all and accomplished and what has team Eric, proud my home Thanks, and the nearly of has comments. for I incredibly your that time. of been I appreciate am team EnPro our words decades in kind introductory over two our
prior ensuring in remain more retirement I've to remain never, upon to momentum our news and I'll enthused on never strong I've focused next being year. now ahead of my focused company, a -- nearly about been build to and years our never in though of retirement, seamless XX-year even year and CFO transition continuing my my -- XX there's the -- here
Now to results. financial our
As markets quarter Reported Eric across and the X.X% sales results. $XXX.X of organic quarter year-over-year execution to a million commercial first we in reduction pricing inflationary in and actions addition demand industrial had than X.X%. in current noted, due offset response increased the market. aerospace, Strong more in vehicle pressures to another of sales and in the to semiconductor general strong nuclear, slowdown were up sales
prior and inflation, Technologies keeping XX.X% $XX.X SG&A well Adjusted EBITDA primarily expenses and million, as as response in cost Sealing check. volume pricing of labor operating by driven initiatives increased growth material the over cost year on leverage in controls in period, to
quarter by of basis decreased XXXX first year the expenses. Adjusted of EBITDA and $XX.X points decreased incentive XXXX. XXX restructuring margin than of more to expenses ago, million compared million primarily accruals professional from compensation driven and XX.X% Corporate reduced the in $XX.X quarter of expanded first a
the cash the higher Adjusted despite was from and to expense share to Net XX% higher-yielding addition increase XXXX. the instruments, save increase. in debt of operating in XX% investment rate diluted by the investments XXXX. and compared XX% modestly hedges decrease increased period. majority interest short-term balances earnings prior our up in year per a portion work Lower our tax normalized of good the $X.XX, drove and September team results treasury of to the in net Strong only rates partially to the to mitigated deploy
end driven performance. increased by XX.X%, Moving $XXX.X several demand Sealing discussed to as of Technologies' key segment in sales earlier. million markets a discussion strong of
in business translation, and XX.X%. exchange Excluding the increased impact of XXXX foreign the sales the quarter fourth of divested
particularly and operational almost quarter, first margin Sealing increased aerospace drove effective XX.X%. favorable segment. record business vehicle in to response in our our For improvements the EBITDA XXX to XX% million expanded adjusted segment of commercial and mix, nuclear volume and basis performance points strategies pressures EBITDA inflationary segment businesses, $XX.X in adjusted the pricing in and Technologies Strong growth
exchange the than impact more to year adjusted the compared and the Excluding translation, period. EBITDA segment of foreign XX% divestiture prior increased
to now Technologies. Surface Turning Advanced
spending. First equipment X.X%, capital million current decreased quarter sales of semiconductor by slowdown the $XXX.X driven in
translation, foreign by prior exchange of impact sales the period. versus the X.X% decreased Excluding year
driven decreased million, decline volume, $XX.X EBITDA the and mix in quarter, labor For primarily to higher XX.X% unfavorable and costs. adjusted material by the first segment
segment of Excluding impact exchange the XX.X%. foreign translation, decreased EBITDA adjusted
segment adjusted margin was EBITDA quarter, first the XX%. For
measured actions to semiconductor We ability opportunities and the in numerous without the costs sacrificing solutions slowdown the response to for on our in demand our driven growth, to positioning differentiated products have operating customers. in capitalize the our industry offer taken by reduce we and
with and flexibility ample the to growth and under $XXX sheet revolving We full times. cash our than and execute balance investments to nearly Turning X.X more million on our cash quarter ended the million flow. availability financial we ratio With net of initiatives. of have $XXX leverage strategic short-term facility, credit long-term a
months payments $XX million $XX million, increase in was capital first year. working free from higher the operating spending and Year-over-year by prior support was the which the in down for flow flow of higher cash investments three to capital interest and cash XXXX net profit. offset driven in Free decrease growth,
dividend. paid per share quarterly a we quarter, the $X.XX During
For the first months payments year, the totaled X.X% three year. a dividend of $X.X million, versus the prior increase
full guidance. initiated Compared share Moving we million quarter Sealing from per guidance the Surface to revenue in Technologies. stronger to Technologies, year $X.XX. issued when by to a our $XXX we results continuing to expect results to now of for in in guidance of earnings offset continue adjusted million first adjusted expect lower operations the February maintain annual year, $X.XX Advanced ago to growth XXXX $XXX EBITDA and and We diluted flat low single-digits, of
guidance for in reflects some our strong second quarter in Sealing input, macroeconomic Advanced In results on the In quarter expectations the a softness guidance Surface and the quarter to relative Technologies, reflects quarter customer Technologies, Thanks XXXX. assumption time fourth second continued the in the of half. by based of your first softer growth today. stabilization resumption and for semiconductor demand second in with our
the some closing call Eric comments. And I'll to now turn for back
