good and Nazzic, afternoon. you, thank right, All
billion last on $X.X fiscal and third quarter revenue was of X.X%. internal growth approximately Our a quarter fifth revenues is our basis as quarter X.X%, straight This growth, revenue the revenue year-over-year of year. of third year-to-date to reflected compared of growth
was as $XX to adjusted acquisition EBITDA excluding quarter strong after a million and percentage revenues. cost very million Third X.X% integration-related of $XX equating of a
over margin EBITDA since is ago. separation This quarter's highest adjusted percentage the generation years our and five
positives related was profitability $XX as VAC programs. a non-recurring to adjustment we platform despite realized $XX adjustments, strong, partially quarter million offset negative large by mainly inventory provision of a Third one-time of million
performance margin strong the low X% operating had EBITDA the of quarter improved for prior up large portfolio. quarter quarter reflecting of is quarter previously significantly our adjustments, $XX XX% across in tax indirect the X.X%, from very in the $XX an due third adjusted to in Adjusted some While cost. operating income of of quarter earnings rate excluding majority resulted full-year the the third was costs the quarter performance just $XX portfolio the effective range, third the $X.XX, integration was and and the the share adjusted to our normalized diluted income one-time million, million adjusted of expected I Net for year rate the per XX%. XX%, in lower below for was communicated impact approximately and mentioned. after slightly million The acquisition margin
full-year tax to be continue this within expect to We our range. rate
and respectively. Third quarter of $XX flow flow cash and source cash operating were million a free $XX million
quarter generated time $XXX impacted this the million of million year, last paid Third sales flow negatively was have XX outstanding and a basis, cash free from quarter were fiscal $X integration the cash we at which cash Day is by a increase this On end costs. for million year. flow acquisition days. of $XX year-to-date of
The third operating to as of above cash the million, closing a $XXX principally we ended cash million work quarter of due towards with the average balance of Engility $XXX target share balance suspension our acquisition. repurchases
of third and net end million entirely XX-month strong leverage less balance $XX During debt times, our of sheet. we capital approximately the third reflecting billion $X cash of than bank three Net EBITDA dividends. debt the was to trailing ratio quarter our consisting at quarter, the is deployed
let moving X-K filing. capital touch the we November and at of credit me enhancements the of that Xth realized on, October, structure Before as detailed the agreement, closed our on in through restructuring end our we which
improves with our to post close very from structure financing our upsize debt the also only pending the acquisition capital our not our extends this transaction revolver. new and maturity, pleased Engility, are it solidifies benefit as through of rate, required borrowing We will increased liquidity closing, committed but
$XXX hedged our rate interest Additionally, for flexibility million in of for and converse we through capital rate new together rate and rate conditions. our seven-year effectively terms rate. Concurrently, XX% our interest billion interest swap, variability modified swap, it million to provides capacity a with which fixed greater also deployment $XXX floating covenants $X debt
the we structure an enhancements and place, improved already for these have will future. and pro on flexibility capacity sheet, With ample capital have forma attractive in balance
as the for with Let growth margin to full in communicated and previously SAIC's we to EBITDA margin for measured outlook our Consistent long-term fiscal our me adjusted year, with XXXX. improvement speak revenue be year the line by outlook internal expect targets.
last year to increase adjusted this we points fiscal EBITDA with that fiscal a and reminder, ended margins X%, year. can communicated XX of an XX As have basis we margin
upper are outlook end range confident in that are margins likely and We achieve of this by to the year-end. at
As and fiscal expected this $XX year outlook XXXX. a cost million in excludes reminder, acquisition total integration the of approximately
and which $XXX the approximately the note excluding free of cash should continue just quarterly our flow of fiscal integration mentioned. in typically end week XXXX, of I meet payable expenses million Directors We Board approval that I to of expect at dividend, year next expected the is acquisition January. will consider and our
Ingenuity financial shareholder questions, creation. to would has to moment the compelling is I a opportunity from a to acquisition take mentioned long-term would alignment aligned acquisition's Engility taking Before strategic your emphasize this to the like our that for And perspective. value I strategy, XXXX. the add Tony also like
run to about dividends, accretive synergies terms flow be two, to we in rate to excluding profile, strategic pay to transaction of million flow creation step generation going transaction expected with in and after share from two you clearing and the flow Engility's, in range X% first concluding flow two. back to free synergies downs, year and of year year When And provides While cost opportunities debt cash low year of assuming assets, expected in with shareholder realization we after to flexibility function range million. and in with services at of creating revenue a million achieve expected EPS with synergies. and EBITDA free incremental perspective, cash terms cost end expect full additional expect year cost of approximately generation in of This tax realization full capital adjusted for cost of intangible is our X% amortization, use the interest X% XX% $XXX of Engility's the $XX cost from free cash year, about a the half it $XXX the repurchases, approach one, the through accretion cash after synergies expected deployment savings million achieve leading a one. comments. combination combining anticipated provides accelerated of government accretion company the immediately along cost of an The M&A. significant free Tony, annual for $XXX of value margin
