Asetek – Q2 2015: Revenue Growth
August 12, 2015 · Record quarter and first half year revenue driven by DIY desktop product sales · Data center segment delivered first revenue from a significant OEM purchase agreement in the second quarter 2015, a strategic milestone for the company · Gross margins down due to increase in lower margin DIY product sales and a one-time charge related to product quality assurance within the desktop segment · IP portfolio strength demonstrated via patent infringement lawsuit settlement of $1.9 million · Expecting significant revenue growth in the desktop segment in the third