Q3 FY25 Financial Highlights - Record revenue of $148.1 million[18] - Record Adjusted EBITDA of $83.3 million[18] - Record EBITDA of $82.7 million[18] - Profit After Tax of $24.2 million[18] Bitcoin Mining Operations - Average Operating Hashrate of 29.4 EH/s[18] - Target installed capacity of 50 EH/s by June 30, 2025[18] - Pausing further mining expansion at 50 EH/s to focus on AI opportunities[18] - Best-in-class fleet efficiency at 15 J/TH[24] - Low electricity costs at 3.3 c/kWh at Childress power price[24] - Illustrative Adjusted EBITDA of $588 million at 50 EH/s (assuming $95k Bitcoin price)[29] - 326% YoY hashrate growth[26] AI Cloud Services - Launched IREN Cloud in August 2023 and scaled to 1,896 H100 & H200 GPUs[38] - AI Cloud revenues scaling with strong margins and 33% QoQ revenue growth[45] - 97% Hardware profit margin for AI cloud service[46] - Annual run-rate revenue of $28 million[49] AI Data Center Expansion - Horizon 1: Up to 50MW (IT load) liquid-cooled capacity targeting Q4 2025 delivery with $6-7 million forecast capex per MW of IT Load[18, 75] - Sweetwater 1: 1.4GW April 2026 energization[18] - Sweetwater: 2GW of high-voltage power across >1,800 acres[83] Financial Position - $160 million cash as of April 30, 2025[89] - Up to $250 million expected net funding requirement during 2025[89]

Heading into the results period, the main investor concern was on optical transceiver demand uncertainties from the reciprocal tariff policies and the potential impact on AI infrastructure demand, which is a key driver of optical transceiver demand (Read across: Global AI server report). Post 1Q results, key customers' overall 800G transceiver orders outlook for 2025 remained firm, and transceiver supply chain echoed a robust shipment trend into 2H25, noting 1) the need for supply/capacity for elevated dema ...

Amtech Systems (ASYS) Q2 2025 Earnings Call May 12, 2025 05:00 PM ET Company Participants Erica Mannion - Investor Relations, SapphireRobert Daigle - Chairman & CEOWade Jenke - Chief Financial Officer Conference Call Participants Craig Irwin - Managing Director, Senior Research AnalystMark Miller - Equity Research Analyst Operator Good day, and welcome to Amtech Systems Fiscal Second Quarter twenty twenty five Conference Call. Please note that this event is being recorded. I would now like to turn the call ...

Amtech Systems (ASYS) Q2 2025 Earnings Call May 12, 2025 05:00 PM ET Speaker0 Good day, and welcome to Amtech Systems Fiscal Second Quarter twenty twenty five Conference Call. Please note that this event is being recorded. I would now like to turn the call over to Erica Mannion of Saphyr Investor Relations. Please go ahead. Speaker1 Good afternoon, and thank you for joining us for Amtech Systems' fiscal second quarter twenty twenty five conference call. With me today on the call are Bob Daigle, Chairman and ...

RETRANSMISSION: HIVE Digital Technologies Accelerates Growth in Paraguay, Surpasses 7 EH/s, Achieves 10% Global Growth in Hashrate, and Reports April 2025 Production of 102 BitcoinMay 09, 2025 6:00 AM EDT | Source: HIVE Digital Technologies Ltd.This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024.San Antonio, Texas--(Newsfile Corp. - May 9, 2025) - ...

文｜周鑫雨 编辑｜苏建勋 高性价比，曾经是零一万物在模型行业中主打的特色——这主要依赖于Infra层对训练效率的优化。据了解，零一万物AI Infra团队在两个月内就完成了千卡 GPU集群和配套系统的设计、搭建和交付。 在采访中，李开复曾表示，通过AI Infra的优化，零一发布的大模型Yi-34B的训练成本下降了40%。 情况在2024年下半年急转直下。这段时间，零一万物经历了AI应用业务探索的的阻滞，以及模型进展的不顺。 知情人士称，零一万物在技术路线判断上，也曾经出现过失误。这直接导致了零一万物没有及时跟进后来成为主流的MoE（混合专家模型）架构——直到 2024年10月16日，零一万物才发布了新的旗舰大模型Yi-Lightning。 《智能涌现》独家获悉，零一万物联合创始人、技术副总裁戴宗宏于近日离职创业。在零一万物期间，戴宗宏负责AI Infra团队，主要解决大批量并行训练 时的系统瓶颈，提升训练效率，降低训练成本。 据了解，戴宗宏的创业项目，在近期获得了创新工场的投资。 关于上述信息，零一万物回复《智能涌现》：零一万物联合创始人、技术副总裁戴宗宏数月前在创新工场支持下再次创业。截至目前，零一万物今 ...

