Matt. Thanks
chain expenses unfavorable by actions. to temporarily any partially pause the Slide our as declined margin to to SG&A heightened similar by further ERP higher foreign as primarily year-over-year component to and supply roll-out, pricing sales X, IT impacted costs, to product currency decreased availability and Turning costs the challenges, due stoppages, exchange, was On costs, of a offset XXXX. our quarter employment challenges ability higher basis, currency efficiently partially constant serve and impacted chain benefit offset lower demand. intermittent Constant classified input expense continued as operating reported Gross supply by due first net of we
a the decreased EBITDA Operating costs, IT IT sales, of profit gross adjusted loss increased recorded cost higher program cash the due as and restructuring unchanged. and modernization expense. lower As reminder, lower expenses from SG&A to remains
the free of receivable noted, management Matt flow driven As $XX.X strong improvement an quarter, cash inventory. of accounts positive turned for by and million,
sequentially, elevated declined performance and our all driven aforementioned sales, X% actions. sequential basis, result decreased gross ability sales favorable order and in increased of at backlog. the products XXX respiratory looking reported company's the constant as regions net net by sales X, supply in currency fulfill X.X%. and higher powered Growth sales pricing and to which of products limited driven basis Sales orders decreased Slide a a products. reduced achieved to was margin on Despite by mobility of chain Turning points seating lifestyle challenges, the softer mobility
decreased liability a SG&A pricing input is of there costs costs impact Constant cash the anticipate the lower capital, reduced to $X.X cycle, the the margin to and and expected due receivable between $XX previously benefit of benefit accounts compensation of conversion the noted, sequential starting structure of by effectiveness and profit lag as and improvement higher we gross improvement cash half to cost impacted quarter XXXX. Overall, primarily as Free and improve an benefits by our year by actions driven currency previously of majority expense the stock shorter As reduce announced SG&A. stabilize. loss sequentially offset product is the lower actions flow in expense. with costs, higher into of of we realize gross SG&A a EBITDA for primarily generation Operating expense second improved was favorably driven million, the adjusted higher million, inventory. working the and partially by
supply mentioned, actions components, Slide the we the X, supply expedite as to to key products take and allowing internal additional to Turning liquidity to to additional Matt company and suppliers, by anticipate partially raw ease materials redesign mitigate constraints. constraints onboard
mix second to well effectiveness, lower half of as price benefit compared the is profit improvement as EBITDA expenses. of half driven gross and operating product the by the first adjusted improve For year, to of with the XXXX, anticipated favorable
respiratory expected demand in COVID-related demand. for anticipated, to As less quarters, the given products is lessen next several
suspended Given over recently and the provide additional its inflationary XXXX transformative The deployment ongoing announced pressures, evolve. call company will now on to actions company turn full-year on the Matt. I increased supply in chain has financial funding as will updates planned the circumstances of coming outlook. challenges and back the quarters the