Financial Performance - 2Q 2025 revenues reached $762.3 million[26], compared to $715.2 million in 1Q 2025 and $741.2 million in 2Q 2024[27, 65] - Gross margin was 19.5%[26], including a negative impact of approximately 160 basis points related to Newport[26] - Adjusted EPS was ($0.07)[26], while GAAP EPS was $0.01[26] - Free cash flow was negative $73.2 million[68] Segment Results (2Q 2025) - MOSFETs revenues were $148.6 million with a gross margin of 6.3%[31] - Diodes revenues were $147.9 million with a gross margin of 20.0%[31] - Resistors revenues were $194.8 million with a gross margin of 22.8%[32] - Capacitors revenues were $121.1 million with a gross margin of 21.5%[32] Revenue Mix and Growth - Industrial end market increased by 9% QoQ and 2% YoY[16] - Automotive end market increased by 4% QoQ and remained flat YoY[16] - Distribution channel increased by 11% QoQ and 5% YoY, accounting for 56% of revenue[18, 19] - Asia region increased by 12% QoQ and 12% YoY, accounting for 42% of revenue[22, 23] Guidance - 3Q 2025 revenue is expected to be $775 million, +/- $20 million[46] - 3Q 2025 gross margin is guided at 19.7%, +/- 50 bps, with Newport impacting negatively by 160-185 bps[46]

Financial Performance - 1Q 2025 revenues reached $715.2 million[25], slightly above 4Q 2024's $714.7 million[26] but lower than 1Q 2024's $746.3 million[26] - Gross margin was 19.0%[25], including a negative impact of approximately 200 bps related to Newport[25] - The company reported a loss per share (EPS) of $(0.03)[25] and an adjusted EPS of $(0.03)[25] - Adjusted EBITDA margin was 7.6%[27] Book-to-Bill Ratio - Overall book-to-bill ratio was 1.08[25] - Semiconductors had a book-to-bill ratio of 1.12[25] - Passive components had a book-to-bill ratio of 1.04[25] Revenue Mix by End Market - Industrial sector accounted for 34% of revenue in 1Q25[17], showing a 3% QoQ increase and a 1% YoY decrease[16] - Automotive sector represented 33% of revenue in 1Q25[17], with a 2% QoQ increase and an 11% YoY increase[16] - Other sectors contributed 14% of revenue in 1Q25[17], showing a 4% QoQ increase and an 8% YoY increase[16] - Aero/Defense sector accounted for 11% of revenue in 1Q25[17], with a -5% QoQ decrease and an 8% YoY increase[16] - Medical sector accounted for 5% of revenue in 1Q25[17], with a -1% QoQ decrease and a +6% YoY increase[16] Revenue Mix by Region - Europe accounted for 36% of revenue in 1Q25[23], showing an 8% QoQ increase and a -6% YoY decrease[22] - Asia accounted for 40% of revenue in 1Q25[23], with a -3% QoQ decrease and a 0% YoY change[22] - Americas accounted for 24% of revenue in 1Q25[23], with a -6% QoQ decrease and a -8% YoY decrease[22] Guidance for 2Q 2025 - Revenue is expected to be $760 million, with a +/- $20 million range[48], representing an approximate 1% to 2% increase versus 1Q[46] - Gross margin is projected at 19.0% +/- 50 bps[48], with a negative impact of 175-200 bps from Newport[48]