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Small and Medium Business (SMB) Solutions revenue declined 6 percent on a constant currency basis and 11 percent on a reported basis. For comparative purposes, revenue would have declined 5 percent when adjusted for the impacts of currency and the divested revenues in Europe from the prior year.
Adjusted earnings before interest and taxes (EBIT) was $178 million, which was an increase of $9 million, or 5 percent, versus the prior year. Adjusted EBIT margin expanded 190 basis points to 20 percent.
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