Duncan. Thanks,
As prior markets This increases previously except and in all semi. end million $XX across our X% were versus mentioned, orders fourth the reflected quarter year. increased
silicon $XX benefitted order market Our fourth markets. million life from crystal This year's by for and orders by driven orders I'll compared partially fourth automotive/EV approximately the Sequentially, semi you last orders but X%, serving with was semi for timing for growth. sciences, markets. declined orders induction last security carbide remind increased a our record solutions, year's offset and other that to quarter, our the of the $X.X heating million declined quarter
end the of versus backlog the was year XX% $XX year. up the million, Our prior at approximately
about sequentially better meet us is first demand. of of quarter increase customer Approximately the to beyond XX% enabling constraints XXXX. moderated, shipments supply backlog declined to as backlog Our chain the expected X% to ship
to I'd expectations outlook XXXX Now speak like for quarter Slide on of to the full our first our XXXX year XX. and
As we're we're excited we where enter XXXX, headed. about
are growth. achieve we the While high-single digit orders we can target, which organic our a may confident lumpy, be of that cadence represents bit quarterly revenue
customers trends positive they that Encouragingly, despite is this our over continue this market. fact, semi In see the in we back-end growth expect secular our long space the are term. indicating in to variability
our expand to partnerships and markets. our acquisitions strategic pursue and to continue we serve addition, In better portfolio target
be quarter $XX XX%. margin to in of We range of the gross the for a expect to revenue million, first of million with XXXX approximately $XX
First quarter be million amortization, asset or operating $XX.X expected should $XXX,XXX including run between after-tax. to expenses, million. approximately $XXX,XXX and is amortization Intangible pre-tax $XX.X
interest first should Given to XXXX $XXX,XXX for We be quarter. adjusted the of $X.XX should be while current our $X.XX, range quarter range in in rates, be expense to approximately and loan EPS to balances anticipate the EPS the $X.XX $X.XX. of
tax-affected a for expense. we As adjust amortization simply reminder,
industries the Customers has expect by products year technology be demand automotive/EV, all We acquisitions. broadened nearly markets. offerings our our driven and end growth been strengthening and across our where this life have exposure demand defense/aerospace strong digit in sciences through high-single to the we for
robust. semi crystal Additionally, silicon carbide of to applications our semi remains our expect half the We second demand growth back-end year. for around moderate the front-end in do
$XXX additional This not expected to from we potential is may make. range include the million full from any million. from impact XXXX Revenue to year $XXX acquisitions does
to $XX million $X.X XXXX, in margin of the This approximately the million million asset should year. This amortization range approximately consistent tax-adjusted be for gross translates XXXX expenses amortization to million. XX%. adjusted expected about of expense is expense $X.X Operating $XX to or to XX% a in includes earnings. determining of be with full intangible for Our
to to Our is XX%. XXXX effective similar approximately to expected or XX% tax rate be
expenditures XXXX to X% continue of between mentioned, Finally, sales. capital as Duncan run our expected to for are X% to
than XXXX the Slide greater goals CAGR we million we were that XX a growth to our the on XX% $XXX $XXX grown since success revenue of are implemented million, our outlined XXXX at against XXXX during This we expectations X-Point our revenue for have Day. demonstrates highlights plan. company will our Strategy. Investor Based having our
to our element may single us long-term growth, acquisitions, between in of then. strategy. revenue. to XXXX in coupled make between for with acquisitions We and additional million $XXX our million to we important an goal $XXX targets expect achieve of high-digit and are organic Acquisitions strategic now enabling includes continue drive This
flexibility We the allow capital opportunities our and us have have that structure on with an we of will execute active believe our we plan. to pipeline
XX, we given scale. Slide to to operating our expectations turn of our cash as growth, generation If can and drive $XX-plus earnings and for of we deliver million, meaningful divisional our us believe million, plan you'll positions XXXX. earnings $XX-plus adjusted approximately by power top-line EBITDA believe we $XX-plus all income to approximately million improve We
XX. Let Slide me sum up on
our have delivering noted, our As is X-Point I Strategy for results shareholders.
solutions to or high more that solutions productivity in engineered improve demand. customers are create enable Our themselves our effective
by certainly structure unlocking turn Our These the organization improvements potential for the greater creates We across our opportunities through discipline, are new more process of X-Point for sales accountability company. are reaching exciting us. company. This is has growing collaboration driven and segments technology-focused Strategy times force we the growth. in inTEST throughout the believe three more business and our prospects with even driving
that questions. let's lines the With open for operator,
