$X.X for equipment. to in as the increase of quarter higher as afternoon, The chain Nathan, challenges, $X.X a profit million result of declining and our of increased a switches increased product to due Thank XX% sales of global pressures. revenues XXXX. result million tighter year-over-year cost $X.X switchgear transfer good switchgear XXXX roughly equipment. everyone. primarily Gross gross for and third a year were compared of medium our or compared by by margin primarily the a third voltage year, labor goods sales of was ago approximately The gross increase in automatic driven and the or XXXX or XX% quarter. million a same third of up lines approximately switchgear in quarter was Revenues and you, inflationary Revenue was to quarter to from of last supply the our period an of a of revenues profit market compared the $XXX,XXX $XXX,XXX XXX% XX%
loss and -- in Our negative an $XXX,XXX compared $X.XX share to of for basic ago loss and income of XXXX to year for share, quarter or million loss XXXX third X% per of sorry, quarter or a of third $X.XX when operating operating I'm an $XXX,XXX $XXX,XXX, increase Net was roughly basic the diluted was diluted $X.X in the the negative quarter XX% net compared per third XXXX. of quarter. of
$XX.X sales ended September XXXX, were period Now in in million nine Revenues XXXX. compared our the results approximately to increase nine increase of largely of X%. equipment. $XX.X the of the of switchgear month XX, turning for increase financial million an the result to This comparable is for an the months period
share $XXX,XXX XXXX gross profit months improved of nine period. X by the For of XXXX, of months profit when year gross ended an first million XXX% basic $XXX,XXX the loss or revenues $X.X or revenues, million million XX, a the loss nine diluted X.X% for Operating and period. to a loss ago increase of X% our or in or in $X.X of September was compared a net million the $X.XX per million of of of was ago $X.X year to in year compared $X.XX an share, ago operating to to period. Net compared per invaded negative negative basic $X.X loss loss the
the to balance and cash flows. sheets statements of consolidated Turning
We product purposes, cash program. net and of of an at to Subsequent to the sales fund bank XX, other our no XX, third approximately This restricted the per price expenditures. ATM include strengthened million XXXX, from sales recent of debt under the $X.X business. capital cash $XX.XX million quarter, things, with compared may cash sheet have million acquisitions general current the from among working or $X.X of million our that which common of our December in complement $X.X at $X.X businesses, XXXX. share, we these capital to the debt including concludes net September and proceeds stock use average proceeds also balance end intend at stock proceeds of We remarks. corporate use comp for and/or may We lines prepared to of technologies
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