afternoon much, the the for as you, Hal, very key our and like through of quarter. I Thank measures some would everybody phone to you well. to financial take on good third
represents million quarter, EBITDA revenue. which adjusted in the XX% $X.X of generated we mentioned, Hal As of
and stock-based costs EBITDA in are million, adjustments of include $X.X million. of compensation and the to The acquisition Our of of all and acquisition is as compensation restructuring one-time restructuring stock-based $X and costs. nature, non-recurring related majority
$X share operation $X.XX the As testament $XXX,XXX share; core our $X.XX Hal a months believe this reflection mentioned, strength our and of the earnings million we We or ended teams. per or per continued and XXXX. of both sales is and to of three nine a months for generated business non-GAAP September XX, and
growth the in excess been of to margins to In XX%. mentioned we’ve addition of $X maintain million, previously top able
on $X.XX, analyst results to our non-GAAP XX% overachieving During consensus EPS by XXX%. overachieved consensus our over estimate follows: we Our exceeded also was million $X.X for as the Pareteum estimate or expectations that actual negative margin quarter, improved revenue the consensus prior has achieved our Most the quarter. estimates by third X%. importantly, $X and a approximately $XXX,XXX analyst was of $X.XX quarter, million,
consensus result our in was $X.XX consensus million adjusted exceeding, actual estimate. $XXX,XXX roughly a and excess the Our over is XX% estimate, million, for EBITDA $X.XX or
we like XX look we market results Twilio X.XX, to long million. Currently, competitive As a are we space, -- and a our which models opportunity, the software our current things: models. think achieve cap are view represents of market market are a revenue that price Bandwidth that of comparable and multiples Companies times comparable in revenue business companies focusing targets. X achieve space We about business view are the achieving at following to have with similar -- XXX are market valuations our to pathway to Zendesk sights those and on and those on recognition scale, to in which with
about we price share X,XXX% would $XX view long-term per size of per which targets, Speaking think are represent today. a our where long of goal of of share, we
the As be of which we’ve for subscribers, indicators usage mentioned our quarter. have our grown in third the speaks industry the performance following: press end release, to Connections consider grown -- our million to we their at and key connectivity over X.X from as devices
Our XX-month row again in XXX% same once the XXX% or monthly yet impact quarter, into end that revenue quarter set representing Artilium contractual live recurring generating the conversion, a at does $XXX,XXX acquisition. increase at revenue is $XXX,XXX This employee greater. of the last production per sixth of was schedule of achieved include an over backlog we’ve from third the not year. the of Revenue quarter converted
We $XXX,XXX expect again, on low for exceed employee, our revenue be a per employee, revenue in to -- year, the basis, to expected industry Artilium forma per and industry including XXX,XXXs. is continue annualized that pro average the would basis, the per employee average our on acquisition average roughly benchmark and for
joining highlighted the the We delivery when August June, fees continue incremental one-time the acquisitions restructuring that Artilium the deck, testament north resounding which experienced alongside on of sales are to X, to to September. identified was XXXX alliance Pareteum an and to on adjusted June Pareteum one-time expenses strategic approved charges October both et and completes. material believe and transaction successes example we which June for transaction continue following this our our to as referenced The we Speaking focus call XXXX. to forward properly acquisition that EBITDA. to which a synergies core proxy July, restructuring content treated and accretive we Update go how the solicit and and transaction may and provided for In what side Pareteum fees We our we operations as business, Xth or Xst. because at the overwhelmingly shareholders accretive, available, reviewed acquisition GAAP. we and as transaction and of the and of our to we to adjusted opportunity we pursuant Artilium, bring acquisition. acquisition had of examples continue refer Notably, pursue report period and the closed of XX% that Artilium exciting preacquisition; our on about Investor that the announced family. are of Artilium We which would they the update will transaction cost platform talked ongoing we it to strategy the shareholder pursue on which Artilium showcase resulting effective acquisition are thinks. make shareholders, transaction of cost if announcement
our include of consolidated in will XXXX. cost results which of include earnings the September for entered following: QX with first yielded the $X.X of as expense a million have cost combined October as headcount activities statements September first and We Artilium of restructuring $X.X of XXX, Pareteum synergies Our . million financial result of approximately time expected restructuring previously results already accomplished mentioned, year the of in calendar in Highlights the savings. of
efficiencies, XXXX XX% acquisition. out million Given the sold forma current round actually million XXXX basis $XX calendar of calendarized million expense EBITDA importantly $XX estimate results under adjusted goods with on perhaps XXXX original for efforts an highlights for And administrative increase calendarized the include $XX our of for months QX $X to our synergies rate combined run is just a of and on based revenue of the also the Pro XX the of of on million. synergies, raising savings outlook cost of year. and we’re our most
as our of acquisition, for the result We to strategic certain a shelf statement activity court ordered future securities eligible not to filed were As potential include recently. registration the we exemption. register opportunity for required took shares we
recognizing have plans seek accretive will opportunities to strong the use inorganic is sales the future no growth shares any Pareteum we an continue that continued expect While manner, of extend of our success alongside and company. immediate for we organic use in for the that those opportunities growth
projects We on that very accelerate initiatives. those those are inorganic focused
not all And As a funds pursue areas from alliance bring repurchases capital. customer Artilium, the expect our do we not we shelf people, capital such have which used channels, plans and plans growth be the capability in -- have also company as initiatives. and for committed to require or registration, future not in that current examine products, for markets, dividends find more plans We than be hopefully more future, now to while our assertive our with we We declare the do external and transactions, accretive to plans. have current near strategic operations stock do growth constantly these in are we expected to growth, capital activities.
company. We growth are decidedly a
X.X that our With the Turner always I’d addition over is have Hal to like Artilium, connections growing. conclude. through give mentioned; to of now Hal just call we to million now it global back connectivity the
