Dassault Systèmes said on Wednesday that third-quarter revenue rose 5% at constant currencies to €1.55 billion, at the high end of its objectives, and raised its full-year non-IFRS operating margin and earnings targets as 3DEXPERIENCE software revenue jumped 25%. Reported revenue rose 6% from €1.46 billion a year earlier and was little changed from €1.56 billion in the second quarter. Software revenue grew 5% at constant currencies to €1.39 billion, with Industrial Innovation up 5% to €753 million, Mainstream Innovation up 8% to €375 million and Life Sciences up 1% to €266 million. Cloud software revenue rose 14% and ARR grew 6% to €4.50 billion. By region, Asia rose 12% and Europe 9% on a non-IFRS basis, while the Americas fell 3%. Non-IFRS operating income rose 11% to €490 million, for a margin of 31.6% versus 30.1% a year earlier, above the 31.0% to 31.1% it had guided in July. Non-IFRS diluted EPS rose 8% at constant currencies to €0.32 from €0.29, above its €0.30 to €0.31 objective. IFRS operating income rose 8% to €325 million and IFRS EPS was €0.22, versus €0.20. Dassault now targets 2026 non-IFRS revenue of €6.399 billion to €6.459 billion, a midpoint of €6.429 billion versus €6.356 billion in July, with an operating margin of 32.5% to 32.7% and EPS of €1.35 to €1.36, a midpoint of €1.355 versus €1.32. The targets include ArisGlobal, whose acquisition it announced on July 23 and completed in September. Why it matters: Dassault chief executive Pascal Daloz says industries are becoming AI-native, and that its 3D UNIV+RSES combine science, industrial knowledge and #AI to create Industry World Models and Virtual Twins at scale. "The next industrial revolution will not be defined by AI alone, but by how intelligence connects the virtual and physical worlds," said Daloz. Sources: Dassault Systèmes (@Dassault3DS), "Dassault Systèmes: Strong Q3 performance with improved FY26 objectives and a step change in Life Sciences," Oct. 28, 2026; Dassault Systèmes, "Solid Q2 results and confirming full-year objectives," July 23, 2026. Image: Dassault Systèmes investor relations press release, Oct. 28, 2026.

SAKURA internet raised its full-year net profit forecast by 70% on Wednesday after the Japanese cloud provider said demand for its #GPU infrastructure kept Nvidia-based servers running at close to full capacity, swinging the company to a first-half profit. Its shares rose by the daily limit of 503 yen, or 17%, to 3,470 yen, Nikkei reported. First half (April–September 2026) vs a year earlier: Net sales: ¥22.827B vs ¥15.631B (+46.0%) Operating profit: ¥2.963B vs a loss of ¥920M Ordinary profit: ¥3.013B vs a loss of ¥811M Net profit attributable to owners: ¥1.903B vs a loss of ¥626M EPS: ¥47.55 vs −¥15.66 vs its own July 28 forecast: sales ¥22.5B, operating profit ¥2.2B, ordinary profit ¥2.2B July–September quarter: ordinary profit ¥1.75B vs a loss of ¥370M; operating margin 14.8% vs −5.7% (Kabutan calculation) Full year to March 2027, revised: Net sales ¥46.6B (was ¥45.5B; FY3/26 ¥35.301B) Operating profit ¥4.1B (was ¥2.5B; FY3/26 loss of ¥403M) Ordinary profit ¥3.9B (was ¥2.3B) Net profit ¥2.55B (was ¥1.5B) GPU infrastructure sales ¥20.85B (+156.0% vs ¥8.144B; ¥10.124B in the first half) Annual dividend ¥8.00 (was ¥5.50), including a ¥2.50 30th-anniversary payout In the English translation of its results presentation, the company said Nvidia H100/H200/B200 GPUs "maintained high utilization rates" and that "GPU infrastructure services drove sales growth due to improved unit prices." It said results "exceeded the revised forecast announced in July," and that the impact of the unauthorized access incident it first disclosed on Aug. 17 was "limited." Why it matters: SAKURA said in the translated presentation that "Net sales in the second half are expected to exceed those in the first half, driven mainly by GPU infrastructure services," and it says it will "proceed with preparations to add new GPUs in response to AI demand trends." Sources: SAKURA internet results summary, forecast revision and presentation, Oct. 28, 2026 (English translations of the Japanese originals); Nikkei; Kabutan. Image: SAKURA internet Q2 results summary, page 1 (SAKURA internet).

