Second Quarter Fiscal Year 2020 Financial Results
Financial highlights
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Q2 FY20 vs. Q2 FY19
Bookings up 21%
Record backlog up 39%
Record revenue up 22%
Organic revenue (¹) up 12%
GAAP net income up 27%
Record adjusted EBITDA up 16%
Record Op cash of $32.1M; up 27%
FCF of $20.7M; 48% adj. EBITDA
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LTM Q2 FY20 vs. LTM Q2 FY19
Record bookings up 27%
Record backlog up 39%
Record revenue up 26%
Organic revenue(¹) up 16%
Record GAAP net income up 84%
Record adjusted EBITDA up 19%
Record Op cash of $108.6M; up 51%
FCF of $71.8M; 46% adj. EBITDA
Notes:
(1) Organic revenue represents total company revenue excluding net revenue from acquisitions for the first four full quarters since the entities' acquisition date (which excludes any intercompany
transactions). After the completion of four fiscal quarters, acquired businesses are treated as organic for current and comparable historical periods.
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