Core Viewpoint - BlackBerry Limited's shares have increased by 21.3% in the past month, outperforming the Computer Software industry and the S&P 500 composite, which grew by 18.7% and 8% respectively [1] Price Performance - BlackBerry's stock closed at $3.92, which is down 37.2% from its 52-week high of $6.24 [4] QNX Business Development - BlackBerry has shifted focus to its QNX platform, having sold its Cylance unit for $80 million in cash and 5.5 million shares, while retaining its AI/ML patent assets and tax losses [5] - The QNX business is experiencing growth, particularly in the automotive sector, with strong demand in advanced driver assistance systems (ADAS) and digital cockpit solutions [6] - QNX revenues reached $65.8 million, exceeding guidance of $60-$65 million, driven by design wins in digital cockpit and ADAS [7] Revenue Guidance and Market Conditions - BlackBerry maintains a revenue guidance of $260-$270 million, with QNX revenues expected between $250 million and $270 million, amid uncertainties from recent tariff changes [9] Secure Communication Division - The Secure Communication division reported fiscal fourth-quarter revenues of $67.3 million, surpassing the forecast of $62-$66 million, driven by strong performance in the AtHoc platform [10] - The division is seeing healthy momentum from government agencies and top banks, with a notable expansion of a deal with the Malaysian government [11] Financial Performance - BlackBerry's adjusted EBITDA for fiscal 2025 was $39.3 million, reflecting a $54 million improvement from the previous year, aided by cost-cutting measures [13] - Cash and investments increased by $144 million, supported by strong operating cash flow of $42 million and the initial payment from the Cylance deal [14] Analyst Sentiment and Valuation - Analysts have revised EPS estimates for the current fiscal year upward to 10 cents from 7 cents over the past 60 days, indicating bullish sentiment [17] - BB stock is trading at a trailing 12-month price/book multiple of 3.25, compared to the industry average of 5.87, suggesting it is undervalued [18] Investment Opportunity - The pivot towards the QNX business, improving financials, and strong estimate revisions present a compelling buying opportunity for BlackBerry stock [19]

QUEBEC CITY, Canada, May 14, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), is pleased to announce the launch of LeddarSim™, a next-generation simulation platform purposely built to reduce the gap between virtual testing and real-world deployment. LeddarSim redefines the standards of ADAS and AD development by closing the long-standing simu ...

indie Semiconductor (INDI) Q1 2025 Earnings Call May 12, 2025 05:00 PM ET Company Participants Ashish Gupta - PartnerDonald McClymont - Co-Founder, CEO & DirectorMark Tyndall - EVP - Corporate Development & IRCraig Ellis - Director of ResearchRoss Seymore - Managing DirectorJonathan Tanwanteng - Managing Director Conference Call Participants Anthony Stoss - AnalystCody Acree - Equity Research Analyst Operator Good afternoon, and welcome to ND Semiconductors First Quarter twenty twenty five Earnings Call. At ...

indie Semiconductor (INDI) Q1 2025 Earnings Call May 12, 2025 05:00 PM ET Speaker0 Good afternoon, and welcome to ND Semiconductors First Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. I will now turn the call over to Ashish Gupta, Investor Relations. Mr. Gupta, please go ahead, sir. Speaker1 Thank you, operator. Good afternoon, welcome to ...

