Thanks, Kevin.
to our demonstrated our creation. Quarterly results long-term drive which value of position compared leverage to XXXX. ability of million, revenue financial was was down QX $XXX X% our resilience strong differentiated Our business to the and
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the and compared EPS XX% and $X.XX, full to year, $XXX For diluted million XXXX. was was income up net XX%
diluted the last For adjusted year, $X.XX, adjusted and year. was XX% income million to $XXX up full net and EPS XX% was compared
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sheet a near of balance to in acquisitions. quarter expect timing shareholder was a to priority In of our M&A. representing million back we to debt, leverage reflects $XXX in drive sheet We net ratio the in $XXX uptick acquisitions, due the the on as X.Xx. largely and strategic consistent drive end, leveraging million At this XXXX, invested the value of $XX through which down million creation term showed balance cash recent the
dividend on our dividends executing paid equates and dividend a be million March increase $X.XX $X.XX return distributions cash will us to The a per to to maintaining which $XX current authorized deployment from X% distributed our an share, XXXX, we or our shareholders. to annualized $X.XX in yield has by Additionally, committed strategy, in also of levels. new to to capital continues to in quarterly dividend We and our The Board of remain shareholders. X%. dividend steady M&A raise of prioritize
our Regarding opportunities the evaluate goal M&A, that and market. our strategy is our could across to positioning Federal accelerate enhance
the respect representing chain QX the to aligns the modeling, the preview guidance to this as view Moving new we guidance, second the from your add-on revenue. from less well backlog XXXX begin incrementally awards, that between contract billion new operating midpoint build as chain help The a largely supply XX% contract timing with environment revenue At with linear with we to recompetes market on come revenue assuming with to are to competitive of well supply $X.X as contribution of balance normalizes our we you the to and from reflects more approximately and anticipate labor awards as and our providing coming a and billion, this X% the We revenue afternoon half expect expansions in X% be XXXX. growth. constraints, business. $X.X mods of are contributing smaller and To CR. and
work be full of operations impacts the snow fourth the quarter well and from we as likely that involuntary reductions from resemble January as expectation off days of resulting in lightest COVID Afghanistan the will QX utilization the XXXX the lower Our as in the quarter support. and is impact year the
margins and to profitability. Moving
to in projected indirect and for EBITDA Our tailwinds excludes is XXXX. normalization which of spending nonrecurring enjoyed margin X.X%, accounts be the
tax diluted fully assumption adjusted between is $XXX.X ranges Underpinning and net $X.XX EPS XX.X expect shares. these and million XX.X% and and an diluted estimated approximately between share an million effective adjusted We income of rate million of $X.XX. count $XXX.X
to requiring cash that for representing is deferred from to for tax market year XXXX. X.X% and expect expenditures be years from the of R&D purposes over decline legislation capitalization are XXXX. Capital assumes around operations least a be beyond at X $XXX revenue, expected million We flow the
Matt development business turn operational the cover it quarter. for over I'll to the to and Now highlights
