will finished, adjusted third and and for share. year Chief today’s some provide Revenue you million XXXX. for questions. $X.XX I earnings more guidance fiscal will would take to Financial was I for was revenue of Kober, company begin $XXX.X has that, will Jack and per we results our afternoon. provide good happy QX, and general Officer, call with be our then EPS quarter review in-depth diluted third a quarter update. After financial Thank our a Jack When fiscal
for continued improved have XX% and at profitability operating first was generation. improvement the gross time were data result margin and XXXX. as for our we and primarily, telecom results markets. discuss operating Notably, pleased products from our Jack and exceeded our these later, the will since demand increase important, with QX that and cash pleased are We Equally expenses continues net to well-controlled center margins the are our
EXX opportunities of and was rates and from Our approximately quarter strategy revenue may XX% respectively, and Industrial $XX.X had and million, Data while was Data while front in also full Telecom product basis, so business third Industrial is sequential domestic was end by flat. geographic the improving follows; QX advantage as XX% that Defense growth technology Center to was was of developments and On and revenue customers. customers Telecom us, million, and XX% million. execute on Defense was from was Center $XX.X we growth essentially XX% market a of take of profitability. international our
was ratio revenue. Our XX% our in book-to-bill within approximately quarter approximately the total business X.X to and shipped churn was one or business booked of
by Our book-to-bill was current XG cycles. infrastructure in the exceptional, ratio spending center driven data and part
order concerns customers motivated end to due future We to ahead potential demand COVID-XX component some also of the pandemic chain shortages disruptions. or estimate of supply
some Industrial QX and lead-time in will received we be shipped Additionally, long QX. that beyond Defense orders
largest we or all more customers book-to-bill regular contact inventory, general and coming and a order believe that We our demand typical our remain the are reasons, forecasts. in channel these return ratio with quarters, For monitoring we long-term closely level. in activity, to
Data international by demand, For cloud domestic data driven market from both was sequential end in Center growth and QX, revenue our center deployments.
We expansion and in in XXXG Sequential that market key growth RF driver mixed and market center XG GPON sell XXXG product more this I'll our XXXG and Wireless Our see optical opportunities driven analog demand the market in be was our and signal the for we expand years and market in infrastructure revenue by we and ongoing XG analog associated view metro of and We In for RF the high the share products. for current lines data of market. note international the inside components, upgrades products, further new in coming products, by MACOM is to segment gains bandwidth for the are be and Asia-based our Telecom driven view the XXG infrastructure Center by mid-haul an revenue. opportunity deployments expansion, performance quarters, launching today. a market to additional as XXXG analog and XXXG in data from both XXXG the high to coherent end long-haul products and our the where HBA analog to products. supporting ahead and Data XXXG anticipate demand emerging portfolio our centers expanding performance we growth more emergence improvements MACOM components, position growth XG ICs. XG discrete growth front-haul
accounts, end the and over all given that programs, will refocusing take not long-term communication Defense growing custom public test cycles. I&D years MACOM; radio us additional including channels, technologies which and strategies Industrial growth for potential end revenue of including consists in design however, this growth, grow are appeal Our we will been customers. products, applications, of applications long on has satellite a equipment. end the past time We market This it [ph], to variety market, of and market sales initiate key business increasing recognize we MACOM implementing measurement standard to handheld and MACOM safety directly end our our tremendous for applications, cross-selling has few developing into new the market believe defense improving and to these and and
highlight initiatives aimed slides few corporate next a our across standards enhancing at quality Our MACOM.
