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98-368 exam Dumps Source : Mobility and Devices Fundamentals

Test Code : 98-368
Test denomination : Mobility and Devices Fundamentals
Vendor denomination : Microsoft
: 37 real Questions

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Microsoft Microsoft Mobility and Devices

protecting information and instruments in the age of mobility and cloud computing | killexams.com real Questions and Pass4sure dumps

via Lionel Moyal, workplace trade neighborhood Lead at Microsoft South Africa

Digital transformation is touching every sector, trade and organisational size, with SMEs being empowered with the aid of digital applied sciences reminiscent of hyperscale cloud computing to capitalize commercial enterprise-grade functions and compete for a similar valued clientele as large businesses.

while the digital era items many alternatives for agencies, it is additionally producing numerous challenges, together with protection threats that may besides exist devastating to an organization’s attractiveness and groundwork line.

in the past, a company could most effective permit company-issued gadgets on its networks and give protection to its infrastructure behind a firewall. within the digital era, traits comparable to bring your personal machine and mobility have, together with the exigency to co-create cost and collaborate with partners, made isolationism unattainable.

really, employees are spending an dreadful lot (as much as 50%) extra time in collaborative activities, whereas analysis trade approach Analytics forecasts that the international cell corpse of workers will encompass around 1.seventy five billion in 2020 or about forty two% of the global corpse of workers. last year, a whopping forty three% of every cyber-assaults savor been centered at SMEs in keeping with protection utility company Symantec.

All of this faculty that businesses exigency to rethink their strategy to security, thanks to this myriad of net-related gadgets making their route via their places of work, with these performing like gateways by means of which attackers can gain access to the company’s network and digital materials.

the usage of the cloud to exist productive any place, each time, on any machine, securely

each quarter, Microsoft gives companies with the newest tendencies records on trade vulnerabilities, exploits, malware, net-based assaults, along with measures to fight these and for remediation within its safety Intelligence record (SIR).

The newest (Q1 2017, January to March) SIR shows that the cloud is quick fitting the relevant facts hub for groups, which in gyrate is besides making it a primary target for cyber criminals. due to this fact, cloud-primarily based cyber-assaults savor increased a large 300% yr-on-12 months.

if you betide to movement your supplier to a cloud carrier, you savor to exist capable of believe your service provider together with your most essential, sensitive, and confidential statistics or determine to stream only your least sensitive statistics to the cloud. as a result of security is paramount for company success, solutions akin to Microsoft 365 company has to present powerful guidelines, controls, and methods to assist preserve your suggestions secure.

agencies should soundless exist mindful that as the cyber-attackers are successful with their breach effort, the attackers try to reuse the stolen credentials on varied capabilities. for this reason, one of the crucial vital things a person can outcome to present protection to themselves is to design consume of a special password for every website and online provider they use.

additionally, businesses should soundless instruct staff to retain away from using fundamental passwords (easy to guess or crack), using election authentication methods or multi-component authentication, as well as to apportion into outcome options for credential insurance policy and risk-based mostly conditional access.

Endpoint probability intelligence

An endpoint is any machine it is remotely connected to a community, which is able to deliver an entry ingredient for cyber-attackers and comprises notebook PCs, smartphones, and pills amongst others and because users engage with an endpoint, it continues to exist a key probability for attackers and a safety priority for organizations.

Ransomware assaults savor been on the upward thrust, disrupting primary companies and grabbing world headlines. attacks like WannaCry and Petya disabled thousands of machines international within the first half of 2017.

windows 10 contains mitigations that evade unconcerned exploitation techniques by route of these and other ransomware threats, whereas tools like BitLocker and home windows assistance coverage helps give protection to trade records on mobile contraptions, with the aid of guaranteeing every company information is encrypted and purchasable most effective by means of approved clients. furthermore, SMEs can office a far off selective wipe of company records without vicissitude on lost or stolen contraptions and centralise control of company records on own instruments.

Managers can additionally back remain away from unintentional facts leaks through securely isolating enterprise assistance from own assistance by using gear like windows counsel protection. they could ensure that personnel always savor entry to files while confining trade assistance to workplace apps, via using capabilities akin to App insurance policy for workplace cell.

ultimately, businesses want a brand new, built-in strategy to security within the digital era, in an application to no longer impede their productiveness. solutions akin to Microsoft 365 trade are integrated and brings together productivity tools that corpse of workers will already exist common with, together with the safety and machine management capabilities that miniature to medium-sized corporations deserve to give protection to its data.


Microsoft Is engaged on Xbox Controllers For cell instruments | killexams.com real Questions and Pass4sure dumps

the future is mobile... or so it really is what the entire analysts are saying. it's complicated to disclaim the indisputable fact that cell contraptions in reality rule the day when it involves companionable interaction, productivity, and entertainment for billions of individuals world wide. neatly, Microsoft believes that offering talked about mobile gamers with a stronger strategy to manage their games is the arrogate means to head.

This isn't just some go suddenly, or Microsoft being variety to cell game enthusiasts (besides the fact that children maybe that does play some half within the choice) the verity is that this every ties into the broader scope of Microsoft's plans to interject gamers to the Xbox ecosystem besides the fact that they shouldn't savor an Xbox. in accordance with home windows relevant the brand unusual cell controller ties into the upcoming mission xCloud initiative, which is determined to delivery its public trials in 2019.

Microsoft is working on actual controllers for cellular gadgets in order that cellular gamers will savor a proper control mechanism to consume with venture xCloud after they circulate video games from the cloud via their cellular contraptions, much like psNow or OnLive.

windows necessary cites research papers from Microsoft that showcase prototypes for competencies upcoming controller add-ons for cell gadgets. This includes a left and birthright controller module on the facet of smartphone or tablet screens.

Microsoft's prototypes are competitively priced 3D printed shells that mimic the design of the Xbox One controller. They feature one analog stick every on the left and reform handles, with a digital pad on the left module and the 4 physiognomy buttons on the birthright module. Customizable handles can besides exist snapped on to the controller so you can procure distinct grip-lengths as neatly. The bumpers and triggers can exist create on the underside of the precise controllers.

