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in the prior-year quarter, driven by operational improvements as well as lower inventory step-up amortization. The fourth quarter of 2024 was the last quarter in which we incurred step-up amortization related to the NuVasive merger. Adjusted gross profit, which excludes the impact of step-up amortization, was 67.1% versus 55.4%
They generate strong onsite engagement with our branded activities and offers, and they help drive interest among prospects. They also continue to attract world-class partners who work with us to add new ways for our cardmembers and prospects to experience the power of Amex membership. So, we still feel good about it.
Over the past few weeks, I have traveled to see customers and prospects across North America and Europe. This opportunity is for a mortgage use case by which prospective homebuyers can apply entirely online 24 hours a day, replacing a traditional paper process. Professionalservices revenues were $17.2 revenues were $23.4
We also experienced an increase in professionalservices, including costs associated with our ERP implementation and the acquisition of our Brazilian distributor. And this quarter, we began to amortize those costs upon implementing the first phase of the new system. Dan Rizzo -- Jefferies -- Analyst OK.
A global analytics professionalservices company with over 35,000 employees in 40 countries expanded its Dayforce use to 6000 U.K. We're already seeing, you know, within our prospective customers the same kind of interest. Windstream Holdings went live with the full Dayforce suite for 9,500 employees across the U.S. and Canada.
million square feet of new second-gen leases signed through the first three quarters of 2024, our lease rate is over 300 basis points higher than our in-service occupied rate of 88%, roughly two times our normal spread, indicating that we have a sizable pipeline of leases that have been signed but where occupancy hasn't yet commenced.
We believe that these measures provide useful information about operating results, enhance the overall understanding of past financial performance and future prospects, and allow for greater transparency with respect to key metrics used by management in its financial and operating decision-making. million or 11.3% million, representing an 18.7%
Sales coverage refers to the optimal number of prospects per seller, and we could effectively still double or even triple the number of sellers we have today. Quarterly adjusted gross profit margin, excluding depreciation and amortization, improved to 79.4%, nearly 300 basis points higher than last year. That's for sure.
We will continue to solidify our core livestreaming business and actively promote the development of game-related service to expand our business and revenue streams. As we steadily implement our strategic transformation plan, we'll remain confident in our future business prospects. Ashley, please go ahead.
Other highlights of the quarter included another record break in insights, where we had a record number of attendees, including customers, prospects and partners, and we showcased meaningful product innovation across the Dayforce platform, which Joe will discuss in a few minutes. Noemie will dig into the guidance details shortly.
Adjusted gross profit margin, excluding depreciation and amortization, improved to 79%, 110 basis points higher than the prior year while elevating our client experience. Any change in the pace of prospective client decision-making relative to prior quarters? Nothing has changed there. Please proceed with your question.
We are optimistic this momentum will persist through the second half as conversations with prospective customers for the full suite platform are progressing well in all segments and regions. million of amortization expense related to the retired Ceridian trade name, which was not in the Q2 2023 comparison financials. million, up 19.8%
A reconciliation of forward-looking non-GAAP guidance is not available without reasonable effort due to the challenges in practicality with estimating some of the items, such as share-based compensation expense, depreciation and amortization expense, and payroll tax expense, the effect of which could be significant.
We continue to ramp this channel onboarding our third embedded partner in signing three new partners to effectively scale for an increasing pipeline of prospective partners, we continue to develop this channel by expanding our team capacity, establishing partner frameworks in developing sales enablement tools to drive mutual success.
Q3 revenue also benefited from a stronger contribution of our professionalservices, driven by elevated breach activity across legacy and competing platforms. These non-GAAP measures are not intended to be a substitute for our GAAP results. As Tomer mentioned, deploying software alone doesn't solve all security challenges.
Given some of these items on a GAAP basis, operating loss was $132 million in the second quarter, which includes the impact of acquisition-related amortization expenses, as well as restructuring expenses for the wind down of Verse and Clear Bay in certain markets and write-downs for certain real estate facilities among other items.
A large professionalservices company tested ransomware protection from SentinelOne against two of our close competitors. In Q4, a hands-on demo of Purple AI turned a prospective endpoint customer into a large platform deal. These non-GAAP measures are not intended to be a substitute for our GAAP results.
We've become the platform of choice for the buying and selling of commerce media with promising prospects for the future. Our multifaceted demand strategy helps brands and agencies scale, while our modular approach and professionalservices supports retailer's growth in the fastest-growing advertising channel.
I'm extremely proud of the engagement we've had with customers, partners, prospects, and the market navigating the year that tested CrowdStrike. This model deeply resonates with prospects and customers as well as our ecosystem partners. billion, while professionalservices revenue was $50.2 million compared to $448.1
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