morning John, today. will a the marks impact improvement our XXXX, the of on rate X.X. on Thank and incident was I the with safety over to programs. This reflecting review an of Slide call X performance. ongoing our quarter, year fiscal you, begin of the Through good quarter everyone employee third engagement total last case
towards injury workplace. to diligently X work We goal our a of continue
overview financial Slide an and of outlook. turn to let's Now our X for performance
the XXXX. by in XX%, unprecedented for set has third generating $XX quarter And finish guidance exceptional. up approximately was performance our quarter to year fiscal beat third an We adjusted million Our us year on and in was This profitable historic most quarter. fiscal expect the from income. operating second step we to quarter forward of fourth another record, up take XXXX, quarter XX% our
$XXX million range to XX% and third marks This a in our our an to increase $XXX the operating over fourth guidance X% record of raising our million for guidance quarter quarter achieved. increase income. just over are a We fourth previous performance quarter all-time
earnings $XXX $XXX our adjusted we fiscal in earnings guidance, With which operating end to annual with million Technology. year be income, beat fourth for quarter quarter million XXXX expect record an and increased third Carpenter to would
slide strong mix Let's third product beat The the quarter move continuing third the of to performance. next actions. pricing result detail additional and for for the quarter in is improvement on productivity, optimization
outlook quarter's exceeded second Notably, delivering $XXX.X the call in provided on the above XX% million segment last above and income, SAO we expectations, the well operating performance. quarter
SAO continued addition, the to of adjusted In previous from XX% an achieving the up XX.X%, quarter. margin in expand a step operating margins,
cash of a turning a Importantly, flow of free free into during solutions. impressive cash current serves slide, continue of the significant we generated point flow $XX.X to we quarter wrap clear as see demand our this for portfolio And generation. and future to as quarter, this million strong period up
fiscal a to markets, third and solutions levels. mix year improving dynamics. see demand above higher third continue volumes, actions. XXXX, look market our the our turn we and of to for premium sales increased end-use quarter X our on In supply take material quarter pricing Slide Let's Across sequentially sales XX% closer and at product well
of at [indiscernible] our key a the performance. productivity centers third increased was the quarter, driver In primary
and to quarter, it medical on customers where the We defense aerospace to most over markets. higher realized value remain continue end-use and allocating capacity to focused and last sales
or with their long-term continue to customers with us. secure agreements requests market, remain increasing supply needs. supply, stress aerospace our near- on surety In extend focused Customers and of to long-term
we as help customers to mitigate line-down emerged Additionally, very needs acute. actively situations. areas have are And MRO-related prioritizing
ongoing market, world remain defense customers the given active, very our In events.
times and lead Our capacity with defense concerned serve for are customers more of to our asking long them. remain highly
have We applications. needs drop-in last critical defense emergency the quarter accommodate for to worked over
critical given continue support. prioritize defense will orders nature efforts the essential to of We our
were Altogether, sequentially XX% up sales for to and year-over-year. XX% our aerospace and quarter the XX% of defense up customers, revenue current
outlook given travel fundamentals strong Our and for defense increasing demand continues defense to well air aerospace and needs. long-term remain air as as of
Moving market. medical end-use our to
strong Our on demand customers patient forward positive continue robust to and see maintain backlogs. very market outlooks based
secure very premium medical And area. specialty supply strategic are view the lead for aerospace, with in engagement us their discussing our As and More times a medical material tight as extended. for products key customers are to need more, supplies.
increasing multiple on Engagement In product sensitivity addition with remains robotics, by minimally-invasive seeing innovations with on areas applications projections. focused products new high, surgeries surety to also driven remain and new supply customers we customers of of product high-growth medical alloy others. use supply, our and among
Altogether, medical to quarter accelerate for quarter our sequentially were XX% efforts shipments. total reflects XX% very increasing This following medical of sales was in revenue, the year-over-year. and XX% strong first and half concerted another record sales a
markets and end-use nearly overall our business. medical are our aerospace together, of and Taken defense X/X
Across is our positive. demand customer for solutions premium high end-use other remains and markets, engagement our
increasing strong continue We see and lead bookings times. to
backlog record order ongoing addition, at despite remains levels our intake. In limit efforts to
sequentially backlog Xx year-over-year, currently at Specifically, X% and the XX% up pre-COVID is level.
we the that Altogether, Carpenter strong in market and term. and very now, long to is and right demand and near anticipate for continue are we expand remains long-term operating the in positive. near- Bottom environment Technology outlook that line a
supply every high-quality rely to to drive customers reminded day of continue proudly across and our are the markets, critical solutions performance. role to work we'll on we We chains our that deliver play in
I Now turn the to financial it Tim for will over summary.
