you, Thank good Yogesh, afternoon, everyone. and
to in that numbers basis. be I’ll a remarks reminder, on all are the a referring As non-GAAP my
closed total result above six-figure the the primarily U.S. $X.X from even earlier the guidance would of million, in if The For of impact of was quarter, two million. for our been was our of not unfavorable revenue $XXX which $XXX.X an dollar revenue stronger have Revenue that was $XXX,XXX than since guidance deals our million we September. overachievement fourth range higher FX expected. provided approximately high-end
and consisted Our for range from above earnings revenue per of of share higher of $X.XX of was well the high $X.XX The expenses. also $X.XX end overachievement quarter guidance the $X.XX. lower of $X.XX the approximately
Our strong QX This basis our income expense points the operating year. annual for guidance. than XX% is achieve XX% management to in recent revenue enabled continued coupled higher full us margin a performance and with XXX prudent
addition, result collections million. $XXX by exceeded of than free QX, of guidance In strong cash $XX in as adjusted more annual flow a our our million
by AD&D quarter rates and increase at of $XX revenue million X% Looking actual was at and currency revenue lower of and fourth constant actual million. rates currency quarter on entirely a last as exchange for was X% Total our attributable year constant revenue on on on year-over-year our currency at to license exchange of revenue revenue total revenue and exchange X% was compared Maintenance rates an X% rates for The service basis. declines actual $XX the year-over-year to million, segment. impact basis. $X.X million QX to a constant revenue flat quarter and decreased The were basis. of the last year. X% a in License favorable lower of exchange at a $XXX.X
into segment. factored from our XXXX, offset in closed revenue our increased QX one-time license decline product. by DCI dollar our partially for perpetual in of was guidance past, the deal we’ve a was As multimillion discussed This we role-based and
strengthening revenue services grew was services the and to strong The of while part business. this our maintenance area revenue revenue commitment decision and expected services. quarter The our the constant growth declined by to in revenue services X% our rates and is stabilizing by and for of professional of professional the was cost profitability maintenance reflects maintenance X%. professional in currency, renewal optimize and our flat Although decline reduce
constant as constant Turning currency total past revenue year. year were million to on the actual exchange in revenues revenue currency. in The large OEM at decreased of declined an timing X% million certain $XXX both renewals due both and License our Maintenance declines in license was as full X% lower million, full of $XXX exchange to the revenue and large rates for few compared actual and quarters; year was and the segment deal a and last of QX $XXX both of role-based of and constant was the mentioned. increase year at actual basis. Total rates to just the we’ve at revenue over currency. I rates prior X%, discussed full by revenue revenue AD&D to for year DCI in segment our due that primarily also services
lower to EPS full QX year; basis. increased the $X.XX, Turning was the both quarter as for X% an of XX% last EPS of revenue, for a the increase full represented QX on despite and year XXXX. to of an year our over the $X.XX year EPS compared and overall EPS, versus increase year
year was increase rate our in last by year from for our on the favorable a was EPS fourth both The not by focus reflect positive this Excluding QX exchange XX%. over The management. year tax XX% impact QX full earlier and the expense full efforts on restructuring for year quarter continued the year. for EPS increased $X.XX and year and within year prudent EPS increased full on $X.XX quarter the discussed that movements meaningful impact our the we’ve income the prior in calls, of EPS benefit
all constant down Turning quarter, which was currency, XXXX. $XX to X% revenue is by versus for segment, OpenEdge revenue million at fourth the
