and you, Tom, afternoon. good Thank
York method U.S. the primarily which million are under commercial $X.X XXXX, segments recorded fiscal million Revenues compared $X.X FEI-New XX% in X the accounted prior $XX.X to compared prior government year the approximately York months $X.X on fiscal U.S. recorded from same percentage period XX, million compared XX% the programs non-space and million period for and the or of the $X.X of only million in FEI-Zyfer recognized period consolidated revenue and approximately July The FEI-New revenue DOD follows: payload the Revenues are was fiscal to of satellite of the same was and to million compared for were prior fiscal are contracts segment. and are ended revenue both XX% to the completion consolidated or revenue year. customers, for and in components of in year. XX% year. as prior For the government of $X.X the same satellite from
the commercial to government approximately prior due increase programs. mainly Other ending to the fiscal revenues was compared X were 'XX year. revenue in $XXX,XXX XX, industrial $XXX,XXX in and The July for non-space approximately months
increased increase in revenue. of XX, margin a period the dollars the July 'XX, compared margin margin the same The For result gross the X rate increased direct to in fiscal gross year. prior and gross as months ended
The increased gross to main X due margin factors. significantly rate
related as programs have in moving a been the First, resolved. many of of last the result, forward. year technical challenges part now early are And faced fiscal
X%. benefit the July and other by Second, approximately adjustments onetime were ended margin there 'XX, during also XX, contractual months that the rate X gross
the was months X largely The April, period expense the XX% ending to consolidated prior in due and X% to the decrease in as and consolidated year for increase XX, revenue. compared SG&A of SG&A months 'XX ending of revenues. were expenses XX%, 'XX, X July respectively, approximately July For 'XX
approximately ending of meet X R&D scheduled X to months to at the to XX, expense R&D for July art. July ending the for XX, the 'XX, dedicated in company decrease X R&D X% 'XX, the $X.X decreased working revenue. plans state production orders decrease months due XX, approximately and 'XX from R&D $XXX,XXX were and continue $XXX,XXX invest approximately deadlines. a its and XX%, of July to of ending months for million the respectively, the in were resources on products The future keep consolidated to
company months $X.X X 'XX, the increase certain approximately cost-cutting income prior of revenue to combination the approximately and income million Operating increased year million of recorded in an over increased the ending July effects the July operating the of XX, fiscal $X.X operating of due year. in loss in compared beginning by instituted 'XX. to measures ended a management gross margin XX, X months 'XX For
income sources. for on or net can of July pretax pretax fixed sale made the an reclaiming trust ended from approximately July of come interest ended loss assets, deferred compensation from The months to payments Other is XX, X deferred employees. metal, X 'XX the assets retired various approximately to to expense the derived income the XX, This expense is income related 'XX. $X of months for compared refunds, million interest $X.X yields million
share July fiscal net company to same XX, the X of million months the year. the the share July period fiscal $X.XX or compared $X recorded approximate the for million $X.X provision for of a 'XX, loss for the compared a For per approximately $X,XXX previous $X.XX negative or tax to XX, per income was in 'XX, provision an period same Consolidated ending months year. X $X,XXX ended prior the
April fiscal 'XX. end previous Our fully compared the million was of July $XX year-end, funded XX, million backlog at for 'XX $XX to the approximately
million the company in level In is than the has addition, this consecutive $XX in seen a not fourth XX years. quarter is greater over level, which backlog
While significant be into contract the additional out year, come quarters. will to we added revenue turn in expect of some to and coming backlog awards of this this thus backlog
The the approximately approximately continues a company's million July sheet of $XX 'XX to position current at ratio reflect capital and of strong XX, X.X:X. balance working
company and is its I to the The free. to the turn investing XX Additionally, is your meet future. next months needs the believes company questions look liquidity foreseeable and later. debt operating back will forward to that call we Tom, and its for the adequate
