Thank you, fiscal joining our and XXXX for you results call. Good Jim. conference afternoon, everyone, first all quarter financial thank
are off We a to year. start great this
in our see guidance after revenue can the As from closed today, midpoint was of issued we market February. you gave release the QX above the press slightly
trend Our an and open of higher revenue continues source and number segments, opportunities. mix to toward growth we even seeing related IP are higher
the items All over produce the quarter of a reported ago. we first helped significant results these improvement a in year
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applications the to business quarter world. our to of is relatively had showing IoT in learning their an with its SensiML Labs, and In strengthen acoustic is locks, Our connected is best SensiML accelerator detect Silicon the significant machine one the leaders Labs. acquisition Silicon enable business and win with we April, distinguish represents into with Labs AI/ML since SoCs subtle latest of for SensiML partnering events proof-of-concept which Silicon a announced to sensors customers. XXXX. wireless door machine Silicon security. us edge using developing partnership built use for its audio learning and development SensiML's in Labs home expansion Together, of This are new a fast-growing SensiML demonstration
large royalties to-date space. in digits with recently its next customer We to Beyond Silicon contract additional and early IoT lead the believe agreement this SensiML announcement revenue largest six with Labs, will worth a year. SaaS won this
of some costs development variety FPGA with our is for now of analytics quickly applications, allows devices is programmability. a and both The toolkit eTopus into collaboration developers smart a chiplet the with data an collaboration and AI/ML design consumer easily a SensiML the at in millions integration of high-speed a of best design. cost. use also intelligence local that Chiplets building, applications for Bosch for Technology. Semiconductor flexibility and especially expensive variety IoT to allow and sensors. existing add call, February combines a announced athletic of the Bosch the more with tens reduced target In significantly to getting This demand The the the chip sensors feature to of that number markets. including worlds of mentioned automation. dollars integration any home and of SensiML industrial new I standard Sensortec military using is boards We of wearables supports IOs and getting endpoint eFPGA-based high, computing center,
the several firms Some tens chiplet of in next be dollars of forecasted in billions research that market have industry could years. the the
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area, this supply that production result that our chain we multiple designs forward. mobile year. for in slowing, customer. this revenue are contribute won display our chain supply will and our we have in moving later products products these development proactively past implemented margin One Ahead in believe enhancements where of quarter with phone We primary large issues have demand, will improvements bridge the is meaningful gross for
in change believe second level see this in year to market, of to build difficult want topic the to second we the constraints the their disruptions of that This we customer reflected time, shipments don't will first making of the for supply more experience for I lower chain, on global this customer. same industry. same by the we the And quarter we impacting IC-related new in half have broader the for that continue are for that no While quarter. our designs it the outlook the are reiterate persist At ready was the product. supply
staying is to Capacity the sticking point in to inventory part required, to access our continue help of assembly ease the the chain. and we is supply in increase goods test tight order Our concerns. finished and supply committed for get
mature starting our will be down good our positive this a the has this for macro are product currently XXXX. as QuickLogic stabilization year. confident mature some trajectory on the in bookings revenue sustainable. to see in productive balance Finally, we believe I'm and we Without quarter of period It economy, as been that segment, and slightly is from clarity for ever
Let over financial me Elias now the review the please turn for go Elias, ahead. results. of to a call
