the you, Thank Tony, good today. call and everyone participating on to morning
via are we presentation this webcast, X. now accessing those For the on Slide
Tony's slides, performance quarter commentary as as our June on EMCOR's update supplement year-to-date on opening through provide several Over the next second XX. well I an will results
our referenced All the earnings financial announcement is XX-Q our filed included with in release statements consolidated financial and information both and morning. Securities Exchange Commission Form derived earlier from this
are XX% So quarter revenues million of let's XXXX. billion quarter $X.XX up revisit or $XXX.X Consolidated performance. two over second our
results were Our revenues last period owned second $XX.X the attributable not such by of pertaining that of EMCOR second quarter include on acquired businesses million time to businesses to year's quarter.
impacted Construction positively both United segments. United Building States Services and revenues Acquisition States Electrical our
million revenues acquired, second of or impact strong approximately $XXX.X increased consolidated businesses the a XX.X%. quarter Excluding
both and EMCOR. quarters, all record of as generated as record all-time our several a represents an well last EMCOR's consolidated quarter growth, the for revenues with $X.XX revenue two segments quarterly billion of Consistent reportable revenue
XX.X% quarter from of Construction Electrical two million revenues or $XX.X increased million States $XXX.X XXXX. United
grew quarterly this quarter-over-quarter. of Excluding acquisition million, revenues segment's X.X% $XX.X revenues organically
within within or transportation, offset gains the project sector, Revenue of within submarket the completion by were sector manufacturing market declines growth large hospitality well completion the telecommunications as during substantial health sectors certain the of inclusive revenue within projects XXXX. partially the to activities revenue commercial sector, as and market care market due
The of segment's $XXX.X or States segment. all-time an XX.X% million represents Construction quarter XXXX. revenues Construction high quarterly million for increased $XXX.X $XX.X Electrical this Mechanical from two revenues of United quarterly million
and This the institutional the was all across sectors. segment's of revenue growth market exception sectors with market broad-based hospitality
represents an This record quarterly our segment, U.S. Construction revenue Mechanical quarterly previous for consistent segment with segment. all-time performance
total quarter revenues generated million growth of million XX% $XXX.X United second which or of XX.X%. $XX.X of $XXX.X activities. States increased EMCOR's Building increased $X.XX construction domestic billion XX.X%, revenues million quarterly such Services of organic from was or business
both revenues other within growth all X.X%. levels this acquisition due reduced activity to Excluding or $XX.X well reduced across from Revenue million segment as an overall services segments, experienced construction project divisions record U.S. quarterly increased $XX.X spending our a government million, IDIQ segment's of both smaller during of XXXX. than of as contract this achieved quarter revenues revenue base like of was levels. resulting second This all-time segment, the
spring of million as for in almost revenues in seen an or as $XXX.X their a $XXX.X increased turnaround segment Industrial services States activities higher of demand million resulted resumption extended a field has Services result season. XX%, which this services, United primarily
maintenance the this by is customers against follow-on reminder, the negatively Kingdom million million impacted a were revenues base despite with of revenues contract Building increased XXXX's of six residual was Harvey. This headwinds project growth quarterly segment's sterling, of of strong which $X.X $XXX.X months segment impacted continued revenue first United weakening Hurricane Services X.X% work. demand quarterly the diversified pound or As a effects negatively by quarter-over-quarter as of for million. XXXX $X executing a
represent and X.X% general two an XXXX. $XXX.X from million and million of increase expenses of Selling, $XX.X X. administrative of Slide to revenues turn Please quarter reflect
increase acquired SG&A second of expenses, from organic of $XX.X an intangible quarter million asset resulting incremental $X.X of inclusive businesses approximately includes for quarter-over-quarter amortization million. approximately the in
support over incentive expectations the compensation all year-over-year revenue theme several employment with of record as achievement head well to result due reportable operating last profitability. is our organic higher count across by a to growth the the has of as expense primarily increase segments organic increased a for increased quarters, As common increased necessitated strong of our as SG&A performance, in been continued the costs