The modular design is based mostly across the concept that distinct styles of mobile clients will exigency to consume the controllers for diverse kinds of instruments, including smartphones, pills, and different touchscreen contraptions.

The prototypes are nonetheless a techniques off from free up, however in line with the research paper, Microsoft primarily based them around the designs which savor develop into generic with different mobile gaming hardware such because the 3DS and the Nintendo switch.

that you would exist able to in reality espy that there is some concept from the pleasure-Cons given the removable nature of their design. The performance is soundless very plenty Xbox-oriented, but it surely additionally looks very akin to some of the Splitfish twin-handle contraptions that were oh-so-conventional lower back birthright through late sixth gen and early seventh gen gaming.

presently there isn't any ETA on when these cell controllers will become available, however they in fact seem snazzy. They remind me loads of the Oculus palpate controllers that near with the Rift HMD.

Microsoft will likely preserve refining the design, and possibly locate some respond on the route to design the grip handles more compact and near with fewer pieces. A retractable grip design would likely exist the foremost choice, with a slider to deliver the grip size out like a matryoshka doll, and a few sort of plastic snap to cling the grips in place.

there is nevertheless a while to procure a superbly workable solution in belt forward of the launch of project xCloud in 2019, however gamers can definitely procure excited thinking concerning the unusual controllers coming down the pipeline for the upcoming streaming carrier.


Making mobility drudgery … with Microsoft floor | killexams.com real Questions and Pass4sure dumps

PROMOTED content material

places of drudgery are slowly disappearing. of their vicinity we've workspaces. There’s a subtle but essential difference. in its set of being restricted within walls, americans are more and more working in a digital environment.

The digital workspace consists of every of the tools they deserve to drudgery with no concern however the workspace can exist in an workplace, a educate carriage, an airport or a café. here is the age of anyplace working.

Advances in mobility enable us to drudgery productively despite their place. And research suggests that’s exactly how these days’s experts want it to be. Some researchers snarl that by means of 2020, half of the united kingdom’s group of workers will exist working remotely. however the estimated tempo of alternate has been the belt of some debate, there's evidently a go towards mobility, primarily among millennials who are even less attached to fixed workplaces than older generations.

Millennials rely. Over the next a few years, more than 50% of the workforce might exist made up of millennials, championing greater open collaborative workspaces, a stronger undergo of purpose and a deeper connection to their enterprise’s mission.

For IT leaders, this exchange raises questions about connectivity, communications, facts security and governance. It besides demands an evaluation of what personnel really exigency with a view to drudgery remotely.

average laptops are considered via many to exist too cumbersome to carry round on a daily foundation. at the identical time, mobile instruments similar to phones and capsules haven't provided ample performance to hold people thoroughly productive when they are on the move. The Microsoft floor family of top rate laptops combine the light weight and intuitive touchscreen know-how of a pill with the productive vigour of a laptop. The contraptions office a neatly fitted keyboard, which is detachable on some models, plus an not obligatory pen and an on-board suite of apps and gear to fulfill the needs of the busiest executives and most demanding inventive professionals. terrified of dropping battery power? no longer with floor. It’s received enough stamina to sustain with anybody’s workload.

10am – In a shopper assembly

Taking notes? Microsoft’s OneNote serves as a canvas to catch, organise and share notes from any device. users can record or handwrite notes, annotate documents, or sketch out their huge faith with the herbal suppose of pen and paper. There’s additionally the option of taking a photo of a whiteboard and workplace Lens will digitise the notes. built-in translation fosters collaboration and robust search scans across voice-recorded, typed and even handwritten notes. a further strategy to trap the instant is via video.

1pm – taking fragment with colleagues

actual-time interplay is greater vital than ever to maintain mobile laborers from fitting remoted. In tablet mode, floor devices are excellent to being handed around the table in order that the crew has visibility of notes and ideas. There are circumstances when the barrier created through an upright computer monitor receives within the manner of 1-to-one interaction. For people who aren't within sight, options akin to Skype and teams enable instantaneous collaboration. teams is besides absolutely integrated with Microsoft functions including observe, Excel, PowerPoint, PowerBI and flow, so the team can collaborate and access suggestions without leaving their shared workspace. Storing data within the cloud with SharePoint and OneDrive allows for personnel to entry the information they exigency from anywhere and safely share content material with anybody interior or outdoor the corporation.

2pm – Getting artistic

The surface family design excellent artistic companions. unusual co-authoring, intelligence, inking and 3D capabilities in widespread office applications like observe, excel and PowerPoint design it effortless for employees to rapidly mock up concepts, share with others and then drudgery together in precise-time to perfect the solution. AI takes this to the next smooth by facilitating unusual strategies of input, equivalent to dictation that will besides exist transcribed and translated, in addition to cloud-powered design advice to raise shows. there is besides quite a number unavoidable applications to assist initiatives progress, corresponding to Adobe creative Cloud, SurveyMonkey and GitHub.

4pm – every that admin

To speed up cellular productivity, purposes like Outlook, notice, Excel, PowerPoint, SharePoint, OneDrive, and Microsoft teams are seamlessly attainable on surface. workers can create, chat, share and present – every from one machine. Microsoft has besides delivered AI to Outlook to assist users procure more performed with a focused Inbox that filters much less vital mail out of view so people can hub of attention on the emails that depend most. in a similar way, Cortana helps Outlook cell users dwell on birthright of their day through proposing reminders when it’s time to depart for an appointment. Importantly, these cell experiences are secured so apps and facts remain covered.

To assist enterprise design the most the best possible merits of the surface family unit, CDW gives a number wrap-round services that add expense in vital areas. an in depth orbit of protection and back capabilities are offered by route of CDW, underpinned via tailored SLAs and delivered by means of authorised engineers with demonstrable technical expertise. Design features, together with the build of a major image, are additionally obtainable alongside pre-birth asset-tagging, deployment capitalize and delivery.

be taught more concerning the floor family unit




Killexams.com 98-368 Dumps and real Questions

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98-368 exam Dumps Source : Mobility and Devices Fundamentals

Test Code : 98-368
Test denomination : Mobility and Devices Fundamentals
Vendor denomination : Microsoft
: 37 real Questions

How long prep is required to pass 98-368 exam?
quality one, it made the 98-368 smooth for me. I used killexams.com and handed my 98-368 examination.


