The following table provides revenue, Billings and Adjusted EBITDA on a constant currency basis:
(Unaudited) | |||||||||||||||||||||||
Three Months Ended
September 30, 2023 | Three Months Ended September 30, 2022 |
Increase/
(Decrease) % | |||||||||||||||||||||
(in thousands) | As reported | Currency changes | As adjusted for constant currency | As reported | As reported | As adjusted for constant currency | |||||||||||||||||
Software revenue | $ | 119.1 | $ | (0.3 | ) | $ | 118.8 | $ | 103.8 | 14.8 | % | 14.5 | % | ||||||||||
Total revenue | $ | 134.0 | $ | (0.4 | ) | $ | 133.6 | $ | 119.4 | 12.3 | % | 11.9 | % | ||||||||||
Billings | $ | 124.4 | $ | (1.3 | ) | $ | 123.1 | $ | 122.9 | 1.2 | % | 0.1 | % | ||||||||||
Adjusted EBITDA | $ | 15.5 | $ | 1.0 | $ | 16.5 | $ | 6.8 | 126.3 | % | 142.1 | % | |||||||||||
(Unaudited) | |||||||||||||||||||||||
Nine Months Ended
September 30, 2023 | Nine Months Ended September 30, 2022 |
Increase/
(Decrease) % | |||||||||||||||||||||
(in thousands) | As reported | Currency changes | As adjusted for constant currency | As reported | As reported | As adjusted for constant currency | |||||||||||||||||
Software revenue | $ | 394.0 | $ | 7.7 | $ | 401.7 | $ | 361.6 | 9.0 | % | 11.1 | % | |||||||||||
Total revenue | $ | 441.2 | $ | 8.0 | $ | 449.2 | $ | 411.8 | 7.1 | % | 9.1 | % | |||||||||||
Billings | $ | 435.7 | $ | 6.5 | $ | 442.2 | $ | 419.7 | 3.8 | % | 5.4 | % | |||||||||||
Adjusted EBITDA | $ | 75.6 | $ | 4.9 | $ | 80.5 | $ | 69.9 | 8.2 | % | 15.2 | % |