us. operator, and for thank you, you, joining Thank everyone,
sustainable to these more strategy of to in and steps the that, discussion with by our high-level the long-term next actions. discuss a Daniel I'll After reinvest review over start pass followed reorient on results, growth. call a details Let's business for our to on
well results to core. as On our today's our results which business, refer I'll both of as the I'll core be as full discussing call,
U.S.-based, base of Aeries. clients consists that revenue consistent long-tenure, for served as business a high-quality core Our have
projects consulting which businesses exited. consist have Our now markets in of we East, the noncore and Middle
down X% XXXX, For second of fiscal year the the quarter from were million, prior $XX.X period. our revenues
profit our margin was gross in XX.X%. gross resulting While $X.X million, of
fiscal $XX.X positive revenue, which business to core North However, is million. business for XX% is, our where to core The up was our over adjusted contributed the second our $XXX,XXX EBITDA. America quarter,
in growing results fiscal decision American is the to clients. This focus service IT or the core portfolio second the significantly solely businesses the Our than PE-backed primarily reflect quarter faster North Center, and services Global our is business GCC, core Capability on that industry.
into we large are a contracts We high have with partners ideal and level clients margins, at will of of new client future forward. seeing favorable going opportunities that visibility a make pipeline
at representing mentioned is calls, and we quarter. of prior first will continue Aeries markets to in This have term believe America XX% business and potential of risks medium business. suite, of be strongest and in worldwide while the revenue remains we continue heart approximately to I on profitability so it on target fiscal based our to the As doing North near the market, our the assess
exit East. the which consulting the to in current projects the consist have We Middle noncore decision also made markets, of
these consistently statements. have in resulted reflected is in which Additionally, Middle credit losses, higher-than-expected our East slower collection accounts cycles, which has financial
business to majority receive parameters pursuing not noncore This of timing met. the do has we anticipate certain uncertain. revenue. critical expect we business While business additional the in to there medium do to from X term, of the remains are any payment gone payment these future, unless And near in now
expenses. Between call for cut laying future we of discussed additional $X Further, enhances sustained over as laser-focused are last and growth. that previous our million we have I optimum by the on realigning our costs annualized quarter, level an to foundation profitability today,
our in see fiscal to expect quarter. starting third these savings effect We the full of
will even our to our be with the growth. myself expect. will executives, growth organic profitable quickly This revenue focus can ensure coupled that fact, investors return pay cuts to In be taking we renewed included, on
our quarter one portion operations The of a right forward albeit lower a the to exercised in fourth high-margin year, will smaller them going in contractual clients revenue wanted have large managed remain end lump I capacity revenue going but buy from us. be forward. out a the of recurring mention large their result sum Finally, from client, their of to by will that this offshore fiscal there. of business They
client's times the growth This a our believe necessitating to significant these operations them X other sum us board. is history the to and deliver business the only there when happens lead stakeholders sustained across move We of has our actions strategy, occurred shift the to value in typically will in and in-house.
In results fact, bottom top the and are better seeing we improving the expect to and third quarter. second quarter already sequential both on our be than line
than third the We also fourth better quarter sequentially quarter. to expect the be
financial provide in updated for like outlook this mind, an XXXX. I'd With to fiscal
revenue, expecting For a million. $XX to of are million $XX range currently we
core of For of $X expecting core range these adjusted our Both million of to $X business. items currently we EBITDA, are a million. are solely inclusive
would the I call our over to now on details to Daniel actions. strategic some Daniel? additional like pass And for