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My call is Suman Kumar. i savor were given 89.25% in 98-368 exam after you savor your assume a behold at substances. thank youfor offering this sort of useful assume a behold at material as the reasons to the solutions are excellent. thanks killexams.com for the extraordinary query bank. the best issue about this query fiscal institution is the detailed answers. It facilitates me to understand the faith and mathematical calculations.


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I became approximately to capitulation exam 98-368 due to the fact I wasnt assured in whether or not I might bypass or not. With just a week closing I decided to switch to killexams.Com for my examination guidance. Never thought that the topics that I had usually dash away from might exist a lot amusing to behold at; its smooth and brief manner of getting to the points made my preparation lot less difficult. every route to killexams.Com , I by no means faith I could skip my examination but I did pass with flying colors.


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98-368 QAs savor stored my life. I didnt sense assured in this region and Im satisfied a chum has informed about killexams.com Microsoft package with me some days before the exam. I want id buy earlier, itd savor made things much easier. i thought that I passed this 98-368 exam very early.


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This examination instruction package covered the questions i was asked at the exam - a few thing I didnt exist given as real with might exist viable. So the stuff they provide is in fact valid. It appears to exist often updated to holdup with the professional updates made to 98-368 exam. Superb first-class, the attempting out engine runs effortlessly and can exist very consumer pleasant. Theres not anything I dont like approximately it.


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I additionally had an exotic savor with this education set, which led me to passing the 98-368 exam with over 98%. The questions are actual and legitimate, and the trying out engine is a great/training tool, despite the fact that youre no longer making plans on taking the examination and truly exigency to extend your horizons and expand your understanding. Ive given mine to a chum, who moreover works in this vicinity however just received her CCNA. What I imply is its a brilliant mastering device for anyone. And if you draw to assume the 98-368 exam, that is a stairway to fulfillment :)


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Mobility and Devices Fundamentals

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Building a Next-Generation Broadcast Engineering Team | killexams.com real questions and Pass4sure dumps

It’s a Great time for the media and entertainment industry. unusual technologies spell service providers can create and deliver more content than ever before. Content is taking on unusual forms, and mobility and augmented reality/virtual reality (AR/VR) are changing delivery methods.

More content means more audience engagement. The Economist reports that Netflix spends $12 billion annually on original content. every of these emerging technologies besides back unusual formats like 4K and Virtual Reality—as seen in the Pyeong Chang 2018 Winter Olympics—and delivery across devices and into unusual environments like over-the-top (OTT), as with World Cup 2018’s live streaming.

Cisco has taken a leadership role in the media ecosystem. We’re offering the industry’s most comprehensive approach to scaled content production and distribution. We’re accelerating service delivery while simplifying operations and security.

With intellectual and secure platforms, we’re powering unusual opportunities to create, manage and divide digital content. As a result, service providers savor unusual avenues to extend revenue and profitability by increasing audience engagement.

To seize these opportunities, it’s captious that broadcast engineers savor the most up-to-date and sophisticated skills in networking, cloud, security and data.

The IP Fabric for Media Training Program

Cisco’s IP Fabric for Media training is designed to capitalize your engineers gain these invaluable skills. It’s a captious step to ensure you’re getting the most out of your technology investments.

These unusual training courses are specifically aimed at employees who will consume IP technologies to replace Serial Digital Interface (SDI)-based deployments:

IP Fabric for Media Solution (IPFMSN) is a four-day, instructor-led course that introduces broadcast engineers to the IPFM solution. They’ll learn about IPFM deployment, operation, and troubleshooting.

They’ll besides gain lore of the IP Fabric Media and Data hub Network Manager (DCNM) Media Controller, the core component of the solution. The course includes lab exercises focused on structure IP Fabric as a foundation for a complete IPFM solution. Engineers will learn how to deploy and troubleshoot the DCNM Media Controller to control flows through the fabric.

Ready to procure started? They are offering four upcoming in-person training sessions:

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    How to obviate Pressure Ulcers in Local Communities | killexams.com real questions and Pass4sure dumps

    Over the last few years, the NHS has started focusing on the belt of pressure ulcer prevention with some outstanding results in hospitals across the UK. However, this apt drudgery has mostly remained with the hospital environment, not reaching the Great number of people who could exist considered at risk of developing pressure ulcers who are cared for, formally or informally, out in the local communities.

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    Cohu Inc (COHU) Q3 2018 Earnings Conference call Transcript | killexams.com real questions and Pass4sure dumps

    Logo of jester cap with thought bubble.

    Image source: The Motley Fool.

    Cohu Inc  (NASDAQ:COHU)Q3 2018 Earnings Conference CallNov. 05, 2018, 4:30 p.m. ET

    Contents:
  • Prepared Remarks
  • Questions and Answers
  • Call Participants
  • Prepared Remarks:

    Operator

    Good afternoon, ladies and gentlemen, and welcome to the Cohu Incorporated's Third Quarter 2018 fiscal Results Conference Call. At this time, every participants are in a listen-only mode. Later, they will conduct a question-and-answer session and instructions will succeed at that time. (Operator Instructions) As a reminder, this conference call is being recorded.

    I would now like to gyrate the conference over to your host, Mr. Richard Yerganian. You may open your conference.

    Richard Yerganian -- Vice President, Investor Relations

    Thank you, Kyle. apt afternoon and welcome to their conference call to dispute Cohu's third quarter results, the acquisition of Xcerra and fourth quarter outlook. I'm joined today by their President and CEO, Luis Muller; and their Vice President of Finance and CFO, Jeff Jones.

    I want to remind everyone that their Q3 financials reflect Cohu's stand-alone results and Q4 guidance represents expectations for the combined Company following the completion of Xcerra acquisition on October 1st. If you exigency a copy of their earnings release, you may access it from their website at www.cohu.com or by contacting Cohu Investor Relations.

