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of end margin, margin million high $X.XX share or Our our $XX.X was XX.X% earnings XX.X%, non-GAAP $X.X. was adjusted per the exceeded and guidance EBITDA by of our non-GAAP operating
CFFO. sheet $XXX marketable million. During total remains our cash, more generated securities strong cash the of $XX And quarter, with and for million than equivalents we approximately balance
review breakdown a let's detailed our of Now, revenue.
last was to factors. three by strong Our compared year growth driven revenue
outperformed total from to our XX% license shortage, while down was declined the First, semiconductor the revenue auto period. same same which last license XX% was the year, for by we our production, XX% variable period year-over-year, up revenue due
lower penetration technology Our impact revenue the is auto autos. designed AI license into offset increasing of getting by which direct continued variable you would partially production, most see embedded where the from is
than larger Our fixed XX% a in two increased as year-over-year closed license deals result the that normal quarter. contract revenue of
was hosting basically year, last the a from Second, services connected contract. services in have $X.X year-over-year, up number connected was the year-over-year. Without would And adjustment been our time on. revenue new includes million activities lastly, while to a XX% X% projects professional and that one an the customer our to flat of of correct revenue have amortization revenue increase we going due up adjustment, on services our it schedule
the that than Moving every we have than due full challenges fiscal on summary semi to beginning year. excellent to guidance our we the year, were shortages, on delivered expected provided to a results the results the delivered of Despite better we of customers original at significantly the metric. that had face higher the nearly
$XX our On the we higher growth which million achieved original the XX% year-over-year, top guidance. than is approximately line midpoint of
delivered every including metric, in also growth growth XX%. growth year-over-year adjusted of We of and non-GAAP XX% profitability strong EBITDA EPS
million $XX to growth as over deliver increase of XX% ability year. second continued generated line for and we fiscal the demonstrate CFFO, in All-in-all, is Additionally, capacity company's to which versus our company a public results. the year strong bottom last an
the year-over-year, Now let's than which All sequential XX% impact auto the growth semiconductor revenue about full of year, shortages in Despite contributed same production, fiscal of breakdown time variable on areas to points over for a three XX% the the X% review license service production XX the our prior detailed auto growth. year. product of revenue due licenses. higher for and was grew our the is growth License fiscal period. fixed and variable both to up
portion variable autos business As Yet conversational being due the more as auto AI previously into number of well SoPs mentioned, deliver our to as the during we to the licenses we directly by our changes most technology year. penetration growth production. of able impacted of the had continued designed were in
Our number in XX%. licensed fixed and amount to expect million, year, while contract totaled predict, come that this is 'XX. contracts The difficult fixed of to they fiscal and $XX grew we down
our by up which Our new the total up was growth for was connected XX%. revenue year services services, connected XX% in driven
revenue amortization X% time mentioned, year-over-year. have growth without previously or the one XX%. would adjustment, new I new quite excluding professional in strong. In our our that services, With the growth was services was adjustment connected However, revenue been up connected our
in is While to fiscal due to which gross our continue vehicles improvements grew XX% noting growth XX% services worth record for the professional for with services business, as new and service increasing billion. was connected. of consistent by we backlog more $XXX delivery connected get from million resources to fiscal also sustainable engineering 'XX model. The our margin $X important, Backlog is our our to improved as nicely, more 'XX, that Due it's in that a also to make backlog during increased our driver the year, biggest to in bookings strong our ending the our provide approximately time, of connected growth our to installed support a legacy base. off global expected, continue we connected customers And to backlog basis. services bleed as our as over legacy on to continues to the the non-GAAP need
legacy one our a legacy was the of is an contract connected back business Speaking connected of did as that XXXX. Nuance a in off reminder acquisition business, that connected part
return source is the the attributed of cash to cash collected fiscal by now Nuance in was expected have our 'XX. for cash revenue with spin. flow years this contract now to we deferred prior The fiscal headwind headwind and explained And starting We 'XX cash is associated be to to flow us. because behind this to would the how be reporting a contract our now a CFFO most of already revenue 'XX are that legacy
amortization fiscal 'XX down starting revenue wind peaked this year. expected is the However, has and in to
You for can from this the duration contribution fiscal revenue see this legacy million the with chart, occurring $XX the year. annual largest this drop contract, of of
year-over-year our $XX impact So will for as revenue fiscal decline in million 'XX, growth on legacy provide have the an guidance we rate.
forecasts expected This our to the full of production growth using X% Turning same revenue IHS most to plus year be zero our the range recent to period. fiscal plus growth for of guidance, 'XX assumes the is in auto XX%.
pro to revenue; XX%. record range plus be of in an decline last of million forma million this drop However, amount mind, our expected Keep license our assumes in would guidance also growth our X% setting year. after legacy $XX adjusting plus connected revenue in our fixed the in for the $XX after
Our and market guidance steady remains the this assumption. share reflects revenue
is expected auto with expected adjusted previously in IHS generally this auto is talked XX% we pro production, and growth to line As flat about to above according so our growth which our grow points we production. above XX generally to X% plus about, to of XX rate to year, forma be expect
last prior year Additionally, plus consistent the XX% and growth with this of growth XX%. rate year's year adjusted for plus is the
delivered to estimates year, Recall last year more ultimately year exceeding due of clarity of our shortage and and last level about increase has of 'XX to year due did auto revenue be high uncertainty ongoing prudent in the of environment throughout we'll our the $XXX the million the the into semiconductor ultimately we the initially the $XXX it's that supply We continued throughout us semi some shortage As and $XXX guidance when plaguing the update corrected. range. fiscal we conservatism the will COVID, of guidance received. And guidance to end to our million original to factor chain provided semi timing continue for the million industry. believe
to guidance, those lead extending investments particularly higher Regarding make R&D, keep our into we in business, our that translate growth. EBITDA so investments in line top and we're technology our continuing
mid our Although XX% to due add EBITDA temporarily we were we our to cost a the from increase fiscal margins EBITDA to COVID still is that of year. of 'XX. down deliver in high Recall XXs. expect record and to expenses that guide margins that setting last cautioned inflated R&D, Despite back we throughout our year XX% those margins reductions, our plan in ago strong investors the
in be last DA of now year. with this conversion to EBIT flow to continue from and We CFFO increasing company projected conversion XX% XX% XX% XXXX the over year, improve the to cash to
X% shortages reflects according a uncertainties to million the pick that production of essentially be is news on in $XX in the mind impacted keep again, same forecasts, for production. up XX% also our year-over-year to for the impacting the August-September auto auto production revenue good timeframe, change up QX; which is third and guidance period. to into variable the our forecasted in IHS auto our production We've only down to given current license of The revenue. and while in taken or is account not shows a is the down of quarter, X% appears to our semiconductor auto up any starting but IHS $XX about to million of Moving flat, have trough directly guidance by to business risks
$XX between EBITDA, generate to non-GAAP expect on $X.XX of We and and per share a earnings basis. between adjusted $X.XX million and million $XX
And concludes it to questions. this So our prepared remarks. open we'll now up
