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investment foundation quarter, builds last automate IT infrastructure the discussed we business. scalable and our of in more demands our allow the will to growing us a As
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through me quarter of details take you the first Now let guidance. our
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XX% XX.X% ago in non-GAAP mix well of reflecting XX%, the gross in quarter, compared expect be from lower service the period. year We margins of to up ago product as revenue range mix as the reported the to improved to the year
non-GAAP in the expect be reported to in a the our million million fourth year the quarter, million range of to in We and the $XX.X million, $XX.X down $XX.X expenses operating $XX.X quarter. from ago
talked have deployments, platform our spanning share platforms products with our previously, us. growing a into platforms and is we of -- commercial bulk the behind As systems on of fundamental work development these about our moving a
costs actions, the reflects Going cost more have as restructuring to decrease as associated incremental for in taken importantly the levels time first lower develop as to actions in we quarter. forward our positive quarter disclosed while leverage the operating year this we accelerating well expenses to and compared benefits investment platform, further previously reduce savings market. functionality, results in significantly with AXOS prototypes, ago predominately our the our The
up restructuring million expect and to to We incur other charges the quarter $X related in severance first to of benefits. primarily
to between I guidance have loss on a estimate our Our of $X.XX to QX net XX.X you outstanding, of QX through a $X.XX. $XX are expectations result actions up average share million and of weighted taken savings. in shares results annualized the non-GAAP in per Based million in range for expected
net Our restructuring non-GAAP excludes loss charges.
QX we Finally, receivable accounts the increase and expected being positive in relative our with cash to flow cash balance operating to QX. normalization in overall DSO, anticipate
committed remain our model. to long-term financial we Importantly,
to better back to operating million. or exceeds drives $XXX this over turn as me model long-term let XX% margin point, our revenue reminder, a annual the As At call Carl.
