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98-368 exam Dumps Source : Mobility and Devices Fundamentals

Test Code : 98-368
Test appellation : Mobility and Devices Fundamentals
Vendor appellation : Microsoft
: 37 actual Questions

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Microsoft Microsoft Mobility and Devices

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

via Lionel Moyal, workplace traffic 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 profit 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 likewise live devastating to an organization’s attractiveness and basis 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 need to co-create cost and collaborate with partners, made isolationism unattainable.

really, employees are spending an immoral lot (as much as 50%) extra time in collaborative activities, whereas analysis traffic 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. final year, a whopping forty three% of totality cyber-assaults Have been centered at SMEs in keeping with protection utility company Symantec.

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

the usage of the cloud to live 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 material facts hub for groups, which in swirl is likewise making it a primary target for cyber criminals. due to this fact, cloud-primarily based cyber-assaults Have increased a large 300% yr-on-12 months.

if you befall to movement your supplier to a cloud carrier, you Have to live 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 silent live 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 attain to offer protection to themselves is to invent exercise of a special password for every website and online provider they use.

additionally, businesses should silent instruct staff to keep away from using fundamental passwords (easy to guess or crack), using option authentication methods or multi-component authentication, as well as to allot 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 constituent for cyber-attackers and comprises notebook PCs, smartphones, and pills amongst others and because users engage with an endpoint, it continues to live a key probability for attackers and a safety priority for organizations.

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

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

Managers can additionally support abide away from unintentional facts leaks through securely isolating enterprise assistance from own assistance by using paraphernalia infatuation windows counsel protection. they could ensure that personnel always Have entry to files while confining traffic 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 traffic are integrated and brings together productivity tools that corpse of workers will already live 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 actual 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 gregarious 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 travel suddenly, or Microsoft being variety to cell game enthusiasts (besides the fact that children maybe that does play some half within the choice) the veracity is that this totality ties into the broader scope of Microsoft's plans to interlard gamers to the Xbox ecosystem besides the fact that they shouldn't Have an Xbox. in accordance with home windows material the brand novel 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 Have a proper control mechanism to exercise with venture xCloud after they circulate video games from the cloud via their cellular contraptions, much infatuation psNow or OnLive.

windows significant cites research papers from Microsoft that showcase prototypes for competencies upcoming controller add-ons for cell gadgets. This includes a left and privilege 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 correct handles, with a digital pad on the left module and the 4 kisser buttons on the privilege module. Customizable handles can likewise live snapped on to the controller so you can score distinct grip-lengths as neatly. The bumpers and triggers can live organize on the underside of the precise controllers.

The modular design is based mostly across the concept that distinct styles of mobile clients will need to exercise 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 Have develop into generic with different mobile gaming hardware such because the 3DS and the Nintendo switch.

that you would live able to in reality perceive that there is some concept from the pleasure-Cons given the removable nature of their design. The performance is silent 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 privilege 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 look snazzy. They remind me loads of the Oculus handle controllers that approach with the Rift HMD.

Microsoft will likely preserve refining the design, and possibly locate some concede on the pass to invent the grip handles more compact and approach with fewer pieces. A retractable grip design would likely live the foremost choice, with a slider to deliver the grip size out infatuation a matryoshka doll, and a few sort of plastic snap to cling the grips in place.

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


Making mobility labor … with Microsoft floor | killexams.com actual Questions and Pass4sure dumps

PROMOTED content material

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

The digital workspace consists of totality of the tools they deserve to labor with no anxiety 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 labor productively despite their place. And research suggests that’s exactly how these days’s experts want it to be. Some researchers content that by means of 2020, half of the united kingdom’s group of workers will live working remotely. however the estimated tempo of alternate has been the zone of some debate, there's evidently a travel 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 live made up of millennials, championing greater open collaborative workspaces, a stronger sustain 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 likewise demands an evaluation of what personnel really need with a view to labor remotely.

average laptops are considered via many to live too cumbersome to carry round on a daily foundation. at the very 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 function a neatly fitted keyboard, which is detachable on some models, plus an not obligatory pen and an on-board suite of apps and paraphernalia 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 adequate 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 partake notes from any device. users can record or handwrite notes, annotate documents, or sketch out their huge notion 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 second is via video.

