implied are I you posted to stated. good billings Please and financial everyone. that on note Greg commentary other like in and as you metrics website. as all otherwise we deferred would revenue, tables to Thank remind well references non-GAAP, to unless have our materials our supplemental Relations and Investor information CFO afternoon
which at acknowledge we that in the mix the versus the product would and anticipate shift comments, QX in-period shift. not light of in to As impact built this, we its we In his year in and Greg ratable ongoing did of revenue. business of discussed speed ratable segment fiscal our our into to an our impact and business have XXXX Enterprise now outlook Enterprise accelerated
which will of now deferred implied quarterly, revenue, reporting becomes visibility as the Enterprise provides be business growth We ratable. additional addition to into billings the it in more
for me Let more QX review in now financial our results detail.
This Our third the low-end revenue quarter $X.XXX comprised below at range prior high-end range. Consumer Enterprise was Safety of was revenue of guidance and billion. guidance revenue our prior the Security Digital revenue of our revenue
in an X%. Consumer revenue organic acquisitions for for constant Digital revenue, X%. Consumer growth in and at in growth Safety our was segment growth Digital divestitures, X% At company revenue revenue segment same and and decline comprised adjusted up time, Safety revenue Looking Enterprise deferred segment. adjusted year-over-year year-over-year segment and Total of acquisitions of up was was Security currency, Security divestitures: XX% Enterprise our X% Year-over-year the growth of
indicated we quarter, we business combination As segments. look in-quarter indicator of last revenue recognized as strong health and a revenue the our of of deferred the at
came in lower business ratable due and primarily mix to the Third quarter segment. our in expected product of Enterprise revenue than
pipeline As saw of business built made opportunities. ago, discussed trend guidance. of prior our second quarter coming the up our we increasingly ratable we The cross-sell larger our towards was a than into large, QX and forecasts into was was QX in significantly quarter business
we in closed, which of strategy forecasted. the accelerated referenced, the proof Greg working. are some we our However, Ultimately, Enterprise quarter, that transactions than faster trend is third
strength of above our growth, deferred Operating XX%, of the flow. implied guidance our see and revenue for the the prior can business You of quarter in billings cash range margin was high-end programs the cost to cost the including net margin reduction discussed operating the of business. efficiencies, the across XX% and synergy last continued result XX%. The we quarter, of operating was higher third completion and
tax. to turning Now
year-to-date tax. reduced favorable by result tax earnings $X.XX, in the of of for tax for our income liability liabilities On adjustments taxes. QX XX.X% higher related of tax As our This XX.X% operating in $X.XX above $X.X to fiscal our foreign we true-up. high-end $XXX Fully U.S. tax accordingly. of trued of rate margins rate rate to QX effective was reform, recent QX, prior a diluted earnings over deferred just per was effective provision of tax includes a partially benefit resulted of the XX.X%. offset tax to approximately GAAP approximately a and $X.XX approximately basis, estimated deferred billion XXXX a re-measurement This million from a and guidance share from for and one-time from previous rate impact by up a effective transition our range, impacted the provisional
share the XXX see shares million, operating dilution $XXX the as from range, convertible by website lower million benefit, see where less convertible seven rate at the from the lower business. was due from share our across guidance million effective near tax was million. XXX stock count to quarter price. CapEx achieved our enabled to of you in-quarter Fully primarily the our prior the Cash tables $XX at diluted our notes by our posted Investor of driven the to shares cost impact Please million and QX management was notes during activities can various prices. flow dilution to Relations outstanding Excluding we EPS guidance high-end diluted by compared
loans. the prepaid million $XXX of term our During we on senior principal quarter,
is sheet. and held billion we we billion near was quarter, the notes. quarter. in of $X the for short-term foreign of of from cash by investments available to of approximately the third the on subsidiaries, the reduced our year the $X.X had in balance billion of over the $X.XX our end of billion third billion identified as the convertible have debt have billion At end this at $X.X beginning $X.X $X.X that We balance at repatriation fiscal gross term. which just
result expect on would As of we U.S. that incur reform, additional not tax tax repatriation. to liability a
tax expect We go-forward our update in and strategy next conference capital you considering call. to of our earnings quarter's light reform allocation are on
As Board repurchase of million share under we authorization remaining our have $XXX our a Directors. reminder, current from
discuss QX in detail segment Now more let's operating performance. our
First, Enterprise Security.
