“based on what we know today, we are maintaining our full-year guidance for accelerating revenue growth to 5% plus, and above $13.5 billion of free cash flow.”

In context

“lative strength and resiliency. Our clients run the world's most essential processes. Our diversity across businesses, geographies, industries, and large enterprise clients position us well to navigate the current climate. We have an experienced team that is focused on areas we can control around our supply chain, accelerating our productivity initiatives, and maintaining the strength of our balance sheet. With this backdrop, let me touch on our outlook. For the last several years, we have been strengthening our portfolio and building on our track record of execution and our outperformance this quarter was another proof point. While it is still very early in the second quarter, we have not seen a material change in client buying behavior. With the caveat that the macro situation is fluid, based on what we know today, we are maintaining our full-year guidance for accelerating revenue growth to 5% plus, and above $13.5 billion of free cash flow. Over the longer term, I'm confident in our ability to deliver on our model presented at investor day for sustainable higher revenue growth, and strong free cash flow. With that, I'll turn it over to Jim to walk through the financials. Jim? Over to you. Thanks, Arvind. In the first quarter, we delivered $14.5 billion in revenue, Jim Kavanaugh: $3.4 billion of adjusted EBITDA, $1.7 billion of operating pretax income, and operating earnings per share of $1.60. And we generated $2 billion of free cash flow. Our highest first-quarter free cash flow in many years. Our revenue growth scale, and accelerating productivity drove 240 basis points of adjusted EBITDA margin expansion. And 12% adjusted EBITDA growth. We exceeded our expectations on revenue, profitability, adjusted EBITDA, and earnings”