Our March 2026 quarter was a beat-and-raise on the operational lines. Revenue $235.8M, up 11.5% organically. Adjusted EBITDA $36.1M, 15.3% margin — up 46% and 360 bps as gross margin expanded 230 bps to 29.3% on legacy backlog conversion and target-margin bookings. Bookings record $348.3M, 1.48 book-to-bill, backlog nearing $1.6B; domestic up 17% to ~88%. We raised FY26 guidance to mid-single-digit revenue growth, mid-teens adjusted EBITDA margin, full-year FCF positive. Longer-term: above-market growth, low-to-mid-20s adjusted EBITDA margin, 50% FCF conversion. Not done.
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