Quarterly revenue surged 70% year-over-year to $3.46 billion, driven by the ZT Systems acquisition and strong cloud infrastructure demand. Net income and margins improved, with $1.8 billion in cash and $2.2 billion in new term loans. The company faces increased exposure to cloud/AI cycles and macro…
Quarterly revenue surged 70% year-over-year to $3.46 billion, driven by the ZT Systems acquisition and strong cloud infrastructure demand. Net income and margins improved, with $1.8 billion in cash and $2.2 billion in new term loans. The company faces increased exposure to cloud/AI cycles and macroeconomic risks.
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