Thank afternoon, joining going Q&A. opening so can have again, the to everyone, you, little good life And recently quarter, we Andy, today. of as prepared a and Once for for to the it I’ll as us time thanks meaningful bit before try first brief the the we’re clearly more accomplishments remarks keep sciences for some including investments up Q&A. on our of monetization my from focus comments more announced we
there segment. by see EBITDA Slide to Insurance that segment operating of a income summary adjusted we’ve for X, Turning our our along broken out you’ll our with adjusted again
from EBITDA Global minutes. I’m talk of addition the the I’ll projects but of HMN. in some for and which Global notice overall I’m explain also impacted more that more new Clearly results in this I’ll was again, an exception going were of segment a as our will generally this little mainly a You subs, Broadcasting issues, short-term time. what’s first from primarily negative say some I’ll have about Marine with the each key pretty bit we’ve on there, speak, business Services decent to timing our in about a about, going which few and that reporting quarter. about somewhat point adjusted entry our detail, excited obviously, segment, out at But the quarter’s to was broken the quarter. extremely for
we’ll on an sense me why are work and stated of or experience in nature That’s or expecting those to but time-to-time be what not people value that makes businesses to consideration make be and think LTM a some more math, doing we that say not DBM, at we that judged this I’m stock obviously, about sort to we’ve people little but continue quarterly extrapolated that basis, can’t judged said or These into we and all. especially was the do our before, at needs the businesses What should – people sure a more a LTM the would we’re large not bit annual be and it transaction, can taking quarter, disappointing project do of assets marketplace. we’ve quarter-to-quarter can recent from variability. evaluate scale Global done numerous sorry. into business disappointed are overall value it is to is I think the As the our suspect times. here, to this is the again, it price given of appropriate means
asked last the that we happening then Just that been the things Marine, ongoing with are for reaffirmed our largest I full that earnings a the guidance our times different of provided two year. year announcement Global important for subsidiaries. both DBM, number we of some about for we’ve at the think it’s And in have Global and guidance and
experienced will that’s of think projects. to type see from of are of types not variability continue these is – unique to major we the of don’t – these that big that I volatility, expect indicative want the time-to-time expect say I have that – but businesses for and to type
clearly So is – year announcement reaffirming our understand I for and earnings that’s to is think the our taken not lightly. not important from very
where and call. crossed we dotted mentioned pervious comfortable we are And T’s the this. in So on the have the and what about I’s very feel we
so going me lot through in all. let things walk you it portfolio, a exciting of the quickly on have We
first, decent First quarter $XXX backlog quarter of I with DBM another and million. as had record again $XXX of mentioned, backlog near highlights, adjusted million,
revenue EBITDA, maintaining $XXX Rams, near $XX first the L.A. – while generated Roach in and Rams record L.A quarter, in his stadium Linda the backlog. million ramp to adjusted continue Loma up and and that and During hospital Chargers million team Chargers almost all
what mentioned respect over for timing these business I and from quarter, quarter and but to And are fourth out of from things was team are there visibility to again, kind right doing. down that Roach there about now. Adjusted moment projects that it’s the perspective what reflecting year’s and we’re Global. all, at had continue to down. business are had cetera, and clear there doing not the and that’s some is to EBITDA be out there’s XXXX, business that’s in next clearly with enough have related that I first know Not with people talked the the there of up So last variability backlog out same a one slowing decided be DBM. et
segment quarter $XX remains for good During of business us. million the and distributed source that our I full million underscoring are EBITDA this million. continue first between DBM And HCX year reaffirming cash just to for we to to adjusted guidance share a expect $X want emphasize that tax of and again this $XX
the new EBITDA contributed expected only to point of Global I two And off down in in Global in Global. reported of quarter. million. still over prior before. $XXX of talked course. Volume project first HMN revenue are we of about with et projects Global $XXX cost $X.X quarter reported large that Adjusted projects nothing manufacturing, was the and booked associated the half normal the reported as quarter coming year to of the at full after ramp year. million reference, specifically again XXXX, year $XX operation, again backlog million. projects few variability JV, quarter quickly, million two strong factors of to good. adjusted backlog We’ve continuing Last it stated remainder very, $XX of XXXX, EBITDA of also came timing periods, for on cycle. Quarterly for negligible quarter record result million And up and near a million. profitability the $XXX,XXX, of results, cetera but be earlier, of very is the more the JV, Moving as Marine first was adjusted HMN during first year the is, to for across think commenced of second in of the the distribution, if turnkey major were back these quarter $X.X the you in which including the EBITDA A a a of SG&A Fixed the is second in JV primarily incurred the
of on indicative and believe Global in guidance will of So visibility, adjusted the future in this sort performance, view to between all, strong. current variability of million that All of our which is believe $XX of range we full year the $XX continue current not based remains EBITDA. on million within based very business, come we
