the and start third XXXX me. I'll and impairment quarter everyone. exiting. our the a restructure, results excuse year assets XXXX some and In quarter integration, morning, excluding non-GAAP to guidance, with the continued highlights guidance of which commentary highlights basis, updated of guidance. third XXXX we our Good with execute are charges financial we our I'll financial sorry, full in line start the third with is that then -- provide quarter, Ken. I'm financial on on Thanks, our
additional provided XXXX guidance. we call, earnings detail related last to our During our
Specifically, in full midpoint we of operating guidance, full our estimated our full Using be was XX% revenue of year our recognized year revenue year fourth $X.XXX our income billion in and the XX% the of X.X% and operating margin, operating $XXX million. follows. to was third quarter was and million. exceeded we revenue, margin $XX.X Operating income we operating $XX income guidance X.X%, delivered delivered $XXX million, Revenue X.X%. margin delivered operating guidance we And was guidance as million, results quarter. guidance
operating midpoint I this quarter first lower with revenue guidance, at to third support of our and expenses planned business, incurred In licensing, X.X% a To sequential margin seasonal anticipate in sequential planned training, of quarter. we to a which and which the of related ramp half, XXXX's X.X%, step million quarter's the revenue the third $XXX The with a support cover in associated increase due updated in million, recruiting, our CMS fourth increased the than QX. shortly, $XX quarter. unprecedented growth, our we spend will management is up XX% is facilities line record-high
fourth revenue was year, confident that estimate will the revenue the details sufficiently XX.X% I'll non-GAAP acquired cover we now On the increased approximately over operating fourth within these last XX.X%. of our the to results. period XXXX growth. of XX.X% We million quarter ramp a standalone third margin which quarter in of same basis, quarter be are covered where expenses investment a $XXX
a positive $X.X had exchange revenue impact million. Foreign on of
income million prior revenue $XX.X operating to versus X% GAAP XX.X% the increased year. or last X.X% Our year, of over
impacted offset cost, and was foreign $X.X increased As investments exchange previously third to necessary acquisition-related partially impact. positive volume the and support indicated, operating the charges ramp quarter income in million by transition the in CMS by
attached period. non-GAAP Our reconciliation Consistent $X.XX integration in XXXX $X.XX GAAP to to non-GAAP is numbers are quarter, GAAP the financial third the comments prior-year the which and in quarter the to the basis, excludes impairment on restructure included that in EPS last in charges press XX% assets tables a exiting. of we my of our A the grew release. versus with remainder
year. increased $XX.X same of Operating growth revenue year. non-GAAP or X.X% period XX.X% income over XXXX X.X% the revenue the versus Of million and million $XXX period increased year over prior quarter is last organic. last revenue which, to acquired XX.X% is Third to X.X% X.X%
held loss sale assets period. wind This collectively which of third $X our of and excluded $XXX,XXX business. from million the for in $X.X in and a revenue second Avaya our non-GAAP $X.X quarter, sold quarter. CTS' in comprised loss the compares they results, Regarding prior are of operating down, million we revenue and to the year In million
business Middle marketing continue evaluate our platform our We to within our CSS segment. divesting digital East within for CGS consulting the and -- segment alternatives to
section Form Divestitures of available information Additional and Acquisitions is our XX-Q. on the
XXXX to bookings quarter. a portfolio. annualized $XXX increased million year-to-date solutions of bookings, $XXX to to and X% strategic, multimillion-dollar contract the increased which in business with integrated value of the across signings our XX% the increase pleased and $XX prior third in offerings transactions include continue year quarter compared quality million. We're to basis, New in million the On our
restructuring XXXX intangible third of Our the This XX.X% was assets reported tax U.S. year, due primarily impairments representing in which to the was up year-over-year. in on rate prior Capacity year. third the of from distribution in a million quarter income Capital charges prior the negative acquisition. expenditures basis sale. was the rate XXXX, and utilization XX% XXX quarter tax is in a along impacted in for normalized with the jurisdiction. was to third improvement the X.X% the the $XX.X were loss million restructure, Connextions reflects tax between by compares rate point third a The in quarter, XXXX. The the XX.X%, which increase held international and quarter $XX.X
distributions. capital Regarding
which board of dividend debt, quarter to a share $X.XX $XX.X CapEx, dividends. including net paid paid XX% was ended the This stock total in million. a we the since debt $XXX million October. We the declared over in per repurchases approximately $XX.X yet in XXXX, of million net and equating a third quarter, represents $XXX increase Our $XXX in position last end of dividend million cash million October The and in acquisitions, have past million debt $XX over the a months, distribution or invested increase X in the third represented year. with
Our compared was timing quarter cash restructure flow and Connextions-related including in collections from year. integration the million payments, in the to larger related $XX.X of primarily operations prior decline third the XXXX to $XX.X cost. the certain is million and The
from significantly in period. the was year million Year-to-date, X-month DSO year. to a XX period cash of quarter our to $XXX.X in XX last from compared Our third over days the increase prior operations increased XXXX $XXX.X flow XX% million, the same
not in execute the third in we did our M&A as increase pipeline, the share as Given any XX the quarter. over months well our current activity last buyback
the $XX.X the investment acquisition, repurchases for balancing, dividends allowance share continue The our utilize will Spanish resulting third organic finalized available In million. of capital We the board-approved $X.X business, value. million. of shareholder entity dissolution in to our gain and in maximize onetime quarter, a repurchases share remaining is we to
our prior the non-GAAP XX.X% XX% Turning grew and to on Connextions a related $XXX.X to are growth million our acquisitions. year which results, CMS' segment included which over basis. revenue presented Atelka quarter, to
