Tech & Software · Week of Nov 2, 2026
Earnings and buybacks lead the week in tech releases
Third-quarter earnings dominated the week, with several companies pairing results with share buybacks, dividends and AI data center deals.
Quarterly earnings made up the week's releases. Microchip Technology, VIAVI and Chunghwa Telecom reported strong year-over-year revenue growth, with Microchip's net sales up 42.2% to $1.622 billion and VIAVI's net revenue up 56.9% to $469.3 million. Wayfair returned to a net profit of $62 million on double-digit U.S. revenue growth, while Zillow Group posted a net loss of $158 million that included a $165 million class action settlement.
Capital returns were a common thread. VIAVI authorized a new $500 million repurchase program, Hut 8 raised its authorization to $1.0 billion, and Blue Owl Technology Finance Corp. bought back $55 million of stock and declared a fourth quarter base dividend. Microchip declared a 45.5-cent quarterly dividend. Hut 8 also expanded its AI data center business with a second Beacon Point lease, and at the small end of the market TEN Holdings reported a wider net loss and filed for a $100 million shelf.
Microchip Technology Inc
MICROCHIP TECHNOLOGY INC
Microchip Technology reported fiscal second quarter 2027 net sales of $1.622 billion, up 42.2% year over year, and guided December quarter net sales to $1.573 to $1.638 billion. It declared a 45.5-cent quarterly dividend and said director Victor Peng is stepping down, citing time commitments including serving as CEO of PsiQuantum.

Wayfair Inc.
Wayfair Announces Third Quarter 2026 Results, Reports Double Digit U.S. Revenue Growth
Wayfair reported third-quarter net revenue of $3.4 billion, up 9.7%, with U.S. revenue up 11.4% and net income of $62 million against a $99 million loss a year earlier. The company says U.S. growth came against a roughly flat category, while International net revenue fell 2.3% and the segment posted negative Adjusted EBITDA of $25 million.

Hut 8 Corp.
Hut 8 Reports Third Quarter 2026 Results
Hut 8 reported third-quarter revenue of $71.1 million and net income of $189.5 million, including $413.8 million of primarily unrealized gains on digital assets. It signed a second 352 MW Beacon Point lease that the company says brings expected base-term contract value across its AI data center portfolio to about $26.6 billion, and raised its repurchase authorization to $1.0 billion.

Zillow Group, Inc.
Zillow Group Reports Third-Quarter 2026 Financial Results
Zillow Group reported third-quarter revenue of $724 million, up 7%, with Rentals revenue up 26% and Mortgages revenue up 32%, and a net loss of $158 million that included a $165 million Zillow Offers securities class action settlement. The company attributes a 4% decline in Residential revenue to higher-than-expected mortgage rates that pressured housing transaction volume.
Blue Owl Technology Finance Corp.
Blue Owl Technology Finance Corp. Announces September 30, 2026 Financial Results
Blue Owl Technology Finance Corp. reported third-quarter GAAP net investment income of $0.29 per share and net asset value per share of $16.62, and declared a fourth quarter base dividend of $0.35 per share. Investments on non-accrual rose to 1.8% at cost and 1.1% at fair value, from 0.6% and 0.1% as of June 30, 2026.

VIAVI Financials
VIAVI Announces First Quarter Fiscal 2027 Results
VIAVI reported preliminary fiscal first quarter net revenue of $469.3 million, up 56.9%, and GAAP net income of $76.0 million against a loss a year earlier. Its Board authorized a new $500 million share repurchase program, and the company guided second-quarter net revenue to $505 million to $515 million.

TEN Holdings, Inc.
TEN Holdings Reports Third Quarter 2026 Financial Results
TEN Holdings reported third-quarter revenue of $640,000, up 17.9%, and a net loss of $3,734,000, widened by a $1.8 million write-off of capitalized service contracts and about $0.5 million in litigation-related legal expenses. Cash fell to $3.5 million from $5.8 million at June 30, and the company appointed Ian M. Lawson as Interim CFO and filed a $100 million universal shelf.
Chunghwa Telecom Co., Ltd.
Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the Third Quarter of 2026
Chunghwa Telecom reported un-audited third-quarter revenue up 16.7% to NT$ 67.59 billion and net income attributable to stockholders of the parent up 29.5% to NT$ 12.22 billion, which it says exceeded the high end of guidance. The company says a one-off gain from asset revitalization contributed to profit, and that Enterprise ICT revenue rose 19% and IPLC revenue rose 33%.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not Robot Hate reporting.