Profitability improved at the EBITDA level, but tariffs continued to weigh on gross margins. Okerstrom said adjusted gross margin was "just over 63%," down about 100 basis points, driven "mostly by the net impact of tariffs that were introduced last year." Adjusted EBITDA rose to $314 million, with adjusted EBITDA margin expanding about 140 basis points to "just over 29%," driven by operating leverage, structural cost savings, and favorable foreign exchange, partly offset by continued investments in innovat ...