for fiscal year 2012, exa recorded total revenues, net income and adjusted ebitda of $45.9 million, $14.5 million and $7.1 million, respectively. since generating its first commercial revenue in 1994, exa's annual revenue had increased for 18 consecutive years. the company was profitable in fiscal years 2011 and 2012 after recording net losses in the three preceding fiscal years. exa's total revenues and adjusted ebitda in fiscal year 2012 increased 21% and 51%, respectively, compared with fiscal year 2011. exa reported $61.4 million in total revenue for the full year fiscal 2015. the company's total revenue is expected to be in the range of $64.7 million to $67.0 million for the full year fiscal 2016.