Q3 FY25 Performance - Total net revenue reached $113.2 million, a 12% increase year-over-year[11] - Net loss improved to $1.3 million, compared to a net loss of $6.3 million in the prior year period[11] - Adjusted EBITDA was $6.0 million, a significant increase from $1.1 million in the prior year period[11] - Product revenue increased by 16% and Service revenue increased by 9% year-over-year[23] - The company delivered 27 systems to customers, representing a 23% increase globally year-over-year[25] China Margin Impact - Net China Margin impact for Q3 FY25 was a deferral of $2.4 million[20] - The company expects a full-year FY25 net release of approximately $0.5 million related to China margin[22] - Gross Margin excluding China Margin Impact for Q3 FY25 was 30.1%[20] FY25 Guidance - Revenue guidance revised to $452 million - $460 million, representing a 1%-3% year-over-year growth[26] - Adjusted EBITDA guidance remains at $28.5 million - $31 million, projecting a 45%-57% year-over-year growth[26] Non-GAAP Measures - Adjusted EBITDA for the nine months ended March 31, 2025, was $18.8 million, compared to $9.6 million for the same period in 2024[23,32] - The company provides reconciliations of GAAP to non-GAAP measures like Adjusted EBITDA and Gross Margin excluding China Margin Impact[7,21]