Parade Technologies Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 revenue and net income were nearly flat year-over-year, with gross margin pressured by rising manufacturing costs. Automotive and data center segments are expected to drive growth in the second half, while selective price increases aim to support margin recovery.
Fiscal Year 2025
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Q4 2025 revenue and profit declined sequentially but FY2025 saw 5% revenue growth and higher net income. High-speed and TTED devices are driving growth, with strong momentum in automotive and data center segments. Share buyback announced.
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Q3 2025 saw revenue and profit growth, driven by new high-speed product launches and strong automotive and data center momentum. Q4 is expected to be seasonally weaker, but 2026 growth is projected to outpace the PC market, supported by new integrated and custom solutions.
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Q2 2025 revenue grew 10.45% year-over-year to $133.50 million, with net income at $22.79 million and gross margin improvement driven by high-speed product mix. The company completed the Spectra7 acquisition, expanding into data center and high-speed cable markets, and guided Q3 revenue of $140–$154 million.
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Q1 2025 saw 4% year-over-year revenue growth and stable margins, with net income rising to $20.19 million. The Spectra7 acquisition strengthens high-speed connectivity offerings, while tariff uncertainties and competitive pressures persist.
Fiscal Year 2024
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Q4 2024 revenue grew 6% year-over-year to $127.41M, with FY2024 revenue up 14.6% to $505.81M and net income at $80.68M. High-speed and USB4 products led growth, with strong outlook for AI, automotive, and server segments in 2025. Double-digit sales growth is targeted.
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Q3 2024 saw strong revenue and profit growth, driven by high-speed product demand, while panel-related segments faced increased competition and weaker demand. Q4 guidance anticipates a revenue dip, but high-speed and AI-related products are expected to drive growth into 2025.
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Q2 2024 revenue grew 16% year-over-year to $120.87M, with strong High-Speed and AI PC product momentum. Q3 guidance is $130M–$144M revenue and 42%–46% gross margin, with USB4 adoption and AI PC driving growth into 2025.