EBIT margin for the quarter was 23.6% of revenue, an increase of 250 basis points from the third quarter last year, due primarily to higher gross margin attainment and lower operating expenses for travel, sales and marketing, and compensation due in part from the business disruption from COVID-19.

Feb 3, 2021 / CFO / receipt, needs a key / Mike Tokitz, CFO | earnings call 2021-02-03 | transcript 880f765c-34b6-4e42-9800-0aa7f81c30b3 | chars 2882-3180 | segment 3