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Tech & Software · Week of Nov 2, 2026

Earnings and buybacks dominate: the week in tech and software

Earnings dominated the week, with Unisys, Wayfair, Kyndryl, VIAVI and others reporting, alongside a Clarivate debt tender and an IBM quantum launch.

· Clan Social Media newsroom

Third-quarter earnings filled the week, with most releases dated Nov. 4, 2026. IT services firms Unisys and Kyndryl both reported modest or negative constant-currency revenue trends while pointing to margin gains: Unisys says non-GAAP operating profit margin rose 180 basis points to 7.2%, and Kyndryl reported adjusted EBITDA of $699 million versus $641 million a year earlier and reaffirmed its fiscal 2027 outlook. Growth was stronger elsewhere. VIAVI reported revenue up 56.9%, Chunghwa Telecom reported revenue up 16.7%, and Wayfair reported U.S. revenue up 11.4%.

Capital management was a second thread. VIAVI authorized a new $500 million buyback, Blue Owl Technology Finance Corp. repurchased $55 million of stock and raised $900 million of new debt capital, and Clarivate opened cash tender offers capped at $500,000,000 for two series of notes. Unisys moved approximately $200 million of U.S. pension liabilities to an insurer. Outside the earnings cycle, IBM unveiled an IBM Quantum System Two in Chicago on Nov. 6, 2026.

  1. Unisys Corporation

    Unisys Announces 3Q26 Results

    Unisys reported third-quarter 2026 revenue of $471.5 million, up 2.5%, and a net loss of $201.0 million that included a $151 million non-cash pension settlement loss. It raised its 2026 constant currency revenue growth guidance to (3.0)% to (1.5)% and reaffirmed margin guidance of 9.0% to 11.0%, and it reported New Business TCV up 78% to $221 million.

  2. Wayfair Inc.

    Wayfair Announces Third Quarter 2026 Results, Reports Double Digit U.S. Revenue Growth

    Wayfair reported third-quarter 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 grew 11.4% in what it describes as a roughly flat category, while international revenue fell 2.3% and that segment posted negative Adjusted EBITDA of $25 million.

  3. Kyndryl

    KYNDRYL REPORTS SECOND QUARTER FISCAL 2027 RESULTS

    Kyndryl reported fiscal second-quarter revenue of $3.7 billion, down 1.9%, net income of $59 million and signings of $4.1 billion, with hyperscaler-related revenues up 27.2%. The company says $38 million of workforce rebalancing charges are expected to yield annualized savings of approximately $400 to $500 million in fiscal 2028, and it reaffirmed its fiscal 2027 guidance.

  4. Blue Owl Technology Finance Corp.

    Blue Owl Technology Finance Corp. Announces September 30, 2026 Financial Results

    Blue Owl Technology Finance Corp. reported net investment income of $0.29 per share and net asset value per share of $16.62, and it declared a fourth-quarter base dividend of $0.35. Investments on non-accrual rose to 1.8% at cost and 1.1% at fair value, up from 0.6% and 0.1% as of June 30, 2026.

  5. VIAVI Financials

    VIAVI Announces First Quarter Fiscal 2027 Results

    VIAVI reported fiscal first-quarter revenue of $469.3 million, up 56.9%, and GAAP net income of $76.0 million, compared with a $21.4 million loss a year earlier. Its Board authorized a new $500 million buyback, and the company guided second-quarter revenue to $505 million to $515 million.

  6. Chunghwa Telecom Co., Ltd.

    Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the Third Quarter of 2026

    Chunghwa Telecom reported third-quarter revenue up 16.7% to NT$ 67.59 billion and net income attributable to the parent up 29.5% to NT$ 12.22 billion. 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%.

  7. Clarivate Plc

    Clarivate Commences Offers to Purchase for Cash Certain of its Outstanding Debt Securities

    Clarivate's subsidiary began cash tender offers for its 3.875% Senior Secured Notes due 2028 and 4.875% Senior Notes due 2029, capped at $500,000,000 in aggregate. The offers expire at 5:00 p.m. New York City time on November 10, 2026, with settlement expected November 13, 2026.

  8. IBM

    IBM Unveils Its Most Advanced Quantum Computer in Chicago, Marking a Milestone for Illinois's Quantum Future

    IBM and its partners unveiled an IBM Quantum System Two, powered by the IBM Quantum Nighthawk chip, at the University of Chicago's Hyde Park Labs. The system will anchor IQMP's National Quantum Algorithm Center, where participants including Deloitte, AbbVie and EPRI are working on drug discovery and power grid optimization.

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 Clan Social Media reporting.