Technology

The revenue decline primarily reflects lower system revenue from reduced bookings. Gross margin dropped to 9.2 percent from 32.0 percent a year earlier, principally because fixedManufacturingcosts were spread over a much smaller revenue base. An increase in non-system revenue partly offset that effect, according …

Gross profit reached $192.5 million, compared with $120.5 million in the third quarter of 2025 and $147.6 million in the prior quarter.GAAPgross margin rose to 36.1 percent, an increase of 540 basis points from 30.7 percent a year earlier and 300 basis points from …

Subscription revenue grew 16 percent year over year, and management said that subscription growth accelerated during the quarter.

The shift toward cloud is the largest change in the revenue mix. Cloud revenue rose faster than total revenue, which means the company's cloud offering is taking a larger share of theBusinesseach period. That trend supports the company's positioning around a unified platform for …

The company's Smart Guardian Eye project began live AI video monitoring after the Hsinchu County government in Taiwan accepted the initial stage of Phase I. The release describes the system as providing live video monitoring and interpretive incident reporting, with the software team conducting …

AdjustedGross Profitwas $38.3 million, producing an adjusted grossMarginof 40 percent. Adjusted EBITDA rose to $17.7 million, equal to 18.5 percent of revenue, an increase of $1.5 million from $16.2 million a year earlier. Based on the reported growth rate, the implied prior-year adjusted EBITDA …

The company's guidance provided on August 6, 2026, had a midpoint of $1.604 billion for net sales. Actual net sales of $1.622 billion therefore exceeded that midpoint by about $18 million, and also exceeded the high end of the range the company had provided.