with quarter will first for on Steve. the about will begin consolidated you, Bill the for trends quarter. some Thank sales results the quarter. second financial and outlook comments our details and financial I VPG's provide
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repurchase we and to solid, our stock. remains continue flow cash common Our
our want growth. to long-term take Before accelerate regarding providing this opportunity quarter, details strategy to summarize first to the I VPG's
X. to Slide Moving
as accelerate growth long-term to is quarters, several strategic and achieve we priorities an to the VPG our we As in our have important point inflection pivot described coming our targets. we past believe
requires key to trends, that both leverage inorganic and and precision by electrification, These markets. strategy and Our opportunities aerospace including industrial are technologies driven greater defense performance. address larger, automation, technology initiatives faster-growing organic
we business our business as of growth as expand segments to capture new address. capabilities Our customers reporting in that development initiatives strategy expand and each comprises well applications our engineering organic to
more We and are in initiatives. investment and are areas reductions cost with these XXXX efficiency in this investing offsetting ongoing
of opportunities. the in initiatives seeing stages, early in of funnel an already are these While increase some the we still are
To summarize we segment, to Sensor are the penetrate these our market. opportunities in the of some Sensor Technology leveraging e-bike further Advanced
medical robots We previously. humanoid we are in robotics making with progress surgical well the have as discussed as and
and their precision the working In resistors, manufacturers. expanded are For next-generation engagement have we Weighing customers fiber with we leading center optics with data equipment. on our construction Solutions, equipment precision agriculture OEM and for equipment
also sensors, market. for We and vLite force have launched lighter-weight which Weighing targeted the is Industrial
we broaden order In quarter, the key market the an is first to application for measurement manufacturers, aluminum us. mills market for one In of to the which steel this solution. is our initiatives address new a systems, beyond initial at received
excellence. at are systems. We continuing system our small programs of line, our DSI focus test aimed expanding with manufacturing new XD Concurrent operational top offering, samples global our our designed additive product or with in growing are version on we a our to
higher Our capabilities grows. and operational to investments VPG positioned achieve to and have efficiencies level revenue profitability address volume in and as of automation increased new opportunities
to with are and sheet, organic look platform additional balance to us our that our continuing strong M&A and leverage provides and expand initiatives attractive scale To our business we at offering opportunities. augment to product
Slide to X. Moving
regarding by margin ou basis our a on detail. which will a first of the results margin sales the were pleased provide segment. record $XX.X level performance, our gross VPG. was in more with end reported gross of quarter We and for consolidated reached which guidance. We at Bill Turning low to million, comments
free adjusted EBITDA cash generated million flow of and Our $X.X adjusted adjusted of we XX.X [ of (sic) cash and and $XX.X million. flow was EBITDA ] XX.X% solid, margin
reflected to million trends $XX.X fourth to were levels book-to-bill even with Our and across the improved the our of quarter X.XX in Orders quarter. mix continued compared fourth X.XX markets.
were customers while higher, & Weighing to weaker in Test Industrial down Specifically, in and orders bookings in space, were and military avionics, Measurement Transportation continue inventory markets the consumer as sequentially and their levels. applications some work
this Given our the the in now to the segments. current highlights latter cross-currents recovery in has part review out environment, the been quarter's macroeconomic demand expected by pushed I'll of year.
X, our beginning Sensors with to Slide segment. Moving
resulted compared Test X.X% for a year lower projects. First continue & reflected as revenue the book-to-bill decrease semiconductor X.XX. declined million million Bookings for resistors Sequentially, in markets. $XX.X of AMS customers sensors and patterns. and AMS were distributors quarter XX.X% lower the $XX.X market their Measurement the order and to orders cautious and quarter. of resistors a in Orders fourth soft OEM reflecting timing ago the of of lower, precision Bookings which of for from primarily sequentially, revenue XX.X% were customer and the precision were test
with new our ongoing pleased engagements. We progress OEM Sensors with Advanced both are and for
While Sensors compared ago, softened the to for applications the quarter and consumer orders sales improve. year to of continue Advanced modestly fourth
Moving to X. Slide
Turning by equipment, and for million our demand Transportation. precision quarter. Industrial increased soft increased orders in and in with sensors offset $XX.X orders reflects force $XX.X Weighing fourth were market of markets Weighing million in for by flat and partially of Sequentially, Weighing the of Weighing sales lower X.XX, fourth was a to markets construction Transportation our Industrial ago as the our sensors sales lower as in of agriculture markets essentially construction offset lower X.X% in for Solutions lower in This the 'XX. agriculture than year applications quarter Solutions precision our force and were sales segment. Book-to-bill X.X% well than of was Other Sales other market.
Moving to Slide X.
Turning to segment. Measurement our Systems
X.X% higher to revenue $XX.X the of sales from year due decrease sequentially. by offset of primarily revenue Steel quarter products decreased AMS market. First sales The million the XX.X% Transportation sequential and markets, in a partially in in ago was lower and DTS grew
driven the increased timing reflect the of quarter. trends As we projects. and fourth of are have Book-to-bill sales orders Systems from customer X.XX was Systems for discussed XX.X% Measurement businesses before, the ratio $XX.X project Measurement as million
was The as Landing products order for driven systems. development Electric higher by Takeoff multimillion DTS, offset This North eVTOL a DSI's and sequential growth orders which Vertical for orders American higher orders or [indiscernible] well alloy for metal developer included as in aircraft. order of lower for
Moving to Slide X.
of M&A We buyback announced strategy program million repurchased of quarter, From to warranted to allocation million shares. first of organic to repurchases. $XX.X our are $X.X stock QX we the the repurchased have end growth, value or continuing stock. balanced creates we the when implement and that In we stock stockholders XX,XXX XXXX, August 'XX, successful of
further attractive to continued and leverage addition acquisition to we business opportunities. In have platform, our look value-creating for
following Before would points. turning the to add like I call the to Bill,
excited controls ongoing are the time, excellence. effort focus about We at cost maintaining around business that growth. are VPG on aimed we we accelerating our our are and development the same At long-term operational
will it Clancy I for Bill? Bill turn over now details. to additional financial
