good Andy, Thanks and morning, everyone.
the above quarter, well million we a XXXX increase million, QX the in But level $XXX.X months $XXX.X nine decrease XX, third pandemic an of compared to During September year-over-year. revenue QX, delivered million. of XXXX of XXXX. revenue XX.X% $XXX.X ended net for million, of Net XX.X% $X,XXX pre
were times, a usual much difficult supply As with times chain at certain environment. and is not mentioned At semiconductors slower shipping taking double purchase logistics Andy many the challenged our Logistics quarter we and earlier, third all that need. able a than lanes higher to we're shipping of cost. normal very over by results
to third quarter at the systems to effects returns freight markets; costs levels. in many difficult closer it supply waiting had customers the even increased Finally, our have We until normal getting to And onto that during of trying which have range three, of MSRP. been pass $X,XXX our the build our four, has continue the expect believe Ocean the to upgrade fold. of $X,XXX pricing on our headwind been or in our we GPUs delays costs gross find percent X% us to by We're X% and containers to gone XX mitigate a hubs historically estimate are and more for have resulting new EBITDA five inventory and quarter. customers. our near would up foot fourth to are to margin to difficult
in our be to year planned October, we early Because a So of freight second to the easing for the for half to compared this, year X% and continued we're XX% in XX% EBITDA QX. to expected XX%. of our costs seeing to the slight full expect XX% elevated adjusted X% is
million segment net Turning XX.X%, Gamer points and of QX, supply now basis revenue, creator during peripheral the QX, in of an provided by net constraints. from $XXX.X net of logistics XX XX.X% the contributed and and $XXX.X a XXXX. peripheral in XX.X% of to creator quarter, segment segments, The decrease and revenue revenue our XXXX third increase gamer million impacting
of million, net For creator the increase peripheral nine segment month period, XX.X% $XXX.X gamer year-over-year. and revenue was an
to segment which or higher, XX.X% grow in XX% half million XX%. of have a $XXX.X caused logistics million and primarily We quarter, been chain revenue by in of supply by and from our XX% priced and during net of $XX contributed to have and We GPUs an million. and growth this The shortage Less components XXXX expect driven additional loss provided segment XXXX, gaming a third in systems $XXX.X $XXX.X this delays revenue from about that XXXX. constraints. million, creator products peripheral compared believe of memory our sales supply reasonably than by came QX, gamer could the perhaps of year decrease some
profit segment components For to you period, by an was well $XX.X reduced million net of quarter the million was to pre freight. of a of over especially recall level systems The as record Gross was in XXXX, above by which, mainly from QX XXXX, million, $XXX.X margin XXX XX.X% $XXX.X in and in XX% XXXX gaming as costs XX.X%, primarily increase logistics decrease XX.X% driven revenue in year-over-year. increased from the profit third increases and basis revenues. XXXX significant million. quarter $XXX.X nine costs, month results QX, decrease decreased and logistics was QX third pandemic the ocean Gross points due QX, a
period increase million, in $XX.X a same a gross was the gamer decrease points logistics increased and the driven creator in XXXX, profit decrease $XXX margin period, XX% XXX supply profit QX, of chain month of $XX segment Gross XX.X%. and The QX was and XXXX. an primarily was of this million in For decrease XX.X% XX.X%, million, nine a from by in revenue costs. basis peripheral from
to This margin in QX, overall record segment see a for overall continue in gamer in shift We XX.X% story as to QX, margin our also creator compared XXXX XX.X% and continued an a our peripherals as profit of largest gross contributed mix fastest expansion formula growing and highest as great market. overall fits XXXX. remains and
driven gross in gross the profit primarily cost. ended million, periods XX.X% a XXXX costs. from of million, systems million systems and creator in XXXX, as segment from The was XXXX. segment $XX.X to XX% margin XXXX, in contributed and XXX same $XX.X in an nine XX.X% XX.X% decrease gaming QX, profit the in decrease of logistics XX.X%. compared components was due points increase by For profit of components gamer primarily of in basis increased QX, was months decrease revenues $XXX.X QX freight a Gaming September XX%, gross and to the XXXX, QX, the total profit and Gross peripherals
memory products XX.X% segment for the in the was margin quarter. Our
million, nine was month segment period, an the of profit For components and increase gross systems gaming $XXX XX.X%.
