I'll the be very the well fourth increase provide as quarter $XX.X from results an part excited XXXX. XXXX representing our financial Talend Total the outlook as Today, review and year quarter, for quarter third team. year-over-year I'm revenue the Mike. for XX% of third was third Thank of you, fiscal million, quarter the $XX.X growth. of the for to million
the was the Cloud demand revenue growth million quarter million, XX% year-over-year. increase $XX.X continued year-over-year XX% growth. of Talend from XXXX subscription In constant strong or The an quarter $XX.X subscription also drive offerings revenue. third revenue Our currency, for was to in subscription for growth of
R&D in momentum and our direct than data for investment services. data integration, the ninth as grew revenue and data cloud year-over-year offerings XXX% big continues consecutive subscription continue in quarter stewardship cloud Our offering. include to third and more we prep, sales Talend Cloud data quarter, expect integration, to the API
course an over cloud going subscription We have to will more and contributor important revenues be offerings planned the of XXXX forward. Stitch
Cloud Our times quarter. our to and two include quarter. which greater new third XX% approximately not solutions three the products of XX% ARR customers, big this deploy who the specifically subscription data It's cloud, is revenue Talend in the represented cloud together in does today. note of that believe for third our metric important we to represent
XXXX discuss are We is priority approximately ARR This to of cloud most to targeting strategic third rapid half for Talend grew Asia-Pacific and important ARR From perspective, our year-over-year. first to exiting subscription new shift we a XXX% to Cloud new cloud in In XX% represented revenue reach EMEA year-over-year. company by XXXX. than geographic quarter grew XX% contribution going forward. of a third the and the quarter, more plan
an quarter large of from XXXX, adoption million, the prior of our $X XX% subscription We this than with these growth greater from enterprise driven year was Talend's also where customers by Professional see muted revenue somewhat cloud. was their derived enterprise defined $X.X of customers focus momentum grew quarter. quarter. being revenue as to companies QX has XX% more of on or reached XXX driving for XXX,XXX the due increase services by revenue, million of deals in XX% of number and subscription annualized the
our customer use contractors have current requirements. the services professional We of year the to through increase meet grown organization and
discussed our continues make earnings enabling sufficient our ecosystem as and Talend to past we implementation ensure in customers. capacity to calls, integrator investments system for However,
focus our priority for on consulting while more on strategic Our systems integrator implementation services. revenues, broader is ecosystem depending to
For the XXXX, dollar-based quarter rate ended in expansion constant September currency. XXX% was net our
versus new dollar-based reported mix As quarter-over-quarter, prior we fluctuate earnings expansion rate quarter. net calls, existing of can stated reflecting the in our the on have customers
identified rate on currency and landing dollar-based reported. updated for have quarter also expansion impacted the to was XXX%, an out customers. for dollar-based that as point our as in this our impacted net to would focus was today. expansion continue a This cloud I new era our constant net that filings issued on quarter rate like quarter we XXX% now second the second basis number We calculation of previously XXXX our
reconciliation and to our to issued press found specified point profit release and unless and A all metrics earnings are loss be results. moving Before be of can and items, forward today discussing full I'll in profitability like our on IFRS website. would I results otherwise non-IFRS available out, non-IFRS expenses going
to the margin marketing of increase total $XX.X Operating million, period was in for quarter expenses from due third expenses $XX.X XX% year-over-year. the to last for quarter of increase same an compared Our This the of for and XX%, were XX% third gross year. quarter personnel million, quarter higher primarily expenses was third an were XXXX. the the of Sales a $XX.X increased headcount. increase result million
in in our absolute dollars to our invest strengthen We sales engage expect that grow continue we talent, expansion, global to and brand international will identify activities retain to expenses and in marketing awareness. top our continue promotional and and
year headcount XX% especially by were million, greater the by increased employees. the and an higher to to headcount, expenses driven R&D in from $X.X marketing was XX% year-over-year. for of prior increase quarter Our France. increase staff due sales XXX expenses This
in Additionally, to persist in in XXXX. of fourth the there related $XXX,XXX expense was quarter the increase of acquisition amortization an the quarter Restlet intangible in SAS assets
for Our same the of growth XX% expenses was an of additional due headcount this the requirements team largely This expansion of company. increase quarter million, year. period R&D employees public to of in reporting $X.X support staff higher our our end the being for and over XXX the quarter greater attributable the last XX% - publicly year-over-year. were representing headcount to reached a at leadership to G&A growth increase quarter expenses
the G&A the headcount year. for same reached prior employees, Our growth quarter XXX representing in XX%
the million. G&A expansion. our company third being infrastructure, to of loss quarter for a X,XXX to million, operating prior to loss to Expressed in $X.X with the percentage the our as quarter of invest XXX employees, of the compared of to additional public quarter revenue, operating loss our year's third was the operating X% quarter end employees operating the a $X global XXXX. We continue ended compared increase loss at full compared an related in to expect costs We X%, of expenses time incur quarter of We as the third of XXXX. in compliance we support and incurred an
