you, and with third quarter XXXX to Thanks good highlights our Ryan of as for financial the quarter the I’d third like of afternoon review compared XXXX. everyone.
Performance Machine Box. of in Digital, reminder, third XXXX companies; three a quarter and the Bridge we As Wazee acquired
of month a XX% acquisitions XXXX in those in with million Our Net $XX.X $X.X of $X.X QX the we the increased year of quarter results businesses’ reflecting prior period, net results. those million million. revenues in of included full QX in which included completed one approximately compared QX to only revenues businesses year-over-year from
first periods. XX% the an net XX% year with SaaS revenues the the nine of and months third On aiWARE our quarter basis, prior in grew compared by in XXXX organic
both million primarily increased customers quarter $X.X new million months we to periods expand and XX% entertainment verticals, our XXXX the with media of third The land existing which by or in XX% and prior in compared first periods continued $X.X by driven with our was or as the and customers. nine year organic growth the business in by
at increased under the monthly MRR SaaS quarter third of over Our or effect that quarter aiWARE slightly revenue end to agreements $XXX,XXX. the the second recurring
$X.X of our Our in and were media aiWARE third the majority bookings The bookings quarter the entertainment verticals. quarter in SaaS were third million.
in As discussed, bookings our Ryan October fantastic. were
aiWARE licensing $X.X in discussed have revenues in prior and In net media and services aiWARE QX, of total had our trend contributed XX% quarters. businesses software total, we million. revenues content of services the business Our our continuing
from contribution net acquisition $X.X million our the revenues Our both advertising or increased Bridge. growth to XX% organic million $X.X of Performance reflecting and
In the plus businesses approximately R&D of total directed intangible approximately third in operating due XXXX, quarter addition expenses of million million the primarily XXXX of of amortization, period of to acquired to expenses $XX.X operating $XX.X increased additional same our and $X.X million from of million XXXX, quarter cost third the the in to $X.X
in fees quarter the These increases advisory were offset XXXX. part higher incurred of in professional third by and
Our of loss loss the operations in was from flat quarter third with third $XX.X XXXX quarter million, the XXXX. the in $XX.X essentially million of when compared
Our totaled or a year or with $XX.X share quarter. million prior net loss for share per the $X.XX of $X.XX net per compared loss $XX.X million
XXXX, purchase we acquired XXXX. allocated for quarter third the In businesses that the the three in price finalized we’ve
our $X.X of tax of XXXX drove up the of this of assets be the of as benefit an benefit part will recorded tax This tax we As book net not million purposes much to intangible income for some purposes. in in future quarter third true this, loss. the decrease in deductible recorded quarter’s for the deferred income income taxes
results. Now, turning our to non-GAAP
net total were of in or or our addition businesses, efforts. with of reflecting operating non-GAAP in benefits management million revenues, of Our offset the our of million QX, $XX.X net cost revenues acquired the of XXXX $XX.X compared expenses in part expenses operating QX XXX% XXX% by
the prior totaled with million million $X.XX losses quarter. per per $X.XX share $X.X net year non-GAAP for or compared share, or Our $X.X
EBITDAS with loss $X.X a was in revenues net or the third or compared quarter million loss of net third revenues, Our $X.X of adjusted quarter XX% million XXX% of XXXX. of
had for from cash we payments cash and XX, equivalents cash no clients million. including marketable debt of securities totaling million As and and long-term future of received $XX.X XXXX, $XX.X September
stock up raised net set shares quarter, the that million $X.X our of in issuance second third XXXX. common $X.X we the ATM through the proceeds facility million During the of quarter of under of we
available million $XX.X as have under We today. ATM the of
in starting ASC Please revenue are note quarter. the that we XXX new the recognition adopting fourth standard
an with adoption. method use to cumulative We modified the will of the adjustment effect accumulated retrospective deficit for
the accounting determine We of revenue have and performed an on financial assessment standard statements. impact consolidated policies our new to the
of do not period. some arrangements, advertising for timing reporting are our expect by any only obligations the In completed with performance arrangements, changes for SaaS as Generally, revenue our we changes expect variable in end aiWARE each recognition arrangements. of consideration we the the revenue connection
to the as continuing With our content do arrangements. of performance as of obligation but content revenues, impact the for content regards these to the SaaS, arrangements as is our expect relation we have arrangements that In soon changes we the commitment, downloaded. not licensing majority licensing are minimum to evaluate of
of of revenue immaterial. on new consolidated are the working guidance evaluate We implementation statements. assumes the standard we plan providing impact our revenue the standard impacts that are is and through continuing net The to the our financial that
guidance. our to Turning
earlier, of aligned mentioned respective and with teams be more realigning we the our acquisitions are completing of end-markets. final their our step integration tightly Chad to As
We are million deliver and cost expecting million compute to these $X annualized of that actions savings. will reductions $X
by our expect revenues fourth $X.X be December ending the to part the in expect EBITDAS For licensing seasonal $X.X loss content adjusted million. to XX, net million we higher due quarter the revenues with and range $XX.X the million, be slowness in associated excluding of of one-time offset to $XX.X primarily our million business, in SaaS to in we our realignment range charges to XXXX,
SaaS by $X.X content quarter licensing to first of $X.X adjusted be expect in to our revenues and net to driven loss we million of in million the be of to the our in we and increases businesses expect range XXXX, $XX.X For range a EBITDAS $XX.X million. our million
following the November November be XX, at and York; will in to will November Technology XX, look New Main XXth JMP Event Roth Utah. On Micro the Deer in at at at will New analysts we XXth Day the connecting the we be Bel-Air, Alpha New We On we in and Roth December Francisco; Bus XX, December in participating on Access will we forward Craig-Hallum we on our the Conference XX Event Valley on directly XX, City, San Select LD be and at with investors Xth and Annual Tour Annual Securities in Industrials XX, will be Corporate in events; the Software be York; Annual California; Park
reach we To or contact these any please of institutional Alger. respective out brokers arrange encourage their meetings to events Brian or at person, in investors to
At this session. would begin we like to time, Q&A the Operator?
