Brian. appreciate us this We call our you good And on morning. morning, joining Thanks, everyone.
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we announced color last XXXX, some Before for acquisition our you give me performance I into let our latest provide on some insight evening. fiscal additional that
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global quarter product our development as for year of manufacturing strength world, reliability growth productivity of well OEM as university then on customers and investments fourth full and Moving around our automation enhanced provided our XX%, research top and new XXXX investment by systems. in performance industrial line broad performance, secular and in our to financial continued fiscal the reflected
setting finished addition of segments. We year the record for the million, $XXX with business to records consolidated in each top-line revenue of
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with and area on reflected with our EBITDA intensely this being as performance. top performance, line focus also profitability in to pleased once progress adjusted our our pleased continue While in again our are very we
with Looking the on back strong quarter our at EXM year the continues year. Technologies another we and expectations to acquisitions perform to the beginning the finished completed initially this year, described of we as
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business our very many job positive. this all have Sensor the build that the been meet for has our like a tirelessly this flawless this the we The has integration integrate outstanding and future. that and the going I'd business of last to to of Endevco of we the recognition in Sensors MTS delivering the expectations acquisition August worked ownership is performed that the to over have two months couple special existing MTS months and completed our employees well done the both confidence on I as business combination that well Customer plan initiated strategically timelines, future give well. expectations. reception performance to They've an with to as customer our business extremely the we'll integration full into expected to successfully, into
building outside that and focus resilient on the a our this We in making more of on to that is of long-term better one technology execute a company, to financial along time over the performance. support to of in is and level our sustain continuing focus we're believe growth, business and customer to and short, will equipped successful prove environment with investments inside strategy sustained measurement external higher prudent productivity legacy improvements. efficiency In and as consistent test changes
the now for revenue, will the and year. briefly the orders, backlog and for you full I fourth recap quarter in
business, of we in our basis orders, & XX%. a year-over-year on at first decline Looking a Test of generated Simulation $XXX orders million
from orders in increase fiscal 'XX. QX XX.X% a However, of
automotive for We we've the last XX in continue to headwinds volatility to market experienced to related certain specifically that the months. sectors, XX months short-term experience
effects due softness macroeconomic addition, we've in In to some tensions. seen trade and China
year Sensors orders million by the ended during strong Our $XX very on the fourth in a business note adding quarter.
as a see particularly region, both business higher and uncertainty including and the markets European the in conditions Asian the continue broad Americas general From standpoint, global to across in weakness weakness in for periodic in around we've Americas, China compared Sensors. markets most end our the industrial the and sectors continue to we test We and volatility seen sensor Europe. to strength geographic navigate the of
the orders our prior the in million ending year. of second the with Test in & slightly the in full annual of fiscal half $XXX Simulation orders trailing we year business For orders the year, generated below
total company record over Our of down the increase a year level. orders prior-year for $XXX business combined million, X.X% orders the million, from Sensors generated of a slightly prior providing only $XXX
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business, ended each Test backlog Test with $XXX million ended of at Simulation with backlog. Looking & while million, year the of a $XX
experienced future markets our comment, will a investments in long-term. secular to quarter at believe the around we is significant to by that bodes supported of are expansion for our which believe new ability performance, our our on and strength be we We and industrial the deliver the volatility positive As product a beyond. in businesses. over fundamental of world, fiscal automation the This well continue backlog both expectations, and itself of profitability term XXXX general shorter the serve, correct leading fourth and growth macroeconomic in indicator
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with Test the flight and the integration expanded ahead. in and the & very well our regarding continued has in the EXM revenue upside continued both is performing the optimistic base of addition, markets. We In Simulation associated our business businesses months potential remain entertainment in simulation
