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Total the fourth which performance financial quarter at for broadly were our and in $XX.X our the million, range. QX was environment demand Our expectations. end was of line high with revenue guidance
last $XX.X center data in Our came at QX of revenue compared million in $XX.X with year. million
quarter, XX% products. data fourth the transceiver center of was was our revenue XXG from products and In our our XXXG from XX%
product we to interest X we our win pleased design product end with and that a to XXXG with are pleased equipment As a network and is manufacturer, customer which engagement the are for this report mentioned, Thompson Tier received subsequent quarter generating.
active dynamics improvement their next few to look last We the qualification forward other and few QX activities wins slight data played over transceiver these with design quarters center QX. center quarters. needs the XXXG in remain market additional Data a customers similarly in culminate as out compared for to with to
from customers modest to hyperscale data reduced demand. but product among while one our see two to a We recovery continues customer purchase are center with us continuing of
the wins Looking with cautiously near seven the the optimistic demand four center ahead, in the of new design picture seven we had center coming about in out term. remain segment customer. quarter in wins data We a data from our operator
customer new new and pleased very expect relationship quarter. from are this generating with to revenue begin traction We this this
products compared year, $XX.X demand in primarily Revenue CATV from driven by of North MSO last from QX Turning was to our $X.X cable television million our American million segment. customers. to products weakened
such pending continue We MSOs delaying as upgrades are of believe availability DOCSIS that the technologies X.X. to new
environment through Looking and the first believe seasonality. driven by will ahead, half continue this year we discussed demand of with typical this dynamics coupled we
well-positioned technologies we PHY. given like AOI near-term these will our new Remote conditions believe technologies outlook impact believe that we out these key our While roll remains as
our a for offset of certain $X.X newer products increasing such by of in network partially to of million Revenue in QX our deployments. line million with $X.X telecom XG products decrease last year designed those legacy products sales expectations, sales by driven from was compared in primarily
addition one networking a with had In we QX. during to win design segment, the center is XG seven in our wins the data manufacturer in segment design of equipment. win telecom design network This equipment
products, was center For fourth XX% telecom XX% XX% from the our from of market had of the with revenue, In greater total center and the customers contributed the products CATV both remaining XX% FTTH, or two XX% in other. quarter, data and from respectively. we X% data that quarter revenue
the revenue. in three customers, greater that the and XX% contributed CATV or XX% four center had in we XX%, year, and that the XX% respectively contributed For segment of total one data market XX%,
fourth from nine design for XX five the wins In quarter, XXXX secured customers from our wins among wins to of XX are XX.X% up revenue made customers our XX.X% total bringing in to to new year total design AOI with whom six new we XXXX in good in design We among in XXXX. revenue decreased of The in a concentration. XX progress this top base XXXX. our diversifying declining concentration revenue
generated QX from our top and a and QX, of year XX XX% operational last margin XX.X% in driven QX to last our primarily product to efficiencies within QX of mix. XX.X% in compared up for XX.X% revenue combined In revenue account XX.X% to XX.X% In of we guidance of favorable customers a gross our range year. by our of
with Chinese million operating quarter QX. of We XX.X% in had the of Total year. $XX.X direct government incentives economic in XX.X% or revenue $XX.X the compared the were $X.X expenses in in from last million quarter same million revenue or
$XX.X QX of against valuation a Operating operating $X.X loss assets of GAAP or loss $X.XX tax of in net loss loss with per a for year. $X.X or to of million by compared driven an basic of in fourth our was GAAP loss share year. last quarter The million. basic QX $XX.X primarily last per deferred the allowance share million QX increased certain compared $X was million totaling in $X.XX was net net loss million
$X.XX $X.X On loss for and to net loss of loss million shares million to share, QX $X.XX after our were year. range the $XX.X or basic to net loss basic of $X.XX loss a share QX basic per $X.X $X.XX share which of loss computing basis, a a favorable used $X.X was million tax or a outstanding to QX per $X.X net for per of The non-GAAP compares in was of in last million of guidance a million. or
reflects and fourth We million cash to $XX quarter restricted short-term of investments equivalents, cash balance $X.X cash, cash. for at in with now total with million sheet. Turning the operations. ended end in the QX $XX.X and compares the million This used
XX, million of million had inventory As $XX to in compared December we $XX.X QX. in
driven New The increase the buildup inventory Year. inventory was in Lunar by mainly of ahead
we us Although, coronavirus believe inventory planned this we shutdown. continue this extra the to as operations useful be following to recover will normal was
made in capital Longer-term million production we machinery will levels total investments continue million and and including in to improvements. that $X.X million $X.X equipment construction rationalize. a in believe on and inventory quarter, of $X.X building We the
our our million of Capital the plant was million and related of in below in were construction expenditures in China. XXXX primarily the difference of to $XX.X delays $XX expectations
incurred year uncertain the We expenses be timing most to XXXX, expect within in the these due the although, to coronavirus. still is of
is in the gradually our situation As outbreak China affect to Thompson continues normal. the COVID-XX there, operations returning to mentioned, although
located not is Ningbo an ordered But cities epicenter the many for the New like government Year. in there extended factory factory China, the following Lunar shutdown the all disease. near in of Our period
period. down we X.X for shut In normal were holiday weeks beyond approximately total, our
there able at improving resumed our operations operating have staff already to XX% normal return work. which as are We are capacity, to and is of steadily
reduced incurred are the financial are issues. count and areas in chain quarter shutdown of the the factory; supply additional two, outbreak; due expenses and one, in As far we to three, as as three a that the impact, lower-than-typical capacity head monitoring: there manufacturing result
point, not disruption. will China in to work, have our the as China, of in we suppliers for work vast virus-related suppliers production constraints and whether this them of they returned working many raw capacity be production. will they supply to necessary on with due we majority materials our return to currently that able QX As are supply we to our have chain assess to are At closely in believe
have virus China flexibility of we been. strategy In customers increase impact the affected more allowed acutely shutdown the in order in product has our taken we our and customers, production the to reduce have to our of have maintaining production ramp whose Taiwan of to suppliers our factories to an that part the manufacturing we is by measures on essential multiple ability and us outside regular U.S. in than locations to certain at were offer The
are in we Our this will anticipate margins. in Taiwan than full operations, be as cost But production may and also so China temporarily typically this short-lived. to the China pressure margin U.S. pressure higher returns
So diversified to of have dealing manufacturing fluid high challenges this challenges automation our situation, have these address we that many allowed relatively with we level feel while in us strategy and proactively. very
Moving now our QX to outlook.
basic weighted to expect $XX million of in per XX%. revenue the share per is in million non-GAAP range share count expected to million QX between of between and the approximately XX.X million million average of gross We a and range and $X.XX $X.X loss be be XX% to to per shares. margin be loss $XX $X.XX using share Non-GAAP and share $X.X to non-GAAP net
I session. With over the to Q&A Operator? it the turn operator will back for that,
