CLS

Viasat, Inc. VSAT reported relatively lackluster fourth-quarter fiscal 2026 results, with both top and bottom lines missing the Zacks Consensus Estimate.The company’s year-over-year revenue growth was driven by higher demand for satellite broadband and communication services, expanding government and defense contracts, and continued investments in advanced satellite and direct-to-device connectivity solutions. However, higher operating costs and ongoing investments in satellite infrastructure hurt its bottom line. Viasat reported a net income of $58.8 million, or 41 cents per share, against a net loss of $246.1 million, or a loss of $1.89 per share, in the prior-year quarter. The growth was primarily due to lower selling, general and administrative expenses and higher other income during the quarter.Excluding non-recurring items, Viasat reported a non-GAAP net loss of $3.2 million, or a loss of 2 cents per share, compared to a net loss of $3 million, or a loss of 2 cents per share, in the prior-year period. The bottom line missed the Zacks Consensus Estimate by 27 cents.For 2026, the company reported a net loss of $34.1 million or a loss of 25 cents per share compared with a net loss of $575 million or a loss of $4.48 per share in 2025. Non-GAAP net income for 2026 was $143.3 million or $1.03 per share compared with $21.1 million or 16 cents per share in 2025. Viasat Inc. price-consensus-eps-surprise-chart | Viasat Inc. Quote Revenues rose to $1.17 billion, up from $1.15 billion. The figure missed the consensus estimate of $1.2 billion. Product revenues were $367.6 million, up from $349.7 million in the year-ago quarter. Net sales from Service increased to $803.7 million from $797.4 million a year ago. For 2026, revenues increased to $4.64 billion from $4.52 billion in 2025.Revenues from the Communication Services segment were $810.3 million, down from $825 million in the prior-year quarter. The segment’s adjusted EBITDA decreased to $287.3 million from $306.2 million.Revenues from the Defense and Advanced Technologies (DAT) segment were $361 million, up 12% year over year. The growth is primarily driven by strong demand for encryption devices, next-generation cybersecurity and defense programs, and large antenna production for space-based Earth Observation and intelligence, Surveillance, and Reconnaissance missions. Adjusted EBITDA increased to $82.5 millio...

Okta OKTA posted first-quarter fiscal 2027 earnings of 91 cents per share, up 5.8% year over year, and surpassed the Zacks Consensus Estimate by 6.75%. Revenues rose 11.2% from the year-ago quarter to $765 million, beating the Zacks Consensus Estimate by 1.82%. The uptick can be attributed to steady subscription momentum, which increased 11% year over year to $750 million, continuing to account for the vast majority of the top line. Professional services and other revenues were $15 million, unchanged from the year-ago quarter, underscoring how product-led growth is driving the quarter’s revenue cadence. Location-wise, revenues from the United States contributed 83% to total revenues in the fiscal first quarter. The figure increased 11.15% year over year to $608 million. International revenues contributed 21.6% to total revenues. The figure increased 11.35% year over year to $157 million.Okta stock gained 8.19% in the pre-market trading. Okta, Inc. price-consensus-eps-surprise-chart | Okta, Inc. Quote Okta ended the quarter with remaining performance obligations (RPO) of $4.719 billion, up 16% year over year, highlighting continued strength in contracted subscription backlog. Current RPO, which captures the portion expected to be recognized over the next 12 months, rose 12% year over year to $2.499 billion. Customers with more than $100K in Annual Contract Value increased 6% year over year to 5,180. The dollar-based retention rate for the trailing 12 months was 107%, down 1% year over year. First-quarter fiscal 2026 non-GAAP gross margin decreased 30 basis points (bps) on a year-over-year basis to 82%.As a percentage of revenues, research and development expenses increased 40 bps year over year to 15.9%. General and administrative expenses decreased 170 bps year over year to 9%. Sales and marketing expenses increased 290 bps year over year to 31.6%.Non-GAAP operating margin contracted 180 bps year over year to 25% in the reported quarter. Okta had $2.589 billion in cash, cash equivalents and short-term investments as of April 30, 2026.Net cash provided by operating activities was $277 million, or 36% of revenue, while free cash flow was $271 million, or 35% of revenue.In the first quarter of fiscal 2027, the company also returned capital to shareholders during the quarter, including $248 million of common stock repurchases. For the second quarter of fiscal 20...

