Thank you, Suri.
expand the we continue base hands we kept As our and improve force to quarter. marketing customer sales throughout our leads qualified our the in of efforts, more have
their diversification the we strategy can strategy year-and-a-half. sales Our the country many have Should target past growth of nature who our has experienced of variety need among look address a now the or a regardless We wide find But wide ahead. can enter recession, variety by when solutions verticals the effective to equally as of in benefits, choose for our we demonstrated customers those customers, sell and their projects. also to we among is most. shift services us we of the industry budgets
spite managed third the conditions. scanning well. quarter, year-over-year up services, market were and Digital printing services our performed document of in print In volatile services sales
us good provided and growth many them. new Some in results of on of saw verticals customer the we focused we year-over-year
customers also construction Our environment remained the as steady. stayed busy building
higher to services customers us and spend of longstanding in ability portfolio level sell construction secure our wider them. Our to to introduce helped from a a of
a is we continue think starting bring it services appear the employees likely print large managed workplace. of remain grew the in back months the from moderately last That as of year. customers consistent third sales level said, will to that remaining to year. but very unusually to effort from be quarter may volume Sales printing offset during digital represent to light, successful the they Sales
fourth As such, steady printing the will well. as quarter volume in remain likely
business this increase coming are in has period. quarter. gains base this Scanning excited from during strong the third we in volume Because is in the archiving a line, most us dollar what again and small
We many more conversions increase and used documents term archives digital to paper their more customers digital business in paper creating document desire day we to replace for of operations. our But long also are storage. are warehoused seeing to day
as ARC's our customer on operations customers. as on exceed to by increasing satisfaction the we Many expectations our way out attention and remains and of our our by thousands well people, high require Google. shown close personal website our reviews of of of jobs go staff, as the our sales
a to are our embraces reputation We that our reward and marketing differentiator built customer. in delight and culture is a significant fortunate have efforts It efforts. to becoming
supply in earlier hiring compared faced is people but candidates more and better challenge, to last and a are year improving. over we seeing constraints we headwinds The chain year. the always Finding good are
has Getting materials. for are supplies an we profitability, and battling become though, pricing easier, equipment and still higher These we them very also can are closely. managing on thus that impact issues certain are have
we near we keep our well the to and are in us. remains services extend our I'm to demonstrate the all, the and the And track. customers value interested engaged also and with future. In positioned working progress people, on to ARC our confident have right in
an backdrop turn the review for as quarter, a operational for the of the Jorge? I'll Jorge financials. to this call With over
Jorge Avalos
performance and quarter, profit our solidify not Thank third it regenerated cash Dilo. helps the only but healthy you, in The also structure. capital sales produced
$X nearly Increased the most within were And XXX points be our materials XX%, we range increase passed million our to the on and but profit affected basis period costs and are increases for increase, for expected. gross continue margins to in supplies SG&A, Gross year-over-year. customers. representing
margin basis XX% and $X.XX higher XXX EPS diluted was and rose than our income points year. than result, the prior was a As operating our operating than our more up more
and exceed flows remain cash operations in third we meet we million. accelerated cash flows from expected, the quarter As year's or of $XX confident will last
increases, affected margin higher resulted $XX of by still was a was in and EBITDA and inflationary labor Adjusted million over other but healthy XX.X%.
are fewer constraints softest of performance. And seasonal working still think is quarter. in maintaining the or average within we more We we within sales of days are or an but EBITDA more the usually our the normal period, given remain that $XX of for annual expectation per will sales grow our $XX million million of us, continue confident QX to reach. quarter
at sheet we our line capital look X. Cash once structure, million on again revolving above the to is outstanding balance below ratio net million, our than well EBITDA debt $XX.X on ARC's remains our As offsetting of credit. $XX more
use to During quarter, we expense. our continue manage cash the to interest available
ourselves bank As as rates. we of exposure don't a variable result, debt to any or interest having think
for payments As lease for projected, equipment equipment to finance declines. fall need as our continue
decrease $X.X a from lease finance quarter represent of year. million third The payments prior or $XXX,XXX XX.X%
easy value price, our our through of is dividend shareholder $X.XX, this X.X% makes than which, based it to more annual return. of on yielding return a All current stock
the we have grow over new continue like month, As I remain stated month created. strong. quarter over quarter, before, pipeline to and company Sales opportunities and I our
scalable margin. production us leverage and and growth as digital profit grow to for to fleet equipment and outflows need Our has the structure optimized color allows our decreased to maximize continue and Cash drop existing accommodate we cost new MPS printing.
increases shareholder All the available value. this of to return funds
XXXX. and the the one look great considering as prospects better we for and investors of year, position ARC are when a even end forward our to its in
Suri?
