us today. joining for all you thank and Nimrod, Thanks,
basis. well I I'll results financial referring remind a our as I'd to provided on everyone that results to are like quarterly as our Before discuss the be non-GAAP outlook,
call. this non-GAAP our the As earlier, Both includes to available our GAAP are that press presentation these of mentioned discussed earnings website. release are on David and financial measures of on QX reconciliations
guidance and included Video. Our record that the both guidance. we profitability exceeded our also revenue third our quarter revenue was Broadband Further, quarter. Broadband for for revenue a record results and company total surpassed
highlights In call range.
I'll of and end out EBITDA third some overall than terms guidance Slide company-adjusted top of on EPS all our were our X. here of profitability, higher our the quarter
of reported XX% of $XXX.X and For quarter, quarter, backlog for leaving deferred end, quarter of $X.XX, was we million, the a of total million, well a $XXX.X bookings us our growth. book-to-bill increase At revenue X.X. and placed quarter over continued million, EPS revenue $XXX.X
of XXXX and and want financials guidance, quarter year mention QX to highlights third our our guidance. review we Before provide detailed some I full
Regarding to to are of million prior tightening reaffirming Broadband, $XXX FY million. range we the revenue $XXX our and 'XX midpoint the guidance
to on As guidance, as our our the continue year. information, closely customer revenue our commitments latest do of information.
At just available prior as is midpoint call, expect earnings 'XX year-to-date increase we year guidance to revenue to over latest the Broadband FY we this forecasts, so evaluate results based XX% each we well quarter, and our
our Broadband Additionally, forecast. outlook third results quarter and 'XX our EBITDA fourth due our have raised for FY quarter, Broadband to we the EBITDA
Broadband going our discuss outlook Before to like I'd for XXXX revenue. further,
DOCSIS earlier, in revenue customers seeing plans, out Hence, be headwind we mentioned and including timing X.X recent the recent Unified revenue are related due we updates, coming will short-term around outlook market their Broadband demand dependency, the growth ecosystem Nimrod the XXXX. a creating to our deployment months. revisiting some customer pushing thus XXXX As developments Broadband in
we deployment to delays for create mainly However, potential and timing XXXX these future. positive a shift, the us in this expect a tailwind is
previously most midpoint. FDX communicated. fiber in the slightly to completed X.X including revenue guidance Unified range we this refining Video XXXX regards now confidence position of a business, acceleration nodes lower as with prior Video, well factors, guidance, the market-leading and Our are our stems from technology, this we with experience our DOCSIS, actions of the early have rest-of-market expected and our still here that within Based restructuring on analysis growth.
With growth we recent several as
midpoint. the at Video to our continue related Specifically EBITDA, guidance to we maintain prior
of we a guidance, Broadband midpoint company EBITDA and year full As the and at raising result XXXX guidance. Video EPS overall the are of
was million back financial XX% of QX up million, this $XXX.X call. we to our the to year. top This results quarter's Slide on was earnings last on Total above end range provided a Turning record the guidance compared revenue last $XXX.X X.
Total be revenue of customers million, closely the quarter. for Looking and XX% customer included than the margin $XX.X for gross XX.X% basis year XOS segment 'XX, of and basis revenue. range Broadband XX% mix with deal SaaS and In quarter. was revenue year, again over margin X,XXX XX% to XX.X% up QX mainly points high our Comcast the points for product gross product revenue, we our revenue margin. end at a points XX.X% QX above year guidance. coupled X was with revenue reflecting million, growth company total and over gross revenue XX.X% XX better-than-expected SaaS an was representing $XX.X and by wins.
In representing 'XX, more streaming, representing total XX% as Video which our of XXX to continues points of gross Video sequentially, and cost live million, revenue over up year up 'XX, guidance third had new over Video, sequentially, total of for year, of sports year the Broadband. XXX guidance reductions. XX% QX Charter also was increase up above in to quarter, QX Video previous as favorable year, segment and the large-scale representing greater year basis well quarter, SaaS expansions, Video mix. due basis of in $XXX.X due driven appliance above margin revenue was was QX
our loss the QX on of down 'XX. million year. $X year into approximately guidance, operating income 'XX all exchange in Moving In quarter, had that an unrealized QX of was balances million $X $XX.X $XX.X This QX expenses 'XX above translated of XXX.X we of were both for Video. 'XX diluted statement in down Slide don't and expense/income $X.XX $XX.X over QX of for intercompany foreign the with million, line to QX also P&L, X. XXX.X noncash expect $X.XX QX comprised $X.XX with per our of from EBITDA the count short adjusted a our and quarter We third 'XX and we ended result in compared a This in is the EPS share to million, term. calculated share EBITDA.
