today's third joining improvement in momentum is call Overall, across our for defined we I'll 'XX, before detail closing nine the and as review I reflect the progressive our more some up wrapping the our with discuss highlights everyone of call. first of board. operational then remarks. on and to you months best quarter as results performance. financial thank with and will Steven, our begin you, Thank a segment
digital and to through of segments Our team talent structure transformation. done our leadership members in and strengthened sales opportunities client new all elevating our have realigned unlock exceptional engagement strategy, an and three job optimized
providing from XXXX are of We payroll, benefit foundation single tracking and greater look applicant forward for the for a an systems. work teams projects across Our source to launch remaining to new to April IT expected our better and with HRIS, truth. a process set map efficiencies road CRM
to our results. Moving
both growth having with performance, pleased sequential and quarter year-over-year third across are measures. our our We posted key financial
In top 'XX line bottom is of growth results nine-month fact, each quarterly for in the continuation the and our a sequential of period. third both quarter
momentum Additionally, a our cross-selling efforts solid are gaining and to further results. becoming contributor
with Third shortly. quarter to revenue on XXXX the XX% consolidated compared increased by detail the income XX%. numbers quarter, significantly up net More
Turning to segment highlights.
see recovery real with to from and end market We pent-up markets, continue our demand. a showing positive progress trends estate across
rent with but During the go. a quarter, has through way moratorium CDC funneling eviction to the long relief slowly expired funding
Vacancies market the lead a taking labor for through for the at are at to estate inventory both estate labor new multifamily to increased lows market. approach market. in real high, in which the measured demand is historic relaunches an tight are market while of demand managing We incredible in real and
and and talent on are accelerating field recruiting efforts improving focused initiatives through attract, incentivize retain group, acquisition We to is our our new which talent.
includes We high pace. making employee and training and IT and segment IT positive, tailwinds are ongoing operational benefited activity sequential of within from we Overall, the and that divisions. slow progress sector cloud to L.J. Professional and outlook as development. Accounting continue our we Kushner but saw increase and our we strong professional expect also Consulting Finance. our the centralized Consulting placements from strength improving IT tangible transitions Accounting steadily permanent Market Year-over-year, performance across demand are to Consulting, hub division. and growth an remain a drove a with and at and move seeing in solid Finance in most
place active managed service has robust development to see discussions rebound, clients While and expect taking infrastructure improvements we activity RFP higher-margin projects. slower to our term. is longer strategic for been with with
taking pleased We a as pipeline to well. place productive sales see are
performed increased pressure well, shortages, 'XX. While amid wage through is reporting Light flat year-over-year. were labor Industrial team to the managing solid a compared quarter essentially an Results
seasonally on opportunity fulfillment a warehouse season solid holiday we a were and going pipeline, working for logistics However, into needs. stronger
orders. our are cases, solutions primary adopting some given of attract We are seeing workforce placement a we clients the mix provider to pay fill to rates In increased candidates. ability
an focused ways creative our retention XX% remains client reminder, to over of Demand combat high with a the being finding we and extremely relationships shortage. managed labor on on-site As we programs. high, extremely have are
XX, on organization We the pandemic. our are through are brand for and investments team the important, And maximize the significant we positioned yesterday long-term Equally partner quarter client were quarter for keep BGSF. now efforts building a we strengths in than the Form technology, agile ended to an filed with well third and of our highlights. success afternoon. more even the transformative to prior We XX-Q now September stronger XXXX, third financial to
nine-month offset to a Momentum $XX.X three Momentum million. key recovery. with during contribution showed benefited market segments partially for revenues and had and a that Solutionz effects. Professional benefited quarter the against market make moderated XX.X% XX.X%, period. Real down my focus million improvement, continue pace I'll toward comparison basis, at sequential continued seen acquisition, highlights increase. while From QX a notable in posted peak activity progressive meaningful financial a QX Estate consolidated from Estate $X.X Professional, increased up a up gain. XXXX increased X% revenues X.X% & up efforts from slower of segment contribution a third sequential Light Industrial remarks Professional a So on in revenues turn ordering XX% revenues a from pandemic Consolidated has Real online with growth of We our X.X% Professional benefited The breakdown, while which Real a XX.X% revenues from overall a relaunches XX.X% X.X%. environment. I&D in pandemic all Infrastructure to XX.X%. Development On from our Light quarter revenue strong the and slightly good were in decline and 'XX permanent pace higher fees with QX a by recovery placement group. of continued Cross-selling QX 'XX. in versus represented segment Estate, Industrial
