Mark Adams: I think Ken talked about it, and I’ll let him clarify in terms of the percentage of our topline revenue. Now remember this, I think this — I better not go, but services are up a multiple — a big multiple four to five times since we started here three years ago.
Ken Rizvi: Yes, I think even if you look over the last nine months or so, I think services are up about year-to-date, so the first-nine months versus the first-nine months last year are up about 60% year-over-year. Now within that, there are point in time services like logistics and design and implementation. And then there are ongoing services that we’ve been growing over time as well.
Mark Lipacis: Got it, thank you, very helpful.
Mark Adams: Mark, one more comment, as you asked the question. I think — I think for us and this is where I’m super committed in working with the team is that the discipline is going to be stay away from the hardware bidding one-offs. Do what you’re doing, stick to your knitting and do what you’re good at and we can certainly design great system. We’ve proven that. But the question is, does the customer value the overall offering and that’s going to be something we continue to focus on, as we continue to expand and invest in IPS.
Mark Lipacis: Got you. Thank you.
Mark Adams: Thank you.
Operator: Thank you, Mr. Lipacis. Our last question is from the line of Brian Chin with Stifel. You may proceed.
Brian Chin: Hi, great, thank you. Good afternoon, nice job. And thanks for letting us ask a few questions. Maybe backtrack to Brazil, I guess, any consideration to reporting Brazil in discontinued ops, but I guess more importantly, I’m also little surprised by the limited EPS impact when you strip out Brazil. So basically, Brazil was operating at a slight loss in Specialty Memory. Op margins seemed to be in the low-to mid-teens. But also thinking across the cycle, what the op margins in Brazil when the business was operating at peak revenue run rates maybe going back four to five quarters ago?
Ken Rizvi: Yes, so, I think if you look at the Brazil business and where it is today, we tried to outline the first three quarters, Brian and also where the current run-rate was as of Q3, which was in that $39 million range in terms of revenues. So not a surprise in the sense that above the margin profile — gross margin profile for that business is lower than where it was, call it a year-ago. But this has always been a business that has had the lowest margins or the lower-end of the margin profile for SGH, if you look it on a historical basis and well below the corporate average. Even at peak times, it’s been well below the corporate average. And where we’ve done better in terms of both margin profile on the gross margin size and operating margin profile is in the Specialty segment where we are targeting Enterprise Solutions and higher-value added solution for our customer-base.
I don’t know if that answers the question, but that’s where — where the business is today.
Brian Chin: Okay, fair enough. And then maybe kind of be a bit direct to the point on IPS. I guess, broadly speaking, are you starting to rebuild the funnel there in IPS and then rather than asking you about a quarter, I’ll just go ahead and ask about the full-year. So how are you thinking about IPS growth rates in fiscal ’24 based on current visibility?
