Thank you you, joined Jack, everyone this who to us and has thank afternoon.
second second commentary We I XXXX results. today's quarter share highlights. to recent summary XXXX and other performance call with are pleased begin on financial our will our quarter
revenue, of it bookings to clients, our total million subscription of exceeded performance encouraged both million, are net plans. platform quarter $XX.X $X.X which Likewise, XXXX, including of guidance. our midpoint which subscription XXXX refer especially pleased through by to DOS respective we financial adjusted second We and QX are with our results, new as our as we our EBITDA their relates now
items the highlight from quarter. Now let some me additional
growth categories. categories of calls You X improvement, strategic our our and will in quarterly that performance we'll of earnings previous company's discuss recall our each and scale you these objective we in results measure the with from
our evaluating client on also massive, and team engagement. improvement, maintaining our category, clients ability realize enable member first industry-leading while to to measurable The focused is improvements
of example an Let me sharing by begin recent a improvement. client
health a and Catalyst struggle of costing cost improvement consumers issue, application, health To systems financial platform transformation, power Health suite the Temple data adopted cost and in Health our connect clinical care, and transparency. this module cost transparency in University and ensure with power its both this Catalyst Health help Often and to improvement revenue excellence.
to accurately, and drug from with that understand insurers, supply useful and costs. Temple at integrated, allows Temple them and granularly patient budget can solution more then clinical in allows visualize used data Our costs, records medical which combined seamlessly precisely remove is better and electronic negotiate track Leaders to patients' more tracks unnecessary and data and care.
methods and more yet the Additionally, shared leveraged physician have are costing compare manual additional allows costing Catalyst delivered represents precise than Health often reimbursed services. of revenue. Temple opportunity and other which less quantify that not this by also power analysis. over cost application easily require $X power organization but They annual to outcomes to individual million patient has
receive in to fortunate category, Also the improvement external have additional been we recognition.
companies First, of X workplaces Newsweek one health care and in analytics families. one America's has the digital of the for world's best Health recognized U.S., greatest Catalyst parents and health as XX the companies data of for best as
row, been XXth by in Additionally, named Healthcare, one as companies Modern in Best to Place has care year a Health health the of work for U.S. Catalyst by Work the for the best to
year Work second World to and and Great India. News a Report certified in for row in Place a the as
recognized XXXX, a share Utah Linda work. at to Award People Officer, great Lastly, exceptional Lifetime to Health Achievement HR the Catalyst Llewelyn, Linda was recognizing that Chief Business' work the Achievement Awards does we with to place are that our excited in
are system in stabilizing growth, strategic we recently, next existing client margins includes see operating recent and new relationships category we with Our shared health what objective steadily which and Consistent to beginning months. improving expanding is encouraged client have relationships.
in will end double our an to contributes to improved related Our our line confidence to expectation XXXX along year strong continued our market bookings in digits pipeline, our expectations. back with XXXX growth full that top accelerate
cross-selling platform, flexibility to modularity our the ahead increased base and We are expanding higher-margin subscription client well driven for our increased opportunities. of nonplatform technology Catalyst our in new and pleased of Ignite platform to be by forecast effectiveness focus on increased additions, client Unite Health the net our
we net platform XXXX. subscription have new clients Through of all added first already the than did half XXXX, in more of we
As a increasing additions XXXX today, number be the client to XXs. new of result, in casted are our subscription platform low we net
As a in represent the company's strongest history number would net additions this of in year achieving note, subscription of the additions. client platform new terms
to information client expansion and is in our than experienced. often and it important than significantly Also, clients health greater as have implementations typically some to clients into exchange international recognition. revenue our includes These note first take can new longer half material that as international additions health exchange we client information well ramp meaningfully other
more these from early occur to we late anticipate a the of in XXXX. As impact revenue result, wins to XXXX
the revenue Given of client price we anticipate and net clients cross-selling platform which nonrecurring the that performance additions directionally plus come XXXX. between platform clients, to of has new million new a is Ignite existing net modular more ARR which has average similar nonplatform stronger-than-anticipated $X average the from for to subscription $XXX,XXX much a starting in be lower XXXX will
encouraged improved are We by our cross-selling capability.
