everyone. on line and Good offer results, the environment, I'll additional including describe the outlook. supply Mark. operating on you, Today, morning, our details Thank update QX our provide color QX
Now to QX.
$X.XX. as XX% sales the Please rate operating slower-than-planned this were margins tax were with in of non-GAAP now both the on for The note, items basis. operating GAAP We should customers to was First excluding and our you was for Non-GAAP well. million, hiring. had Non-GAAP guidance discrete below year XX.X%. expenses no quarter EPS quarter. slightly non-GAAP the XX% and gross rate quarter million, rate, profit non-GAAP $XXX XX.X% were a $XXX our tax use full due
$XXX mobility unit $XX QX test $XXX test the revenue Test final Defense strong and systems. primarily revenue as DRAM of Test Storage aerospace and again, was HDD due compute test the from quarter, $XX LitePoint, from in was At group and flash in of revenue year-on-year. System down UWB QX by million $XXX and revenue year-over-year, XX% and million up WiFi million, had $XX and test expected. system-level at Test end sort. perspective. as million driven million a Looking down revenue wafer prior grew from to by shipments markets. $XX production were board which expected. driven million strength solutions 'XX of including year million, was Memory results of X% was Semi from was business sales, in SOC down XX% 'XX.
LifePoint and at reinforces growth into by In of no our provide XXXX complexity to driven built be Looking increases in line to environment, Storage will Storage by Test our a revenue LitePoint, Test noted, to has the examples. XXXX supported tailwind chip the approximately to demand standards drive similar test than with technologies At to complexity transitions and long-term System more growth. that A level. long-term One, in device more combined earnings Mark complexity growing XXXX overall. At business. Two, Semi for Revenue growing continue are in XXXX XXXX. Test, growth was complex applications. and continue wireless tracking trend drives unit Test, LitePoint our connectivity, portfolio positive model. hard The Storage security quadrupled growth we and In driving location double business. growth. sophisticated from higher couple density, cellular in Test, expect disk
This up we XX% Now the million, year. North the and year-over-year sales UR. 'XX. year-over-year. Industrial UR planned what $XXX in we million historical $XX to MiR up America. with we QX, Automation. guidance was $XX of in line the able Automation our in growth to that XX% through highest ahead from at sales expect XX% note was QX IA supply as QX revenue of were move Industrial several as were quarter follow grow to pattern I'll were up also million through revenue in constraints work the we and
labor XXXX COVID financial Recall expect the a perspective XXXX, delivered higher UR in in China for noted, both group range. as profit in we at range war with and to products in scale operating ASPs rising we low discussed towards that are and and the XX% Russian-Ukraine to breakeven we for MiR this for and automation to X% contributed X% to calls, But the From in in costs with compelling. non-GAAP our year, the of basis as was noted, the past a first end full the closely. make impacts IA, Overall on trending the for operate availability of the a continue. the growth, remained higher And Mark full the trend year. case operating we financial non-GAAP quarter. IA payload watching strong demand As expect human events
Shifting strategy the is in penetration cobots high growth to investing for As over Simply noted midterm. as put, these our market and beyond and AMRs we to X% below prioritize are with capture profits. model we growth, past, see market growth the supply. to significant markets obtaining
are getting issues environment strong, worse. While is progressively the demand supply
We continue to manage environment X supply we as years. the very challenging through a for have past
a one our an operations major plant incredible Our partners and in at contract navigating QX. through done have shutdown multi-week manufacturers job, including supply teams management of
could to we shutdown including quarter. In Fortunately, to into numerous highlights will have it persist during time COVID-related We're actions. mid-quarter, the suppliers, to had chip shortages the supply. to shutdowns. expanding supply demand could is range harden redesigning if taking which was recovery in the components pandemic. from chain, Had and and the recover. It we our happened the operations products quarter, the shifted ship later more actions geographically production geographically, new adding following other diverse global there many QX, to align COVID Issues use available our risk delivery
to through at Shifting the the sheet these with expect even half flow. cash actions, XXXX. to supply balance issue However, line and an of least first constraints remain we
marketable had QX. quarter. quarter and million in cash flow as $XXX end totaled and million for $XX is and free the cash profit sharing at typical compensation respectively, million of billion. dividends, first burn securities in pay in $XX in buybacks quarter. the in variable the on spent and the We quarter us Our negative We the $X.X Cash we
in sorry, XXXX. January, of in to expect minimum we million shares -- noted of million purchase a As $XXX $XXX
We of in bondholders Regarding in million paid debt. bonds early to QX. the million convertible converted $XXX To date, have quarter. $XX
QX. to outlook Now our for
customer heard parts strong business. you've all of in demand the As this is morning,
date diluted number the production sales between these addressing our range With to we've with continues $X see expand. guidance we than to of be issues, shutdowns million that on in $X.XX Our for COVID. $XXX and $XXX successful extended of facilities been EPS to is assumes shortages continues to due in said, won't range and normal million, the XXX guidance while are narrow, in QX wider And error margin material as to million of non-GAAP expected shares. to a
amortization excludes second the of acquired The intangibles. guidance quarter
are OpEx operating quarter estimated profit non-GAAP Second second XX% quarter at to margins midpoint the expected to at run gross XX%. is of second guidance is The of quarter XX%. at to XX% rate XX% sales. the
Turning of inflation to on P&L. impact the our
margins. gross First,
to and of We of internally increased the increases our variety bill at primarily costs a our prior components labor, in those partners. including efficiencies, are and through seeing of both pricing, our operational benefit multi-sourcing product mitigating measures, seeing We're investments reduce and materials.
and date our I QX to But with remind very in outlook these performance margin is reflects you, gross a measures. environment. Our for this QX success dynamic
On have to in XXXX the OpEx and growing plan OpEx XX% front, over noted to we tied planned inflation we as XX% for increased costs on still January.
Looking revenue for our the profile year. at
The very a up supply. than shaping expected with little is bit half first tight better
even Supply beginning half, that to demand second The year, into up of slightly some expectations second be incrementally is XXXX. the of reasonably looking with incremental consistent may last push half year's at the versus though demand our higher. test is issues
and as well. the will high QX quarter grow from grow We single level QX expect revenues digits third will sequentially
XX% our is XX% shipments half of pandemic any the Our be our way. the at We're time field more lot than playing playbook very a moderating began. supply revenues sum revenues To XX% second address calling since first dynamic half be a these audibles and across and to constraints and the strong issues, remains other growing view that up, we're but to along it's expanding will to the demand XX%. are company will current
The things in team. execute shareholder Our enjoyable to back in that, passion I'll dynamic challenging go-to-market Andy. observe. to deliver meet functions to Well global continue demand teams done, and support environment With turn to customer is and and collaborate a and operations, engineering value.
