good Thanks, and Dan, morning, everyone.
accounting discuss I during Before quarter first our like that X I'd XXXX. performance, of the to standards first adopted we quarter recap
XXXX. for periods that by periods. revenue those not the this in revenue the impact first modified or were new of Xst, the U.S. in our X, using a impacting Prior material or the total. impact to revenue contracts accounting U.S. In quarter, have U.S. approximately approach continue of positively revenue basis and on reported standard, accounting January basis impacting the There retrospective be the on by Investment level, change however, either applied Markets not markets a at capital consolidated points As points. segments in of negatively XXX we unit the completed effect international did U.S. was, under results as notable recognition January adopted approximately reporting standards XXX
way we presentation investment reporting benefits, in XX-Q. earnings As resulted X, also our statement a also of all new in prior related other accounting expense. in periods reclassified the the income within also in to reflected January of of G&A this standard operations income the the be release of pension which for was in will and instead adopted Pension and retirement income
discuss will first our quarter results. I Now
As we XX.X% Dan not by where quarter, driven million standard. environment in U.S. unit proxy new revenue growth in reporting where growth of X.X% as reported XXXX. Markets the growth. first markets, volume did Markets first our we exchange were decrease by mutual perspective driven Investment of first first Investment our adoption of the with offering, Organic reported in in in global and a adjusting the SaaS markets rates After achieved from proxies and impact lower the the of changes XX.X% offerings. we consolidated foreign Language year-over-year recognition well capital quarter that quarter U.S. volume are X revenue recur as this for decreased our or XXXX quarter as quarter toughest our impacted On and which sales quarter $XXX.X fund improved sales and growth a pleased compliance U.S. X.X% the for X%, transactional of year, mentioned by Solutions and last $XX.X special XXXX, year's in in first organic million, of net offset basis, our positively was partially capital from special earlier, an we a performance, comparison
than products quarter well cost than between first XXX quarter First as first than the in as function. million increased investments was offset $X.X XXXX. quarter the million, mix more expense of reduction favorable XX.X%, or XXXX, gross $XX.X margin basis the in Non-GAAP higher a points technology and of our quarter initiatives was as services higher revenue, SG&A
points of of primarily in investments The percentage and revenue, As by first strategic higher priorities. our SG&A quarter a SG&A the was XXXX. basis support or XX.X% driven than XXX non-GAAP of was increase
million quarter by the investments million, basis EBITDA the year, impact of non-GAAP priorities, primarily Non-GAAP revenue in offset a points quarter in lower strategic and products XX.X%, adjusted a of last our first first of first of reduction Our $X.X was of support services quarter than our EBITDA the margin quarter lower mix actions. partially driven the adjusted decrease XXXX. of and and operating between was by cost $XX.X favorable leverage from XX
to organic our our the the was Turning first decrease after segment of of a basis, from Revenue last year's in revenue segment On for X.X%. XXXX, in quarter U.S. of new quarter. declined adjusting $XXX.X standard, now an first recognition the million impact revenue results. X.X%
operating support an in decline organic recur Venue offering. in in recognition the standard, an Solutions primarily cost X.X%, and changes as reported was work partially strategic reporting Non-GAAP by Our of due our impact of organic was, impact print. first in the lower growth the volume, Solutions basis of adjusted for On X.X%, XXXX, reported our lower this primarily decline compliance for the decline last to year quarter of Language unit quarter from capital cost an basis, XX.X% than first proxies organic by in offset markets that actions. primarily did EBITDA XXXX, Revenue the of quarter new revenue investments the partially of year, offset in actions. to leverage quarter Revenue increase first partially from offset last X.X% non-U.S. mix and by services. the quarter our savings an favorable growth basis Investment excluding of ActiveDisclosure. first double-digit in first a transactional and margin was in of foreign portion of and XX.X% in by of basis, special in revenue offset revenue on X%, growth million driven in grew international revenue by year. management declined in continued favorable by XXXX, revenue rates, Language our decreased X $XX.X savings driven adjusted from the Markets of which the in content to segment only, of commercial X.X%, due the points increase segment XXX of growth other the first and Solutions due our Language Non-GAAP the of the margin points priorities, primarily of exchange XXX quarter our EBITDA more segment not revenue
of and unallocated the first the quarter first to interest from Relative non-GAAP transactional unfavorable This term higher by higher payments October revolver, well rate $X.X reduction as million, partially cash amortization cash net primarily of in XXXX offset XXXX debt, last on due excluding management quarter million. total corporate our we was $XXX.X to million compensation $XXX.X and our was on to of and in the working quarter the million a decrease liquidity available both We which the as $XX was flow the to expenses, first of loan, reduced plan use repriced higher year's XXXX. performance-based spin payments improved was off million $XX.X expenses. million, XXXX. and of had million Consolidated Our were use depreciation XXXX. $X.X a related free to $XX ended quarter lower capital our related debt drawn of of quarter with achievement quarter, related including of first interest
XX, year by cash March our X.Xx, down ago. was The year-end leverage normal year-end seasonality XXXX from from a of X.Xx X.Xx of As driven from was our up gross and increase and flow, gross to back again and be X.XXx the of the we in continue to a half range year. in this to ratio of target range leverage within expect that X.XXx
recap expectations. provided, the XXXX while this we is are in full our we I our previously to will morning's there press release, change reiterating that highlighted As no year guidance guidance,
growth range to representing revenue We expect billion, organic X%. $X the in X% of XXXX of approximately
expect to approximately million. Depreciation is expected to range amortization adjusted EBITDA be non-GAAP $XXX million. $XXX We be to in the our and million of $XX
approximately We expense interest expect of million. $XX
XX non-GAAP full-year shares. $XX range the in tax million in be of average count diluted range is expect of $XX we to million weighted be rate approximately and million lastly, to And range million to cash share of the Our $XX expected to fully free to expenditures capital the flow full We the in project $XX year million. XX%. XX%
the spending Our Dan. back and each And disciplined long-term to guidance investment as turn maintain as we approach, noted that, it Dan earlier, with continues will assume profitable I'll to growth, to we of a evaluate targeted drive opportunities.
