quarter delivered with achieving results. operational Good afternoon. quarter and of team great quarter by first INNOVATE his adjusted of start million. revenues $XX.X revenues and million delivered million Global and EBITDA XXXX. and DBM $XXX.X We million of $XX.X the adjusted of the XXXX Rustin strong of a of first had EBITDA strong at another $XXX.X financial to in
results year-over-year were we points to EBITDA was a driven growth, top to basis significant year expansion XXX line ago, flat experienced relatively of compared adjusted While by gross margin strong approximately XX.X%. which
billion remains EBITDA consideration takes DBM's year-over-year expanded quarter. which by points XX X.X% backlog, not total also Adjusted approximately awarded basis commercial into at first the to tight, in the of of end at Overall, although market level. adjusted high healthy a $X.X signed bidding contracts but margin yet first to quarter. a level remained the very the the activity of continue the at construction be sectors
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buyer qualified system interest, of have are note these opportunities increase led sales significant important it in XXXX. these indicators to to in is As initiatives a that clear
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we the the be of continue driver We highly price. underperformance our to in structure, stock focused believe on capital is our key which addressing
and we to businesses. upstream structure noncash our closed XXXX.
To with noncash subsidiaries, rights we our opportunities We debt our to believe capital end, now up to utilize for make address in continue to flowing have the exploring to set payments sufficient of that on created strategy flowing combined have assets company progress we our on refinance our cash a execute runway offering our our from and expectation
patient ensure on time of the these we remains that the for within maximize the focus these time. right being Exiting we have value Our value frame created assets. to businesses takes
market as a I'll with resolution the along to turn progress reach for of this in be the the and a M&A market it discussed year.
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