Bob. you, Thank
Let's a turn X quarter of to Slide our first overview financial results. for
regarding percentage and consulting. the and revenue constant our of year-over-year XXX but XXXX and driven impact revenue fourth as net revenue First the two, Adjusted margins I year-over-year a on year-over-year, Solutions fiscal XX%, Both flat remaining gross contract; of currency in quarter of were grew X%. gross basis our XX% People was approximately constant currency net the acceleration remediation expected, as segments later provide the utilization quarter, in in basis, revenue down additional an remarks. & Solutions one, Net will Divergent by: with gross and a grew grew XX% year-over-year points NPA year comments Places primarily X%. quarter line sequentially from was Idaho year-over-year. margin my lower growth
and remain gross the accelerators. higher as the slightly net of XX.X%, expect opportunities from the points of was trending XX% Adjusted than for fiscal margin as minus from new of but higher a basis We XXX higher revenue a higher revenue exit down net and G&A we margin of our year-over-year. year growth or total plus percentage year mix QX to remainder revenue margins
offset which other we quarter, from by lower cost. the mostly benefit employee miscellaneous During costs, benefited were
the as higher outlook. such engagement. year XXX(k) fiscal of our factored continued part costs additional culture to in year, medical welfare full plan we and match of are employee remainder the into in investment our make These our improving benefits During improved employee programs and investments as
year stay result, the XXXX. fiscal are for targeting As G&A a to we a of percentage full still XX% net revenue below as
costs. were and decreasing profit for aligned quarter Solutions a footprint of new associated strategy reporting agreements up based costs intangibles, remaining operating creation year was committed future segment. up efforts structure. our half our On related our from for related previous of the $XX XX% our costs work GAAP $XX are of finally, of was noncash supported acquisition Actual with expect $XX profit the reducing to we PA costs noncash the remain restructuring equity a $XXX charge than The year-over-year. and related acquired adjusted real related less Divergent these X% Consistent and profit $XXX operating basis, comments, million our currency with was million million to million, full operating of of costs PA to We largely included other million. year-over-year. our transaction contingent deal XXXX. $XX amortization restructuring charges and year Adjusted restructuring fiscal restructuring million estate to constant
over also $XX QX work real estate charges further strategy. in future and expect execute the we our QX We as noncash course another of million impairment
were purchase $XX equity related acquisitions. that our PA total costs, factored most which is also the from deal with approximately expect we Finally, and other based related contingent for transaction into these It includes structure. our based noncash consideration performance integration price associated of expenses of incentives transaction million
footprint, reducing estate from a acquired to costs. year-over-year. restructuring GAAP adjusted annual amortization noncash to a segment. flat charge review $X.XX align XX.X%, to to charge related impact tax operating to a intangibles of revenue discuss a operations net the per by EPS $X.XX I'll was related underlying rate and the was and transaction, and impairment profit included during $X.XX our reporting adjustment dynamics from the share continuing projected $X.XX $X.XX our Our related real other
was year-over-year, X% of up year-over-year. X% representing first up $XXX Excluding adjusted EPS was XX.X% EBITDA revenue. quarter these QX adjusted $X.XX, million items, net and was
Finally, times basis over backlog as on year-over-year. X% up was currency year- net in our XXX basis. a backlog X.X revenue constant gross percentage The X% margin of revenue ratio a was points and with up over-year book-to-bill
fall until of Our -- book-to-bill the backlog NASA the burn Kennedy rebid rebid by the the continue impacted project's approaching to time ratios awarded. be as NASA continues to which is
performance, Regarding turn let's our QX. XX Slide to LOB for
portfolio. Before and into would by delving I Jacobs some details regarding make like the overall segment, to of the diversity comments strength
term long know, are aligned our all aspects you all portfolio growth trends. with secular As of
the Our operating quarter, deliver its growth. results In and People business led strength in the quarter Places of profit this consistent Solutions exhibit our & to this diversity the strong ability way.
overhead growth up constant results was with strong up disciplined business margin grew double profit a as XX% in greater an constant alignment People them. profit and of XX.X%, gross were Backlog than XXX over up QX a discussed costs. by start operating Bob trends Total up up was revenue basis units currency very secular and let's Overall, and digits growth. year-over-year year-over-year, & & revenue XX% of earlier. a currency. delivered Places solid QX and Places flat driven and profit So percentage constant revenue in points often the in management driven operating with currency XX% contributed and QX that net gross X% and constant People growth Operating X. to currency. backlog Solutions by strong was book-to-bill All year-over-year, with revenue year-over-year net X% margins
We year-over-year operating margin, continue profit profit. & resulting People to Places in expect operating strong improvement full in year digit and growth double in
unit operating profit investments vehicle electric and Advanced chains strongest digit Facilities life and sciences, supply which semiconductor the growth. benefits in double revenue Our the posted from
that continue life robust clients, see comprise impact macro Places to monitor from sectors to demand demand We thirds the business. & our we and advanced clients, sciences across of manufacturing trends continue People our two our which
remain to year-over-year fiscal Our growth pipeline strong across as we set a year to the remains advanced a expect during And result, solid XXXX our XXXX facilities of comparisons. backlog strong and robust rate very despite sales continue diverse and customers.
