🔹 Revenue: $1.53B (Est. $1.51B) 🟢; UP +16.4% YoY
🔹 EPS: $1.00 (Est. $0.92) 🟢
🔹 Record revenue driven by AI datacenter, communications, and industrial demand
Guidance (Q1):
🔹 Revenue: $1.46B–$1.60B (Est. $1.55B) 😕
🔹 EPS: $0.93–$1.13 (Est. $1.02) 😕
🔹 Gross Margin: 37.5%–39.5%
Other Metrics & Product Updates:
🔹 Gross Margin: 38.1% vs. 35.9% YoY
🔹 First revenue from 1.6T Datacom transceivers for AI datacenters
🔹 Initial shipments of Optical Circuit Switch (OCS) platform, expanding DC market by $2B+ by 2030
🔹 New diamond silicon carbide composite for AI datacenter cooling
🔹 Industry-first 600W excimer laser for high-temp superconductor tape in fusion energy applications
Strategic Moves:
🔹 Selling Aerospace & Defense business to Advent for $400M; proceeds to reduce debt, accretive to EPS
CEO Commentary:
🔸 “FY25 delivered 23% revenue growth and 191% EPS expansion, with strong momentum from AI datacenter demand.”
🔸 “The aerospace and defense divestiture sharpens our focus on core growth markets, positioning us for long-term profitable growth.”