results revenue Mike. Total Total for was the fourth revenue Thanks quarter $XX.X the the for first growth. will quarter well review fiscal million year increase the quarter for the XXXX, as $XX.X million, XXXX an year year-over-year quarter outlook XXXX fourth from provide $XXX.X fourth XX% an increase since I XXXX. representing of as the of million for representing our financial $XX.X fiscal quarter Today, and was XX% of growth. year-over-year and million,
Cloud XXX% The in the or subscription quarter quarter drive a currency. for demand our grew revenue and and year. Our grew subscription fiscal In million year-over-year, to was XXXX $XX.X year-over-year offerings continue XX% in constant for constant of $XX.X year-over-year XX% million Subscription close fiscal increase million growth by million fourth for to subscription revenue fourth XX% XXXX a was quarter or year-over-year. strong of which both the for $XXX.X in of the at an XX% the Big revenue, currency growth. from increase $XX Data
options the fourth the over integration, continue XXX% Cloud trend the data efforts Talend Big in Data revenue grew continues year. R&D quarter the includes now subscription than to prep year-over-year for and invest to Talend SAAS and this to offering, we our more in which Cloud as come more expect of course with Our
largest a and From Data fourth represented of and grew Our Big the geographic subscription the our more represents now product than our the quarter revenue together Americas subscription perspective fourth Cloud at up XX% make of in products XX% and category in revenue year-over-year. quarter. XX%
Pacific Asia full than XX% subscription the well XX% as year-over-year. by quarter full a and grew fiscal of revenue at In year, fourth the represented the grew the Americas more XXX% year-over-year. For year as
for represented revenue Although consecutive fourth subscription X% now show our and three continues has still of great the potential XXX% only quarter to Asia-Pac is quarters. the and grown in above
of an year services and QX $XXX,XXX by We quarter. the XX% growth in Professional where customers enterprise subscription being also revenue these from direct were XX% the up quarter. a from XXXX this for of increase grew with defined numbers thirds enterprise annualized XX% of more see by $X.X was quarter revenue, Approximately prior companies revenue as million driven $X.X ago. customers two of or year XXX their from million or reached subscription our
of the professional XXXX was million million year. For $XX.X XX% increase or services prior from X.X an revenue
analyst past enabling and As customers. has to system eco so our implementation during call earnings system we discussed that November for in Talend our made integrator sufficient in capacity investments our strong day have
Our on focus while priority for is on revenues services. more broader implementation strategic our the ecosystem depending to consulting SI
As growth. a and percentage result, a of our consulting revenue as total revenue headwind served this as declined has overall has to our a revenue
our quarter services declined in expected revenue for in to this of down quarter. and XX% This services XX% the year the quarter from year-over-year XX%, in the professional third growth quarter potential second than resulting of this in slightly less year
expansion remind the XXX% base that customers expansion can in quarter reflecting net above in constant-currency reported of our the ending rate versus in quarters. now like investors It consecutive to For the XXX% new rate for mix dollar-based net XX quarter-over-quarter was our constant-currency. been December quarter. dollar has XX, fluctuate XXXX I’d existing
profit to of results. moving like results our profitability release that loss would be today to full that and and available reconciliation on and we'll A IFRS forward specified point can I metrics expense our between going issued the in otherwise found press Before earnings unless and items, are non-IFRS website. non-IFRS be out discussing all
Sales The of $XX.X margin gross the full for up million, in million, from of dollar $XX.X expenses higher full for was the marketing increase sales XX% million quarter and million, fiscal XX% marketing of for the fourth for Our year year was and expenses XXXX. of growing for due the were $XX.X expenses. total XX% of both and an $XX.X fourth Sales increase the both increase an year year a were year-over-year. XXXX. quarter personal from and the expenses and quarter primarily an by were of from an XXXX. the quarter from driven primarily $XXX.X were for increase and expenses expenses $XX in The the headcount. increase terms marketing Operating Operating XXXX increase the the increase year-over-year. quarter of fourth XX% R&D million to was million, result an
programs addition absolute sales continue grow our our and to identifying will expenses marketing top marketing to invest as talent. in in our expect we dollars We to support in growth,
current an headcount staff believe Our last year-over-year. attrition in headcount headcount off the the earnings quarters. were we we increased by acquisition. than sales million, XX% discussed have approximately including prior expenses R&D for an new fully cut and and from had to for The now the to expenses year driven from were look in million, to call XX the quarter by year-over-year. greater increase XX% was sales marketing we from expenses employees our higher and XX% expected them of of XXX we productivity increase in our forward Restlet ramping R&D $X.X an in increase employees increase XXXX the the $XX.X due to
we non-recurring also to year in attributable total increase related had the from expenses professional to million XX% growth year-over-year. due to an this staff our XX% at and G&A for the headcount of of and headcount quarter underwritten quarter $XX.X for million, industry year is fourth company. G&A quarter of representing [ph] expenses service greater were the employees full over the were the Restlet block likely public trade of XXXX outside increase In period $X.X last a the year. an The shareholders. the both in quarter increases R&D being year-over-year. and to $X.X million, XX% increase and increase the an a acquisition, of reached expenses end from Our expenses XXX same related
and well off statements August in our million. March description related the expenses full in acquisition of related to year as totaled the filing shopper as the as two For November following [indiscernible] expenses X.X
quarter headcount reached in growth year. G&A same prior XX% employees XXX representing Our from the the
to and expansion. XXX a year ended We employees with also invest to public of approximately full our continue being our G&A end expect revenue employees of increase a was operating operating compared for compared fourth XX% related of We at quarter company to compliance XX% loss $X.X expenses loss million quarter of prior of operating an XXX to the XXXX. Expressed in fourth global of operating loss million. the incurred an quarter year’s $X.X We additional we as loss the to as the XXXX. cost time incur support of to compared in infrastructure the the percentage
