Thanks, John.
QX by results mid-quarter were Our negatively cyberattack. financial the impacted
in our the business, momentum for the QX the generate exceeded expected partner. quarter, quarter the we we million to flow year. and and However, positive expectations, of of position net had that the sales our trusted cash operating our $XXX a full communicated as we Last quarter, resilience demonstrating
QX Our we timing working capital and was off and goals. missed flow cash our
you and heard As reduction are FY for earlier, on inventory cash 'XX. we focused free flow
increased year-over-year. of EBITDA adjusted million QX X% $XX.X
$X.XX guidance. For Adjusted year-over-year, of up of company X% the was $XXX full X%. Full of exceeding a sales decrease record. an increased our year, year-over-year EPS year-over-year, EBITDA year is non-GAAP million, all-time X%
consolidated by and rising the comprising interest ended capital interest levels our with profits. rates, the While revenues company's operating recurring higher working profit performance. XX% operating offset higher of income driven We grew year-over-year, 'XX gross total XX% expense, FY
As we our working our capital model goals, to ROIC we while and the expect achieve as 'XX, FY look work has it meeting business reducing demand. appropriately our to profitability in customer still past, to the
John to us cash inventory mentioned This supplier free improving correct by management positions. focus teams to our hard supplier in 'XX. efficiency on As in his are comments, generate our by course our allow will significant FY capital working working
improved below levels revenues. grew quarter. AR and Now, DSO turning to quarter-over-quarter balance targeted quarter-over-quarter faster days sheet are grew XX our the levels our cash operating to well balance X.X QX to but turns for than inventory flow. and times, and the normal our
across these on over employees company As John quarters. next focused the metrics the few earlier, are improving stated very
From balance times ended EBITDA. Our debt QX level sheet remains adjusted at perspective, X.X XX net a strong. approximately months we trailing
with outstanding approximately share authorization the repurchases During approximately $XX have and million June $X an quarter, we in million remaining. had
and Looking positive expects significant on ahead 'XX, capital, and inputs free market customers, modest first down year-over-year. the in in company year working We're we headwinds the Based cash. our to revenues FY growth, projecting to first outlook half, reduced from are of suppliers be full at forecasting fiscal the year our slightly second conditions better of expect X%. half least growth supporting half and market revenue
adjusted SG&A at expenses is margin. projecting prepare to for 'XX X.X% a flat EBITDA half. as Adjusted we to and We're be for EBITDA return the to FY slightly forecasted represents up to million year-over-year $XXX second least in growth be
focused our we'll which model more growth capital. working from working in the normalizing, almost benefit requires chain revenue, business recurring operating our supply our levels. capital on business will With also no and the of be nature Operating cash historic at countercyclical
and in free million grow fiscal we year. interest generate with mid-single-digits, when in $XXX drive our expense full flow lower we cash along inventory that, and efficiency operating Historically, cash least improvements, at the for will
on For repurchases. share opportunities our FY also focus 'XX, on will priorities plan our capital strategic and to M&A allocation accelerate
now it questions. for up We'll open
