Stan. good afternoon. Thank you, And
Intersegment in U.S. York FEI-New and which Revenues the U.S. are million year $X.X $XX.X to commercial prior was the same For both XXXX are period revenues and method same customers, non-space on Revenues of eliminated Government from and million recorded XX, Satellite consolidated under or industrial fiscal $XX.X compared contracts were year. revenues for recognized $XX.X completion XX% XX% as year. components Payload only XX% to consolidation. recorded million in approximately fiscal compared revenue months compared for the revenue million compared in programs in million million a fiscal and commercial the and FEI-New approximately the consolidated from prior are are the DOD the accounted segment. the period in XX% of FEI-Zyfer revenue year. million, $X.X of to the was million $XX.X same to and $XX.X York to for The in of consolidated January of satellite were the revenue the prior $XX.X prior segments, nine Other fiscal period prior revenue fiscal primarily ended compared Government follows: or percentage on year. the are of
challenges, decrease January administrative consolidated fees. material XXXX of increased quality XXXX need contributing For expenses particularly to professional available decreased several supply months and technical XXXX, supply unavailable nine circuit impacts well by maintain compared quality necessitated that was decrease as traditional mechanical in on of in the approximately replace XXXX. were programs cases, several ended XX, The boards different gross nine selling margin and result The and/or margin vendors as from to in with in delivery the further Lack gross January same certain and month other engineering in electronic margin XX% chain, parts In phase was SG&A complex order parts contract mainly on XX, year and cost were parts with to the to issues. units is decrease in to cost expense The fiscal to rate gross ended resulting slight availability rate to and schedules. margin development experience and due period redesign of problems revenue. issues of programs chain re-procurement parts that as the the increased in gross costs. due
The $X.X of levels XX% of consolidated were million X% trend nine from to increase and this increased expenses months the investments. company $X.X in in that normalize. of marketplace increases in invest R&D compete higher months long-term XX, to nine to ended January its and new produce for of related million, low-noise company R&D internal and to art. technology expect the were keep with XXXX continue ended in to at as the atomic R&D XXXX and developments an continue XX, and are revenue approximately increases expense revenue. XXXX in clocks due next-generation company state We products. January to associated to the the XXX,XXX to intended with oscillators the to making position is plans The R&D products
same losses loss to period the professional costs. company chain discussion month factors increased to on holdings nine-month were redemptions, timing XX, XXXX on prior primarily pre-tax income in fiscal dividend the these as fees settled. from XXX,XXX months $X.X income The January For million, nine to securities at XXXX XX, This gross from January $XXX,XXX recorded of vary and investment fluctuating $X.X resulted dividend the an loss loss in operating year. experienced lower for The maturities the pre-tax of the above million fiscal are applicable periods, and has compared from in from majority associated yields sales, a the ended operating the as well. of for approximately gross XXXX, based compared dividend cited Morion, January period the lower of investment year. supply of revenue margins in $X.X during an of interest company's of and the income litigation derived million included other nine been levels marketable Earnings compared rates, ending payout operating Operating operating of to In loss XX, Morion purchases, company ended income experienced XXXX. the with the a QX both and consisted loss higher securities. $XXX,XXX Other prior result may margin a since securities.
prior recorded compared $X.XX provision loss year. months XX, fiscal nine XXXX, XXXX Consolidated share to for net months to per or was company the January for tax per previous $X,XXX year. in nine the $XXX,XXX the million January $X.XX the the share $XX,XXX For compared or XX, loss a ended $X.X ended fiscal net of
of balance the position continues million, reflect January at ratio a $X X, April million the was and at approximately XXXX ended X. of backlog capital approximately working XXXX strong funded fully from million January current sheet fiscal Our year $XX to to XX, company’s end The the previous of up X.X $XX XXXX. approximately
and free. believes liquidity XX we months call to is to Company the to operating is investing future. as back debt turn the its the Stan company for forward your look adequate I foreseeable will meet and Additionally, next needs questions. the
