Revenue Growth
Revenue increased 12% year-over-year to $267 million, slightly above the midpoint of the guidance range.
Non-GAAP EPS Growth
Non-GAAP EPS grew 70% year-over-year to $0.90, exceeding the midpoint of guidance.
Core IoT Product Sales Surge
Core IoT product sales increased 43% year-over-year to $68 million, driven by strong momentum in wireless and processor products.
Expansion of Wireless Portfolio
Launched the first WiFi 7 device for IoT applications, designed for higher throughput and improved reliability, targeting high-bandwidth applications.
AI-Native Astra Platform Advancements
Extended Astra platform with SR-Series high-performance adaptive MCUs, gaining traction across consumer, automotive, and industrial markets.
PC Products Performance
PC products performed slightly better than typical seasonality, with continued market share gains and innovations in AI integration.