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quarter X% XX% XXXX fourth million quarter from XXXX. fourth $XXX the of up over third quarter XXXX revenue of the up Our and was
million $XXX of from revenue was XX% XXXX XXXX. up year full Our
implementation, year in install of in equipment, large annual a health revenue service increase revenue maintenance a Series, well IP The and and as XT of were revenue. largely population as due base from year growth an XRX in increased increase solutions to
patient solutions. solutions include past, the the certain messaging, and As adherent other discussed health synchronization, medication in population
of per per an share up earnings share $X.XX the XXXX, in fourth with of GAAP in accordance from is fourth XX%. quarter share $X.XX quarter increase per cents The
from XX%. representing accordance GAAP earnings of in $X.XX Our increase full XXXX up year per per share share in XXXX, was an $X.XX, with
in higher The year is increases to per earnings over year due share largely revenue.
amortization associated non amortization GAAP which gains basis with tax reform stock acquisition of on benefits certain expenses, In and results and restructuring acquisitions, expenses, related costs. and expense compensation debt and a restructuring assets addition GAAP the issuance results, financial our cost income tax tangible we to excludes report contingent of
We use financial effects is well to our and expenses the GAAP non-GAAP believe which restructuring useful compensation are certain and amortization because are component understand related of as statements statements non-cash for in stock it a of we reported ongoing costs, events as that addition of investors acquisition acquisition related expenses to and operations. to results unrelated our financial
quarter in GAAP $X.XX is to full per A representing year share Full and year, EPS non-GAAP XXXX compared EPS fourth share earnings of a XX% per our posted the to Fourth increase. a press share is representing results to per was included $X.XX XXXX, in website. period quarter non-GAAP on XXXX a last per was our compared release reconciliation increase. XX% in non-GAAP share $X.XX same $X.XX
to on Similar per is due to in EPS, the again non-GAAP revenue. increase our share largely a increase in basis GAAP earnings growing the
growth, of In indicators our strong and revenue that business. additional addition to momentum there and profitability are scaling demonstrate the
bookings by point and guidance full increased record by million. of XX% to product million. the exceeded for high the XXXX $XXX range XXXX a approximately approximately from $XX business the This First, year for is a
to XXXX Second XX, XX% as $XXX by December increased XX, product of approximately million. XXXX backlog December from
expanded approximately year Third XXXX non-GAAP basis gross the and points exceeded XX for full XX%, by margins XXXX. from five-zero
non-GAAP expanded and points basis total by from approximately our XXXX. XXX Forth margin operating XXXX was XX.X% year for
a number vast platform. quarter dollar multimillion bookings agreements. commercial fourth entered majority the during of with XXXX, we of again record of product dollar on into are adopting multiple Omnicell these Lastly, products The multimillion customers the
in XX% was million December backlog Our term. short comparison XXXX, of as million of up million XX, $XXX and nature is $XXX amount term. In this $XXX long backlog short million December XX which is million, total term considered from $XXX considered as considered is was total million $XXX term considered of $XXX our and year. Of product last XXXX, long is
flow. flow was At now to at $XXX XX from September million the XXXX. December sheet, balance our XXXX, Let's million cash balance move $XXX down XX, cash
our quarter the funding $XX of XXXX, on the outstanding repaid million. debt remaining During leaving balance debt of $XX outstanding fourth million we
from quarter XX, of $XX $XX and $XX million million XXXX. periods for and September million year compared $XXX comparable business year. from the up the December net As $XXX December and was a in was to XX last Cash XXXX, at million cash million during of respectively, the $XX million fourth operations ended position flow XX,
The net quarter respectively, periods and year. fourth XXXX increased increase by for cash Free $XX in and operating income to $XX compared million driven ended primarily the last cash the comparable million in December $XX full was flow year is million improvements million capital. generated $XX in working the for and and flow XX, year
days, XX down receivable for due days increase from is free to days the previous the December quarter flow for The cash down and earlier. the flow the one year mentioned full outstanding sales Accounts XXXX. quarter primarily fourth day XX, from increases were in cash four in
year's DSO to December from due and XX, $X approximately in quarter XXXX. up million from million $XXX and decrease million the and The December were last sales the increased XXXX, $X primarily up at collections. XX, for Inventory prior previous quarter higher
The the growth XRX increase is primarily XT IV lines. product Series, for by driven demand and
the headcount quarter of XXX Our the at up last end from and was X,XXX previous XX same up December XXXX, from XX, quarter the year.
our expand. the manufacturing, offerings, reflects new service business continues it to personnel deliver implementation well for business increase in as and product to continued support and increases to The investment as innovation needed as
business. trend this expect to We as the we grow hiring continue
our the framework Day was long Morgan slides the term this at financial are Investor and JP on a XXth, January the long presented earlier Included for few in also ASHP XX, earnings the [Indiscernible] financial on conference December at release XXXX summarizing at term year. the framework. quarter fourth conference
revenue drive shows for that our significant large demand that organic and challenges discussed believe are three, we summary represent earlier solutions pharmacy market a opportunities. in number that We of Slide our there the drivers.
