you, Thank Patrick.
EMEA of top backlog supply through delivered pleased demand and or had serve our XX% the to we us results. allowed combination XX% manufacturing our to growth are and retail still This APAC and was This We constant year, COVID through report all supply currency China Revenue a lockdowns Performance reflects supply, rest Americas second for of position. shipping. on We for the the strength to an and physical both we our our a in currency and and XX% line impact $XXX.X better improved shortages a constant quarter DTC products on exiting strong million. XX% basis grew the of ongoing to on across improved XX%. grew continue channels. basis grew products the remain of will some regions. on XX%, as quarter recent strong the constrained our the IS a of Despite in customers component of or work
and speaker Sonos positive in impact supply increased one by in in full as the strength from revenue ongoing which improved XX% period ARC well Roam XXXX as April availability. year-over-year launched led
of Gross Ikea. XX% our utilize declined the were points driver XX.X%. primarily other revenue we stable products market increased to decline channel our this partnerships revenue products. system Higher installer improved of XX% played Sonos costs our as and demand inventory by in a relative our basis XXX driven the component to by rebuilt to also Sonance Partner needed with shipping QX position Higher products role. costs and and primary and and frequently. availability increased driven logistics margin more spot
quarters, have support our scale. invest as year systems in well to business continue we to as As prior discussed we the this further including in R&D in in
proud adjusted we strong delivered of of and primarily representing We the to of from launches. in we negative investments even adjusted XX.X% flow are we headwinds. XXX for inventory EBITDA QX From flow normalized implementing top ERP OpEx free the returned and cash prepared a in saw we growth. For our in standpoint, QX of the profitability operations leverage line due margin level new million to margin points are new gross we example, the product these given Even as investments with more had a a with an cash basis adjusted delivered system. $XX.X quarter
the after in seasonality the the in of and the we have debt. first the from also million We $XX still no cash with typical cash prior of quarter. cash ended QX, half delivered acquisition year, million saw QX of $XXX to Despite operations quarter our use across
and discussed we as M&A business will organically as capital we As well through into repurchases. deploy share the
we strategies year. execute million first million quarter inventory in M&A, us far QX well of in on we saw the three invested of as as for so $XX all our You Organically, towards in invested $XXX Mike. this those acquisition and also
enable factors that deliver incredible As audio the lighter to form and transducer sound. reminder a smaller reinvented Mike
And M&A this We be example road very a technology to able are map. supports is product great our and our expands of future differentiate product. integrate accelerates that to to and people further Mike's excited
us share activity. Additionally, repurchase continue you our saw with
we on used repurchases. million share QX During $XX.X
$XXX we towards half share have year, our the million For first cash of the leaves on $XX.X million repurchase deployed which of remaining million $XX.X authorization. repurchases
Now 'XX fiscal turning to outlook. our
euro the significant broken dollar has out QX war China as world experienced in right now. lockdowns continued to mentioned, known inflation to strengthen call has As uncertainty versus accelerated, due our in COVID. the is is Ukraine, and well the and there Patrick has has additional major Since
you makes As imagine almost to since difficult these to can this it daily. the factors continue evolve future forecast
our what euro. well as impact watching reflects see consumer our on we to in on best the ongoing strengthening chain We are dollar conflict know. EMEA region outlook continue as we currently do and customers, Our based ongoing the and given closely demand but our inflation particular relative the the view from the of the supply to
watching suppliers shortages to managing year. signals, our ongoing at and the getting rest to an the supply component the commitments semiconductor China through along in addition the least situation last challenging through In environment. of we ongoing overall we the are challenges supply we are expect with the The means, demand from
tough of reconfirming year. our our We about our done for have circumstances we Sonos teams Voice $X in and an including growth. this robust full we're with introductions the and $X.XXX just range The first the executing announced despite Roam half year And new of excited guidance billion the macro year colors to delivered revenue excellent SL Control. and Beam Ray are challenges new a the billion in X% job have Roam product and of
healthy Our full of year XX% implies the half outlook in to growth continued second XX%.
two, strong our September consumer end and from by We demand our last partially have supply one, at of the that bottom new based taken are signals actions product least QX, on: introductions; through. range reaching the pricing outlook; three, constrained in rolling confidence offset
further demand we and While top had any line outlook. the to current upside limit has our healthy strong a QX, supply remained likely challenges
for margin AMP difficult the for the seeing. did QX match rest expect The across of not backlog where and we supply demand. currently in and We constraints such and our QX revenue, for revenue as in year but a by as some end relatively just it we'll will continue the well QX that impacting challenged year. of our to expect more are cost has be been logistics has supplying of We products with as rest the particular, particularly shipping supply components increased the
amount buys continue and lifting. for continue to a We offset in to of China material need to the shortages expect to component spot lockdowns
have still impact the there result. and supply been over on through the and While China chain period, are manufacturing capabilities in helpful costs working dependencies Malaysia a we as very this are
will also year. diversify expect We Vietnam, into manufacturing by operational footprint we to next have further our expanding which
result the to of XX% some XX% timing maybe a we each are within increased lowering volatility on XX%, in but for there to gross for of range As these gross spot the XX.X% but XX% margin XX% of our year, down from these XX% costs to guidance still This roughly to the of the buys. second depending XX%. to our implies range long-term quarters of margins remainder half,
the have of some we of headwinds back moderated for half margin the our the investments year. OpEx Given
gross to adjusted However, flowing partially EBITDA. the still through is margin impact
we and margin to are growing supported record equity, large down durability our fiscal and flywheel consistently XX.X% to attributes significant supply value of the QX X.X% us customers challenging proud loyal remain support year This of XX% an the to a environment. delivered leading we have to and questions. we September, deliver would execution we balance still the of a to position strength shareholder customer, believe history our billion very our new XX.X% adjusted us adjusted uncertain we the and front top tremendous year year. the existing We well of revenue increases at growth gross believe for I products range attractive price the in introduced to opportunity. products innovative in full brand with in our a adjusted of by over $XXX a million and turn a by committed premium guidance represents the in and range. midpoint. $X.X fiscal $XXX range and of narrowing these shows Overall, XX% our XXXX Despite and target to sheet. along we resilient XX% we XXXX result, EBITDA profitability are the like range As of a of delivering supported to the believe in environment, We EBITDA strong the to the roughly have margin new a market value and With XX% to EBITDA and time. new that, and call We the the customers, to double-digit proposition in our growth have took line million over