Core Insights - Tandem Diabetes Care, Inc. (TNDM) reported a second-quarter 2025 loss of 48 cents per share, missing the Zacks Consensus Estimate of a loss of 40 cents per share, while GAAP loss was 78 cents per share compared to a loss of 47 cents in the prior year [1][9] - Following the earnings announcement, TNDM stock experienced a decline of 20% [1] Revenue Performance - Non-GAAP revenues for the quarter reached $240.7 million, reflecting an 8.5% year-over-year increase and surpassing the Zacks Consensus Estimate by 0.9% [2][9] - GAAP revenues also totaled $240.7 million, marking an 8.5% increase year over year [2] Geographic Sales Breakdown - In the United States, non-GAAP sales amounted to $170.2 million, a 9% increase year over year, with approximately 21,000 pumps shipped [4] - Outside the United States, non-GAAP sales were $70.5 million, up from $65.2 million in the prior-year period [5] Margin and Expense Analysis - Gross profit for the quarter was $125.9 million, an 11.6% increase year over year, with gross margin expanding by 146 basis points to 52.3% despite a 5.2% rise in cost of sales [6][9] - SG&A expenses rose by 16.3% to $109.6 million, while R&D expenses decreased by 2.4% to $48.1 million [6] Financial Position - At the end of the second quarter of 2025, Tandem Diabetes had cash, cash equivalents, and short-term investments totaling $315.4 million, down from $368.6 million at the end of the first quarter [7] Future Guidance - The company provided full-year 2025 GAAP financial guidance, estimating sales to be approximately $1.00 billion, with U.S. sales expected to be $700 million and international sales projected at $300 million [10] Product Developments - During the second quarter, Tandem initiated an early access program for the t:slim X2 insulin pump with Control-IQ+ technology and received CE Mark for the Tandem Mobi insulin delivery system with Control-IQ+ technology [12]

金十数据5月28日讯，美银证券表示，小米首季调整后盈利超出该行及市场共识各5%及18%，得益于更 高的毛利率和营运费用控制，毛利率超出该行及市场共识预期各1.6及1.4个百分点，达到22.8%，推动 实际营运收超出该行预期27%。在智能手机方面，小米对行业出货量预测相对保守，但管理层强调专注 于在部分地区推动中高端智能手机交付，从而提升平均售价（ASP）并支持毛利率增长。小米管理层目 标在2025年成为中国第三大家电品牌，并看好长期增长潜力。此外，小米管理层对电动车需求充满信 心，供应仍是主要瓶颈，SU7与YU7共享同一平台，有助于灵活调整产能和零部件分配，应可支持毛利 率扩张。该行上调小米目标由63港元升至66港元，此按综合方式作估值（对其核心业务每股估值预测30 元（按预测明年市盈率22倍）、电动车业务每股估值36元，按2026年下半年至2027年上半年综合市销率 5倍作估值）。 美银证券：小米首季调整后盈利超预期 升目标价至66港元 ...

Core Insights - Koss Corporation's shares increased by 14.7% following the earnings report for the quarter ended March 31, 2025, outperforming the S&P 500's 4.5% growth during the same period [1] - The company reported net sales of $2.8 million, a 5.4% increase from $2.6 million in the same quarter last year, despite incurring a net loss of $0.3 million, slightly wider than the previous year's loss [1][2] Financial Performance - Gross profit rose to $1.1 million from $0.8 million year-over-year, with gross margin improving by over 600 basis points due to lower shipping costs [2][8] - Operating expenses increased to $1.6 million from $1.5 million, leading to a narrowed operating loss of $0.5 million compared to $0.6 million in the prior year [3] - Interest income contributed positively, reducing the pre-tax loss to $0.3 million from $0.4 million [3] Management Commentary - The CEO highlighted geographic expansion and new product sales as key growth drivers, particularly in Europe and Asia [4] - Direct-to-consumer sales also supported revenue growth [4] Market Dynamics - Sales to the education sector fell nearly 60% due to a postponed project, impacting overall performance [5] - The decline in domestic distributor sales also weighed on results [5][7] - The rebound in international distributor sales, especially in Europe and Asia, was a significant growth factor [7] Margin Analysis - Margin expansion was attributed to lower inbound freight and transit costs, although some gains were offset by write-offs related to obsolete inventory [6][8]