for on we the to I'll comments towards a are Thank results us transforming you our call everyone. update our I'll morning. on with progress company. on an good then move joining the on few this begin Thank you quarterly and morning Trudi and making
by The strong performance and was from solid performance driven and Halyard characterized SBU products third growth quarter by from our Byram.
continued our were However by these offset and distribution gains legacy underperformance business. pressures in
we Capturing European quarter is and but improvements improvements distribution operational still greater our business. a longer logistics business anticipated. domestic the it had to and these top than in attainable During take planned will we had see priority, our
have efforts in of these added to our our and We areas to leadership and new enhance resources progress. accelerate both
quarter environment margin addition In Robert challenging will and distribution in have during few minutes. a results and our remarks pressures remains the acute churn provide continued. space a his into insight customer additional
value-added on position and and previous of alternate transformation products; distribution are four of Byram we & made the the integrating helping following and The our counter for significant As of model have business. three, discussed objectives: manufacturers. and moves performing four, delivering calls, Owens Halyard one, and business our channels; attractive & well an site new to portfolio domestic both success. long-term The Minor Owens strengthen is and our solutions for two, on growing based in business; expanding to domestic brand we successfully delivering headwinds are Minor distribution own strengthening our have on and acquisitions providers Halyard diversify to
and on to we the towards in I'd transformation our provide achieving making Now business out update building like an concrete progress strategy. are our
differentiated stabilizing our is solutions. supply value-added by I'm this this seeing our operating mentioned top and of emphasize Success business, is business in had we than longer chain distribution but is progress, performance. domestic our as impacted we to priority anticipated. signs dynamics actions for and are competitive As I improving taking taking our
our service solutions customers' to operations greater our will enable value are model customer for our that deliver Our us with new new data-rich and integrated customers.
strategy is Byram our in As given expertise site for the direct-to-patient market. is alternate health great capabilities results. the attractive in second-largest already growing Byram third-party advanced billing established team. brings a the home patient Healthcare and us robust Byram channel. strong entering has delivering the an channel, market brand, player momentum an attractive to
in integrated investing experience to are new We such a capabilities service patient's improve payers BXB to e-commerce electronic and our and portal and an our supplier enhance as platform catalog new web to partners.
having early accessing to proposition the Byram's customers GPO in Byram includes contract team also value in are connecting and pricing. pursuing signing which large customers. IDN is We stages good our success The of
As expectations. heads in Byram's August won new has exceeded accelerate new a Since major growth year, This of already customer our as which boarding. I mentioned will recently XXXX. Byram it the last into last growth on further quarter, contract they Byram are acquiring team
track on are of and integrate expand own portfolio to in products. brand our Halyard our We progress
we early integration focus cost services various the transition through unit synergies. achieving and process, As move is on this is resources positive showing to our growth revenue the exiting and is adding business Halyard agreements.
our earnings previously, increases brand revenue go forward had This from transaction low-double we digits meaningful a as own of with our of the mentioned I source platform a leadership for percentage contributor results our Halyard drive Halyard our model. initiatives As quarter. be products. low-single the digits. and to product our to own business place new third strong to growth in was the We in brand now have will
by in earnings the production costs QX XXXX, and call, we input commodity our during mentioned driven experience into costs. higher as higher However, QX will
for value-added also traction. Our move to deliver is gaining both new and providers manufacturers solutions
chain a proposition enhanced and value new our based is with solutions on is resonating of with services, supply value-added customers. range Our
fronts management, standardization while care of such providers, solutions point data selection consumption pain significant points the at product that For these drives inventory and number reducing customer costs. address real-time a on as of
QSight improved point we wins with saw For technology. enhanced of the example newly our customer during quarter, use
help variation reducing and Our they cost. customers and reducing are and pressures under enormous cost want our their waste clinical total in
of manufacturers the manufacturers, the extensive U.S. who knowledge outsourcer in products deliver logistics for care. headway to our These customers and signed point preferred are becoming value way and of healthcare For continue our new we toward manufacturers. healthcare have to of ability Europe seeking make the manufacturer we our the logistic services. all number a Recently to
deployment, turn and Now our specifically me capital to recent changes dividend. let to the our
we it and our dividend we As deleveraging dividend. strategy discussed and our shareholders, capital return deploying on adjusted to allow our to business. is while review transform that move sheet benchmarking, us so previous our calls, aligned with After extensive our level. regularly review has current and will to capital have continue to balance capital board This deployment also our earnings
in the $X.XX to turn expect diluted me of remainder of range $X.XX. XXXX, let the expectations Based the our adjusted the now to of Now on for income per for share remainder we outlook year. net
transformation guidance of We well of XXXX challenging the quarter dynamics, our distribution Against in especially year. will first next business, update our the domestic industry underway. is backdrop in
of value Minor to flow. significant with growth for our We bold We these position of business long-term proposition with and significant in our that has capabilities new allow and to and marketplace. shareholders' believe invest position more take assets company to decisive initiatives continue business to deliver our additional value in sustainable drivers new and our drive and performance Owens and to will us for cash customers & sources value earnings enhance our now diversified The model steps the improvement success. stronger, profitability to a combined
of like financial our a I'd call over turn results. Now to the to Robert review for