we today. thanks and report renewed morning, Good in we're momentum pleased has into we results, the that XXXX. morning, for first to the carried generated the call quarter financial quarter and fourth This released joining our
our core product resulting beef revenue sizes. persistent more verification than sales, lingering our cyclical offset business and headwinds lower in cattle to herd smaller services from due trends, again, effects Once drought
but said before, to hopeful we're see XXXX, to persist year. improvement throughout we've As early extent these headwinds to are some starting next likely
with in careful to cost coupled of verification profitability also growth improved services, The solid led management structure, year-over-year. our
unique strength and in in business of our challenges the beef delivering our business growth profitable Our of reflects model. continue spite ability to advantages ongoing
These in United differentiate multinational thousands We customers provide best-in-class large farms of food products. value most customers claim to the We are States. range from away family far diversified to and add their small solutions the ranches with CPGs. to producers, certifications and provider and of
from to In standards, any of demand certifications. turn, gluten-free, to a certified growing are number products for ranging number non-GMO, consumer they organic increasing of sustainable-related that respond and to
expense Verification Drilling and smaller and $X.X administrative XX% increased XX% down Gross was Net million. per diluted from marketing $X.X and the $X $XXX,XXX $XXX,XXX. or profit share verifications X% share increase million $X.X spend. with higher $X to $X.XX income to XX% herd same quarter. million from increased slightly reflecting revenue on grew only to first the was million to last and $X.X sourcing up partially $X.X from revenue $X.XX year-over-year. services down the in or the million, reflecting Operating at was fewer quarter certification our million per $XXX,XXX to million. Selling, numbers diluted year. $X.X $XXX,XXX XX% from million from versus sizes income for quarter Product general in
receive the did the Progressive was $XX,XXX noticed April. remains that Beef relationship You Beef quarter. solid. Progressive business timing and was strictly a dividend third not dividend Beef we our booked early with in may have That Progressive a issue as in
our of buybacks and during $XX in value special factoring That the quarter nearly million million. when a XX% to quarter operations stockholders from of increased XXX,XXX the quarters, $X.X the bought back million returned to stock $X.X the X% XX $X.X Cash $XXX,XXX. first $XXX,XXX the at provided brings in first we've company by EBITDA first total past Adjusted to common the from cost dividend. in The over increased million. quarter its to shares
continue businesses. effective multipronged future. of We creation now delivering our stakeholders, stockholders the will affordable, believe into our approach to In and addition solutions business to priorities remain customers other and to we in industry our through this innovative focused technology strategic our to commitment on and for drive leadership investments value and complementary
Food to dozen Association. to Upcycled our certifications certification small news have our the our To more us the mentioned our of moat we business. among the acquisition we The are upcycling widening a is but industry recent from contributing the than program I success QX this most all and example which that Certified the know date, closed acquisitions, around for we Upcycled is at and updated recently fastest-growing on last large. investors with call, of
a Upcycled XXX% provides products are roughly snack standard, waste. top avoid to foods, ago. the X increase consumers Certified with there beverages. certification few foods the over tangible solution XXX and a shop The products a to are companies XXX Today, certified food sustainably just pet and categories months XXX
tons food revenue promising for sustainability an We mix countries we it as of a time. diversify XX diverting in Upcycled most trends since in over long annually view component launch Products and average the the and program's XXXX. seen Certified and we've of think time, our one like responsible a waste exciting become meaningful can are of XXX,XXX these in
the There longer-term environmental, are a upcycling early in compelling stages support trend. both reasons, of financial that our growth is that optimism and
done our go haven't and look April already, If support thesis. some check XXnd you that Certified statistics at Upcycled on release that so press out back and
of to that durable long-term that that model, in growth business and ours be In replicate one a want believe sustainable I would is we reiterate difficult one very and closing, resilient, trend. the early is to a innings
acquisitive revenue evolving growth meet of with our strengthening through new in needs organic the market initiatives customers. our order to consistently are and We streams position
other excited we turn call the back I'll their very questions. And loyalty always, future support. that, our to and are customers and over appreciate we of our for the business. the with So stakeholders as stockholders, for operator about And
