The following table provides revenue, Billings and Adjusted EBITDA on a constant currency basis:
| (Unaudited) | |||||||||||||||||||||||
|
Three Months Ended
December 31, 2023 | Three Months Ended December 31, 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 | $ | 155.9 | $ | (1.3 | ) | $ | 154.6 | $ | 145.0 | 7.6 | % | 6.7 | % | ||||||||||
| Total revenue | $ | 171.5 | $ | (1.5 | ) | $ | 170.0 | $ | 160.4 | 6.9 | % | 6.0 | % | ||||||||||
| Billings | $ | 196.1 | $ | (1.4 | ) | $ | 194.7 | $ | 187.9 | 4.4 | % | 3.6 | % | ||||||||||
| Adjusted EBITDA | $ | 53.6 | $ | 0.3 | $ | 53.9 | $ | 38.7 | 38.3 | % | 39.1 | % | |||||||||||
| (Unaudited) | |||||||||||||||||||||||
|
Year Ended
December 31, 2023 | Year Ended December 31, 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 | $ | 550.0 | $ | 6.4 | $ | 556.4 | $ | 506.5 | 8.6 | % | 9.8 | % | |||||||||||
| Total revenue | $ | 612.7 | $ | 6.6 | $ | 619.3 | $ | 572.2 | 7.1 | % | 8.2 | % | |||||||||||
| Billings | $ | 631.8 | $ | 5.1 | $ | 636.9 | $ | 607.6 | 4.0 | % | 4.8 | % | |||||||||||
| Adjusted EBITDA | $ | 129.1 | $ | 5.2 | $ | 134.3 | $ | 108.6 | 18.9 | % | 23.7 | % | |||||||||||
