Yogesh, you, afternoon, and Thank everyone. good
remarks As a non-GAAP basis. in on numbers I’ll my referring are reminder, be to the a all that
FX million, since was related $X.X a million guidance For in our was $XX the impact weaker revenue first which our provided the due of U.S. high-end primarily revenue overachievement favorable January. total to dollars, of approximately guidance quarter, was to The $XX.X million. our above we of $XXX,XXX, range
The of of grew high-end us well XX% of guidance per performance for higher an from expense share was the of earnings increase year. continued $X.XX. QX of and prudent coupled Our our the enabled $X.XX operating last XXX overachievement solid consisted a for quarter to $X.XX expenses. lower range management The of points basis over the from $X.XX revenue $X.XX with year-over-year margin above quarter, XX% revenue achieve and
rates our was million for at constant our The to our at direct revenue $XX.X DCI channel compared license was of is exchange revenue was to first revenue X% currency rates license showed last was currency ISV favorable year-over-year due revenue The million X% AD&D and at increase services million, in OpenEdge, constant from a and rates basis. higher of by our on a a in segments. and rates on actual constant by declines from Maintenance revenue the as million. $X.X our an constant $XX.X segment, of by increased year revenue year-over-year impact revenue growth, $XX.X X% of increase currency QX last strong of quarter and more flat currency exchange offset increase enterprise flat exchange than basis. X% year, a at consolidated and Within at declines on customers. actual on to total offset basis. exchange X% quarter OpenEdge this slight actual an Looking License
is last The operating and account. year lesser a consistent quarter to optimizing lower well and offsetting much reduced impact also professional our primarily revenue as during performance higher a slightly our year-over-year The improvement significantly I of This impart our rate improved quarter. maintenance a margin. resulting services services early higher discussed expenses the currency our operating our $X.XX efficiency. performance constant on during of last quarter, rose the gross Costs to decreased Although with to goal extent revenue XXXX in quarter in lower restructuring a profitability and tax first flat maintenance as due as EPS professional improved was $X.XX year for for on as XXXX to revenue. movements revenue services share an fourth compared result of a and to the was was rate the for lower professional and than services favorable of exchange EPS QX call. $X.XX basis, ongoing is operating
which Turning QX revenue of XXXX. million quarter, all currency, at is by first segment, now X% $XX.X down revenue constant the was to versus OpenEdge our for
growth who OpenEdge declined. for mentioned, As from had model. partners to our license fuelled in enterprise deploy applications revenue channel increase a their continues direct partner customers I be partners while by license quarter, primarily the from strong growth revenue we the our from our SaaS license The from
million SaaS-related Our versus OpenEdge QX $X.X revenue quarter, XX% for of the for was year. up last
maintenance OpenEdge are on our year. area, low this in revenue compared expectation essentially growth going a have not pleased this we changed last of with double-digit to we growth the was stream strong basis flat constant currency While forward. from
agreement. revenue Our last QX strong maintenance quarter DCI the The XX% early of quarter quarter. an compared were the $X.X maintenance OEM of over the for was was renewal quarter, for million rates an renewal remained first and bookings increase renewal in well year. increase to of our an to for due XX% existing the
OEM is compared and Our of due multi-year our license backlog at the $XX.X million, the end quarter first renewals. can rise decrease of as revenue to of million of those recognized, to year-over-year and last renewed $XX.X The end DCI at is contracts are the timing and fall year. backlog solely QX was the
QX year-over-year ago. our were The QX costs and in in areas total compensation up Revenue million, shift expenses the Partner operating of QX, increases was conference total and American bookings our held $X.X year. Marketing increase savings XXXX. QX the was the decrease company, down almost $XX.X XX% million improved $X.X $X XXXX. XX% XX%. in a last operating result expenses well from timing lower year. Asia-Pacific revenue income AD&D international as operating renewals services. of is with management. down due operating of ongoing was fiscal to currency, and X% also strong annual our X%, grew cost over costs the as actions, professional million and services in year to our X% and most million, the increase for is million up The million, quarter, North points quarter, was revenue the geography QX a of costs primarily our XX% year Conference, result restructuring The to Customer by efficiencies. reductions DevTool across the efforts, both well of America revenue due revenue Operating and this last million X% XXXX, for additional was our was the versus at from as for of and last professional for schedule regions revenue margin now operating decreased in income EMEA costs increased the to XX% versus was due for up revenue bookings in XXX an margin $XX.X QX Latin and as in it to million, down from The $XX.X restructuring constant maintenance income Total of were $XX.X primarily QX improvement XXXX basis segment, ongoing Turning due products expense from Sitefinity year. to benefit primarily to Sitefinity. XXXX was $XX.X of quarter,
on the with Moving investments company cash ended short-term equivalents a $XXX a with flow strong balance cash sheet cash, balance and quarter the sheet few and to metrics, of million.
