Strong Backlog and Order Growth
Backlog increased by 29% from Q3 and 17% year over year, driven by $50 million in new orders booked across all segments in Q4.
Commercial Segment Success
Orders for the commercial business increased by 31% for the year and 44% for Q4 compared to the previous year.
International Business Expansion
International orders grew by 32% year over year, with orders doubling in Q4 compared to the previous year, reaching nearly $25 million.
Cash Flow and Balance Sheet Strength
Operating cash flow more than doubled in Q4 year over year, ending the year with $128 million in cash, a 57% increase from the previous year.
New Product Introductions
Released new digital billboard and outdoor video display systems, contributing to improved product complexity and installation processes.