Thank you, investors. Ralph, and good afternoon,
steady XXXX, kind us were measures challenges with mentioned, responsibilities increased commitment I've been COO Ralph share to of the of I'm the one of dimension has a he to highlights tenure to no leadership this It's my progress role. XXXX of a today, team, to take to first and story forward discuss against But marked the XXXX I'm was that and that steady added challenges of looking financial year you Despite not the allowed and fourth on and a year chance on this quarter challenges, the that that of to at by asked to my also progress adapt to full to will As foresaw eager original has instability Bsquare of CFO the plans. call progress our you these new in by it's which the and results part year our be that was marked to XXXX, and certainly today. me return macroeconomic convey business fundamentals. Bsquare.
customers point-of-sale our hospitality, Solutions segment sales quarter-over-quarter, put primarily especially in pressure in and to the gaming Microsoft results for has third headlines of fourth was Revenue customers, flat $XX.X and the Total XXXX. continuing now revenue the full reflecting higher X% which Partner for for financial of pandemic was software our year than Turning quarter quarter XXXX fourth composed the casino quarter. of is the that on systems. million,
For the has of its the year, the quarter. followed revenue by returned a stable, to first remarkable And second quarter Partner second peak. a while Solutions half segment, was in difficult not
considerably from and QX Soft revenue relatively stable performance Segment margins in were Partner XX.X% Microsoft in quarter an fourth. profits. down rebates gross in XXXX, Solutions was unusually high strong gross entirely as but not at in from the offset in third repeated not were large by XX.X% QX,
the margins relatively XX.X%, produced The second importantly, of half stable the compared first gross modest half segment increase, a to but of a more in XX.X% result. XXXX
XX% quarter our the from figure results or and in results XXXX services related segment to or the $X.X to up $XXX,XXX made -- million gross to primarily XX%. propelled The quarter's and margins strong the XX%, in over engineering were or commitments for Turning $XXX,XXX in third revenue meet fourth in up and due year-over-year to third delivered our the Nonetheless, segment, of the quarter XX%, full fourth customers. XX% both was quarter prior our to XX% XXXX's segment Sales was XXXX Edge-to-Cloud decline gross segment below of up quarter. the throughout gross the XXXX. the software year in result investments margins profit largest
XXXX. in a but Solutions delivered to fell more particularly in margins revenue, to by unfolding. revenue more Edge for attention business expect predictable than to as our that Cloud the of costs We sales compressed summary in gross expectations close expected. our were of but taper customer provides of the expenses. with provided consistent of required spending, continue our met short marketing and our X and concise will the patterns Partner adjusted emergence resources administrative investments higher-than-anticipated We experience XXXX The gross these segments these investments margins. position our results year and
$X.XX XXXX $XXX,XXX which this fourth is compared or $X.XX quarter attention. quarter for diluted per net share. flat to of loss Our the results virtually was share, per loss overall $XXX,XXX show of third when the Net diluted or
QX in year do the fundamentals pandemic, losses our mentioned -- the the to frequently challenging return outset demonstrate full I reflect not of While do modest the by the at conditions XXXX remarks. that my results for and caused business comparative QX
or was net compared or a $X.X $X.XX year diluted XXXX, million full per net per share. the XXXX For $X.X $X.XX million to loss of loss share diluted
than XXXX better million as a was in EBITDA a to of EBITDA bright lower structure. third spot whole. our the $X.X Adjusted it to in measure XXXX. a create another was operating and QX and for quarter, performance, ongoing Fourth adjusted non-GAAP but sustainable operating adaptive $XXX,XXX was was discipline quarter EBITDA, for has cost was adjusted year Our helped than the it us intention more
a reminder, and noncash compensation certain and ongoing another restructuring adjusted stock-based expenses, amortization As perspective operations our some expense by on expenses, irregular excluding including EBITDA charges. provides
Finally, cash.
Bsquare either than added over XX, the Our XXXX, before joined cash was company. was XXXX. in the on date the December higher The fiscal same long a last balance million time on $X.X cash FRI year
to Our set efforts combined opportunities XXXX. decisions with careful well to obtain on in cash, conserve cash, business and new building continued have us for on up spending
the consume building However, likely, that business to rather than create near-term, is cash. in
investments heavy the return and opportunities million we do do anticipate equivalents, the $XX December days burn, the of investment short-term we on cash intend While grow increased cash not XXXX. in totaled to to we some cash restricted to business. have XX, Cash,
XXXX, remain. With will the on and close the of to emphasis looking XXXX progress steady
Our the march we speak assets along journey can deploy the and about that and will momentarily to continues. Ralph will way.
some pandemic is and not the fully However, in unevenness Solutions We in the grip uncertainty see unpredictability segment in particular. the yet remains Partner still of released.
time will forward future-focused business. the for As providing your be answering any a not this and from to I the and guidance your time, call. at look result, the commentary and questions of Thank attention, at we providing refrain end you about will additional
Ralph. me to turn over things back Let
