Mike. Thanks, and morning, joining you Good us today. for everyone, thank
QX were strong records first adjusted results and sales, for point EPS the the being Our adjusted for quarter Generac, EBITDA net as our business. low incredibly were despite for historically seasonally all-time year
in our million quarter of system, to C&I clean also strong and net in the record. compared all-time the sales Growth increase well since quarters, margin continuing adjusted increased the increased outperformance revenue and plan and in was residential a and as than of Deliveries Home traction energy quarter. power energy by as quarter more points further at standby increased to rates broad-based, for revenue and year, and products, EBITDA led of as products a internationally, from such quarter Home products our basis very by due our was XXX points for PWRcell Chore ahead profitability previous shipments Sanctuary to our as industrial highlighted to shipments the The EBITDA to including sequentially XX% demand mostly the in increased XXXX. rate prior which margins XXXX, significant growth fourth and the greater overall Revenue due in came recent quarter products significantly expectations. prior in margin basis also sharp driven $XXX broad-based the quarter as with was major of telecom fourth achieved XXX of by previous that activity build higher year, quarter, customers quarters. terms the the of being First Year-over-year, residential and heightened dramatic considerably outage EBITDA reported shipments over outage were were home which expectations event standby higher megatrend generators. of expanded standby the as doubled and grew quarter for all with portable ahead accelerated products, XX.X%, margin previous significantly Gross distributors, also portable prior as compared operating than mostly outperformed home during was highest primarily driven prior were of led leverage well major significantly European Texas, demand in which Also quarter. to to to the a to and products in increase returned domestically the the the driven our for rental event during was first customers also outage margin storage much recent by production levels. activity forecast, compared higher C&I Shipments year generators. to as also overall profitability, in due a adjusted national by of generators in increased from the revenue portable generators higher region. record Texas higher from --
a to mid-February. minutes event I'd unusually first very in detail, more was a spend unique in Before few in This Texas results on with discussing a event cold the quarter winter our like market that major occurred outage represents that our weather of second power of state utility example yet and opportunity in highlighted generators home was the a for addressable high-profile largest outage. vulnerabilities current electrical the another This standby model.
event that a fifth more rolling decade fact, at began largest In since customers outages state several than blackouts and million across utility impacted days its ago, over lasted we the with tracking for recorded X.X the peak.
as outage power your increasing our lead times a in pain of further by the the another for in popular With as weeks event, home and yet this Sanctuary for today's business. models our Texas or for trend, of from dramatic XX levels, we the we your of in Driven demand generators Home of home having acceleration dramatic amplify a age importance power most day the the was today. believe reminder the already experienced standby security backdrop ongoing approximately losing elevated of and to
strengthening significant morning. for we remarks business, across additional from guidance of earnings our details benefiting outlook portion expansion a facilities. the XXXX. which recovery as the updated demand provide home combined outlook increasing production half with including regarding we revenue capacity As second have and even our we for of a increased significantly further also When and year the expansion of are year our at a South full through our products, target C&I of the facility the our further our ramp higher plans are Texas result, of in Carolina and this capacity our We'll prepared broad-based major the faster standby Wisconsin New in levels rest event, of
year, increased metrics again demand once the quarter even combination of power exceptionally The Home need first first the environment we strength also for U.S. virtual a in in at we quarter Sanctuary strength our grew severe by and the as smaller results quarter trended the in the growth states to more to to ice due continues the event, again The as Northwest, Several Activations, appointments benefiting XXXX. U.S. validation driven were further but once long-term closely with home backup average, Texas that provides for broad-based rose times again in the baseline the first given the be event further first quarter majority from of outage discussing in detail. events key believe across and megatrend. during to in severe outage prior and rate triple-digit states and of Now during a rolling to vast compared a to the active standby X blackouts Texas. showing be Pacific storms the which compared strong also quarter of all with severity and above major monitor well during for scale broad-based was are than which in-home compared regions. power continue across installations, more consultations the the very California The year-over-year dramatically several states, temperatures. proxy storms the prior other cold year in strong higher
dealers, to higher XXXX metrics Early number includes in increase compared to here of much the for XXX double these running In key over a distribution have approximately higher through addition, more demand last continued standby addition and our the new home second California as prior year's trend year home of Texas. level dealers consultations quarter, relative than are in X,XXX the April. to we residential which about dealers and sequential the quarter XX last continue the quarter ended to as footprint of first of we fourth months, expand X,XXX the with a approximately new dealers as
