full-year to and Thanks, XXXX Anthony, discuss financial going and now our I'm fourth and for our afternoon, results quarter XXXX. outlook good everyone.
full-year Dun investments three. compared Slide the of compared earnings net or an to charges. equity increase affiliates D&B, earnings unconsolidated to share. margin in to Turning XXXX. million were was or D&B things, non-operating in indirect $XXX.X million, of to was of effect million, a Net reduction diluted losses $X,XXX or before effect share. share, $XX per earnings purchase to restructuring XXXX On Earnings Net diluted accounting adjustments, X% reflect, other $X.XX our Bradstreet, $XXX basis, and other were The a among million. diluted in X.X% per revenues & their The compared XX.X%. of million, results were charges $X.XX million, compared $X.XX GAAP or per $XXX of $XXX.X
share, diluted million XX%. prior reduction diluted Net D&B an or Net were $X.XX million, moving X.X% $XX to earnings $XX compared margin of million, per earnings per or net quarter. compared to to Now, earnings million, $XX effect $XX of or before $X.XX were losses $XX million. $XXX investment affiliates to of the The share. a in increase fourth quarter. Earnings X% compared in was million, compared indirect in year per diluted $X.XX to of were share. unconsolidated Revenues the was our equity
million, EBITDA full I'll earnings our X.X% an increase increase $X,XXX XXXX. increase million, EBITDA basis Adjusted of of the was X.X%. XX.X%, net net Adjusted $XXX $X.XX, Adjusted $XXX also X%. fourth was discuss and of of to X%. Adjusted per share an now margin Slide was were results points. an earnings adjusted four, was quarter. to an increase of an revenues XX Turning for increase million, compared year Adjusted
of the increase fourth increase were year X%. Adjusted earnings of EBITDA increase quarter an Adjusted our was net as ongoing was earnings and Adjusted earnings prior a well fourth was blended $X.XX, tax an net in as as the tax share our quarter. benefits rate, benefit million, increase million, net was lower-than-planned compared affected increase of a For EBITDA a X%. factors: share XX.X%, Adjusted related million, revenues XX an a rate points. and $X.XX margin per state $XXX federal also the to an deferred of $XXX that tax adjusted basis Adjusted a of revaluation a both an adjustment in X%. of quarter. filing tax our per $XX as primarily to result returns of two X% reduction tax reflects result rate, discrete state
Turning for Slide to Software now to In Solutions increased the Solutions five, results. fourth I'll X% adjusted Software our revenues segment $XXX segment the quarter, discuss million.
was offset the new as revenue than saw growth revenues and past deconversions. existing Our as loan servicing adjusted previously We software such discussed drivers higher quarters, by the in by on clients, at client growth but platform, more organic MSP same growth per loan, that solutions clients declined X%.
transaction driven businesses, new and origination clients, by revenue in from In volumes software acquired increased revenues higher solutions. X% solutions, lending adjusted
and $XXX increased was XX margin Fourth of X% quarter an to basis adjusted EBITDA increase EBITDA million adjusted points. XX.X%,
points. XX adjusted and XX.X%, basis margin EBITDA X% an XXXX million X% revenues of was increased Full-year $X,XXX $XXX increase increased to to EBITDA adjusted million. Adjusted
to Turning million, six. XX.X% X% and higher increased $XX $XX strong million Data to adjusted Slide In margin sales primarily the to segment fourth by EBITDA driven to and adjusted quarter, refinance EBITDA Adjusted nearly execution business across XX% quarter. year revenues the the for XX.X% volumes. prior all in was compared and Analytics increased lines
and the to adjusted the million EBITDA adjusted million. quarter compared in XXXX to to compared increased in in XXXX. $XX.X for XXXX, was EBITDA $XX segment EBITDA $XX million $XX.X the revenues quarter margin for the was increased million Adjusted in Corporate prior Full-year XXXX. XX.X% $XX full-year fourth and X% compared X% to to million million XX.X% Adjusted $XXX
our equivalents cash we XX of of to December as had capital $X,XXX borrowing Total borrowings revolver. outstanding under million principal, capacity debt seven, We structure. remaining and December, of walk was At cash million. million. had I'll Turning $XX revolver through $XXX of Slide our million and of the end $XXX
X.X ratio leverage and Our was X.X on gross times a basis basis. on net times a
with to walk the to EPS expected range Slide range now $XXX EBITDA the details for range of is expected is which our I'll and in to to GAAP be $X.XX expected million in $XXX quarter's million. on $X,XXX revenues $X.XX. are be consistent revenues is of provided to Adjusted call. Adjusted I the to million. million to last of outlook Turning be adjusted XXXX, in through the $X,XXX eight,
outlook are follows. Additional modeling as details underlying our
million expense an interest purchase of and to adjusted of XX%. XX% tax $XX resulting amortization expense And net Depreciation expect and from $XXX finally, to effective of accounting. incremental the million $XXX We depreciation excluding million rate $XX approximately approximately million. amortization to
Although I year. expect through to with how as progress some quarterly to provide to we color we guidance, the do not want you provide
to expected accelerating flat to half at the year the the We second range expect our of the with range half adjusted timing XXXX high-end discussed the growth growth the be the with our in guidance slightly first in Adjusted of is of guidance in the the of low-end second to be to EBITDA year. growth revenue to implementation first the accelerating previously our above half high-end of range and headwinds. due in of half
I'll for now turn the Q&A. over to the call operator
