above revenue Thank the of guidance of range Cloud everyone. income and growth third was the foreign end Total due non-GAAP lower within guidance and our our ARR we revenue. headwinds, below rates revenue operating good quarter, to Amit, delivered at expected and the our guidance ARR GAAP afternoon, guidance range. you, lower high results. subscription end range self-managed In high perpetual the results exchange license were negatively exchange impacted range, while subscription foreign
remained As macroeconomic process experienced healthy, turned platform IDMC Informatica to Amit headwinds to Nonetheless, cycles. noted, workloads elongated as and globally. deal demand mission-critical customers we for our
against Since us geographic increased the fluctuations. and comes in and been since and we move a in U.S. ARR rates business earnings has pound, at line levels provides exchange has stronger dollar Canadian haven't total revenues dollar U.S. in to significant The yen, the are terms adversely top and we advantages euro it our impacted recent to there's seen appreciation last continued against currency July of dollar years. diversity, call. our exposure spoke with early British August, in U.S. Although dollar,
before XXXX. on commentary provide me discussing Let QX of the remainder expectations results for
year-over-year and Turning to XX% results. strong increased QX by billion $X.XX Total renewals. to ARR was subscription driven
billion exchange total deliver ARR $X million Foreign expected Cloud impacted ARR for versus impact $XXX,XXX. this increased XX%, ARR $X.X by our year-over-year Cloud $XXX in year-over-year in new third in approximately total ARR in basis. on if year. net on quarter been added the to total we prior $XXX XX% And to growth would of have ARR with negatively year. line importantly, We exchange approximately track not a approximately guidance million, the million foreign remain range. the
percentage total XX% sales year-over-year. a net new year. the X And an mix from versus we prior added sequentially, to cloud, self-managed new added cloud the in of We shift ARR third ARR. quarter cloud million $XXX of continue representing cloud We to million points increase the with $XX in now ARR ARR, net in see
Turning increased cloud. to of ARR This subscription and over over subscription added strong approximately $XXX million. quarter including exchange customer rates, compared versus on The XX% foreign the $X.X million, year was and last year. momentum. subscription guidance We by The in subscription ARR. to high ARR impact third XX% new reflects mix customer in million $X total end our prior of now driven is XX% ARR subscription net the above ARR growth of million and new $XXX range the to renewal approximately year-over-year
was Our X% annual sequentially. XX% subscription The active the subscription quarter of rate revenue a approximately customer in recurring average $XXX,XXX, increase base X,XXX year-over-year grew third on XXX%, subscription per an to approximately net down customers. retention
existing we As expanding first from to of sizes new in mentioned, versus fluctuations the timing of large customers deal new the expect in customers mix and previously to bookings this year. see initial metric the due
a X% Lastly, rate maintenance at points year-over-year better with X strong million of ARR finished XX%, $XXX than expected, percentage we up down year-over-year. renewal
Foreign approximately ARR by exchange impacted negatively maintenance million. $X.X
significantly sales maintenance gradual license we time. reduced and of resulted As which a have decline offerings, a naturally in cloud perpetual ARR reminder, has over in favorable
revenue. the GAAP X% total revenues below an year-over-year $XX were of increase of million, end to $XXX and low Turning guidance. million
assumption. compared average exchange self-managed Foreign standards results. total of with million, an lower $X represented a months total business reducing worse a subscription perpetual revenues million than July impact our expectations approximately revenue per year-over-year revenue impact accounting approximately Subscription X XX% below $XXX revenue Subscription in duration about basis additionally, was contract million revenue And to year on notwithstanding to ARR $X XX% XXX $XX when increased our ASC in guidance expected, to came and solid revenue $X The in license million. compared of million. by year-over-year subscription ago. XX% was
line million that of Stand-alone year, requirements total revenue of professional to were customer million exchange international revenue. represented total X revenue. and from in fluctuate of maintenance of down $XXX expectations representing with revenue international XX% rates have total further on Consulting Our and Maintenance of revenues. $XXX year-over-year year-over-year. $XX X% represented total subscription QX would revenue customers' underscoring U.S. last up International representing greater, revenue percentage grew ago, based support approximately up X% in $XXX a XX% rate revenue revenues. year-over-year renewal XX% to revenue of million, and total been was X% our was X% difference workloads. XX% growth mission-critical Using million, representing revenue revenue. resulting year and education make XX%, the services from we points at
reflecting represented ARR, were pricing, as cloud QX Approximately X And and consumption-based momentum. adoption points Now of bookings cloud XX% QX, healthy customer of IPU-based, also of sequentially. new as XX% IPUs. turning IPUs a to known percentage up
year's results Before unless for our profitability third The to otherwise margin expectations metrics, XX%, similar to moving first I our consistent the was gross non-GAAP half. discuss will quarter, and the stated. with
adding net low-cost slowed we employees QX, the over compared to expenses, operating XX% hiring, the QX pace of in about with new of For of locations. end the hires new XXX
rate on reduced diluted million adjusted approximately map supporting line due spending. share The was the the $XX the basic income was XX.X% a margin cloud is EBITDA reduced was end And to our per in to road We R&D Operating to million cloud rate of spending. of line outstanding. came and shares was the investments and shares. due income million diluted net high based million. income at approximately partnerships. share guidance in strategic with Net Operating expectations in and with was XXX continue and $XX was million, prioritize count of XXX $XX $X.XX, expectations
of capital third And in plus leverage cash the was ended In trailing terms strong in $X.X cash adjusted billion. $XXX XX-month was a update, short-term ratio position million. we quarter investments $XXX of debt flow million. and net resulted X.Xx. structure of EBITDA cash Net with This a
to naturally to of by the then unlevered after We expect this flow $XX the than approximately by $XX was million QX business better-than-expected approximately compared to better end last and approximately end of was due year. capital lower working and XXXX. balance drive a year ability Together, to $XX the to expectations strong collections days cash Xx million GAAP improvements flow tax outstanding. free these cash X.Xx delever million on operating and million our $XX of demonstrate results growth sales to cash and profitability.
