{
  "report_rows": [
    {
      "kpi": "Total net revenue",
      "prediction": "MISS",
      "answer": "pred ~$1.22B vs. cons $1.26B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Transaction revenue",
      "prediction": "MISS",
      "answer": "pred ~$620M vs. cons $650M",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Subscription and services revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$600M vs. cons $605M",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "Subscription and services revenue outlook",
      "prediction": "LOWER",
      "answer": "guide ~$595M vs. cons $625M (Q3 2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Transaction revenue quarter-to-date disclosure",
      "prediction": "LOWER",
      "answer": "guide ~$300M vs. cons $315M (Q3 2026 through July)",
      "confidence": "LOW"
    },
    {
      "kpi": "Technology, development and G&A expense outlook",
      "prediction": "BETTER",
      "answer": "guide ~$800M vs. cons $830M (Q3 2026)",
      "confidence": "MEDIUM"
    }
  ],
  "day1_residual_pct": -8,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -11,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "Expected ~$1.22B revenue versus $1.26B consensus and ~$595M Q3 subscription/services guide versus $625M consensus imply out-period estimate cuts despite an ~$800M expense guide versus $830M consensus.",
  "day5_confidence": "MEDIUM"
}