Cautious Revenue GuidanceGuidance remains cautious, with management expecting revenue to come in lower amid uneven demand.
Challenging Operating LandscapeFrencken expects the near-term operating landscape to stay challenging due to the potential fallout on global trade and market demand, supply chain disruptions, inflation, and foreign currency market volatility.
Geopolitical UncertaintyManagement guided that the volatile geopolitical tensions continue to cast uncertainties on the outlook of the global economy, as the prolonged unpredictability of tariffs weighs on business confidence and investment decisions.