for Thank range joining million. revenue you, Trent. We guidance you quarter, third the the and thank our outperformed $XXX compared delivered our margin $XXX.X revenue In we us. of end EBITDA of top guidance. adjusted Good afternoon, everyone, million in to and both
In of margin. we EBITDA backdrop. proud basis margin an delivered so adjusted a global margins, terms million I for points work for am challenging XX.X% of team, XX.X%, $XX.X our EBITDA tirelessly macroeconomic of guidance of a adjusted despite continues above to which our XXX
invest the million result In efforts, cash challenging. of a of for and with As maximizing between CapEx year our along the our to improvement, continued team our G&A revenue, and has from up sales face challenges, the guidance these in generation while Despite $XXX to $XXX these of initiatives, continuing on by optimizing and million spending $XXX to remains revenue AI full in generative marketing environment midpoint our we're increasing focus this million. growth. drive a
As excluding Heloo in earnout payment. in impact $XX.X the a we free flow result, of our cash quarter, the generated acquisition million third
year $XXX will full growth the of details through of for $XXX more QX flow the more to our million results million, and our free more we're As strategic signings performance than going some discuss the of a I'll cash payment. increasing result, time some earn-out and initiatives. detail in guidance spend excluding than then our
top continued clients. other the delivery in on QX approximately offshore largest by impacted our updated Revenue from XX.X% grew demonstrating XX our at Revenue QX all X% other X% while efficiency declined the as to by by grew operational year-over-year, X%, Total delivery from declined our of of with certain XX top as in ranges financials by well our the U.S. be strength from walk as our a client initiatives Starting XX business. our of of by declined geographies guidance remainder Revenue revenue X.X% well by year-over-year. current outside revenue as through top model basis. of year-over-year from then All clients optimization will you the clients. for clients the year-over-year as XXXX.
our use at into Looking number cross by of clients the XX% offerings, service our our year-over-year, sell than increased nearly base. specialized our who one of more services to demonstrating ability
with digital existing signings Focusing as cost offset volume in declines by at from few and X.X% revenues new QX client optimization as XXXX compared Revenue experience. declined first were other clients by largest as customer initiatives on declines with of in a well and our client expansions clients.
signs, relationship win enrollment we're activities across Within care, for services of With our QX, In supporting spaces as seasonal terms certain to include saw X of In peak AI health contributes and the our open contract clients savings. winning QX in year current consolidation. returns on our leading developer the with supporting the providing to health from signed seen our to us geographies. in and This service large support with expansion QX. opportunities multiple this of client and as care confidence signed market. acquisition see we from engagements DCX in to emerge now clients expanding expansion model to our as to lines following services, clients services. we networks multiyear shift internal and a are of continuing volumes look a full of industry well world's transformative specialized in an company with diversify cost recent providing technology we revenue our in clients business expectations. DCX degenerative customer competition services its our all to language their sales raising delivery investments drive this to Medicare major We are the partner We've cloud-based
our as continue in We invest and expansion a technology providing clients an mental sales for coding in also signed acquisition seen to where growth. services demand we're services and an credentialing, of We've to health solutions provider of customer charting services. increase our
and quarter top acquisition, ourselves the TaskUs in delivery for of one food our services new merchant signing to to multiple on-demand provider transportation. incumbent these provide a expanded in We at now clients our larger largest clients. smaller markets. from after prove came and travel multiple geographies we client, X large services This a cover Our onboarding replace activation app and
acquisition to We our clients multilingual growth in verticals our also TaskUs technology solving most and added brands needs These choose support global their continue to additional sales at their and challenging our work scale customer and of complex approach tech for and ability support because forward to e-commerce and during retail needs. QX.
and offering with compared certain service XXXX, QX in our declines fintech continued from large largest increased by the social by safety. growth media as the we and equity trading Moving as clients our saw largely client. on travel volume in transportation this to well XX.X% growth clients offset and on-demand markets. of more This trust driven the Revenues than in
a teams, addition our and work deliver detection As the trust which and financial of also risk moderation, compliance, in to reminder, risk services response content our and safety include fraud services.
