Reports Q4 revenue $105.49M, consensus $103.23M. Commenting on fourth quarter performance, Patrizio Vinciarelli, CEO, stated, "Demand has fallen short of last year’s peak and is anticipated to stay subdued until new AI, datacenter and automotive applications using advanced Power Distribution Networks (PDNs) get to production ramps. The Q4 book-to-bill came in far below 1 while backlog, which declined to $304 million, can only support essentially flat quarterly revenue in the near term."
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