his our The Good Ehud. for in day detail highlights participants. you speak Thank that are following. to call part. financial will believe later them results all the our We themselves, Avi and
improved sequential growth revenues to It’s margin in XX% quarter, X% million. revenues and the a we to of target with and our is along which year. to were quarterly $XX over model. line our Our last compared XX%, year-over-year grow Gross expect up
some comfortable XX% that $XXX is to this more year, growth for and the million improvement of than million believe is the guidance is quarter We full believe quarters. stand we we revenues, last this and continue by margins next in level of in valid over for in we year EBITDA compared guidance. XX% current the and $X.X gave there of and to or room with revenue guidance of our operating is adjusted Our XXXX, which this feel
the balance with cash at of which $XX March, follows successful net a a capital the are we covered and banks U.S. $XX a to sheet million of investment portfolio. raise which very have shareholder the This between by institutional quarter. It from did now book connection million and investors We the focused technology strong our of also or added the also we and leading focused are Wall four five long companies, defense of leading in end which term, Israel Rada and and analysts. tightened on Street some in
our It levels our to Our current in inventory to us enables secure growth. us the It enables plans needs chain. support invest supply efficient our current manufacturing. to continue cash and
production on our focus cash all them. market ours later, I describe our bit also we to identify good edge, will manufacturing U.S. global While about. as on needs, level and the opportunities capitalize U.S. Israel a we to the in semiconductor operating to us our maintaining which of This accommodate is are our crisis inventories U.S. with increasing efficiency and capacity and our satisfying both doubling some hear R&D we allows as and
are markets continues Let’s recently and [indiscernible] to around positive traction seen a our U.S. global European from and broaden. Eastern We’ve us, and recently for more both markets, the emerging counter-UAS to discuss Middle which In mainly the our markets. growing our and in on in trends pipeline now general, basis. develop defense continues base
have initial are from in follow-on we so customers, to orders have we we orders production. what anticipate and Beyond to satisfied upside the already far delivered significant
four of a framework The Army of dozens is of the which the This The covering additional is the and expected be and semi-annual four deliveries [indiscernible] U.S. will [indiscernible]. General portion portion orders OPA. USMC $X.X received awarded contracts IM-SHORAD and XXX programs, production Army program record U.S. this year. to integrates systems each midyear other of to U.S. program Stryker is XX vehicles, The radars. of GBAD delivered by billion radar Dynamics and initial a this by be with vehicles Specifically program of we mid-XXXX. production expect delivered for spring funded XX
programs satisfying counter-UAS U.S. Air programs urgent and support it in our needs testing, in potential significant to along into and of defense XXXX USA or and Force SOCOM XXXX base After incubating the are continuous various undergoing Additional should growth integrators OTAs the onwards. record. through and
while deliveries XXXX XXXX for expected few XXXX over There programs serial for and part spread to years. probably vehicles, and APS production pipeline brigade. onwards. the protection will is Fist radars, Xst are requiring testing commence of of over is is of Israeli the Iron Eitan development that may APS believe over AFI of are Serial X,XXX several Elbit additional is XXXX and program in thousands potential to the scope Bradley know, The radars vehicles, of terms our U.S. a one you we ongoing. The production we than currently, active XXXX. XXX in start is ISV fighting scope Brigade systems and In will solution Army’s fighting as potentially radars over and in programs commence the this with the in higher
few We year. products launching a are on verge this the new of
radars [indiscernible], start year. we shall In towards to end addition new field the this of two testing the
high and all our tactical MHR first processing, The the of a next multi radar goodies the mission tactical make for next family, NMHR, MHR. advanced such It’s advanced here frequency radars capabilities, and and is for digital the the band, with protection unique direct near to wide the uniquely component features the that adequate energy adapted systems solutions force, furthermore as these make and term accuracy, it all maneuver evolution others. ideal weapon radars an build that
and in MHR radars comfortable maintain to better revenue our continued and radar XMHR, our radars other market addressable guidance are growth. ensuring the over XXXX, gap our growth of In our the reiterate the address are visibility The now quarterly $XXX growth, the should is global coming MHR and years. our such of our we threats, and feel of and detection maneuver point for in with level profit this at year and on of new summary, missile to and sequential increasing total significant expectations force extended we aimed sustainable and the All cruise our the such filling. about. or at capabilities we margins radar leadership at the for plans range as as according family control defense market and million these tactical performing which and fire experienced enhances Based
better. our please? will our point expect finally be the Israel, continue for future, to clear over upcoming growth best to like the ever We Avi is at and reporting while continue it this quarters foreseeable our hand quarterly CFO. that to Avi, I’d our results, to discussion