joining Good us Thanks, thanks and Tom. for Andy. Thanks, morning, everyone today.
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of to achieve actions merchandise taking execution and are offerings. We new and courseware, accelerate general Bartleby daily scale our
value. has Board review Advisor Independent an assist execution to and engaged shareholder Financial opportunities accelerate disclosed, previously enhance to As our and to our strategic
regarding we you updates relevant. time, with a We additional are information at now review in become position forward providing this to the they as look provide to
cost delivery and program profitability. models to taken Finally, implement to program just the discuss to penetration cost aimed pressure will further Tom in maximize pivot and is have we operations moment. enhance meaningful mitigate productivity reduction courseware a reduction at of this to This current steps streamline timeframes, decision-making we a higher downward as program revenue market. expected
years two physical profound technological our students institutions service innovative a from company capabilities. industry change and digital provides our that Pivoting to physical, and provider leader required to processes people, has custom, the solutions over to past both an directly and retail-centric in
also our marketplace, pivot have accomplish students. continue by but make to both institutions and are largely The by investments by we already to validated clearly made, being this
We’re accomplishing allocate healthy levels solid to a of financial this position, maintain flow continuing including capital while free to generation. cash prudently
of reduction customers and and solutions useful primary focus period While our benefit growth reverse learning sales recent for this innovating, provide will is stabilize that opportunities transformation, and general personal growing required then courseware, on employees our during scalable our trends. EBITDA delivering cost is program and merchandise our and digital current
growth next planned, With reduction significant significant of and taken momentum, our over couple cash stabilization flow year initiatives XX cost beginning at and ‘XX. fiscal the positive meaningful gaining months both growth actions expect we
our We remain in towards, we’re BNED’s leader achieve objectives ability marketplace. and this to to an confident innovative are ability dynamic the working in
turn review. for With it I’ll over financial the Tom that, to
