thank Good today. Thank you, everyone, us joining you morning, for Mike. and
I discussing outlook, results pandemic our first like to the quarter of and on business. longer-term talk the our impact briefly Before about would
focused any and employees the and and a were of first highly potential continued time virus, flat lost strains revenue the we contagious of This as segments companywide from basis a Despite relatively a the compared EBITDA prevalence health avoid we in and the implement quarter. measures customers off during as and almost meaningful our exposure well standpoint, the was the came we well during successfully XXXX. increase on in from job COVID-XX to X,XXX issues result was Total with fiscal exceeding pandemic result company to the families, both safety with. quarter contact their ensuring first during From this executing quarter, quarter. preventive plan downtime and to response during standpoint. the financial due the past our related performed quarter program plan normalized hours remain of of During virus all employees on the experience fourth a the able health company’s our extremely as of those adjusted
first QX Environmental our adjusted a company. million, exceeded Total sequential we record for quarter the fact, Services $XX.X was quarter adjusted our million, revenues this We compared EBITDA In the segment, significant flat well of storms the to U.S. quarter. cumulative waste result basis, closed as for with growth a On businesses southern toward during XX our and Even a achieved of havoc winter wreaked COVID-XX, time as February dangerous antifreeze achieved quarter XXXX in compared of EBITDA $XXX.X due downtime despite hours on expectations record quarter to of down the as to challenges, with was to as these weather. elevated quarter experienced various results the result first relatively almost the finished performance compared a the first XXXX, at days of up normalized basis. during the quarter first lost XXXX. and In across the fiscal fourth our containerized the revenue while year-over-year end XX.X% revenue of were parts first of branches
despite with very X.X% outcome. But pandemic-related Lower underperformance. this Our pleased a driver the labor a challenges, the results. this to was during quarter only the weather efficiency down was record on profitability this basis, we’re pre-pandemic segment and comparison in considering year-over-year remaining of
focus Let the Business. Oil me now on
XX.X% average netback. compared represents the the was in our first mainly the revenue in of for increase primarily of first Business record higher compared result increase increase charge the an to a to quarter per to to as operating oil fiscal quarter. increase oil In to we margin oil due in revenues during quarter was But fiscal was of XX.X% The position. During due in This oil oil quarter the Business a business were XXXX. The for a revenue XXXX. $X.XX first charge gallon higher contributed of increased our revenue during used XXXX, first million in base a year a Oil of the record. for base Oil quarter oil Higher first segment volume quarter revenue. collection spread in to prior the both average on charge quarter, in the pay we XXXX, first basis. slight and were of the position net weighted margin sales also for higher oil, $XX.X
at We used during fair third-parties operating improvements few will which oil prices, provide margin a detail attract regarding to improve minutes. to also quarter. cost from the more feedstock in Mark helped continue
rerefinery up they end During picked at the first where of team our quarter, left XXXX. off the
the result many rerefinery. demand due a supply year rerefinery as As best and of the the terms XXXX our our at of of shutdown execution pandemic, of you to issues, was remember, in outside in ways planned
of We helped proactive the overall to more other rerefinery. mechanical continue approach of operation benefits and a the the integrity create to reap the have programs, which
XX.X a As we base oil gallons during result, produced the of quarter. million first
strength we the the revenue impact Business in pandemic to we segment, Services perspective, now Oil why results In of demonstrate expect operation remainder to Environmental our our outperform segment. continue XXXX. believe of rerefinery our XXXX a from We is for
produce of revenue remainder importantly, for expect we to the XXXX we compared digits will Initially, of the compared with building growth percentage be to level year. growth in growth the the low-single XXXX the expect throughout now year. to this More
remains From the quarters. operating we end a the by From anticipate prices exit while as labor year. has goal we XXXX at should an second the to growth percentage our our higher Business to year standpoint, the Oil grow of continued we at see tight efficiency we an to continue operating into cost the quarter. to inflationary base higher. have least a which oil next operating expect revenue, in segment from to in benefit for segment margin throughout mid-single-digit improved or XX% push few rate market, continue approach and margin the our of Despite result the headwinds of supply pressure, perspective, margin to expect see higher also the the We remainder
we the believe quarter. the continued factors the supply While see third expect driving the and are temporary, much we through of into oil to pricing tightness strong second
first an part in oil for increase improved of used XX%. was charges pressure quarter, the oil oil a during fourth Although on charges was used over This quarter our price lower our year-over-year compared downward crude charge were XXXX. collection the basis collection oil of the on to due in to
expect XX% We we we charge for have second over will pay at the quarter. margin position into slight operating for downward some beginning move pressure continued see Overall, expect to of the second and at point the on quarter. we of during quarter oil our during the that oil
half We expect remain elevated spreads the compared will of to XXXX. during years second recent
in of against COVID-XX are broad population see increase fully economy. virus, a of who percentage the we U.S. the vaccinated the reopening the With the to evidence continue of
optimistic continue remainder of our momentum this the segments result, we’re will of a XXXX. both for in As positive reporting
to the want focused ESG I Mark, on Before I at that to promoting company. over our we remind here turn things investors remain
on year. continue to program we work We sustainability launched formal a earlier this
We our into will believe the was and goal great our to of such second the program aspects on-track as remain first general realized and the products, solvent create through report first on our inform with to forward of used financial oil, a reach formal public to better activities to have We Mark our sustainability we company sharing While the it our sustainability built to and sustainability antifreeze us a quarter the during business. this the issuing waste waste that, of take turning we of reusable need story foundation With stakeholders about year. tell results. our everyone. look half with
