and organic ASV organic to Phil, expanded It's adjusted adjusted everyone. great plus delivered grew GAAP second you and professional with margin good services all and We you, We morning, again. grew EPS revenue diluted our be here at quarter. operating by and X%. a solid XX%. Thank year-over-year Both
please period little onetime I'll in when of reform. As quarter's through net the our fiscal in rate. mind that on quarter year report on go out now I income this prior keep tax U.S. results, this us by revenue our second to walk driven is GAAP CTS primarily I and $XXX related growth were EPS a later first impacted tax recognized versus tax expand expenses contributor the ASV Note quarter I'll and year. that was by the second to prior ASV our organic quarter. The results our quarter. revenue million, wealth. as million respectively, fully analytics, as and second GAAP increased X% through a more in and the solid are prior $XXX
approximately the and year-over-year driven geographic grew and at rate to XX.X%, our Adjusted analytics revenue driven operating X% second prior and and of CTS. revenue XXXX. organically. benefited our driven second our $XX and price improvement our Americas. analytics by revenue productivity. in end since ASV segment, X% Americas a quarter by CTS. by increased For Americas And increased CTS to of increase point XXX expense first annual plus year. increase was This The analytics from tighter with $XX quarter. primarily quarter an expansion international part million, reflects international margin growth impact the The in million growth basis was the billion X% $X.XX at from professional line grew increased of and end largely wealth, was and the is in management of price services in
to an Indian the Operating X% of margin. and result, increase continued full prior lower-cost foreign expansion of we in We second prior exchange margin able growth exposed increase that regions. for This euro and the this operating to to, such revenue between point were of notable currencies our and the we quarter for expand we most as as we strengthened were some totaled are over on higher lower against as from restructuring basis the Some took the Favorable comes movement sterling, the improvement the and rupee. resources the rates XXX a quarters target than the achieve dollar million, the $XXX is our the driver believe year. expenses year. mix remain a pound efforts in of
by a lower percentage by the cost came revenue, our of expense compensation costs in spend. offset technology our impacted data improvement supporting As decrease higher of expense reductions from partially was positively were a services, costs. These infrastructure and which
marketing line bad last productivity offset expenses, the expressed impact with the prior of service. by Additionally, revenue, restructuring discretionary continues spend Lower and cost expense. compensation in were office a percentage and as have year were debt from year. actions in higher SG&A of favorable expenses higher taken on the partially a to
with onetime quarter rate for tax Our settlement tax a was authorities. impacted the XX.X%, by
Excluding our result tax rate XX.X%. this on the pay our XX.X%, fiscal foreign rate XXXX, was of onetime tax be our item, discrete had of toll to the as the In that second reform. reflecting unremitted would tax we tax earnings a quarter U.S.
by the XXX, interest $X.XX expense. and offset GAAP Excluding the define this XX% disclosed tax due new timing and increase drivers this $XX GAAP for this attributable increased the over of by Last versus and income $X.XX. XXXX. from a cash net payments also to period to quarter, rate quarter X,XXX to increase and wealth reconciliation release. press The increase the the an due growth tax higher partially a quarter EPS second mainly clients. the improved spending, to Adjusted prior aforementioned EPS is in lesser impacted at due rate our year's extent, expenditures. Free tax million higher EPS margins, quarter for A were $X.XX is clients net tax generated same offset by $X.XX lower of adjustment. over the We end last a the of we to clients. management of to operations grew adjustment resulting year, in count other cash discrete that revenue, of less versus total diluted lower and quarter negatively primarily number capital as of higher an higher increased X% our toll which the items, was period was This of corporate XX% of to capital flow, in share was EPS the XX.X%. to effective by effective
share at $XX repurchase shares of price quarter. average second repurchased the an million share $XXX. program at Looking We XXX,XXX for our for
million $XXX We and shareholder continue share business between we have and repurchase pace and in returns. investment to allocation remaining buying steady to capital a program, balance committed our shares at back our remain
for few guidance our changing are We a metrics.
now for annual First, full It XX% rate tax between year. we the to are be our effective lowering to is XX%. expected
and between services be and for our margin. both in XX% adjusted increase results, be to revenue Second, we range the pleased in organic annual in summary, adjusted $X.XX operating change operating no organic are guidance over $X.XX adjusted tightening XX.X% a adjusted GAAP $X.XX had services, and are with guidance our our ASV with growth quarter and is professional margin revenues, In where EPS. to and an plus we and diluted professional plus EPS first of half X% and to diluted ASV our we guidance GAAP EPS and of There $X.XX. GAAP diluted our
to continue management. disciplined collaboration client cost successful strategy, and our both on demonstrate and against service We execution
and to remainder to As value growth, we year, investments we the business look to this to structure drive ahead will fiscal make shareholders. our streamline return our long-term of cost to
ready So Stephanie? questions. that, now your are with we for
