everyone. Thanks welcome and Cody
to Cody, Chief Nipul Patel, also Officer. In addition joined Financial I'm by our
quarter where begin of first Let's provide results. some X, will our highlights with I Slide
for quarter the opportunities as all that arose Array. The strong to the flow of advantage our us take maturity profitability, incredibly was operating cash first in better and free an the Revenue, expected one were than system quarter. allowed in
the than quarter the important X,XXX at $XXX margin and number planning million, this from performance system. to point will gross XX.X%, margin Array's provides But maturation basis growth minimal a XXXX. benefited striking of another side, this of delays detail more points to demand the a Nipul On of coupled the performance a This we quarter revenue of XX% us later. a overdrive the breakdown operating is little process, first better period, discuss logistics a with was year-over-year. during weather revenue a more in proof representing dynamic allowed revenue the of which of which,
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in two our affected has specific This ways. XXXX
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pleased we It of is important with the outside look to note, our as business. progress are the of we U.S.,
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So despite near-term pricing headwinds, disciplined volume remain our in product will technology these we strategy. and
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provide some my To I'm the anniversary, one that forward. year be areas what just our we now update out point will some where key we've as of also, areas of new past these on and made improvements, an look incremental focus
our of This of the change expansion quarter This consecutive risk sixth where prices. gross contracting minimize commodity continued expansion. margin to the was we framework, fluctuating quarter marks our anchored by
of improve upon Since this to process, continued have it. the we rollout initial
to productivity visibility created find have increased indirect opportunities We places our cost inputs, spending. like suppliers, to in strategic term and and longer additional added more cost logistics have
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by STI the margin points year. basis also same This last quarter, the we of quarter X,XXX saw improve over from
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meet customers. delivering spoke reemphasizing U.S., But this we our greatly the product solutions have expands needs. it's customer offer quarter. of intently the combined focused last also that introduction the in SmartTrack We more STI that an on I with and the the offering, OmniTrack to expanded HXXX detail offerings worth in can our
I to the a free had impact. to Array, company driven numerous I to meaningful Finally, that was when In we've return it XX focus mentioned, as first the producing capital critical initiatives came cash position working consistently it to is efficiency where our months, on last for us flow. have
key cash the data right and during tool, safety high analytics unnecessary First, of stock. inventory were amount which we levels our greatly on of conversion have have much XXXX stock to and cycle introduced of ensure safety has XXXX. a need in high optimizer minimized an we uses just early hand, that But to for carry inventory the case, reason which
contractual but Next, more flow partnered downs which offer introduce include of term we key standardized not our of provisions, to payment ESG provide suppliers These for terms. predictability better requirements, only our outflows. with terms cash consistent have also more
our but And contractual to customers over eliminate confusion lastly, milestones. made our billing terms simplifying These some simple impactful changes billing with have to processes. we includes AR
to better XX work immediate the and improvement With we our collection approximately on we've from availability. cash a with day done areas placed $XXX all has in also other have is customer million our we of our our and silos the cycle integrating eliminating a and led know timing. the organizations, to revolver job far improve certainly between job facing have done, on finished. has Also the cash these led conversion We that that collection hand liquidity customer collection engagement of processes focus
we growth, have the listed As of new of into the we phase move that I to the focus next come. our areas in will driving be some quarters
improvements. we digital improve these view much recognize as we invested this increase First, led and are efficiencies and to SG&A transformation of to we in the investments a that very in have temporary that We amount process but in has the spending scalability future. drive
will we forward, on executing on our spending as move operational we as this percentage focus of revenue. a So, reducing and leverage
our cash on as Next, the We and need our and allocation profitability improved greatly. capital market to flow strategy. update evaluate have
the down We our a metrics, for being, focus provide to we more detailed strategically and plan for identifying paying in quarters the on opportunities come. time will improving financial our will debt. But
focused intensely our are of We a flawless offerings. new product on ensuring rollout
we've into fully launch we the under we a management guidance, robust to And that prepared year, will In last created at we are their the scale. ensure market, product deliver organization. once
are added key This And effort, in drive and we strengthen and the much finally, already throughout to tools to improvement. controls we have have partners made company-wide resources ensure in is deck area. a hands environment. third-party this and very changes all driving our to excellence on we organization committed We've internal significant
I call XXXX to guidance. to of over update with our detailed results Nipul for And discussion a will more an and the our turn that, financial
