comments required to rules these standard that by for you revenue as method year, thank us quick recast accounting last and XXX first made some retrospective to formally prior of our revenue and call from The ASC new referred XXX adopted everybody, us joining beginning last year's that quarter afternoon, full the Good for I the standard became new effective Okay. and using retrospectively. reminder new at earnings the i.e. A quarter. call. applying we
adjusted we revenue And prior put in So, the earnings comparisons those make numbers that numbers. recasted comments shows release in we table FY XXX included year during today, a any revenue by XXX to I that under to as quarter. out today, are my reference XXXX
that will hopefully So, be helpful.
results, line are above the little was had year revenue So, quarter. did that that, in this QX was QX $XXX which included a in last that licensing the products in was projections a million, million, million and million our was and we of Within was recovery was revenue while quarter $XXX expectations, Total not for large than the $XX licensing of here XXXX, with the revenue in repeat QX. of $XX $XXX total services mobile FY million. which year's more in first
trends So, that licensing saw revenue let's markets we review end in the serve. the in that we
increase was other saw driven bars we reduced sound was higher the this year-over-year revenue total significantly was theater XXXX instance mobile was first sequential DMAs, quite to first the where XX% by QX, and quarter. large XX%. due of recoveries represented sequential by and revenue. the in recoveries, recast, licensing timing because Licensing sequentially, of lower Broadcast lower the year-over-year higher recoveries bars, the First, this an increased seasonally On electronics about approximately seasonally and basis, quarter. about of in higher represented trend. lower were X% The and sound offset partially revenue. licensing which a sequential TV first down the revenues of sequentially represented percentage area X% the market reflecting about DMAs about XX% broadcast. total by in Consumer growth this and about and Mobile by by total by in impacts about quarter XX% X% broadcast partially offset Year-over-year in volume from number home devices and licensing down was products.
QX, by due XX% recoveries. XXXX represented little other was comparable around over is to in as aside set contract. large the total to by of PC of was primarily to XX% year-over-year about I lower or increased Year-over-year ASP mobile well QX. Licensing So, now primarily mix and if was from as the due down a due mobile under timing to markets lower revenue about and about business XX% driven QX licensing XX% impact recast, in recovery up XX% XX% cases, the repeat first sequentially this about year's They total from down last both higher didn't higher were was quarter. in by PC about we driven was Cinema. quarter. got of XX% year Dolby In auto in in revenue recoveries represented about that in and licensing this the about QX. by X% and sequentially the PC first the gaining year-over-year. increase
had product or and over Products along will was QX QX arrangements not that in committed largely Dolby accounted and any Dolby products materially share with paid accounted as also for be amounts percentage was in by affected that of of QX revenue. So have and by for upfront driven are products services $XX.X the and products ongoing in office The And QX million Voice percentage compared products. in in were licensing last million sales Cinema prior as to revenue services year's XXX the upfront services, share growth licensing. that's in box the in and million $XX.X $XX.X time. year box fixed and growth cinema and we recast. amounts, office, The in numbers the
this overall that and but of recapping million quarter, last plus. and to gaming didn't factor and was electronics QX Cinema, large stepping than in year's $XXX of we year at back year's Dolby consumer for and this finish mobile So, $XXX the more QX, million included that QX a offset recovery million. $XX grew that have revenue in the We
XX.X% quarter a basis Total Products margin margins on a was So in XX.X% on QX. let's onto services first products And in in QX. on move first services XX.X% basis. XX.X% to and margin XX.X% gross the operating to margins compared quarter on compared a expenses. was GAAP XX.X% gross in gap non-GAAP basis and non-GAAP in quarter was the basis the and gross and first a
QX a just QX And $X.XX non-GAAP share compared to on to last or discrete $XXX of last of in GAAP the per include on quarter $XX.X a income compared QX. note US income for per $XXX.X million quarter. on the of million $XXX.X or to on compared was tax of XX.X% rate million $XXX.X or non-GAAP revenue million taxes GAAP Operating GAAP that in a million in million to million million million compared first first in operating $XX.X was revenue XX.X% of million million in Our to Operating fourth on revenue was net XX.X%. of Net tax tax XX.X% a the diluted in year. $XX basis results to $X.XX did revenue reform. year's which $XX million a last was share basis Income the a of $XXX.X was loss in or or in of QX diluted or the quarter. XX.X% year's includes in basis Operating QX were of a in US in $XX relating income $XX.X were fourth QX GAAP And benefit last basis charge basis year. $XX.X reform. expenses QX tax income quarter compared million, on first basis to $XXX.X non-GAAP a expenses the quarter credits a
