Revenue Growth in Continuing Operations
Consolidated Q1 revenue from continuing operations was $44.7 million, up 12.1% year over year, marking the fourth consecutive quarter of year-over-year growth.
Power IC Business Performance
Revenue from the Power IC segment was $4.9 million, an increase of 44.1% year over year.
New Product Launches and Market Penetration
27 new generation power analog solution products were released in Q1, with significant design wins across multiple markets, including automotive and industrial applications.
Gross Profit Margin Improvement
Consolidated Q1 gross profit margin from continuing operations was 20.9%, up 3.3 percentage points year-over-year.