    There is besides a skid presentation in conjunction with today's call that can exist accessed through the webcast link on Cohu's website, and is besides posted as a PDF in the Investor Relations section. Replays of this call will exist available via the identical page after the call concludes. Between now and their next earnings call, they will exist participating in the Mizuho Global Investor Conference in unusual York on December 3rd, the 7th Annual NYC Investor climax besides in unusual York on December 11th and the Needham Growth Conference on January 15th and 16th. They will besides exist on the road meeting with investors in the Midwest and Boston in the coming months. gladden contact us if you would like to request a meeting with the Company at one of these events or locations.

    Now, to the Safe Harbor. During the course of this conference call, they will design forward-looking statements reflecting Management's current expectations concerning the Company's future business. These statements are based on current information that they savor assessed, by which -- but which by its nature is theme to rapid and even abrupt changes. They animate you to review the forward-looking statements section of the skid presentation and the earnings release, as well as Cohu's filings with the Securities and Exchange Commission, including the most recently filed configuration 10-K, 10-Q and registration statement on configuration S-4. Their comments converse only as of today, November 5, 2018, and Cohu assumes no obligation to update these statements as a result of developments occurring after this call.

    Finally, during the call today, they will besides dispute unavoidable non-GAAP fiscal measures. gladden advert to their earnings release and skid presentation for reconciliation to the most comparable GAAP measures.

    Now, I'd like to gyrate the call over to Luis Muller, Cohu's President and CEO. Luis?

    Luis Muller -- President and Chief Executive Officer

    Good afternoon and welcome to their conference call. First, I would like to provide some commentary on the third quarter and current trade environment. And then, I will talk in greater detail about the combined business, following the completion of the Xcerra acquisition on October 1st.

    Q3 sales of $86 million came in lower than expected, primarily due to headwinds in the mobility market. They had originally modeled a reduction in thermal handler exact for testing application processors. But later in the quarter, thermal handler sales were impacted, which are generally used for RF, power management and discrete device testing. Cohu soundless delivered a solid 14.8% adjusted EBITDA demonstrating the resilience of their trade model.

    We believe fundamentals for the semiconductor industry remains stalwart even though the recent generic tone in the market has caused some customers to assume a more cautious approach to capacity additions in the short-term. They are optimistic about developments in 5G applications, continued penetration of semiconductors in the automotive market that are particularly stalwart now with vehicle electrification and ADAS, growth in industrial and the prospects in the IoT market and the ongoing retooling for testing TDDI and next-generation flat panel panoply drivers.

    Moving on to the acquisition of Xcerra, the integration of the two companies is off to a apt start and they savor already implemented $9.1 million in annual dash rate cost synergies. They hope to meet their initial cost synergy target of $20 million within the first two years and later achieve their mid-term goal of $40 million dash rate within three to five years. Jeff will provide more detail later on this call. We've already had meetings with several customers to communicate product pause of life and consolidation plans, and started to identify cross-selling opportunities for their semiconductor products that will exist fragment of their draw and focus for 2019.

    More recently, they announced that Cohu has terminated Xcerra's distribution agreement with Spirox and we'll exist leveraging their well-established global sales and service organization and expanding test development centers in China and Taiwan to directly back customers in the region. Once these transitions complete in the next 12 months, they will capitalize from increased direct service revenue, improved flagrant margins and reduction in operating expenses that are included in their cost synergy model.

    With the completion of the Xcerra acquisition, they savor significantly strengthened the fiscal profile of the Company and expanded their addressable market to $5 billion across key product segments. In two of those segments, handlers and contactors, they are the leading supplier. In the largest unusual segment for Cohu, semiconductor testers or ATE, Xcerra has a stalwart position for testing RF power amplifiers in front-end modules, micro-controllers, power automotive ICs and a growing position in flat panel panoply drivers. Across every their product lines, they savor a premier customer groundwork that is global in scope with no one customer accounting for more than 10% of sales in the last 12 months. Through their atg-Luther & Maelzer brand, they provide gear for printed circuit board test in an established leadership position in flying probe.

    Cohu is aligned with key pause markets, automotive, industrial, consumer, mobility and IoT that are projected to outpace the semiconductor industry growth in the next five years. Their system sales in automotive and industrial markets represented 45% of combined trailing-12 months or about $200 million. Requirements in the automotive market are a key driver for every of their major product lines, semiconductor testers, handlers and contactors, as well as their PCB test business.

    From the semiconductor perspective, the growth in safety, infotainment systems, communications, sensors, ADAS and vehicle electrification savor provided a significant boost to their market segment that typically has a higher assignment capital intensity due to stringent trait requirements and multiple insertions at various temperatures. They are today the leading supplier of handlers and contactors in this space with best-in-class thermal control solutions for testing radar sensors up to 77 gigahertz in a wide portfolio of MEMS test equipment. In the third quarter, they secured a design win for their MATRiX handler for testing ADAS processors for a major automotive customer, further expanding the applicability of their T-Core thermal technology.

    Many don't cherish the extent to which semiconductors are impacting the industrial market and how the proliferation of MEMS sensors, RF and power management ICs are creating a wave of unusual applications, including factory automation, security, environmental monitoring and medical devices. Particularly challenging is testing of MEMS sensors that require an actual physical stimulus for the device and that is where Cohu combined with Xcerra has the broadest portfolio of capabilities in the industry.

    Turning next to the mobility market, the growing complexity of integrating digital, RF and antenna on to a semiconductor package is opening a unusual spectrum of opportunities for their millimeter wave contactors in test instrumentation, with the draw to capture several design wins in 2019. They besides target growing ATE sales in back of 5G infrastructure ramp starting next year and further deploy their unique over-the-air contacting technology. Their newly acquired ATE product portfolio is gaining traction in the flat panel panoply driver market. This is being driven by the more involved test challenges of TDDI devices plus capturing unusual volume in large panel panoply drivers for television monitors.

    Unlike the traditional approach taken in this market, which is to present specialized test systems, their panoply driver solution is available as fragment of their well-established generic purpose SOC test platform, the Diamondx, which offers test subcontractors a more compelling value proposition. They draw to continue winning unusual sockets in this market and expand their resources to back test program development.

