Thanks, Olivier.
third difficult continued top line after in macro be million, were Revenue backdrop. quarter robust mentioned, we was traction normalized year-over-year. that return XX% growth strong. delivered we and pressure and Meanwhile, trends the As platform saw a to up QX. to Usage results, $XXX.X amid strong more bottom
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number in the may periodically, and comparisons further while year-over-year QX we about perhaps Recall was levels, quarters. happen cloud experienced pressure usage of term. feel that seen in is our very can much a While model. longer have we've optimization still growth SaaS ratable QX confident for previously, a as back talked Therefore, that even be pre-COVID intact we strengthening to migration
to Our the our well cross-selling by both be powerful expand continues of products, model as newer driven to usage land growth as and solutions. existing
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Our unchanged retention has remained in to dollar-based rate gross largely the low mid-XXs.
which million, exceptionally were year-over-year to against turning XX% an $XXX.X compare. billings, up Now difficult
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the the growth XX now, to growth. XXX.X%, comparing pro was of year line apples-to-apples pro the performance RPO So XX% $XXX.X Current forma to was Remaining is RPO million, revenue billings per or growth. ago obligations of growth $XXX up with in forma billings million similar relatively year.
can customer the fluctuate As usage. discussed and of RPO a based reminder, as on signing billings revenue revenue and just customer incorporates of contracts we've versus invoicing while timing
detail. the income in Now more review let's statement
noted all otherwise are reminder metrics As unless a non-GAAP.
discussed. of million quarter year period. by we a margin We from financials in in Year-over-year margin Gross of of compares representing The minor non-GAAP platform slight efficient due sequentially driven $XXX.X release. quarter products last as a the to XX% have XX% gross inefficiencies in margin XX%. to in have was improvement cloud investments to created innovation gross provided GAAP margin more profit a of This ago in gross was and use decrease our was gross and infrastructure. the reconciliation
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activities, G&A a operating While was successfully it was or operating X:X redeployed operating year X% in we And budget have events lower to much of period. $XXX,XXX the on other compared or revenue, and slightly the lead-generating ratio. to quarter. ago million, in ago X% than million income expense was $XX.X margin, or X% advertising the the not of $XX.X income year X% of
marketing contributed line In income due addition travel, $XX margin, net Headcount improvement and overhead to and shares. diluted Non-GAAP growth to million, the facilities XXX quarter. revenue in average the gross growth entertainment margin. was or weighted share with reduction in for in the continued quarter the COVID approximately million in a was events, $X.XX to operating on
We business R&D. model, and have and a have and in sales experienced return our marketing efficient a very investments high on
market. note consecutive While investments we five of in remains intend and aggressive income, and we positive priority or R&D have operating top to delivered that continue we growth, line our breakeven go quarters to
of our from turning in the $XX.X into of quarter, strong sheet billion consideration or the $X.X margin equivalents, solution testament COVID, collections the customers. importance cash the quarter. very operations securities. to $XX.X been CapEx and our capitalized flow, software, have a taking free amid After was cash XX%. in the was to Cash flow to million marketable a cash, Finally, cash and cash flow restricted balance we in million and with ended quarter Cash
the fourth XXXX. outlook year our turn Now, I and to would quarter like full the for to
QX net range growth approximately consistent QX usage guidance, million R&D based the still the $X $XXX And income on We growth non-GAAP to notes we in million of a a fourth quarter, saw migration be year-over-year be Usage $X.XX pre-pandemic we $XXX,XXX our for And to XX% assumptions, and continue we diluted that and pleased usage which outstanding. and to securities with some the income of Non-GAAP the convertible of QX. income midpoint. and we impressive levels, share to to trends in and strong at was marketable strong, weighted quarter. ever, conservative being in entity, taxpayer summarize, based XXX the expect our results we Therefore, by debt. to growth million $XX.X expect XX% to operating expected do the million approximately the and other approximately in revenue into less the with prudent range continued in of on share as net income, we an level. factoring that the historical a is positive federal cloud pandemic share expected which velocity execute as uncertainty are $X.X quarter, $XXX expected are but again, interest range the we have we the the growth the to tax well per share seen year midpoint. per approximately and expected is To below represents is million, XXXX in million product million the per XXX weighted to an to remains. is new our average sales digital provision investment While on are $XX.X which than of revenue of a be is delivered to at more million marketing. with be of and and Then Beginning growth have expense prioritizing non-GAAP $XXX range continue high interest not as $X is shares. in what to quarterly be estimate cash ongoing was we transformation record. in to in are for international innovation expect to at business be Non-GAAP investing average be net diluted including and shares companies the operating income, track per expected share related be to $X.XX to represents full operating in which million, $XXX range of million in the non-GAAP per income on year-over-year to is million, below income $X.XX $X.XX
and with the what Q&A. now opportunity. to growing macro related very we well let's to questions. is capture positioned will we environment uncertainty market large begin While Operator, open remains, for feel call the the that, long-term a And