growth For which year, growth our last expectations, the have year, both with for from and OpenEdge full revenue our the channel partners was to to from solid flat primarily line full partially OpenEdge applications in $XXX was continues our model. enterprises. revenue partners the our who fuelled partner by we In their quarter fourth license revenue million, year. offset from direct be SaaS increase from deploy a decreased license license the by The
OpenEdge up for QX for $X.X Our year. XX% million last SaaS-related quarter, of the revenue was versus
in most million, both For continue up to well over digits, of the to Maintenance the the revenue OpenEdge DCI the of forward. X% $XX.X the renewals for double an we for increase professional were in the this of low XX% expect for full fourth full the to million year. year. earlier. X% as going versus and year, revenue was XXXX quarter fourth quarter, growth with compared services quarter, decreased and be was revenue full decline last $XX mentioned I QX year
For are versus for $XX quarter XX% OEM the the full the year a the decrease full the year, increase of and Both, million, timing to revenue for certain due renewals. was decrease XXXX. the
revenue for somewhat was we’ve As agreements. our past, this lumpy discussed of in of invoicing OEM business partner the timing the renewals and due to
the these at to timing DCI backlog due can was fourth year-over-year million license of The $XX.X for of OEM of solely end are renewed million, and recognized, end multiyear renewals. $XX.X contracts the as and rise fall revenue at decrease backlog is year. Our is our the and last the of quarter QX compared
were strong down bookings last for $XX and million X% for and decrease for X%. XX% year, the sales primarily increased XX% license the AD&D DevTool $XX the Sitefinity. QX million QX versus renewals for of products Bookings full for large of to fourth our to Telerik of down $XX our full were X%. up year for for Revenue bookings down due segment, total the The quarter due was deal revenue year. role-based year, a the quarter, quarter the AD&D and for for $XX to the both products the are quarter, in declines for year Turning million in million and full our last and
renewals bookings offset and bookings. also growth, growth Telerik year, services by full the for lower showed DevTool up were license renewals the for Bookings For X%, in solid to were primarily Sitefinity. due
down the EMEA XX%; by constant revenue for America million, $XX X%. was $X North all was X%; revenue million, $XX million, America Pacific geography, up fourth quarter. million, was Asia revenue was up at Latin revenue $X and X%; currency revenue to Turning down
operating the year, revenue down revenue quarter, Pacific Asia million, expenses was $XXX and million, were benefit full quarter result and and Latin lower the America X%; EMEA million, program were of year for year-over-year year our up marketing for more costs $XX due the QX $XX for million the well spend. North was down efforts in ago. and $XXX decrease compensation Total year XXXX fourth was revenue Total both full decreased full X%; down XX% as restructuring expenses lower million, XX%. fiscal costs down was than our from The and and both down costs $XX For operating XXXX. the facility million, revenue $XXX America to costs, was X%; a as expenses $X from costs, operating million
have with XXX million income our of the our XXXX more full in grew as X,XXX QX and result aggressive beyond our year last the margin the cost in from and year. cost year. still in operating January from adjustments the improvement positions, the cases, XX% XXX over business. or restructuring of QX reduced both basis by needed our successful both savings, cost expand the margin Even us announced that savings of the our to efforts year original of is decrease able over was to we XX% a income strengthen year ending were execution prior ongoing improvement as additional make income savings for have reductions well headcount operating allowed These in actions and points expense $XX employees. a this XX% of XX% by achieved with quarter at targets for than full-year. we The expectations. total management. margins cost and full-year; Operating for for our expenses the We XX% the We to
short-term of a The and equivalents, to Moving the cash investments balance a few cash ended sheet strong $XXX quarter flow and million. balance and sheet, cash with on Company metrics.