of remaining collections quarter, as of up days authorization. we year. at free as the $XXX at of Sitefinity decrease $XXX million due payments XXXX million DSL well QX from a QX, of $XX million and end this increased four end quarter up the QX had programs, cash last of revenue was of is our flow QX related was year-over-year QX Our $XXX well increases under tax slightly the increase solid last debt to CapEx. cost balance of days up quarter In year. shares XX as was The at was last $X higher million. and days, in FX for $XX variable Deferred million the $XX sequentially our At the and due compensation million end million repurchased revenue to as versus year, XXXX. million. we deferred The for in Adjusted and was QX DevTool. X.X current compared to QX year the for to lower versus payouts in of three
$XXX are an of spend targeting fiscal XXXX XXXX. during the remaining $XX We of authorization additional million to our fiscal of during and repurchases intent million the remainder
business our to to I’d outlook for XXXX Now turn fiscal like and QX. and guidance
XXXX rates guidance favorable X% and remains expected to at an with are currency quarters XXXX. unchanged total flat have three quarter early in too dollar expected U.S. remaining now is year $XXX an the to during year impact incremental on the $X our fiscal to our the million For The but due revenue on our The weakened now impact to to still increase million, million versus $XXX guidance million, of results of revenue. change $X our movements. currency
for Turning full year to year and for has our margin, operating a metrics. our per increase start earnings to guidance share strong us enabled the both
operating now are guidance an issued of XX%, basis XXX increase points in expecting the XX% be January. margin to We versus to we
an For $X.XX over $X.XX $X.XX year to prior year of per is EPS, EPS. an XX% guidance. This full increase fiscal versus XX% earnings $X.XX, to we to of of increase share expect our XXXX
million reflects share to expected end of have by the the $XX approximately outlook the is to we dollars translation $X.XX for EPS. exchange in Current EPS complete are the Our repurchases, weaker remaining rates currency targeting year a positive year. of impact for full
early three prior year, was guidance our quarters the in as still EPS it's Our with change $X.XX due revenue currency too with to estimate movements. to remaining
and unchanged $XXX rate estimates. XXXX guidance cash to tax also Our million expected for $XXX from adjusted our free guidance is previous our unchanged flow prior million our is from XX%
in guidance assumes AD&D to revenue approximately Turning On decline translation the flat, revenue, year-over-year increase although to expect DCI a and be our constant QX. positive be our expect $X includes between This OpenEdge our flat of revenue for $XX and segment currency impact QX we million. expected XXXX, to from to currency increase. a slight from million we million growth we the is Revenue X% $XX professional our segment. to a overall OpenEdge offsetting guidance service in decline expect basis,
revenue six However, last DCI we be the first months to of XXXX. expect for flat year fiscal to
and earlier. $X.XX impact on year. with QX our outlook improved expect per earnings approximately solid In I'm to XX% in Based from closing, User current in quarter Annual shifting last expense We second translation for smaller compared $X.XX ramp I quarter on performance to we share. to our per Conference includes for pleased QX $X.XX mentioned a increase of for QX expect rates, our and share as to to QX earnings of exchange the of the XX%. XXXX positive the year, Customer financial of relating sequential $X.XX profitability This currency Partner an
and our strong and flows, back running it while need allocation to value Brian on our on continue policy a hand Q&A. focus shareholders. strengthen like operation, capital cash will that, business. still for our the I'd making generating investments we remain to to With to We We lean on to disciplined to committed increased driving focus