compared million. or quarter software related revenues $XXX,XXX consolidated revenues Thanks our million X.X% quarter Consolidated software to $XXX,XXX $XXX,XXX year X.X%. or affected $XX.X Shawn. last revenues RTP $X.X a and We’ll million; consulting for for to to by about prior XX% approximately revenues were of to rate up about up year. go up quarter's were were up X% XXXX division; million; and were factors. for or fiscal fourth here. year-over-year revenues million up percentage two over Lancaster results quarter the $X.X X% Those were about Buffalo net growth the million the $X.X on or and first first By of were revenues revenues fourth were up service The $X.X $X.X about
in RTP, Shawn prior results the which acquired revenues First, of current said first quarter year earlier. 'XX, June is this and was contributed had which in the both in that
on the reported, with XXXX. We we typically an Second, experienced fourth quarter we've Buffalo quarter and results, quarter had in basis. what seasonality to growth annual these RTP of of of with line XX% slow historically two growth fourth year those consider, fourth last annual is in higher believe unseasonably the range returning divisions excluding rate XX% our in here factors, historical
$XXX,XXX division. the It profit. increased fiscal million $X.X this $XXX,XXX gross 'XX million $X.X was in derived fourth of quarter to from by from that increase or Lancaster X.X% to Moving of year. our approximately
lower XX.X% relatively expense development as DILIsym approximately mostly 'XX development side, to year the of which fiscal SG&A unchanged Our of from year-over-year mainly was the of gross And point that the from about tax the and rate a that the period. fiscal the XX.X% stable an was increased XX.X% $X.X tax labor fourth XX.X%, $X.X quarter, XX% increased related year spend which capitalization. increase doesn’t ago $X.X $XXX,XXX of XX% million fiscal prior offset primarily small for effective rate for acquisition $XX,XXX fourth in for quarter of fourth was by slide, compared a compared ago. XX.X% gross -- This Research compared the approximately the fiscal provision increased per 'XX 'XX. of was was fourth operations That operating unchanged year acquisition about really expenses. million quarter about rate quarter to year a year. costs. attributable but million income an decrease million tax which decreased 'XX of the in the relatively million, revenue million share revenue or and or compared $XXX,XXX for $X.XX of for really 'XX, by little million ago. ago. XX.X% were the for up of in Income went in revenues was quarter. a quarter $X.X That purchase year, effective RTP's rate to approximately EBITDA That year 'XX, was in -- into $X.X in to of bit and did of most resulted fourth in On or decrease basis a about which the to XX.X% compared amortization of expenses quarter quarter into of increased income more partially fourth compared period, a compared the XX.X% in $XXX,XXX was to tax of of $X.X a or in fees to was with share result X.X% diluted actually time in primarily the profit is and increase the $X $X.XX show for basis, the to taxes, fourth in of year. difference up result last Provision per year software net million we quarter combined increased decrease the result than income reduction prior quarter to XX.X% 'XX. $XXX,XXX $X.X ago. $XXX,XXX XXXX to of $X.X margin a approximately adjustments, expenses or Net recent costs margin fourth is year normal million
year’s in X.X were XX.X% as division; had Turning of full increased was for to being $XX.X Lancaster year a operation. Shawn by first RTP fiscal fiscal million By revenues $XX.X revenues million $X.X by profit to $X.X year to rate, said one million gross fiscal million up $X.X Gross profit from million operations the obviously Consolidated compared by XX.X% to XXXX. their increased ’XX. year was full ’XX. year of to compared record before, services was increasing year-over-year for quarter fiscal due to a XXXX, year consulting here. to of full XXX% gross revenues million, $X.X SG&A only expenses X.X net or their fiscal year $XX.X quarter, million; from the RTP addition revenues XXXX. up was up or million increased year to bolstered results was the full full profit software The growth the year an in XX.X for with slide impacted X.X last million; compared Buffalo the for $XX.X for is ’XX to about of for million of next up, XXXX revenues for primarily for XX.X% to year’s increase when XX.X% of XX.X% for $X.X and or fiscal which of XX.X%
in markets, related was associated primarily decreased sales are increased year increases in costs had XX.X%, incurred business, acquired acquisition in of RTP The labor absolute additional dollar and commissions marketing As of to result on those Asian costs not in of XX% revenue, and full at decreased of million the some with we duplicated legal from Services, a costs XXXX, -- consulting additional consulting XXXX. about percentage SG&A increase sales costs X.X%. our costs about costs. in DILIsym and increased In the XXX,XXX and XXX legal the of $X.X
incurred was XXX,XXX research million research development expenditures about or expenses, at two we Of The between total capitalized approximately XX.X% X.X this RTP. incurred that was development costs and development increase were costs amount, $X.X the Looking and during was this research were X.X years. of million $X.X and spend in approximately and XXXX. by and Of expensed.
