Q2 2026 revenue fell 20% year-over-year to $291.9 million, with gross margin rising to 60.0% due to $45.4 million in tariff refunds. Net income was $36.1 million, and the company extended its $1.0 billion share repurchase program. Demand softness and regulatory uncertainty continue to impact results.

Original document:

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.