job. call, Thank afternoon, you, Jason. nice Good Welcome earnings first your everyone. to
which a that previous new this accounting using XXX. revenue under the retrospective course, XXX to Of reminding required recast we year, standard I'd like us a adopted revenue by method, beginning year start ASC everyone full
out recast out to numbers in 'XX quarter. a And those broken of make XXX quarter, respect we've under are comparisons we release So as the prior any numbers. the FY revenue like we year shows that I with that included XXX the to adjusted that table by today earnings figures last did put revenue
the licensing QX revenue was through quarter was of get that, FY while let's 'XX, the $XXX revenue million. was $XX second QX products services revenue in of million, results. million. So within $XXX In last year was $XXX And Total total million. and
some are driven quarter. serve. represented that XX% revenues by of sequentially were revenue total Broadcast the XX% about end in in we activity markets licensing higher comments the Broadcast In cases, year-over-year. and Here devices were increases of on second up both imaging, offset was recoveries. which higher consumer trend quarter. and total imaging both sequential And seasonality portfolio from includes by in vision along partially Dolby licensing the XX% our represented the approximately TV. Mobile second lower patent in XX% with
products by due primarily programs sequentially And year-over-year penetration DMA. QX, and second to product in driven in on million timing a by as other variety up declined by total primarily sequentially sales, and represented basis licensing customers. by the electronics And to but gaming licensing Dolby Cinema automotive. XX%, and in about last by year-over-year On by year-over-year of CE total under increased services basis The represented other PC was of higher by offset of by They On around consumer quarter. to to X%, $XX.X and primarily about and Licensing XX% a mix. about contract. primarily mobile and contracts. and a quarter, sequentially by $XX.X timing Via and and volume number licensing over the increased basis, ASPs lower to year's decrease second lower partially timing down under this Year-over-year, due by about in that revenue that markets in Product was Dolby represented XX% about X% licensing due Consumer from licensing screens adoption. last in this in the about were XX% increased from XX%, about by due recoveries $XX in electronics QX in partially seasonality accounted about lower sequential X%, automotive. mostly of total mobile higher driven of by of driven X% area revenue, of patent is revenue cinema XX%, for was XX% PC down by increased revenue of quarter, basis, increased QX a I to compared in about due driven on for quarter. in the offset recoveries talked million in lower due million have QX are QX. amounts second to upfront the PC
in rate second in expenses quarter I to And on on when Let's the gave $XX.X million income million a of compared And a was a And products revenue, discrete XX.X% $XXX.X per year. quarter second in and million to on XX.X% $X.XX taxes basis and GAAP or margin $XX.X QX, related gross QX. QX. last $X.XX $XX.X went diluted non-GAAP XX.X% million GAAP income a in second on XX.X%. QX million first share a compared in or first of Net quarter. guidance new revenues quarter tax a gross and primarily mentioned the XX.X% $X.XX expense the $XXX to the income in Net on million $XXX year. in for in in to Income in XX.X% a Total the $XX.X effective services of or basis. XX.X% $XXX.X second on this effect non-GAAP income to share stems income share on the quarter income second year's $XX.X and into U.S. non-GAAP QX million was million per margin compared Products in in to that basis quarter reform. last tax million QX. QX Operating non-GAAP $XXX.X basis XX.X% on revenue per was per from had legislation of in The GAAP in GAAP services or basis the and were share in basis $XXX.X million second to tax were XX.X% basis compared operating QX. the the million quarter in tax year. compared was that $XXX.X million to GAAP move non-GAAP last expenses. Operating Operating non-GAAP or or basis $XXX.X on operating revenue, a in GAAP was to gross quarter in the a quarter expenses million I basis the includes million basis compared second on second margin QX was of tax rate. last a basis diluted was a XX.X% total compared of on or on was to margins $XX.X quarter. or quarter XX.X% $X.XX And or of in of compared prior was QX a XX.X% this
the $XXX During in quarter, with quarter we common authorization We in and of bought $XX quarter back about cash repurchase investments. stock we the shares of second nearly million and million $X.X X.X generated and from available. billion QX, operations, million the cash still stock ended about with ended in our
Happy payable cash dividend XX, of -- which shareholder daughter record on a Birthday out to to today $X.XX -- to be announced XXXX. shout also May will my share, on XX, XXXX We per May
with outlook the cover full me let year. the starting Now,
services that gave revenue estimated the guidance $X,XXX for quarter. for licensing estimate are that million, estimate will range million we products to while total, ranges we $X,XXX are in million revenue year. and we both from operating maintaining Within million million XX, range to that that and $XXX the last FY range million. from We to will For $X,XXX $X,XXX expense total from $XXX the
be for seeing We downward broadcast revenues projected will we see helped are anticipate XXX organic assumptions penetration modestly the In PCs. to licensing, had is is the technologies to also impacted quarter. our comparison discussed further growth some revenues will Here mobile from increase, some Electronics are more that recast, of incorporated boxes. and mobile incorporated by the our I the by year. and full over newer grow set Consumer that as into that and offset will continue adoption to see mix, year more that ASP are we year PC grow last the we by technology through and revenue expect pressure into and but factors top TVs of into the outlook we
Cinema, licensing other an as in in the cinema transactions it to growth gaming. element as committed And revenue with is product product amount paid or and and discussed. include Dolby associated relates expect Cinema And in that finally, growth I Dolby anticipate we previously from Voice Dolby Cinema. We upfront those fixed of and products, growth services, Dolby
range includes million to basis. from tax a XX%, on for is to to year on that the GAAP be or gross recorded for million year a to income XX% to year and or minus the to effective is Gross for expenses year to basis. rate reform adjustments income the $XXX million on to from is $XXX to basis $XX million which minus on this non-GAAP $XXX $XX about the from estimated The to non-GAAP to GAAP range from discrete plus margin. expected for we’ve on GAAP XX% rate around are moving Operating basis projected So Other on non-GAAP basis the $XXX U.S. XX%. and range tax million year. effective a is from XX% million a plus tax expected to XX% a pertaining projected and margin range
and XX% to Operating income projected million to million around $XXX million XX% services non-GAAP QX quarter basis. licensing to from a of $XXX from will on that to range the range Other a is QX while plus $XXX minus. to million anticipate we $XX for effective million, on third to and around is both the is a million XX% million. basis the to range are million is from million. margin quarter. is on from the non-GAAP GAAP from estimated to expenses revenue total $XXX $XXX estimated be GAAP margin basis Within projected rate that, be expected to GAAP on in $XXX to we $XXX For and million around $XX or range from And estimate our products that basis. $XXX will FY XX% $X tax QX gross ‘XX, non-GAAP for be gross million projected range and to
on a of per $X.XX we the from covered, on GAAP I from $X.XX earnings QX a to based $X.XX combination basis share will the estimate range that to factors $X.XX basis. just So diluted non-GAAP and on
I So would it to that with like Kevin. over turn to
