got to with Thank Yes me bear lot I've a Fred. cover. you,
and now quarter me the highlights full turn let So, year. the fiscal to for financial
and XX% organic $XXX revenue the basis. and X.X% the and on and for reported front, revenue increase an approximate million an was currency fourth period quarter the year comparable over as of On $XXX XXXX approximately constant and XX.X% million X.X% approximately
quarter the headwinds included $X.X million results of these year. mostly to FX markets. from contributors euro, approximately FX and $XX.X emerging the million and The CNY, for the Key headwinds for are
became of million half the Cianna revenue contributed and Cianna sales contributed $X.X core quarter. and $X.X and for part year million at both and the the million. quarter total ClariVein with products respectively back ClariVein million of $X.X fourth growth million of the in Acquired $XX.X ending $XX.X
continue I be since as received a We increase in should finally our Cianna continues to OUS, then QX. CE high steady activity A sales Fred lot and on or mentioned. in ClariVein quarter-over-quarter Europe of say. Mark
revenue Our XX%; X%. direct an EMEA organic follows; up up on worldwide X%; quarter, dealers for as contribution up OEM Endotek down currency were X% X%; constant up U.S. sensors up and based X%; the
sensors dealers XX%; up up OEM the up and up worldwide For year EMEA down up direct U.S. X%; X% Endotek XX%; X%. X%;
slide we highlighted as and we basis our present to be mentioned in with revenues will And the on which our deck, be consistent in in monitor way finally, press manner which release a our we and Fred more go-forward business. as the recasting we
We investors with clear point market. will the to operating momentum business doing this end in be a critical way track call provide by of the to the
are Page transition and have of QX deck transition. needed make we this on much our to eight excited We this detailed slide
format will QX. before information on to our We end this historical revenue the present begin of we'll and QX call in earnings data provide our
margin XX.X% non-GAAP our the a front, quarter On gross the gross the XX.X% margin in year. basis QX on was for and
had Cianna guidance. a within improved did from mix margin QX a our from our performance We and and ClariVein. showed strong from the performance stability gross stabilize. and revised plants and Our strong some see sequentially was manufacturing We
percentage OpEx XX.X% were basis. a for revenue operating expenses QX a of quarter non-GAAP the for On the on our front, approximately XX.X% year and the as
QX, As $X.X on six a have working getting we delivering saw we've in discussed leaner revenue. expenses the more in over to $XX.X to reduction from and last million while we been nine million months, QX
continue came Our These Jose XXXX. and into cost office that savings savings materialized and headcount, reduced we consolidation, San expect our cost expenses. to discretionary from
continue beyond. our to increase addition In but through in to that also operational footprint our cost evaluate to only not XXXX to reductions and way continue focused be and sustainable efficiency we ensure attainable, headcount a
be been impacted surgical have we reactive We that our open weren't revenue to would that cost and/or and we sure our reductions make wanted growth.
going some of And operational we to I'll discuss a in We on take efficiency will approach. continue programs that the minute have in XXXX.
