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announced I This as Zacur, morning the few Operating Chief and changes including; Jochims as Chief Officer. Mark Officer Commercial Jeff
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in sequential third quarter quarter. with back-to-back that a and Lowry and few on significant third discuss my I We in will quarter had performance the of Mike move results provide me performance announce another quarters to detail successful let the excited quarter. improvement. will I'm So minutes. the perspective we third to the financial had on results
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cash flow of working to to flow income time cash emphasize alone combined able that improvements and flow. over results and metrics, $XXX operating working quarter levels. the improving to flow, key And were quarter at cash like both continue cash we same generated Second, million. strong $XXX in These the operating third by operating while service third I'd generate major We in capital million operating improve second was driven were we and capital the worth management.
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to we continue levels. Fourth, service our improve
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nearly XX.X%. accuracy now First, shipping our is
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provide and to However, innovative improve to drive services. continue further we will initiatives additional
segment. its fast-growing in And fifth, performance the Byram continues health strong home care
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am in I the to two impact in the diligence we with and non-renewals mitigate momentum our focus pleased we must of quarters that past customer the maintain to FusionX. positive over continue the have displayed business, While
For previously the into year and the remainder revenue of profit continue XXXX, customer will related on offset the we non-renewals. to improvements focus to to headwinds discussed
in to from and year's comparisons. we fourth revenue this in fact additional quarter quarter large quarter this of we in and impact the In mentioned expect first the exit to began impact next customer see exit the the customer feel
customer mix shift higher into an through ongoing productivity more new growth wins, and businesses. We will profitable continue to mitigate this impact improvements,
be additional In variable. annual revenues have mentioned business provide And to our early-stage our Mike impact expect it guidance. related as $X.XX value-based we previously, have addition, XXXX financial we will management a continues of per on minutes. timing few to care details FusionX an of share in a to
that to and I our may to You mentioned grow business. recall stabilize four in we the call, need earnings prioritize areas last
So, provide an update on progress. me let our
while First, I of drastically serving continue on to to a intensity, challenge customers. our our intention team maintaining and increase level high myself our
enhancing offer company's responsible best the Commercial in importance relevant of for Officer Mark as most strategy, the the changing to is be health and solutions focus. ability Minor to of example go-to-market customer adapt will the Mark aligning Appointing landscape, the Owens and industry. the & an Zacur Chief care
We clear, in deliver to on presentations. meetings, personally will I reviews, customers let RFP customers, will to engage business and customers customers continue organization continue never want listen will I However, continue our promises, for customer our be interaction with make up. will not granted. quarterly as take to our I to and I priority. our to significant including an
with world-class by talent as well in as into the of bringing to a solutions to appropriate. as we as efficiently today, needs announcement is ability structure organization capable more and integrate announcement example been closely our the Second, enables as successful of promoting from customers. evidenced more us organization of this of continue and speed of best well to level increasing executing the in bring quickly The strategy, our provide more our as today our have while industry our Doing an talent the so in the decision-making. in streamlined within
we serve to operational innovative improved profit of is drive to efficiencies, improvement, with amount vast that our and customers. used collect best the Third, now services being along data
We will discuss more this in the quarters. future
authority Finally, level and of we stakeholders, to commitments are our to and accountability our customers, honor a instilling higher teammates.
In in closing, I momentum the the positive business. am with pleased
albeit Looking a at this continue forward pace. quarter, slower improvement and much trends sequential excluding the FusionX, we into fourth quarter from expect to
required addition we quarter and the remain holiday flu at to use of expect in levels. buy assurance In of invest capital provide first will in the working that inventory both to service the XXXX, appropriate
improvements operating focus Also, diligence acute care, we our continued product and businesses, our in core distribution health customer initiatives drive channel, the with manufacturing, services. care productivity our around home to our expect
recovery joined ahead. envisioned I While we of when recognize still we the work are long-term ahead plan I amount in there that significant are March, of
our while integrity. We focus maintaining of take industry-leading granted and for highest will will level customer not we the provide customers
to Finally, Mark add opportunity and Bob I'd like expertise leadership our to Beck & to Owens the will and operational perspective welcome Their Minor this take depth and to experience Henkel board. Board.
the now quarter Thank for Mike and year. outlook for your results call discussion third you for turn of and I the of will our rest time today, to a over Mike? the
