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Audinate ASX announcement 22 April 2021 Level 7 , 64 Kippax St. Surry Hills NSW 2010 Australia Audinate Quarterly Trading Update Audinate Group Limited ( ASX : AD8 ) , developer of the professional AV - industry leading DanteⓇ media networking solution , is pleased to provide the following trading update . Audinate has generated unaudited US dollar revenue of US $ 7.0 million for the third quarter of FY21 , which is up 31 % from the equivalent prior year period . The current period benefited from channel fill of newly released Bluetooth and USB - C AVIO adaptors , as well as an increase in orders from customers managing global supply chain concerns . Relative to 1H21 there has been continued strengthening of chips , cards and modules revenue particularly from the entire range of AVIO adaptors , Ultimo chips and to a lesser degree Brooklyn modules . Commenting on third quarter performance , Audinate CEO Aidan Williams said : “ We are pleased with the ongoing revenue trajectory of the business and the initial contributions from our new AVIO adaptors . However , we are closely watching global supply chains for potential negative impacts on both our customers and Audinate , which may constrain our near - term revenue and growth . " " Along with our manufacturing and OEM partners , we are working to mitigate supply chain challenges and expect this near - term uncertainty to resolve itself as CY21 progresses . We remain very confident in the long- term outlook for the business . " Changes to the Executive Leadership Team Audinate co - founder Dr Varuni Witana , PhD has been promoted to the role of Chief Technology Officer . Having worked with CEO Aidan Williams to develop the core Dante technology at NICTA and to found Audinate , Varuni holds intimate and detailed knowledge of the complete Audinate technology stack . In her new role at Audinate she will be responsible for research and development activities and oversight of technology architecture . Josh Rush has also been promoted to the position of Chief Marketing Officer , which expands his current responsibilities to management of the existing sales organisation . Prior to joining Audinate his previous roles included VP of Marketing & Product at Vesta ( electronic payment solutions ) and Digital Home Marketing Manager at HP . Commenting on the promotions , Mr Williams said : " I am thrilled to have someone of Varuni's calibre and track record in such an important role for Audinate . I'm confident she will continue to drive our long term strategy forward through innovation and R & D . Additionally , we are pleased to further expand Josh's role to incorporate the global sales function . His market and product knowledge combined with a strong analytical approach will bring immediate benefits to our global sales teams . In both cases it is pleasing to promote long - standing employees to critical roles , which is a strong indicator of both the ongoing opportunities for our staff and of the quality of the team we continue to build at Audinate . " Authorisation : This announcement was authorised by the Board of Audinate Group Limited 1