a the comparable year the on compared and by for they tax we the and driven for tax non-GAAP and XX.X% for benefit other The to Tax exercises XX.X% was rate the period. to quarter rate are XX.X% compared comparable when decrease was XX.X% the stock basis period. and receive adjustments option the primarily in exercised minor the difference the in
compared earnings comparable the to front, the were On quarter for for earnings as $X.XX $X.XX period. non-GAAP the
For $X.XX the the were to compared for year, non-GAAP earnings $X.XX period. as comparable
and efforts that are materializing. revised guidance. business the of of evidence EPS of was bottom-line cost believe on our high results our end We show our the stabilization on the control
flow And was our net milestone To a us adjusted for putting a $XXX acquisition debt me debt hit and and X%. is X.XX few $XX.X items. million an net of cash sheet balance everyone. $XX wrap-up, items payments. approximately million of approximately ratio Cost balance leverage investments was down And basis. million paid cash we Debt balance other of on let at
quarter and D&A $XX.X the cash for $X.X stock $X was the $XXX million, CapEx came approximately Free Working of approximately flow of million. quarter. for $XX.X million. million was million, capital in expense at comp
for guidance to let Now me XXXX. the get
and X% in excludes represents, to expect impact of billion any we of be revenue a reported range For increase the revenue the to X% full billion. $X.XX XXXX over coronavirus. from the year, reported This to $X.XX
not will the of we the guiding for are While moments. coronavirus, provide few impact some we color on a impact potential in
some the non-core to at will expect our this still roll off impact rate net we acquisitions not organic currency growth some and adjustments currency the million these in in that material picture this fall constant million $X to $X expect that X%. are $X headwinds non-recurring maintain do We line FX STD revenue and core reported $X X% into as in they to which overall arrive approximately related reported rate to revenue ConvertX while to growth constant the growth to of million year. QX of in a with of of of would to million is items follows
margin In addition, plan but We expenses. been discussing levering operating to we just gross gross of not margin have to we only moving instead our lever margin. as are guide also on improvement, on operating
different to to be a XXX over the is basis XXXX will more to will improvement on margin to margin mix projects basis be XXXX. and active XX%. approximately That's we basis improvement continue margin of margin point several non-GAAP on Operating a our and X%. XX% will cost-saving XXXX-ending back GAAP operating R&D efficiencies, operational XX.X%. of approximately initiatives pieces X% approach The approximately comprised that XXX non-GAAP focused a Operating a of into of during half implemented
few these on A comments cost-saving initiatives.
once moving we million and previously into million Melbourne we our which Pearland facilities, As approximately are $X discussed, to and $X sites product annual contribute an basis manufacturing transferred. on savings other lines fully we in Mexico expect XX for to
In million consolidations $X of transferred. an million annual $X sites addition, savings XXXX. the consolidating site fourth once into other quarter complete ongoing and until to The are won't are four with and XXXX fully transfer be of we and fully
X%. the an between XXXX. GAAP $X.XX, XX% $X.XX approximately On will for at midpoint range represents On non-GAAP and the and a to between growth the which earnings on basis, of be range of EPS increase $X.XX front, we $X.XX expect X% revenue will
impact, mostly CNY. includes headwind of of is which from FX the a guidance Our $X.XX approximately
of million to of XX% to excludes exercise. $XX basis, non-GAAP million approximately $XX which any approximately benefit rate on a option tax also XX% guidance a stock from interest and Our expense includes
of On reduction million Board Directors cash Merit's million, over cash of the the expect CapEx flow a executive be capital in we XXXX. to to expenditures free and have free $XX discussed range at tied of forward. previously we the $XX million compensation fronts, has flow Also, $XX as midpoint to going
any impact the of are the or contingent acquisitions million payments million. expecting cash cost-saving $XX coronavirus $XX flow from free in initiatives Excluding we to range
our As the guidance impact not earlier, on coronavirus I include financial our results. of mentioned any does
significance impact this our up seen have this changes. While some we a to impact of to still and few certainly far, and show the predict. us difficult are certain seen Thus we anticipate fronts duration have business vigilant to on being for and is react
the On we front deliveries have orders and some seen inconsistencies.
and As have conservative focused result on the million fiscal million our for $X.XX estimates quarter. the core a conservative of we potential of estimate $XX worse access EPS. potential in could an impact net in coronavirus the we sales range impact, sit impact to $X.XX for a we now to of in full to Where $XX
you impact our we on can to last. on available As very didn't wanted until But we guidance the dynamic this how as estimate of situation. becomes everyone to late investors what see know, can't give mean may begin and information conservative a to will we this and anticipate our January update long more we a
the a QX working and last we lot have wanted slide you X deck. finally, items our things our to to talking and page And summarize point and then been those time year just of on last about one over of
between savings they free product as tied XX and and in transfers To summarize, compensation Mexico better site optimization, to product are new with then and investor leak to and annualized million consolidations our executives performance line cash XXXX, performance improved and $X the in and line of investor follows, revenue and corporate-wide external to rest alignment line consulting $XX with Pearland, million with reporting new employee flow improve items Texas XXXX Tijuana, cost compensation four executive those SKU visibility to the an company website. relative to firm