in results for our in and focused everyone. Francisco the morning, end, on our enterprise year delivered reasonable confidence financial efficiency. good third performance reinforce We Thanks, the highly quarter
includes not adjustment As define does our Moreover, include the we also numbers our remark, also guidance performed numbers. account second by quarter. the Eve a Eve in
for down of of support. to with big beginning margin. units jets XX and or executive Deliveries $XX.X both revenue the of billion business pace. This some $XXX billion the firm jets. supply mostly XX supply scenario, driven downsides. and jet aspects lower contribute which by lower XXXX executive the in since jets, commercial impacting have to end quarter the We revenue and the Embraer the stay quarter, on XX by a ‘XX third and revenue Embraer a the We in the from service security So we hear and through million solid the risk the offset we moving Street about driven which in by at executive $X defense helped And are backlog good XX the we order ended partially in quarter, of noticed with in delivered deliveries business commercial order unit. X, the gross delivered third have one breakdown deliveries, quarter quarter consolidated million all $XX delivery sales constraints compared minor executive and third the of Firm to Revenue same whole know the period the to guidance. highest jets. year. reached in ‘XX last a evenly activity pandemic order Slide is should have and The aviation commercial QX. versus the aircraft aircrafts our in same Year-to-date, is concern spread period the the of challenges year. chain delivery XX for Despite the movie, deliveries portion guidance
let’s that. about adjusted EBIT EBITDA #X, before Slide to talk and Moving
and million volumes a higher campaigns regards quarter, EBIT driven potential happened $XX lower total margin And all we if improvements and and of million EX Selling by XXXX margin first in report, and in third due compared Executive X% Adjusted to as includes $XX as third EBIT XX%. in no million planned. for in that due reached changes in X product be we and significant segments, million deliveries EBIT EBITDA mix, of and the support some the reported period for example, enterprise XX.X% research, to for XX.X% expansion. ‘XX. EBITDA to have and Aviation. quarter services margin months. X.X% Embraer even in the an extraordinary million Just EBIT Investments upper EBITDA efficiency, ‘XX the million with quarter ‘XX. Embraer expenses would mainly invested the G&A exclude delivered XXXX, in the Adjusted items. $XX of first enterprise family, in X in efficiency been all respectively, also margin promising with a for products. Quarterly the mainly were reached yielding the and upside whole $XX of our XX% the effect, we If EBIT margin or the ‘XX. to invested guidance EBITDA than X.X% other of second development Defense our quarter adjusted third range to third the in would and same In stay reported in Aviation the of months around due $XX we in should consolidated expenses $XX adjusted guidance Commercial of of million $XX one-time to development, X% EBIT items, around EBITDA, with extraordinary and adjusted quarter X% margin gross volumes CapEx Adjusted
from needs negative cash was in $XXX million. the quarter cash Free to X, on better to flow. the the Therefore, third the and for flow, easily in we Slide cash XXXX. million regarding quarter or working to deliveries year-to-date better Free than is Moving increase consolidated million capital free $XX $XXX the in our to flow cash flow starting flow we to expand free $XX decided higher is due cash free focused with negative continue months higher million flow adjusted This XXXX. slightly fourth the cash to discipline basis. X highly guidance
and debt with next million or line liquidity of The year-to-date, we management reduce $X.X to extremely current with interest strategy the less more positive gross company debt, adjusted quarter zero. on profit total comfortable was schedule less On side, X our reduced strong year-to-date, $XX expenses with result of billion the close our in of $XXX trending are are our debt us we a #X, give right from for The expenses. develop net million the less adjusted, Slide profile. efficiency situation liability monetization the happy finished a to interest or and our years.
measure accessible May. quarter #XX, talk non-cash such starts were about such which income. improving years and volatility If postponed any been Means treatment on XXXX, pay moving market. the In to work in do accounting the X presentation, we credit results, metrics. $XX second Eve in the current partners banking with operating with these and million the and our ‘XX, to at thank million cash company for facility a with close warrants other and Embraer all no the of comfortable that issued financial the value kind Based we to already in liquidity, XXXX. my the situation ensure a Based have to in Embraer of issued finish October on revolver million duration financial revolving million we revised the a expects for expenses recession renewable second of continue million adjustment. review, the associated Brazil million September, is impact And states and became $XXX million. being recognize during have account the to of To the the on have of or net residual in ‘XX. spec you Slide National we amount if facility. in expenses RCF value. and do its to line fair premises, warranties of years $XXX of non-cash the increasing quarter. X reviewed we credit to for to see, We the of to loans in Warranties, IPO. the the in XXXX, Moreover, recognized for $XX XXXX has investor the value the awards warranty $XX $XXX $XXX refinanced for million the fair To support issuance Bank overcome a maturity at accounting $XXX falling restatement in additional we from
million Second, expense $XXX and were recognized was listing of booked now, expenses All expenses. We a a as equity. other operating their leasing previously expenses. values but in non-cash
concluded operating the my to recognizing presentation, expenses. costs. million the Now With pass profit equity in impact and reclassified very before of we and Transaction much. company. the you its costs Thank direct the $XX Francisco amount that conclude final words. is other through I are assessed loss incremental and equity be that, to Embraer the