Customer DemandBacklog is increasing, and BtB continues to be above 1, showing strong future demand and order growth.
Financial PerformanceFree cash flow improved significantly to $23.3M, or 19.4% of revenue, signaling strong financial management and operational efficiency.
New ProductsNew products Nexus/Avant are expected to continue growing, reaching high-teens % of sales in 2025, and mid-20s % in 2026.