Elastic N.V. ESTC reported fourth-quarter fiscal 2026 non-GAAP earnings of 61 cents per share, which beat the Zacks Consensus Estimate by 8.9%. The figure increased 29.8% year over year. Elastic’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 19%. Revenues of $451 million beat the Zacks Consensus Estimate by 1%. The figure rose 16% year over year on a reported basis and 14% on a constant-currency (cc) basis. Customers with ACV above $100,000 ended the quarter at more than 1,720, underscoring continued enterprise traction. Elastic N.V. price-consensus-eps-surprise-chart | Elastic N.V. Quote Subscription revenues remained the company's core barometer of health, totaling $422.4 million, up 16.8% year over year and representing 94% of total revenues. Within that, sales-led subscription revenues (subscription revenues excluding Monthly Elastic Cloud) rose 19% year over year to $374.7 million, reflecting strength in larger, sales-driven engagements. Cloud continued to expand as a meaningful contributor. Annual Elastic Cloud revenues were $169.6 million, up 26% year over year. Monthly Elastic Cloud revenues were $47.8 million, up 3% year over year, keeping total Elastic Cloud at $217.4 million, or 48% of total revenues. Professional services revenues were $28.2 million, up 6% year over year and representing 6.3% of total revenues. Non-GAAP gross margin was 77.5% (up roughly 50 bps year over year) and non-GAAP operating margin was 14.8% (down approximately 50 bps). Current remaining performance obligations were $1.203 billion, up 20% year over year, while total remaining performance obligations reached $1.982 billion, up 28% year over year. Cash, cash equivalents and marketable securities totaled $1.37 billion as of April 30, 2026, against total debt of $570.9 million. Operating cash flow was $152.7 million, and adjusted free cash flow was $149.8 million, implying a 33% adjusted free cash flow margin for the quarter. In the fourth quarter of fiscal 2026, Elastic repurchased about 0.7 million shares at an average price of $61.28 for roughly $40 million. In fiscal 2026, the company repurchased about 4.4 million shares at an average price of $76.91, representing approximately $340 million in aggregate repurchases under its $500 million authorization. For the first quarter of fiscal 2027, Elastic expect...

Marvell Technology MRVL came out with first-quarter fiscal 2027 earnings of 80 cents per share, in line with the Zacks Consensus Estimate. The company reported earnings of 62 cents per share a year ago. The bottom line increased 29% year over year. Marvell Technology’s earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters, while missing the same on two occasions, with an average surprise of 0.4%. MRVL’s first-quarter fiscal 2027 revenues of $2.42 billion surpassed the Zacks Consensus Estimate by 0.59%. MRVL reported revenues of $1.90 billion in the year-ago quarter. The top-line record was built on demand in both reported end markets. Data center revenues increased 27% year over year and 11% sequentially to $1.83 billion. Communications and other revenues were $585 million, up 29% year over year and 3% sequentially. Marvell Technology, Inc. price-consensus-eps-surprise-chart | Marvell Technology, Inc. Quote Management pointed to “exceptional AI-related bookings” across its data center lineup and guided for continued sequential acceleration as fiscal 2027 progresses. The message was that AI buildout is pulling through multiple product families, including optical interconnect, custom silicon and switching. Marvell Technology emphasized strength in 800G PAM4 products, a quick ramp of 1.6T solutions and expanding traction in Ethernet switching as networking becomes more critical in larger AI clusters. The company also said the shift toward larger, multi-site AI systems is increasing the importance of data center interconnect modules. Strategically, MRVL highlighted an expanded partnership with NVIDIA across optics, NVLink Fusion integration and AI-RAN, intended to connect its custom silicon and optical networking capabilities into the NVIDIA ecosystem. Management said it has a line of sight to a $1 billion annualized DCI module revenue run rate during fiscal 2028. MRVL reported non-GAAP gross margin of 58.9%. Non-GAAP operating margin was 35.0%, supported by $846.9 million of non-GAAP operating income. MRVL’s non-GAAP operating expenses were $576.9 million as the company continued investing in AI growth priorities. Operating cash flow was a record $638.8 million in the quarter. Cash and cash equivalents ended the period at $3.84 billion compared with $2.64 billion posted on Jan. 31, 2026. MRVL’s total debt stood at $4.96 billion. M...

