Third Quarter 2025 Performance - Non-GAAP revenue grew by 8% on a constant currency basis, reaching $371 million[5] - Non-GAAP operating profit increased by 29% year-over-year to $101 million[5] - Non-GAAP earnings per share grew by 38% year-over-year to $1.32[5] Business Highlights - The incremental value of new contracts was $124 million[5] - Unrecognized contract revenue was $1,714 million[5] - The amount of unrecognized contract revenue expected to be recognized within the next 12 months increased 17% from Q3 2024, reaching $507 million[5] Full Year 2025 Guidance (Non-GAAP) - Revenue is projected to be between $1,510 million and $1,530 million, representing 85% to 100% growth on a constant currency basis[5] - Operating profit is expected to be between $412 million and $424 million[5] - Earnings per share are projected to be between $540 and $555[5] Impact of Tariffs - Updated 2025 guidance incorporates an increase of $16 million to $17 million to cost of sales for fiscal 2025, representing a 110 basis point impact to margin and a 22 cent to 24 cent impact to EPS[30]

Second Quarter 2025 Performance - Non-GAAP revenue reached $370 million, a 7% increase on a constant currency basis[5] - Operating profit was $102 million, a 38% increase compared to the prior year[5] - Operating margin improved to 27.5%, a 600 basis points increase year-over-year[5] - Earnings per share grew to $1.33, a 46% increase compared to the prior year[5] Pro Forma Results (Excluding New Tariffs) - Operating profit was $104 million, a 41% increase versus prior year[5] - Operating margin was 28.0%, a 650 basis points improvement versus prior year[5] - Earnings per share was $1.36, a 49% increase versus prior year[5] Business Highlights - Consumable and Service revenue reached $338 million, an 8% increase on a constant currency basis[5] - Capital and Other revenue was $32 million, a 2% decrease on a constant currency basis[5] - The company shipped 63,100 technology boards and instruments[5] Full Year 2025 Guidance (Including New Tariffs) - Revenue is projected to be between $1,505 million and $1,535 million, an 8% to 11% increase on a constant currency basis[5] - Operating profit is expected to be between $406 million and $422 million, a 23% to 28% increase versus prior year[5] - Earnings per share is projected to be between $5.20 and $5.45, a 24% to 30% increase versus prior year[5]