Current Highlights
- Non-GAAP revenues of $420M, up 1% year over year and down 3% quarter over quarter
- Video revenues of $116M, up 15% year over year and down 16% quarter over quarter
- Non-GAAP operating income of $53M, down 10% year over year and up 2% quarter over quarter
- Demand remains strong, but sales impacted by supply-chain challenges
- Margins impacted by increased shipping cost and spot market purchases to address demand
NOTES
This note covers the three months ending October 2, 2021.