Snowflake SNOW reported first-quarter fiscal 2027 non-GAAP earnings of 39 cents per share, which beat the Zacks Consensus Estimate by 21.88%. The company reported earnings of 24 cents per share in the year-ago quarter.Revenues were $1.39 billion, up 33% year over year and beat the Zacks Consensus Estimate by 5.23%.Snowflake shares have surged 34.88% in pre-market trading. SNOW’s fiscal first quarter was driven by consumption across its core platform, with product revenue representing the majority of results. Product revenues totaled $1.33 billion, which accounted for 96% of total revenues. Professional Services and other revenues were $56.6 million, which contributed 4% of total revenues, representing a 25.1% year-over-year increase. Snowflake Inc. price-consensus-eps-surprise-chart | Snowflake Inc. Quote Geographically, results remained concentrated in the Americas, which represented 78% of revenue, with EMEA and APJ contributing 16% and 6%, respectively. The steady regional mix suggests Snowflake is scaling internationally without materially changing its revenue concentration. Snowflake framed the quarter as an inflection point in its AI roadmap, citing accelerating adoption of first-party AI products alongside core platform demand. Management pointed to strong sequential product revenue dollar growth and emphasized the role of offerings such as Cortex Code and Snowflake Intelligence in broadening usage across the installed base.The company also underscored ecosystem moves aimed at extending distribution and deepening enterprise relevance. It expanded collaboration with AWS through a new $6 billion multi-year agreement, highlighted ongoing work with OpenAI, and noted that capabilities from its SAP partnership reached general availability. Snowflake also signed a definitive agreement to acquire Natoma in May 2026 to strengthen secure connections for AI agents across tools and workflows. SNOW ended the quarter with 13,912 total customers and added 616 net new customers, including 13 new Forbes Global 2000 customers. Large-customer depth continued to improve, with 779 customers above the $1 million trailing product revenue threshold, representing 29% year-over-year growth in that cohort.Retention remained a key support for the consumption model. Net revenue retention rate was 126%, reflecting continued expansion from existing customers, even as usage patterns...

Synopsys SNPS reported non-GAAP earnings of $3.35 per share for the second quarter of fiscal 2026, which beat the Zacks Consensus Estimate by 5.7%. The bottom line decreased 8.7% on a year-over-year basis. Synopsys’ earnings beat the Zacks Consensus Estimate thrice and missed once in the trailing four quarters, with the average surprise being 0.9%. Synopsys’ fiscal second-quarter revenues jumped 41.9% year over year to $2.28 billion, beating the Zacks Consensus Estimate by 1.1%. The top line was primarily driven by an increase in revenues of Time-Based Product, Upfront Product and Maintenance and Service businesses. Synopsys, Inc. price-consensus-eps-surprise-chart | Synopsys, Inc. Quote In the license-type revenue group, Time-Based Product revenues of $945.6 million (representing 41.5% of total revenues) increased 14.2% year over year. Upfront Product revenues (24% of total) rose 7% to $546.3 million. Maintenance and Service revenues (34.5% of total) surged to $784.1 million, up sharply from the year-ago quarter’s $265.3 million. Segment-wise, Design Automation revenues, which include EDA, Ansys and Other, were $1.82 billion, representing 80% of total revenues and up 62.3% from the prior-year quarter. Design IP revenues were $454.2 million, representing 20% of total revenues and down from $482 million a year ago. With the addition of Ansys, the Simulation & Analysis group is now incorporated into the EDA segment, beginning the third quarter of fiscal 2025. Other revenues were $7 million, representing 0.3% of total revenues. Ansys contributed 28.7% of the total revenues. Geographically, Synopsys generated $998.5 million from North America (44% of total) and $378.1 million from Europe (17%). Revenues from Korea (12%), China (10%) and Other regions (17%) were $265.4 million, $240.4 million and $393.6 million, respectively. The non-GAAP operating margin for the quarter was 39.5%, which expanded 150 basis points from the year-ago period. Within segments, Design Automation’s adjusted operating margin improved to 43.3%, up from 40.9% a year earlier, while the Design IP segment’s adjusted margin contracted to 24.4%, down from 31.2% last year. Synopsys ended the second quarter of fiscal 2026 with $2.48 billion in cash, cash equivalents and short-term investments, up from $2.20 billion in the prior quarter. Total long-term debt was $10.01 billion. During the second q...