information X.X% operating higher of revenues million initiatives, $XX.X of are and In $XXX second XXXX's addition, or million X.X% for in technology to of process. currently revenues income a continue represents as certain in which to Reported compares we of quarter. costs the absorb result quarter
million $XX.X in or represents margin. a operating with XX.X% a This slight increase improvement
operating experienced All segments other income of our in operating quarter-over-quarter U.S. segment. have than and Mechanical Services margin our reportable increases Construction
million of XXXX for $XXX Additionally, our quarterly EMCOR. operating consolidated approximately quarter all-time second record an represents income
represents U.S. improvement second from operating $XX.X Construction over operating million last million point the services basis year's X.X% Reported period. increased of of Our XX a $X.X Electrical margin quarter. XXXX segment comparable income
gross completion reduction inclusive XXXX. increased and transportation were substantial was activity. in profit The market the active a the increase as large due by project increase due an performance increased from certain commercial partially to primarily sector, margin the to manufacturing operating within of project telecommunications care market segment's the well to market activity income that completion or projects This health as in offset due in projects sector sectors this was operating in several of and
million due $X.X quarter. a quarter Construction second quarter Mechanical operating in period-over-period XXXX income X.X% year. by of basis reduced margin of Services for margin $XX represents from is near-record U.S. to the last XXX level revenue segment's operating performance decrease mix favorable year's current XXXX than represented more second the the a segment million points of as Operating
by quarter, later impacted which in typically the execution. portfolio in Consistent earlier greater work as was stages are segment's with carry lower large stages projects a the of performance my last than projected margins mix includes in of gross completion, projects this project commentary operating the its currently number that of profit process of
remaining With continue upon touch anticipate results to my in segment's this operating obligations, will performance will reflect after segment's the Tony strong I sequential the commentary, growth performance. which
of Operating U.S. X% reporting income a quarter operating operating XXXX's Our $XX construction or Building second margin million of total million, quarter. last million over year's income, a $X.X revenues $X.X were which from Services represents $XX.X second for X.X% million. and has improvement U.S. by is increased business
portfolio. XX points within services to mechanical within site-based improved Operating contract project energy commercial division by as as margin in their improved basis growth and activity well quarter-over-quarter due the profitability
$XX Our an of million X.X% $XX.X million and revenues quarter. of U.S. Industrial Services of segment represents operating year's increase second from last income
into operating the performance pertaining turnaround well project from of to increase XXXX. to extended scope as this our segment demand increased second The certain quarter quarter in within and of both projects as timing quarter-over-quarter one is due
to the and XXXX quarterly due of suffering still Additionally, as impact from hurricane as calls, earnings the this previously was well on XXXX majority of as residual demand referenced weak call in this Harvey. XXXX's segment early
$XXX,XXX over an Building basis second income margin. last revenues U.K. of of Services operating represents million approximately year's X.X% of points income operating increase operating and XX of quarter or $X.X
income which operating the my impact revenue the approximately segment's with the despite decline Consistent commentary, $XXX,XXX. improved in negative this in value reduced the results U.S. performance of pound was reported by dollars of sterling,
X. on Slide now are We
slides was previous the $XX.X $XXX.X for margin addressed on periods by on significance are of gross represents items the from XX.X% financial activity revenues, is not both Restructuring of has consistent million in as improved of insignificant follows; XXXX comparable are and profit which the two Additional presented. gross quarter quarter basis. quarter quarterly a million
per an adjusted second operations earnings recorded and identifiable $X.XX continuing of earnings of our from $X.XX On impairment would non-GAAP basis, XX, been the XXXX non-cash continuing in operations share quarter compares from for intangible diluted Diluted add-back $XXX,XXX, asset XXXX. the quarter in the per ended year-ago the is $X.XX approximately common to share period. have loss June reflecting
