Let me start by saying that Q3 was a great quarter. But more importantly, the strong financial performance is a clear validation of our strategy and continued consistency of our execution. Our diversification, global scale and clear technology leadership enable us to take full advantage of robust demand across a broad spectrum of customers and applications. As a result, our third quarter revenue came in very strong. And we continue to deliver faster than market growth and take considerable market share. In fact, orders in the quarter were greater than revenue, and we achieved record backlog coming out of Q3.
We also delivered a strong adjusted bottom-line with EPS of $0.48. And on that point, I’d like to mention that as we become more profitable and substantially improved our EPS, we are increasingly focused on EPS as a key performance metric in addition to top-line growth of our business. This continued execution and consistent performance, increasingly differentiates us from our competitors, many of whom are challenged with weakening financial positions and strategic distractions.
READ FULL ARTICLE HERE