Manhattan Associates said on Tuesday that third-quarter revenue rose 11% to $306.2 million and cloud subscription revenue jumped 28% to $134.4 million, and raised its full-year revenue, adjusted operating margin and adjusted EPS guidance. Revenue was up from $275.8 million a year earlier and $297.8 million in the second quarter. Services revenue rose 1% to $134.42 million from $133.0 million, just under cloud's $134.44 million, and remaining performance obligations grew 25% from a year earlier to $2.59 billion. Adjusted operating income rose to $115.2 million from $103.4 million and GAAP operating income to $81.0 million from $75.8 million. Adjusted EPS climbed to $1.55 from $1.36, and GAAP EPS to $1.04 from 96 cents. The #SupplyChain software company now sees 2026 revenue of $1.176 billion to $1.178 billion, a midpoint of $1.177 billion versus $1.163 billion in its July guidance, and adjusted EPS of $5.54 to $5.56, a midpoint of $5.55 versus $5.47 and above the $5.50 FactSet consensus, CNBC reported. Its adjusted operating margin outlook rose to 35.2% to 35.4% from 35.0% to 35.2%. On the earnings call, the company raised its RPO growth outlook to 21% from 18% to 20%. Why it matters: Manhattan Associates chief executive Eric Clark says the company posted another record bookings quarter on strong demand and achieved two milestones, with cloud revenue surpassing services revenue and total quarterly revenue exceeding $300 million. "While macroeconomic headwinds persist, Manhattan's business fundamentals are solid," said Clark. Sources: Manhattan Associates, "Manhattan Associates Reports Third Quarter Results," Oct. 27, 2026; Manhattan Associates, "Manhattan Associates Reports Second Quarter Results," July 28, 2026; Manhattan Associates Q3 2026 earnings call, Oct. 27, 2026; CNBC, Oct. 27, 2026. Image: Manhattan Associates investor relations press release, Oct. 27, 2026.

ASMPT reported what it called record quarterly bookings on Wednesday, as the Hong Kong-listed chip packaging and electronics assembly equipment maker said #AI data center demand drove orders for its thermo-compression bonding (TCB) tools, photonics systems and SMT lines. Q3 2026 (continuing operations) vs a year earlier: Bookings: HK$8.85B (US$1.128B), +137.9% y/y, +24.7% q/q; book-to-bill 1.69 Revenue: HK$5.247B (US$669.2M) vs HK$3.528B (+48.7%); Q2 HK$4.936B (+6.3% q/q) vs own guide: US$630–690M (midpoint US$660M); the company said revenue was above the midpoint Gross margin: 42.1% vs 35.5%; adjusted (non-HKFRS) 42.9% vs 37.7% Operating profit: HK$798.6M vs HK$80.6M; adjusted HK$922.4M vs HK$192.5M Net profit: HK$533.2M vs a loss of HK$286.2M; adjusted HK$689.7M vs HK$117.6M Basic EPS: HK$1.28 vs a loss of HK$0.69; adjusted HK$1.65 vs HK$0.28 (Q2 HK$1.53) SEMI: revenue HK$2.93B (+68.0%), bookings HK$4.42B (+156.3%), adj gross margin 46.6% SMT: revenue HK$2.31B (+29.8%), bookings HK$4.43B (+122.1%) Q4 2026 guidance: revenue US$670–730M, midpoint US$700M (+4.6% q/q, +37.5% y/y). The company expects Q4 bookings to be below Q3's level "due to the one-offs and pull-in in SMT," and SEMI revenue to be flat on longer lead times for advanced packaging products. "ASMPT's record bookings this quarter reflect sustained AI infrastructure investment driving demand across our broad portfolio, particularly in TCB, SMT and Photonics," said Group CEO Bassel Haddad. "ASMPT will be technology-led, customer-driven and financially disciplined." Why it matters: ASMPT said "AI demand is expected to drive sustained revenue growth in 2027," and that record orders for its chip-to-substrate TCB tools came from OSAT partners of "a leading advanced logic customer." Sources: ASMPT Q3 2026 results release and HKEX announcement, Oct. 28, 2026. Image: ASMPT investor relations release page, Oct. 28, 2026 (asmpt.com).