Adjusted and also as of million settle other in reflected X.X% from 'XX. weighted million QX per average compared XXXX 'XX Broadband million, share, the
to order strong QX were million. $XXX.X book. Turning the bookings at
and was QX compared X.X 'XX quarter the for X.X ratio QX book-to-bill the earlier, mentioned in X.X in to 'XX. I As
was The order book-to-bill third ratio to business. in lead X.X times decreasing Broadband due quarter's our
earnings in forecasts, base lead prior in orders larger secure with customer a working shorter As committed call, with we've on customers our continued mentioned to times. our resulting supply
As approach we've benchmark the our time, historical expect stated and normalize greater X. previously, book-to-bill than of ratio over to we
million. cash million, Slide sheet costs quarter cash from QX, to we to In the The cash The in on related We cash cash was QX the with excludes operations amount restricted was no $XX.X cash higher and of million. made $X.X to in cash of attributable This $X.X mainly net ended of free XX. million quarter. million. $X.X net during our repurchases. in equivalents income the QX, Turning share $X.X balance change positive flow of quarter-over-quarter in restructuring 'XX
again and We to increase balance expect projected timing our on based cash in QX material collections of receipts.
sales sequential and both outstanding. 'XX, XX the days XX, end The 'XX accounts due to of to timing increase QX in the 'XX. and QX was QX. QX sales in was of compared receivable At Turning DSO to
of to days We sales was million to inventory XXX $XX.X of increase to our decreased XXX days at Our at Inventory shorten and continued shipment, inventory strong between due hand end on of 'XX, at and compared in end in in the end the the the quarter, 'XX. days XX of inventory QX 'XX QX. we QX as QX. do to customer and expect receipt the QX
terms in strong when we capital as the past strategically in to meet we've In done will of invest allocation, appropriate, demand. building inventory
$XXX a December revolving closed liquidity, in $XX credit million and loan. draw million delayed we million a included Regarding credit XXXX, X-year a facility term $XXX that line
As million down of today, we have drawn $XXX on this credit facility.
repurchase not did half our with approved of any million that stock the of repurchase of million $XXX we earlier, mentioned purchase our quarter. As in our common To of during $XX the have XXXX. million under program we program, date, $XX under first the repurchased
corporate of on we've stock said conditions, and needs, factors, As timing the market any requirements. amount previously, depend of of will the regulatory repurchases a including price and common variety stock, Harmonic's
by manage $XXX less sheet opportunistically as our plan less ability of our repurchase earnings Xx around prior total execute that growth long-term and Given can million plans.
Also, of the end we revenue maintaining our forward. of our mentioned continue strong without and we or calls, and $XXX.X At available on leverage shares to resources, net we balance to no QX, going liquidity sheet backlog than prudently believe deferred liquidity to balance was million. impacting overall
the SaaS XX within broadband demonstrate request our deferred providing our commitments. demand for to for months. we're large Our and customer continues and of revenue and strong shipments backlog growing the customers products has Video backlog next of from services dates XX% seeing Around
of These a to year-to-date. fiscal Video costs nearly on strategy, market profitable scalable centered growth achieve We align be restructuring-related cost To business implemented call business. operations, severance savings as recorded during its with been restructuring structure. opportunities, the go-forward of all has which currently we its QX on be and optimizing year, program are will previously million completed. expect XXXX focusing cost earnings our stated, discussed As by as go-forward this in of strategy, streamlining Harmonic's to this total $XX.X driving part now initiatives our last as for
expect annualized million let's FY savings now strategy.
With with savings basis actions review align business actions These 'XX. to that, approximately quarter, achieve from we approximately these stated, other previously Slide million the As better our necessary in $XX were fourth FY in $XX and in and to guidance an in on 'XX beginning our non-GAAP Video XX. the go-forward on for
to million. we due EBITDA between product revenue XX% QX, margins million, between $XXX For million, XX% $XX deliver and to between $XX Broadband expect $XXX to million $XX gross mix, profit million to adjusted to to million between $XX gross
Broadband $XXX million, expect XX.X% between XX.X%, to the and to million year gross margins to million. to gross we $XXX XXXX, $XXX For $XXX between between million between EBITDA adjusted revenue full million $XXX million, profit $XXX
record expect reach in levels For of the QX due of the year. in momentum to to Broadband, we've revenue we again the seeing sales expected second half been
For our QX, million, Video $X million. range million the margin million gross in million, to range we to in gross expect XX%, from million of to to adjusted revenue $XX in $XX and the $XX $X of range in of segment XX% $XX to EBITDA the range profit
$X we gross For and $XXX year, the adjusted Video million between million million, $XXX to $XXX million, margins between EBITDA between to XX.X%, to full to million. $XXX revenue profit gross million XX.X% to range expect $X from
Turning to Slide XX.
$X.XX. million $XX million, the to expect million, weighted profit range of fourth the gross we $X.XX to range the EPS company to EBITDA to XXX.X of $XXX to range from revenue a $XXX million count average For of share and diluted XX.X%, $XX in to $XXX million, from million, from adjusted margin XXXX, $XXX to range in range million to total quarter of gross XX.X%
for that with depicted see displayed will our XXXX, quarter reflect quarter here.
In our in earnings surpassed our us and to 'XX enabled read line I the are of This believe by EPS achieve results release, on your continues here line so to results than For year well-positioned fourth guidance third also consistent at we've let future time, guidance expect EBITDA, this included that year-to-date segment rather press as respecting results and discussed guidance. year The full here, all the it this We FY we the made I've already our growth. results plan. year XXXX revenue, everyone convenience executing in detail. that full strong Broadband original progress read be summary, our year our to full in is listeners' substantial
we've with addition, before actions been QX.
Thank the believe your remarks we that's this the you, remain everyone, for attention profitable up the to restructuring In I'll in questions. turn open taken for made call and And now today. in back Nimrod final progress it for segment Video, will we
