full that will for now year Jeremy. results. to quarter I fourth Thanks overview, our turn
midpoint Net our XX% revenue million, year-over-year the approach, by year-over-year increased to $XX above Driven by by $XX our range. million, outlook $XXX income XX% X% net increased disciplined margin. to million a representing of
XX% range, $XXX the above X% by to $XX midpoint representing million margin. increased a million, EBITDA year-over-year Adjusted our of outlook
driven mentioned, was in services line categories top by continued growth strength the throughout Jeremy year. As
pressured Advertising in services fourth to year-over-year services growth of and a quarter. in to an in This quarter, revenue Conversely, in $XXX XXX,XXX. paying retailers decline $XXX quarter year-over-year million. in X% the the locations increased R&O year-over-year resulted overall X% advertising by A in and in in revenue locations offset resulting decrease restaurants in the R&O decline to fourth locations XX% million. remain
in multi-location also quarter. efficient year-over-year driving R&O. most in We flat and year-over-year, continued softness focused approximately same on reflecting the strong approximately growth through the grew came in revenue time, was channels. At our XX% Self-serve
to Turning expense our to clear demonstration expenses commitment was of management. the for disciplined XXXX a year.
compared power head XXXX. to [ repair the year ] Excluding ended with we employees, approximately count flat
desired to expense when the returns, In our meet not paid through flowed in bottom line. did spend addition, our reduction subsequent marketing our search
Ultimately, by we percentage X adjusted by X increased prior point points margin percentage net income year. EBITDA and the margin from
again approach once hold as we As our through continue head count growth to XXXX, flat strategy. disciplined look we and we our product-led plan to drive
the In EBITDA. We of taken in granted have of also to reducing significant mix years, remain and focused on including increasing shares employees adjusted cash, XXXX. to our recent between substantially shift the actions quality stock compensation number we
of percentage and year-over-year we to in impact expect over throughout XXXX, to Coupled expense we revenue with of increased $X.XX. per share percentage as X points. stack XX% stock-based decreased these diluted able outstanding earnings shares While share by time, the continued a the year, to by full repurchases reduce compensation we our were efforts
to expense we of than end the will ahead, be look reduced the we that expect by stock-based of continue year. X% to compensation less As revenue
stock-based end by of In compensation addition, to revenue now less XXXX. the plan to reduce we of than X%
[indiscernible] strategy fund our a and shareholders second, for share through cash operations, retaining potential to capital capacity maintaining elements: repurchases. first, balance X acquisitions, allocation healthy the capital Our main to third, is returning excess
acquired XXXX, deploy with to In Auto we [indiscernible] $XX sheet balance of million our services for support our demonstrating approximately platform in in ability business strategy. capital cash.
per an purchase fourth average worth We $XX.XX of of including worth $XXX price in the also shares shares $XX.X repurchased quarter. million share repurchased of at million
subject As repurchase repurchasing authorization. of XXXX, and remaining economic shares existing we million under December We plan continue to $XXX conditions. XXXX, had to market XX, in our
to our outlook. Turning
will that long-term growth significant on the to drive increased we continue profitability. our areas ahead believe believe investments high-return focus We in opportunities as we
to look we expect XXXX to we As persist. characterize XXXX, category that the trends
Specifically, we business expect to remain continue drive pressured. performance and our will RR&O services our will
result, a for net to $XXX million, $XXX reflecting we the of be will revenue seasonality. first XXXX, typical million the As expect quarter range of in
For be net range the full year, in $X.XXX $X.XXX to billion the will billion. expect we revenue of
Turning to margin.
for primarily from We quarter quarter and of expect driven the benefits. seasonally expenses of first XXXX increase payroll the XXXX, and to by fourth taxes
first $XX $XX expect adjusted be million. we to EBITDA the in result, a quarter million of range As will
] as a driven cost expenses by in modestly, higher year, For [ primarily RepairPal anticipate part revenue, acquisition. full the our we will increase result of of
our not continue EBITDA We will also compensation to a reduce but efforts net to headwind income. to impact act expect to expense stock-based adjusted as
adjusted the $XXX As for year a to be result, million. of range we expect the full in million $XXX to EBITDA
results our Yelp's of reflect the underlying profitability business. closing, XXXX In
that, business opportunities investments will that the line questions. We value create for please as long our in continue With operator, drive the open we shareholder to believe term performance. we believe areas the in to over up ahead focus