SK hynix said on Wednesday that third-quarter revenue more than quadrupled to a record 104.62 trillion won, the first time its quarterly sales have topped 100 trillion won, as #HBM4 shipments began in earnest and server DDR5 sales rose sharply. Revenue rose 328% from 24.45 trillion won a year earlier and 32% from 79.32 trillion won in the second quarter. Operating profit jumped 632% to a record 83.33 trillion won from 11.38 trillion won, and 38% from 60.54 trillion won in the second quarter, for an operating margin of 80%, versus 76% in the prior quarter and 47% a year earlier. Net profit rose 216% to 39.78 trillion won but fell 58% from 93.92 trillion won in the second quarter. The results beat LSEG SmartEstimates of 98.34 trillion won in revenue and 76.72 trillion won in operating profit, CNBC reported. Yonhap said the operating profit was 9.3% above a Yonhap Infomax consensus of 76.26 trillion won. SK hynix said it will return about 100 trillion won to shareholders for 2026, made up of at least 30 trillion won in dividends and at least 60 trillion won in buybacks and cancellations, including the 40 trillion won repurchase approved on Aug. 19, which it said was completed last week. Its board declared a third-quarter dividend of 14 trillion won, or 20,000 won a share, half of it a special payout from its Kioxia investment gains, and approved a 20 trillion won buyback; only the 10 trillion won to be cancelled counts toward the return total, with the remaining roughly 10 trillion won going to employee compensation. The company also said it has discontinued its review of a Solidigm IPO. Why it matters: SK hynix says it has long-term agreements with 14 major customers covering more than 50% of its 2027 and 2028 production capacity, and expects demand to exceed memory supply through 2030 given the technical difficulty of leading-edge processes and long lead times for new fabs. "The customer trust built through our technological competitiveness is leading to long-term contracts, and our business structure is transforming into one with earnings stability and mid-to-long term demand visibility," said CEO Kwak Noh-Jung. Sources: SK hynix (@SKhynix), "SK hynix Announces 3Q26 Financial Results," Oct. 28, 2026; SK hynix, "SK hynix Accelerates 40 Trillion won Share Repurchase and Cancellation Program," Aug. 19, 2026; CNBC, Oct. 28, 2026; Yonhap, Oct. 28, 2026. Image: SK hynix newsroom press release, Oct. 28, 2026.

Intapp said on Tuesday that fiscal first-quarter subscription revenue rose 29% from a year earlier to $125.5 million and total revenue rose 16% to $161.3 million, both above the top of the ranges it gave in August, and raised its full-year outlook. Cloud annual recurring revenue grew 28% to $515.3 million, 85% of total ARR of $607.1 million, and trailing 12-month cloud net revenue retention was 123%. Non-GAAP EPS rose to 44 cents from 24 cents a year earlier, above its 39 cents to 41 cents guidance; the GAAP net loss narrowed to 2 cents a share from 18 cents. Non-GAAP operating income was $35.4 million versus $20.9 million, also above its $33.4 million to $34.4 million guidance. Intapp now sees fiscal 2027 subscription revenue of $530.5 million to $534.5 million, a midpoint of $532.5 million, up from $530.7 million in August, and non-GAAP EPS of $1.64 to $1.68, a midpoint of $1.66, up from $1.60. It also lifted its full-year total revenue outlook to $658.2 million to $662.2 million, from $656.5 million to $660.5 million, and non-GAAP operating income to $136.8 million to $140.8 million, from $134.7 million to $138.7 million. For the second quarter it guided subscription revenue of $129.1 million to $130.1 million, a midpoint of $129.6 million. Why it matters: Intapp, which describes itself as the leading governed #AI platform for professional firms, says it accelerated its Firm AI strategy through the general availability of Intapp Celeste, announced July 15, and the introduction of Compliance with Celeste and Time with Celeste, announced Aug. 19, embedding agentic AI into professional firms' business acceptance, risk management, and revenue workflows. "That's Firm AI, a category Intapp created and defined," said Chairman and CEO John Hall. "With Intapp Celeste now generally available and firms moving to the cloud, we're confident in where we're headed." Sources: Intapp, "Intapp announces first quarter fiscal year 2027 financial results," Oct. 27, 2026; Intapp, "Intapp announces fourth quarter and fiscal year 2026 financial results," Aug. 4, 2026; Intapp, "Intapp announces general availability of Celeste, the expert AI coworker for professional firms," July 15, 2026; Intapp, "Intapp announces re-architected Compliance and Time solutions, with Intapp Celeste at the core," Aug. 19, 2026. Image: Intapp investor relations press release, Oct. 27, 2026.

