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Audinate Surpasses Guidance with Software Growth Amid Hardware Slump
7:43am on Monday 2nd of June, 2025 AEST
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Technology
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Audinate Surpasses Guidance with Software Growth Amid Hardware Slump
7:43am on Monday 2nd of June, 2025 AEST
Key Points
1H25 gross profit of US$16 million, down 29% year-on-year
Gross margin improved to 82% due to software revenue growth
Software revenue up 13%, offsetting hardware CCM product declines
Positive EBITDA and operating cash flow despite inventory challenges
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Audinate (ASX:AD8)
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