Question-and-Answer Session
Operator
Yes, sir. (Operator Instructions.) And our first question comes from the line of John Vinh. Please go ahead.
Joe Dunsmore
Hey, John.
John Vinh - Collins Stewart
Good afternoon. Hey, a couple of questions, first on the stock buyback. Can you give us an update on how many shares you've executed to date on that program?
Kris Krishnan
As of this point, you will find a lot of the acquisition of shares in our Q as of the last Q filed and we had not executed anything.
John Vinh - Collins Stewart
Great. And it sounds like at these levels that you plan to - might be a little bit more aggressive going forward?
Joe Dunsmore
Yes.
John Vinh - Collins Stewart
Okay. On guidance, I was wondering if you could reconcile a couple of things for me. So if I look at your guidance for the quarter, you came in about $1 million ahead of expectations. With the acquisition that you just announced, you talked about a $200,000 revenue contribution in Q4. Yet the (inaudible) your revenue guidance was about $2 million below the midpoint of your full-year range that you previously gave. And obviously you talked about backlog improving in the quarter. So can we look at this being conservatism here? Or is this more of a function that you're just continuing to see some more economic headwinds in North America? Can you maybe talk about that?
Joe Dunsmore
Yes. Well, we didn't change the guidance or the range, so - and we typically, when we put a range out there, we typically are shooting for the midpoint. So I think it's fair for you to kind of look at us targeting towards the midpoint of that range and feeling very comfortable about meeting the current Street consensus and even more comfortable about meeting the EPS guidance on the Street.
John Vinh - Collins Stewart
Great, thank you. And then you talked a little bit about cellular/MaxStream. I was wondering if you could give us a little bit more color in terms of what you're seeing there? Is MaxStream tracking within expectations? Has it been tracking a little bit below or above at this point?
Joe Dunsmore
Yes, I'd say MaxStream demand is tracking pretty close to expectations. And it grew reasonably well last quarter. It grew about 16%, which was about what it grew the previous quarter. But in addition to that, we had demand over and above that and had some supply side constraints that affected the revenue a bit for the quarter. So we feel pretty good about demand. Started the quarter this quarter with a significant backlog and the quarter has been very strong from a MaxStream perspective. So feel real good about the momentum with the MaxStream business.
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