Financial Data and Key Metrics Changes - Revenue for Q1 2025 increased by 83% year-over-year to $60.3 million, with gross margins at 57.4% and EPS at $0.26 per share [9][16] - Non-GAAP operating income improved by $10.3 million or 16 percentage points compared to the same quarter last year, reaching $2.1 million [17] - Non-GAAP net income for Q1 was $6.3 million, translating to $0.26 per share [17] Business Line Data and Key Metrics Changes - Communications, Enterprise, and Data Center (CED) segment revenue was $29.3 million, up 198% year-over-year [16] - Automotive, Industrial, and Defense segment revenue was $14.1 million, up 10% year-over-year [16] - Mobile, IoT, and Consumer segment revenue was $16.9 million, up 64% year-over-year, with sales to the largest customer increasing by 76% to $11.1 million [16] Market Data and Key Metrics Changes - The CED business has shown significant sequential growth for four consecutive quarters, driven by AI strength [10] - The company expects continued growth in the data center business through 2025, supported by increased demand for higher network bandwidth [11][10] Company Strategy and Development Direction - The company focuses on high-value timing markets and applications, aiming to transform the $10 billion timing market with differentiated products [8] - The strategy includes launching new clocking products that integrate oscillators with clocks and software, creating a complete system solution [12][13] - The company anticipates the clocking business could generate significant revenue growth in the coming years, with a target of $100 million from this segment [60] Management's Comments on Operating Environment and Future Outlook - Management acknowledges a dynamic operating environment with uncertainties but remains confident in the company's ability to navigate challenges [72][74] - The company expects revenue growth of 45% to 50% year-over-year for Q2 2025, with gross margins expected to remain flat compared to Q1 [19] - Management reaffirms a growth target of 25% to 30% for the full year, driven by product differentiation and a strong design win funnel [43] Other Important Information - The company ended Q1 with $398.9 million in cash and short-term investments and no debt [18] - CapEx for Q1 was $16.4 million, primarily for production equipment, with expectations for total CapEx for the year to be in the mid- to high $30 million range [18][69] Q&A Session Summary Question: Expectations for growth from the largest customer - Management expects continued growth from the largest customer, though the percentage may vary due to the nature of consumer products and external factors like tariffs [21][24] Question: Margin expansion outlook - Management remains committed to achieving a gross margin target of 60% by the end of the year, despite pressures from lower-margin consumer business [25][28][29] Question: Growth profile in the data center segment - Management indicates strong continuous momentum in the data center segment, with opportunities across various components including switches and server racks [32][34] Question: Full-year growth outlook - Management reaffirms the growth target of 25% to 30% for the base business, with additional growth expected from new design wins [42][43] Question: CapEx levels - Management expects CapEx to remain elevated in Q2, with a total for the year projected to be in the mid- to high $30 million range [69]

Fiscal Q3 2025 Results May 6, 2025 Better Faster Greener © 2025 Supermicro DISCLOSURES Cautionary Statement Regarding Forward Looking Statements Statements contained in this press release that are not historical fact may be forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements can be identified by the use of forward-looking terminology such as "anticipate," "believe," "continue," "co ...

Super Micro Computer (SMCI) Q3 2025 Earnings Call May 06, 2025 05:00 PM ET Company Participants Michael Staiger - SVP - Corporate DevelopmentCharles Liang - Founder, Chairman of the Board, President & CEODavid Weigand - SVP & CFOSamik Chatterjee - Executive DirectorMichael Ng - Managing Director - Global Investment ResearchGeorge Wang - Vice PresidentAsiya Merchant - Technology Equity ResearchNehal Chokshi - Managing DirectorJon Tanwanteng - Managing Director Conference Call Participants Ananda Baruah - Sto ...

Atomera (ATOM) Q1 2025 Earnings Call May 06, 2025 05:00 PM ET Company Participants Mike Bishop - IRScott Bibaud - President, CEO & DirectorFrank Laurencio - CFO Conference Call Participants Richard Shannon - Senior Research Analyst Mike Bishop Hello, everyone, and welcome to Atomera's first quarter twenty twenty five update call. I'd like to remind everyone that this call and webinar are being recorded, and a replay will be available on Atomera's IR website for one year. I'm Mike Bishop with the company's i ...