we operating to balanced approach overall, discussed, fluctuations growth in continue a margins, we previously expect profitability. but As take to quarterly and
We and the in as Free flow for strategy. to particular million $X.X to for products $X.X negative a growth expect the period $X.X Net We flow in of compared QX approximately compared was net million, as neutral loss negative million full was part invest the to in of adoption XXX,XXX XXXX. negative to upfront, $X.X of quarter to period our we million, business XX long-term period. approximately cash cash to year free of same year a continue in of our prior in XXX,XXX nine-month the loss the flow our cash the cloud remaining component prior of the on subscription contributed FX was revenue year. XXXX. anticipate our impact recognize the the positive revenue, free The a of for subscription deferred IFRS revenue
September the our sheet be given cash timing XXXX This equivalents We million approximately $XX cash the to paid had Stitch. the of of in acquisition. as the will balance the close Turning we reflected of cash of balance of million. of in acquisition the and approximately XXth, for quarter $XX.X the end cash fourth at
calls, meaningful contracts, during on a of business, and prior does services, reflection remind I co-terming the financial professional Calculated during in dynamics not we our all that IPO good basis, do guidance certain is subscription this We of operating of indicator believe leading as we performance of into As provide the prebuilt revenue and more billings of position. like account fluctuation. discussed accurate renewal business. and earlier, and changes FX a a would mentioned subscription duration, as earnings we calculated investors take billings to view our not and our
previously and duration today. business the X.X some As targeting This discounts we frictionless The new minimize subscription Stitch year. years in from a We on discussed prior quarters. pre-billed of business subscription complexity and during model to duration the on and exactly the coming larger cycle. metrics which calls, is our predominantly and earnings a over focuses were for announced our associated third strategy sales In consistent monthly model, disclose quarter with proportion selling in of one of basis business came reduce the with plan of sales our our pre-billed as self-service customers builds a separately to smaller self-service business frictionless the our rest XXXX.
to I key guidance, Before highlights. would I emphasize some give financial like
driven by cloud part revenue in Our grew strong in subscription by XX% in and Europe. large growth strong year-over-year, performance
with operations Asia to Our growth. revenue over Pacific continuing in are drive growth line top XXX%
Our X% loss margin operating of a XXXX. in third of quarter the was
XX, January retrospective modified As Xst, IFRS is on XXX of I equivalent adopted the XXXX which IFRS approach. indicated earlier, we on ASC a
in XXX,XXX to an Specifically QX, revenue of XX X.X% on IFRS and commission expense. reporting growth of contributed lower improvement
rates of and contribution conditions Now XXXX for assumes as anticipated which XXst, Stitch. includes the XXXX QX guidance, foreign business of the fiscal and year October similar and exchange
of million. share is $X.XX of in Net non-IFRS share loss $X.X $XX.X the quarter is is million fourth total $XX.X $XX.X expected to $XX.X the is the range in non-IFRS in million and diluted expected the and million net net be be range million be count reflects is XXXX, $XX.X to to operations diluted $X.XX per in expected million. from $X.X loss range $X.X of For weighted the non-IFRS of million be $X.XX. the shares. range is and to in expected of the million million of and the in of $XX.X to Net per to be is This expected to loss loss $XX.X revenue operations average range be $X.X be to share million. range basic to $X.XX to to to and Loss in expected basic to loss a million range of from expected to
basic XXXX, of range to $XX.X million the million $XX.X the million. range $XXX.X in the $XX.X be expected is to range expected of million non-IFRS loss of million. in This loss and share non-IFRS operations share per assumes and range to and $XX.X expected a is of is the range is $XX.X be $X.XX and $X.XX of million non-IFRS be diluted to to loss loss the per million to in $XXX be range to net to $XX.X revenue in of basic expected average diluted full to Net fourth adjustments. million $XX.X loss to in expected in count million the Stitch acquisition to transaction of range expected of operations of nominal revenue from For accounting be closing is is to share be total have million shares. is The weighted the year expected and a of of and quarter $X.XX. due $X.XX $XX.X the Loss from expected purchase net in to to to will timing contribution $XX.X Net in the million. the
to fourth in the to loss add million $X.X expect We non-IFRS operating quarter. acquisition the
In expect transaction approximately of expenses of one-time in QX XXX,XXX XXXX. addition, we
to of Stitch business in will point. million approximately operating and of new contribute in this revenue Given frictionless we our estimate one margin growth by invest approximately XXXX plans $X XXXX and the channel, for lower
US basis. domestic a becoming going starting in are we will on GAAP we and XXXX, a forward note should register report we Lastly,
and Our XXXX anticipate Report Form not significant work will IFRS Annual fiscal our results. differences our year filed we have on completed relative any to scoping a XX-K, substantially do be
Let for comments. final some turn back to Mike the call over me