    Additionally, MEMS sensors extend well beyond industrial applications to automotive and, of course, mobile devices. This has a compounding outcome because the data generated by these devices exigency to exist transferred, processed and eventually stored. With an endless orbit of applications, including facial recognition to unlock your phone, to being able to open the trunk of your car with waver of your leg, they project continued exact for their handlers integrated with MEMS test modules, ATE and contactors. In the third quarter, they captured a design win with the Eclipse handler at a test subcontractor in Taiwan.

    Cohu is now one of the largest providers of leading-edge solutions for back-end semiconductor gear and services and printed circuit board tests. They are the only company offering a one-stop shop for handlers, testers and contactors, focused on increasing yield, reducing cost of tests and accelerating time to market. Customer feedback on this has been very positive along with their continued focus on being best-in-class in each of these areas.

    I'd like to now gyrate the call over to Jeff to review their third quarter results and provide fourth quarter guidance.

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    Thanks, Luis. Let me open by reviewing Cohu's third quarter fiscal results, which demonstrate the force of their trade model as they generated non-GAAP operating margin of 13.2% and adjusted EBITDA margins of 14.8% on sales of $86.2 million. Cohu delivered $23.3 million of cash from operations during the third quarter and their cash equipoise increased $20.3 million to approximately $171.2 million at the pause of the quarter. Their contactor trade represented 11.4% of sales for the quarter.

    For Q3, the GAAP to non-GAAP adjustments comprise approximately $1.9 million of stock-based compensation expense, $1 million of purchased intangible amortization expense, approximately $400,000 of restructuring and manufacturing transition costs, $1 million of acquisition costs related to Xcerra and a $227,000 adjustment to the earn-out valuation from the Kita acquisition. My comments that follow, including the Q4 guidance, are every based on Cohu's non-GAAP results, which exclude the repercussion of these items.

    As I mentioned, sales for the quarter were $86.2 million. One customer in the computing market represented 11% of third quarter sales and no other customer exceeded 10% of sales in the quarter. Q3 flagrant margin was 40.8% and consistent with their guidance. Operating expenses for the third quarter were $23.8 million and better than their guidance of $24.5 million due to lower sales and service costs associated with the lower revenue.

    The non-GAAP effective tax rate was approximately 23% for Q3, higher than previously anticipated, primarily due to an extend in cash generated in Switzerland, which they hope will incur a 5% or approximately $600,000 withholding tax upon the anticipated repatriation of these funds to the US in connection with funding the Xcerra acquisition. For the combined company, they hope their effective tax rate for the fourth quarter to exist approximately 24% and 19% for the complete year 2018.

    Based on their Q3 results and year-to-date financials, they continue to execute against their strategies that are yielding measurable results. For the first nine months of 2018, revenue grew 5% organically over the identical age last year, as a result of their continued traction in the automotive and industrial markets and expansion of contactor sales. Year-to-date flagrant margin is approximately 42% compared to 41% for complete year 2017 and 36% in 2016. Their EBITDA margin has improved to approximately 18% of revenue and non-GAAP earnings per share continues to grow through the third quarter at a $1.29 for the nine-month period.

    Revenue from their recurring business, which includes sales of their test contactors as well as gear service and spares represented 46% of total revenue for the first nine months of 2018. As many of you know, this trade provides a stable groundwork that generates higher than Company unconcerned flagrant margins. Growth in this trade is being driven by their expanding installed groundwork -- handler groundwork and the contactor design wins.

    With Xcerra, they hope the total recurring trade to remain at approximately 45% of revenue with significant opportunity for further growth. In fact, the contactor trade solitary is expected to exist approximately a $120 million in annual sales with an opportunity to grow to $300 million serving their combined handler installed base.

    Turning to Cohu's equipoise sheet as of September 29, 2018 and prior to the acquisition close, they had approximately a $171 million in total cash and investments. Accounts receivables decreased sequentially by approximately $13 million and DSO decreased by 1 day to 84. Inventory increased sequentially by approximately $700,000 with inventory days increasing by 16 to a 120. Accounts payable days increased by 7 to 75 and the overall conversion -- cash conversion cycle increased by 8 days to a 129 and they achieved $23 million in cash flood from operations.

    Fixed asset additions in Q3 were approximately $600,000 and depreciation was $1.4 million. Deferred profit at the pause of September was $1.9 million, up a $185,000 from $1.7 million at the pause of the second quarter. The related deferred revenue at the pause of Q3 was $3.6 million, up $200,000 sequentially.

    When looking at the pro forma equipoise sheet of the combined company as of October 1st, cash and investments were approximately a $148 million, net of approximately $30 million in deal costs. Total outstanding debt is $358 million, including the Xcerra acquisition-related $350 million seven-year term loan with a rate of LIBOR plus 300 basis points.

    Subsequent to the acquisition, their cash strategy continues to exist maintaining approximately a $125 million of cash on the equipoise sheet to back operations, capital expenditures and the dividend. Cash generated in excess of a $125 million will exist used to pay down the debt and delever the Company. Cohu's Board of Directors approved a quarterly cash dividend of $0.06 per share payable on January 2, 2019 to shareholders of record on November 16, 2018.

    And looking at the synergies from the integration of Xcerra, they achieved immediate annual dash rate cost savings of $9.1 million, primarily from the elimination of redundant public company costs as well as executive management consolidation. They continue to hope to achieve their target of $20 million in annual cost synergies within the first two years, reflecting approximately $7 million from cost of goods sold and approximately $13 million in operating expense savings. These synergies will exist achieved through product rationalization, supply chain alignment and consolidation of the direct sales organization.

    Many of these initiatives savor already started with the communication to customers of their product pause of life and consolidation plans and the termination notice to Spirox distribution in China and Taiwan. Their mid-term target within the next three to five years is to double these initial two-year synergies by another $20 million for a total of $40 million through facility consolidation and manufacturing optimization.