1pm – taking Part 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 likewise 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 need from anywhere and safely partake content material with anybody interior or outdoor the corporation.

2pm – Getting artistic

The surface family invent excellent artistic companions. novel co-authoring, intelligence, inking and 3D capabilities in widespread office applications infatuation observe, exceed and PowerPoint invent it simple for employees to rapidly mock up concepts, partake with others and then labor together in precise-time to faultless the solution. AI takes this to the next level by facilitating novel strategies of input, equivalent to dictation that will likewise live transcribed and translated, in addition to cloud-powered design counsel to raise shows. there is likewise quite a number certain applications to assist initiatives progress, corresponding to Adobe creative Cloud, SurveyMonkey and GitHub.

4pm – totality that admin

To speed up cellular productivity, purposes infatuation Outlook, notice, Excel, PowerPoint, SharePoint, OneDrive, and Microsoft teams are seamlessly attainable on surface. workers can create, chat, partake and present – totality from one machine. Microsoft has likewise delivered AI to Outlook to assist users score more performed with a focused Inbox that filters much less vital mail out of view so people can seat of attention on the emails that rely most. in a similar way, Cortana helps Outlook cell users dwell on privilege 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 invent the most the best feasible merits of the surface family unit, CDW gives a number wrap-round services that add expense in vital areas. an in depth ambit of protection and support capabilities are offered by pass 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 abet and delivery.

be taught more concerning the floor family unit




Killexams.com 98-368 Dumps and actual Questions

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98-368 exam Dumps Source : Mobility and Devices Fundamentals

Test Code : 98-368
Test appellation : Mobility and Devices Fundamentals
Vendor appellation : Microsoft
: 37 actual 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 convene is Suman Kumar. i Have were given 89.25% in 98-368 exam after you Have your grasp a peer at substances. thank youfor offering this sort of useful grasp a peer at material as the reasons to the solutions are excellent. thanks killexams.com for the extraordinary query bank. the best issue about this query monetary institution is the circumstantial answers. It facilitates me to understand the notion 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 elope away from might live a lot amusing to peer at; its smooth and brief manner of getting to the points made my preparation lot less difficult. totality pass to killexams.Com , I by no means notion I could skip my examination but I did pass with flying colors.


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


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Mobility and Devices Fundamentals

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

It’s a mighty time for the media and entertainment industry. novel technologies live of value service providers can create and deliver more content than ever before. Content is taking on novel 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. totality of these emerging technologies likewise support novel formats infatuation 4K and Virtual Reality—as seen in the Pyeong Chang 2018 Winter Olympics—and delivery across devices and into novel environments infatuation 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 brilliant and secure platforms, we’re powering novel opportunities to create, manage and distribute digital content. As a result, service providers Have novel avenues to extend revenue and profitability by increasing audience engagement.

To seize these opportunities, it’s captious that broadcast engineers Have 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 abet your engineers gain these invaluable skills. It’s a captious step to ensure you’re getting the most out of your technology investments.

These novel training courses are specifically aimed at employees who will exercise 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 likewise gain erudition of the IP Fabric Media and Data seat Network Manager (DCNM) Media Controller, the core component of the solution. The course includes lab exercises focused on edifice 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.

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    How to prevent Pressure Ulcers in Local Communities | killexams.com actual questions and Pass4sure dumps

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    Education and Prevention Strategies

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    Cohu Inc (COHU) Q3 2018 Earnings Conference convene Transcript | killexams.com actual 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 monetary Results Conference Call. At this time, totality participants are in a listen-only mode. Later, they will conduct a question-and-answer session and instructions will ensue at that time. (Operator Instructions) As a reminder, this conference convene is being recorded.

