$FORM : HBM and Co-Packaged Optics Double beat plus a raise.Revenue came in at $258.2M against a $240M consensus, up 31.9% YoY, and EPS printed $0.82 against $0.61. Then they guided Q3 to $260M-$280M revenue and $0.77-$0.95 EPS, both well above street. That combination alone explains most of a 16-17% after-hours move, especially since the stock had closed down 5.4% in the regular session. What actually drove the quarter: HBM and Co-Packaged Optics. Both segments, Probe Cards and Systems, grew on it. Slessor's line was that over four quarters they've grown revenue 30%+, added 1,500bp of gross margin, and tripled EPS. The advanced packaging test bet is now showing up in the P&L, not just the roadmap. The part that matters for us: CPO got named as a demand driver in a test vendor's earnings release. That's the earnings-level confirmation the CPO test thesis was waiting for.