{
  "report_rows": [
    {
      "kpi": "Revenue",
      "prediction": "BEAT",
      "answer": "pred ~$14.60B vs. cons $14.40B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Non-GAAP gross margin",
      "prediction": "MISS",
      "answer": "pred ~38.50% vs. cons 39.50%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "DCAI revenue",
      "prediction": "BEAT",
      "answer": "pred ~$5.70B vs. cons $5.60B",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Q3 revenue",
      "prediction": "LOWER",
      "answer": "guide ~$14.70B vs. cons $15.10B (Q3 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q3 non-GAAP gross margin",
      "prediction": "LOWER",
      "answer": "guide ~38.50% vs. cons 40.00% (Q3 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q3 non-GAAP EPS",
      "prediction": "LOWER",
      "answer": "guide ~$0.19 vs. cons $0.29 (Q3 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Full-year adjusted free cash flow",
      "prediction": "UNCHANGED",
      "answer": "guide ~$0.10B vs. cons $0.10B (FY 2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -8.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -12.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "A modest revenue/DCAI beat is likely outweighed by a gross-margin miss and lower Q3 revenue, margin, and EPS math; the implied H2 earnings reset should drive further downward revisions after the initial reaction.",
  "day5_confidence": "MEDIUM"
}