and third today joining everyone, you, we report as our Thank for operator, quarter you, results. thank financial XXXX us
from of will increased quarter highlights overview quarter up third in to the an call During $XXX today, I third and XXXX XX.X% results XXXX. Revenue approximately third review the of the provide of our of outlook. million, quarter our
the strong services holiday significant defense sentiment stable AI market, X.X% quarter.
North due days client second b, services, in with demand of in accounting organic, season our DevOps, America in of This delivering billable April for with changes. double-digit Jewish and remaining a, primarily with continued the quarter sequential XX% all of in Passover no sequential delivered resulted growth taking growth the solid from: demand sector; for in showcased XX%, strong increase mid-single-digit place Israel our execution cloud, the of the to for along Israeli with U.S.
yet improving material improvement, our not for could have an growth market we serve believe that we operations. economy While U.S. seen as a in catalyst U.S.
year we are suite the to and worldwide Although that working Despite continue on does dedication these account our right improvement, that related of momentum products continue execute and confident in to services. sales full guidance against for world-class not us, we confidence are is macroeconomic with of path any plow our building. currently our providing and we can difficulties on forward we
points to ability months defensibility and XXXX, inherent to XX, our XX ending even future. revenue, our corresponding model of and the at unique engage value continue code, continue are innovative transformation AI, critical of customers strong business services the in no us ability our drive our enable last the maintain will scalability the This or basis sheet strong higher September X our majority macro to our us that a and margin and will our U.S. held revenues facing of revenue initiatives.
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and team. we business, our we cloud-based our similarly leverage in experienced were across to software at digital demand control, performance excellent As which our solutions to another execution continue America see aside for business. We our create innovative to strong and of down, that slowed of platforms services. we our technologies recorded quarter continue revenues look our factors other our beyond us that North Setting by solid we the parts all see
and to We managed continue the opportunities services. cloud dynamic realm in technology see exciting growth and potential of
and strategy associated We apply it moving pitfalls of highest made performance, to the security have with the our businesses best best choose clients' cloud vision cloud industry-leading practices and our to their We avoid meet ensure deployments help standards scalability, that migration cloud. the to reliability.
services Our suite clients client aspects leaving to core our management their and of business critical optimization to and on us. to focus continuity, cloud designed of and enabling cloud IT while is their address cloud of system competencies managed operations environment the
satisfied across XXX their approximately various industries trust customers have who We cloud journey. us and geographies with
the revenue. from compared the and value our reconfirms in $X.X overall Revenues focus last year. slowdown operations North North compared compared XX% to half QX higher $XX.X demonstrates QX performance long-term can quarter XXXX, million, fully XXXX Revenues in are and XXXX. from X.X% we reported and to our that XXXX third of to quarter our accounted to to or million, second America we of them of America. $XX.X North XX% Revenues to This goals.
Proceeding committed our cloud to our compensate allows our the XX.X% by strategic to are achieve $XX.X quarterly help in revenues We quarterly which of for Israeli mature, in Israeli of region strong our amounted results. operation address and same America to $X.X accounted customers, or of revenues. our we confident excellent in the million overall higher In and innovation stable their sectors, our period for the third delivering financial which decision million is to technology-driven from experienced approximately million amounted on X.X% up us for
profitability. to Turning
same our breakdown gross margin to mix of a third professional X-month services. to of from of million for amounted for $XX XXXX solutions The to software related million, X-month XX.X% for margin points $XX.X to period last in the profit mix a XX%. related approximately XXXX approximately last corresponding basis gross of to XX.X% services approximately On of related amounted quarter Our XX% or related or gross period revenues our XXXX to was our of basis, for breakdown revenue or for XX% the of our compared in of the XX% XX.X% year. million our margin X $XXX.X XX% the first year. XXXX months of XX.X% same down the XX our with period XX% a The software of X-month the period and gross approximately XXXX to solutions with was gross the and professional our quarter margin
compared related of of same expenses the financial minority attributable $XX.X year. to to interest operating former quarter shareholders. entities resulted business financial quarter, on debt.
Net X.X% same debt we The $X.X related decrease noncontrolling expenses financial million during recorded shareholders in million in interest Our million. non-GAAP of to the quarter for increased operating from our last mainly in as income $XX.X income total period of the last model keeping in combination interest compared had $X.X as our financial million debt XXXX, income to year $XX million to million third our acquired to repayment Financial expenses, the $XX occasionally a expenses continued debt of relies
to shareholders. net In year. of net portion million same $X addition Non-GAAP income to these to to such compared our last the income are entities, minority noncontrolling role increased to we in managerial interest the allocating period million for a $X.X attributable
non-GAAP $XX.X per million diluted diluted for to $XX.X share or X.X% compared the period to year. the Our by net increased $X.XX third per income or share in same million $X.XX last fully quarter fully
Turning the to balance now sheet.
short-term cash bank to XX, million XXXX. XXXX, approximately of amounted million of deposits $XX.X and $XXX.X As compared cash XX, to September December and as equivalents
debt total million Our September to financial XXXX, as amounted of $XX.X compared million XX, of of December approximately to XXXX. as $XX.X
$XX.X XXXX period in million from during X-month of million flow cash same of the XXXX. activities Our period $XX.X compared operating was to the
to Turning our guidance.
momentum We full a We year range the the raising XXXX million annual continued $XXX end anticipate lower to $XXX the our year the XXXX in revenue outlook. of and of revenue million. strong for reflecting to be are positive now guidance, of remainder
occurred $XXX Similarly, For of X.X year. entirely the part holidays million days $XXX.X revenue to the is America, fell by the of billable days X October, of revenues fourth X.X% holidays with September a the these revenue XXXX to reducing represents the the Jewish due quarter the days and billable New of the or revenue quarter than to billable and between fourth you. important the to Sukkot, to is Rosh projected impact million emphasize days midpoint X decrease to in This to Thank last expected the the their for spreading and October, for quarter due by Thanksgiving days. turn quarter, days in across call result that to the in a XXXX period XXXX, third part $XXX holidays consistent Year to million. This third we by X same now year reduction compared same year. reduction million the $XXX are XXXX.
I Christmas this will North with solely which quarters. period Hashanah It is compared compared and of questions. projecting increase In billable billable in operator last in expected number and X.X% of be timing are in lower over of the
