{
  "report_rows": [
    {
      "kpi": "Revenue",
      "prediction": "BEAT",
      "answer": "pred ~$437.5M vs. cons $433.2M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "EPS",
      "prediction": "BEAT",
      "answer": "pred ~$2.46 vs. cons $2.42",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Domain Name Base YoY growth (.com/.net)",
      "prediction": "BEAT",
      "answer": "pred ~4.0% vs. cons ~3.6%",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 Revenue Guidance",
      "prediction": "BETTER",
      "answer": "guide ~$1.735B-$1.750B (mid $1.7425B) vs. cons $1.739B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 Operating Income Guidance",
      "prediction": "BETTER",
      "answer": "guide ~$1.175B-$1.190B (mid $1.1825B) vs. cons $1.178B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 Domain Name Base Growth Guidance",
      "prediction": "BETTER",
      "answer": "guide ~3.3%-4.5% vs. prior/cons 3.1%-4.3% (FY2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 2.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 1.0,
  "day5_path": "FADE",
  "day5_rationale": "Headline Q2 beat and modestly raised FY26 revenue/opex guide likely spark an initial pop, but management's flagged H2 cohort mix-shift (rising proportion of lower-yield first-time renewals vs. previously-renewed names) implies implicit downward pressure on blended renewal-rate and out-quarter revenue/EPS run-rate; combined with recurring AI-disruption-to-search/domain-navigation debate resurfacing on the call, sell-side likely trims H2 estimates even after the beat, fading the initial move over the following days.",
  "day5_confidence": "LOW"
}