    And now piteous to their guidance for the fourth quarter, which includes a complete quarter of contribution from Xcerra. We're expecting Q4 sales to exist in the orbit of $168 million and $183 million. Revenue distribution is expected to exist 94% semiconductor test and inspection and 6% PCB test. flagrant margin in Q4 is expected to exist approximately 43%, reflecting benefits of a larger consumable test contactor business. Operating expenses are expected to exist approximately $59 million, which includes realizing initial cost synergies of approximately $2.2 million in the quarter or approximately $9.1 million on an annualized basis. The Xcerra acquisition is expected to exist 34% EPS accretive in the quarter and the diluted share weigh is expected to exist approximately 41.7 million shares. Over the mid-term, they are targeting flagrant margin of 48% and EBITDA of 22% on quarterly sales of approximately $235 million. Profitability targets comprise the capitalize of annual cost synergies totaling the $40 million that I discussed previously.

    So let me conclude their prepared remarks by summarizing their comments today and why they are excited about the future of Cohu. With the Xcerra acquisition, we've increased their total addressable market to $5 billion. With the larger market comes additional opportunities to present differentiated technologies and best-in-class systems and consumables to uniquely address customers' test and inspection challenges. They savor a larger presence in the growth segments of the market. They savor a lucid path to realize significant cost synergies driving increased margins, cash flood and earnings. And they savor started the process to identify cross-selling opportunities by leveraging their expanded customer presence and global direct back organization.

    And that concludes their prepared remarks. And now, we'll open the call up to questions.

    Questions and Answers:

    Operator

    (Operator Instruction) Your first question comes from the line of Patrick Ho. Your line is open.

    Patrick Ho -- Stifel -- Analyst

    Thank you very much. Luis, if you could provide a itsy-bitsy more color, given some of the coalesce of their commentary out there birthright now in the semiconductor market in market segments like automotive, industrial and even IoT, how outcome you espy the market today in some of those key market segments for you? And what does it behold like for the test environment as they start looking ahead to 2019?

    Luis Muller -- President and Chief Executive Officer

    Hi, Patrick. So -- I mean, there are lot of pieces to your question here. But if I start by talking about where they are today, we're seeing behind growth in smartphone units year-over-year. As I said in the remarks in the other hand, auto and industrial semiconductor markets outcome remain wholesome and they are seeing a seasonal pattern in Q4 as we've seen in past years with slower exact for micro-controllers and this is impacting both the testers as well as the handlers, miniature power management ICs, RF ICs and besides LEDs, which is essentially impacting in this case their handlers only. So overall weakness in semiconductors for smartphone applications. And I would snarl amplified by a pull-back from Chinese customers being more cautious. Yet, frankly, their direct exposure to Chinese domicile customers is limited today.

    As far as 2019, you're asking for next year, it's a itsy-bitsy too early to exist talking about this for the expansive picture view for next year. We're soundless rolling up input from customers into their plan. Traditionally, they would hope things to pick up again post Chinese unusual Year or into early Q2. What I can reiterate you is they are targeting design wins for contactors mainly in auto customers or automotive customers. They are planning to expand the penetration that they have, which is soundless miniature in flat panel panoply driver test. This is particularly to ATE. They savor some targets for 5G applications next year, particularly to ATE and contactors and they are -- I mean, initial indication is that they are expecting another solid year for PCB test gear next year.

    Patrick Ho -- Stifel -- Analyst

    Great, that's really helpful for the color. And as my follow-up question, I know you're very early in the stages of the integration of the two companies. Obviously, with the $9.1 million achieved to-date, which I'll snarl is quite remarkable. As you behold at some of the effortless costs and expenses that you can procure out of the route in terms of duplicate costs, as you behold at other line items like R&D, given that both Xcerra and Cohu participated in similar markets, are there already opportunities for you to cleave some of those costs and potentially even bring higher cost synergies when every is said and done?

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    Hey, Patrick, it's Jeff. We've looked and we've taken that into consideration. As a matter of fact, as they mentioned on the call, we've talked to customers about pause of life and product consolidation. And so as they go through that process, yes, we're looking at product rationalization and the potential cost savings from those actions and the repercussion is built into the $20 million in the first two years, $40 million over the mid-term.

    Luis Muller -- President and Chief Executive Officer

    Yeah, Patrick. Let me just reinforce what Jeff said here, they savor already communicated these product plans, product pause of life to the affected customers and those will exist taken set by -- the pause of life will exist taken set by mid 2019. And through next year, we'll exist combining the capability of those products on the surviving products. And needless to say, there is no overlap and therefore no consolidation to exist talked about for ATE or PCB test.

    Patrick Ho -- Stifel -- Analyst

    Great, thank you very much.

    Luis Muller -- President and Chief Executive Officer

    Welcome.

    Operator

    Your next question comes from the line of Tom Diffely. Your line is open.

    Tom Diffely -- D.A. Davidson -- Analyst

    Yes, apt afternoon. I guess, following up on Patrick's questions there, just wanted to procure a itsy-bitsy bit more information about how Xcerra did in the last two quarters, maybe just from a top-line basis to espy what the trends are heading into the fourth quarter?

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    Tom, it's Jeff. They don't anticipate in the future to breakout that smooth of detail. I mean, I will snarl that they are not immune from the seasonality. So I deem from that perspective, they -- I guess, that they're not immune to it, so they've felt the seasonality as well.

    Tom Diffely -- D.A. Davidson -- Analyst

    Okay. And did you point are they going to procure to any benevolent of a historical pro forma in the last two quarters for Xcerra?

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    No, not at the moment. They just filed an 8-K/A, but it was for periods that were already filed with the SEC. So there is no unusual information there, Tom.

    Tom Diffely -- D.A. Davidson -- Analyst

    Okay. And then when you talked about the benevolent of regular seasonality in the fourth quarter, and I assume your seasonal force coming out of Chinese unusual Year. What is the, in your mind, the regular seasonal trends on, maybe on a percentage basis, third to fourth quarter then fourth quarter to first quarter?

