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Q2 Beat Driven by Stellar Blu Acquisition; Weak 1H Organic Growth to Reverse in 2H. Blowout Q2 results. Revenues and AEBITDA grew 37% and 17%, beating the consensus forecast by 5% and 28%, respectively. Management raised low end revenue and AEBITDA guidance, raising midpoint guide by 2% and 3%. Stellar Blu delivers. Despite a slow start and a key component shortage, revenues ramped from $25M to $36M sequentially. Full-year target of $120-150M intact.
Monday, August 18, 2025
From USD 500 - 500
Q2 Beat Driven by Stellar Blu Acquisition; Weak 1H Organic Growth to Reverse in 2H. Blowout Q2 results. Revenues and AEBITDA grew 37% and 17%, beating the consensus forecast by 5% and 28%, respectively. Management raised low end revenue and AEBITDA guidance, raising midpoint guide by 2% and 3%. Stellar Blu delivers. Despite a slow start and a key component shortage, revenues ramped from $25M to $36M sequentially. Full-year target of $120-150M intact.
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