market over of XX% next Looking grow a our point expect in at to growth CAGR approximately revenue care, continue of financial payers. XX%. central retail we The and growth organically areas years and are key institutional at of five to to our model, longer follows; assumptions pharmacy, as the
of point areas. growth future expect our solutions, care For the revenue following we from
the continue customers in increase First, its dispensing areas more as expansion to the with our within existing systems of utilization hospitals. they
XX%, Second end installed have customers representing base automated generation quarter Through legacy fourth cabinets, of of XX% our or replacements up the as dispensing upgrades. the we of of is of is two-three orders received which XXXX. prior approximately from XXXX, from
on We reprise this every quarter. metric update to an expect
market growth professional we from gains. that services including Third and [indiscernible] year. in Fourth last December in announced -- is innovation areas we is growth area growth share services is see
next drivers Given and help organic and Central these of pharmacies significant pharmacy next increase years. of we spend, this part five digitize the of to over an the optimize the automate at CAGR drug approximately safety, business opportunity will labor. grow area believe that XX% to reduce
revenue grow continued part to and generation from and the For future we believe our robot install greenfield offerings. upgrades replacements, of in growth XX% and base, high new over at of solutions, innovation business this five our will from that carousel organic central pharmacy of an CAGR approximately next years. we expect robots Overall, opportunities, the growth
we retail which growth continued the Finally, solutions, pharmacy institutional expect payer and future for and drivers. our and following revenue on
in from population software expected growth packaging service new innovation solutions, growth including solutions automation, health First and adherence offerings.
the estimated our is by or large in this will of sole five so organic pharmacy of at an XX% retail source The next revenue customer And health years. term systems, base. part areas overall supported in we estimated anchored growth markets, addressable approximately believe and CAGR these with is organic long two chains over that agreements many payers and the large by grow business XX
term Let’s to move non-GAAP now operating profitability. margin long
XXXX by non-GAAP can one-eight increase margin XXXX. that margin. Forward believe to operating XX%, approximately XX%, We operating non-GAAP in of baseline we one-five, approximately
summary the Slide number a drivers margin. of non-GAAP X gives operating of
operating from the leverage. drivers chain procurement margin expense be savings expect of scale, expect and to and including follows We economies of non-GAAP operating expansion supply benefit
agreements. We customer expect benefits from long-term
benefits and savings. from also benefits process And and from design, including efficiencies, improved manufacturing expect improvements other we investments. benefits expect We from infrastructure and
and infrastructure the to We to customer Investments expect opportunities we these business. benefits support And in services. experience investments discussed. and including our innovation, of and IT professional in success investments offset growth the scaling investments support to by be partly
by we XX%. X, number a Slide billion our approximately CAGR $X.XX to committed representing XX% objectives. of organic organic XXXX, billion growth with of On to a year strong have summarized We're five goal long-term $X.XX to
of one-eight, with We're driving non-GAAP margin about leverage goal by operating XX%, XXXX. a operating
while and deliver between success, net business flow innovation, Free XXX%. through [ph] supporting prefers the XXXX of to expect investing cash infrastructure. XX% in GAAP We are and income we customer
we right Lastly, continuously potential for are fits. evaluating financial strategic opportunities the acquisition and
our the about have Before that virus I move business. to the we on guidance, corona questions to acknowledge impact you want of may
First one number and our people safety foremost, the and well-being is of our priority.
customers are And We organizations healthcare in suppliers communications employees, China. contact we situation. as government we are the close and reviewing monitor by in our and with
a -- impact. have At have none meaningful we we financial region, customer our small based nor this small given guidance, the in into in or point, expect that and and or the proximity, suppliers base do province presence, a operational in factored employee of our we are the any regions Wuhan not
said, rapidly That evolving. the is situation and uncertain
will it monitor continue And are closely. we well potential scenario we believe to that prepared. we evaluating we're So so
moving guidance. our to XXXX Now full year
million. be We growth represents XXXX The to between $XXX expect midpoint of range product approximately million this bookings X% over $XXX and XXXX.
of guidance XXXX. approximately we midpoint one-six. of Measures range a CAGR are XX%, using the the represents XXXX from for This
over The midpoint growth XXXX. this We expect to be represents revenues XX% $X between billion. XXXX $X.XX approximately of range and total billion
as These follows. down breaks
between We be million revenue between and $XXX $XXX expect revenue be million. we XXXX to to and million $XXX million XXXX and service product $XXX expect
we XXXX margin midpoints of in non-GAAP the the Using be provider below up to expect from XXXX. slightly XX%, ranges, operating for XX.X%
XXXX expect and share per between to non-GAAP We EPS share. $X.XX $X.XX per be
a to options. quarter of XXXX. The of of from X% had It as is benefits important earnings call in realized midpoint benefit first to growth range $X.XX related of we note share XXXX represents tax discussed exercise that stock this around the that approximately per employee and the over we non-operational
range. assuming XXXX, of an in blended For EPS non-GAAP our approximately effective we XX% are rate tax average guidance
and Based seeing largely ending the and we recurring fourth we For the the quarter of backlog total fall guidance. on revenue the $XXX we're to be expect first following revenue million consumables, XXXX, the quarter $XXX product XXXX and from from the -- services million. expect of between
follows. as down breaks This
$XX product between to We $XXX revenue be and be $XXX expect million. $XX to million between million. expect million and service we revenues And
$X.XX We EPS and to between be $X.XX expect share. non-GAAP per
we in continuing to deliver pleased with we mentioned, are of results strategy. we and the the results very As on Randall profitable XXXX strong long-term as continue execute to forward to look XXXX
your like we questions. for would that With to call the open
