COO reports revenue up 1% y/y and record free cash flow
Revenue grew 1% year-over-year to $1.066 billion. GAAP EPS was boosted by a $307.2 million tax benefit, and free cash flow hit a record $273 million. Non-GAAP EPS rose 4%.
2 million tax benefit. Free cash flow reached a record $273 million, and non-GAAP EPS rose 4%. The strategic review has been completed, and the company expanded its share repurchase authorization.