Yellow Pages’ fiscal year has officially concluded and the advertising and classifieds company has once again recorded decreased revenues and fewer customers.

The company’s revenues reached $183.76 million in the fourth quarter, down from $202.72 million in Q4 2016. Yearly revenue reached $745.85 million, down from $817.98 million.

Adjusted EBITDA for the quarter was $46.91 million (a 25% margin), down from $57.42 million. Annual adjusted EBITDA was $183.99 million (a 24.7% margin) down from $235.19 million.

At year-end, YP’s customer count was 229,000, down from 241,500 at year-end 2016.

Total visits to the Yellow Pages’ digital network of properties grew 10% year-over-year for the quarter, up to 164 million. Despite that increased digital traffic, however, revenues from the digital still decreased year-over-year, hitting $137 million for the quarter (down 4.3%). Across all of 2017, digital revenue decreased only 2.3% versus last year to $543 million.

The company said digital revenues now account for 74.6% of its total revenues.

Print revenue had a sharper decline. In Q4, it dropped 21.6% year-over-year to $46.7 million. Print revenue for the full year dropped 22.6% overall to $202.9 million.

These results were for the three-month period ended Dec. 31 and do not reflect the Yellow Pages’ recent 500 layoffs.

Yellow Pages president and CEO David Eckert said the company is “demonstrating commitment to improving [its] financial performance.” He noted that Yellow Pages achieved its 2017 guidance, and added that the recent layoffs are a “first significant step” in aligning spending with revenue.

“Our objective is to put declining profitability and write-downs behind us and move forward with an improved balance sheet,” he said.