    I would now infatuation to swirl the conference over to your host, Mr. Richard Yerganian. You may commence your conference.

    Richard Yerganian -- Vice President, Investor Relations

    Thank you, Kyle. righteous afternoon and welcome to their conference convene to debate 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 need 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 likewise a glide presentation in conjunction with today's convene that can live accessed through the webcast link on Cohu's website, and is likewise posted as a PDF in the Investor Relations section. Replays of this convene will live available via the very page after the convene concludes. Between now and their next earnings call, they will live participating in the Mizuho Global Investor Conference in novel York on December 3rd, the 7th Annual NYC Investor pinnacle likewise in novel York on December 11th and the Needham Growth Conference on January 15th and 16th. They will likewise live on the road meeting with investors in the Midwest and Boston in the coming months. please contact us if you would infatuation 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 invent forward-looking statements reflecting Management's current expectations concerning the Company's future business. These statements are based on current information that they Have assessed, by which -- but which by its nature is theme to rapid and even abrupt changes. They encourage you to review the forward-looking statements section of the glide 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 duty to update these statements as a result of developments occurring after this call.

    Finally, during the convene today, they will likewise debate certain non-GAAP monetary measures. please advert to their earnings release and glide presentation for reconciliation to the most comparable GAAP measures.

    Now, I'd infatuation to swirl the convene 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 infatuation to provide some commentary on the third quarter and current traffic 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 demand 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 silent delivered a solid 14.8% adjusted EBITDA demonstrating the resilience of their traffic model.

    We believe fundamentals for the semiconductor industry remains tough even though the recent general tone in the market has caused some customers to grasp 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 tough 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 display drivers.

    Moving on to the acquisition of Xcerra, the integration of the two companies is off to a righteous start and they Have already implemented $9.1 million in annual elope rate cost synergies. They anticipate 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 elope 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 recess of life and consolidation plans, and started to identify cross-selling opportunities for their semiconductor products that will live Part of their map and focus for 2019.

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

    With the completion of the Xcerra acquisition, they Have significantly strengthened the monetary 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 novel segment for Cohu, semiconductor testers or ATE, Xcerra has a tough position for testing RF power amplifiers in front-end modules, micro-controllers, power automotive ICs and a growing position in flat panel display drivers. Across totality their product lines, they Have a premier customer basis that is global in scope with no one customer accounting for more than 10% of sales in the final 12 months. Through their atg-Luther & Maelzer brand, they provide paraphernalia for printed circuit board test in an established leadership position in flying probe.

    Cohu is aligned with key recess 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 totality 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 Have provided a significant boost to their market segment that typically has a higher stint capital intensity due to stringent quality 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 novel 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 novel spectrum of opportunities for their millimeter wave contactors in test instrumentation, with the map to capture several design wins in 2019. They likewise target growing ATE sales in support 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 display driver market. This is being driven by the more tangled test challenges of TDDI devices plus capturing novel volume in large panel display drivers for television monitors.

    Unlike the traditional approach taken in this market, which is to offer specialized test systems, their display driver solution is available as Part of their well-established general purpose SOC test platform, the Diamondx, which offers test subcontractors a more compelling value proposition. They map to continue winning novel sockets in this market and expand their resources to support 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 need to live transferred, processed and eventually stored. With an endless ambit of applications, including facial recognition to unlock your phone, to being able to open the trunk of your car with oscillate of your leg, they project continued demand 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 paraphernalia 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 infatuation to now swirl the convene over to Jeff to review their third quarter results and provide fourth quarter guidance.

    Jeffrey Jones -- Vice President Finance and Chief monetary Officer

    Thanks, Luis. Let me commence by reviewing Cohu's third quarter monetary results, which demonstrate the strength of their traffic 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 recess of the quarter. Their contactor traffic represented 11.4% of sales for the quarter.

