Overall, what we’ve been able to do is really take the non-profitable stuff-up, consolidate facilities that shouldn’t have been separate to begin with, focus on the things that we can deliver, unmanned systems using our own sensors. Other people have unmanned systems to various conflicts that use our sensors. So we’re happy to send them our sensors, but we also can incorporate them in our system. So, we kind of think that the defense business there in DI has had an inflection point and is really turning positive now.
Noah Poponak: Okay. That’s helpful. And then just one last one in DI. What do you now expect the rate of decline to be for the year in the machine vision piece? And do you have enough order book or visibility to have a sense for what that revenue does in ’24, or is it too short cycle?
Robert Mehrabian: I think, overall, we’re going to see an increase in revenue in DALSA, e2v part of DI, as much as 6% with some of it coming from acquisitions. In the other part of DI, which would be FLIR, we expect that we may have slight decline, let’s say, to 1.839 — 1.834 let’s say from 1.84 what was then 1.86 last year, which is very minor. And some of that comes from Raymarine, where we — consumer products that are more discretionary at this time. But overall, I don’t see a huge decline in Digital Imaging because DALSA, e2v has grown. And we are weathering the downturn in some of our other commercial products very well. And then we, of course, have some really good upside in things like healthcare, where markets, even in, let’s say, in Q3, we had almost 12% increase in revenue in that area. So, it’s balanced.
Noah Poponak: Sorry. Those comments are on total Digital Imaging revenue, you’re saying?
Robert Mehrabian: Total Digital Imaging revenue. Yes.
Noah Poponak: Okay. I appreciate that. I just — so it’s clear. I was asking on just machine vision within Digital Imaging.
Robert Mehrabian: Just machine vision?
Noah Poponak: Yes.
Robert Mehrabian: Okay. There’s different parts of it. There’s a machine vision at DALSA, e2v and there’s some machine vision in FLIR. I haven’t added those two together. If I were to add those two together, I’d say, the full year might be down 2%. But again, could be a little higher, but it doesn’t bother me that much, Noah, only because, as I mentioned before, we have new products like in battery inspection, and we’re more emphasizing our ability to put some information and intelligence in our devices, cameras, a move up market. So, this market is going to turn. It’s not going to stay where it is. Semiconductor is not going to stay down forever. And I think we’re well positioned for growth once those turn a little bit.
Noah Poponak: Yes. That’s interesting. It’s much different than the peer set. So, yes, it seems well positioned. Okay. All right. Well, thanks again. Thanks for the time. I appreciate it.
Robert Mehrabian: Thank you very much, Noah.
Operator: And we have no additional questions in queue at this time.
Robert Mehrabian: Thank you, operator. I’ll now ask Jason to conclude our conference call.
Jason VanWees: Thanks, Robert. And again, thanks everyone for joining us today. If you have any follow-up questions, please feel free to call me. Number is on the earnings release or of course, send me an e-mail. And all the press releases are available on our website as is the replay. John, if you could give the dial-in information for the replay at the end of this call that would be great.
Operator: Certainly. Ladies and gentlemen, this call has been recorded and will be available for replay from today at 10 am Pacific through midnight on November 25, 2023. To access the replay, dial 866-207-1041 and enter access code 6439556. International participants, dial 402-940-0847. Once again, those numbers are 866-207-1041 for domestic and for international it’s 402-940-0847 and the access code again is 6439556. And that will conclude your conference call for today. Thank you for your participation and for using AT&T Event Conferencing. You may now disconnect.
