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Audinate Surpasses 1H25 Guidance Amid Transition, Eyes Growth in FY26
8:26am on Monday 17th of February, 2025 AEDT
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Technology
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Audinate Surpasses 1H25 Guidance Amid Transition, Eyes Growth in FY26
8:26am on Monday 17th of February, 2025 AEDT
Key Points
1H25 revenue down 38% due to inventory adjustments but software revenue up 13%
Gross margin improved to 82.2% reflecting shift to higher-margin software products
Strong pipeline with 15% increase in OEM design wins and 196 new AV products launched
Robust balance sheet with A$111.3 million cash and term deposits
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