Asustek Computer Inc Regs (ASUUY) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.215 Hello, welcome to the ACES Q1 2025 00:00:03.215 -- 00:00:08.323 Online Investor Conference. Today's conference will be held by ACES Computer 00:00:08.323 -- 00:00:13.530 Co-CEO, Samsung Hu, and CFO Nick Wu. The conference will be divided 00:00:13.530 -- 00:00:18.697 into two parts. In the first part, CFO Nick Wu will start by outlining 00:00:18.697 -- 00:00:23.764 our quarter financial results. Next, our CEO will go over the 00:00:23.764 -- 00:00:26.288 operational strategy and business outlook. 00:00:26.288 -- 00:00:29.212 For the second part, we will be conducting a Q&A. 00:00:29.212 -- 00:00:32.838 You are welcome to raise any questions you might have in the panel on the left side of 00:00:32.838 -- 00:00:36.002 the webpage. Questions will be collected and answered. 00:00:36.002 -- 00:00:40.229 Let us start with the presentation from CFO Nick Wu. 00:00:40.229 -- 00:00:45.296 Dear investors, good afternoon. Please refer to slide 5. 00:00:45.296 -- 00:00:51.322 This page shows ASUS consolidated brand income statement for Q1 2025. 00:00:51.989 -- 00:00:56.235 First, our Q1 revenue came in at $135.2 00:00:56.235 -- 00:00:58.918 billion, up 18% year-over-year 00:00:58.918 -- 00:01:00.400 Revenue 00:01:00.400 -- 00:01:05.567 this quarter exceeded our internal expectations This was 00:01:05.567 -- 00:01:07.530 driven primarily 00:01:07.530 -- 00:01:12.597 by several factors The first being growth in the PC 00:01:12.597 -- 00:01:15.661 and laptop shipment growth 00:01:15.661 -- 00:01:21.014 Secondly, we also saw higher server shipments 00:01:21.014 -- 00:01:27.096 So both of these contributed to the stronger than expected performance. 00:01:27.275 -- 00:01:32.423 Next, please refer to our operating profit, 00:01:32.423 -- 00:01:35.845 w...