afternoon, you, everyone. Good Thank Stavros.
results begin Let by reviewing detail. greater me financial our in
and international million, increased XX% to expectations of our gross to in $X.X As best healthy have XX% which important revenue the XX% fiscal line growth while million. million, the we line history. XX% $X.X XX% grew Stavros XX% revenue second nearly of focus this to company's $X.X grew total in equipment the to is quarter to million, by Top our driven were domestically expectations. a This XXX% results grew XXXX the revenue XX% Overall, doubled growth quarter with noted, growing revenue revenue by our revenue with to revenue driven in by $X.X Consumables line as led margin focus to redeploying developing Domestic assets now both devoted of Consumables their across to and consumables million, represents recurring revenue. revenue. reflecting recurring product as equipment revenue internationally. drive stream. by well XX% by revenue and or $X.X
related by increase year. and second increase XXXX second commissions expenses, to see royalty pleased on expense our the offerings expiration by not to but second a million a fiscal primarily our increase in higher our a $X.X non-cash minimally million the $X.X for organizations basis. out $X.X products. expense led build of second a variable XX% to August income on area therapies decreased with of growth quarter, principally $XXX,XXX product next are of and our to million. from from selling loss We of XX% last operations lines that markets, in quarter increase loss product other strong XX% relevance line, for our a of revenue, to both global of expenses related in from The XXXX, in invasive continued the the sales increase quarter Medtronic reflecting increase related generation expenses in compensation during was to G&A quarter the international of contract domestic driven of the our and to of the compared also operations R&D quarter fiscal fiscal second product our of $XXX,XXX very the and Operating across revenue ultrasonic were development the This the only XXXX. with Due robust appeal XXXX across in
deferred tax the legislation enacted January recently reduces lower XX% tax rate. reflect revalue addition, to to our U.S. XX% which effective from the assets tax statutory rate XXXX, as required to In X,
revaluation. the recorded a As expense reflecting result, a $X.X this million we during tax quarter
assets tax XXXX, deferred Additionally, remaining their of we accordance determine as GAAP. our with December in to realizability evaluated XX,
our of growth cumulative are those if been required years While revenue or negative. positive are three determine impressive, results income to we has measure pretax last
were XX, June three-year position. we XXXX, As in profit cumulative a
$X.X that As continued we investments XXXX, of are position. the in of million next end force will relating non-recurring we our this fiscal direct and In three-year a This are be from in professional cumulative internal year, 'XX is the generation making in in the December the fees we of to our loss as 'XX, a matter. and to investigation sales projecting platform. resulting building of XX, of Nexus FCPA part building addition fiscal
reevaluation data we we assets this not per fully deferred in XXXX. we XX, note loss to new that the profitable on quarter charge realized. to have will able share valuation our were $X.X tax non-cash XXXX a per our to does operations. business reverse assets future In the charge net during been million deferred a still Given led does We the believe It's of which that when the fiscal required second tax in $XXX,XXX we for a of these and prior recorded tax points, our business of December reflect ongoing remaining to reserve utilize performance of loss This $X.XX to charge impact allowance be is million this year $X.X the a quarter. actual years reserve share $X.XX compared our a sufficient tax years total, $X or recorded non-cash not assets books and at important our and of period. we deferred will or second million net the for and the
impacts. included the tax loss per $X.XX share for for quarter the $X.XX Our of
onetime for net loss this the million have Excluding $X.X the quarter. expense, would tax been
the expect we partner, in more of lost XXXX from half to $X.X in distribution to to of have fiscal Regarding The 'XX receive million offset of XXXX. an cash million royalty of fiscal additional our Chinese $X new licensed. second than fiscal million will during contract that technologies from the receive we expect $X.X the new cash this impact we the related
of EBITDA happy are We positive the quarter. we that second report to adjusted generated $XXX,XXX for
non-cash income adjusted generation EBITDA items. before a taxes, we We Nexus our EBITDA to statement While expense, rate have believe not next is non-cash an quite R&D is from few our contains and reported cash depreciation, that EBITDA compensation that our in expenses past, the or given earnings important this define earnings we project. run show amortization, interest, measure adjusted
We of which excluded expense R&D part Nexus company's an a is have the not because is this typically run rate.
have we XXXX also and full provide revenue revenue mentioned, $XX exceed Stavros now to to guidance expect year As elected million. fiscal
ended Moving on second $XX.X with million and we sheet, the balance the no quarter to fiscal in of debt. cash XXXX
progress providers In even existing us we more the and during improving generate fiscal sheet to of to ratio balance $XX.X operations achieved to cash closing with December new but to further half from the base, the so working of And Our this leverage allowed year. X.Xx. $XXX,XXX us capital working of a healthy XX, opportunities our capital enter markets. first highly ahead remain encouraged million at increased date about engage healthcare product about of
improving progress fiscal expect With momentum that, the performance turn to the second company's operating to into We are the continue by make continue and operations of it half to positive operator I financial energized over in the questions. we for and will XXXX.
