Sees Q3 revenue $160M +/- $10M, consensus. Sees Q3 adjusted EBITDA breakeven. Sees Q3 gross margin 35.5%. Sees Q3 operating expenses $60M +/- $1M. Says expects to resume revenue growth in Q4. Says outlook is prefaced by heightened uncertainty that exists due to volatility in tariff rates, consumer confidence, competition, and global economic uncertainty. Says focused on further operational efficiencies to drive down costs and expand supply chain outside of China. Says the impact of tariffs on cameras and accessories in 2025 to be approximately $18M, up from $8M due to tariff rates increasing from 10% to 20%. Says expects to offset approximately 50% of the full tariff impact by the modest product price moves already made of less than 5% globally. Comments and guidance taken from Q2 earnings conference call.
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