Profitability:
FY26 GAAP net income turned positive and adjusted EBITDA margins increased, indicating stronger earnings power. Q4 margin performance near the year-end further underscores improved operating leverage.
Healthy Cash Flow:
The company generated positive free cash flow for FY26 alongside rising adjusted EBITDA. This supports flexibility to invest and pursue shareholder returns.
Investor Backing & Capital Strength:
A completed modified Dutch auction tender offer of up to $140M reduced share count. This action signals capacity to return capital and support per‑share metrics.
