Tech & Software · Week of Nov 2, 2026
Q3 earnings put AI data centres in focus: the week in tech releases
Eight companies reported third quarter 2026 results, with AI data centre spending, telecom networks and shareholder returns as recurring themes.
Third quarter 2026 earnings filled the week, and several reports pointed to AI data centre demand. Hut 8 says a second 352 MW IT lease at Beacon Point brings expected base-term contract value across its AI data center portfolio to about $26.6 billion. Applied Optoelectronics posted $155.6 million in datacenter revenue and cited a multi-year agreement with a Tier 1 hyperscale customer. BCE says higher spending on Bell AI Fabric data centres and Ziply Fiber's network raised capital expenditures 49.3% and reduced free cash flow.
Network and telecom operators were the other large group. Chunghwa Telecom reported revenue up 16.7% and says results beat the high end of its guidance. Ceragon updated its 2026 revenue outlook to $365 million to $375 million. Tucows narrowed its net loss as Ting revenue grew. Capital returns also featured: BCE and CLEAR declared dividends, and Hut 8 and CLEAR expanded share repurchase authorizations.
BCE Inc.
BCE reports third quarter 2026 results
BCE reported Q3 2026 operating revenues of $6,182 million, up 2.2%, and net earnings of $701 million, down 84.6%, which it attributes mainly to lower investment gains after the 2025 sale of its MLSE stake. The company confirmed its 2026 guidance and declared a $0.4375 quarterly dividend, while capital expenditures rose 49.3% to $1,330 million on Bell AI Fabric data centres and Ziply Fiber's fibre network.
Wayfair Inc.
Wayfair Announces Third Quarter 2026 Results, Reports Double Digit U.S. Revenue Growth
Wayfair reported Q3 2026 total net revenue of $3.4 billion, up 9.7%, and net income of $62 million, compared with a net loss of $99 million a year earlier. The company says U.S. revenue rose 11.4% against what it describes as a roughly flat category, while international net revenue fell 2.3% and the International segment posted negative Adjusted EBITDA of $25 million.
Hut 8 Corp.
Hut 8 Reports Third Quarter 2026 Results
Hut 8 reported Q3 2026 revenue of $71.1 million and net income of $189.5 million, including $413.8 million of primarily unrealized gains on digital assets. The company says a second 352 MW Beacon Point lease represents about $9.8 billion in expected base-term contract value, and it closed a $1.07 billion revolving credit facility and raised its repurchase authorization to $1.0 billion.
CLEAR
CLEAR Announces Third Quarter 2026 Financial Results
Clear Secure reported Q3 2026 revenue of $292.9 million, up 27.8%, and net income of $75.3 million, with Total CLEAR Members reaching 46.7 million. Quarterly Free Cash Flow was $(103.8) million, which the company says reflects an approximately $315 million settlement of accrued partnership liabilities, and it raised full-year Free Cash Flow guidance and added $175.0 million to its share repurchase authorization.
Applied Optoelectronics, Inc.
Applied Optoelectronics Reports Third Quarter 2026 Results
Applied Optoelectronics reported Q3 2026 revenue of $269.9 million, up from $118.6 million a year earlier, and GAAP net income of $6.3 million, marking a return to GAAP profitability. It guided Q4 2026 revenue to $385 million to $420 million, and says its 2027 US capacity expansion plan will take longer than expected.
Ceragon Networks Ltd.
Ceragon Reports 2026 Third Quarter Financial Results
Ceragon Networks reported Q3 2026 revenue of $95.5 million, up 11.7%, and GAAP net income of $2.4 million, with gross margin rising to 36.0%. The company updated its 2026 revenue outlook to $365 million to $375 million and says demand in India, which made up 35% of revenue, remained healthy despite significant supply constraints.
Chunghwa Telecom Co., Ltd.
Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the Third Quarter of 2026
Chunghwa Telecom reported un-audited Q3 2026 revenue of NT$ 67.59 billion, up 16.7%, and net income attributable to stockholders of the parent of NT$ 12.22 billion, up 29.5%. The company says results exceeded the high end of its guidance, helped by a one-off gain from asset revitalization, with enterprise ICT revenue up 19% and IPLC revenue up 33%.
Tucows Inc.
Tucows Reports Third Quarter Results In Line with Expectations with Progress on Balance Sheet Obligations
Tucows reported Q3 2026 net revenue of $100.0 million, up 1.4%, and a net loss of $10.3 million, compared with $23.0 million a year earlier. Adjusted EBITDA rose 39.8% to $18.6 million, which the company says was driven mainly by a non-recurring re-rate from a renegotiated mobile contract, while cash fell to $41.0 million from $60.2 million at the end of Q2.
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 CodeMiles reporting.