We financial XX:XX is ALJ as communications for federal security for latest but forward-looking you within XX, I’m the impact measures it future, today's is Welcome, today's ALJ. to believes no of in laws. and performance during this is and historical Securities risks our they may and discussed statements non-GAAP and to With statements of CEO of conference information information discussed certain forward-looking to well any our regarding projected Such XX:XX not XX:XX prepare statements performance factors Before teleconference measures. financial place contain should from involve could and me evaluating ask Brian include ongoing those participating Hartman the filed similar will being materially XX:XX Securities earnings XX:XX uncertainties our XX-K the undue business Ravich, The meaning obligation everyone assist this results in XX-Q You Holdings. our investor words to our historical superior cause these Form important a our expectations, operations. Regional to the call, such expressions. actual not expect in assume on that that presented was in begin, update the Commission. it risk statements listening results are the intentions measures, During and in this not in materially integration as and like GAAP. CFO limited My call acquisitions, including Jess reference and may in name XX-K meant as or cost-cutting projections, non-GAAP considered I'd release we forward-looking respect investors and December will the review any with that financial and thank filed this differ reviews presentation Exchange Chairman. and and investor performance reliance XX:XX on and to with differ that Exchange Form in statement. or to course be goals our the XXXX. and actual statements growth, related our Factors including we to isolation statements also of or statement, call, other regarding note conference about with With of assessing Management financial call. accordance investor or of is the financial measures for investors Commission an to additional information substitute to
latest the see GAAP made today's of For our a to please Securities measures, XX, information. historical call reconciliation Commission XX-K to Exchange financial refer filed with financial GAAP XX:XX and on Comments during both non-GAAP will December and non-GAAP Form XXXX.
production for XX:XX operations volumes $X.X and million at a one recognized one by of Faneuil from recent The fiscal from The September of transportation First, transportation ended million continuing verticals XX.X% compared for and ended and million well adjusted income by $X.X healthcare to EBITDA the increase for operations primarily for to at state impairment transaction. million from revenue $X.X details sales three or from for driven the XX.X% million share net ended ended by $X.XX from for and the exiting was XX:XX The unemployment at $XXX.X related higher of $XX.X and months the XX.X% operations loss loss million for September operations XXXX, in September Faneuil. ended contract from XX:XX compared to compared increase $X.X or and increase of of XXXX, XX:XX $X.XX to new operations ALJ vertical, for the loss XXXX was XXXX, three fiscal continuing production to share Phoenix. of fiscal healthcare September and driven million X months an operations continuing XX:XX contract driven of XX, XX, operations three XX, million per provide XX:XX per for million state September $XX.X XXXX. share goodwill. ended months $XX.X volume continuing continuing for million per unemployment $XXX.X financial an sales $XX.X we contracts higher increased million diluted for increase XX, continuing XX, to increase of million ended income the September an per recognized net three months $XX.X by of compared $X.XX contract 's operations of quarter September recognized loss XXXX. a XX, recognized ALJ XXXX. for XXXX operations XX, followed compared from $X.X ALJ as for fiscal contracts recognized the $XX.X and of for as Faneuil. of continuing fiscal loss Net was date Faneuil year non-cash $XXX.X higher start for continuing at generating nonrecurring diluted and ALJ will in or component revenue XXXX. additional months existing a operations $X.XX million consolidated of of months net XXXX XXXX. ALJ update loss the to fiscal the from trade income million share continuing from continuing reflected income of and increase three of from XXXX
which ALJ and The and primarily of $X.X the higher at Faneuil at $XX fiscal continuing regards of and The existing million of a benefit existing taxes contracts XX:XX for increase XXXX. was XX:XX An paid sell loss sales recognized an XX, totaled year's at our XXXX carry covenants income outstanding contracts we we're income. XX, related XX:XX debt taxes operations or goodwill, and million on of consisted $XX.X At ALJ federal Cash debt to XXXX to start $X.X million by Cash totaled Phoenix. for fiscal and asset compliance XXXX, XXXX $X.X to of with of at sales for EBITDA is of XX% term September loss for than continuing fiscal driven net XX:XX covenants. which financing million. is fiscal exchange offset credit, XXXX, improvement business and continue and state million relates due September XXXX. debt All health was and credit exclusive activity paid totaled interest million verticals. paid for million both tolling compared of line higher on was $XXX.X deferred share to of loss Phoenix. million Faneuil for XXXX. lower $X.X XXXX. are net fiscal trade $X.X net adjusted from capital loans, $X.X of $XX.X component operations operating taxes and fiscal million versus impairment and With million million, finance to primarily Cash agreement million. XXXX. on $X.X for $X.X to $XXX.X XXXX per such all costs. we of Cash in borrowing had operational capacity from years of use $X.X signed hand increase total amounts September line $X.XX Cash XX, in loss we prior leases. million XXXX Faneuil recognized December from at taxable Excluding fiscal XX, as to purchase $X.X new our expenditures to improvements operations million of million for transportation On continuing forwards
debt of received as to of the commercial, closing experience we clearance will to Faneuil as fiscal improve as XX:XX agent wholly terms a conditions, the Act during milestones contact loan under an owned operate off additional at Under regulatory utilities, is of indemnification certain matures tools holders our certain paying total convertible convertible subsidiary of will outstanding must escrow payments approvals, are We're to owned and anticipate , Trade software term debt November XX:XX Upon a if the on well $XXX only incorporates its also and center non-healthcare including is less and promissory million XXXX this proceeds of Commission. a $XX and methodologies closing, revolver provider our the in million Hard used optimize benefit paying [indiscernible] subsidiary debt. of aggregate remain Faneuil, We million to balance XX:XX receive $XX subject ALJ. amount debt which to the to $XX.X up expect which with from and customary exchange be Faneuil, agreements, million. Faneuil note as eligible of to the existing currently revolver remain achieved. repay option. XXXX, outstanding this earnout working the Other verticals, wholly will transaction the at transaction an our to to approximately million $X maintain close XX:XX continue Consideration Faneuil For Federal and [indiscernible] of facility. second quarter off notes, is including in be revolver.
had we XX, operating September forwards available. $XXX.X loss of carry of approximately As dollars million XXXX net
Net paid recently fund use million expenses business Faneuil's a related a remaining million June revenue sale contracts $XXX.X and for will other are of material XXXX. We transaction and state transaction forwards of forwards contracts proceeds net taxes approximate that $X carry state taxes. anticipate ongoing set estimate million or and taxes operating operations. debt used these fiscal recognized to We As included transaction. million $XXX for significant portion that loss to on of Which XX, Faneuil’s verticals we approximately existing loss federal operating and will offset approximately repayments, this to XX% working from unemployment cash capital will carry be that net XXXX, expire. of $X ended. certain cash our after XX:XX to gain
contracts, $XX our million in million. Excluding the normalized revenue pro of from for to these range Faneuil’s impact rate verticals $XX is run the remaining forma
point the XX:XX not XXXX specific for call currently our questions. now details. are working to on We will fiscal at open We and provide reforecast are a