achieved XXXX's in XX.X% diluted to share. compared performance, quarter-over-quarter When second earnings a increase we have quarter per
period. than is to rate XX.X%, rate an is tax for our expenses in the second non-deductible current Our due slightly increase which certain higher XXXX tax the quarter second quarter in
midpoint is income which from period capital operations invest million. XXXX. was million, in our in the previously approximately a our a results have for exceptional quarter $XX.X continue tax business. increased our in positive With we levels for operating of period, the activities the as rate our On flow cash basis, tax during of my full for the range approximately XX.X%, year which working used expected is revenue year-to-date to growth $XX organic communicated Cash year-to-date rate
will earnings Despite our implied the Tony discuss slow presentation. guidance generate in flow to positive expectation cash cash full start range, approach is by to that will our XXXX, revised operating our income later our net the for which year
XX. We are now on Slide
Revenues now first of month prior billion $X.XX million period. let's to the or XX.X% increase the With six complete, our an represents results. billion year quarter $XXX.X to $X.XX as compared of in attention commentary the turn
Double-digit to revenue our record company. in the by of period growth due XXXX $XX.X our gross is XX%. other the Year-to-date reportable foreign headwinds or million has $XXX.X than across all new segment of than segments midyear Building greater profit resulted U.K. currency million a for Services comparative revenue
margin growth, basis each XX, six XXXX's represents our gross compared XXXX, six June XX.X% revenue during gross margin month Gross XXXX. months segments XX profit with of ended first XXXX. the for generated Consistent to period for over the improvement a of six months our of higher as point reportable
represent improved other our U.S. XXXX. administrative Additionally, reporting million compared period-over-period. Construction $XXX.X X.X% of reportable each general than the period as X.X% of our to of of segments Mechanical month expenses revenues million and segment margin $XXX.X gross Selling, for in are six or revenues
We this of period in continuing leveraging during revenue growth, be additional significant structure continue our successful to providing of overhead our validation model. successful business
is and million XXXX income represents operating performance. month $XXX.X over million $XX.X six increase Year-to-date a
is operating than period. basis year-to-date Our margin is which XX X%, the comparative XXXX points higher
and a manner. We an work volume service in performing of doing project and large are efficient profitable and so
per intangible earnings diluted earnings in It operations operations Diluted XXXX non-cash $X.XX. the for year, June $X.XX been earnings per have non-GAAP share the $X.XX months loss Adjusting asset impairment common is the share prior XXXX. XX, continuing six in from ended compares to would the from corresponding recorded share XXXX from continuing period. per
current share earnings continuing from EPS reporting adjusted are per year's improvement. XXXX's number, year-over-year operations comparing a diluted to we XX.X% When the
by on as sufficiently now by are approximately remains debt-to-capitalization leverage, million balance our of XX. We liquid cash Slide ratio and EMCOR's of sheet modest XX.X%. $XXX demonstrated represented
acquired organic Our as growth used cash property, equipment. months our and of operations fund from reduced XX, cash as the businesses in during as XXXX is and to a for of result cash XXXX, balance first plant expanded six December of well purchases
the price our fourth three revenue acquired primarily business goodwill in purchase of in in well businesses Working related as strong asset with is The levels acquired growth. due second accounts to and our capital quarter balances to the adjustment the XXXX as in the increased associated have due the XXXX. quarter receivable contract growth to increase
slightly offset intangible modestly XXXX and expense the Identifiable million. year-end debt, reduced is of assets million $XXX Total acquisition liabilities, year-to-date have approximately $XX.X result the increased lease as excluding XXXX, aforementioned from of a in of amortization is levels. businesses approximately by operating
We EMCOR opportunities. well available sheet organic are be to is given revenue balance positioned our on continues and time at happy significant our where to capitalize this growth, with
the concluded, commentary prepared I will my to Tony. Tony? With return call
