and Thank everyone. you, good afternoon, Perry,
to be $XXX midpoint in guidance $XXX million. the our million, quarterly $XXX revenue range million of exceeds of of quarter first will Our which
to Our non-GAAP range earnings to gross to margin per share range will year, be $X.XX of quarter. XX.X% $X.XX $X.XX be the $X.XX range the last to in will $X.XX the to of in compared range XX.X%. Non-GAAP of $X.XX of last the in
approximately System in System to pricing, lower year-over-year was XX% continued of revenue were the see which lower channel. demand revenue. and ASPs revenue. total memory We due impacts SSD
upgrade optimize have portfolio application customers. our put innovation our their solution of market allow We and partner to to to also
in quarter, And push center factors from were due seasonality to line to down addition on key systems. September revenue. economic slow overall industry there our uncertainty, wide components reduction and the price major several In our some customers using data top impacting purchasing in
server recorded business continue that analysts, the quarter. by our our been we has second As for industry revenue and trend peer saw XXXX in down and in
reach the our quarter, the of as our to and this from including stabilization to of However, end begun of key early sign opportunities. we’ve seasonal as we we begun customers, advantages of see take inventory signals straight
application history Super optimal Micro our product maximize long growth. that will has
for Nvidia our reduce risk resource solution with can accelerate across hopefully that delivered introduced major and platform, and customers. savings offerings our Red XG, total data to providing AI the learning, to VMware, and solution, computing server machine Combining we certified new green solutions, were configurations and that develop markets, continue center. concrete and Hat, advantages storage SAP We products including tested and and IoT ROI
Processors. Generation solid solution cars support, between hyper be basically Intel offering Xeon [indiscernible], customer of new high TTP predictable most feature, in Our delivery the generation to NVMe, for continue [ph] IO, [indiscernible] Xnd converged Scalable optimized and
of brings as AI Nvidia HGX four data the way center, of with Solutions, up cost memory Select terabytes [ph] delivered two part SAP the of Micro’s to Super to a that to the with saving manage networking can XG environment. cooperate SAP XX ready that Intel Edge HANA We customers new page. accelerated new platforms. be we system super allowing native their deliver their we extensive memory, class homemade application With software differencing servers line edge solution power of Moreover, to our defined introduced on to network and in be platform GPU cloud optimized AI product
provide least, high the and [indiscernible] products for we [indiscernible] are much deliver Last we On scale systems product Micro These but requirements mega A value. have our center AP not system which shipping better centers. set start a of generation to data Super data processor, of AMD Plus volume previous specific second begun optimized performance uniquely system target customers. for based generation on side, and
solution Our to data efficiency designs a existing underway and products. and and similar We on performance, cloud specialized our have us requirements cost customized additional [indiscernible] product for business centers, to deliver design therefore allow demand. see leverage optimized to opportunity
processor pace with accelerating and sales update of the has next product repeat our ahead, quarters. level the the coming in see cycles Looking refresh we
form [indiscernible] the we architecture higher of had refresh. for architecture, of processors like new flexible Intel we’ll upcoming complete new Gen-X Experia innovations generation family performance a full more next take PCI architectures developing up new keep factors. IO, This and our advantage storage for
started have our We customers. already of selected engaging with
a stated improve scale, building goals, achieving stronger our foundation. our to we and continue operational innovate efficiency global and Important to
of engineering, manufacturing, This our space in completing locations. in We [indiscernible] and over headquarters path at feet operations, more square our includes increased and have [ph]. our service new in strategic facility our XXX,XXX capacity key
although innovations market. summary, to In server conditions have been storage the challenging, continue we market deliver significant to and
our More our to market our confident business the of share. importantly, us and our than ever in sales operation discipline and to empower which expand strength to R&D Fundamentally, improvements, we focus goals. achieve grow the needed have more are products will and operations globalized we
over And now, to section I Kevin. hand the
