Overview
- The company posted $9.88 million in revenue versus a $11.59 million estimate, with a GAAP loss of $0.04 per share matching consensus.
- Second-half fiscal 2026 guidance was reinstated at $60 million to $80 million in bookings and $25 million to $30 million in revenue, supported by expanding AI/HPC efforts.
- Quarterly bookings totaled $6.2 million, reported backlog was $11.8 million, and effective backlog reached $18.3 million after subsequent orders.
- Cash, cash equivalents and restricted cash increased to $31.0 million, funding continued work in wafer-level and packaged-part burn-in platforms.
- Shares fell 7.75% after-hours on Thursday following the report, then gained 8.55% on Friday as the tech sector strengthened.