[ph] the of into QX R&D so amount indicated As outperformance our had a sales increase profitability in in piping our organization. our back XXXX for programs quarter foundation. invested in substantial [indiscernible] reinvested also substantially have a to we QX, invested headcount and in we that with solid can coverage, We start marketing guidance fourth recruited our
For operating XX.X XXXX. XX.X an loss an fiscal of million year XXXX compared we in loss of operating million incurred to
the XXXX. percentage operating of XX% As from improved a loss to year revenue in for XX%
for was flow million Net cash we the anticipate of not net the in $X a $X.X year quarterly Free we cash in for a basis year was prior Net XX.X loss quarterly improvement do million continue period. free million million the for compared quarter XX.X we fourth expect $X.X loss sequential in As quarter compared of fluctuations. quarter million to was a million have stated loss XXXX. last loss compared in loss margin sustained the to of on a $X.X to flow quarter the operating prior net the of year. to
and approximately flow XXXX. million normal approach basis cash anticipate plan expenses X.X flow loss with annualized had to quarterly to our were forward fluctuations. For remaining that of mentioned breakeven intend previously. compared cash on nonrecurring that free related an seasonal going I XXXX balanced continue the We X X.X we million we of to X was approximately free in outflows the Included a of million cash million free flow in
of Turning had equivalents XX, the balance we to cash sheet; and $XX approximately cash million. as XXXX, of December
we prior we investors of account Calculated like reflection renewal take basis in our changes would business in certain business. guidance of a and is operation performance concerning [ph] a and pre-billed calculated billings into to that forward remind IPO our subscription contracts the professional As meaningful on this subscription discussed not we call, all of as does provide our accurate in good I and view as our dynamics. revenue We a duration, not billing indicator of leading services earnings more a position. financial do believe
in were new pre-billed calls, in subscription for consistent renewal years. duration subscription sales came our years came previously intend discussed we targeting with the of complexity the is strategy blended X.XX sales duration Including higher discount in our and In earnings minimize subscription As announced lower quarter slightly X.XX XXXX. a We reduce continue at duration duration in prior X.XX years. than target our business subscription pre-billed to to bookings which pre-bill at cycle. of our pre-billed to our our fourth
like I emphasize our Before I give guidance, financial key to some would highlights.
now rate Our strong on XXth for it XXX% net quarters. dollar-based expansion above performance been has continues consecutive a where
year-over-year Cloud in and growth grew strong sounds which Big of Our XX% subscription Data by revenue more partly subscription revenue. our driven by XX% like than up
modified approach. those I've obligation which the new obligation. also XXX new XX impact revenue we accounting out two Asia an drive top-line the to retrospective license adopted performance start on-premise continuing the under the are that X, IFRS operations stream three Pacific support Day ASP to on the attended I obligations quarters. remind host discuss XXXX components; you consists Under split our and of on would equivalent standards, of of standards the required which about our and reaching XXX% U.S. a subscription the and Our like and we from January in adopting consecutive November Analyst are last or to in growth
revenue the duration Now the recognize and license term. spread we of will the have subscription support to obligation upfront the of over revenue
a subscription value. However, subscription SaaS and is stream. the of streams I larger source an overall and not expected to no stands subscription be to open overall revenue revenue. become portion recognition small therefore impact highlight want subscription if upfront top-line revenue of continue change will relatively are to impact minimal our only self-hosting our There is the is portion of is given change this license recognize to The the of and total at the grow and revenue Talend the to SaaS to required will approximately that which and subscription XX% on-premise our value our company we
the approximately to sales bottom expected Additionally, the we to line. of sales marginal positive to required amortize Both the lifetime our standards, under stronger on X be the expected new and have commissions to years. of these a and is revenue impact effects value our is will revenue our over impact which expenses positive customer,
X% to Including and and the both various and including will impacts impact commission X% be approximately of to on approximately fluctuate how will our see year. guidance, X% factors revenue as commissions significant approximately improvements X% basis, operating by we positively of the sales impacted impact our quarterly going and positive on Specifically, on our to to the pretends positive more the to to contribution we revenue. vary will The SaaS margin forward, for depending a it report our be on subscription operating effects, add to the These is on of our revenue expect expected amount margin. X%. operating X% marginal will margin and our
business guidance, for rates foreign year fiscal as of XXXX. Now QX, and assumes which conditions exchange XXXX January XX, the similar
and Non-IFRS shares. and million expected basic to $X.XX total is net in range from $X.X range $X.X of operations XX.X $XX.X count $X.XX For the be non-IFRS in million. range is the $X.XX. to share -- share the are in diluted $X.X $X.XX $X.X be of be of $XX.X share to per weighted range to be million. the That the Net range diluted range expected to of loss million of in expected to and expectations per revenue loss Basic non-IFRS average of $X.X loss in quarter be to to to expected of to net loss loss million first $XX.X million million. million. to is to the is XXXX, is of in And expected the million
be of For in XXXX, from loss is be $XX.X the to million. non-IFRS expected in the in expectations of non-IFRS are range million of million million. shares. range is of million. diluted net And and basic Net to to range per is to share net range revenue full $XX.X million to per of loss expected million to share to expected to diluted operations share expected Basic of range in range year Thank $XX.X $XXX loss to be $XX.X to count is weighted is the and total and the million expected the $XXX Net $X.XX be XX.X to of be in the $X.XX. $XX.X $X.XX average $X.XX. loss a loss $XX.X million be in you. Non-IFRS to
me remarks. turn for Mike final back some Let to call the
