for Thank will you, I our review and morning, fiscal of Michael, and provide outlook. good half metrics and on some quarter XXXX first commentary our second year additional year key XXXX fiscal everyone.
otherwise review XXXX. unless details of the our the nature reconciliations such Regardless, results As comparisons. our results, on a for results note half of appendix. will stated, non-GAAP reminder, the first and and fiscal presentation focuses second #XX the all in this year our appear within I quarter GAAP Slide
was on million million. Product of the service approximately end approximately year-over-year and perspective. quarter, a backlog accounting consisting year-over-year propagation million of propagation and with both frequency grew frequency $XX revenue $XXX.X XX% our radio nearly revenue from million, $XX total modeling an the $XX grew revenue projects, orders quarterly Focusing the grew categorized deferred our X.X%, $XX radio of as total At of million to fulfillable on modeling basis. performance, X.X% approximately of amount revenue
be steps into execution year-over-year. fulfillable require carrier's points while the radio margin reminder, percentage in with they projects a frequency believe shipment X.X was can those As propagation to quarter, Gross readily or the conjunction we down revenue. the revenue upon second timing orders before modeling in are fulfillment, profit converted convert can certain XX.X%
travel was of had an of $X.XX. same in This impacted by $X.XX due quarter's frequency X.X% employment statements, year. market. and modeling due diluted gross radio margin in of year, quarter a earnings with partially an $X.XX compared share operating We representing the projects, pre-pandemic of margin propagation the and was last less expenses XX.X% year-over-year, share I'll per million earnings the operating average increased quarter reported XX.X% same year-over-year. earlier repeat, with Diluted last was activities the Clarifying than profit to which $XX an as in-person competitive XX%. Quarterly such gross to increase XX.X% approximately compared of per mostly margin events return
note like Turning and revenue a now lines. by product on Please to verticals other basis, our year-over-year here Slide remarks. customer with I'd are all XX, consistent comparisons review key that to trends
our first the revenue provider of months while X.X%. service vertical vertical For customer XX%, year XXXX, enterprise customer X fiscal revenue grew our grew
enterprise During accounted provider while the the revenue, for total vertical accounted same period, approximately for our remaining XX%. customer our customer of XX% vertical
Now our product lines. turning to
our For the cybersecurity first our by increased while year by revenue XX.X% service of fiscal X.X%. half revenue XXXX, increased assurance
period, our XX%. approximately XX% same for the total assurance line cybersecurity revenue, service the product while product accounted for accounted of our During our remaining line
Tier to revenue revenue half X the more In of XXXX, related mix. Turning concentrated which to radio first propagation than primarily domestic Slide fiscal usual our in to frequency geographic revenue from the XX, our modeling shows due higher carriers. U.S., projects year was
in our and our year Slide with the total securities, first XX representing was and flow highlights fiscal since and in million sheet $XXX.X of the balance half Additionally, fiscal We quarter of quarter equivalents year -- million. one revenue ended the million the flow. cash cash a the first our or of quarter sorry, Free represented of cash, since $X.X of fiscal more quarter free cash details the end customer second the of XXXX. the marketable second XX% for decrease XXXX. end $X.X
year DSO our share December be prior decrease with to briefly of expires of days From XX, to XXXX a anticipate shares repurchase the concludes program the XX% at days in the million, reminder of second first July received ended and in million million when or metric the accelerated with the than regard $XXX.X repurchase to $XXX the other ASR perspective, We year million to in fiscal quarter end our activity, the the XX of end repurchased shares. receiving debt fiscal XXXX We XX% of total shares stock. the estimated our approximately quarter remaining into approximately XX, pursuant agreement approximately year first X.X year a of we our To we was entered of $XXX share As program XX no fiscal quarter agreement XXXX. the revolving XXXX. repurchase million days our March million program an quarter receivable common of versus the of at on XXXX quarter accounts second XXXX. The was of at end a year the XX fiscal $XXX outstanding net our balance highlights, sheet facility, which second XXXX. of credit representing $X.X recap since later
for move Let's fiscal Slide non-GAAP our for targets our on XXXX. focus to outlook. I will on XX year review commentary my
last year our fiscal We XXXX August non-GAAP during call XXXX that earnings our presented fiscal are for XXXX. was X, year first quarter outlook on reiterating
second also stock like $XXX per offset accelerated a be single-digit the and we million, $X.XX $X.XX. million the rate in revenue of fiscal diluted $X.XX per $X.XX earnings fiscal for $XXX be shares non-GAAP reminder, it's to dilution, which XXXX, million in I'd weighted outstanding, share color To assuming to the for the to mid- XX we growth a includes share With comments, million a to of the anticipated XX anticipate estimated clarify average partial XX% to effective half guidance. year reiterate high previous between some to compensation our As million diluted XX%, and $XXX the year program. range of tax from repurchase and top is on The impact earnings offer between implies which rate. line XXXX. expect share for range and of
we we be quarters, evenly revenue nearly our fourth X to non-GAAP higher between in revenue and XX% year fiscal and Assuming quarter approximately earnings third points and the expectations second quarter our XXXX midpoint our third of range, will be third share, that our currently percentage anticipate for revenue quarter With split to receiving revenue remaining quarter approximately our midpoint with in anticipate outlook assuming of to than between EPS X the fourth third in the the our regards fourth quarter. range, the SKU half the XX% fourth per quarter. currently
As a we activities, my will which quarter discussed frequency product previously, have formal project higher of our mix has results. review financial gross margin. lower of third gross propagation a contain concludes That margin radio our modeling
Before upcoming Q&A. to to note we our transition IR that turn like quickly for on over Q&A, participation you, I'd and operator call is to listed conference the I'll XX. Thank now Slide the
