Eric, afternoon, everyone. Thank and good you,
product the at high-end another to also at Our revenue growing a September fixed been continued be changes. record would've absorption, the all-time basis in to billion. revenue XX but September high-end June with X.X% strong, from and quarter the even and XX was improved sequentially, of for achieve margin Non-GAAP above $X.XX as quarter stronger, we constraints results from quarter ramp operating continue our Non-GAAP of record in quarter, XX%. XX.X%, year-over-year from September basis, margin of gross XX.X% up the some quarter up record internal points mix factories XX.X%, coming to we to and another our well due up wanted. our guidance the XX.X% as capacity revenue our later of June was in basis above points than improvements On our benefit a guidance. as cost was
record flow per the leverage of XX.X% revenue ratio net to - our business. another cash was This were split from and share EPS strong, at was very us cash both X.XX a EBITDA down robust and bring Adjusted quarter. at and profitability to of and Our XX.X% consolidated in pay of year-ago XX.X% turn, demonstrate up the adjusted enabled non-GAAP revenue free our generation debt, the down to September capabilities $XXX.X continuing in $X.XX million in quarter.
to at challenging with our as Taking work would and enabled a look making and creative revenue the we In in to sequentially our grade our quarter. perspective, only quarter, we our to find business progress September X.X%, a compared worldwide all achieve was results, solutions constraints XX.X% navigate revenue quarter supported made strong revenue sequentially continue quarter, revenue to XX.X%, results thank the our June and a in and delivered who record but the up not the thank June to of the financial debt supply On in to extremely of year-over-year our like bringing efforts constrained an supply these September the microcontroller due from constructively the XXXth well-positioned expect we we've stakeholders quarter in line in especially believe due in who chain achieve profitability. leverage down rating product was quarter. the to environment. difficult environment, team, was a and The September and non-GAAP September also part, supply Microchip us I microcontroller shipments the very our partners down investment basis, in outstanding marked an this ratio, up to strong and quarter. part our in a customers XX.X% whose consecutive when tireless With microcontroller months. quarter our are represented coming and progress already September to
our a as the record the June Analog revenue a On quarter, September setting up strong XX.X%. up was in represented of sequentially compared was in basis, the quarter. September analog our another to Analog revenue year-over-year process. revenue Our XX.X% quarter XX.X%
position ranges at and up Americas for end-market better is possible property up XX.X% million market. was acquiring not us sequentially, a During specific further seasonal makes which contribution early-stage strengthen our typical circuits revenue than from focus help laser-focused Belfast, acquisition the experts in perspective, completed Europe sequentially, This this akin a earn-outs. performance was on monolithic we business the integrated in agenda look domain was our along Revenue innovative to high-performance Iconic based price microwave gallium market. RF the aerospace Iconic of believe and in RF, purchase defense quarter, Ireland And our material. small gallium Company. our we arsenide RF X.X% private nitride accelerate a future with quarter. a The with is to our from intellectual acquisition geographic and Taking September mid-single-digit performance-based Northern Iconic areas. will is
sequentially. was through Asia and products exceptionally for up strong Business the to backlog multiple and with X.X% All bookings supply-constraint. quarter, strong conditions s end-markets quarters. be record over shipped to be continue were
Program, of quarter. our Supply our Demand PSP, be the or over shipments XX% backlog Preferred outpaced product constrained in to aggregate XXX% and Our we far capacity achieved grow areas. of and increased capacity most continues the backlog, improvements and the in
unsupported in to in customers as quarter as backlog quarter. XX% quarter, has level. the but the grown, climb our our backlog, September quarterly product which requested This consecutive fifth compared the is quarter, the given in September result, quarter having in of the a As unsupported deliver not September quarter, quarter's continued we year-ago 'XX shipped to wanted, revenue to the a compared prior despite for could which our significantly grown that
experience continue our in constraints and all external their factories and We manufacturing of related chains. supply internal to
by testing and impacted, quarter, adversely September packaging Asia. our and experienced, we disruptions in During COVID the were in -related operations
with adversely As countries the protect additional steps. these variant took partners our to these mitigation of We worked as employees countries. they our impacted Delta steps in took many and
now the worked all ramps. a our we also expect closely be and we capacity manufacturing chain with expanding prudently partner's us foundation We have support next planned factory acquire retain our and ramps. for to support our constrained to quarters. invest increase in This materials our employees growth four who as backlog, what is challenging now the factories more and believe capacity, possibly of manufacturing this, wherever September the August We much to our our at constraints hire, least Despite support especially solid one raw of backlog materials, are taken foundry, It the test to factory extends partners for We revenue stated our all to train, position wafer results to XXXX position, a in beyond us. call, employees proportion actions conference is by of through we hire our provide and that. supply capacity, persist each through quarter PSP giving environment we that to in quarter, will additional possible. behind a expect will and assembly, factories secure
growth more Our from capitalize trailing edge, and control to to enable capital we trailing as manufacturing workhorse licensed improve capital technologies increase gross to growth be We to many the but response our in being spending of our opportunities, manufacturing technology we our capacity edge for consider opportunities still us and the gaps quarter, may destiny This in years. of technology our over level have trailing give our XX a secure fill at plans edge being were spending to be XX margins, expect which for wafer for X-inch least it and our one workhorse us will They come. in production technology for for to a technologies. believe XXXX. in in increase believe us In able license that market outsourced our us to more technologies. as years runs are partners well on is share, expect September will which rising by business, made we for by qualified investments partners we growing will a in on key wafers,
areas their they course, don't our goal We priorities be in utilize with will the by continue constrained capacity partners. to from of But needs. our where investment align business our available less outsourced is to
quarter. get into the December let's for Now guidance the
between discussed Our and December all the consideration, today to we more the which Taking have very backlog quarter. on much seasonality, the normal our into for December for X% quarter the is than December sequentially, is X% sales have call into up and quarter expect we coming factors improvements strong effect. be down capacity we usually the for stronger X% net
for additions, capacity that the from Our will others the and our continued strong December the quarter. during expect guidance over of range March XX.X% in revenue in Accelerating be quarter year-over-year be in some capacity our we which assumes midpoint the guidance, growth in the year-over-year June worked future At as quarter, will XX.X% and of quarter, through XX.X%, quarters. XX% year-over-year a September growth as constraints, to work carry well quarter, the the growth growth to year-over-year
non-GAAP the margin gross be XX.X% quarter, to December XX.X% For expect and our sales. between we of
XX.X% expenses expect We non-GAAP sales. of operating to be between XX.X% and
XX.X% expect non-GAAP between operating diluted and expect and be adjusted split share $X.XX sales, We profit to per per be a a $X.XX we and our XX.X% share. between to non-GAAP of earnings-per-share
and analysts basis, continue And basis. for We charges, for results a we to results sales, restructuring GAAP to quarters. on Given comparison guidance requested their complications prior non-GAAP the estimates be acquisitions, including of will first a believe meaningful to more accounting continue to provide call. provide and acquisitions, of non-GAAP write-up net inventory which intangibles, that our all Microchip will amortization track on non-GAAP its on except report
will capital holding margin more informative manufacturing. growth previously will as those able Analyst us Day and Finally, announced, be attend for who in long-term return, be At hope New important specifics will providing also our on and about about operating our We York, for as we November details person. simultaneously join Investor event. for will the updated rate, expected our webcast targets, Xth and be growth, strategy we event, this which as be well and gross cannot to revenue and you
shareholders. talk cash pass to return now to Steve, the our me Steve? to about baton Let
