Effective Inventory Management
Inventory was reduced from 266 days in December 2024 to 251 days in March 2025. The goal is to reduce inventory by over $350 million by March 31, 2026.
Improvement in Customer Relationships
78% of previously deteriorated customer relationships have been restored to approved or preferred status, leaving only 2.6% requiring further effort.
Strong Financial Leverage
With a $74.5 million increase in net sales projected for the June quarter, 85% of it is expected to fall to the bottom line as non-GAAP operating profit.
Positive Book-to-Bill Ratio
The book-to-bill ratio was 1.07 in the March quarter, signaling strong future demand.
Strategic Product Developments
Investments in next-generation technologies like the Switchtec PCIe switches and ARM-based microprocessors are driving innovation in various markets.
Aerospace and Defense Market Growth
Aerospace and defense segment has grown to 17-18% of business, driven by increased defense spending globally.