Quarterly guidance

Revenue
$385 million to $420 million
Non-GAAP Gross Margin
29.5% to 31%
Non-GAAP EPS
$0.48 to $0.63
CATV Revenue
$105 million to $115 million

Annual guidance

Annual guidance
No specific annual guidance was given.

Outlook

Data Center Demand
Demand for 800G and 1.6 terabit modules is expected to exceed production capacity throughout 2027.
Capacity Expansion
The company aims for a monthly revenue run rate of $471 million by the end of 2027.
Construction Delays
Phase II capacity expansion is delayed by several months due to electrical power and construction issues.
100G Weakness
Weakness in 100G transceiver sales is expected to persist until memory supply recovers.
Laser Manufacturing
The company plans to expand laser manufacturing capacity in Texas to support future growth in CPO and related technologies.
CATV Software
The company anticipates generating revenue from software solutions beginning next year.
Supply Chain
Management expects DSP supply constraints for 1.6T products to improve in the first quarter of next year.