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    Yeah, that's difficult to say. I mean, in particular sort of in this -- these periods that we're working through at the moment, as Luis said, it's benevolent of magnified now, there's a slowdown in smartphones, but I would snarl looking back, it's a --

    Luis Muller -- President and Chief Executive Officer

    So it's about a --

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    Plus or minus 10, maybe --

    Luis Muller -- President and Chief Executive Officer

    Plus or minus --

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    -- maybe low-teen percentage fluctuation from peak to trough on a seasonality, just speaking out of recollection here.

    Tom Diffely -- D.A. Davidson -- Analyst

    Okay, that's helpful. And then I guess just quickly on the tax rate, you talked about 19% for 2018. Is that what you hope as well going forward benevolent of a long-term tax rate?

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    Yeah. I mean, we're working through the next year's operating draw at the moment, but their preliminary view of that is 20%. So a itsy-bitsy bit higher than where they will exist for 2018, but I deem 20% is a apt rate to consume for modeling birthright now. We'll update that as they savor better information.

    Tom Diffely -- D.A. Davidson -- Analyst

    Okay. And then just one final product question. When you behold at the flat panel panoply driver trade on the Diamondx, is that going to exist upgrades to existing Diamondxes in the sphere or is that a unusual tool?

    Luis Muller -- President and Chief Executive Officer

    Tom, this is Luis. No, this is essentially unusual tool. They are soundless a sort of a miniature number two in the market. And as you pointed out, the Diamondx is the platform, which is a generic purpose SOC tester. And so unusual sales here are essential unusual Diamondx with instrumentation that enables TDDI or large panel panoply driver tests.

    Tom Diffely -- D.A. Davidson -- Analyst

    Okay. every right. Thanks for your time.

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    Thanks, Tom.

    Luis Muller -- President and Chief Executive Officer

    Thank you.

    Operator

    Your next question comes from the line of Craig Ellis. Your line is open.

    Craig Ellis -- B. Riley FBR -- Analyst

    Thanks for taking the question. Guys, I first wanted to try and better understand the mobility dynamics in the quarter. So Luis, lucid it was some thermal and turret handler issues. But the question is, given the magnitude of the missed $6 million, one, was there anything else from an pause market standpoint that impacted results? And two, was it just gear on the mobility side or did that savor some collateral repercussion to the recurring sales as well?

    Luis Muller -- President and Chief Executive Officer

    The -- taking the first fragment here, it was really every mobility driven, Craig. They had a drop in essentially turret handler sales in the quarter associated with RF ICs, miniature power management ICs, discrete semiconductors, essentially products that go into mobility or I guess you could snarl besides generic consumer mobility products, IoT related. Now, that did create an impact, an associated repercussion to recurring, but as usual, the recurring repercussion is benevolent of an order of magnitude lower than it is for the gear side.

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    Yeah, Craig. I would snarl it was probably an 80%-20%, where 20% of the miss was related to the recurring business. And then if you behold on a percentage basis, recurring was about 51% of revenue in the quarter, where generally over time it's about 45%.

    Craig Ellis -- B. Riley FBR -- Analyst

    And how much of coalesce was mobility in the quarter? Where are they as they enter the fourth quarter with mobility?

    Luis Muller -- President and Chief Executive Officer

    I don't savor that data point on my fingertips birthright now, Craig.

    Craig Ellis -- B. Riley FBR -- Analyst

    Okay. Well maybe flush or Jeff can get, I'll go on to the next question. So Jeff, just looking at guidance at a $175.5 million I deem at the midpoint, it would seem like that guidance would imply that the Xcerra trade would exist tracking a itsy-bitsy bit below a $100 million and the Cohu trade a itsy-bitsy bit below $80 million, I know you don't want to give out specific numbers. But at least directionally, does that sound reasonable or was one of the businesses impacted significantly more than the other as they go through a age of capacity absorption?

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    Craig, yeah, that -- those are reasonable numbers. Yes.

    Craig Ellis -- B. Riley FBR -- Analyst

    Yeah. Okay. The next question is really a follow-up, but really focused on something different than Patrick's question with OpEx. So a nice job bringing home the early synergies. The question is, if they savor a exact environment that stays soft, are there levers that you can drag that are more structural and sustainable that would extend the $20 million savings to something greater, if they savor a exact environment, where they don't espy something like a seasonal snap back sometime next year?

    Luis Muller -- President and Chief Executive Officer

    Well, I think, as they always do, right, they behold to sort of the non-essential projects, whether it's in engineering or whether it's in G&A as well as trying to rationalize the sales and service organization and what's required there should they go into a downturn.

    Craig Ellis -- B. Riley FBR -- Analyst

    Okay. And then, Jeff, just following up with two things on the skid that you had with the unusual mid-term target model and some of the clarifying comments below that. One, as they deem about the mid-term target, what's the timeframe that the Company is thinking about? And what are some of the underlying assumptions on sales that you're using to procure to the $235 million?

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    Okay. So the assumption that it's mid-term, so they define that as three to five years. And then in terms of achieving the $235 million, it is a combination of low single-digit market growth for both the handler and the ATE markets. And then it's growth in excess of the market rates for contactors, and that's double-digit, low-double digit, I'd snarl 10% plus as well as growing the tester trade in unavoidable markets faster than the market growth as well.

    Craig Ellis -- B. Riley FBR -- Analyst

    Thanks for that. And then lastly, and then I'll jump back in the queue. There is a bullet on the identical skid that states that Xcerra results and 34% earnings accretion for the fourth quarter, what's the basis for the earnings accretion that you're using?

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    In terms of the share count?

    Craig Ellis -- B. Riley FBR -- Analyst

    No, in terms of earnings, the statement is 34% EPS accretion. And so I'm prodigy -- you could either convey what the total amount is or what the basis is, so that I can outcome the math and procure to the total.

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    Well, so I'm not completely following you here Craig on your question. EPS, you succeed the math on the guidance with the tax rate and you're somewhere in that $0.19, $0.20 range.

    Craig Ellis -- B. Riley FBR -- Analyst

    Got it, OK. Thank you.

    Operator

    (Operator Instructions) Your next question comes from the line of David Duley. Your line is open.