for give we X QX. QX expect and QX, about as turn macroeconomic me the you guidance full of headwinds, trend a Now think this reflected in remainder regarding the we context year. some I continue let to to how of months
reflects our customer the on subscription be revenue, manage lumpy self-managed measure growth, you health and, XXX the on we ARR quarter-to-quarter. treatments introduced do the accurately for is continued given know, variability all a the ASC opinion, period-over-period can and the more commitments in revenue We focus long-term not growth as short-term for business accounting better business business. As which of by it
at guidance. Now full year looking XXXX
We are updating December XX, year XXXX. ending the following metrics for the
We midpoint reducing billion, $XX of the the year-over-year prior range due expect $X.XXX revenues GAAP X% approximately expectations following range. the $X.XXX representing total revenue approximately compared to million midpoint, by of in the billion to to total guidance growth reasons. at are At the we
carrying shortfall we are million $XX revenue in forward million, the we expect and QX of less revenue First, QX. $XX
self-managed attributable foreign contracts. is lastly, subscription self-managed from relates shortfall, Now million is revenue and the license impact And to headwinds, basis. negatively expected reduction full the negative due in to durations And as year, impact shorter attributable expect revenues X/X FX perpetual it deal for $XX subscription to X/X on QX a year-over-year revenue recap, headwinds. by expected to to X/X to due is an to macroeconomic we for now exchange
the total expect midpoint, billion we're of $XX compared to expectations. million growth range. And prior in the of the $X.XXX approximately total by guidance We ARR billion, ARR $X.XXX XX% representing reducing to at approximately range midpoint year-over-year at the
negatively year-over-year We for by total basis expect on foreign exchange to XXXX. a $XX impact ARR million
subscription of in midpoint growth approximately year-over-year compared $XXX million million range. the approximately to at We subscription the expectations. $XXX million, range prior ARR the XX% by ARR guidance the representing of are midpoint, we to expect And at reducing $XX
representing our cloud balance of execution $XXX selling at approximately renewal earlier a $XXX motion. expect midpoint in from metrics. the in we about and, million factors macro the as feel of move ARR cited year-over-year good ARR to results XX% particular, shortfall million, of rate the cloud the We cloud-only growth The customer We range. range to
at renewals and updating million are midpoint $XXX optimize $XXX control and to to continue to spending million ARR operating million business. keeping we the our income as unchanged further We $XXX non-GAAP guidance
after million reiterating tax free $XXX range unlevered guidance million. are We $XXX to of flow the cash
QX XXXX, the December are guidance establishing ending quarter as We XX, for follows.
range the revenues at total in $XXX flat the $XXX million, midpoint year-over-year approximately of expect GAAP range. of million We to the growth
of million expect representing subscription the year-over-year We range. ARR to of growth approximately the million, the midpoint in $XXX range XX% at $XXX
the growth in million expect operating cash And $XXX of estimate range And we range. of income approximately range the the free cloud non-GAAP XX% QX million. at ARR we representing million unlevered year-over-year $XX for million, modeling to $XXX flow in midpoint to be We $XXX purposes, of to $XXX expect the approximately million.
to and QX tax expect of year. turning XX% for non-GAAP rate reported similar full net income tax. a a rate non-GAAP We the tax Now and
which settle fiscal and steady-state at long-term Looking of geographic on XXXX distribution taxes we a operational expect non-GAAP our to where expect reflects activity. structure we rate beyond, tax cash based XX%, and of
outstanding for fourth XXX Additionally, shares expect XXXX, approximately we shares. million quarter XXX average and outstanding shares shares the of to to million basic approximately be be average weighted diluted weighted
subscription weighted XXX topic XXX approximately on expect year For believe introducing we outstanding shares weighted considering is cloud-based with the The as to We our Based outstanding community, measure quarterly subscription shares This is investor are new shares volatility and basic business. we we've the had that IR average consumption-based NRR. metrics. also to to like metric a efforts. feedback a million approximately shares. associated as business to pricing final the full replace be self-managed performance we continue NRR cloud and accelerating XXXX, would cloud million removes diluted from be with adoption indicator discussions better average cloud the discuss retention rate our net I'd
our concludes for you an my IR remarks. open may conjunction update Thank We on This metric the fourth with potential changes in line results. now provide And quarter operator, questions. will these you.