in clients. was and organic X.X% rate diversified new Our geographies' across growth well verticals existing
of impact, foreign revenue we CMS planned premium prior a cost our of ramping at and revenue guidance. and slightly the of exceed With the between are the health we We XXXX, estimated organic million To income percentage restructure or or income to operating in exchange Connextions our prior positive points driving million. million in margins million. offset which the increases restructure end -- the in we $X modest XX.X% impact previously of to of now to integration In volumes, is XX range. seasonal including the our $XXX expect to estimate by million this incurred $XX recurring to regard investments exchange and XXXX care versus to And in X.X% was comprised million a at period. date, have and remaining the $XX we expensed Connextions in CMS' $XX regard anticipate $X to million. had the $X.X it margin. of quarter. million, low million With XXXX X.X% expect growth, CMS' XX revenue $XX.X operating operating excess be retail expect fourth year revenue positive operating Foreign acquisition. on $XX.X acquisition increase the
mentioned of $XX Motif, million over our accretive operating $XX estimated into purchase income. XX% integrated than CGS' be XXXX. million to more remaining will provides is segment. to agreement Ken million, doubled to CMS revenue be while We purchase the and in the Motif for which million to XX% paid As CMS and income to million $XX annually we of the declined yesterday, acquired operating $XX.X between for revenue add TeleTech company. XX.X% the year. sales to The prior approximately $X.X
shared, our we low are solution progress. in commitment improving Despite focus CGS rationalizing our and the was performance go-to-market on enhancing making for streamlining of XXXX platform our profit is cost our client the bit previously delivery As nonstrategic portfolio, a good fact relationships, that behind to platform. our plan,
growth optimization As for client those we diversity in and and size the pipeline, and experiencing particularly focus interest, sales solutions. profitability, The markets is acceleration on with and solutions advancing. opportunity for we greatest are marketing our
of with and along the operating in enable increased expect the of over prior while $XX to third quarter, business million, $XX.X performance meaningful quarter handful operating have revenue $X.X CGS' a income new X.X% income XX.X% in should of revenue which XXXX. million decreased bookings year-to-date year. million, the to approximately fourth We improved wins
experiencing mentioned, consecutive revenue of trends This platform includes business Ken and As X related services. are in growth record The quarters we record segment. CTS cloud-based for reported our quarter and bookings. demand favorable our third
while traction the decreased focused efficiencies operating quarters revenue capability. our increase in XXXX been attributable realized We've million, and align This CSS CSS' segment seeing average X improvement. services. streamlining our industry operating are to over focus enterprise partners, delivering from also that revenue, those increased We prioritize million with the also size CGS our to CTS better improvement more with synergies and and higher architecture in among clientele. of is an channel the prior reported technology, mix CMS, consecutive CTS X.X% we $X.X deal X.X% year. The on solution and as the to revenue income $XX.X Cisco-based talent practices to on strategy income and our portfolio create diversity
Additionally, of and demand management, CSS marketing we are integrated functions, our on end solutions our the initiatives. place product within management at product client front that focused
As capability CGS. transition, with of which including CTS, customer uptick we and in we integrated CMS opportunities the areas our can in are and processes, number CSS technologies make certain this an seeing modern in accelerating be deemphasizing more and practice engagement
required and continue as light see CSS of to refresh in in customer strategy of relevant. amount We Engagement as and a remain technology platform, to Humanify Customer for especially our asset experience clients our prospects Service a the critical
the staff. are XXXX and to expect returning revenue to weakness. our X with which third we CSS cleared the in ratios, material revenue cleared expense XXXX, first testing. process revenue of impairments and processes, improve journal and expect clear sufficiency year-end double-digit impairments, In with well. We entries, have to the increased date, operating its clear XXXX reconciliations, staff critical and in exited revenue margin. growth utilization quarter, volume, return a our of be conjunction cleared including sufficiency in competency with should see weaknesses, as X We Once and material positive to To and we the competency we impairments to
that and we It exiting. As our and outlook guidance. to that are included note it's assets that integration not Motif important impairment I in guidance, comment important restructuring remember is excludes our to is also on
of revenue as billion in and to We the follows, X.X% to operating We revenue estimated from expect from year $X.XXX in X.X%, X.X%. $X.XXX to XXXX. $X.X billion; capital million unchanged full up $X to down million range of between expenditures $X.XXX revenue of guidance $X revenue, in income guidance; from X.X% billion prior Motif contribute margin billion,
of full follows, total we using On of midpoint and Our XX%. tax basis performance a to and expect and revenue an estimated the OI; portfolio, a CTS, as unchanged and revenue of updated total revenue strategy XX% CMS meaningfully we full of total X% and solution XX% financial effective X% our X% X% performance. platforms of and differentiate XX% of OI; our total comprise of XX% year guidance, focus expand CGS, is CSS In of OI; year year full quarter, our on continued and OI. total of rate X% third on total our revenue total go-to-market the XXXX between and segment improve our to intense basis
did year. and increase the our the the to bookings guidance, our the Based prior of exclude revenue XX.X% midpoint on our grow revenue the fourth associated XX.X%, our grow increased volumes client-committed to and we when operating quarter. revenue in operating XXXX income estimate with ramp seasonal full Our costs as versus in year margin you
call portfolio, and and over growth Paul organic to provide geographic and expect the revenue in have back completed trend XXXX. turn us the continue now to solution this footprint product Additionally, acquisitions our made investments I'll the and profitability have management, to we client-based the we channels we marketing talent into