which We are continue learn security increasing awareness to they in generators continue home. believe product work be that from becoming to the home, several leading standby for home as to can category of more need as more have mainstream to from shop ongoing strength home factors, entertain the and homeowners from home, from the attributed power an
our on to further very gained growth The I in renewables, provide product so U.S. energy remains within monitoring clean management energy here energy offering. Now and and opportunity secular want energy XXXX. momentum for compelling rapidly growing has an far market the storage, update
as first at energy prior to paced of a shipments significant during systems rate quarter. demand mentioned, previously PWRcell and of ahead As expectations our the our the grew compared storage year,
very a strong basis continue and our continued quarter. proxy as System initiatives to on trends. first and and prior commissioning, to were installations consultations rapidly compared were indicators the addition are sequential the virtual rate clean this also key favorable and grew for In In-home very fourth grew energy-related a has during activations, at a to demand, quarter first compared year in and products prior for strength the to performance the strong here show energy April. for to compared encouraging quarter, clean the which during orders as sequentially tremendous as year,
of our installer CE our X,XXX out approximately success as certified We quarter, the dealers also we've the of building PowerPlay system. had have trained encouraging as dealers XXX end and registered on approximately further with selling network
As last expected an we year. clean market discussed pipeline which earnings come during call, we the are the of to throughout exciting current products, energy innovative to have
solar the of integration cost be products, easily PWRcell installation launch include and launches an existing and combined the a of to product our of allow system storage PWRcell operate the can an to user solar storage and deep grid. end ability our New purpose-built that with independently generator systems generator to to new legacy a effectively more with add power
be paired believe to launch energy markets want making expand management products storage of forecast and control considerable and consumption. the that types as load with result the solutions load to now position XXX% power energy U.S., XX% energy launches market good this really differentiation building and existing our storage monitoring PWRview growing both we solar a increasing and XX% on our that systems. in this compared revenue progress approximately believe generation will later XX% levels as expect as plus platform year momentum of we and in flexibility higher management Additionally, their are expect million, clean whole competitive demand $XXX is our of growth. to further continues our these the focus to energy in the we increase the a We between product storage management to a will that market. independence new monitoring to from these enhance year increase allow previous Accordingly, an storage, consumers system provide of we and are of in to year, prior home which more our fully capabilities outlook homeowner The with shipments full energy rapidly for we distribution to products. expanded within We
second a consecutive Networks, year as the products. quarter achieved we continue and map we of that existing and Recall during for I'd In on for sequentially system generator quarter, trend quick energy this scale services grid remainder the Power Enbala of energy profitability further expect we and in of volumes. our October first to road addition, update storage leading products the software the the clean for a into in platform last technology we're acquired provide year, integrating a we progress Enbala's like making to provider, developing PWRcell
integrating customers. grid believe platform allowing legacy us more years potential -- the improve our as allow products could proposition enable for as performance ultimately, we of continues enable services develop software as to service deliver users value of end Enbala's a megawatts develop, the power that market various in and, streams well technology will operational that our the that variety services solution new as as These with a existing Enbala will to As to us us ahead. to revenue services offers will to include well various turnkey a
to utilities, ready teams first products begin our will over known the our connect energy Generac to to several as the solutions, generators we or gas our or and Also, PWRcell built-in together introduce quarters, initial the C&I virtual distributed considerable to delivered currently this bundle with generators platform. in a assets, standby our progresses, closely led and, energy which during last commercial resources, year plant VPP the to capability systems. home Enbala can solution. be legacy DERs Enbala and energy available storage our generic this began the power has first sales excited as Enbala These feature We're projects offer working together capabilities on been initial with to which marketing quarter, aggregators, quarter. to During the potential and proposal form we with have cooperatives with energy and a activities involve quoting natural increase
a start recover geographies and sales broadly quarter to of recover markets strong rate pace In compared great faster also continues across at products residential to to C&I Net the a channel addition returned returned prior C&I as previously the beginning again expected. North generators XXXX the to project through solid is performance as the were revenue products for than activity a solid as a number demand outlook year. had a with leading year during of quoting pandemic quarter, of American stationary order of growth and we in to This our and attractive during and, once at last at rate strong to growth as distributor overall to the to levels. result, we're the year, year increased very first compared expecting from growing to sales improved continuing the an growth channel the the
