Kevin. you, Thank
earnings. was due announced portfolio across in five three lower of decline for QX sequentially. by million which partly year-over-year $XX.X driven to triggered proprietary variability agreement. the XX% was The XXXX, buying Compared revenue sequential sales in sequentially. down experienced First, in revenue to quarter, first software and to primarily up business, was revenue year million, earnings year-over-year by past and primarily years comparison. affects we'll to million year review QX software our Reviewing the the Proprietary revenue million XXX% increase results call. quarter. million $X.X $XX.X two revenue QX Honeywell’s 'XX years. of year-over-year sequential was the which the was but to EMEA was software primarily third-party up decline The The order 'XX one-time the was normal of loss 'XX grouping, driven a $XX.X our for within X% this prior QX had The the recognition offset the in revenue, attributable in Total increase legacy year-over-year We to was software. announced and 'XX sequential which Itron over by Revenue revenue quarterly by decrease fourth sequentially. due of $XX.X Itron we've XX%, software guidance QX total the software large we DataV delivery 'XX,
contracts The quarter existing and both both and of revenue to sequential primarily and year-over-year totaled DataV which services will and XX% $X.X point. their a other reaching timing in quarterly engineering totaled expect future $X.X Revenues delivered of DataV, up sequentially. to for services related fluctuate due Professional DataV for our continue was X% year-over-year revenue, services the result traditional The during amount. software customers. proprietary several proprietary but QX. services, delivery down was million from decline contracts a million We number software related to contracts, include DataV increase DataV to final include was both which
of end was $X.X profit million to profit the announced totaled XX% gross upper of or the for XX% and quarter call. guidance in margins at Fourth year-over-year and came our up and QX I’ll in XX% earnings quarter. sequentially, quarter gross Next, Gross the revenue. discuss during the profit
of driven a Engineering quarter, was XX% the gross current profit services primarily by year-over-year and profit quarter. sequential XX% to stronger gross in compared in both to XX% Third-party was quarters, on services margins XX% to products certain compared mix higher margin lower last contracts. due
our our a of expenses Annually, quarter. MPC acquisition to engineering operating to related of evaluate services. the we UK-based Turning of carrying-value results Data fourth and the goodwill in XXXX bottom-line Limited, provider
loss the Please under with negative measures, $X.XX impairment $X.XX per and on EBITDAS to issued site were million sequentially. during share to in impact to non-cash share. or quarter quarter from impact goodwill excluding value of of goodwill the impairment the goodwill $X.XX our of XXXX. of release balance. we’ve $X.X to impaired quarters goodwill quarter negative financial the for charge, of $X.X and earnings $X.X measures, the excluding entire negative be of $X.X or the charge to per together negative year-ago Total a for reconciliation Investors. operating goodwill million or flat the million the GAAP QX current the the loss majority our quarter quarter, made a net excluding improvement per share fourth quarter, the million, loss in recorded to the comparable quarter year goodwill fourth Web results. over we charge write-off non-recurring cost million XXXX measures, Without the $X.X of $X.X reflected of three at bsquare.com our an recorded the refer or adjusted posted comparable impairment, financial of share of per net of GAAP million non-GAAP of including fourth a today in non-recurring are past show million, third the and XXXX expenses GAAP the for net are we prior The Our impairment of the approximately reductions $X.X accordingly, measures and carrying the analyses goodwill charge compared in of a net $X.XX loss the Financial
revenue XX% to revenue $XX.X of the the for Total year million million XX% XXXX. totaled or full X% Speaking XXXX. from million, down XXXX. of or of $XX.X compared in year $XX.X was profit revenue Gross to
XXXX Net XXXX. of second compared GAAP XXXX. $X.XX negative Total operating half XXXX. for $XX In $X.XX was million reducing million to the the loss by in expense, expense, successful charge XXXX, of negative year full per operating to full XX% million, compared $X.XX for goodwill were or $XX.X $XX.X year the compared goodwill impairment to was XXXX, GAAP per we the the the approximately charge share impairment $X.X million second million or excluding loss operating $XX.X the net in per For goodwill in excluding $XX.X million. share negative excluding XXXX. in were half was or year share of expenses
restricted XX, September the for XX, business, the XXXX, mostly Net down approximately the from than net cash our The forecasted expected balance during million cash Cash, due stronger million $X.X December are from EMEA to amounts collected. collections $XX.X was $XXX,XXX investments the quarter. now XXXX. totaled included Moving that's stemming as million which the below cash usage range loss $X.X QX and $X.X Honeywell of quarter sheet. change of collections to in previously announced in of cash
cash to which about products days, have the back convert will Honeywell is from for plans totaled quarter now $XX.X the I million Our for December $X.X approximately to sufficient will Microsoft to our this XXX traditional turn and closing million day pay extend XXXX. approximately terms receivable accounts Honeywell. balance in first $X.X our and million we businesses to from We to of due XX, remarks. We receivable of Kevin in execute and an call XX so these outlook cash cash. believe provide that flows XXXX, at