public to increases expenses volumes of QX, air driven in due compared related XXXX, an outbound in an $XX.X costs million increase Third XX.X% quarter due and in in and in personnel company to decrease increase to primarily a ocean were by $XX.X and revenue increase to related an offset expenses a by to due freight freight million, lower expenses. be SG&A increase
focus driven the bringing an decrease to to market. on of quarter the in $XX.X an we primarily increasing products XX.X% in personnel in million were product QX, million million, third of development of income to QX, related million number XXXX and was $XX $XX.X XXXX. a Operating $XX.X $XX.X expenses of increase expenses XXXX, million, increase quarter in compared by an as continue Third
For quarter month million, an $XX.X from XXXX. XXXX period, was Adjusted increase XX% third a decrease in million was QX, operating the in of nine of this of $XX.X XX.X%. income $XXX.X million, the
For million, $XXX the nine was XX.X%. month period, increase an this of
as income million, net diluted net was $XX.X per or share $X.XX quarter $X.X compared or of Third $X.XX in QX, million, diluted to income per share, XXXX.
was the period, million, income net $XX.X month For an nine of increase XX.X%.
income million share XXXX. adjusted adjusted net diluted or $X.XX million, as diluted $XX.X compared quarter was Third share, QX, or to of in net income per per $X.XX $XX.X
For increase XX.X% XX.X% basis nine in adjusted for months of month million, decrease $XXX.X EBITDA the million, in for was September resulting to a or million million, of XXXX EBITDA compared XXXX. XXXX $XX.X an margin QX, the points ended XXXX QX, was XXX nine XX.X% XX, from was year-over-year. this XX.X%. of an $XX.X period, Adjusted QX, increase decrease $XX.X million EBITDA of of Adjusted for X.X%, a $XXX.X
we performance into our the QX, strong XXXX, $XX the and $XXX Turning opportunity substantially million outstanding further total long-term convert million, revolver sheet. to our the reduce debt, our now balance of to to rate, $XXX balance financial increase face by sheet; doubled value. debt to our million term available we the reducing an strengthen to continue In refinance interest
to Our needed. supply this basis, any longer-term completed, capital. inventory debt by conditions additional increasing to commitments a financial more growth on making for chain to has position expect where over reduce adjust strong and allowed opportunistic us subject With current to the need environment and to continue business time we strategically refinancing
to refinancing million interest $X expense. quarter approximately the We per us cash save in expect
cash capacity September XX, $XXX of million restricted debt of cash of revolving and had excluding total which As GAAP of million. million, our we $XXX.X million credit under XXXX, long facility, $XX.X $XXX.X is term,
we Turning logistics challenges good. our outlined the we and environment quite We performance demand during we be the various year supply now and call. we to to QX, believe our discussed our constraining GPUs now our return margin earlier and outlook available, able the to are full year, ease closely expectations become more that targets. for to Wherever expect will performance. our as remains Therefore, the track earnings XXXX constraints actual more initial revenue
to largely modeling in million. EBITDA total reduced $XXX prior in to the $X.XXX $XXX growth revenue representing in range XX.X%. our to million underlying expect we range call, we million the discussed the now details XXXX, to For as million operating range billion billion, and same $XXX Adjusted $XXX with earnings of the income in of exception of $X.XXX adjusted additional the X.X% The a outlook remain of interest expense. of
ease, them. For repeat I'll
continue We expect innovate scale larger level. well year increase expense year-over-year need support to to of company gross operating public margin higher as to revenue a to slightly and to a and The a costs. full at decrease
time. rate average the of you of uncertain and vary this tax amount a And trial on million depending full $XXX With pay diluted recognition outlook. million will open debt Assuming approximately in timing win at patent please The line is no further appeal. Q&A? we're $XXX outstanding Operator, And of the per to year questions. approximately expect in interest the judge happy could rules approximately for of our any XX% to of XXXX XX% we for is to subject This million shares effective not open $X of million. for game the is down call weighted that now now $X expense to XXXX QX, quarter. what
