Tech & Software · Week of Nov 2, 2026
Earnings, buybacks and acquisitions: the week in tech releases
Third-quarter earnings dominated the week, with several companies raising guidance, expanding buybacks or closing acquisitions alongside results.
Eight companies reported quarterly results this week, most covering the period ended September 30, 2026. Waters Corporation and CLEAR raised parts of their full-year 2026 guidance, Kyndryl reaffirmed its fiscal 2027 outlook and ECARX reiterated its 2026 revenue guidance. Shareholder returns featured prominently: Hut 8 raised its repurchase authorization to $1.0 billion, and CLEAR added $175.0 million to its buyback and declared a dividend.
Acquisitions and AI infrastructure were recurring threads. Waters announced it has acquired MOBILion Systems, ECARX completed its purchase of the Flyme software business, and Hut 8 agreed to acquire two West Texas sites while signing a second Beacon Point lease for its AI data center portfolio. Kyndryl said hyperscaler-related revenues grew 27.2%, while ECARX and TEN Holdings reported narrower margins, with ECARX attributing its decline mainly to rising memory costs.
Waters Corporation
Waters Corporation (NYSE: WAT) Reports Third Quarter 2026 Financial Results
Waters reported third quarter 2026 revenue of $1.767 billion, including $896 million from the acquired Biosciences and Diagnostic Solutions businesses, and adjusted EPS of $4.10, up 21%, and raised full-year guidance to $6.479 billion to $6.497 billion in revenue. The company also said it has acquired MOBILion Systems, a developer of SLIM high-resolution ion mobility separation technology, and planned to present a 2027 growth framework.
Wayfair Inc.
Wayfair Announces Third Quarter 2026 Results, Reports Double Digit U.S. Revenue Growth
Wayfair reported third-quarter net revenue of $3.4 billion, up 9.7%, with U.S. revenue up 11.4% to $3.0 billion and net income of $62 million compared with a $99 million loss a year earlier. The company attributes U.S. growth in what it describes as a roughly flat category to a 12% rise in orders, while international revenue fell 2.3% and that segment posted negative Adjusted EBITDA of $25 million.
Hut 8 Corp.
Hut 8 Reports Third Quarter 2026 Results
Hut 8 reported third-quarter revenue of $71.1 million and net income of $189.5 million, which included $413.8 million of primarily unrealized gains on digital assets. The company signed a second 352 MW IT lease at Beacon Point that it says brings expected base-term contract value across its AI data center portfolio to approximately $26.6 billion, closed a $1.07 billion revolving credit facility and raised its repurchase authorization to $1.0 billion.
CLEAR
CLEAR Announces Third Quarter 2026 Financial Results
Clear Secure reported third quarter 2026 revenue of $292.9 million, up 27.8%, and net income of $75.3 million, and raised its full-year Free Cash Flow guidance. The company says quarterly Free Cash Flow of $(103.8) million reflects an approximately $315 million settlement of accrued partnership liabilities; it reported 46.7 million total members and declared a $0.15 per share dividend payable December 24, 2026.
Kyndryl
KYNDRYL REPORTS SECOND QUARTER FISCAL 2027 RESULTS
Kyndryl reported fiscal second-quarter revenues of $3.7 billion, down 1.9% as reported, and net income of $59 million, with signings of $4.1 billion and hyperscaler-related revenues of more than $550 million, up 27.2%. The company recorded $38 million of workforce rebalancing charges it says should yield annualized savings of approximately $400 to $500 million in fiscal 2028, and reaffirmed its fiscal 2027 guidance.
ECARX Holdings Inc.
ECARX Announces Third Quarter 2026 Unaudited Financial Results
ECARX reported third-quarter revenue of US$240.8 million, up 10%, while gross margin fell to 7.0% from 21.9%, which the company attributes mainly to rising memory costs, and its net loss widened to US$48.6 million. Cash fell to US$53.7 million after a US$191.5 million payment for the Flyme software business, and the company signed a non-binding memorandum of understanding with Arm to co-develop AI compute platforms.
TEN Holdings, Inc.
TEN Holdings Reports Third Quarter 2026 Financial Results
TEN Holdings reported third-quarter revenue of $640,000, up 17.9%, and a net loss of $3,734,000, as SG&A rose on a $1.8 million write-off of capitalized service contracts and about $0.5 million in litigation-related legal expenses. Cash fell to $3.5 million, and the company appointed Ian M. Lawson as Interim Chief Financial Officer and filed a Form S-3 for a $100 million universal shelf.
Chunghwa Telecom Co., Ltd.
Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the Third Quarter of 2026
Chunghwa Telecom reported third-quarter revenue up 16.7% to NT$ 67.59 billion and net income attributable to stockholders of the parent up 29.5% to NT$ 12.22 billion, which it says exceeded the high end of its guidance, aided by a one-off gain from asset revitalization. The company says Enterprise ICT revenue rose 19% and IPLC revenue, mainly from submarine cable systems, rose 33%.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not PostHackers reporting.