    For Q3, the GAAP to non-GAAP adjustments comprehend 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 totality 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 extreme 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 anticipate 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 anticipate their effective tax rate for the fourth quarter to live 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 very era final year, as a result of their continued traction in the automotive and industrial markets and expansion of contactor sales. Year-to-date extreme 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 partake 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 paraphernalia service and spares represented 46% of total revenue for the first nine months of 2018. As many of you know, this traffic provides a stable basis that generates higher than Company impartial extreme margins. Growth in this traffic is being driven by their expanding installed basis -- handler basis and the contactor design wins.

    With Xcerra, they anticipate the total recurring traffic to remain at approximately 45% of revenue with significant break for further growth. In fact, the contactor traffic lonesome is expected to live approximately a $120 million in annual sales with an break 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 tide from operations.

    Fixed asset additions in Q3 were approximately $600,000 and depreciation was $1.4 million. Deferred profit at the recess of September was $1.9 million, up a $185,000 from $1.7 million at the recess of the second quarter. The related deferred revenue at the recess 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 live maintaining approximately a $125 million of cash on the equipoise sheet to support operations, capital expenditures and the dividend. Cash generated in excess of a $125 million will live used to pay down the debt and delever the Company. Cohu's Board of Directors approved a quarterly cash dividend of $0.06 per partake 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 elope 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 anticipate 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 live achieved through product rationalization, supply chain alignment and consolidation of the direct sales organization.

    Many of these initiatives Have already started with the communication to customers of their product recess 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 moving to their guidance for the fourth quarter, which includes a complete quarter of contribution from Xcerra. We're expecting Q4 sales to live in the ambit of $168 million and $183 million. Revenue distribution is expected to live 94% semiconductor test and inspection and 6% PCB test. extreme margin in Q4 is expected to live approximately 43%, reflecting benefits of a larger consumable test contactor business. Operating expenses are expected to live 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 live 34% EPS accretive in the quarter and the diluted partake import is expected to live approximately 41.7 million shares. Over the mid-term, they are targeting extreme margin of 48% and EBITDA of 22% on quarterly sales of approximately $235 million. Profitability targets comprehend the profit 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 offer differentiated technologies and best-in-class systems and consumables to uniquely address customers' test and inspection challenges. They Have a larger presence in the growth segments of the market. They Have a limpid path to realize significant cost synergies driving increased margins, cash tide and earnings. And they Have started the process to identify cross-selling opportunities by leveraging their expanded customer presence and global direct support organization.

    And that concludes their prepared remarks. And now, we'll open the convene 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 puny more color, given some of the mingle of their commentary out there privilege now in the semiconductor market in market segments infatuation automotive, industrial and even IoT, how attain you perceive the market today in some of those key market segments for you? And what does it peer infatuation 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 attain remain vigorous and they are seeing a seasonal pattern in Q4 as we've seen in past years with slower demand for micro-controllers and this is impacting both the testers as well as the handlers, miniature power management ICs, RF ICs and likewise LEDs, which is essentially impacting in this case their handlers only. So overall weakness in semiconductors for smartphone applications. And I would content 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 puny too early to live talking about this for the vast picture view for next year. We're silent rolling up input from customers into their plan. Traditionally, they would anticipate things to pick up again post Chinese novel Year or into early Q2. What I can disclose 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 silent miniature in flat panel display driver test. This is particularly to ATE. They Have 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 paraphernalia 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 content is quite remarkable. As you peer at some of the simple costs and expenses that you can score out of the pass in terms of duplicate costs, as you peer at other line items infatuation R&D, given that both Xcerra and Cohu participated in similar markets, are there already opportunities for you to nick some of those costs and potentially even bring higher cost synergies when totality is said and done?

    Jeffrey Jones -- Vice President Finance and Chief monetary 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 recess of life and product consolidation. And so as they ebb 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 Have already communicated these product plans, product recess of life to the affected customers and those will live taken station by -- the recess of life will live taken station by mid 2019. And through next year, we'll live combining the capability of those products on the surviving products. And needless to say, there is no overlap and therefore no consolidation to live 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, righteous afternoon. I guess, following up on Patrick's questions there, just wanted to score a puny bit more information about how Xcerra did in the final two quarters, maybe just from a top-line basis to perceive what the trends are heading into the fourth quarter?