Ultra Clean said on Tuesday that third-quarter revenue rose 49% from a year earlier and 18% from the second quarter to what it called a record $759.0 million, above the top of its own $700 million to $750 million guidance, as the #semiconductor subsystems supplier cited accelerating customer demand. Products revenue rose 53% to $681.9 million and services 19% to $77.1 million. Non-GAAP earnings per share were $1.15, above the 83 cents to $1.03 it had forecast in August and up from 24 cents a year earlier. GAAP EPS was 85 cents, within its 67 cents to 87 cents guidance, versus a loss of 24 cents a year earlier. GAAP gross margin widened to 16.9% from 16.1% a year earlier, and GAAP operating margin to 7.1% from 2.1%; on a non-GAAP basis, gross margin was 17.3% and operating margin 9.0%. GAAP net income attributable to the company was $39.1 million, against a $10.9 million loss a year earlier, and non-GAAP net income was $53.2 million. For the fourth quarter, Ultra Clean guided revenue of $800 million to $860 million, a midpoint of $830 million, and non-GAAP EPS of $1.11 to $1.35, a midpoint of $1.23; GAAP EPS guidance is $1.02 to $1.26. Why it matters: Ultra Clean chief executive James Xiao says the company responded with speed and agility to scale production, and is positioning itself for what he calls the next phase of #AI-driven industry expansion. "Through UCT 3.0, we are building a more agile and efficient company that is well positioned to anticipate customer needs, accelerate innovation, and translate industry growth into lasting shareholder value," said Xiao. Sources: Ultra Clean Holdings, "Ultra Clean Reports Third Quarter 2026 Financial Results," Oct. 27, 2026; Ultra Clean Holdings, "Ultra Clean Reports Second Quarter 2026 Financial Results," Aug. 3, 2026. Image: Ultra Clean investor relations press release, Oct. 27, 2026.

Teradyne said on Tuesday that third-quarter revenue rose 70% from a year earlier to $1.31 billion, above the top of its own $1.2 billion to $1.3 billion guidance, with record revenue in memory and integrated systems test that the #ChipTesting company said was driven by all things AI. Semiconductor test revenue was $1.07 billion, product test $138 million and robotics $96 million, which Teradyne said was the unit's highest third-quarter revenue to date, adding that robotics achieved profitability. Non-GAAP earnings per share rose to $2.29 from 85 cents a year earlier, above the $1.85 to $2.15 it had forecast in July, and GAAP EPS climbed to $2.17 from 75 cents. GAAP gross profit rose to $771 million, a 59.1% margin against 58.4% a year earlier, and operating income nearly tripled to $402 million from $145 million. Revenue slipped from a record $1.33 billion in the second quarter. For the fourth quarter, Teradyne guided revenue of $1.25 billion to $1.35 billion and non-GAAP EPS of $1.95 to $2.25, midpoints $50 million and 10 cents above the third-quarter guidance it gave in July. Why it matters: Teradyne chief executive Greg Smith says demand extended across the #AI value chain, from memory and hard disk drive test to high-speed interconnect and robotics, and that the company approaches 2027 with a more diversified business and an expanding set of opportunities. "Our wafer to data center strategy and the breadth of our portfolio sustained positive momentum in Q3," said CEO Greg Smith. Sources: Teradyne, "Teradyne Reports Third Quarter 2026 Results," Oct. 27, 2026; Teradyne, "Teradyne Reports Second Quarter 2026 Results," July 28, 2026. Image: Teradyne investor relations press release, Oct. 27, 2026.

