heartfelt about quarter thank you words everyone I to can to the our company. those and for for results from as forward for the Tim, as I us here future. to views this well discussing us you, expect look third afternoon, your Thank see kind joining in what and want
success in and Tim and shareholders. next and all why that to drive passion skills, and his FiscalNote, commitment role. the team he'll with understanding But so to by on him, I'm the his FiscalNote his founder's And of particular, rests work moment And Tim early from change relentless in throughout vision, for our of of address impressed FiscalNote and of FiscalNote this to moment first and ongoing continue a us startup's part joined strategy shoulders. boldness FiscalNote story. drivers because his his take phase his his leaving continued successful his I unique number other creativity, qualities his lifespan, with of to the the first, my I want met Like In at return our Tim. his for to Tim's working isn't and on in a actively that's members, achieve I've market be a FiscalNote the I time glad
As the with start-ups for including roles and companies mentor hands-on teams. leader as at in with as at some experience me, founders well and largest to I've of early the and spectrum, an as world's venture tech adviser of ends succeeded hire, both senior
into a balanced me see each done what state with us a focus turn supports can to and that, to what Tim now continuing forward. with role. our going the collaborate expect that growth So scale. as to the FiscalNote on innovation steps any at perspective I bring of I'm of let forward company and from looking new to With we've you
of a taking broad view consistently quarter. the the quarters We've as this last as rightsizing from EBITDA most to recent going first by spent a X recent row well our of begin EBITDA, me X adjusted structure cost Let including past. years in adjusted positive negative
a EBITDA to operating continuing of team We've In with FiscalNote that XXXX, refine Importantly, is of our accomplishment so to profitability expand to And we also greatest that in the growth. year today, did it to In were million approximately This been a adjusted serve we for that apply on and a as and that with XXXX, testament the planned. the our future done wanted foundation as clear profitability, revision for than can discipline we portfolio sooner we profitable focus we quarter the their to adjusted full product and achieving an the the which should all first X $X areas company. teams laser-focused time, for regardless circumstance. we we've upward statement the tremendous FiscalNote entire work. are are announcing from XXXX hard for EBITDA.
be This sheet drive too includes to our the reduce continues businesses, well our of cannot initiative all of delever Excellence matters, and recently, and divest we complexity, unprofitable simply if the or excellent teams trying which profitable balance growth. to Aicel initiatives. advance unproductive Board.org as are noncore thin, efficient and underperforming sunsetting spread and business of products, ongoing sales as noncore more
we as discuss reduce I'll proactively ways complexity As mix in the we of we core customers. evaluating actively value other current are our moment, which on our focus in best a our elements deliver organizational to product and
profitability. realize This additional positioning us and has the to increasing benefit of margins
a We foundation financial phase to organization, our solid of which commercial we performance. new have optimize on giving a continued can us and sustained embark growth on
engagement driving and alignment replicating to playbooks increase and productivity. global teams our across We performance sales improve are management customer and
have better Copilots centerpiece be as drive for our leveraged have into quickly AI Global policy and and customers offerings products integrated core our technologies the help as more such a productive to for new organizations. surface critical our we more We means of to their information these And as outcomes technologies and Intelligence.
and products of artificial new all content Can our become customers' engaging and Can continue proprietary the Casetext quarter. successful the our on the we of $XXX data by And to to Officer, million increasing we Legal leading Thomson to ability and both new our better leadership intelligence top leverage of to Chief pioneered of serve in expansion technologies to creating our now needs. of third promise such whose are focus our Babaoglu, generative the unique experiences one we AI its Product sale under Tech, product And a sets, in leveraging helped as development all-cash rapid announced and drive customer hiring Reuters. see to in human mix
for on having a companies desire rapid our true well Importantly, culture helping iteration product own and grow and entrepreneur, given FiscalNote's as build is and his own innovation, Jon centered a roots Casetext. as on founded
means to a it So investor on what he provide return and capital. protect knows
with look So future. back, that to turn the brief I'll
replicate. and noted emphasis what foremost, best-in-class I data delivering our on artificial will regarding intelligence in on with proprietary aggregation, the provides analysis and on is our in product, leveraging collection, experiences, to focus content, strengths product synthesis First normalization, in a difficult our just whole which competitive of that building advantage we us and
Officer's address Product customers parallel we our our leadership, As that, legacy our consolidating component that prioritization a creating new in product face. deprecating experiences on the core core platforms new under of Chief challenges are and with
where well our end use solutions higher of drive capabilities, cutting-edge operations With result will acquisition other technologies and the it continue targeted intuitive product-led that our by us will generative and robust, as achieve The value growth be streamline first profitability. that outsized leveraging puts as outcomes. to AI, deliver enable customer that science and enable our growth and empower sales customer customer time and we data to more decrease over will that retention, improved experiences to increase product-led costs customers
and such as portfolio continue key to analysis there areas underperforming global we opportunity enterprise mid-market. deemphasis rationalization where continued we've sunset where global we or are suboptimal, our in and we as where products. areas to and core data focused well and will increasingly growth is traction policy segments and and we demand opportunities, including this, markets expansion of be for our policy in see noncore see including noncore our for evaluate international, seen segments any in large Tied room where corporates, Second, and intelligence growing in will greatest and as further EU the as that we experiencing
growth wholesale include fit. we may into areas view where noncore don't elimination this also profile While digging reduction the of or we long-term the as initiatives, are
over will our For impact onetime profitability had revenue but increased we've has margin example, business, better more discipline top and enable near-term returns on time. which line growth, implemented our from which on a advisory
continue take will to to steps necessary capital improve structure. our we Third,
so in better aware, you're and refine can begun the reiterated market of we where and process shareholders, opportunities As we and the already will we've this we we Board.org as sales continue to earlier, focus and I advantage drive deleverage realize further with feel value Aicel, our take growth. can for that of
ahead. this intended an to to we've sustainable done job trajectory are changes profitability. we in making have so and organization increasing made team excellent our driving Overall, his do are and as and and will a look us and Can to they growth successes portfolio year, return position continue our of to to the
delivered on We profitability. have
We team continue just start. and investing better and get are profitable, improvements to growth, that's our drive product business commitment and more we the We in that will that positioned for the his organization Jon growth. in capital and growth to we continue customers maintain retain take day. business structure and our steps our to compete to will win new existing while driving improve every our to the core
look for are excited global and initiatives growth XXXX next to long-term the I company. about the to that, opportunity role to through With across humbled outset Together, take new ahead, these the you progress our call forward step large us numbers. foundational on turn over to I'll and that beyond. and phase the the Jon? now year. updating of mostly, CEO the at to of lies Jon both sustainable the But I'm of honored I'm the into