programs facilities assemblies, past SXXXX four were certified. certify main We multi-industry facilities our all ANSI/ESD control of and quarter, components, This a major have equipments. is standard to which standard the defines to this an off quality standard, ESD sensitive to kicked effort protect our and
great and kicked-off certifications to quality and new to order certifications to look XX updating Our doing these standards. certify next engineering months. MACOM In we to June, operations staff on over forward procedures job additional efforts additional our quality a achieve are we in site the come
prevention, an XXXXD, enter And TS revenues waste production is strategy been the is XXXX ISO us we for introduced. MACOM growth and products ISO servicing chain number of have builds extraordinarily reduction, markets focuses to XXXXX and different systems after diversity open In of Expanding The for and FAA customers. automotive framework also speaking, A product to International actions which quality view new have up modified standards, gallium defect arsenide which is the to MMICs, inherent these second transistors. life the and cycles automotive of end supports thousands the new AS meet power this industry. come history strength We aerospace years technology, has and NASA, dozens our the of of MACOM they've its market company a the DoD, capability bipolar total, industries. range management will is new the known RF XXXX Broadly upon XX-year quality and and applications supply products produce built silicon and products, on first as upon with doors and these our in Aviation, of for and today. diodes, but the of find its differentiated wide standards. customers lines long
advantage. market with high believe tremendous in because the giving manufacturing speed our for future industry. phosphide current indium expanding CDRs, laser portfolio best-in-class opportunities us grow products provide our metro TIAs are circuits a for last stable And EFT also have in are recovery, because our our proprietary revenue is Trans-Impedance that of drivers with complement performance and high-performance we or clock technology next amongst optical of are to our interest and numerous We these position and We should a lead in amplifiers and coherent wafers and which our We data products taken the of analog networks. inch business profit foundation and drivers, growth. generation four TIAs, the see the long-haul
products, the this upon MACOM profits foundation to will photonics. the are and the technologies gallium is differentiate strategy additional Our in performance drive ahead. generate compelling which have high new significant and for to silicon GaN, developing These PSPs, potential in nitride and company including revenues technologies help growth, or years they and lasers, by build
continue We slowly these move closer to to productization. technologies
quarter to One want and completion highlights design finishing transitioning production team program. product from successfully for for DSP of the first Pam-X our the XXXG teams engineering was in our this I the engineering production. our congratulate the of to
market, our we execute. management of and data ability team's are including our established entering is and project While high-speed DSP focus this growing, also and intellectual the to an investment. PAM-X share wide opportunities project XXXG range created note and converters, of and The recognize aggressively will to win pursue logic, high-speed do a property, that I'll return on completion large compelling market we we market maximize [Indiscernible]. this highlights
last been into FP our IP of growth. to foundational and our call quarter's future this XXG receiving that customers sampling mentioned to We I been will leverage product have lasers initiatives feedback. variety positive have initial on we new maximize a front-haul
FP XXG lasers X our GFP over supported by expensive competitors XXG more in this and applications some front-haul kilometer lasers, in driven the GFP by work Our lasers. applications difficult XXX-meter market is Today, XXG or
lower was Now, customers for and MACOM to will supply product, security reliability, superior this designed a one offers due to application have the XXG that and specifically can performance, not customers option advantage volume FP chain compelling one laser overall to which switch quickly do our lasers our capability. design hardware, support and high the recognized the bond simplify cost. which big logical have our And manufacturing that additional need
recent by laser detector Our portfolio lightweight strong revenue team growth products. with primarily has expanding driven and quarters, photo their been achieving new in
Our also silicon photonics continues. work R&D
launch IC, product, laser namely a but slow silicon lasers to robust two, mounts product. We on three, of technology active is a on to an single and or from are elements process first still our we making LPIC and wave photonic one manufacturing three launch needed photonics This one, work an there aligning laser exciting design; is to critical steady a IC. progress CW do four before lot silicon which continuous a
of selling about made extremely existing photonics, own process supplier over team new have busy the GaN leadership Under on our have tremendous ICS has RF silicon -- of silicon power a amount our selling our XX under updated we silicon include our new maximize past attributes the we to lasers months. without those our have strategy leadership, products. lasers, and August, be there significant and incorporate IMS, product merchant or ICs our learned that and Our have Symposium a standard GaN been As photonics on opportunity, of and And RF go-to-market applications. to CW to we coincide their first power we a carbide designs. We on of GaN will silicon made improvements into efforts early in our past time new our priority. introducing months, both portfolio the limitations pleased International wave to with certain am over And has in amplifier Microwave do Doherty on that driver recognize team silicon be Virtual I are our as to silicon in GaN the carbide technical design
to power We on project includes branding GaN, product silicon I'll customers the markets our and Industrial and first it be ST equally arsenide, share trademark. these work is will and it gallium to in equipment both and market MACOM PURE winning two opportunities. schedules. the of view RF advantage the where PURE full on CARBIDE our using technical makes this markets with a silicon in that has strategy support areas to sense installation team portfolio their path process. I'll moment, line processes. Defense Telecom discuss the the the been note silicon under the development GaN to where as do sampling next of too capital We has generation so. and continues At carbide in bipolar our this products to early rich improved already development of CARBIDE growth note an
products. and wafer level technologists enhancing executing quarter adding to our is preparing low more We efficiently process innovation our fab our and reinvigorate teams XX And introductions leadership and products plans raise the additional over to of fab. designers the new semiconductor all we on have introduced. another product engineering product with Engineering from with are to our of technologies challenging by strong focused are best-in-class technologists
in growth, Center, are and a trade growth applications Data our normal of we CIOE local showcase In and [ph] low experience both early high and China of engineering across IMS be customers to Exposition applications front PAM stand which for host and new periods our and in staff portfolio. industry. and possibly in-person teams our products growth, and periods a International China will expected I of unique be dollar portfolio. Well, be expect is August to Conference XG, preparing IMS is will Our multi-billion markets Shenzhen, and cyclical even virtual China-based respectively. technology held will the held Optoelectronic or we show, sales for September summary, with negative design CIOE and the in
strategy reasons, these work our to a we will on be perspective business cycles. long-term business maintain all manage throughout to and profitable For executing our we
We financials continue more QX months ahead. the our to now and take share provide results. are of can Jack in improve our confident detailed review that we and a will market years financial
