@RyanU_1F42B This is 77% growth, from literally the start of the CPO supercycle H1 2026.
I’d expect that number to just keep on compounding exponentially as we approach H2 2027, which is the true inflection of scale up CPO.
Only thing to look at with $SIVE earnings is forward growth.
Nobody cares about pre-development contract earnings from 2025 or last quarter, especially for qualification cycle optical players.
Having 77% growth of opportunity pipelines (revenue volume ramp projections), to $799m
In a quarter is absolutely incredible growth. And, I’d expect to see that continue compounding.
“The company continues to anticipate several volume production starts within AI data centers” (photonics/lasers).
Is also very positive and validates the thesis about volume ramp for photonics.
Now next thing to look at is earnings call transcript, once they’re indexed, which is the most important signal of what’s to come.
Overall, very positive.