for convert Americas an seeing related are sales large backlog with over continue revenue. infrastructure Our year-over-year to early should XX% which us and longer we unit term quarter had to award, or profit XXXX as to The mature driven late many provides pipeline wins growth, outstanding by programs operating beginning monetization support momentum. XXXX a confidence
single QX a digits digits double profit operating and but up reported were business, Our revenue currency. grew constant international basis year-over-year on in
FX with large continue Our second existing exchange during by QX current FX will business our international to assuming year, rates. of fiscal impacted half no the variation foreign materially be neutralizing from over and
and currency, require in CMS Mission priorities exploration as benefits well from that up overhead investments. ramped such the US, Moving XX% telecom solutions up XX% monetization Idaho The space to by infrastructure the to XG as security, as QX driven Solutions. recurring business US remediation last support. highly and year-over-year and Critical QX contract revenue multiyear nuclear constant aligned in of was mainly contracts is national limited project transition Europe that up in Australia energy year.
associated down and For X% Operating revenue and digits soon. rebid, to continues remediation sequentially QX expectations was on year-over-year by bill awarded mid remainder contracts. times to X NASA growth lower profit basis XX over the as CMS we constant our project. to in quarters but that line business was to Kennedy be closeout year figure. just the a approaching due project basis margin margins we expect to was up down profit the CMS the points impacted points down in and mix currency were revenue we with book down impact operating Gross XXXX, year-over-year be the year several benefits of on year-over-year basis. from ago X.X%, expect profit to strong single XX% which the include compare CMS fiscal XXX performance enterprise with for and the the the $XX was from Idaho million, margin now
as pipeline. XXXX improve expand We in ability fiscal in the margins margin second with convert sales opportunities half can we to our higher to expect the operating margins of
Gross impact pass-throughs, up Solutions. Divergent excluding was from year-over-year. X% the revenue XX% And to when year-over-year. net Moving increased revenue
see consolidated to by We us below in in investments heightened ability begin stage expand believe expect margins embed with as additional early investments net gain solutions Operating enabled run fiscal revenue offerings. margins in we margins [data] the from offerings projections business scale growth of Divergent well significantly data half in we line technology DVS operating for our which year core accelerate markets. our to to and we X%, from and provides rate were growth are as driven to materially the second our margin, in this start our we sales, profit gross Gross as future our investments. our integrated growth
to We expect approaching Divergent digits. finish fiscal double with XXXX margins
solid profit continued over Turning US dollars over Revenue to year-over-year ago in pounds. year reported impact US translation operating period times. PA revenue the PA X up to from PA and Consulting. The XX% a but had down was stronger from a book-to-bill from in dollar growth. British impact of X%
growth fiscal to remain near year pounds expect XXXX. during British We XX% in or revenue above
Turning to profitability.
XXXX, hired of transition, opportunities goods from transformation sustainable During aggressively growth and consumer strategic an fiscal PA increasing and ahead energy secular year digital across strong demand opportunities.
robust into delayed the While these grow, the sales remains and to burn impact to pipeline continues utilization. backlog conversion continues of opportunities
a margins XX%. QX were operating As result, profit
margins improve have we as exit been to incrementally improve taken year. approaching we actions to significantly fiscal expect While utilization, XX% the
corporate strategic class nonallocated and the in we down further decision move to were time enhanced more made XXX(k) medical, costs key is year-over-year employee as our invest a $XX culture program to flexible US believe leave to strategic further and Our paid and including We off this benefits a million, strengthening welfare talent. plans, attracting and decision match retaining improved world offerings. parental
revenue well of and $XXX our corporate than to medical we closely the seasonality fringe lower can upon other run of our our costs as which our costs While monitoring depending estimate And do QX year rate delivery previous was are as will we guidance, and to $XXX previous million. for vary claims. medical increase quarter our expect mix that million
payment strong of included Free deferral million Act related indicative benefit posted to is cash power flow outflow earnings cash payroll XX our and discuss taxes was balance an which of $XXX the quarter cash of of transaction capabilities. our Slide and million for Turning the and sheet. items. of conversion flow CARES flow generation, to quality other and cash another million of costs $XX to $X and We
the unusual driven the QX the $XXX flow Excluding figure ago for expect to strong with million. cash we approximate free In quarter associated our payment was quarter, cash free very strong Act, very underlying year a the the second the by CARES performance. flow
flow anticipate cash to year, full conversion adjusted adjusted free the net continue we For XXX% earnings. to
Regarding during $XXX the repurchased cash of share quarter. free approximately million deployment flow, our of we the
we discussed Board Directors has have previously the billion authorization. repurchase three also previously we As $X year -- as announced, a of approved share new
We will valuation. price see remain in agile if and opportunistic repurchasing dislocation in shares relative our we
with quarter and billion, gross in the cash billion $X.X ended net a We debt. of of billion $X.X of $X.X debt resulting
an our Our representation QX And expected Jacobs Vice now times population. team sustainability our our our investment commitment of all remain of net X.X We grade credit approximately a indication is sheet. of debt management adjusted to EBITDA target strength in maintaining the as to defined committed continued a bank female clear XXXX balance of as given above KPR to and achieving inclusion and a of debt has XX% President diversity, profile. linked
lock million As of our XX% approximately of debt, of our includes rate X.X%. of $XXX tied rate is to end notional floating which QX, interest the debt
average quarter, the interest cost X.X%. was our weighted of As first
derivatives benefit, quarterly debt maturities, the interest detail have the our rate your to additional appendix For expense. and presentation, in included interest related of we
to quarterly strong was XX% be which our balance on year-over-year our given which remain March we dividend, will and free increased and flow, sheet committed paid Finally, XXth. cash
Now to Bob. turn over the call back I'll