segment was organic year-over-year Our an Security reflecting of currency. in million, $XXX revenue X% Enterprise decline constant
were historical growth Information to believe business to of as our growth more transition increased ratable to IR business important is mix. in will our billings cross-sell anticipating taking time. low billings hear Enterprise posted continued of contract As high are sale Implied the implied WSS short for more consistent implied are into shift XX% you we the the revenue and part duration QX. deferred seven quarter. the the double-digit guidance to billings and growth excluding divestitures. or at million of Adjusted included to of the revenue month deferred $XX Financial year-over-year, with completed million Please which single-digit double-digit DigiCert billings fourth an up any quarters segment in my Enterprise as October. is account as for We a believe our know, in the and website. around product of in million term business results end to PKI we October growth of QX providing strategy, disclosure term. and data Supplemental related XX% measure was ratable of we After solutions year-over-year, consistent our supports the Enterprise Security from revenue, we solutions And overall now growth is the new expected $XXX implied implied up our $XXX comments, with was of we long as over are impact billings which these you note, of
the as of up the points segment operating XX%, Security cost optimize business. continue year-over-year, to over structure was six we Enterprise Finally, margin
Digital Turning Safety. to Consumer
revenue segment organic year-over-year in X% $XXX Safety currency. constant and million was Digital Consumer growth reflected Our of
was to ARPU the million end Moving per the are quarter, commentary: X% of defined count to Direct our at up from QX. in metrics, CFO customer which increased the month, Consumer QX. from up Direct XX.X slightly $X.XX
of expect recall, these other margin a efficiencies. approximately this related in any in you investments marketing of If to the ahead and into operating operating increase and timing is point customer pulled XX% is Consumer XX%. represent point Sequentially was Safety margin time. part we stream to statistics Digital we in at QX, five revenue direct spending one
Moving to outlook. our fourth quarter
I $XXX Enterprise outlook and in X% accelerating the due the sequentially transition. year-over-year WSS/PKI ratable segment to currency mid-point to mix. of ratable constant our at mid-point QX As revenue guidance this in lowering QX, to our currency. business business the are million building million to which expect our represents $XX segment the of ratable now X.X% well an we over mix shift to billion contributed in million, year-over-year $XXX at the quarter in as This of organic growth down $X.XXX billion. divestiture, revenue organic is This increased into to mix. We constant are revenue shift revenue indicated, down guidance due reflect in rate from fourth Enterprise in $X.XXX as
Greg we our representing the expect, XX.X% and medium-term shares. forecasting on organic count Digital year-over-year growth of well. any currency business rate in in the million XXX of rate our an in $X.XX outlook. Consolidated our mix growth XX%, to we business XX% will as growth to of share are QX from Safety growth underlying operating excluding pipeline an QX, expectations billings are $XXX and QX, but fully $X.XX Consumer of of evidencing of and to million constant a year-over-year higher EPS As in than $XXX implied Ultimately, for at ratable million, close diluted an X% double-digit business tax impact we divestitures, mid-point, supporting effective indicated, revenue higher margins of of
$X.XXX previous to outlook. the billion. segment. the in to from Now constant rate expect down revenue our guided the to XXXX in billion year. previous $X.XX. to representing moving XXXX to margins to of transition billion, revenue guidance Safety currency X% rate XXXX $X.XX an of of constant full to Enterprise our Digital of $X.XX, fiscal XX%. of organic $X updated We $X mid-point. year for diluted Consumer $XXX of million. revenue to billion, to at of X% XX% of compared of to roughly $X.X billion. fiscal reflecting $X.XXX represents our in billion operating fiscal around year of compared billion guidance now previously decline Security over guidance to $X.XXX shares And This currency fiscal approximately year guidance organic $X.XXX cash a billion Consolidated from XX% operations Enterprise year high-end the EPS $X.XX in previous year billion, year XXXX of $X.XXX growth $X.XXX XXX our growth for flow million range Fully of
a fiscal our address that XXXX year our segment. Security a year transition in will ratable model for XXXX evolve of higher outlook and with Let revenue be our financial XXXX. we in believe fiscal company Enterprise as me We to in mix
digits that low to grow segment mid our in XXXX. fiscal to in Digital continue We organically single expect Consumer Safety will year the
We as Security XXXX, revenue year in mid single high fiscal be from segment expect growth there. the we exit growing with high and to visibility Enterprise digits will our that
the Enterprise of flow. business During transition, this be measure costs and billings segment. management strong important and during investments expect of of our transition, trajectory model And disciplined growth an Security across the the will cash implied
beyond is intact, fiscal the Our EPS medium-term revenue growth single-digit with growth XXXX, to in mid and outlook, high teens. year low
low Digital and organic continue to the segment growth revenue We organic single high mid to expect Consumer double digits. to the low Security growth in in revenue Enterprise single Safety digits
expect currently to We reform the and rate bill effective benefit tax estimating tax range. the from in are our a XX% rate XX% will
estimate rate months fiscal as over part as the XXXX. consider we savings from will reinvesting next of rate early and lower tax a We effective expect the hone further our to tax year few effective
We our and XXXX for guidance our will on financial outlook fiscal full provide fourth quarter specific call. earnings
over back some to remarks. Greg Let the me turn call for now closing