the basis year. was that a of share to on million $X.XX income last non-GAAP net per or in diluted $XX.X So, diluted per quarter in compared share or $XX.X first million $X.XX QX and
investments. cash $XXX from million first in common of quarter $XX $X.X stock generated and authorization bought We over available. X.X with our quarter operations with cash about QX repurchase about of and we still million stock the in in million quarter back the During the ended and ended shares billion
February cash We record $X.XX XX, will also February per be XXXX shareholders on share, a dividend which XX, XXXX. of to announced payable today of on
starting with Now let cover full the me year. the outlook
we licensing full $X.XXX year revenue that the from both FY estimate billion. total total, that to we estimate billion last range ranges quarter. for are billion. For from revenue We expense we range the maintaining will Within the will operating $X.XXX guidance $X.XXX to gave billion that and $X.XX XXXX,
products recap billion. now for year. $XXX and revenue While revenue XXX recasted under to estimated the million to services our XXXX year's We've from $X.XX was last and range FY are completed of the $XXX million
back Now, call and for to shifted last cases contracts. as provided five recasted to FY for remains primary the FY revenue the prior estimate the due in final XXXX at accounting difference XXX for some same. the far I as certain is related between XXXX revenue Namely, the years in lower under years, XXX reason than were to multi-year differences revenue and XXX some
licensing, see XXXX will and to In outlook, are Consumer following discussion mix, we technologies PC So, of DMAs. grow revenue set-top as getting that see the for range and driven we'll into incorporated newer into revenue FY to to my forward is by from the ASP of We the broadcast technologies. factors. year but TVs projected of modestly sound electronics more offset more will that boxes. adoption back incorporated XXXX that be some to FY by the our grow, due bars downward continue our pressure estimate
revenues mobile comparison penetration mobile further increase, seeing impacted recast. by to the growth by helped expect also are the We we year-over-year organic is some
Cinema. we in in other product cinema Dolby And from growth in licensing and finally Dolby Dolby Cinema, products, and growth expect gaming Voice We Dolby services, Voice. and anticipate
reflecting the about to reform. range Other to year discussed to projected $XX range or estimated fixed to tax on income tax basis As to the product paid $XXX year year $XXX non-GAAP a to year and it adjustments $XXX rate basis a for a on effective million GAAP expected GAAP margin new legislation with an XX% Cinema, for $XXX expenses range a on to transactions million estimates $XX non-GAAP is basis. XX%. amounts those effective from pertaining upfront million to of basis basis. Dolby Operating the like income XX% associated plus is earlier. for And and to committed Gross the minus relates is then include to is from rate the projected growth are the minus on tax for for revenue year this revised from recorded is non-GAAP be and the element XX% around and plus on expected from XX% to million million or to GAAP million XX% range or that I US from a
to outlook. on move quarter Let's second
minus. and million of million revenue $XXX will of to Operating of revision tax law and this a is XX% this that on and tax regarding XXXX, the on basis that licensing in the million we million to million is income $XXX Other around $XX XX% around will basis $XXX million. projected from our be QX, range is to And because Within million range from on quarter. to enacted earlier margin $X in total into range GAAP just around FY is a $XXX $XXX products that rate from report anticipated GAAP to the estimated to million million estimated from or And are expenses $XX QX QX GAAP For million, while from on tax estimated million range a gross gross projected month. a discrete for $XX to million be $XXX basis, be $XXX will GAAP in $XXX margin non-GAAP reform XX% to services was QX non-GAAP from range tax to we to QX of plus expense million. for basis. is to to to anticipate estimate $XX account projected the effective XX%. we to a a we rate US
from rate is range tax to QX for Our XX%. effective XX% projected non-GAAP to
GAAP QX I will So, $X.XX we share of basis. from to to on the estimate based from per basis a $X.XX on on a combination $X.XX a non-GAAP range diluted $X.XX that earnings factors, and just covered,
I now would it like to So over Kevin? to Kevin. hand
