What move does the options market price into AtriCure's report?

Implied ±8.6%, either direction.

How often does AtriCure move more than the options market prices?

1 of the last 8 reports moved at least as far as the implied move.

ATRCNasdaqSurgical & Medical Instruments & Apparatus

AtriCure, Inc. (ATRC) earnings date, market-implied expected move, and options open interest by expiry

61.21

Closed16:00 ET

Open62.48Volume967,355Mkt cap$3.1BP/E291.48EPS0.21

Day59.77 – 62.4853%52-wk25.36 – 63.0095%

ATRC

AtriCure, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±8.6%implied · report alone

8Q avg ±7.1%·×1.20·rich

56.0166.49

straddle ±10.7%

spot 61.25exp Nov 20ATM strike 60ATM straddle 7.73IV 66%

Oct 30 closereport share · term structurethin chain

Expected move

Inputs

Next report

Nov 2

after close · in 1 day

est.Q3 FY26

Calendar

Next report

Last report

+6.18%

vs ±15.5% implied · ×0.40

shaded = implied · ▲▼ = realized

Jul 23 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+0.46%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

251 managers

Top fund weight

0.04%

ATRC weight · IWM

N-PORTJun 30 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

AtriCure (ATRC) is expected to report on Nov 2 after close (estimated date).

Implied vs realized

8 reports

1 of 8≥ implied

avg implied: ±13.2%
avg realized: ±7.1%

Feb 12 '25Feb 12 '25confirmed±11.3%▼−6.54%×0.58

Apr 29 '25Apr 29 '25confirmed±12.7%▼−13.68%×1.08

Jul 29 '25Jul 29 '25confirmed±16.2%▲+10.72%×0.66

Oct 29 '25Oct 29 '25confirmed±11.6%▼−3.81%×0.33

Jan 12 '26Jan 12 '26confirmed±10.8%▼−9.21%×0.85

Feb 17 '26Feb 17 '26confirmed±14.3%▼−2.15%×0.15

Q1 FY26May 5 '26confirmed±12.9%▼−4.70%×0.36

Q2 FY26Jul 23 '26confirmed±15.5%▲+6.18%×0.40

quarterimplied−20%0+20%realized×

Q2 FY26±15.5%▲+6.18%×0.40

Q1 FY26±12.9%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 4 expiries · Oct 30 close

0.02OI · 4 expiries · Oct 30 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

50%Nov 2019d2800%

0—Dec 1847d0.0040%0.00

110%Jan 1575d0.061840%0.06

100%Apr 16166d0.43230%0.43

ExpiryPutsCallsP/C

Nov 2019d50%2800%0.02

Dec 1847d0—40%0.00

Jan 1575d110%1840%0.06

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±10.7%

Funds 4

IWM±0.0%

UWM±0.0%

VTI±0.0%

VT±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

5.83%as filednet margin · revenue +8.75% QoQ · +12.83% YoY

Revenue

$154M+8.75% QoQ

Gross profit

$119M+8.52% QoQ

77.23% margin

Operating income

$10M+1737.45% QoQ

6.29% margin

Pre-tax income

$9M+2292.39% QoQ

Net income

$9M+8191.67% QoQ

5.83% margin

Cost of revenue

$35M+9.51% QoQ

Operating expenses

$109M+0.16% QoQ

SG&A $83M

R&D $26M

Other expense

$239,000

Tax

$471,000+64.69% QoQ

Revenue$154M+8.75%

Gross profit

$119M+8.52%

77.23% margin

Operating income

$10M+1737.45%

6.29% margin

Pre-tax income

$9M+2292.39%

Net income

$9M+8191.67%

5.83% margin

Cost of revenue

$35M+9.51%

Operating expenses

$109M+0.16%

SG&A $83M

R&D $26M

Other expense

$239,000

Tax$471,000+64.69%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

NFP ×1.73· ±3.9% vs ±2.2% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±3.9%4 of 10×1.73

GDPgross domestic product±3.1%9 of 19×1.39

FOMCrate decision±2.5%12 of 24×1.12

PCEpersonal income & outlays±2.4%9 of 19×1.05

CPIconsumer prices±1.8%7 of 10×0.80

CPROFcorporate profits±1.8%5 of 12×0.79

PPIproducer prices±1.4%4 of 10×0.60

Bar = avg |move| to ±4% · tick = ±2.2% avg day · ×base = |move| ÷ ±2.2% · min 6 releases

Earnings history

EPS 0.18 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jul 23 '26 · confirmed	0.18	—
Q1 FY26	May 5 '26 · confirmed	0.00	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod