Everpure, Inc.P
▲ PositiveCapitalrelevance
Q2 EPS and revenue beat estimates, with strong product and subscription growth.
Impact on stocks 2
Information Technology
Everpure, Inc.Financials
ARMOUR Residential REIT IncARR
Mentioned
Everpure reported second-quarter fiscal 2027 non-GAAP EPS of $0.70, beating estimates by $0.12, and revenue of $1.2 billion, up 39.4% year-over-year and $100 million above expectations. Product revenue rose 54% to $687 million, while subscription services revenue grew 20% to $499 million. Subscription annual recurring revenue reached $2.1 billion, up 20%, and remaining performance obligations totaled $4.1 billion, up 44%. The company posted a GAAP operating loss of $63 million and non-GAAP operating income of $230 million, with free cash flow of $(238) million. Everpure ended the quarter with $1.0 billion in cash and returned approximately $69 million to stockholders through share repurchases.
Everpure, Inc.Q2 EPS and revenue beat estimates, with strong product and subscription growth.
ARMOUR Residential REIT Inc