year regarding Today fourth Mike. to XXXX. our heard adoption on for growing for XXXX, the the you, which are results the ASC current well momentum foreign XXX, provide quarter for for our To financial like their and subscriptions, The proportion revenue of will the we've the structural as entirely begin, impacts XXXX. the and I expectations first of fiscal of our Thank There financials address fiscal review effect and complexity outlook cloud the quarter feedback our year and of I'd three exchange. belying of are recognition business. ratable as
of of mentioned, as given at XX. for accounting those grew by recurring million results We recurring active into As revenue as duration. financial ARR the it our as results. measure or we're the cloud ARR XX, period. the revenue of X% ARR December value of factors changes, of which accounted contracts XX% disclosing to $XXX.X defined end includes shift XXXX, Annualized Mike December disclose our annualized annualized not and This year-over-year. as obscure Stitch, contributing all total to greater long revenue clarity affected provide contract as was is We'll
from onetime GAAP under when breaking as Please XXXX. domestic note out are reporting contribution a XXXX X, a disclosure. as U.S. we we required filer are on financial January QX the results We became Stitch
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SaaS and subscription the Cloud QX. fourth continued Talend of impacted points year. revenue fourth new up two full XX% represented the both for strong in from Talend our XX% the offering negatively in quarter demand in exchange for the by The Foreign percentage growth fourth Cloud for ARR quarter. quarter,
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this nine For grew subscription Cloud million September comparison Stitch $X.X purposes, by reached on a stand-alone of basis, as ended XXX,XXX for contribute months their XXX revenue. Talend or defined number of enterprise customers, revenue with is to companies the XX, growth more annualized XX% the of generated beginning and quarter. XXXX, to where
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ended rate dollar-based XXX% our expansion was XXXX, currency. quarter in constant December the net For
fourth earnings quarter, As $X.X customers, expansion XXX fluctuate net due points we have Professional It calls, was on stated our revenue-based million the monthly that up services can rate, important metric was by is this in quarter-over-quarter. prior year-over-year. ASC XXXX to revenue which boosted note adoption. a to XX% few during percentage dollar-based excludes
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customers. remains services demand integrator supplement enabling focus partners to on our Our our systems from primary
our profit out move to expense on our and issued would point GAAP I between website. that results otherwise items, be to profitability and and full unless today loss results. metrics I'll I and A found be available in non-GAAP can all are like earnings discussing non-GAAP specified, forward reconciliation Before going release
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will on to our business. provide data We big trends continue color on-premise for
in ASC impacts of XXXX. revenue This forward Before for summarize XXX provided tailwind growth. results not guidance. our I'll in Adoption QX XXXX, of and structural XXXX providing continue between guidance points X percentage QX subscription the a to will tailwind
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subscription in Finally, of approximately and negatively to we revenue percentage still by operating Stitch $X million XXXX. impact expect X points margin contribute
conditions rates similar and year the fiscal of XXXX. which exchange XX, January assumes XXXX for QX guidance, Now as and foreign business
$X.XX. $XX.X quarter first range million million be revenue non-GAAP million basic is to and $XX.X loss net the in expected range of $X.X $X.XX, range share is from non-GAAP of Net in the $XX.X to to $XX is and For expected is $XX of to be range to to $X.XX per of the in expected and $X.X be of diluted million. $XX.X loss Loss million be $X.X to from to is in in range range operations diluted net total loss per in the million. expected loss $X.X non-GAAP to expected million. be to and shares. of million XX.X XXXX, is average expected loss the million the basic based to expected in the the to million, to of million, be share and Net is on This count is of share range operations a be weighted to of $X.XX
million expected This and and second revenue non-GAAP With quarters. do $X.XX we to quarter by is basic diluted $X.XX. and respect to XX.X of to million $XX.X in in the of our in range loss to third million, full be is is Loss year million. in net of based $X.XX share basic and to for total we to million. to to million, from patterns, is share the is in XXXX, in range to in be expected sequential and Net from range trends of the expect per million. the $XX.X million count $XXX is increase average to to expected particularly is $XX.X XXXX range quarter in a $XX.X with not share is seasonal the million of $XX.X diluted expected in For the loss of be the Net be be to $XXX to loss expected loss and consistent expected on fourth revenue $XX.X and million $X.XX, million range to per $XX.X expect be range to operations operations the loss to prior be range of net $XX.X non-GAAP the the sequentially shares. non-GAAP of revenue growth expected expected weighted
that first of of half stronger should the to XX% some of our demonstrates the our given course investors data results ramping will we year scale and this half bottom assumptions offering. in big the of revenue this line moderate ARR second and the our growth expenses, XXXX. the strong shape of and Given curve momentum, over total our as our for conservative be in growth weak To on-premise expect continued sequentially or summarize,
impact this the over will year. largely normalize subscription course behind in currency XXX ASC us the With of constant revenue XXXX, growth of
XXXX are Talend contributor the We new exiting this is our particularly Cloud at largest to with excited opportunity business. year and
Our strong ecosystem market of continued well and leadership, customer the and cloud. innovation and advantage long-term this take shift to partnerships us industry to position
Let the to call Mike for me turn back some comments. final over