we with forward. anticipate year, key non-platform have winning rate growth not And do past in over conversion clients cross-selling driver of they existing moving We that new platform the whether existing with any have be conversion than the or a more than twice rate deals our relationship. our have or this are clients, clients opportunity we we observed will
relates to with downselling have encouraging first relative it our Through XXXX. are we improvement meaningful have of observed performance half to our in and half pleased we As existing clients, the trends. first some existing XXXX, experienced client
in years or highlighting fall managed the TEMS. client expansion, we've These margin in few the these to outperformed nonrecurring services than tend our professional provide be tech-enabled nonrecurring solutions technology significant services And and technology-related overperformed our services clients professional initial Additionally, retention. to of that expansions. current dollar-based our definition of services outside nonrecurring value higher our
rate do defined As our contribute a they retention result, XXXX the for to current not metric. under dollar-based
these services the regularly note, metric X opportunities unaccounted in dollar-based expansion contribution, in which nonrecurring aggregate, represent or a the are nonrecurring of purchasing revenue for project-based approximately on current current for would points clients trends based of likely growth services XXXX X retention work. As
business is our clarity, XX% even nonrecurring increase with from continue revenue, over this that that includes of to a model benefit For revenue recurring. in we still
the we on continued relationships first deepen XX these half But the with contracts. were we that and in late writing. TEMS specific contracts or we that our to clients smaller chart in are signed more of like some expand focused and XXXX through and pleased extraction Second, report in expansions XXXX areas
larger find TEMS any first that recurring were a in did contracts In revenue. few half, million than not the we
pipeline our that at of meaningful nonrecurring also While pipeline are forecast opportunities, a on expansion XX we than technology of and have pipeline the beginning XXXX. a have original services client pipeline new we larger a
are as opportunities expansion services within nonrecurring and and more technology TEMS the client pipeline, existing prioritize opportunities. to opportunities new profitable the opportunities continue will than We with clients these
of higher client in a As expansion, range prioritization XXXX and platform of existing result proportion client the clients coming XXX%. through new our retention non-TEMS anticipated our to to dollar-based a nonrecurring we projects for the pipeline, of subscription and updating opportunities the professional of trend are towards services XXX%
also revenue with with incorporate than client meaningful in could a XXXX of our to share describe we the potential retention, anticipate including Due update all provide February use a our contribute these rather upticks client our subscription clients currently solutions desire the definition to shareholders may just consistent on as client retention existing to during earnings some in focusing of position to insight updating client call. our and solutions acquired We considering dynamics, are the nonrecurring that platform we revenue, being continued metric defined. retention. metric to The this include into
positive growth positive in recent well reaffirm return our as our that our acquisitions, these expectation results double-digit in growth confidence summary, revenue from as In XXXX. technology-focused will momentum
Catalyst platform Catalyst the be and SingHealth care a in pleased partnership value-based organizations in of insights, data-driven pop data health analyzer, Next, professional analytic are support with to management. and implemented SingHealth, meaningful to health Singapore. outcomes pop initiatives population leveraging group Health announce enterprise largest sellers client improvement, services Health new care we will
with a efforts to that care. deliver for excited health be high-quality to are working recognized We health system SingHealth, world-class its accessible is
analytics excited communicate to agreement are that Ohio X-hospital year. the We has this Ignite Health, signed second an in Adena later platform a system the to quarter implement also in
designated Health excited also in states South the with a Link, are a and Information communities Exchange Dakota long-standing a throughout U.S. Health meaningful state we Lastly, other catalyst and Western health client, serving Midwest announce South Dakota expansion to
partnered mission of provided we improve quality efficiency its Over the and with past secure a to Link of care South help citizens. to Health sharing all to have Dakota to platform the the through foster achieve decade, information
information health will renewed cloud-native Link. As migration include platform. Catalyst purpose-built Ignite's helped Universe, partnership, exchanges Ninja Ninja platform Health the of to an like the part with extended applications technology this for end-to-end interoperability is agreement of Universe
We are of grateful our help for the expand and University. forward Health South and to mission, utilizing look to the Link's continuing support partnership interoperability opportunity to Dakota power Ninja
of importance product to calls turn expect help this next-generation Ignite and the enabling some earnings our a growth Dan has to let me future he will Chief Ignite Dan platform and With LeSueur. join LeSueur, our questions. over Operating earnings Given and we that, answer related Officer, call, time strategy,