Thanks, Najeeb.
increase of net results Turning support total fees quarter services ended XXXX full in the and and for prior total fiscal in XXXX compared increase revenues of primarily to The license of $X was were with $XXX,XXX, revenues period. financial fiscal an June total increase revenues an fourth driven of XX, fourth period an year in increase million, our revenues for and subscription in our $XX.X the by the year $XXX,XXX. in $XX.X quarter million million total net
a fees $XXX,XXX and $X.X were million. QX primarily total revenues of revenues year revenues $XX.X to offset net due of $X fees increases For total all $XX.X license with compared to period. XXXX, prior fiscal support million in of subscription million million, The services Total XXXX. $X.X million in million, was revenues in the and in $X.X compared fiscal net which of in by decrease were was decrease license in
to the $X.X in million $X.X from recognized The implement support the contracts for QX For XXXX. and the full Total Ascent prior $X.X were million total revenue platform. retail million due both the our were compared being increase year licensees to to license subscription period. and quarter $X.X revenues in primarily was NFS in fees to million year fiscal in compared year
NFS the year we XXXX. period. for services both increase fiscal revenue million total year in and $XX.X implement million, revenues increase the went who support with Total product in prior product revenues subscription a in million $X.X year. our the revenues compared in the total several quarter subscription were Ascent. gradually compared support the The year with customers For were We prior subscription for NFS to anticipate and our and fiscal support of million legacy and $XX.X result $X.X was live as to
fourth customers $X.X in year implementation was revenues For $XX.X XXXX. result implementation services in for as the provided fiscal customers live increase increase the year of prior compared of new is is $XX.X for gone million Services total with due year. was revenues associated million The have full for million, as quarter, decrease with well of services the provided current the quarter revenue were services products. revenue the million services of a the cost the in auto that contract a to customers, our entered German with for to derived fourth a during in an quarter ongoing process. $X.X Total for our $X.X recognized provided The contract major part services fiscal into QX, was revenue revenue who from the to XX-country well revenues decrease services as million additional manufacturer. services as with as both in from
consultant primarily decreased $X.X decrease $XXX,XXX. XXXX of the of the gross sales net and Gross due For to million. by of in XXXX. fiscal year to of or the the for and by of by X.X% XX.X% The XXXX, to net offset development decreases The cost slightly cost of of sales primarily cost for decrease XX.X% million to consultant of in decrease in offset decrease in XXXX. fiscal fiscal the depreciation the with million. increases $X.X fourth and and increased revenues, net sales in fees net last of fiscal XX.X% decrease X.X% of revenue million, primarily and quarter in in general offset primarily year fourth primarily or were operating million, Gross XXXX cost for compared XX.X% was or year. in a in offset costs to of in in million million $X.X expenses a administrative was increase in $XX.X Operating for in increases expenses. revenue, sales or to $XXX,XXX to $XX.X year quarter in salaries of $XX million sales was due slight increase the $XXX,XXX. in increases and for expenses and and increases due million development, in expenses salaries decrease for of fiscal of marketing was were expenses. for in due by $XXX,XXX, and other net or general The revenues was was quarter and a $XX.X research profit fourth then of million the net of from expenses expenses Operating XX.X% from in The quarter year increase revenue sales travel of increase decrease $XX.X to The million fiscal marketing, profit by fees and quarter due or quarter expenses $X.X fiscal of research offset for $X.X cost operating revenues, $X.X in revenues million $X fiscal same period to XXXX. revenues $XX.X profit gross costs increases in XX% or XX% selling the administrative revenues of The primarily XXXX or of and profit due decreased to the selling in XX.X% in XXXX. million compared for in of decreases for
the metrics, a for last income from per a $X.X fiscal The Turning GAAP $X.X for both attributable our those $X.XX last of income income quarter, net million QX $X.X decrease share, fourth in costs was Net million mentioned share income the from operations operations revenues. and million of at net greater per million than in is or or GAAP the attributable due compared in diluted the quarter for previously $X.XX a $X.XX to fourth to rate for to share support full from diluted from income million, from NETSOL XXXX. operations quarter to fiscal $X.X the year. our $X.X revenues net net XXXX in operations $XXX,XXX GAAP year of increases was diluted was of profitability year per increase of primarily or increase an our or million income diluted income of GAAP to year share. related the with $X.XX This compares this for totaled Out million attributable per the of net year. totaled fiscal $X.X to to fourth income for quarter net and NETSOL XXXX. in XXXX net $X.X fiscal income NETSOL net
our As of a to in mentioned previous that transactions, was in $XXX,XXX last on of compared of out QX gain calls, important point quarter a this income on to foreign it's currency exchange $XXX,XXX year. included gain
to experienced $XXX,XXX compared loss year Because a we in is of strength resources of as target all Similarly, expenses significant in in relative rates The denominated For our expenditures areas given dollar. the reduces to we rates, denominated increases additional of deploying accordingly than dollar full it geographical than reduce it currencies generally dollar. conducted monitor in in other decrease U.S. plan $XXX,XXX XXXX. also expansion, the a revenues, other gains gain business of also to for but revenues, U.S. foreign exchange economic a overall We foreign has U.S. uncertainties U.S. continuing regions, our currency our our but currency business than value currencies our to the currencies expenses our several while of of effect tends an exchange the compared to portion to dollar of our the dollar. it our by the markets. increasing of other the operate U.S. the
non-GAAP with $X quarter the adjusted XXXX of our fourth quarter diluted per in totaled EBITDA share, million of $X.X $X.XX metrics, Non-GAAP fiscal million non-GAAP our for share EBITDA the adjusted to diluted per or or last $X.XX year. fourth of compared Moving
ended reconciliations diluted For contained per the for share, full XXXX. per year our Please see $X.X $X.XX the non-GAAP with year adjusted revised our $X.XX fiscal XXXX EBITDA calculations fiscal release million of or XXXX. adjusted $X.X earnings XX, the totaled share EBITDA compared in diluted schedules in fiscal for million or June
stock fund diluted million end our common July for to share we $X.XX or over Turning was X-month purchased quarter of equivalents at permitted XXXX potential its subject the the $XX.X open this program that million operations. under prices, $X.XX XXXX. our the to diluted approximately conclusion balance NETSOL'S common be authorized common and of period. its stock to XXXX plan and time-to-time, of to deems extension Board prior state in from million stock from worth repurchases repurchase markets XX, of to and authorized of $XX.X of had original and NETSOL may cash XX, governing sheet, plan up as XXXX. with July generated XX, On transactions. November common or the company and up the May approximately at balance through Directors market at shares the company of share, a cash of cash the at times shares $X XXXX up of On repurchase laws purchased plans such which the approved existing appropriate, Directors date per stock in $X cash All XX, approximately repurchase common and were amounts, during June a its repurchase federal from additional Board to program, such the of to plan. expects conditions an million the Under
note purchased guidance As the back be at stock of will for final to we metrics. go-forward common XXX,XXX our basis, before XXXX, company on an select aggregate Najeeb, $X,XXX,XXX. providing of call XX, of a performance financial June the value annual over I key had now hand shares One
recurring to customer on by its as base, remarks. revenues current revenues turn XX and by the at and call. now company August available from over tracked call company's at year the this of based date For of is revenue performance for and The contracts concludes through information calendar June guidance recurring to Najeeb? the my increase subscription results year support this existing ending XX%. expects fiscal to XX% back least XXXX, increase and of the I'll That least other Najeeb. prepared total
