Thank you, and good morning, everyone.
Matt McKee and I appreciate you joining us today.
quarter by morning week. the fourth filing plan our XX-K our end released results and this on We of the
quarter. in discussion discuss I'll over provide I'll highlights remarks, trends the and on my call our then industry on outlook. Today, financial lastly, a I'll And QX turn I'll the first latest to and XXXX share more to then discuss accomplishments. the Matt developments. detailed our our perspective key opening then
that now accomplishments. QX I'd with financial highlights our So to discuss overview, like and key
and reported For $X.XX; of adjusted $XX.X of from adjusted operations cash ended the flow and adjusted in of of income QX million increase X December and adjusted months $XX.X flow which of XX.X% $X.XX QX EPS million, million, EPS million X.X% million XX, line million; million, revenue cash net over $XX.X EBITDA XXXX, increase a diluted over adjusted income diluted a we expectations; XXXX. net $XX.X and revenue XXXX; $XX.X and from and operations with was $XXX.X of of $XXX and and
achieved of team ongoing momentum throughout of cash flow backdrop on quarter second strong industry the fourth and our of Our Against managed half the XXXX. recovery, XX% quarter building XXXX. adjusted collections, and exceeded delivered results, XX% we cost under cash an services projections for
we confident XXXX. to continued deliver in that remain also grow our We will and goal and our business year-over-year pipelines on new growth of manager-in-training
the by: jobs over to the in XXX points environment XXXX low, labor with workforce at on levels. bringing Medicare X.XX the below I'd improve, XX.X%, continued operating only October industry continued trends than sits occupancy, stabilizing now with of latest total million, and market the highlighted reimbursement Industry levels; jobs perspective April solid adding basis positive X% pre-pandemic level; trends which metrics XXXX, XX,XXX but XXX,XXX now state and like at sector share and increase the developments. higher to a rising the below jobs XXX,XXX our still to A pre-pandemic
September comments rule regulatory which On period XX,XXX end open on X. CMS the the hopes the triggered rule November timing has submitted, Over final comment uncertain, it of by a a although proposed year. through and front, final that a to the staffing were XXXX, remained X, a rule of minimum XX-day publish remains indicated CMS
to rule, senators of like their members; There trade is one lead apparent growing of the areas. and size including and for would stakeholders all mandate; XX the leaders; present a as MedPAC near opposed and the the proposed, and unfunded facility care, legislators, nursing The in ultimately care ACA; reduce implemented the including counting. reasons fits closures disregard list the the group access nature to rule future certainty approach; availability; bipartisan if a of associations of that, industry include especially realities for to the health and rural opposition
least any to would survive potential the uncertainty on remains political at least proposal. perspective, administration; be there whether some would legislation; rule in to addition ultimately comment at implemented, a that litigation; be rule inevitable public final our changes period, resembles and to the In any From level, funded. rule as have great current
rule. significant confidence I That And on impact a it our before implemented, customers' manner. prudent that manage to have will if consider said, remain hopeful ultimately the in one we in fully is CMS ability operators a finalizing
X to top our for XXXX, As continue as outlook priorities follows. be far our as
faith wage considerable take experience, capture operational in enhancements, better but adherence, in to the a to customer contracts execution is in our our into with of XXXX. a deliver work It trends regulatory strong services Those closer along The basis. cost have inflation cost of do contract adjusted first services ability target budget. positive pricing modify increases granted, on systems in in full discipline, to took recent of We the XX%. operators line and managing momentum heading with our for amount to on not compliance real-time our XXXX budget operating provides of and
expect of services adjusted of We QX XX%. cost
growth a revenue converting Our retaining $XXX pipeline million. second of priority on manager training adds; $XXX strategy range and new We million our our future is delivering organic sales our growth facility developing year-over-year business. executing into QX by from hiring, adjusted business and estimate candidates; to through existing opportunities
a for priority the And the to is first area third of trends recovery. of opportunity company an lagging this recent of we have our The what industry collecting improved XXXX. XXXX, view in half as while indicator collections compared and cash We bill. remains XXXX
some million, year $XX $XX that in million million continued $XX anticipate QX XXXX. cash to and will XXXX of our XXXX continue the We collections to strength expect ahead, respectively. We gaining further into ranges estimate adjusted cash choppiness but flow X and still throughout and
It's an been proposition, as company we're solidified has the the The our of and durability the we the our prolonged for turn challenges what market-leading for of past incredibly time rounding industry. navigated years few value exciting position. business recovery further the model our a have
a than the of with capitalize the favorably are As at ever. demographic enter deliver XXXX, company's beginning shareholder on meaningful we fundamentals we and the the And ahead underlying multi-decade tailwind, long-term to value. stronger opportunities positioned are industry
the I'll discussion a quarter. detailed with So the turn those for more call on introductory to over Matt comments,
