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spk_2: Good day And welcome to the eight x 8 inc 4th quarter. In full year fiscal 2020 conference call. All participants will be in listen only mode. Should you need assistance, please signal a conference specialist by pressing the Starkey followed by zero after today's presentation. There will be an opportunity to ask questions to ask a question. You may press stars and one on your touch tone phone. To withdraw your question from the queue, please press start in two. Please note this event is being recorded. I would now like to turn the conference over to victoria. I'd done head of investor relations. Please go ahead.
spk_0: Thank you. Good afternoon and welcome to Eight by 8/4 quarter and full your fiscal 2021 earnings conference call. Today's agenda will include a review of our fourth quarter results with Dave sipes, chief executive officer and SAM Wilson chief financial officer. Following our earnings discussion, Dave and Sam will share greater details on eight x 8 strategic priorities for fiscal 22 and the company's long term financial framework. Following their prepared remarks, there will be a question and answer session Before we get started. Just a reminder that our discussion today includes forward looking statements about eight x eight future financial performance as well as his business product and growth strategies, including the impact of COVID-19 pandemic. We caution you not to put undue reliance on these four looking statements as they involve risks and uncertainties. They may cause actual results to vary materially from the four looking statements as described in our risk factors. In our reports filed with the sec. Any four looking statements made on this call and presentation slides reflect our analysis as of today and we have no plans or obligation to update them certain financial measures that will be discussed on this call together with year over year comparisons in some cases were not prepared in accordance with U. S. Generally accepted accounting principles or gap. A reconciliation of those non gap measures to the closest comparable gap measures is provided in our earnings press release and with earnings presentation slides which are available on eight bytes investor relations website at investors 80.8 x eight dot com. Additionally, we posted a set of presentation slides we will refer to when discussing our strategic priorities titled business review. During today's call. We will introduce fiscal 22 guidance and our long term financial framework. These accompanying slides will be added to both presentation slides and reposted on the investor relations website following the conclusion of the call and with that, I will now turn the call over to Dave.
spk_1: Thank you Victoria. Good afternoon everyone and thank you for joining us today. Our fourth quarter results exceeded expectations with both service revenue and total revenue growing above the high end of our guidance range at 19%, year over year. Key drivers of growth were strong demand for our integrated UCAS and see Cast offering continued upmarket focus on enterprise and channel execution. We are driving operational accidents throughout the organization and culture that is committed to a Cpt mindset customer. First product, first team first. We strengthen our cash position and improved operating efficiency, becoming non gap pretax profitable in the fourth quarter and ahead of schedule. And we cross an important milestone and have surpassed 500 million in a. r. r. Now, let me turn to business highlights from the quarter. Let me begin with our Channel First Strategy and Upmarket Focus, which delivered strong results. We had a record quarter up market with over 760 customers with greater than 100,000 and a. R. R. A 25% increase year over year, Double clicking on this customers with over one million in our group over 70 year over year and contributed to enterprise. Our growth of 49 year over year. We ended the total fiscal year with a record number seven figure and a figure D. C. V. Deals versus the prior year. And these grew in average total contract value more than 60 percent
spk_0: year over
spk_1: year.
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