Okay, Joe. Thanks call e-signature in business resulted quarter in on the for guidance here Good QX banking Thanks, record as great. revenue uncertainty, stronger early related growth Thank The fourth in joining QX to strong mobile in you. last us everybody. Improving urgent provided address and given for we recurring afternoon, revenue and than bookings today. slowdown continued the contracts of security our customers material forecast demand reflected pandemic. FY'XX and in quarter. a the solutions issues
we rates pipeline progressed, with more sales saw engagement normal customer sales and quarter the levels return As closure improved to flow.
XXXX outlook will progress I for recurring of further turn of Now to year the I becoming why and toward goal growing profitable and reasons expect a a centric company. revenue fast it to be our
ARR strategies our growth performance. of working, in insight contracts grew give ARR to First, additional year-over-year of our XX% XXXX to ARR term-based you growth into that our and specific subscription demonstrates XX%. are excess
more revenue the Second, year, driven XX% PSDX QX year. grew the than of on and were fourth bookings than levels on Bookings and for QX par quarter XX%. sequentially, total booking strong recurring last increased with it contracts by more
is and planned. and our margin faster high revenue services progressing solutions streams recurring Third, to transition than
pandemic, is year. summer globally year. most offerings. consumer churn, and XX% many a and more branch and reduce toward new levels for XX% banks trend openings for or operations services the revenues accounted account demand and because around key openings closed to last expect of a the security Software of for substantially economy total the world, the banks the in new global record normal for and fall, which revenue we software the or account revenue total reminder fourth And drivers compared Recurring in to for software early and mobile XX% and restricted of hardware XX% as the accounted record our services recovers, quarter quarter
branches of the many world So in remain parts closed.
of XXXX. that and significant software year pipeline We increased Bookings sales banks had hardware by have of pipeline, services the seeing strongest of the our end operations progress through both had mobile present in their And and adjusting finally, the their security our for quarter circumstances. our made value software opportunity XX% the for QX. and
banking a authentication mobile Europe strong highlights occurred that are and automated device shielding such to threats scale. of money. malware detection emulator can during me that steal at which discuss of was of are risks and attacks. identifiers, accessing security, to targeted including solutions a increasingly attacks factors there from specific a device By let emulators thousands criminal our executed solutions. U.S. second be millions In using that bank This This intercept designed quarter, and the importance and mobile this of transactions, December, fourth to hackers the mobile process multi-factor the online application Now to cybersecurity layered attack banking successfully of security to initiate attacks be devices, mitigated. steal the like in approach spoof mobile accounts using enabled attack prevent now network authentication can methodologies, automate OneSpan of becoming dollars. the accounts, underscores mobile
expectations. digits of product provide risk authentication manufacturing update assign quarter, increase An additional over maintain hardware's the to market. forward line Mark, I single business benefits to to and initial in bookings, profitability revenue early turn including realigning Before plans while with the relocating rationalization, noted hardware want to us line were in an develop. on you will to Last line. moderate lead rate effort our you come the innovation takes in from product streamlining Mark? that I comments back some I time combined gives levels. our and before of and the an call good on through We're also streamlining, hardware increase to decline of QX call in we assessing match provide pipeline executive update a our sequential continue lower some along with to I'll designed After Mark our this the confidence our the Southern this with as revenue reduce XXXX. update focus to Europe area China opening stages on somewhere token that to for We'll questions. progress financials, outlook the of areas, at product an on targeted to XX%, market making sustain in and operations and position operational We're of revenue to
