Fiscal 2027 Cash Flow Guidance -- Approximately $370 million in operating cash flow and approximately $200 million in adjusted free cash flow. -- Approximately $370 million in operating cash flow and approximately $200 million in adjusted free cash flow. -- At least $192 million, adjusted slightly from the prior $200 million target due to GAAP-specific items like depreciation and amortization. Fiscal 2028 Free Cash Flow Conversion -- Approximately 45% of adjusted EBITDA, implying roughly $275 million in adjusted free cash flow. Adjusted Free Cash Flow : Cash flow from operations minus capital expenditures and capitalized software, excluding certain non-recurring items.