NXP Semiconductors said on Tuesday that third-quarter revenue rose 19% from a year earlier to $3.79 billion, above the $3.75 billion midpoint of its own guidance, and that its board authorized a new $5 billion share buyback on top of the $1.3 billion left under its prior program. Industrial and IoT revenue jumped 39% to $802 million and communications infrastructure and other rose 54% to $503 million, while automotive, the Dutch #Semiconductors company's largest business, grew 13% to $2.07 billion and mobile fell 4% to $411 million. Non-GAAP earnings per share rose to $4.20 from $3.11 a year earlier, above the $4.11 midpoint of its forecast, and GAAP EPS climbed to $3.48 from $2.48. Non-GAAP gross margin widened to 58.6% from 57.0%, and non-GAAP free cash flow was $1.21 billion, or 31.9% of revenue. For the fourth quarter, NXP guided revenue of $3.75 billion to $3.95 billion, a $3.85 billion midpoint that would be up 15% from a year earlier, and non-GAAP EPS of $4.14 to $4.58. During the third quarter, NXP said in August that BMW Group would deploy its ultra-wideband ranging and radar solutions across its fleet, and VSMC, its joint venture with Vanguard International Semiconductor, opened its first 300mm fab in Singapore in late September. Why it matters: NXP chief executive Rafael Sotomayor says software-defined vehicles are driving increasing demand for its next-generation solutions, while data center infrastructure and Trusted Physical #AI applications create new vectors for long-term growth. "Our performance was driven by accelerating contributions from our company-specific growth drivers in automotive and industrial as well as continued momentum in data center infrastructure," said Rafael Sotomayor, NXP President and Chief Executive Officer. Sources: NXP, "NXP Semiconductors Reports Third Quarter 2026 Results," Oct. 27, 2026; NXP, "NXP Semiconductors Reports Second Quarter 2026 Results," July 28, 2026; NXP, BMW Group UWB announcement, Aug. 4, 2026. Image: NXP newsroom press release, Oct. 27, 2026.

F5 (@F5) said on Tuesday that fiscal fourth-quarter revenue rose 13% to $917 million, above the top of its own $870 million to $890 million guidance, as product revenue jumped 23% to $510 million, and its board authorized an additional $1.5 billion for share buybacks. Systems revenue grew 29% to $239 million and software revenue 19% to $271 million, while services revenue rose 3% to $408 million. Non-GAAP earnings per share were $4.42, against $4.39 a year earlier and above the $4.14 to $4.26 the #Cybersecurity and app delivery company had forecast in July; GAAP EPS slipped to $3.23 from $3.26, and non-GAAP operating margin narrowed to 33.7% from 37.0%. For the full fiscal year, revenue rose 11% to $3.42 billion, ahead of the 9% to 10% growth outlook F5 had raised in July, and non-GAAP EPS was $17.49, above its $17.21 to $17.33 forecast. For fiscal 2027, F5 guided revenue growth of 8% to 9% and non-GAAP EPS of $18.00 to $18.30, and for the first quarter it expects revenue of $875 million to $895 million and non-GAAP EPS of $4.25 to $4.37. The new buyback authorization comes on top of the $322 million remaining under its existing program. Why it matters: F5 chief executive François Locoh-Donou says frontier #AI is accelerating vulnerability discovery to machine speed and expanding the attack surface through APIs and AI agents, and that F5 is focused on using AI to identify risk earlier and enforcing consistent protection at runtime across every environment. "Nine consecutive quarters of double-digit product revenue growth reflect F5's expanding strategic role as our customers navigate hybrid multicloud complexity, an intensifying threat landscape, and a rapidly evolving AI-driven world," said François Locoh-Donou, F5's Chairman, President and CEO. Sources: F5, "F5 Reports Fourth Quarter Results with 23% Product Revenue Growth Driving 13% Total Revenue Growth Year Over Year; Board Authorizes Additional $1.5 Billion for Share Repurchases," Oct. 27, 2026; F5, third quarter fiscal 2026 results release, July 27, 2026. Image: F5 press release page, Oct. 27, 2026.

