โ
๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Revenue: $276.9M (+29% YoY)
โข GAAP EPS: $0.12 vs. $0.03 YoY
โข Adj. EPS: $0.26 vs. $0.13 YoY
โข GAAP Gross Margin: 49.2% vs. 46.3% YoY
โข Adj. Gross Margin: 51.5% vs. 49.6% YoY
โข GAAP Operating Margin: 12.8% vs. 2.9% YoY
โข Adj. Operating Margin: 20.6% vs. 13.9% YoY
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐ (๐๐ ๐ ๐๐๐)
โข Revenue: $278Mโ$288M (+23% YoY at midpoint)
โข Adj. EPS: $0.25โ$0.29 (+80% YoY at midpoint)
โข Adj. Gross Margin: 51.5%โ52.5%
โข Adj. Operating Expenses: $86Mโ$88M
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Seventh consecutive quarter of sequential revenue growth
โข Industrial & Other revenue +79% to $104.4M, with record data center sales
โข Automotive revenue +11% to $172.5M
โข Design wins increased nearly 40% YoY, reaching the highest quarterly level since the 2020 IPO
โข Bookings increased for the eighth consecutive quarter
โข Operating cash flow increased to $36.8M from $20.4M YoY
โข Repaid an additional $25M in debt after quarter-end
โข Cash: $193M at quarter-end
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โOur forward demand signals strengthened significantly this quarter. We delivered our highest quarterly design-win performance since our 2020 IPOโup nearly 40% year-over-yearโand bookings increased for the eighth consecutive quarter.โ โ CEO Mike Doogue