Q1 2025 Earnings Call notes - 4/23/25
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They took 85% of the Industry’s EndPoint IC growth and are the Market Leader. Had a strong Book-to-Bill and that continued into April. Endpoint IC volume will increase in Q2 vs. Q1.
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Their direct engagement with 2 large grocers for item level tagging continues to move forward, This is likely a 2026-2027 opportunity.
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A new retailer in Europe is adopting their solution for Loss Analytics, which does not require 100% tagging like their visionary European retailer requires. This is a 2H25 opportunity that is happening now.
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A Lot of Congrats from the analysts which usually leads to favorable updates.
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M800 will become their volume leader sometime later in 2025.
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A large opportunity is developing in the retail supply chain for fixed reading throughout the product cycle.
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UPS deployment continues and will see growth in 2025 vs. 2024.
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They mentioned lower cost wafers twice.
Cooters