joining thank Thank you, operator. third for And Good you XXXX us call. Telkonet’s afternoon. earnings quarter for
morning's the periods in year. a which to performance pleased our is full share nine seen and increase is Telkonet prior year-to-date earnings our XX% over results, and release, and XXXX XX% previous years' year demonstrates over three month exceeds As this
allowed part what our years to to by commercial engineer comprehensive hardware comprehensive management These comprised for such others security as developed and leader position management, not EcoSmart solutions. that in because as are and automation Telkonet strategic platform a platform. to as beyond solutions a such deploy solutions internationally, EcoSmart last integrations, property they've results enhanced lighting by are by integrations These service, and our and technologies solutions, several we seeking over market domestically offered a automation customers demand largely demonstrated building expanding relationships, and simply and growth us the as both due efforts in Telkonet to These and market those to of platform. of continued automation energy products key the our
success well forward A this been towards company's partnerships to as far pipeline moving efforts our backlog new international penetration. significant our and year, has contributor market the thus as and
partnerships Telkonet addition seen South of including widespread the existing new the has growth and regions, including and Canada, regions, activity America and Europe Middle from new and In Asia. and in to Oceana interests East
success to and Air reach audience Varis, Assa brought Onity, and Resorts Islandaire, Hotel the a property, to Sydney, Australia a and representing over wins Sheraton the market is effort the Japan, most famous in arguably including penetration. have iconic region's Doha, prestigious Fairmont others. in Partners Misawa number engage the beginning, last Trane, Force Abloy numerous the our and expand and in business, of wider Base year of This including Qatar, just fruits the extensive Telkonet
We will expect Telkonet’s of quite overall and international annual that much rapidly percentage sales grow larger become revenues. a
of our Qatar the have As our proof, the from These continued properties coming partners. technology meetings recent returned channel least and at year. efforts we strength additional three the of with success our insurances ownership in with of demonstrate international just
wide growth to selection in deploy solution. automation and as space, in of acceptance programs, the portfolio in The technology within panic programs in to comprehensive expensive a well industry, Connected wild request continued themselves, and as of an initiatives, the RFP to with participation a a the newly participate resorts, of participation solutions Hilton participation franchise of and directly others. number emerging for within on move These franchise operators and growth mandated expansion in large and proof button Room including seeking existing including hospitality opportunities. As rapid recognized the the include continued begun we’ve the new franchise
demonstrate the is of development an solution leads including opportunities revenue software, by and our to EcoSmart of interest number and the mobile Telkonet, both broad majority solutions. acceptance of and and space offering integrations solution, the of market the addition available, solution Telkonet only leading in With continued the full within due hardware, where the in space. as This all automation the quality industry, developed analytics, expansion our these aspects area services hospitality within to complete within generated deployed with the of hospitality integration the lifecycle and hospitality first
this educational to the Another space. revenue market year has contributing Telkonet growth significant the for been
alone NYU, Academy, increase Culver-Stockton, With quarter direct interest increase the the channel and Penn sustainability for with activity have savings and continued vertical, year-over-year A&M, to from State numerous Texas and in the alike continued seeing this and Guard sales Coast others.
for sales and future vertical in to expansion continued marketing growth. efforts this target increased Our
the Of is note growth our of significant opportunity. military recent housing
of in contributor our year's many totaling a to you of full As housing opportunity Hawaii was performance know, X,XXX military award this prominent first homes. the approximately
notified the recently the While award several These of the one two well portfolio this been of across military verticals, opportunities and project not is that trials additional and market strength support of of ongoing, platform product as additional basis, versatility as a deployment through to totaling has prove channels additional thousand it Telkonet the we but the strategy. both were broad and variety homes. delivered a
of this earnings gross prior approximate year, has you’ll Of profit prior see the of been current calls, the discussed mirrors on decreased amount as cost tariffs. Telkonet from the particular full that note,
and place reorganization increase overall wide see and will including significantly adjustment restructuring reduced the catalog results margin, to that our generate a has we’ve took comprehensive that has gross that close begun overhead. SG&A You to also that the quarter made reprising and quarter within in business a in
combined has rapid expertise to profitability. contribute rapid into line be with the significantly our always solution. the move the company’s company We measures moving of growth, to key to and these always comprehensive strength forward will bottom contributor our and development, expect A innovation, market been technology and successes
and deployment benefits of and we’ve costs. to technology, we’ve While development the reap the efforts past invested those XX in the months development heavily the begun to of
earlier, products military of new the are investments. result direct mentioned technology As proof, efforts through developed and these the
provide our evidence as our direct the well. Hilton participation addition, products Room In opportunities in Connected like certified and
brand that a This lock is directly and standard panic becoming We interest become rapidly enormous in program new through Bluetooth. of product rapidly using with door efforts, released that the of fourth of integrations providers us year. in standard to as will what be integrate we in industry, also a has new has these already participate number this the the quarter that companies innovations Also, generated as the enable of becoming set new such part to one developed this are first technology to technology. button in
utilize that innovation capitalize moving industry in is type Telkonet ZigBee with base, development and to of existing including is technology what in to product first in customer function providers newest deployments. the to these Ruckus the providers one primary their partner architecture the we've maintain or our evolution us This broad available, platform on and with industry to Lastly, fast technology efforts, landscape. a for audience our Aruba, technology become products their partner leadership leaders development and enables of and through utilizing our networking where enables their infrastructure as deployments. new technology, competitive This incorporating significant
enabling pushed growth, additional due to that of backlog to the though significant us This representing in verbal in demonstrates successful understanding completed into opportunities opportunity year-over-year forward was to to our be strength the customer acceptance work unfortunate our has the end but the unable full This revenue we were $XX.X that performance represented majority provides to more already. a and range quarter, $XX.X provide This resources completed revenue. quarter addition and business we’re of contracted to have un-started representing represent million guidance quarter $XXX,XXX XX% solid additional of moving constraints. prior a $X.X been QX million, third XX% a our fourth company backlog, our in the XXXX to and forecast, in dramatic the even of the than in our an forward. While million of would that had of been growth of
industry a discussions to One key and of opportunities final to of ongoing efforts Telkonet's growth more in engage bring our and expansion success. is note, interest future rapid identify considerable strategic focus
saw of only significant making quarter These a effort as activities spawning and with them those discussions to several The this market represent not discussions. entrants the extensive we've discussions. with of for work Telkonet, companies survey identified be but of continue as and and potential towards activity a part continue strides for number priority in to new additional industry third the a significant activity growth initial engagements, potential space
costs to As you of year, continued and this while channel number has potential on From expanding market company a can see, and expansion international of growth executed growth. extensive rapidly fronts revenue through successfully Through markets, markets the penetration dedicated continue we existing in while further and resources, efficiencies our to audience. continue to performance. outside and expanding we broaden through to cut production target maximize relationships utilize efforts
on able market Telkonet, for we've like to so moving success been your your Lastly, continued updates appreciate and to again, on our done thank our new growth, providing profitability. forward. I'd while you down time And of to ascent fueling forward development and while towards costs additional scaling interest. we've we support opportunities and capitalize Once and look
that, like the Chief review Telkonet’s the Mushrush, financial I'd Officer, to performance. Gene With Financial hand to to over quarterly call