HP Inc. HPQ reported second-quarter fiscal 2026 earnings of 86 cents per share, which beat the Zacks Consensus Estimate by 19.4%. The company reported earnings of 71 cents per share a year ago. These figures are adjusted for non-recurring items. HP’s earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters, while matching the same on one occasion and missing once, the average surprise being 8.6%. HPQ posted revenues of $14.4 billion for the first quarter of fiscal 2026, which increased 9% year over year and surpassed the Zacks Consensus Estimate by 3.5%.This compares with $13.2 billion of revenues reported in the year-ago quarter. HP Inc. price-consensus-eps-surprise-chart | HP Inc. Quote Personal Systems (PS) revenues (71% of net revenues) came in at $10.2 billion, up 13% year over year (10% in constant currency). HP’s total PC units declined 7%, with Consumer PS shipments and Commercial PS shipments down 8% and 7%, respectively. On the revenue side, Consumer PS grew 10%, while Commercial PS rose 14%. The Printing business (29% of net revenues) generated $4.2 billion, flat year over year (down 2% in constant currency). Consumer Printing revenues fell 10%, Commercial Printing revenues remained flat, and Supplies revenues increased 1% (remained flat in CC). Total hardware units were down 7%, with both Consumer and Commercial units declining 8% and 4%, respectively. By geography, HP posted revenue growth in all regions. On a constant currency basis, the Americas rose 0.2%, EMEA was up 6.1%, and Asia Pacific & Japan grew 17.9% year over year. HPQ posted a non-GAAP operating margin of 7.5%, up 20 basis points year over year. HP ended the fiscal second quarter with $3.7 billion in cash, cash equivalents and restricted cash, up from the previous quarter’s $3.15 billion. During the quarter, HP generated $926 million of cash from operating activities and delivered $780 billion in free cash flow. During the quarter, the company returned $374 million to shareholders through dividends and share repurchases. For fiscal 2026, HPQ expects its non-GAAP earnings to be in the range of $2.90-$3.10 per share compared with the prior range of $2.90 to $3.20. The Zacks Consensus Estimate for HPQ’s fiscal 2026 earnings is pegged at $2.85, indicating a year-over-year decline of 8.7%. The Zacks Consensus Estimate for HPQ’s fiscal 2026 revenues is pegged...

Semtech Corporation SMTC shares gained 8.5% during Tuesday’s extended trading session after the company reported better-than-expected first-quarter fiscal 2027 results. Semtech posted non-GAAP earnings of 51 cents per share, which beat the Zacks Consensus Estimate by 13.3%. The bottom line exceeded the management’s guidance of 45 cents (+/- 3 cents) and reflected a robust year-over-year improvement of approximately 34.2%. Semtech beat on earnings in each of the trailing four quarters, the average surprise being 6.8%. SMTC’s first-quarter fiscal 2027 revenues of $291 million topped the Zacks Consensus Estimate by 2.7% and came above management’s guidance of $283 million (+/- $5 million). The top line jumped 16% year over year, with solid growth across all of its end markets, particularly in data centers. Semtech Corporation price-consensus-eps-surprise-chart | Semtech Corporation Quote The company’s top-line performance can be attributed to the impressive year-over-year rise in its end markets. Sales from the infrastructure market totaled $98.8 million (33.9% of net sales), exhibiting year-over-year growth of 36%, supported by the expanding data center business. A key highlight was record data center net sales of $71.6 million, rising 39% year over year, reflecting continued strength in high-speed interconnect solutions. Sales from the industrial market amounted to $153.9 million (52.9% of net sales), up 8% year over year. Sales from the high-end consumer market totaled $38.4 million (13.2% of net sales), up 8% year over year, as the company cited resilience and continued design win momentum. LoRa-enabled net sales were $44.5 million, up 12% sequentially and 14% year over year, reflecting broader adoption across smart utilities, smart buildings, smart cities and asset management. The company is positioning its fourth-generation LoRa platform to expand use cases by combining dual-band capability with higher data throughput, while maintaining the low-power attributes that underpin long-battery-life deployments. Signal Integrity (35.1% of net sales) sales totaled $102 million, up 38.8% year over year. Analog Mixed Signal & Wireless (34.6% of net sales) sales amounted to $100.8 million, which rose 11.3% year over year. IoT System and Connectivity (30.3% of net sales) sales totaled $88.3 million, up 1.6% on a year-over-year basis. The non-GAAP gross margin of 53%...

