The company states: “Based on demand trends as we exited the third quarter and the month of October, we believe sales for the fourth quarter will be around $351 million; which implies ~6% proforma core organic growth over the prior year fourth quarter and adjusted EBITDA(1) margin between 23.0% and 23.5%. This brings the full year outlook to $1.525 billion and adjusted EBITDA(1) to $336 million to $338 million (~22.1% adjusted EBITDA(1) margin at the mid-point). Additionally, we’re increasing our outlook for free cash flow(1) to $230 million.”
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