Mark Gitin

“Second quarter revenue was above the midpoint of our guidance, increasing double digits year over year and growing sequentially. Both industrial solutions and advanced solutions grew quarter over quarter, and adjusted gross margin and adjusted EPS came in above our expectations.”

“Fourth quarter revenue came in above our expectations, increasing 17% year-over-year and 9% sequentially. Revenue growth was driven by further stabilization in industrial demand, new opportunities, and a disciplined focus on our growth initiatives.”

“Third quarter revenue was at the top end of our expectations. flat sequentially and up 11% year-over-year, excluding divestitures. There were a number of positive factors that drove the results this quarter.”

“We had a solid start to the year with continued signs of stabilization in the business and modest upticks in demand across some of our markets.”

“For today's call, I will provide a high-level overview of the quarter and share the progress we have made on our strategy to drive long-term sustainable and profitable growth.”