It has been about a month since the last earnings report for Celestica (CLS). Shares have added about 2.6% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Celestica due for a pullback? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent catalysts for Celestica, Inc. before we dive into how investors and analysts have reacted as of late. Celestica Surpasses Q1 Earnings Estimates on Solid CCS DemandCelestica's first-quarter 2026 adjusted earnings were $2.16 per share, which surged 80% year over year, and topped the Zacks Consensus Estimate by 3.9%. Revenues climbed 52.8% to $4.047 billion and outpaced the consensus mark by 0.8%.Momentum in Connectivity & Cloud Solutions (CCS) remained the key catalyst. CCS segment revenue rose 76% year over year to $3.24 billion, reflecting accelerating demand from the company’s data center-focused customer base.CLS Profitability Improves as Operating Leverage BuildsGAAP net earnings were $212.3 million or $1.83 per share compared with $86.2 million or 74 cents per share in the year-ago quarter, reflecting the benefit of significantly higher scale. Operating performance also strengthened. GAAP earnings from operations were $272.1 million, with operating margin improving to 6.7% from 4.9% in the prior-year quarter as profitability expanded alongside the top-line ramp.Celestica Margins Expand on Better MixAdjusted operating earnings increased to $325.2 million, taking the adjusted operating margin to 8% from 7.1% in the year-ago quarter. The margin expansion underscores management’s point on improving profitability across both operating segments.Higher spending accompanied the growth cycle. Research and development expense rose to $41.2 million from $17.6 million a year ago, aligning with Celestica’s push to deepen its engineering and platform capabilities to support advanced data center programs.CLS Hardware Platform Solutions Accelerate in CCSWithin CCS, segment margin improved to 8.6% from 8% in the first quarter of 2025, supported by favorable operating leverage and improved mix. Management noted continued acceleration across its CCS customer base alongside increasing profitability in the segment.Hardware Platform Solutions revenue was approxim...

Keysight Technologies, Inc. KEYS reported strong results for the second quarter of fiscal 2026, with adjusted earnings and revenues exceeding the Zacks Consensus Estimate. The company benefited from robust demand across AI data center, semiconductor, wireless and defense markets, driving record quarterly orders and revenues.Non-GAAP earnings were $2.87 per share, up 69% year over year and ahead of the Zacks Consensus Estimate of $2.33 by 23.18%. Revenues increased 31% year over year to a record $1.72 billion and surpassed the consensus estimate of $1.64 billion by 4.7%. Total orders reached an all-time high of $2.05 billion, reflecting accelerating customer demand. Keysight Technologies Inc. price-consensus-eps-surprise-chart | Keysight Technologies Inc. Quote The Communications Solutions Group remained the largest contributor to overall performance. Segment revenues rose 35% year over year to $1.231 billion.Commercial Communications revenues climbed 40% to $858 million, benefiting from AI-driven networking investments and strong demand for wireline and wireless testing solutions. Aerospace, Defense and Government revenues increased 24% to $373 million, supported by radar, electronic warfare, satellite and autonomous systems programs across the Americas and Europe.The segment generated an operating margin of 33.4%, expanding 750 basis points from the prior-year quarter as higher volume and operating leverage boosted profitability. The Electronic Industrial Solutions Group reported revenues of $486 million, up 24% year over year. Growth reflected strength across semiconductor, automotive and general electronics markets.Demand for wafer and lithography solutions accelerated as customers increased investments in advanced chip architectures and production ramps. Automotive and energy markets also contributed, supported by software-defined vehicle initiatives, cybersecurity applications and EV charging infrastructure projects.Segment operating margin expanded 970 basis points year over year to 33.1%, reflecting improved scale and a favorable business mix. Keysight generated revenues of $1.717 billion compared with $1.306 billion in the year-ago quarter. Growth was supported by broad-based strength across communications, semiconductor, aerospace and industrial end markets.Orders surged 56% year over year to a record $2.051 billion, marking the strongest quarterly...

