good to move outlook. the then will UR’s will first and term longer key I results morning and some second and Mark advantage provide everyone. quarter highlights, quarter market cover I Thanks, and outlook
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let the and Before the on I address get to financial questions details of asked advantage. some market size Universal market quarter, me cobot the Robots frequently
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Let items. GAAP me a few to move
First, we of due upon in of had quarter completion the a million to successful release a $XX IRS million reserves examination. of tax an tax $XX benefit the based
standard, accounting to lease our new amount were leases a which previously adopted disclosed footnotes. greater applies our million a added liabilities. in our $XX than which assets year, also and We similar This a operating to to
million included share and $XX that to million million Robots balanced which balanced for buybacks, million Cash for Regarding quarter to payments. by XXXX for marketable repurchases, and, $XXX dividends of about in earnout MiR of strategy, tied for driven million automation million $XXX M&A. and allocation powder selected and $XX $XX declined our $XXX maintaining dividend capital payments by $XXX targeted industrial million for securities allocation, approach includes capital the Universal of dry course,
for the million, amortization range guidance million diluted $X.XX second to acquired the quarter, convertible expected $X.XX are the QX EPS is shares. on $XXX the and debt XXX million non-cash Turning excludes and to intangibles the $XXX to non-GAAP of be guidance between and sales interest. now
run should rate is guidance to margin total of XX%, quarter at gross XX%. midpoint second first and OpEx from profit operating the with quarter second XX%. at the should about The run flat our XX% The about quarter
unchanged Let call. me from plans OpEx which essentially quickly January cover for were XXXX, our
tax up year-over-year, spending OpEx to Notwithstanding end Industrial In the unchanged about from compensation think, full from rates full us, quarterly expect full achieve to business operating year, I to changes. our high-XXs flat We XXXX. our in to mid-teens to be grow expect of normal year. Industrial be planned fourth is million towards estimate. the quarter about taxes, $XX the Automation investments, expected apart Test variable from year Automation, expect XX%, year OpEx of we we to our rate Shifting mid- about for the January the profit to
growth has no strong free Automation sheet has to be more cash So, remarks, tenure. capability I of capacity turn rate XXXX. with moves. a I one Andy balance parting the autonomous the test it’s calls, expect we flow, on mostly Sanjay. Teradyne has XX mobile platform the the and successfully to say continue reins now both over X% businesses annually equipment after in operating arm leading the to and my With annually Teradyne to grow successfully companies a margins few expected for test and will and conference can XX% robot test new added XX% trend has shortly, to X% significant with make is my Industrial doubt back to that enjoyable to that, line will strong next-generation at in through call a generates platforms, a as and automation. strongest and who safely leader Teradyne in the a grow admired been cobot to Teradyne growth which
