Revenue in 3Q:25 grew 25.4% from a year earlier to $162.1 million, beating our $161.6 million forecast. EPS (including stock compensation expense) also topped our $0.34 forecast, increasing 64.2% to $0.35. Demand in the Attachments segment has stabilized and the business remains well positioned for growth, if snowfall returns to historically average levels. The Solutions segment was the standout in the quarter, easily beating our forecast, with better demand and volumes in both the businesses' municipal and commercial markets. PLOW jump started its M&A strategy, diversifying its Attachments business with the acquisition of Veco Venturo, a manufacturing of truck-mounted cranes and dump hoists. Given the stronger-than-projected performance from the Solutions segment, management narrowed the full year revenue outlook to $635-$660 million (from $630-$660 million) and raised its EPS (excluding stock compensation expense) guidance to $1.65-$2.05 (from $1.45-$1.95). At the end of 3Q:25, PLOW had net debt of $199 million, down from $205 million at the end of 3Q:24, and net leverage of 2.2x, down from 2.8x. We raise our price target to $42 (from $39), based on an unchanged 18x our newly introduced 2027 EPS estimate of $2.34. We previously valued the stock based on our former 2026 earnings estimate Our moderate risk rating recognizes PLOW's track record of earnings and cash flow and its modestly leveraged balance sheet.