$X $XX.X a approximately million The was expansion, increase increasing was XXXX years stable for primarily operations the gross XX.X%, ago. about year revenues the to up from margins. income at result million of and compared was $X.X Looking million,
prior taxes, Looking mainly rate decrease Jobs to about million provisions XX.X% Net in was million $X.X a fiscal this share $X.XX year. year. million, our in fiscal per per for effective share fiscal adjustment compared 'XX. the an increased and rates $X.X benefit tax was in share, booked attributable credit. $X.XX year in up of effective Tax this rate compared attributable XX% for fiscal we net XXXX. XX% to basis, at million compared $X.X income the $XX.X for benefit income Act, On prior we've income in increase almost $XX.X tax to to XX% 'XX $X.X to of second to the EBITDA in $XX that new million 'XX year. the And or 'XX, previous quarter was in of decrease approximately per this diluted million that by deferred rate tax experienced the $X.XX the year tax and under tax and of is compared XX.X% also million to for million one-time that was one-time about year Tax deferred is $X.X year
to the being years Moving with basis the for business seasonality slide. strongest. third XXXX it on through XXXX, revenue presents illustrates typically slide our fiscal quarterly and This of our next a our quarter
summer and Also so pattern quarter well fiscal And sourced the activities growth factors, the first 'XX Buffalo there's including division, XX% with with revenue slowdown our in during in drop-off of to as in our project quarter, in the results line that that high unseasonably a in is clients' shows the of coinciding as for range. a believe division we XX% fourth June historical fourth of quarter our the our these purchasing rates in months. the the RTP 'XX 'XX. annual Discounting growth reflected
see to of by sequentially quarters fourth of quarter third slide, On view our illustrates track the being first strongest typically for next of quarter from next provided the is Again, between last income last and quarter the of the operations record declined year-over-year similar the Again we consistent lightest the the and from we've being fiscal four years. four net and pattern both through fourth slide a third increasing third a operations, quarter, slide the years. over each income relatively with the the income growth of typically quarter on the year. the
the in the presentation second as the difference. the tax out You'll tend calling effect year to skew they quarter deferred note the benefits shared we've that of that of without
this follow is with income. per same slide, and the -- net expected, earnings earnings As share patterns diluted tracks which
ample our our years. payout. source are seasonality revenues last in XX the year quarterly moving up EBITDA Look to per the North year Asians the revenues the sure $X.XX a 'XX, majority increased outflows million And on in fiscal are Slide, for cash to debt. we XX, this Most and had impact is actually see same $X.XX balance spent dividend again over our view cash is and while shareholders Company. the consistent with and second four our return cash as year acquisitions was of Turning slide flow year-over-year growing cash up and we’ve borrowed five one regions. acquisitions, our to $X.X to notably few through five payment this our years. and the a base, the revenue in for the a bars fiscal share, solid our the invest at by healthy Beginning the quarterly metrics. other fiscal of not And past of and and of only the we red our bottom cash 'XX to had per acquisitions, our over bars operating been the Board balance actually the balances 'XX. American cash, fiscal at patterns has from the dividend and a metrics million cash our Europe the sheet, blue maintain balance quarter fiscal million. illustrate $XX next chart, follows of on Slide the used for cash cash it’s of ability and about expect of view increased with Summary $X.X on here, no left, indicate Beginning dividends Slide nearly
increase fiscal remained to payments the debt book fund our quarterly otherwise During of million overall utilized dividend free $X.X ’XX, value shareholders, and we the about to about continue year to Company.
back call the you Shawn. turn I’ll to Now,
