Telecom Core, Lending, and Earnings
JSC Ingenium brings 5G stack to New York as GCE reports Q3 growth
Cloud-native 5G vendor JSC Ingenium presents its unified core and BSS platform at FutureNet North America 2026 while Equity Smart Choice launches a redesigned investor portal and Grand Canyon Education posts $267.3 million in Q3 revenue.

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Enterprise infrastructure, real estate finance, and post-secondary education service providers announced new platform milestones and third-quarter financial results this week. Cloud-native telecommunications vendor JSC Ingenium made its debut at FutureNet North America 2026 in New York, real estate lender Equity Smart Choice rolled out a redesigned investor portal, and Grand Canyon Education reported $267.3 million in third-quarter 2026 service revenue.
JSC Ingenium Presents Unified 5G Core and BSS Stack at FutureNet New York
Founded in 1996 as part of Grupo Ingenium Tecnología with 30 years of mobile infrastructure experience and more than 45% of its technical resources dedicated to R&D, JSC Ingenium debuted as an exhibitor and speaker at FutureNet North America 2026 in New York on Nov. 4 and 5, according to Castro Valley Forum. The event gathered network leaders from T-Mobile, AT&T, Comcast, Optimum, and Boost Mobile to examine agentic AI and autonomous operations.
Supporting more than 700 brands across nearly 20 countries, JSC Ingenium's containerized Hyperelastic Network platform combines 5G Standalone (5G SA) core, IMS, converged charging, and Business Support Systems (BSS) on a single shared data model with full Control and User Plane Separation (CUPS). Chief Marketing Officer Mario Mendiguren, Sales and Alliance Director Alfonso Reillo — who joined the roundtable "How Operators Can Create Better Data Foundations for Scalable AI" — and Presales Director Alejandro Gaspar highlighted how unifying core and BSS engineering eliminates cross-vendor data reconciliation delays for AI agents.
Equity Smart Choice Launches Redesigned Real Estate Financing Portal
In property finance, Equity Smart Choice LLC launched a redesigned responsive website developed by Code Charley to streamline navigation across desktops, tablets, and mobile devices for U.S. real estate investors, as reported by Castro Valley Forum. The portal organizes borrower guidance and loan requirements across 4 core categories: cash-flow-based DSCR loans for rental properties, ground-up residential construction loans, short-term fix and flip loans, and post-renovation value rehab loans.
Grand Canyon Education Reports $267.3 Million Q3 Revenue and $355 Million Buyback Hike
In Phoenix, Grand Canyon Education, Inc. (NASDAQ: LOPE) — incorporated in 2008 and serving 20 university partners — reported third-quarter 2026 service revenue of $267.3 million for the 3 months ended Sept. 30, 2026, up $6.2 million (2.4%) from $261.1 million in Q3 2025, according to Castro Valley Forum. Partner enrollments rose 5.2% from 138,073 to 145,270, including 139,170 students at Grand Canyon University (up 5.1%, with 115,520 online students up 7.1% and 23,650 ground students down 4.1% amid a 6-day fall calendar shift worth $7.5 million) and 7,780 off-campus classroom and laboratory students across 48 sites (up 12.6% overall and 14.1% excluding teach-out sites, including 1,680 GCU students versus 1,325 in 2025).
Third-quarter operating income rose 185.6% ($33.5 million) from $18.0 million (6.9% margin) to $51.5 million (19.3% margin; $54.7 million or 20.5% adjusted versus $58.2 million or 22.3% in Q3 2025), while net income increased 164.3% ($26.7 million) from $16.3 million ($0.58 diluted EPS) to $43.0 million ($1.67 diluted EPS; $45.6 million or $1.77 adjusted diluted EPS versus $49.7 million or $1.78 in Q3 2025) and Adjusted EBITDA edged down 3.2% from $75.9 million to $73.5 million. For the 9 months ended Sept. 30, 2026, service revenue rose 5.3% to $840.2 million, operating income rose 29.9% to $205.1 million, and net income rose 26.9% to $164.2 million ($6.25 diluted EPS). With $162.1 million in unrestricted cash and investments at Sept. 30, 2026 (down $137.9 million from $300.1 million at Dec. 31, 2025), GCE's Board approved a $355.0 million stock repurchase increase on Oct. 28, 2026 (bringing total authorization to $2.9 billion through March 1, 2028, with $394.5 million remaining and 25,510,517 shares outstanding as of Nov. 2, 2026) and projected full-year 2026 service revenue of $1,160.7 million to $1,161.7 million with diluted EPS of $9.81 to $9.85 ($10.09 to $10.13 adjusted) across 26.0 million diluted shares, alongside Q4 2026 revenue of $320.5 million to $321.5 million and diluted EPS of $3.57 to $3.61 ($3.63 to $3.67 adjusted) on 25.3 million diluted shares.
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