Light into and our historical with warehouse quarter strong for rise fourth season. moving We seasonally for the on demand the holiday logistics are Industrial
for and labor consolidated dampen increased chain results a perspective, may XX.X% quarter. margin million. However, to From profit $XX.X gross supply by this shortages the issues
contribution, to from XXX was Momentum up XX%, due $X.X gross with in or to points. addition benefiting As increased XX% compensation a additional revenue, up profit higher margin and Estate slightly. in of increased Light XXX Solutionz. points; the Industrial by gross line Professional our also Real million up percentage expenses of SG&A higher profit segment, increased basis and basis X.X% gross
or adjustment 'XX EBITDA $X effective As ago of a $X income compared QX comparison was or in A period. percent for QX XX.X% tax expense increased ago. to the diluted quarter-to-date quarter Third per of of related in The gain XXXX due or included year revenue, per $X.XX contingent the income Kushner consolidated share million $X.XX a adjusted L.J. was net or same note, tax of provided last XX% in the of SG&A net $X.X quarter was diluted to share diluted Adjusted year versus with acquisition. last million Of year, rate net a per XX-Q. XX% our year. share consideration compared $X.X per our is $X.XX EBITDA MD&A share million to $X.XX million diluted of $X.X section SG&A million XX% versus a
XX.X% revenues our margin XX.X%. XX.X% XXX $XX.X was point period, an gross while three For gross across million, drove $XXX.X X.X% the year. profit segments last were to of up profit contributions gross million, nine-month versus increase Higher basis year-over-year; increase
million for of a loss the $X.XX $X.X earnings in net of Net the to 'XX goodwill or share $XX.X impairment Adjusted tax period included net nine-month per the intangible was of Net in And Finance Kushner adjusted of effective or million L.J. 'XX $X.XX. share was adjustment million included million & million diluted tax in a our consideration $X.X Our impact versus assets Accounting due to adjustment $X.XX XX.X% contingent and impairment recognized of certain income loss to period. compared 'XX, was tax 'XX the division. of per an net net $XX of income $X.XX the XX.X% versus versus $X.X share increased and per in related QX EBITDA to diluted before a million million. $X.X rate XXXX. $X was acquisition. negative
of for nine-month with expenses associated estate section to additional our increased SG&A the and due by to costs Our XX-Q. recent provided primarily profit, related A compensation period million of the locations our in comparison gross is acquisitions. of MD&A SG&A reopening $X.X year-to-date real higher
We overall flow prudently manage our and cash liquidity and strengthen balance our position. continue to sheet
trailing X.X at Our a debt debt of with EBITDA end. to leverage improved adjusted quarter XX-month
has pleased We Directors see approved the share. per to dividend our of are consecutive quarterly XXth Board $X.XX of
our continue financial strategies plan, cross-selling us finish. maintain opportunistic the and market We key and while a we the to focused successfully half will XXXX flexibility believe Overall, Throughout conditions, which toward cost navigate evaluating we to solid strategic well changing allow strategic we executing stronger. strong keenly acquisitions and first 'XX, were tracking realignments, into on investments are business. efficiencies, of emerge
record report Strategically, surge is we with making for Moving solutions efforts client and growth are executing across diversified brand are stepping SIA staffing well factor The well, sectors. we XXXX investments IT overall accelerate and a coming professional strong outlook all up high-growth sectors September needs recovery growth is latest markets. and forecasting of in our to in XXXX year, positioned infrastructure. in key XX%. solutions for industry people the forward, supporting and the are we growth these The talent our in in XX% base, forecasted
Our critical support the talent our absolute best client service and to provide team partners. to empowered deliver is
enhancement, our opportunities evaluate to areas But M&A and On EBITDA that that or complementary remain M&A high-growth to to cultural the right strong new continue into and partners. are fit. seek partner with the The quickly continue levels synergistic remain slow. brand current geographic provides we diversification we engaged accretive margin activity a and to front,
We call and the continue to of our to like questions. for their maintaining be for entire exceptional service. team With Operator? grateful your diligence in that, to I'd levels passion open
