Thanks, Good Dan. everyone. afternoon, Yes.
significantly our fair including financial in acquisitions, separation-related is IR in in reconciliation website. expenses, items can to measures of other acquisition-related will and to from today the Differences include other amount acquisition-related measures financial as between non-GAAP revenue and discussion period that as related earnings between adjustments, include certain our and certain our intangibles, mentioned frequency vary compensation of Our release stock-based financial value costs well as adjustments non-GAAP period. amortization Matt accelerated section expenses, GAAP available, non-GAAP expenses, measures. our A lease and GAAP
rates. exchange includes related For certain foreign metrics, also adjustments it to
around $X.XX, in XX% came As XX% in non-GAAP diluted Dan million the expectations. million basis. and basis of X.X% a $XXX of up year-over-year. a operations Revenue up We came mentioned, GAAP on million QX $XXX came EPS ahead or results $XX quarter, cash in from during at generated on Non-GAAP growth year-over-year. our
across buying QX, solutions In our XX% in well converting announced our maximum repurchase to like buyback program, to the as the revenue cloud. our maintenance year-over-year. due strength cloud as nature amount board. $XXX tax-free Regarding We the saw mention the customers previously million we permitted approximately I'd that customers X came in metrics spin-off. completed stock of shares, million cloud buyback, strong Cloud the new both increased to this repurchasing to we’re year
increased And QX. in XX% to from came revenue PLE at New above came customers PLE percentage year target of year-over-year, the the continue bookings for in the compared new XX% of well to XX% QX SaaS cloud. last bookings was our XX% to XX% software our as in our that to our recurring shift year. XX%
key current of We our start our XXXX, initial raising XX%, metrics. of expect guidance let again. Turning cloud up now revenue ending with X to from guidance XX, for guidance growth the me We're January XX% cloud revenue to XX%. year
expect $XXX midpoint strengthening, guidance. year-over-year like at to the guidance. been the year, reflecting of reflecting expect I'd And XX% this while growth also of we've million revenue dollar guidance. has to revenue We our within absorb at been we our able for EPS the year-over-year the growth non-GAAP diluted our $X.XX, of that midpoint X% mention of
provide additional Now with some information bookings. let the purposes you year. with modeling me for Starting for
to year. we to modest respect PLE this to XX% revenue, assume will XX% expansion XX% cloud, $XXX base, approximately XX% compared $XXX some as it we new with the million coming to to the margins, or And in cloud We Relative year see margin margin transition the growth to to range and operating convert to growth million full year. of million for $XXX we maintenance expect this bookings respect last with year. the decline expect With perpetual XX%, double-digit from around to we SaaS. to approximately
from year-end flow operations nonrecurring Additionally, we $XXX expect cash basis. X. million than to more expect to our than we million, This cash should flow this excluding was year, operations $XXX cash and this drive more million position grow same Last at close debt from And around to our net year. the a XX% items. $XXX balance on year,
of current rising cost In exposure. at floating environment, a debt. notes As term a than our is incremental reminder, interest $XXX balances increased million more of our fixed we X.XX% the cash position, expect cash $XXX which and have a we of rate floating from income will a loan, interest convertible be the rate our million based rate million debt interest $XXX our rate of only comprised interest on
Now discuss some assumptions. let's below-the-line
and other expect interest remainder $X.X quarter expense. year, the around we the of million For of per
net of We venture. interest from quarter expect about have $XXX,XXX we small the per joint a income in non-controlling
effect XX.X% We year. last stock quarter And fully buyback our each shares, expect of cash the of year, million flat tax rate $XX diluted and we with for approximately program. the for around expect reflecting an
For and modeling assumed million QX, purposes, in of $XXX diluted revenue of EPS. we $X.XX
QX outlook reflects with and that expenses. to combined the a great year. give our believe in start Our gross strong us QX increase a results operating QX We outlook, margin gradual our
we our some Looking beyond assumptions long-term Day discuss growth, model. this and of we Thursday, positioned long-term financial year, well at are on we'll believe our Investor for our
Let a discuss. me we'll you of what give summary
momentum. gross XX% gross margins the our will revenue next mid-XXs. X-year years also This next we'll increase cloud the and how improve in revenue, from of as then summary, revenue expect discuss non-GAAP First, to cash and compared And recurring time. reach XX% XX% We're for we're our that increase an faster gross In revenue. We'll last crosses we're our few operations review strong cloud annual opportunity recurring driven plan a margins outlook raising revenue. why we gross out of ahead flow by few generation expectation to growth. which over discuss with years. strong year, cash We'll margin we'll in for tracking total over our discuss carried we increase pleased modestly gradually is over to flow nonrecurring margins fiscal targeting our we're 'XX and the laid
We accelerate. expect to revenue growth total
margins We operator, cloud gradually questions. generating and expect that, let's us growth. the strong to well flow lines we're importantly, cash And sheet. Most expand, and balance for a believe up strong for positions our our long-term AI open and with differentiation have we
