Glaukos Shares Rise After Q3 Beat, Guidance Raised

03:03 PM EDT, 10/29/2026 (MT Newswires) -- Glaukos (GKOS) shares were up over 32% in Thursday trading after the company raised its 2026 revenue guidance following better-than-expected Q3 results. Late Wednesday, the company posted Q3 adjusted earnings of $0.47 per diluted share, swinging from a loss of $0.16 a year ago. Analysts polled by FactSet expected a loss of $0.10. Revenue for the three months ended Sept. 30 was $211.0 million, up from $133.5 million a year earlier. Analysts expected $168 million. For 2026, Glaukos now expects revenue of $775 million to $785 million, compared with $680 million to $700 million previously. Analysts expected $767.7 million. For 2027, the company expects revenue of $1 billion. Analysts expected $984.1 million. Price: 241.23, Change: +59.80, Percent Change: +32.96