Workday, Inc. WDAY reported strong first-quarter fiscal 2027 results, with both bottom and top lines beating the Zacks Consensus Estimate.The company reported 13.5% year-over-year revenue growth, driven by steady demand for its cloud-based human capital management and financial software solutions. Solid subscription demand, higher enterprise spending on digital transformation, strong international momentum, and growing adoption of artificial intelligence (AI) offerings also supported the top-line growth. Net income, on a GAAP basis, was $222 million or 87 cents per share compared with $68 million or 25 cents per share in the year-ago quarter. Healthy top-line growth boosted GAAP earnings during the quarter.Non-GAAP net income in the reported quarter was $676 million or $2.66 per share compared with $602 million or $2.23 per share in the prior-year quarter. The bottom line surpassed the Zacks Consensus Estimate by 17 cents. Workday, Inc. price-consensus-eps-surprise-chart | Workday, Inc. Quote Net sales during the quarter were $2.54 billion, up from $2.24 billion in the year-ago quarter, backed by 14.3% growth in the Subscription services revenues. The top line beat the Zacks Consensus Estimate of $2.52 billion.Subscription services revenues contributed $2.35 billion, up from $2.06 billion in the year-ago quarter, driven by continued customer expansion, growing adoption of AI solutions and new customer additions. Revenues from Professional services were $188 million compared with $181 million in the prior-year quarter. At the end of the first quarter of fiscal 2027, the 12-month subscription revenue backlog was $8.81 billion, up 15.5%. The total subscription revenue backlog was $27.29 billion, up 10.9% year over year. During the quarter, the company’s total costs and expenses were $2.2 billion, up 0.14% compared with the year-ago quarter. Operating income during the quarter was $338 million compared with $39 million in the year-ago quarter, with respective margins of 13.3% and 1.8%. Non-GAAP operating income was $809 million, up from $677 million a year ago, with respective margins of 31.8% and 30.2%. In the first quarter of fiscal 2027, the company generated $696 million of cash from operating activities compared with $457 million in the prior-year quarter. As of April 30, 2026, it had cash and cash equivalents and marketable securities of $4.35 billion, wit...

Analog Devices ADI reported second-quarter fiscal 2026 non-GAAP earnings of $3.09 per share, which beat the Zacks Consensus Estimate by 6.9%. The company reported earnings of $1.85 per share in the year-ago period. Analog Devices’ earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 5.5%. Analog Devices’ second-quarter fiscal 2026 revenues of $3.62 billion surpassed the Zacks Consensus Estimate of $3.51 billion. The top line increased 37% from the year-ago quarter’s revenues of $2.64 billion. Analog Devices, Inc. price-consensus-eps-surprise-chart | Analog Devices, Inc. Quote Industrial: Revenues from this segment were $1.80 billion, representing 50% of total revenues and reflecting 56% year-over-year growth. Automotive: Revenues reached $871.6 million (or 24% of total revenue), up 2% year over year. Communications: Revenues came in at $554.7 million, accounting for 15% of total revenues and rising 79% year over year. Consumer: The segment generated $397.8 million (or 11% of revenues), marking a 23% increase compared with the same quarter last year. The adjusted gross margin expanded 360 basis points to 73%, while the adjusted operating margin was 49%, up 780 basis points year over year. As of May 2, 2026, cash and cash equivalents were approximately $2.44 billion, down from $2.91 billion as of Jan. 31, 2026. The company also held $1 billion in short-term investments during the second quarter. Long-term debt was $7.235 billion compared with $7.24 billion at the end of the previous quarter. Analog Devices generated $872 million in operating cash flow and $734 million in free cash flow during the second quarter of fiscal 2026. In the fiscal second quarter, the company returned $1.31 billion to shareholders, comprising $536 million in dividends and $773 million in share repurchases. For the third quarter of fiscal 2026, management expects revenues to be $3.9 billion (+/- $100 million). The Zacks Consensus Estimate for the same is pegged at $3.61 billion, indicating year-over-year growth of 20.7%. The company projects a reported operating margin of approximately 39% (+/-150 bps) and an adjusted operating margin of about 49% (+/-100 bps). Reported earnings are anticipated to be $2.60 (+/-$0.15) per share, while adjusted earnings are expected to be $3.30 (+/-$0.15) per share. The consensus mark for the same...