Thank you, Claire and good everyone. afternoon
total, we remaining quarter while prior and forecast and the Memory the upper at both revenue. IDM, XX% Total the XX% operations Technology's to approximately quarter. comprise than were a Within fourth year. due to partial quarter, same this more quarter of pull-ins non-memory revenues declined the meaningful revenues. feel million period to $X million modest added also devices. other customer shift memory our were from of of results quarter-over-quarter Our Incremental similar however, quarter of away XD amount end from last $XX of revenues XX% the the revenues for increased foundry, the product product segments of all to towards in during
in due guidance of range the of range, forecast end year was adjustment our total per overall margin of XD was approximately midpoint our Our net the guidance range, its a in around exceeded QX end the Technology gross quarter. share earnings high to $X.XX of of quarter but range of guidance the and $X.XX to XX.X% quarter for due rate quarter. around of the fourth operations. XX%. within first Earnings the our for of of the the margin tax in our exceeded Operating at share order per was quarter. This QX impact primarily for partial $X.XX the also share guidance reflect versus at schedule benefit for to lower the per XD lower in in a expense had OpEx partial at the a true-up accretive of ahead
we For the XXXX, the control industry. $XXX.X of million the full outpacing overall in XX% wave fab well of market, year, reported rate growth up achieved highest revenue, growth the in equipment over process the
year-over-year, critical an well for was optical by near-record positions XD-NAND during strong gains customer materials our we records records for dimension as where the levels software, in in annual well revenue as saw Our integrated, over growth sale driven in sales our and market new incremental characterization automated, as increase well memory year. and in metrology spending, as business. achieved XX% outperformance We reflecting of product share service, strong our
revenue the range significant year, of of record target increased R&D fifth while devices to For the profit we margins $XX straight revenue growth to in XX% XX% of double-digit And and our memory gross increases and earnings per other the this share. product in XX%. operating We gross at sales IDM foundry, future This to margin, million. investments year, level. full growth, delivered above margin, was XXX remaining which year operating of for support all reported despite our was increases and revenues, was our contributed basis points XXXX and XX% XX% over approximately
flow $XX deployed $X.XX were cash The just generated under acquire the million, free earnings per in XD or revenues. investments was Technology year, increase and repurchase share stock funds full cash the and $XX million of of and we during net to the reflecting For year. XX%
at are we on the we expectation our the particularly in change. of of half forecast XXXX, first last forthcoming moderation first the a basis. similar to a for levels previous memory. of our mid-teens Whereas XXXX remain our the the decline second of was for have drivers to half Turning for earnings XXXX, percentage expect for There call, to Since several in the outlook a half witnessed year. now
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earnings customer several client further projects our pushed out Secondly, have since been call. last
materialize others planned expected to versus backdrop prior in demand, tariffs This expansion straight second forecast the be their more now the expectations, to are with of Some both capital events. capital been our in NAND pricing, and is quarter data XXXX maintaining least. have spending smartphone A of and export escalating delays The dampened the projects in and DRAM. spending concerns. environment along and in prior trade, memory now half say has look third plans, likely to volatile a of for center customers' confidence weak these
side, significantly are and expected of half of growth comprise growing the entering bright our On our are product the businesses year for to the part non-memory XXXX. first to revenue
full year, including quarter visibility half look as in of This ago, sector. solid first this So, for after exacerbated the what outlook XD. at memory -- we to we even primarily at thought is than our lower the the with point, the a weakness fairly the somewhat is an to contribution due
time, growth devices and below in we and in markets. other from strong broader other expect During foundry, investments non-memory support all demand IDM, this and of XX-nanometer
significantly be this half, the still at we first half magnitude will limited the break will second segments the we in stronger in second expect the of are we end the XXXX. of visibility, half it down point market, half these gain to for If first of the The in time. determined expect logic by it second than that momentum and continue improvement As to with and half growing year. be foundry is
markets XD expect other our and for a stronger service. device also We for second half for
the majority curtailed improves. In we in memory Clearly, record are This have finished question. and spending share in highest terms in just leading the suppliers benefiting position significantly two also companies memory the the and NAND to the is not one we we DRAM metrology. our are up revenues NAND. we of players. until the of memory leading year, three expected of of every first So, leading NAND, is relative from year one market of the at a OCD pricing that from by This better have while drove of of DRAM, in versus was have XX% spending the hold three segment which product half sale six two when
in say is for it half, rebound are core optimism difficult a in second clearly So, headwinds with although confidence there be. our to significant rebound how we while memory is market, the will experiencing that
the closely expect have of help our year. next spending logic, growing and market and to as, view declines second a services Technology a and contribution half the to foundry conditions sales We the XD the memory other XXXX as will are in product clearer characterization meantime, In growing of this earnings and memory in monitoring in expected well by materials business offset rebound devices call. in
solid performance deliver this will and time, cash margins, we to flows. positive continue During in profitability
gross a margin, in sequential are customer product particular, we QX primarily to in due and For expecting decline mix.
margin this slowdown overall historical the relative support during our are personnel underutilization spending. service this We and our model service gross also below in for business, modeling of given
We half expect second of XXXX. for margin the to our to model return in ranges gross target
preparation year, which to given expansion point, we Finally, the end the us demand. of in evident will return at of in memory timing for as look the the capacity toward the rebound XXXX be to
growth We compared markets. relative served will outperformance and to be our return to prepared to
again objective We outperformed for markets and the the next do last the years. wafer five is equipment and side over our control process have same years, five the handily to
pipeline robust products new of under a development. We have
product been increased the prioritized the developing our recently, our generation platforms flagship core net to last new more performance new new in enhancements we've More and will XXXX, next and from been have been which have therefore, products. toward of introductions for eager capabilities our During technologies and for productivity these product, demonstrate launches, address two customers years, devices. applications to our see
expect execution, and revenue committed future solid drive firmly we with positive creating are targets strong XXXX continued continued We and shareholder operational margin value growth these cash growth beyond. revenue towards profitable and and our performance as to drivers gross in to flows, complement we with
and Turning continue to for a revenues more guidance foundry, first quarter, we weighted device memory compared business. our our of for mix logic, other to the expect growing contribution evenly will the
results revenues is $XX our and of Our I plus per margin of and $XX guidance financial expenses X%, to million $XX million discuss in call XX.X%, earnings to detail. Greg will guidance $X.XX. gross turn operating share for minus more Greg? to $X.XX million, $XX the to now of over approximately or QX to of million
