The company reported $0.72 non-GAAP EPS, exceeding expectations, while revenue of $210.5M missed estimates by $2.9M.
H2O posted second-quarter non-GAAP earnings per share of $0.72, surpassing estimates by $0.02. Revenue reached $210.5 million, a 6.2% year-over-year increase, but fell short of expectations by $2.9 million.
For the six months ended June 30, 2026, GAAP net income rose 11% to $45.6 million. The earnings beat contrasts with the revenue miss, highlighting mixed performance in the quarter.
No immediate market reaction was disclosed in the release.