Strong Revenue Growth
Global revenue growth of 10% year-over-year, driven by strong market performance across U.S., Europe, Asia, and other regions.
Device and Mask Sales
Device sales increased by 11% globally, with double-digit growth in the U.S., Canada, and Latin America. Masks and other sales also grew by 11%.
Gross Margin Expansion
Achieved 230 basis points of margin expansion in non-GAAP gross margin to 59.2% year-over-year.
Non-GAAP Earnings Increase
Non-GAAP earnings per share increased by 29% year-over-year.
Cash Flow and Liquidity
Strong cash flow from operations at $309 million and a solid liquidity position with a cash balance of $522 million.
Innovations and Collaborations
Launch of AirTouch N30i and collaboration with Apple on the Kontor Head Strap for Apple Vision Pro.