of Thank results and operational and you, take us Aidy. I through for both review the first a second will of our metrics the comprehensive now half XXXX. financial fiscal quarter year, the
of trends important reaching we The XX.X compensation a million this start reviews growth across achieved in me while QX. XX.X% line our expanding business segments. all top revenue performance, Let by growth,
warehouse from Transportation our to expanded Our million, network. increased grew $XX.X by due shipment XX.X% services volumes revenue driven
facilities. even successful service growth our revenue warehousing Our million, to increased XX.X% addition of to the stronger $XX reflecting new
our on X,XXX we custom focus primarily revenue, as services other to Our decreased core operations. blockage
with came a growth significant the However, pressures. cost
The increased cost sales increase million QX. to XX.X% X in million manufacturers. or total $XX.X by $XX.X by of was Our driven
expense freight UPS in rise shipping trial. a due was there to higher First,
Second, this as teams the expand support our the and operation benefit growth. and increase to service employee cost expands we warehouse and comparative
reflecting administrative X% increase decreased cost QX and by expenses XX.X% both decreased the pressures million $X.X XXXX, General period year in XXXX QX fiscal and margin XX, end X from XXXX. months the activities expansion million to fiscal $X.X or million X.X% This from $X.X our industry-wide the to same our for in gross December resulting XXXX. for profit year in in
advisory a With $X.X fees driver the to million financial being increased primary the professional services. related investment
XXXX, for of $X.X in As compared December the a ended the XXXX, XX, a same million loss with for million X months million. net decrease $X.X of $X.X result, our was representing the period net income
grew our first at Looking million. XX.X% half revenue $XX.X performance, to total
pressure the December same of $XX.X XX, described compared XXXX, $X.X the months the period earlier, XXXX, million cost the end net million. net million $X.X loss income X However, representing for of of I a with by the decrease in
Turning had cash to deposits June of and respectively, which cash million $XX consists the $X.X our balance of sheet XXXX. XXXX XX, We and restricted tax and banks. position primarily the December ended liquidity of as in million, XX,
$X.X tax used Investing in Our X million standby purchases, primarily used equipment operating expansion-related the a cash activities while shows analysis from the purchase of to first our property expenses, million flow and our half $X.X equity financing agreement. activities net million activities primarily mainly due provided for
purchase million to the significant security This to includes step X chances standby $XX strengthen pretence. in a and to competitive with million We notes $XX promissory have equity financial convertible million establishing a flexibility. of agreement taken of our up
$XX.X our equity metric, is to remains has total position of margin from XXXX. customers the $XX.X The stands total customer customer XXX and December active capital Xx for in despite of working assets at XX Our demand million current of market demonstrates service XX, the growing end base, our as June liability which at encouraging our expanded with the Particularly near-term current our of pressure. XXXX nearly against million, million. solid for growth stockholders' $XX.X base
operating X first, key areas: to new on improving focused leverage. utilization drive our strategy at financial our ahead, rates Looking better facility
efficiency adequate our support third, and better manage and continued and operating costs; growth tattoo the initiatives. automation inventory to implementing for initiatives the liquidity working to management receivable optimizing Second, maintaining
will With that questions. overview, comprehensive Matt turn the it for back financial to I