Financial Data and Key Metrics Changes - For Q1 2025, the company reported revenues of $600,000, primarily driven by sales in the industrial verticals [23] - R&D and SG&A expenses for Q1 2025 were $14.1 million, including $1.9 million in non-cash stock-based compensation and $1.4 million in non-cash depreciation and amortization, resulting in a reduction of 45% year-over-year [24][25] - The company finished the quarter with $69 million in cash and cash equivalents, with additional availability under various financing facilities [26] Business Line Data and Key Metrics Changes - The company is engaged in seven RFQs for automotive programs, but progress has been slow due to OEMs focusing on supply chain issues and global trade rebalancing [7][19] - In the industrial segment, the company has made progress with its Movia sensor integrated with onboard perception software, expecting commercial wins from ongoing evaluations [12][20] - The defense vertical is being expanded with a newly established defense advisory board to explore opportunities with the Department of Defense [14][22] Market Data and Key Metrics Changes - The automotive industry is experiencing delays in advanced ADAS rollout, with LiDAR integration at low volumes [7][19] - The industrial market shows momentum in AGV and AMR sectors, with companies embracing autonomy and AI [20] - The defense market presents multiple avenues for technology application, including drones and unmanned vehicles, which differ significantly from automotive applications [104] Company Strategy and Development Direction - The company aims to focus on custom development opportunities with OEMs in the automotive sector, while also expanding its presence in industrial and defense markets [11][22] - The strategy includes leveraging existing technology for partnerships in the defense sector, emphasizing rapid innovation through public-private partnerships [22] - The company plans to host an Investor Day to showcase technology offerings and engage with potential customers [15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the industrial segment and the potential for significant revenue growth, projecting $30 million to $50 million in revenue over the next 12 to 18 months [28] - The company remains cautious about the automotive sector, expecting no substantial projects to be awarded in the near future [11] - Management highlighted the importance of a strong balance sheet and strategic partnerships to navigate the current market challenges [10][22] Other Important Information - The company has secured a production commitment with ZF in France, minimizing exposure to China tariffs and enhancing competitiveness [18] - The company is exploring strategic alliances in the defense sector but is currently focused on commercial agreements [57] Q&A Session Summary Question: Is this the first quarter with commercial sales? - The company confirmed that commercial sales were also present in the fourth quarter, indicating a continued effort in this area [32][33] Question: What is driving the potential revenue range of $30 million to $50 million? - The revenue is primarily driven by industrial automation activities and the deployment of ADAS solutions [35][36] Question: How many unique entities is the company working with? - The company is currently engaging with less than 10 unique customers in the industrial space [42] Question: What is the scope of military opportunities? - The company aims to be a technology partner for prime contractors in the military space, focusing on delivering integrated solutions rather than bidding for large contracts [44][45] Question: How does the company plan to compete with existing players in the industrial vertical? - The company plans to offer a complete solution that includes both hardware and software, aiming for lower price points through economies of scale [78][79] Question: What are the 2025 milestones to track? - Key milestones include signing commercial deals in the industrial space, engaging in pilot programs for new technologies, and establishing partnerships in the defense sector [89][90]

Core Viewpoints - The traditional cleaning segment remains under pressure, and the motor segment has experienced a decline due to sporadic factors [2] - The company has seen an increase in expense ratios, leading to fluctuations in profitability [2] Financial Performance - In Q1 2025, the company achieved revenue of approximately 203 million, a year-on-year decrease of about 16.04% [1] - The net profit attributable to the parent company was approximately 42 million, a year-on-year decrease of about 35.48% [1] - The gross margin for Q1 2025 was approximately 32.22%, down by about 4.57 percentage points year-on-year [2] - The net profit margin was approximately 20.61%, down by about 6.21 percentage points year-on-year [2] - The total expense ratio was approximately 11.33%, an increase of about 3.48 percentage points year-on-year [2] Business Development - The company has entered the production ramp-up phase for the drum motor products developed in collaboration with Germany's Lenze [3] - New production bases in Thailand and the United States have been completed, strengthening the global production layout [3] - The company has secured batch projects for active perception cleaning systems from clients such as Waymo and Meituan [3] - The company plans to configure a production capacity of 250,000 sets per year for gas-liquid mixed cleaning systems [3] - The matching of harmonic magnetic field motor technology with the customized needs of humanoid robots is expected to open new growth avenues for the company [3] Investment Outlook - The company is expected to see revenue growth from new product applications and project rollouts, with projected revenues of approximately 1.1 billion, 1.27 billion, and 1.47 billion for 2025 to 2027, representing year-on-year growth of approximately 14.7%, 15.2%, and 15.8% respectively [4] - The net profit attributable to the parent company is projected to be approximately 230 million, 270 million, and 320 million for 2025 to 2027, with year-on-year growth of approximately 8.6%, 17.4%, and 17.8% respectively [4] - As of May 6, 2025, the stock price corresponds to a PE ratio of approximately 27.5, 23.5, and 19.9 for 2025 to 2027 [4] Rating - The company maintains a "Buy" rating [5]