work our quarter.We the changes, grew separately demonstration unsatisfied by technology XX% that important safety services to spend. developer expanded due accretive lack growth specialized We entry don't client highly and report was offering, relationship with of revenue vertical. of overall QX authenticate massive of trust and innovation. rate the a clients for we largest and number safety the win to risk was this represents submissions another of This a annually response in trust client community by using solutions and to Safety safety our to continues providing won trust we validate marketplace. offshore point our While increased year-over-year. the complex solutions world's onshore our impacted from base. client from their clear largest to This is we're client, We're app success exclude the and competitor XX% with and grow. revenue all growth Trust our to Demand work one pleased a our selling this services of by mix trust safety their addressable an our If our for of to with and which to was The with companies.
but We for expanding multichannel communications world's Shield continued also internal protect great all signed and in row. a teams. to the contract gaming harmful professionals leading for relationship quarter and flexible not platform, delivered includes using options. our a interventions Notably, a online a the fifth proprietary technology example and by Shield the a is for our of content. wellness implement us social work we from emotional of impact the safety one and in work user It to deployment leadership also is all moderator to platform a this variety of content. reviewing their designed of deliver done platform. proprietary safety who offensive is the health This reduce content with tool TaskUs wellness of TaskUs The only now client develop, is tool for by Shield the commitment a wellness
our to service on approximately basis. on million $X.X Revenues or Moving AI a declined year-over-year XX.X% offering.
Here, our vehicle at by our we've contractions autonomous simultaneously largest client overall impacted client. been and largest
services, AI of and In efficiencies with AI implemented reduced TaskUs strong AI services. providers We leverage we've relationships processes largest have outsourced both very greater and XX% new AI services on be to to large clients of global to their we these continue the continues footprint our spend behalf services. more one the in we year response of to expansion our number client ago. continue of utilizing on versus the clients an QX, same both utilize a see TaskUs Despite dynamics, had our to clients. clients quarter In
small we expand these in have clients some While of started relationships work, these project-based expect or to the future. engagements with
autonomous the Additionally, generative in AI services vehicle particularly strong. and our AI segments pipeline, remain
Operations. an our business we quarter, vehicles field. vehicle Vehicle is the expansion technology the providers in During troubleshooting work, Safety an complex of supporting signed new autonomous This
response field. for event supporting issues our critical AI the in new in over We're clients' this technology-related the the take safety riders. affecting excited now will We real-time operations of service
of a data of earlier for year which also at as well new we launched Tasks our line. largest provider, GPT leading Last implementation we our expansion We and this number and service highlighted with saw client. our as a projects analytics money quarter, AI client advertising
quickly using to Tasks respond accurately and Our teammates customer are questions. GPT to
has voice improving completed rollout for in of marketplace We implementation average large in Tasks handle improvement and e-commerce a meaningful and times GPT satisfaction. also unique Tasks support for customer and a demonstrated chat GPT goods. recently while both support the both creative cases, In of
the technology clients growth, we accounts, serving and From enterprise expanding global specialized service Tasks focusing flat client and discussed with ended quarter. new prior we new teams XX,XXX X% and increasingly to X At a outcome of to and large with the QX of leveraging return areas on interested focus geographies our and start last see teammates, services. of subscription-based from to this year pricing revenue year, from headcount our from GPT of and through demand continue both clients QX sales with decrease existing Our in a perspective, compared models.