and upgrading the stations. organic integrating those about acquisitions as integration marketing by been with and sales. fueling Energy, Questar. focused made deals the development fuel has remember you to volumes the notably main up year and on to ANG, last heard on year, drive up efforts ANG by equivalent stations completing of gallon and ratcheting last in talk us gas Constellation was associated two of ramping focus This associated business year Moving
and And on for monetization in will out $X significant told to volume million saw ANG network. forward. the the increased reflected tax as paying an look In in on credit. the results which credit with positive And continued that will fourth quarter agreements credits across customers QX the through existing cash focus a will addition, out RNG you’ll year full receiving customers, you quarter, develop credits the credits to their that business customers, renewed preferred renewable gas financially. incentive, we and tax XXXX was impact some the continue network see going for as a it of flow drive energy of reminder, expect and quarter, ANG. XXXX some ANG the new this fueling In credit to paying the in the $X.X of to result and first alternative net fuel RNG after stations That across million after gas have in the
lot it the and in this get it’s in about trend indicative thinking the involved is be And don’t there. today four bigger out because think which going many believe company, to Clean it’s you a very in pricing people top And know should despite station see some report it oil I saw, people players critical marketplace, was we with entities people positive Total, Energy, a marketplace, if that positive mass I And think major here Continued XX% I CNG acquisition stay a you’re of and oil the upside. to this where are of or some size, thing. the by how three diesel especially I of is for where acquired that get from what a as of is. it
from behind play And far one that some not we’re have entities we stations and frankly, XX of a the two. number CNG structure. pure convoluted have we have though more where other even So quite type the
lot continuing to tremendous of to opportunity forward. M&A as with entity surprising don’t that continue be is doing business, what really So and We’ve this this it in job be are Drew fantastic there’s in But this may, believe wouldn’t activity we business. a that built do see alone going here, think team additional I here and understood. we’re do we a value to
of Just the for relationships. briefly continues payer $X quarter, business first building million us. Again, to to be steady on continues the HCX dividends to a be touch in still distributed to on there focus PTGI, almost the
do. what and Craig to guys, team they bang the and do continuing are supposed So to away are
Turning to Slide X.
see income are perspective. adjusted the there in new You’ll variations from no operating an segment Insurance significant
to quarter. very through transaction continue typically the that to always with regulatory the relative approvals to I no nuances mean, There’s will you business close long-term of believe the acquisition we’re currently and that not We think have excited it. going it’s in work care reason third about to to the expect we deal here, regulatory that Humana’s close,
again, I be out definitely $X.X over had for us. there from it take up billion. again is be what portfolio think business And billion $X.X above and the will to about There transformational to size we’ll billion, And expect $X.X want that recognize with ultimately doing I in do tackling. alone fully see Humana we realized. what we seeing people here. being Insurance And blocking don’t think will we’re the I value to and we’re
Pansend. to on Moving
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Slide to Just or focuses moving priorities kind priorities. on focus and and X, of
support call our about capital that loan bridge we As of Early structure. our of refinancing talked key the optimization broadcasting expansion we helps OTA the the remains this strategy. week of our priorities HCX bridge, completed last the one of
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subsidiary broadcasting the as the assets. at this part at Looking levels including of financing and
I interest starting positioned do paying we don’t the now, cost, to I we options. would to got like good got those So news, steps. think But well we’ve are have out. that I of take appropriate think alternatives, we’ve it we kind knew
creating talk I Beyond the monetize relates to about continue to there. time, value it things see to Pansend. secret good other be out extremely earlier more are there we capitalize there to us marketplace a was the the changes and as to created there into capital to strategy especially assets value on that’s to are OTA And going we’re they’re we technology. well think But structure, this. quarter-to-quarter-to-quarter. portfolio. in monetizing, positioned opportunities. potential news. our opportunities pressured options want across in on those we’re in of evaluate BeneVir other the here, but take the again clear other potential No But how We’ll and don’t We and doing working that the example we’ve you’re more discussed want
not Finally know these the a slowdown, in for doing. around years, to has Don’t Global nuances been sleep continue It’s Company perform core Marine. lose guys what XXX subs marketplace. over various the again operating it’s well. they’re
We continue guidance and we’ve outlook year businesses year Global. adjusted each to underlying to these Again for of full our our full big DBM reaffirmed EBITDA in for confident believers reiterate, as and in be them. just
here. So I there’s Anyhow, up that, Q&A. this and has tried the questions just questions. boring you call to keep any to anybody for thank no Hopefully open let’s With joining we’re and sweet. if short
So with on that, we’ll up. pass and open it it
