happy that, Thank Officer Kober, quarter you, good will After I today’s for be our with of for Steve, first and a more will update. company fiscal Chief morning. call Financial in-depth When a year will will general XXXX. take Jack fourth guidance then provide XXXX. begin review and and Jack our fiscal we earnings the full provide quarter results has some finished, revenue I And questions. of to
Revenue team. sheet. $XXX for $XXX.X in margin, XX% and strong Notably, cash investments for short-term financial per we operating results represent an the quarter exceeded with ended balance was we adjusted and With Our is diluted of improvements which million on million our fiscal $X.XX continued year milestone another important flow, our overall cash quarter MACOM fourth performance. share. and fiscal EPS adjusted was QX
XXXX, X, and year $X.XX the share. EPS ending was diluted For revenue October per adjusted million was fiscal full $XXX
year-over-year We are pleased to report XX.X% XXX% year-over-year growth earnings growth. and revenue
results work all development would chain employees. our certain revenue have I entire such have hardworking thank financial COVID-XX possible efforts team and this dedication product of dedicated our our of In the employees. to supply and like corporate new spite internal fortunate and been met we and schedules goals, to hard targets. their MACOM would and headwinds, earnings Our our not challenges year management without and for is the team and commitment. extraordinary a
was believe was to ratio In quarters which total few approximately customers strong Our gains orders, revenue. over a long-term business reflect QX market of QX book-to-bill by times. full our longer manufacturing turns due as share of well and large cycle or XX% required I&D X.X:X. a We ahead year that the ship placed will dates quarters orders normal one than two as ship multiple being bookings
Our strong bookings than course higher allows a start with FYXXXX FYXXXX us the backlog. to over typical of
technologies. COVID-XX with production substrate semiconductor, to and various continue supply due interruptions We and package related capacity challenges limitations certain to and manage
logistics down they end by and QX have dynamics was through industry around excellent these as are market done job million, was teams around and $XX.X up generally was Fiscal revenue and center to planning operations, sequentially. expected clock center sequentially, data up an Our commitments. customer sequentially I&D the meet working managing telecom million X% with Industrial Defense at X% data million. at X% was $XX.X $XX.X and and at telecom
a very concentration less revenue. portfolio revenue. our In center a product our and thousands as data our XXXX, was maintain total up customer of any For XX% than our of technology represented down one XX.X% And of diversified I&D up XX%. base on diversified telecom XX was end fiscal FYXXXX, We revenue customers. top XX%, year as customers with X.X% well total
Our XXXX fiscal fiscal QX during year. performed for the Industrial well and and end Defense markets
warfare, the which the end have result over efforts to of this pace product products, to lines, and the a opportunity sales airborne, level sizeable ground, new including major growth up and new quarters, beyond. market began programs we the sell RF major last that am in a avionics, of development groups us. fill gaps success recently, our with Industrial of to and Our innovative increasing engagement customers, electronic within re-engaging at marketing products applications. will performance and focused our lifecycle began RF teams customers involving programs, few had in technologies, the microwave programs revitalize Defense the These to we portfolio business is our based expect FYXXXX introduction, pleased our our of in communication growth creates to for and analog of optical of ship typically they in with Overall, engineering radar, OEMs are and high expanding including we in contribute product our XXXX cross and long also more More and and optical sales ramping I defense variety developing effort. efforts a
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We are also into with beginning of to solutions. access costs optics proliferation XXXG see tunable coherent the low the market
XXXX, segments. market in for to existing new a As like and of as center with with continues to customers fiscal and few. coherent highlight our across a are portfolio developing working had we development data I supplier, merchant our optics module and to their higher markets in product support requirements bandwidth technical We many would all are the emerge products, enterprise the accomplishments
engineering to U.S. disclosures. would for invention new applications XX documented their is XX community internally the awarded new patent critical office. were our innovation And We formally we XX success. to new and congratulate submitted this to area. like our I patent work patents, in future First, excellent invention we And
standard products grow Second, to during product by XXX the XX%. an and over additional we introduced in year, FYXXXX introductions we expect
compliments our portfolio. In standard success addition, we our custom the of build-out with product had development activities, great IC which
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engineering in and in GaN capture we share high the our time, believe will are to-date However, market. compelling mimic results frequency market we
our Second, silicon product development. we are photonics on making excellent progress
As we our I now in with reported yields. quarter, fab partner last on working are producibility
pure our orders carbide beginning to critical. are gigahertz. volts broadband we we C-band traction watts XX capacitor released. fully last, DC XXXX is ago. XX purpose released recently three reliability is for ideal two line high XX the products over KV amplifier its and as including CAPS KV line since expand And to high power narrow size operating CAPS gain XX products product a X.X additional Notably, are where our megahertz applications product high Third, product a and general at watt to continues GaN production one or and year introduction reminder, band chip And for small market. in take and gigahertz voltage power to radar
strengthening year processes, operations support, our providing direct in needs our to Gaining flow. increasing and improve of As market proprietary by our MACOM’s introducing include the new staying profitability product semiconductor continuous with and fiscal products development competitive further and streamlining our new on further OEMs process. major customer cash by based business to optimizing ahead addressing advantage efficiency focused we XXXX, on look priorities engineering share our accelerating
that The therefore, Our in can in of quickly internal already our And compelling that business establishing best-in-class be internal can to leverage We profitability. organization our assets can we opportunities modest existing we on average to achieve return have than is on risk share. lean market reward believe place. making higher capital. since investments these invested capture ensure and supports to ratios provide investments goal they move
and will and our management recently fab wafer ultimately pleased achieved differentiation goals growth. to across of supports to quality automotive we enable our our certification investment, optical IATFXXXXX wafer which very low Related existing fabs process new and Michigan our X.XX are GaN process investing to capacity. expand wafer we on in Massachusetts high new to technologies example, or and believe technologies, investments develop modernize, improve XX We carbide nanometre in quality products, like voltage are fab profitable our that silicon For capacitors RF and announce systems. for
we As particular, certification in this a high applications. driving the waste this chain international automotive help such our for and automotive open to management In and microwave, as analog the defect KV prevention, We capacitor focuses supply applications, and for hood the will power reminder, technologies lightwave, for industry. new RF on and management believe reduction us certification automotive believe are autonomous industry. LiDAR under ideal sensors, speed doors
In capabilities investing test engineering our of also addition new facilities. fab and other expanding we’re facilities, our to our in at assembly, some product prototyping
For example, space and of This expand programs. the our and wide production months. product related operation a over facility by its Nashua, New that we range will facility development next anticipate supports defense manufacturing commercial XX Hampshire XXX%
at facility. lab we application just California a state-of-the-art Beach, Newport In product opened addition, our and new engineering
All we hiring. expanding been of still activities in standing require these strong not and workforces, have and
In financial on to focused PhDs serving years provide cycles product Jack example, introduced. a we best-in-class inherent base. spanning are life has in as results. now these for this thousands they’ve a detailed join products been our of strength long in XXXX, review MACOM And products provide We revenue of dozens talent. a view different an of market production dozen workforce. as lines, company, wide of expanding customers. technology, Many revenue summary, year after applications with already helping broad diversity over range have and more our hired of and products of to We of strong R&D a an will end fiscal the today, produce
