🔹 Revenue: $159.4M (Est: $152M) 🟢
🔹 Adj EPS: $0.33 (Est: $0.28) 🟢
🔹 Adj Oper Income: $53.7M (Est: $47M) 🟢
🔹 Gross Margin: 74.9%
Q2'25 Guidance
🔹 Revenue: $173M (Est: $160M) 🟢
🔹 Adj EPS: $0.33 (Est: $0.30) 🟢
🔹 Adj Operating Income: $54M (Est: $51M) 🟢
Strategic & Operational Updates
🔸 Revenue up 13% QoQ and 144% YoY on strong AI/cloud demand
🔸 Shipping PCIe Gen 6 Scorpio Switches and Aries 6 Retimers
🔸 New NVIDIA Blackwell-based MGX platform reference design
🔸 Expanded Cloud-Scale Interop Lab; showcased PCIe 6 interoperability with NVIDIA & Micron
🔸 Dr. Craig Barratt appointed to Board of Directors