revenue was up XXXX Fiscal million XXX.X year-over-year X.X good increased of million to XX.X and full fourth everyone. million compared of afternoon, fiscal and Mike, year Thanks, XXXX. revenue million X.X quarter
year in short line prior quarter both as and of revenue the expectations, the Mike Africa. was for top of noted, a While fell to due lower shortfall results majority our little the vast
million. was in Africa fiscal QX context, million this put better in revenue financial regions X.X group year report, for as X.X full and down the decline To our we the was in
encouraging, with Excluding bookings and Africa, year. America was growth result strong coming as will QX a X.X% up in America our XX% the exceptionally be in up in strong fiscal business year. QX performed Even expectations. in a our of revenue revenue over more North and line the was performance source North for our
was year-over-year, International to down mostly XX% attributable approximately Africa. revenue QX in
APAC Mike XX% full in his up our addressed APAC also but bookings will comments, fiscal over the region revenue was While earlier I comments. to down year XXXX. compared a on was in few QX, a add basis
quarter well X above the and bill Our year fourth both was this. full to America North the contributor number one book and for was to
over future and up approximately North down margin the for XX% were this On the North bookings and full far more America comparisons, bodes performance were basis, in growth was XX%. year bookings a America profitability. Africa dollar well For substantial
of QX As GAAP for XXXX. in to down down year, XX.X%, basis And XXX gross compared points. GAAP was fiscal full margin gross points in for fiscal the XX margin XX.X% gross margins, was QX basis
points. basis of QX in basis, gross XX non-GAAP XXX margin non-GAAP America. our curtailed reported Margins points in but margin line mostly basis were XX.X%, gross project a were was delays we expectations of few a with a bit XX.X% XXXX fiscal down and just North On down by
be will half the projects picked XXXX. first fiscal of These up in
of fact, performance, given XXXX, and expecting the strong indicated. we into mix In business backlog very forecasted our as fiscal Mike strong gross margin are moving
On X.X basis, by X.X% fiscal the declined expenses while million fourth X.X% essentially and non-GAAP comparing GAAP million for operating declined full were year X.X%. when the declined the expenses flat. year X.X expenses operating or by quarters a expense QX comparisons operating by side, year-over-year or On full
into excellence programs, be indeed was would savings and talked which process in had reinvested Coming we of R&D the through case. year, the that about most
products R&D adjacent side we into customer come for for the the see and our more are market to markets. and administrative in base positioned to We down in support to new segments customer expenses our ensure to we continue new of XG expansion on bring current expected invested
ecommerce We also in initiatives. and invested more U.S. sales our
that to related higher QX out like based strong expenses on sales performance. in the we I’d to Additionally, our point variable bookings commissions had
portion earmarked and to our directly bottom planned offering process continue other fall while line, differentiate a in expansion we savings investments have automation to additional invest to and through plans. the market We to with R&D excellence in our expected support
we the year profitability to still reasons had consecutive with EBITDA being of higher was Africa of year anticipated prior the a profitable in the performance basis. strong just expenses due our quarters third part for covered, delivering and XX I below past on an than XX line bottom year While adjusted
EBITDA all and non-GAAP rehash and are which by the to fiscal our the GAAP than will declined for fourth that the figures, in or I X.X million release X.X comparisons. adjusted XX-K, when compared Rather million Form quarters note year of
line with expectations confidence momentum underway, of beginning our international guidance momentum bottom level performance our our booked leverage now we As high we first based half is our achieving in business in America and have projects and very the very North other on margin strong high.
XX.X exited and million Moving the million the the to equivalents the XXXX balance and compared XXXX third XX.X of fiscal at cash of to fiscal fiscal sheet. end of quarter at XX.X on XXXX. We of with cash end million
XXXX with our to and repurchase approximately X.X in under stock X.X Note, to capital program repurchase approximately related fiscal in line was million million used shares plan. was expenditures, our
Additionally, which cutoffs million cash decline. receivable the strong. led due collected of balance million that our to sequential today, basis remains is increased accounts news $X biggest variance by was on cash in position The X.X a to and has sheet timing the vast majority and been and as of good approximately and
of on objectives we the on year back Looking achieve, delivered key set the to we most and out the initiatives.
and the cycle end continue year improve another level. historical achieved this of cash We best our at to conversion
and EBITDA we in income XXXX. business mix first exceeded We of revenue year. year the we strides full still and strong fiscal a our impact on for gross favorably the margins position hit bookings of great not did our and are have half should in we and profitability made While objectives, plan the
objectives. up based optimized cultural product operational process and Our business too several new are enhancement our our transformation areas and opened excellence goals on for savings in through and team growth to We and and channels were this various and programs reenergized which fully automation reallocated partnerships. we resulted portfolio our has aligned strengthen our of on
improvement generated higher savings our accelerated We slightly were initially initiatives continuous our the and for we the forecasted year. than
XXXX we pipeline generate execute as I more. in savings can believe we programs, additional have our We on fiscal our and
Some to allocated a of be the will and line fall the to also strengthen portion our will bottom infrastructure. savings
Directors a support be result. plan will and will to a we and August our development, incurred anticipate under you as consolidate in of restructuring fiscal There events, right-size savings approved in to business XX, further international other resources see subsequent Additionally, our as Form XX-K support our on product restructuring annualized our functions. XXXX, charges Board XXXX
we which We at to rate situation out the the generate to set we current again not had targeted growth did, Africa. albeit due in
about our front, and this network definitely within especially Mike’s on states back respect verticals comments side new achieving to the business, going new America. in to objectives we private However, customers delivered with our and of North
on executed service product development we Lastly, and programs. our
products New and launched on were time on budget. and developed
anticipated holds is introduced XXXX fiscal gaining are generating momentum XXXX Aviat business the our future. at the products with New further new growth for and improved promise margins, recently Store solution great in series
of strong year. fiscal build fiscal strong we this half is XXXX very situation as that first to forward. best the half we first and throughout the fiscal XXXX reiterate, we year. I To are evaluate going Note, guidance looking expect upon to anticipating momentum continue the to of operating model and the for full throughout however, convey do, the provided profitability we the want in Africa
forecasting capabilities. to time There improve our of automation and real lot ability over enhance are data conversion a that fixed and underway initiatives our through time in will lower cost, aggregate our
making service to We efficiency and enhance profitability. selective are product capabilities investments and increase beyond our
shareholder on to intend story remain telling on aggressive out value we our more in and closing, and the focused be getting road year. this enhancing In
our We Aviat our performance in liquidity are exploring recent years improve overall in in awareness capital structure given our of avenues XXXX. to strong and and our fiscal expectations shares,
remarks. call my to we the ready questions. open concludes up That for now And are
