Shares of TTAN Jump on Strong Q3 Earnings Beat & Top-Line Growth
ServiceTitan TTAN shares have jumped 13% in the past couple of days, post third-quarter fiscal 2026 results reported on Thursday (Dec. 4). The company reported earnings of 24 cents per share, which surpassed the Zacks Consensus Estimate by 60%. It had reported a loss of 45 cents in the year-ago quarter.Revenues were $249.2 million, which rose 25% year over year and beat the consensus mark by 4.5%. The upside can be attributed to steady execution with both new and existing customers and strength in usage revenues. The company registered gross transaction volume of $21.7 billion, up 22% year-over-year. Net dollar retention was more than 110%.ServiceTitan’s Operating HighlightsAdjusted gross profit in the reported quarter was 74.3%, which expanded 390 bps year over year. Platform gross margin expanded 310 bps year over year to 80.2%. ServiceTitan Inc. Price, Consensus and EPS Surprise ServiceTitan Inc. price-consensus-eps-surprise-chart | ServiceTitan Inc. Quote Total operating expenses of $163.6 million increased 17.9% year over year due to elevated research and development (up 17.8% year over year), sales and marketing (up 16.6% year over year) and general and administrative expenses (up 20.5% year over year).Non-GAAP operating income was $21.5 million compared with $1.6 million in the year-ago quarter.ServiceTitan’s Balance Sheet Remains StrongAs of Oct. 31, 2025, ServiceTitan had cash, cash equivalents and restricted cash of $493.2 million.Free cash flow was $37.7 million compared with $10.6 million in the year-ago quarter.ServiceTitan Offers Q4 and Fiscal 2026 GuidanceFor the fourth quarter of fiscal 2026, ServiceTitan expects total revenues in the $244 million to $246 million range.The company expects the operating income to be in the range of $16 million to $17 million.For fiscal 2026, revenues are expected to be between $951 million and $953 million.The company expects the operating income to be in the $83 million to $84 million range.Zacks Rank & Stocks to ConsiderCurrently, ServiceTitan carries a Zacks Rank #3 (Hold).Advanced Energy Industries AEIS, Digital Turbine APPS and Amphenol APH are some top-ranked stocks that investors can consider in the broader Zacks Computer & Technology sector. Each of the three sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.Advanced Energy Industries shares have returned 90.3% in a year. The Zacks Consensus Estimate for Advanced Energy Industries' 2025 earnings is pegged at $6.23 per share, up 9.7% over the past 30 days, implying growth of 68% from the year-ago quarter’s reported figure.Digital Turbine shares have jumped 248.3% in a year. The Zacks Consensus Estimate for APPS’ fiscal 2026 earnings is pegged at 33 cents per share, unchanged over the past 30 days, suggesting a 5.7% decline from fiscal 2025.Amphenol shares have appreciated 92.9% in a year. The Zacks Consensus Estimate for Amphenol’s 2025 earnings has increased 2.2% to $3.29 per share in the past 30 days, indicating year-over-year growth of 74.1%.Radical New Technology Could Hand Investors Huge GainsQuantum Computing is the next technological revolution, and it could be even more advanced than AI.While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.See Top Quantum Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amphenol Corporation (APH): Free Stock Analysis Report Advanced Energy Industries, Inc. (AEIS): Free Stock Analysis Report Digital Turbine, Inc. (APPS): Free Stock Analysis Report ServiceTitan Inc. (TTAN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks
Quelle: Zacks