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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Spectra7 Microsystems
Spectra7 Microsystems (SEV) investor relations material
Spectra7 Microsystems has been delisted
Spectra7 Microsystems Q3 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2024 earnings summary10 Nov, 2024
Executive summary
Appointed Omar Javaid as new CEO, bringing over 25 years of tech leadership experience.
Focus on expanding customer engagements in data center and AI backend networks, with new 112Gbps and upcoming 224Gbps products.
Financial highlights
Q3 2024 revenue was $0.2 million; nine-month revenue was $1.8 million, down 81% year-over-year from $9.6 million.
Gross margin for the nine months was 47%, compared to 59% in the prior year.
Non-IFRS operating expenses for the nine months were $6.9 million, down from $7.1 million in 2023.
Basic and diluted loss per share for the nine months was $(0.15), compared to $(0.10) in the prior year.
EBITDA loss for the nine months was $5.2 million, compared to a $1.0 million loss in the prior year.
Outlook and guidance
224Gbps product expected to be released for fabrication next month, with first parts anticipated in April 2025.
Forward-looking statements highlight plans to transform strategy, secure key customer wins, and accelerate growth.
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Frequently asked questions
Spectra7 Microsystems Inc. is a company specialized in the development of high-performance analog semiconductors. These semiconductors are designed to enhance bandwidth, speed, and resolution, which facilitate disruptive industrial designs for electronic manufacturers. The company primarily serves markets in virtual reality, augmented reality, mixed reality, and data centers. The company is headquartered in San Jose, California, and its shares are listed on the TSX.