Group 1: Financial Performance - The company's Q1 2025 revenue was 24,158.93 million CNY, a decrease of 16.04% compared to 20,283.21 million CNY in the previous year [2] - The net profit attributable to shareholders for Q1 2025 was 4,180.08 million CNY, down 35.48% from 6,478.89 million CNY in the previous year [2] - The gross margin for Q1 2025 was 32.22%, showing a decline from 36.79% in Q1 2024 and 32.5% in Q4 2024, indicating a relatively stable performance despite the decrease [3] Group 2: Business Segments and Growth Potential - The traditional cleaning business remains under pressure, with no significant recovery observed in Q1 2025 [2] - The company is focusing on expanding its cleaning system business, particularly in overseas markets, which present significant growth opportunities [4] - The ADAS active perception cleaning system is expected to provide substantial market value growth compared to traditional cleaning systems [4] Group 3: Robotics and Motor Products - The company is actively engaging with overseas clients in the humanoid robot sector and plans to accelerate domestic customer expansion [5] - The development of seat motors, including adjustment and massage functions, is progressing well, driven by consumer demand for comfort and quality [6] - The tailgate motor segment has seen rapid growth, with revenue primarily driven by increased penetration among major clients and the acquisition of new customers [6] Group 4: Future Development Plans - The company aims to deepen its focus on vehicle motors and cleaning systems, with plans to expand into new motor categories and fluid products [6] - There is a strategic emphasis on developing high-torque brushless motors and various electric motors for automotive applications, laying a solid technical foundation for future growth [6]

【中信证券前瞻】安森美（ON）25Q1季报速评：营收好于市场预期，Fab Right计划和重组提振毛利率 【财务概览】 1）公司当季营收14.5亿美元（同比-22%，环比-16%），处于此前公司指引的13.5-14.5亿美元的上限，高于彭博一 致预期的14.0亿美元。 2）公司当季Non-GAAP毛利率40.0%（同比-5.9pp 【中信证券前瞻】安森美（ON）25Q1季报速评：营收好于市场预期，Fab Right计划和重组提振毛利率 【财务概览】 1）公司当季营收14.5亿美元（同比-22%，环比-16%），处于此前公司指引的13.5-14.5亿美元的上限，高于彭博一 致预期的14.0亿美元。 2）公司当季Non-GAAP毛利率40.0%（同比-5.9ppts，环比-5.3ppts），处于此前公司指引的39.0%-41.0%的中值， 低于彭博一致预期的40.1%。 3）公司当季Non-GAAP净利润2.3亿美元（同比-50%，环比-43%），对应EPS 0.55美元，处于此前公司指引的0.45-0.55美元的上限，高于彭博一致预期的0.51美元。 4）业绩指引：公司预计25Q2营收14-15亿美元，中值高于 ...

The Board of Directors of Terranet has decided to postpone the date for publication of the interim report for the first quarter 2025 to May 19, 2025. The reason for the postponement is that the work on a capital raise, divided into a directed share issue in combination with a rights issue of shares, has delayed the completion of the report. The capital raise aims to secure the Company's liquidity for 2025 and was announced on April 16, 2025. The previously communicated date for publication was 8 May 2025. ...

记者 濮振宇 车载镜头业务收入增长，并不意味光学企业已经从中赚到了利润。随着上下游市场竞争变得激烈，不少 光学企业的车载光学业务面临着毛利率下滑的挑战。 收入增长依赖智能汽车 联创电子2024年财报数据显示，当年营收为102.11亿元，同比增长3.69%，其中车载光学产品营收为 20.6亿元，同比增长119.87%，占营收的比重从2023年的9.52%大幅增长到20.18%。 联创电子在运动相机镜头、智能汽车车载光学领域位居行业前列。在车载光学领域，联创电子作为国内 外ADAS镜头主力供应商，2024年持续深化与Mobileye、Nvidia 等国际方案商以及地平线、百度等国内 头部平台战略合作，产品成功导入比亚迪、蔚来、吉利等主流车企。 今年第一季度，联创电子营收为21.77亿元，同比下降11.71%，但核心光学业务发展顺利，其中车载光 学营收达7.7亿元，同比增长43.18%，发展势头良好；车载镜头强势领涨，营收达4.4亿元，同比增长 99.67%。 依靠智能汽车赛道拉动营收增长的光学企业，不只联创电子一家。欧菲光2024年营收为204.36亿元，同 比增长21.19%，其中智能汽车产品营收同比增长达到2 ...