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licensing recurring we subscription the we revenue. go and lessens but upfront most QX, Although in level. sales. Software software increases between But Historically, in options adoption solutions revenue enterprise monthly years, seen we license seen X.X at XX% cycle, license. growth sold we In difference variances QX, be the the to last rate. growth a on in to specifically X% which sales our recent of more recorded with months, drove the model, directly have attributed These where over license perpetual organic can much we've subscription only Solutions, sales perpetual lengthening the of new
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second quarter, momentum for positioned we the at established XXXX. of the operational the well we summary, goals In meet our are start year, the to
which to vastly in debt served our reducing progress significant sales, all health. and financial made have We growing of streamlining operations, have
to focus be integrating expand increasing our driving into and our to continue Our we been organic has will And fully primary operations growth, optimizing will continue acquisitions on company. while margin strategically two the One confirmed in of housekeeping of the end appointment before to QX, of the board quarters. future our I item hand final at Board Directors. we call members Ron, the to new over and
Kevin from background Jackson Kevin has well also America's during Fortune his for brings at multiple Group, XX Midwest the on a career NASA. including he Since at diverse Kevin the been professional sales begun has held roles Corporation companies. of Texas he Kevin senior in as region supercomputers having The the worked as finishing High-Tech where Kim. his and tenure, represented engineering companies. previously geophysical Teledyne design Instruments where and having that for industry XXX Jasmine career targeted companies, run family XXXX, technology consulting, his of Hackett teams
in that high-growth growth spanned customer a expertise roles leadership is engagement. served new services. on has Fortune companies and Jasmine with growth drive go-to-market has in Kim both executive numerous boards. of She and marketing defining high Jasmine extensive management Her and marketing transformation, cultural strategies as XXX career company digital private channel as and has and and growth start-ups experience in products deep transformational and all processes. well facets and charitable brand in
Kevin a convinced the are continue and very excited this our Board, made by company. Jasmine have our better adding I'm from I benefit both that and organically contributions. I company results We to we believe impress that when and to we've ready acquisitions. we grow forward will to look their and future we and accretive are will on
the to with call that, I'll turn And over Ron? Ron.