call. everyone Thank you, Jason, and to good the afternoon on
return double-digit we as was our exceptional very we services margins quarter EBITDA the professional quarter. the company acquisition revenue had on exceeded We by following upside mentioned, to our our Revenue as particularly sooner by all able this performance the Services. strong quarter services guidance pleased Business of were also third to subscription driven than adjusted well Jason As as were anticipated we an both metrics. revenue and performed in team
to third at and of specifically grew by million. $XX from including to grew Looking million Services, XX% services revenue for to subscription results revenue million, our grew total $XX.X XX% $X XX% revenue $XX.X the million professional revenue Business quarter,
All expectations exceeded our results of for QX. these
had Business of customer joint N a is that this to transitioning sequential Services a You versus large slightly basis a result and down the company Model transaction sequential N Jason earlier. is with transition revenue a would basis. This on might of of uptick multi-year discussed note new on customer, have QX. the that Revenue QX is pharma Model for slight was a that a This Adjusting the Business Services Business Cloud. revenue our Services
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XX, rate XXXX, XX June the was revenue XXX%. based ended net retention During our months dollar subscription for
has Over sales we realignment the consistently put as quarters, the has this to XXX% a few rolling improved the place. last range, in over in past strategic that years been the metric of several XXX% result
XX% XX% of Turning XX% revenue profit was for versus QX margin for was quarter. gross XX% gross million QX now to Non-GAAP gross again Non-GAAP of year, last last revenue a profitability for revenue professional or margin the XX% subscription third in Services. QX versus in XX% $XX.X gross was last margin services year. the in from Business versus Non-GAAP mix reflecting year.
previous we've has Services the Business year. from to on calls, margins dampening a As overall mix noted of compared gross revenue on last effect our had
However, both year for from I professional would the improvement gross QX note QX on margins this services. sequential subscription to and solid of
organic margin last a Business did comparable is subscription gross comment mid-XX% even remarkable non-GAAP Services margins quarter, this remains team. Professional to Our N margin the the Model in final of including non-GAAP team year gross Services XX%, that delivering on the range. job a gross levels One at
operate to continue can head reached not we industry due an that the QX deinvestments. we we from and for expected expect extraordinary team level accelerated see Operating into our QX management expenses this sustain you'll above than seasonally quarter the guidance. as slower in acquisition, do synergies well QX to overall, of smart were can averages, While and reflected in good that timing a cost lower
to for the XX% Business the our the of is year-over-year the back hit million, quarter which was we representing at guidance growth in of were to well of As $X.X end EBITDA and million. ahead Adjusted acquisition EBITDA high of margin a levels prior getting was Services. QX, result, of adjusted XX% $X.X
to we level, to this While work have EBITDA margins we to pleased strong at do double-digits see QX. back in sustain still some are
per share high Finally, of non-GAAP net end $X.XX the income of our per million was or $X.XX versus share. guidance $X.X
from operations was we $XXX.X Cash which quarter from the and Looking was of balance from $X.X and end $X.X during And in cash million from sheet up March. the million of equivalents, of revenue million flow, million end ended the cash deferred with up million, was $X.X QX $X.X the March. QX $XX.X year. last flow down current at million,
to due XX% primarily sequentially, QX. declined it timing revenue versus the of up transactions, deferred was current While a few year-over-year
million, XX% the performance year-over-year. representing year-over-year. Turning was RPO an to $XXX.X totaled of $XXX.X an obligations, Current total increase XX% million, increase remaining of balance or RPO
due of or RPO While I'd strong in may basis the seen quarterly for renewals, now RPO, fourth fluctuate for contract growth like quarter with lengths for outlook we you future metrics the and provides provide revenue. overall on to on which to a have our the better update year. timing guidance visibility
the over-performance We QX are reflects for QX. the an guidance improved which year, our increasing and outlook in for
the For do in EBITDA adjusted we fourth the margin sequentially, range. down remain be low expect quarter, double-digit to but
range expect $XX range revenue reflects the non-GAAP million $X.X based $XX.X overall, in and XX utilization a operating $XX.X to lower in well R&D million be the of total to million million, in count In levels subscription as for to $X.XX in seasonally of revenue diluted fully be of but we million, be be from approximately to some the to lower a investments range to to QX. range outlook non-GAAP improved fourth million, to Professional structure our million $X.X in EPS of Services share planned cost per on share to of Our summary, additional quarter, income $X.XX the as the shares. contribution due $XX
expected EBITDA $X.X be of $X the million. is to to adjusted Finally, range in
range For full expect in $XXX.X the to in to share income $X.XX count fiscal are million fully of a XXXX, raising total of million, to XX.X per the $XXX.X $X.XX million diluted million, range $XXX million, $XX.X in income based to non-GAAP revenue the million we $XX.XX of guidance range of and $XXX.X the non-GAAP now subscription the million revenue year range and our on shares. approximately operating in share of
EBITDA to of year, to $XX.X is the in million expected be million. the For adjusted $XX.X range
current fine-tune are fiscal forecast out year year, to fiscal As our profitable next The which you for we this expectations between mix year. we of 'XX, today. would be professional consensus the EBITDA. services the close total growth, we are Further, prevailing guidance for of will where this comparable we are one our we comfortable for Overall, revenue where in with financial and to subscription results to are adjusted out strategy beginning year. and and revenue are be expect seeing closing
making over results. executing our many long-term on guidance now cadence on normal the largest the To are now SaaS setting summarize, ourselves for the well growth. our the formal for operator more we're we provide following with QX of any move will questions. We call very I'll up to and transitions customers subscription revenue turn Operator?
