Management remarks
Call period: 2027 Q1 · 2026-09-01
Guidance: Daniel Fleming: We expect Q2 non GAAP gross margin to be within a range of 67% to 69%.Demand and orders: Daniel Fleming: Year over year, revenue grew 115%, Q1 marks another revenue record driven by substantial year over year growth across 4 domestic customers, and marks our seventh consecutive quarter of triple digit revenue growth year over year.Margins: Daniel Fleming: Our team delivered Q1 non GAAP gross margin of 68% at the midpoint of our guidance range.Analyst Q&A
Analyst Sean O'Loughlin asked: Maybe we could just you know, get some blocking and tackling on the Daniel, you mentioned the 3 to 4 customers. Will be greater than 10% and you are continuing to diversify. Management Daniel Fleming answered: Yeah. Sure. Let me start with just the percentages of those, 10% plus customers. So our largest customer was a third of our revenue at 33%; second largest, 28%; and then followed by 13% and 10%. Those top 3 customers were similar to or the same 3 as in the prior quarter. A slightly different order. 1 thing to note, our fourth 10% customer, right at 10%, was different from our 10%, you know, fourth customer last quarter. They have been a 10% customer in the past.管理层陈述
电话会期间：2027 Q1 · 2026-09-01
指引：丹尼尔·弗莱明表示，我们预计第二季度非GAAP毛利率将处于67%至69%的区间内。需求与订单：丹尼尔·弗莱明表示，营收同比增长115%，第一季度创下另一项营收纪录，这得益于4家国内客户的大幅同比增长，同时这也是我们连续第七个季度实现同比三位数营收增长。利润率：丹尼尔·弗莱明表示，我们团队实现的第一季度非GAAP毛利率为68%，处于我们指引区间的中点。分析师问答
分析师肖恩·奥洛林提问：能否介绍一下营收占比超10%的3至4家客户情况以及业务多元化进展？管理层丹尼尔·弗莱明回应：营收占比超10%的客户中，第一大客户营收占比33%，第二大客户28%，后续依次为13%和10%。前三大客户与上一季度一致，仅排名略有变动；第四家占比10%的客户与上一季度的第四大客户不同，该客户此前也曾是占比10%的客户。This earnings-call research was prepared from company results, regulatory filings, financial statements, and earnings-call transcripts or official replays. It is for informational purposes only and does not constitute investment advice.这篇财报电话会研究基于公司公告、监管文件、财务报表，以及真实电话会文字稿或官方回放整理。内容仅供参考，不构成投资建议。
