the US for review healthy especially above growth continued and and for Matt. and cloud the provide from XXXX. subscription were sector full EBITDA Sciences. from then EPS adjusted customers we'll key guidance the Thanks, We and the QX I'll non-GAAP strong contribution revenue, verticals, public guidance. industry quarter, and saw financial Life existing Total year revenue, highlights
go cloud year-over-year. constant year-over-year On of revenue Let's increase the XX% Subscriptions an year-over-year. Cloud increase details. guidance. XX% an basis, grew above million, a revenue of XX% into revenue was $XX.X million, $XX.X subscription was currency subscription and
On was impacted subscription revenue quarter, currency revenue mix part in of basis, during with the constant grew subscriptions in some a prior XX% cloud new bookings customers the year-over-year. a by Consistent higher quarter. cloud from and
a services On Professional services million, basis, professional X% year-over-year. revenue of an constant year-over-year. increase $XX.X currency revenue X% was declined
continue to customer As majority on partners implementations, few and limited ability a in is enabling quarter. offering, will our strategic Long can projects our and services given the to services driving revenue influence previously our success. professional large will noted, partners of growth term, we believe predict any drive focused be a
revenue. we However, revenue total to to continue professional of services expect percentage as decline a
was of year Total increase $XXX.X consistent period. revenue XX% total the with prior constant million, XX% above revenue and On year-over-year. total and ago grew our quarter guidance. in XX% Subscriptions of revenue currency revenue, a basis, an was XX% the year-over-year
Our XXX% with the quarter. of was cloud XX, prior subscription as revenue retention rate June consistent XXXX
of the XXX% target quarterly we rate on revenue basis. cloud continue reminder, retention to a As XXX% subscription to a
regions. contributions XX% operations and year-ago basis, in from was broad-based total year-over-year XX% On to revenue contributed international growth Our APAC of healthy international saw period. EMEA a compared the and both
the new total first Our in new software ACV cloud were net XXXX, software half of XXXX. bookings increase approximately of the XX% an net from XX% in bookings
quarter. the gross margin to the gross turn XX% in prior margin Subscriptions in was XX% XX% year to quarter and the XX%, consistent non-GAAP metrics. to compared with Non-GAAP Professional ago prior period. and was I'll in gross compared XX% non-GAAP and prior XX% the Now, was profitability XX% quarter. XX% year period margin the year-ago ago in period the services in and
gross XXXX. value to as XX% range invest expect low and to services We in resources range to non-billable non-GAAP our decline customers of beyond the continue in their maximize the we margin help to professional XXXX investment. mid-XX% Appian And
$XXX.X don't same versus ago million million ago movements loss the between period. our in rates. gains of and $XX loss to items. We compared operating losses non-GAAP foreign we had loss exchange asset of forecast expenses $XX million the EBITDA Therefore, a were adjusted in second of compared million year to year in $X.X an our of in guidance approximately the million they exchange foreign $X.X of from was Adjusted year and an EBITDA ago. Total a million, considered are in increase In period. $XX the period million $XXX.X XX% million $XX.X quarter,
the to net or diluted Non-GAAP outstanding share for share for for million $X.XX basis is $X.XX net XX and XXXX non-GAAP and of shares per of loss -- million diluted compared for of second diluted loss was per on basic basic basic the or and quarter $XX.X $XX.X shares million of the quarter and quarter This based million XXXX. second outstanding quarter diluted XX.X XXXX. second the
Turning balance sheet. to our
with were June XXXX, As equivalents compared of and XXXX. and of XX, cash $XXX investments $XXX December as million XX, cash million
For the year. cash of as second was by of quarter, was June revenue from million, in XXXX, increase versus $XX.X year the million used million ago Total the same XX, an deferred period XX% $XXX.X last $XX.X period. operations
As we changes basis, on billing are the upfront annual in also the the are our not generally our deferred customers terms, are indicative majority -- some calls, have in not customers our past momentum our revenue to of are of or monthly. business. have an of but built stated Due quarterly we that our on variability invoiced
business a support is revenue latter scale to momentum on-prem subscription to represented in duration includes cloud applications. continue revenue or based all We private business contracts. the the is of the subscription and better in customer which to on true regardless software by on-prem. the and our customer timing Appian billings Cloud fluctuate performance subscriptions deploys indicator of The of license of or The of the whether seasonality their cloud work metrics revenue, of remaining believe
I'll Now to guidance. turn
representing between revenue and the expected outstanding. between to quarter XX% $XXX Total XX%. revenue for is million, million million. quarter average growth third $X.XX. $XX.X of EBITDA representing $X.XX and million XX% XXXX expected is weighted shares XX%. subscription $XXX and between year-over-year and net expected diluted Non-GAAP of the XX.X For between be Adjusted per and to third XXXX, to million million million, basic year-over-year common be is of cloud and of share assumes loss The growth be be $XX to This is loss $XX to expected $XX.X
of increasing XX% $XXX This million are million, and between we to growth For the year-over-year revenue representing $XXX year $XXX full guidance growth between XXXX, and and cloud representing million, year-over-year is increase XX% of $XXX from and subscription XX%. an prior million of XX%.
of For of year-over-year $XXX XX%. $XXX $XXX of the XX% between million, is prior guidance increasing million full year XXXX, increase XX%. total growth revenue and representing from we $XXX XX% This an and to to representing growth are million, and million year-over-year between
to net basic expected loss Adjusted million, to of $XX EBITDA and $XX assumes loss outstanding. million. $X.XX. Non-GAAP $X.XX an is improvement from million be prior between $XX diluted $XX common expected and million shares per million between guidance be between average XX.X share and is weighted and This
as following: year Our full guidance to compared services year at revenue ago seems and will QX a the rate period. XXXX grow first, professional the mid-single-digit
to will impacted on year-over-year with in by part consistent basis subscription. up growth their be customers sequential Second, to on-prem cloud be seasonality a license continue and converting some contracts revenue will
adjusted QX and improve should sequentially EBITDA Third, loss both year-over-year.
second come half the half margins EBITDA adjusted continue in for XXXX. better of in expect We than XX% second -- non-GAAP the to to
other in XXXX. and and $X.X between This million capital of in $XX expenses office in build-out of nonoperating million to $X $X of QX million expenditures primarily additional million total space. Fourth, related the $XX approximately XXXX. Fifth, approximately and in QX million is
drive Finally, ahead summary, remain excited generate us. will growth In assumes on investing in focused we're and the XXXX. of returns opportunities our FX We August X, areas as superior of guidance rates long-term. about that growth
over turn With it that, to questions. let's
