Financial Performance - Net sales increased by 2.6% to $359.3 million compared to Q1 2024[8] - Adjusted EBITDA increased to $54.5 million, a 4.2% increase from $52.3 million in Q1 2024[8, 13] - Adjusted EBITDA margins were 15.2%, up from 14.9% in Q1 2024[8] - GAAP net loss totaled $(0.3) million, an improvement from $(1.5) million in Q1 2024[8] Segment Performance - Hardware and Protective Solutions (HPS) revenues increased by 5.6% to $274.4 million[8, 13] - Robotics and Digital Solutions (RDS) revenues increased by 1.9% to $56.5 million[8, 13] - Canada revenues decreased by 18.7% to $28.4 million[8, 13] Supply Chain and Strategy - The company has diversified its supply chain, reducing China exposure from 49% in 2018 to 33% in 2025[17] - The company aims to further reduce China-based supplier exposure to approximately 20% by the end of 2025[9, 18] Capital Structure and Guidance - Net Debt / Adjusted EBITDA (ttm) was 2.9x at quarter end[8, 20] - The company reiterated FY 2025 Net Sales and Adjusted EBITDA guidance[9, 24]