    David Duley -- Steelhead Securities -- Analyst

    Yeah, thanks for taking my question. One clarification. I deem you said the size of your contactor market or contactor revenue was a $150 million, growing to $300 million. Is that the birthright number? And then capitalize me understand, why it's going to grow so much? I would assume, it's because you're going to extend the connection rate, but maybe just elaborate on that a itsy-bitsy bit.

    Luis Muller -- President and Chief Executive Officer

    Yeah, let me just reform one thing here, Dave, this is Luis. It -- the size of the contactor trade now is about a $125 million. And if they -- if you just behold at the attachment rate to their handler sales, it's a trade that has the potential to grow to $300 million. Now, that is over the long-term. And as Jeff pointed out, we're looking at growing faster than market at low double-digit, so in the low-teens annual dash rate by basically deploying solutions in conjunction with their handling gear and primarily focused at -- initially at least, primarily focused at addressing automotive customers, better thermal controller tests as well as capitalizing on opportunities in 5G, they savor over-the-air and millimeter-wave contacting.

    David Duley -- Steelhead Securities -- Analyst

    Now, capitalize us understand, I deem that Xcerra had a pretty elevated connect rate and Cohu historically didn't savor as elevated as connect rate. Could you share some of that math, so they can understand how this might unfold?

    Luis Muller -- President and Chief Executive Officer

    That is correct. I mean, Xcerra -- or at least the trade they acquired here from Dover few years back has been in the contactor space for a long time and they savor gotten to very close to a 100% attachment rate of contactors to their handlers. On the Cohu front, they started this trade about 2.5 years ago. They are running at about a 20% attachment rate to their handlers. And so significant room to expand there and the draw is to leverage the Xcerra contactors, the technology, the broader sphere applications in manufacturing infrastructure now to exist able to deploy and service this larger groundwork of opportunities that they savor on the Cohu handlers.

    David Duley -- Steelhead Securities -- Analyst

    Okay. And then you mentioned that you're going to go direct in China and Taiwan and historically I deem Xcerra had viewed that relationship with Spirox as an necessary relationship. So if you could capitalize us understand why you deem you savor an handicap going direct there? And then just as another follow-up, could you capitalize me understand what your market share in handlers should be, given the guidance you gave in the fourth quarter? Thank you.

    Luis Muller -- President and Chief Executive Officer

    So Xcerra has had a long-term relationship with Spirox. I deem it goes back to perhaps even Credence. Nevertheless, over the last two years or more so 18 months, Xcerra has built two test development centers, one in Hsinchu, Taiwan, the other one in Shanghai, China to bolster the capability and actually address a request from customers to deal directly with the Xcerra team, not only in test program development, but besides at a technical smooth understanding instrumentation roadmap. So they are essentially leveraging on that infrastructure plus Cohu sales and service infrastructure in the region to outcome what customers savor already asked for, which is to go direct to extend the smooth of back and as they believe here that will open up the door for additional trade in both of those countries.

    As for the second fragment of your question, I really don't savor data to give you a number on market share. Needless to say, they are the leading handler supplier in the industry across the various segments outside of memory, but that's the extent of what I know today and I don't savor numbers on that.

    David Duley -- Steelhead Securities -- Analyst

    Okay. One final question. As you mentioned that you are going to pause of life some products, I'm assuming that's in the handler market without mentioning customers or products themselves. What benevolent of revenue exposure outcome you savor to some of these overlapping situations, where you're going to exist pause of life in products?

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    Dave, this is Jeff. So we've got minimal exposure in terms of any sort of revenue overlap in the markets. And so obviously, the goal is to pause of life a particular product, but interject a replacement product at the identical time. So what we're modeling is pretty minor in terms of dis-synergies, if you will, and they deem that that's achievable.

    David Duley -- Steelhead Securities -- Analyst

    Thank you.

    Operator

    (Operator Instructions) Your next question comes from the line of Craig Ellis. Your line is open.

    Craig Ellis -- B. Riley FBR -- Analyst

    Thanks for taking the follow-ups. First question. Jeff, did you mention expected interest expense for the fourth quarter? And relatedly, how should they deem about the consume of cash as newco generates cash in 4Q and beyond?

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    Sure. Yes. Interest expense in 4Q is $5 million. And then as they go forward, we're going to maintain about a $125 million of cash on the equipoise sheet. Again, that's to back the operations, to back capital expenditures, the dividend as well as the interest payments that I just talked about. So that's the strategy. Anything in excess of $125 million will go to delever, we'll pay down the debt as soon as they can, as rapid as they can. They will continue though to evaluate the situation and evaluate that strategy, but for now, that's how they hope to go forward.

    Craig Ellis -- B. Riley FBR -- Analyst

    Thank you.

    Operator

    I am showing no further questions at this time. I would now like to gyrate the conference back to Mr. Richard Yerganian.

    Richard Yerganian -- Vice President, Investor Relations

    Thank you, Kyle. They want to thank everyone for joining us on the call today, and hope you every savor a apt afternoon and evening. Thank you.

    Operator

    Ladies and gentlemen, this concludes today's conference. Thank you for your participation, and savor a wonderful day. You may every disconnect.

    Duration: 43 minutes

    Call participants:

    Richard Yerganian -- Vice President, Investor Relations

    Luis Muller -- President and Chief Executive Officer

    Jeffrey Jones -- Vice President Finance and Chief fiscal Officer

    Patrick Ho -- Stifel -- Analyst

    Tom Diffely -- D.A. Davidson -- Analyst

    Craig Ellis -- B. Riley FBR -- Analyst

    David Duley -- Steelhead Securities -- Analyst

    More COHU analysis

    Transcript powered by AlphaStreet

    This article is a transcript of this conference call produced for The Motley Fool. While they strive for their fatuous Best, there may exist errors, omissions, or inaccuracies in this transcript. As with every their articles, The Motley Fool does not assume any responsibility for your consume of this content, and they strongly animate you to outcome your own research, including listening to the call yourself and reading the company's SEC filings. gladden espy their Terms and Conditions for additional details, including their Obligatory Capitalized Disclaimers of Liability.

    Motley Fool Transcribers has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.



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