$FPS Q3 EARNINGS HIGHLIGHTS 🔹 Revenue: $379M (Est 338.9M) 🟢; +103% YoY 🔹 Bookings: $867M; +308% YoY 🔹 Book-to-Bill: 2.3x 🔹 Backlog: $1.98B; +157% YoY, +33% QoQ 🔹 Adjusted EBITDA: $85M; +96% YoY FY26 Guide: 🔹 Revenue: $1.35B-$1.39B (Consensus $1.30B) 🟢; +82% YoY at midpoint 🔹 Adjusted EBITDA: $310M-$320M; +86% YoY at midpoint 🔹 Adjusted Net Income: $197M-$207M; +128% YoY at midpoint Q4 Guide: 🔹 Revenue: $392M-$432M (Consensus $341.9M) 🟢 🔹 Adjusted EBITDA: $100M-$110M 🔹 Adjusted Net Income: $67M-$77M Financials: 🔹 Net Income: $24M; +190% YoY 🔹 Net Income Margin: 6.5% 🔹 Adjusted EBITDA Margin: 22.4% 🔹 Adjusted Net Income: $55M; +132% YoY 🔹 Operating Cash Flow: $29M 🔹 CapEx: $28M Commentary: 🔸 “Demand for our products continues to outpace our expectations.” 🔸 “Year-over-year growth in both revenues and orders was higher in the third quarter than in the second, despite growing off a larger base.” 🔸 “We are raising our guidance to reflect the accelerating demand we are seeing across our business, and we are fully booked against our fourth quarter plan.”