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different SG&A, except promoting, become forty one.Four% of net salary in Q3, a sequential reduce of one hundred twenty foundation aspects from Q2 and a one hundred sixty-foundation-aspect reduce from the identical length ultimate 12 months. Despite our growth in the quarter, like many others, we’re seeing endured labor market competitors. And we will continue to make investments to appeal to and hold the most fulfilling ability to guide long-term boom and raise the client experience. Q3 adjusted EBITDA changed into $11.6 million and reflected the movement-through of bigger revenue, more advantageous gross margins and effective advertising spend within the quarter.
Q3 web loss became $18.8 million and diluted loss per share was $0.18. We ended the quarter and not using a debt and $303 million in money, cash equivalents, and particularly rated securities. And past this month, we renewed a three-12 months $a hundred million revolving credit score facility to give us with superior flexibility to invest and accelerate boom. We had been joyful with our outperformance in Q3 and are excited for the development in the apparel market backdrop to continue.
With that, let me now share our up-to-date outlook for the remainder of the fiscal year. In q4, we predict net earnings within the latitude of $540 million to $550 million, representing increase of 22% to 24% year over yr. We expect to generate tremendous adjusted EBITDA within the range of $15 million to $20 million or 2.Eight% to three.6%. To wrap up, our third-quarter outcomes and outlook underscores our potent enterprise momentum and enduring secular developments.
we’re carrying on with to innovate on behalf of our shoppers and our focus on driving long-term growth by using bringing greater consumers into our ecosystem of personalised searching experiences. We stay very excited for both our fix and shop choices going ahead. With that, we’re now able on your questions. Operator, i could turn it over to you.
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thank you. [Operator instructions] And we’ll take our first question today from Edward Yruma with KeyBanc Capital Markets.
Edward Yruma — KeyBanc Capital Markets — Analyst
hello, decent afternoon. Thanks for taking the query and congrats on the momentum. I guess, first, you guys called a couple of categories that were working from an apparel standpoint. It sounds like a great deal are tied to kind of trip and reopening.
I bet how would you represent efficiency and where to work? I anticipate this is going to become a tailwind at some point. Have we began to see it? After which as a comply with-up, as it pertains to direct buy, I believe you as soon as commented that the gross margin turned into comparable, and also you anticipated that to head better over time than fix. Just variety of curious where you stand with that today. Thank you.
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