Logitech said on Tuesday that sales for its fiscal second quarter rose 3%, or 2% in constant currency, to $1.22 billion, near the top of its own $1.185 billion to $1.22 billion outlook, and forecast that third-quarter sales could fall as much as 5% in constant currency as a #Semiconductor supplier recovers from a factory incident. Non-GAAP operating income was $231 million, up 0.4% and above the $185 million to $210 million the company had guided for in July, which chief financial officer Matteo Anversa said was driven by very strong gross margins; non-GAAP gross margin rose 140 basis points to 45.2%. Non-GAAP earnings per share rose to $1.51 from $1.45 a year earlier, and GAAP EPS to $1.25 from $1.15. Video collaboration sales grew 12% and #Gaming 8%, while tablet accessories fell 32% and webcams 9%. Logitech returned $406 million to shareholders through its annual dividend and share buybacks. For the December quarter, Logitech guided sales of $1.36 billion to $1.43 billion, down 4% to up 1% in dollars and down 5% to flat in constant currency, with non-GAAP operating income of $220 million to $255 million. That range includes an estimated $70 million to $80 million hit from the supplier incident, which Logitech first disclosed in July, when it estimated the third-quarter impact at up to $200 million. Why it matters: Logitech says the supplier's facility, closed at the end of June after a serious incident, opened in September and began ramping up production, and although its capacity is still below Logitech's required level, the company expects it to resume full production by the end of the calendar year. "We delivered our eleventh consecutive quarter of growth and launched 19 new products for the holiday quarter," said Hanneke Faber, Logitech chief executive officer. Sources: Logitech, "Logitech Announces Q2 Fiscal Year 2027 Results," ad hoc release, Oct. 27, 2026; Logitech, "Logitech Announces Q1 Fiscal Year 2027 Results," July 28, 2026. Image: Logitech investor relations news release, Oct. 27, 2026.

Seagate (@Seagate) said on Tuesday that revenue for its fiscal first quarter, ended Oct. 2, jumped 61% from a year earlier to $4.23 billion, above the top of its own guidance of $4.1 billion, plus or minus $100 million, and forecast another big step up for the December quarter. Non-GAAP earnings per share rose to $7.68 from $2.61 a year earlier, also above the top of the $7.30, plus or minus 20 cents, the #DataStorage maker had guided for in July, while GAAP EPS was $7.59, up from $2.43. Non-GAAP gross margin widened to 57.8% from 40.1%, and non-GAAP operating margin to 50.7% from 29.0%. Free cash flow was $1.5 billion; Seagate retired about $1.2 billion of debt in the quarter and another $750 million after it ended, cutting gross debt to $1.6 billion, and raised its quarterly dividend by about 3% to 76 cents. For the fiscal second quarter, Seagate guided revenue of $4.8 billion, plus or minus $100 million, and non-GAAP EPS of $9.20, plus or minus 20 cents; those midpoints are $700 million and $1.90 above the midpoints of the first-quarter guidance it gave in July. Why it matters: Seagate says long-term customer demand visibility reinforces its view of a multi-year growth phase, and that its #HAMR-based technology roadmap lets it address growing exabyte demand through areal density gains while maintaining supply discipline. "Seagate delivered another quarter of record profitability and our highest ever free cash flow in the September quarter, demonstrating the earnings power of our business amid a strengthening demand environment," said Dave Mosley, Seagate's chair and chief executive officer. Sources: Seagate, "Seagate Technology Reports Fiscal First Quarter 2027 Financial Results," Oct. 27, 2026; Seagate, fiscal fourth quarter and fiscal year 2026 results release, July 28, 2026. Image: Seagate investor relations news release, Oct. 27, 2026.