experience Defense through ground markets the exposure market reduce shift in & & and Through verticals. profit to consistent business this Simulation to in more of The the going vehicle business in example customers expect and ground continue to improved core is margins We business prime forward. with market leverage Simulation our adjacent award fourth development deliver mix, quarter we of & our overall Test the a Test our expansion in into from technology we leading to vehicles that volatility, key the growth, Department Simulation our solutions. Test decreased
business, growth to the Sensor expect XXXX, need annually, offerings record of halfway first to some the continue in the mark. At on to for years Looking for months as number the revenues year, of have well as with and revenue at by range above X% new double-digit production six being paced of mark Department this our Sensors our we grow a fiscal largely delivered of the contract. Sensors some product average ramp up for Defense of below
on second quarterly and of delivered As expected the we to we half records growth Sensor a indeed, new revenue exited rates growth our second annual setting accelerate, and in quarter, year, basis. we the XX% for
our Defense, and and Sensors continued through double-digit fiscal expect beyond. strong of would strong outlook market Department general the we the backlog XXXX of for growth Given
finish was X%. XX% XXXX top-line XX%. to our allowed the year, gross our just performance margins year margin with in targeted revenue under fiscal deliver coming EBITDA us just the solid full to performance With of under Sensors This adjusted growth
cash years. important business its remain sensors opportunity and represented contributor strong performance, the Sensors future. growth business performance markets we and our by margin Department free With extremely an strong our in the outlook company our expect the in for Defense industrial demand test overall a the Sensors With our of about continuing bullish in coming to to potential, and organic be sales, increasingly we
late product further for trends, future Endevco exciting ahead. August even maybe accelerate the will line in more of positive addition these Our an
to like our all together on So you for summarize, it I'd provide XXXX. few for a bring comments and fiscal outlook
we're business, comprises excited structures Simulation & the aerospace earlier. I testing, markets and in addition sector, increasingly which our Test our energy about For discussed to infrastructure
an this of we and both positive top the see business, and Test portion markets the of bottom-line business. acquisitions expect strength sector have we've increasingly the the in our impact structures on With we the ahead in completed to Simulation & the
the projects will remain this due to it that size However, of potentially sector. characterize quarter-to-quarter lumpy can sometimes individual
the growth year contributions business Of closes & EXM, after strong training look exciting we integrated December. the course, the being R&D, another along of drivers and entertainment for our the pilot which from with and demand from deal Simulation in for into market will strong be acquisition Test with the
consecutive is in this in history. will services achievement multi-year continue exciting a orders revenue a XXXX years of initiative surpassed Test service fiscal again growth translated time in test This business undertook forward. $XXX growth service the we into to our million first accelerate for million over result second of We for the $XXX moving the that business. year. test MTS ago believe few trajectory This a our
billion. of a invested the and During needed approximately more totals this to we now service robust create $X installed time, growing base resources infrastructure, which equipment,
our so would term the a customers expect experience from to anticipate the in as service high Through these and move expanded done to investments, technical into XXXX. footprint while the we've in we around volatility have continuing the sector, that MTS geographic ground of continuing vehicles provide capabilities our we level trend and near world
several itself. the no for with with an model XX pipeline, forecast vehicle quarters experiencing said, to pleased finally finally been indicator Well growth ground volatility an sector, on we early encouraging until still that our are which have booked. However, in that this ground at see orders we trend to vehicles market for opportunity our we note, respect this is point were market month some will firm test test reverse to change
us has and our market-leading the last and to potential execute been performed new perspective, processes, on momentum. products fulfillment each doing availability, further help which and in the our means to outstanding what well of on This costs, share sales has market delivering many more Sensors grow chain products, with of with business significant in over a supply build these the well launching we've This attention and simply year. extremely our will doing customers, look keep working markets. and From reduce positive ensure our
a of example of is Department with approach. this perfect Defense contract the Our U.S.
and With EBITDA of record our execution at producing of this which fiscal gross the year business Sensors double-digit team, to end, Sensors XX% our rates, strength the markets slightly our expect margins, growing at approximately were continue and margins end of we strong backlog in above XX% expanding 'XX.
I'd financial Now, to the to further turn call like to our outlook. Brian Brian? over our and results discuss
