Bookings Outpace Revenue

The company's latest earnings report showed mixed results, but the stock surged by nearly 26% afterward. Notably, bookings for the quarter were $37.2 million, over 3.5 times higher than revenue. This points to larger revenues ahead, with the company expecting its second half FY2026 bookings to come in at the high end of its $60 million to $80 million range.