ASM International said on Tuesday that third-quarter revenue rose 45%, or 44% at constant currencies, to a record €1.16 billion, at the upper end of its own guidance of €1.1 billion, plus or minus 5%, and above the €1.10 billion analysts had expected, according to Reuters. The Dutch #Semiconductors equipment maker said sales were driven by strong #AI-related demand, an acceleration in advanced logic and foundry, including a first solid contribution from 1.4nm investments, and strong growth in memory. Gross margin held at 52.0%, against 51.9% a year earlier, and adjusted operating profit jumped 56% to €386.7 million, for a margin of 33.4%. Net earnings fell to €308.1 million, or €6.27 per diluted share, from €384.1 million, or €7.82, a year earlier, when results included a €181.4 million impairment reversal on investments in associates; adjusted net earnings rose to €315.4 million from €206.2 million. ASM expects fourth-quarter revenue of €1.23 billion, plus or minus 5%, at constant currencies, above the €1.18 billion LSEG consensus, and full-year 2026 revenue up about 35%. For 2027 it now projects more than €5.7 billion at constant currencies, which it said means reaching the revenue target it set for 2030 at its Investor Day in September 2025 three years ahead of plan. At that event it had given a 2027 range of €3.7 billion to €4.6 billion, and in July it said 2027 would exceed the top of that range; analysts polled by LSEG had expected €5.41 billion. ASM also authorized a new share buyback of up to €300 million after completing a €150 million program announced in March. Why it matters: ASM said it can now confirm a solid double-digit increase in its served available market at 1.4nm compared with 2nm, together with higher market share, and expects advanced logic and foundry to be its strongest growth driver in 2027, though it warned that supply chain conditions are increasingly tight. "The demand environment remains very strong. The continued build-out of AI infrastructure is driving significant capacity requirements across the industry, particularly in the leading edge," said Hichem M'Saad, CEO of ASM. Sources: ASM, "ASM reports third quarter 2026 results," press release, Oct. 27, 2026; ASM, "ASM reports second quarter 2026 results," July 28, 2026; Reuters, with LSEG consensus, Oct. 27, 2026. Image: ASM Q3 2026 press release, Oct. 27, 2026.

Google DeepMind (@GoogleDeepMind) announced Genie 4 on Tuesday, an #AI world model that generates interactive, real-time simulations with native audio, including ambient sound, music and dialogue, and lets users steer a scene with natural-language prompts such as changing the weather, moving the camera or adding a character. Google says Gemini 3.8 Flash acts as a guiding agent in the loop, breaking goals into steps and reviewing incoming frames to check that each step succeeded, while Gemini Omni anchors the simulations in real-world appearance and behavior. Genie 4 is rolling out as a research preview to trusted testers, with Google AI Ultra subscribers in Project Genie and early-access partners of the Gemini API and AI Studio to follow. It succeeds Genie 3, which DeepMind announced in August 2025. The Verge reported that Genie 4 experiences can run about two minutes, up from one minute for Genie 3; Google DeepMind's post gives no duration, saying only that Genie 4 keeps environments coherent over short sessions and that details and object permanence can still drift as a simulation runs longer. All video and audio generated by Genie 4 will carry Google's SynthID watermark. Why it matters: Google says pairing Gemini with Genie 4 lets it model complex, multi-step events and test how AI systems navigate different environments before bringing them to the real world, including training environments for #Robots and agents. "The most dramatic leap is how Genie 4 simulates people, creating characters that move naturally, respond organically to their environments, and can be interactively steered in real-time," Raia Hadsell, Diego Rivas and Hang Qi wrote in Google DeepMind's announcement. Sources: Google DeepMind, "Genie 4: A new generation of world simulation," Oct. 27, 2026; Google, The Keyword blog, Oct. 27, 2026; The Verge, Oct. 27, 2026; Google DeepMind, Genie 3 announcement, Aug. 5, 2025. Image: Google DeepMind blog, Oct. 27, 2026.