you, Thank Lawrence.
products Total the in period by greater million, our increased $XX.X driven solid another ventilation quarter to year-ago in-house and up revenue sales demand in for product was our So from XX% we performance QX. fiscal had particular. of
our XX% of We year continue selling and to to execute million compared to accounted for quarter. increased the year-over-year $XX XX% approximately These of more on sales, in-house in ago brands. XX%
points higher to the than products carry. percentage previously margins that are XX As stated, generally gross we our we products in-house for third-party XX
of emphasize So we invest this portion business. will continue to our and
to do not we're clear distribution However, and abandoning make third-party want of that products. here I sales
mix margin market costs to the with the product by partially compared the by We sales, input in fiscal quarter. driven will operating of were in-house small quarter for distributing in was compared XX% for a be increase $X.X million quarter, Total Gross greater we the those our expenses period and same to the products continue million, opportunistic freight ago offset higher fiscal XX.X% in XXXX. where in year quarter $X.X second demand. to for see
revenue, our was well new sales as increased increased volumes, as a in launch XX.X% was to quarter. the year to initiatives. XX.X% for support products driven channel headcount of sales by percentage As primarily increase higher of compared The new OpEx prior advertising
awareness iPower. We in sales for an channel We channels, including strategy. expect continue offline new to present to don't our for to benefit immediate ramp believe our sales avenues time as partnerships and additional brand it results take growth new will solid
we same However, to looking the for forward $X.X $X.XX additional million income per on income diluted share, growth XXXX. or million upcoming share net in are the to the the quarter compared to per opportunity increased $X.XX in period Net $X.X fiscal diluted capitalizing in quarters. or of
decrease largest any to business channel to quarter were $X.X to June The our the indication timing on not operating attributed of XX, sheet. of XXXX. end million million partner, an the equivalents and Cash $X or compared on was with Moving the our trends. December balance of at receivables
important the three entered quarter, an $XX has into new year will facility was the an to This facility us we and our structure secured growth our it million JPMorgan accordion flexibility us to take with that with During $XX it capital Chase, million. addition initiatives as strategic fund credit a provides plans. revolving feature which allow to up to
million XX, popular with the stocked utilization June XX, to our as of increases stood New debt long-term facility particularly new increase $X.X As of million, working entirely attributable December XXXX, up inventory the Year for compared we our holiday. XXXX, Chinese credit at capital, to at $X.X to
to Looking our strategy our targets. balance remain in fiscal the growth financial year, and our confident we of
improved recovery are signs last not supply our a volatile last fall. navigate which quarterly chain very continuing has environment, despite to a of We update, materially since
release our actually freight our thus in in costs increased today, mentioned As fiscal QX. earlier press have far
this of we network get as we to we opportunities production and be on of think our when to volatility, setting we procurement XXXX both larger year exceptional for leveraging is supply plan when in past, them mitigating the running capitalizing cost continue growth overseas, runs, diversified volatility chain can. up iPower. the done partners However, we've Despite another
now our that So for open questions. prepared it concludes remarks. up We'll
Justin?