increase at $XXX Our expanded credit during QX includes $XXX we with existing revolving maturity loan, which for facility in ability was the $XXX debt and With balance credit new million. amendment, the million to plus of the decreased end our is the scheduled the of and November And term million. remaining amended quarter, our million facility million XXXX additional from XXXX date have to by facility the our principal $X $XXX this million. an $XX repayments
quarter, credit provides facility us coupled DSO for flow the sequentially strong geographies in was businesses our XXXX pursue from our I Our the the September. collections million approximately flow XX strong earlier. million quarter as deferred the was to XXXX. We free had was The Sitefinity. performance $XXX the and to for cash year. month days quarter, collections of accretive we generation by $XX million at Relative almost in increases the mentioned during revenue day FX Adjusted of flexibility increase was outlined year. well down QX cash to last with with was of year-over-year QX for November. last as due acquisitions X expectations, days, solid the to end of fourth opportunistically selecting down up flat X invoiced cash $X all and the was across primarily flow revenue including QX versus million $XX that for driven Deferred QX strong
current we at end spend we XXXX. which under with quarter, of our to remaining adjusted for flow we In shares million. cash million. XXX,XXX the had cost shares $XXX a full-year repurchased million of quarter, a we cost repurchased fiscal expect was of the million during end At of For by XXXX $XXX full-year, the $XX to authorization at million X.X the $XX the be repurchased the $XXX free and million targeted
our Now, year outlook XXXX. I’d fiscal business for like to and turn to guidance
our segment. growth revenue. a our we basis, million from positive impact DataRPM and We XXXX million of and translation X% currency be between an of versus on This increase contribution from XXXX. flat $X includes revenue AD&D slight On which constant flat revenue and to to a approximately expect XXXX expect segment currency million, $XXX $XXX revenue Kinvey OpenEdge a from small includes
decline contract of We -- of expect expect timing strength due OEM renewals. and our mid revenue single long-standing DCI DCI the to confident to to decline overall revenue the digits relationships. we We remain OEM mid by business by the in
we XX% EPS, $X.XX or increase to $X.XX expect of an Turning full-year XX% to increase share XXXX. earnings per to of to $X.XX versus $X.XX,
Our the guidance for non-GAAP full tax approximately newly on EPS improves the enacted to The effective compared which impact tax XXXX. by full-year our rate of rate lowers to $X.XX year. XX% reflects a lower tax legislation approximately guidance the
to also of expected have on to $X.XX reflects of outlook complete market impact is share conditions, weaker $X.XX rates, the currency full translation of on our EPS have repurchases year. exchange current of end Our positive the EPS. approximately a current the by $XXX for the impact dollar year. $X.XX million targeted year repurchases share is Based At to the we to
for We expect XXXX be XX% margin to our operating income XX%. between and
year QX investments our constant impact making expenses in while XX% acquired for flat the required business. to is will Kinvey Beyond income expense were overall The to on business and guidance we continue we XXXX, QX ongoing an reflects of margins operating the DataRPM of and strengthen included. ability last currency The confident to XXXX our margins basis year are also in at operating target full which and run efficiently.
small In sales product guidance benefit addition, us QX we enable further to functions. action took These and additional of a and actions reflects streamline our XXXX. our during the restructuring early
and XXXX flow benefit higher lower by is for is to $XXX This higher million. $XX offset free programs funding. and cash payments between million reflects our capital compensation variable due million adjusted Our of which taxes $XXX cash guidance a approximately for
X% of On QX to currency a and million, flat million. X%. year-over-year approximately XXXX, positive to between Turning includes impact the guidance of negative revenue assumes positive the million translation we change of to This revenue this $X segments. our currency our be $XX a for guidance from basis, each $XX constant expect
an QX We $X.XX to last for to expect $X.XX to year, quarter the earnings-per-share of compared of $X.XX increase first XX%. of XX% in
than newly non-GAAP of the rate enacted a legislation full the XX% slightly tax reflects our higher guidance for Our approximately lowers effective tax quarter, to our year range. impact which
last thoughtful share. rate, Based finish on of operations as of $X.XX our delivered the prudent our the just as with for overall for partial and translation the to commitment year also benefit EPS on quarter our million will per exchange we’re our benefit from continue solid in discussed. and as In positive Our by in restructuring I quarter business. in actions on making investments expect business reduction for the to full to we our impact the while guidance XXXX, $XX our financial we current year. earnings we strengthen strategy a well QX XXXX, efficiently executed run we performance business cost QX closing, XXXX. evidenced In our In restructuring and currency first includes the pleased structure during fashion our our lean of on approximately operate
for that, to and goals XXXX to committed in creating hand I’d our We’re delivering value to our Q&A. financial shareholders. on back With it Brian like for
