Actel Q1 rev growth 2-5% YoY, gross margin 58%, op exp $29.8mln.

• Actel Corp Q1 revenue to grow 2-5% seq • Gross margin expected at 58% • Operating expenses $29.8m, including $3.3m in stock-based compensation • Other income $1.2m • Tax benefit expected • Digital data focus not mentioned in the article

Jerash Holdings (JRSH) reported strong financial performance for the fourth quarter of 2025, with revenue growth and gross margin expansion driven by strategic initiatives and operational efficiency. The company's chairman and CEO, Lin Hung Choi, highlighted the significant demand from existing customers and new inquiries from brands and large apparel manufacturers seeking collaboration. Despite challenges posed by geopolitical instability and logistics disruptions at Haifa Port, Jerash Holdings secured a major initial order through a strategic collaboration with Hansoll Textile, one of the largest importers in South Korea [1].

Revenue for the fiscal 2025 fourth quarter increased by 35.6% to $29.3 million from $21.6 million in the same quarter last year, reflecting an increase in shipments to major U.S. customers. Gross profit for the fiscal 2025 fourth quarter advanced nearly 250% to $5.2 million from $1.5 million in the same quarter of last year, attributed to higher production and shipment volume. Operating expenses rose to $4.8 million, including a 4.7% increase in SG&A and an $83,000 increase in stock-based compensation. Operating income was $434,000 compared with an operating loss of $3 million a year ago. Net loss narrowed to $144,000 or $0.01 per share from a net loss of $3.1 million or $0.25 per share in the prior year period [1].

The company's CFO, Gilbert Kwong-Yiu Lee, stated that revenue for the fiscal 2026 first quarter is expected to be approximately $38 million to $40 million, pending outbound shipping port conditions for the remainder of June. The gross margin goal for fiscal 2026 first quarter is expected to be approximately 15% to 16%. Lee also noted that the effective tax rate is expected to normalize going forward as consolidated income rises and adjustments are now behind us [1].

Jerash Holdings is focused on driving continued growth and operational efficiency. The company's expansion at the Oman facility is expected to increase capacity by 15% starting in fiscal Q2, with plans for a 5% to 10% further increase at the Al-Hasa factory by early 2026. The company's strategic shift to Aqaba Port, which has lower transportation costs, is also expected to improve gross margin. Additionally, the termination of the joint venture with Busana and the deepening of collaborations with global industry leaders like Hansoll Textile signal a shift toward direct customer engagement and diversified growth [1].

References:
[1] https://seekingalpha.com/news/4461138-jerash-targets-38m-40m-q1-revenue-and-15-percent-16-percent-gross-margin-as-capacity-expands