    Jeffrey Jones -- Vice President Finance and Chief monetary Officer

    Tom, it's Jeff. They don't anticipate in the future to breakout that level of detail. I mean, I will content that they are not immune from the seasonality. So I believe 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 score to any kindly of a historical pro forma in the final two quarters for Xcerra?

    Jeffrey Jones -- Vice President Finance and Chief monetary 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 novel information there, Tom.

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

    Okay. And then when you talked about the kindly of gardenvariety seasonality in the fourth quarter, and I assume your seasonal strength coming out of Chinese novel Year. What is the, in your mind, the gardenvariety 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 monetary Officer

    Yeah, that's arduous 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 kindly of magnified now, there's a slowdown in smartphones, but I would content looking back, it's a --

    Luis Muller -- President and Chief Executive Officer

    So it's about a --

    Jeffrey Jones -- Vice President Finance and Chief monetary Officer

    Plus or minus 10, maybe --

    Luis Muller -- President and Chief Executive Officer

    Plus or minus --

    Jeffrey Jones -- Vice President Finance and Chief monetary Officer

    -- maybe low-teen percentage fluctuation from peak to trough on a seasonality, just speaking out of memory 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 anticipate as well going forward kindly of a long-term tax rate?

    Jeffrey Jones -- Vice President Finance and Chief monetary Officer

    Yeah. I mean, we're working through the next year's operating map at the moment, but their prefatory view of that is 20%. So a puny bit higher than where they will live for 2018, but I believe 20% is a righteous rate to exercise for modeling privilege now. We'll update that as they Have better information.

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

    Okay. And then just one final product question. When you peer at the flat panel display driver traffic on the Diamondx, is that going to live upgrades to existing Diamondxes in the domain or is that a novel tool?

    Luis Muller -- President and Chief Executive Officer

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

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

    Okay. totality right. Thanks for your time.

    Jeffrey Jones -- Vice President Finance and Chief monetary 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, limpid 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 recess market standpoint that impacted results? And two, was it just paraphernalia on the mobility side or did that Have some collateral repercussion to the recurring sales as well?

    Luis Muller -- President and Chief Executive Officer

    The -- taking the first Part here, it was really totality 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 ebb into mobility or I guess you could content likewise general consumer mobility products, IoT related. Now, that did create an impact, an associated repercussion to recurring, but as usual, the recurring repercussion is kindly of an order of magnitude lower than it is for the paraphernalia side.

    Jeffrey Jones -- Vice President Finance and Chief monetary Officer

    Yeah, Craig. I would content it was probably an 80%-20%, where 20% of the miss was related to the recurring business. And then if you peer 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 mingle 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 Have that data point on my fingertips privilege now, Craig.

    Craig Ellis -- B. Riley FBR -- Analyst

    Okay. Well maybe rich or Jeff can get, I'll travel on to the next question. So Jeff, just looking at guidance at a $175.5 million I believe at the midpoint, it would look infatuation that guidance would imply that the Xcerra traffic would live tracking a puny bit below a $100 million and the Cohu traffic a puny 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 ebb through a era of capacity absorption?

    Jeffrey Jones -- Vice President Finance and Chief monetary 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 Have a demand environment that stays soft, are there levers that you can draw that are more structural and sustainable that would extend the $20 million savings to something greater, if they Have a demand environment, where they don't perceive something infatuation a seasonal snap back sometime next year?

    Luis Muller -- President and Chief Executive Officer

    Well, I think, as they always do, right, they peer 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 ebb into a downturn.

    Craig Ellis -- B. Riley FBR -- Analyst

    Okay. And then, Jeff, just following up with two things on the glide that you had with the novel mid-term target model and some of the clarifying comments below that. One, as they believe 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 score to the $235 million?