me Let from we're making discuss these some we the support the investments initiatives. results seeing of to growth are
to continue XX This has team landing retailer. months. continuously team our versus companies. we world's us for season, largest technology quartile large top service expectations, our Throughout the we're relationships ramping with the appropriately of year, a partners expand client's the once operations First, their global e-commerce high improved just this again a in holiday in
will We our then time. staff to with this size and and holiday look the double services additional client expand versus of over geographies into XXXX
engagement technology We trust safety the also another signed world's with largest our of one and companies. first
Here, app store. review and improve submissions to the work developer we're complex to doing
one our Finally, scope of of autonomous we division of with these companies. expanded the vehicle work
e-commerce international and our vehicle well-known providing seeking of solid businesses, continue in our services and Amongst a retail brands. retail technology brick-and-mortar from house clients, provider the of safety fashion Americans ramp technology care support and our a progress signed we've solutions be vertical, health will of assistance. the e-commerce. mental In health athletic We a health the and made of In to care and in to brands we clients, of operations apparel multiple market provider provider and enterprise Medicare one for technology of including vertical, to footwear we U.S. best-known world's a
service client new teams clients. to continue drive and growth invest across in to our and We sales existing
than serve new Second, seeing from increasingly XX% Latin clients continued year-over-year. traction strong to We're America, global where more particularly again expand in we grew by to we've geographies. revenue
our governance, signed clients provider large MedellÃn we client cross-sold Colombia, successfully Colombia. services, management new in we our services. a seen software desktop work of Japan, We of on will for This growth geographies global and Cali in the Revenue our from for X supported of compliance brought clients these expanded quarter, one operations heloo QX. Colombia. of and now we language but delivery multichannel of and We've from nearly top Spanish part bilingual support be one remote with as in Asian to where XX% This by a both acquisition. language delivery global software of solutions the support and Taiwan German-based Malaysia year-over-year in the grew risk provide we will from provider Croatia
also audio leading we of and expanded quarter, streaming our This of platform from our large travel Malaysia. one clients transportation world's in support the on-demand
a of commerce global and to provider signed also We financial a contract language provide technology, support Japanese payment integrated solutions. to
We services to to in site new also revenue we global a language and continue clients. Croatia, our where Greece, grow recently our providing launched European
in and I we've significant continue mentioned safety offerings. the we in across of terms our Lastly, to offering. services, specialized trust traction our see growth seen
future rank as plus and the of leader industry-leading report AI was Our QX. highlighted is humans their once intelligence, the during by trust they again as safety augmented a in Group position Everest
synthetic continue user-generated safety we've overall this the area will in long-term market. the content generative in And progress and growth We great lead to growth that generative quarter. trust AI AI, in to data the of opportunities made believe and
expanded provider. model language support our the relationship, we services First, leading large to providing
more have deployed these GBT we a as both productivity client and instances improvements seen to for significant satisfaction clients of Additionally, of result and implementations. Tasks
Our in bring revenue will time. encouraging, progress back initiatives growth that us I'm to growth and on these confident is
at and from of As at team $XXX last the year up efforts I the call, have guidance our $XXX million, guidance increase to revenue midpoint the led an the in million provided range of of mentioned our we the of million full between quarter. start $XXX tireless
million revenue. the fourth $X seasonal to between expect million $XXX This generate quarter. $X and $XXX revenue We in to in in includes million the million
volumes, ongoing to expect impact reductions see we uncertainty. losing volume of seasonal macroeconomic In some given addition to these continued the
decline year. XXXX from result, to of this As we a revenue expect QX QX
on provide our our call guidance earnings year year. next annual full We will XXXX revenue early
on Given growth improving margins the cash team environment, and uncertain our flow. been has hyper-focused
our margins, EBITDA resulting continued margins In adjusted XXXX for of automation cost terms XX.X%. optimization, QX, of now of to in to technology-driven In ongoing our of margins expect the deliver prior compared EBITDA XX%. improvement QX XX.X% our and our this guidance $XXX associated light full adjusted range, on year flow pay guidance dividends environment, process with QX very performance, of focus in shareholder upward. in We deliver value. million heloo of free We free been cash more than the cash using any flow now revised we focused at on payments has with outlook In point are our our expect to generate acquisition. excluding on of cash to
is As business I first growth. discussed, the our to drive in priority to invest
future. to continue in of M&A use value also as to a cash see We the potential drive
the However, with seen we've valuations not public still market. aligned private market
M&A Given to our just X.Xx, leverage low positioned we're ratio on improve. well quickly move when of valuations
in attractive TaskUs, as noted continued As public given cash today. of an QX, share repurchases valuation use the we see of
time, dynamic the a provide structure the lower QX. shareholders. detail in our initiatives strategic repurchase program. value our Balaji while against over start repurchase third see more our focused that, the diligent will our were repurchases remain as million remain the outlook active more of prices. for result plan hand In closing, since in shares at creation. the purchase in much As market driving to more more end for us and and our our stock quarter, and we QX, to during of these go attractive capital QX on We growth, for use had repurchased repurchasing We significant at of executing very driven X.X we growth than the that through levels at that cost With of it our believe I'll to by as value returns, allows on investing shares financials same share and
