Gross margins widened from 5.97% to 7.47% compared to the same period last year, operating (EBITDA) margins now 5.35% from 3.89%.
Year-on-year change in operating cash flow of 394.04% is about the same as the change in earnings, likely no significant movement in accruals or reserves.
Earnings decline largely a result of non-operational activity, pretax margins improved from -1.65% to -0.09%.