Ultralife (NasdaqGM:ULBI) Q3 2025 Earnings Call November 18, 2025 08:30 AM ET Speaker3Good day, and thank you for standing by. Welcome to the Ultralife Corporation Third Quarter 2025 results call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising that your hand is raised. To withdraw you ...

Core Insights - Cirrus Logic Inc. has expanded its collaboration with GlobalFoundries to enhance semiconductor technology development and commercialization, impacting various industries including consumer electronics and automotive [1][10] Group 1: Collaboration and Technology Development - The partnership focuses on developing BCD (Bipolar-CMOS-DMOS) process technology, which integrates three semiconductor processes on a single chip, leading to more compact and efficient devices [2] - The BCD technology will be manufactured at GlobalFoundries' facility in Malta, NY, providing a U.S.-based manufacturing option alongside existing production in Singapore and Germany, enhancing supply chain resilience [3] - Cirrus Logic and GlobalFoundries are also collaborating on Gallium Nitride (GaN) technology, which offers high power density and energy efficiency, allowing Cirrus Logic to expand into new markets [4] Group 2: Market Position and Growth Opportunities - Cirrus Logic is gaining traction in the laptop and next-gen smartphone markets, driven by the launch of new amplifiers and a 22nm smart codec in fiscal 2025, which broadens its revenue opportunities [5] - The partnership with Intel on Arrow Lake enhances Cirrus Logic's presence in laptops, with new solutions improving audio quality and contributing to the growth of the mixed-signal market, projected to expand from $6.8 billion in 2025 to $8.5 billion in 2029 [6] Group 3: Risks and Challenges - Customer concentration poses a significant risk, as losing a major customer or facing a decline in sales could adversely affect revenue and margins [7] - Cirrus Logic is also contending with macroeconomic uncertainties, tariffs, and currency fluctuations, which could disrupt operations and impact growth [8] Group 4: Stock Performance - Cirrus Logic currently holds a Zacks Rank of 3 (Hold) and has experienced a stock price decline of 19.3% over the past year, contrasting with a 35.1% growth in the Zacks Electronics-Semiconductors industry [9]