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2/22/2021
Good day, everyone, and welcome to today's The Singing Machine Third Quarter Earnings Call. At this time, all participants are in a listen-only mode. Later, you will have an opportunity to ask questions during the question-and-answer session. You may register to ask a question at any time by pressing the star and 1 on your touchtone phone. Please be advised, this call may be recorded. It is now my pleasure to turn the program over to Brandon Hopkins. Please go ahead.
Thank you, and thank you, everyone, for taking the time to join us today. We have a brief safe harbor, and we'll get started. Except for historical information contained herein, the statements in this conference call are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecasted results. With that said, I would like to turn it all over to Gary Atkinson, CEO of The Singing Machines.
Thank you, Brendan. Good afternoon, ladies and gentlemen. I want to thank everybody for taking the time this afternoon to get an update on the results of our third quarter that we just released this morning. I want to start off by saying we're obviously very, very pleased with the results from this third quarter, our holiday quarter. It was a very, very strong quarter for us in which we were able to deliver on a lot of key performance goals For instance, we were able to grow top line sales by 22% year over year for the third quarter. We were successful in being able to expand margin significantly up to close to 30% for the quarter. And we were able to deliver a whopping earnings per share of $0.09 year to date and $0.03 for the quarter. So we're very, very pleased with the results. We're excited to talk about them with you today. And with that being said, we'll be turning the call over to Lionel Marquis, who is the company's CFO. Lionel is going to be giving us a bit of some color and details behind the numbers. And then after that, we're going to turn it over to Bernardo Mello, who is our VP of Global Sales and Marketing. And Bernardo will give us an update on some of the good results that we saw over the holidays and talk a little bit about what we're seeing going into fiscal 22. So with that being said, I want to turn it over to Lionel.
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