    Jeffrey Jones -- Vice President Finance and Chief monetary 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 content 10% plus as well as growing the tester traffic in certain 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 very glide 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 monetary Officer

    In terms of the partake count?

    Craig Ellis -- B. Riley FBR -- Analyst

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

    Jeffrey Jones -- Vice President Finance and Chief monetary Officer

    Well, so I'm not completely following you here Craig on your question. EPS, you ensue 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 believe you said the size of your contactor market or contactor revenue was a $150 million, growing to $300 million. Is that the privilege number? And then abet 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 complicated on that a puny bit.

    Luis Muller -- President and Chief Executive Officer

    Yeah, let me just correct one thing here, Dave, this is Luis. It -- the size of the contactor traffic now is about a $125 million. And if they -- if you just peer at the attachment rate to their handler sales, it's a traffic 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 elope rate by basically deploying solutions in conjunction with their handling paraphernalia 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 Have over-the-air and millimeter-wave contacting.

    David Duley -- Steelhead Securities -- Analyst

    Now, abet us understand, I believe that Xcerra had a pretty high connect rate and Cohu historically didn't Have as high as connect rate. Could you partake 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 traffic they acquired here from Dover few years back has been in the contactor space for a long time and they Have gotten to very nigh to a 100% attachment rate of contactors to their handlers. On the Cohu front, they started this traffic about 2.5 years ago. They are running at about a 20% attachment rate to their handlers. And so significant play to expand there and the map is to leverage the Xcerra contactors, the technology, the broader domain applications in manufacturing infrastructure now to live able to deploy and service this larger basis of opportunities that they Have on the Cohu handlers.

    David Duley -- Steelhead Securities -- Analyst

    Okay. And then you mentioned that you're going to travel direct in China and Taiwan and historically I believe Xcerra had viewed that relationship with Spirox as an significant relationship. So if you could abet us understand why you believe you Have an edge going direct there? And then just as another follow-up, could you abet me understand what your market partake 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 believe it goes back to perhaps even Credence. Nevertheless, over the final two years or more so 18 months, Xcerra has built two test progress 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 likewise at a technical level understanding instrumentation roadmap. So they are essentially leveraging on that infrastructure plus Cohu sales and service infrastructure in the region to attain what customers Have already asked for, which is to ebb direct to extend the level of support and as they believe here that will open up the door for additional traffic in both of those countries.

    As for the second Part of your question, I really don't Have 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 Have numbers on that.

    David Duley -- Steelhead Securities -- Analyst

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

    Jeffrey Jones -- Vice President Finance and Chief monetary 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 recess of life a particular product, but interlard a replacement product at the very time. So what we're modeling is pretty minor in terms of dis-synergies, if you will, and they believe 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 believe about the exercise of cash as newco generates cash in 4Q and beyond?

    Jeffrey Jones -- Vice President Finance and Chief monetary Officer

    Sure. Yes. Interest expense in 4Q is $5 million. And then as they travel forward, we're going to maintain about a $125 million of cash on the equipoise sheet. Again, that's to support the operations, to support 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 ebb to delever, we'll pay down the debt as soon as they can, as snappily as they can. They will continue though to evaluate the situation and evaluate that strategy, but for now, that's how they anticipate to ebb forward.

    Craig Ellis -- B. Riley FBR -- Analyst

    Thank you.

    Operator

    I am showing no further questions at this time. I would now infatuation to swirl 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 convene today, and hope you totality Have a righteous afternoon and evening. Thank you.

    Operator

    Ladies and gentlemen, this concludes today's conference. Thank you for your participation, and Have a wonderful day. You may totality 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 monetary 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 convene produced for The Motley Fool. While they strive for their ludicrous Best, there may live errors, omissions, or inaccuracies in this transcript. As with totality their articles, The Motley Fool does not assume any responsibility for your exercise of this content, and they strongly encourage you to attain your own research, including listening to the convene yourself and reading the company's SEC filings. please perceive 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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