{
  "report_rows": [
    {
      "kpi": "Total net sales (Q2'26)",
      "prediction": "BEAT",
      "answer": "pred ~$1.40B vs. cons ~$1.38B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted EPS (Q2'26)",
      "prediction": "BEAT",
      "answer": "pred ~$1.12 vs. cons ~$1.06",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adj. Operating EBITDA (Q2'26)",
      "prediction": "BEAT",
      "answer": "pred ~$445M vs. cons ~$432M",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 Net sales guide (raise)",
      "prediction": "BETTER",
      "answer": "guide ~$5.35-5.45B (mid ~$5.40B) vs. cons ~$5.34B (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 Adj. EPS guide (raise)",
      "prediction": "BETTER",
      "answer": "guide ~$4.00-4.25 (mid ~$4.12) vs. cons ~$4.02 (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 Adj. Operating EBITDA guide (raise)",
      "prediction": "BETTER",
      "answer": "guide ~$1.58-1.66B (mid ~$1.62B) vs. cons ~$1.60B (FY26)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "MSI wafer-start growth assumption",
      "prediction": "BETTER",
      "answer": "guide ~high-single-digit (~7-8%) vs. prior mid-to-high-single-digit ~6% (FY26)",
      "confidence": "LOW"
    },
    {
      "kpi": "ICS advanced pkg/thermal/AI-PCB growth",
      "prediction": "UNKNOWN",
      "answer": "pred ~+45% YoY vs. cons ~+40% YoY (Q2'26 core areas)",
      "confidence": "LOW"
    },
    {
      "kpi": "Permanent CFO / Head of Semi hire",
      "prediction": "UNKNOWN",
      "answer": "pred 0 of 2 filled vs. cons 0 of 2 filled (as of Q2 call)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": 4.0,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": 2.0,
  "day5_path": "FADE",
  "day5_rationale": "Stock is washed out into the print (~-24% from the June $176 peak, down again through July on AI-durability jitters \u00e0 la Corning -46%), so a beat + second FY raise should spark a relief pop of ~+4% day 1. But the raise is modest (FY sales/EBITDA midpoints up only low-single-digit) and the out-period math is soft: Semi guided ~flat with a one-time Q1 restock not repeating, heavy 2H FCF/capex loading, and a prudent ~$20M inflation guardrail. So implied per-quarter 2H run-rate revisions are limited even after the beat, and with sector 'durability of AI capex' nerves capping the multiple, the initial pop partially retraces \u2014 follow-through fades to ~+2% cumulative residual by day 5.",
  "day5_confidence": "LOW"
}