Parade Technologies (4966) Q2 2025 earnings summary

Executive summary

• Q2 2025 consolidated revenue reached $133.50 million, up 5.76% sequentially and 10.45% year-over-year, with net income at $22.79 million and EPS of $0.29.

• Revenue for the six months ended June 30, 2025 was NT$8,266 million, up 7% year-over-year; net income reached NT$1,366 million, a 20% increase from the prior year period.

• Gross profit for Q2 was $57.55 million, increasing 7.12% from Q1 and 12.22% year-over-year.

• Gross margin remained stable at 43% for both the current and prior year periods.

• Acquisition of Spectra7 Microsystems completed in April 2025, supporting expansion into data centers, AI computing, and next-gen consumer electronics.

Financial highlights

• Q2 revenue: $133.50 million; net income: $22.79 million; EPS: $0.29 (basic and diluted).

• Cash and cash equivalents stood at NT$9,234 million as of June 30, 2025, down from NT$10,352 million a year earlier.

• Total assets were NT$23,160 million at June 30, 2025, compared to NT$25,889 million at June 30, 2024.

• Dividend distributions for the first half of 2024 amounted to NT$724.6 million (NT$8.93 per share).

• Operating cash flow for the six months was NT$1,512 million, with net cash outflow from investing activities of NT$432 million.

Outlook and guidance

• Q3 2025 revenue guidance: $140 million–$154 million.

• Q3 gross margin guidance: 42%–46%.

• Q3 operating expense guidance: $32 million–$35 million.

• Management expects continued growth in high-speed interface and display chip markets, leveraging the Spectra7 acquisition for expansion into high-growth sectors.

• Capital management remains focused on supporting R&D, working capital, and dividend payments over the next 12 months.