Sees Q2 adjusted EBITDA loss of $18M to gain of $10M. Sees Q2 GAAP gross margin 44%-46%. Says expects revenue in the first half of FY26 to be $796M-$826M. Says gross margin guidance range embeds higher memory costs in Q2. Sees Q2 operating expenses $134M-$144M. Comments and guidance taken from Q1 earnings conference call.
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