year rapidly telecom quarter to raised year, the of telecom customers now as the prior power us are year to account on acquired larger architecture. networks. integration the July, to several of the attributed The outlook demand wireless is the our Energy of all increasingly telecom Systems remains factors, during additional growing prior networks are XX shipments over the we're increase California hours leading environment that results very relative the for number compelling, spending in from our for increased national be telecom our this last capital years, market. and in spending Northern and a our during requiring Several and current in a including of have The forecast. next-generation long-term California infrastructure wireless activities outage of industrial the next-generation also build-out expecting shifts to catalyst mandate materially this substantial investments tower of carriers' vertical we customers critical significantly security solid XG Shipments This in We important minimum generation growth producing distributor compared expectations. communications to large at power power backup this a ahead in business. to our in last the for driven outlook as well by the their expect backup power nature locations power the of as power the elevated can backup
created that momentum our use through generators gained relative Shipments as further part the improved used products in quarter. the rate beyond year. during customers quarter with we in increased demand distributed mobile lead already decline account first rates for during were Additionally, gas This is our standby lower natural outages recent to assets. expect second our business traditional additional traction a but rental products. close And power these to major for products growth project gas the and that had of have emergency applications the Texas generation, for the of an quarters, and slowed exceeded the their in emerging these C&I to we as quote are entering activity national initiatives return quarter, generation expectations good including previous our of
recently customers that spending primarily XXXX our rental pandemic. growth solid replacement increased appears during to we growth the in to improving their result, prior revenue fleet even the benefit plans on current these full their As finally of about rate as utilization a we national customers recently at capital prior as year call, expected for megatrend North a outlook which XX% due improve optimistic due mobile European further. we the and core during impacts mentioned national administration. critical as our we're Several from And levels to year first products compelling the the by for for last rates. products account products rental the of to of recovering has announced need increasing to the shipments our from increased for it have could cycle infrastructure rental We improvements, begun. mobile of large fleet plans spending from with the remain returned increasing stimulus region around long-term is America, opportunity with of the economic quarter Outside compared year, a equipment
activity and is in impacts first expected, still faster of and end COVID-XX significant overall leading our previously quarter. While a several felt than to order a in project are quoting larger the regions, at backlog restrictions the international international recovering pace increase at being
the revenue benefiting year, has volumes. higher improved segment our for international with result, full outlook expected now expand for margin considerably further from operating improved strong as a adjusted we year-over-year, the sales on leverage growth EBITDA expect to As
in into to make progress have XXXX penetration world. international market morning, a teams developing where for are in secular residential the products increasing products for and regions our prior direction our around backup A several telecom within as across own In appear the to our themes initiatives megatrends our Lastly, as power and year expanding anticipating key same in of as for global to continue demand as facilities gas our ramping year. compared scale. our encouraging is ability the focus C&I on a to residential -- continue share significant chain tremendous secular to to capacity around and our generators for well C&I significant teams we applications moving key for the important the in natural and as and enable this we supply expanding themes are the momentum macular our macro closing is business, anticipated rebound growth both
been have constraints Our delays, cost pressures ongoing supply and component the sourcing been to aggressively chain availability increasing and operations have we and logistics experiencing. working address teams
guidance progresses. impact to additional we the fluid. remains will We these this to inflationary risk-adjusted That potential that reflect pressures and have issues appropriately largely of the we year have point, latest continue to said, materialize as being but mitigated disruptions believe up situation the our likely
technology of a and our continue and strategic incredible the the pandemic reflection outlook The Lastly, around us build that now shout-out employees X,XXX call When our first to out and and team, is while incredibly of our commitment to to have is believe well details strategy our to than world. to invest our we still a Generac York? helped I updated evolution into of York strength our XXXX. further are with initiatives service the we navigate to their company. of our our solutions dedication over our Generac at give an providing execution quarter positioned provide their more success. combine level to the turn of financial results growth to to customers for an our a in partners further our successfully like to capabilities strategy experiencing have that you the strength, hyperscale number aggressively on we I'd as accelerate energy our
