good morning, Chuck, everyone. you, Thank and
primary very overview initiative. the tremendous the the Chief me CommScope Chuck the continue as and the Financial clear to I to to create started with responsibility From this of has giving efforts Board has entire My been the of year getting opportunity management to financial thank the by and office become NEXT Officer. for we perspective, excited me Before since transformation our I'm working team CommScope value. the results, our ago become lead prospect on potential wanted shareholder it business. joining CommScope to transform a to that has CommScope's
of ensuring critical NEXT. between that be the an effective be key also financial forward. role and goals progress the a CommScope driving and of NEXT, combined tracking to for tools into function processes, as for full accountability, for now going of move results. X Clear success oversight overview transparent of now tight phase we implementation turning a the component and consolidated our with we critical As Slide linkage drivers performance will CFO CommScope management I'm have financial will and requirement my
more debt a yielding quarter, sales Orders billion, billion. million adjusted Adjusted million. business, the very third year-over-year a ratio customer $XXX of EBITDA Core book-to-bill quarter the for approximately sales a from of Adjusted prior $XX.X this the per declined the CommScope for expense and X% solid, $X.XX benefited and and earnings of one million, businesses, Network $X.XX of at you X%, billion. adjusted margin charge to regarding X.Xx. consolidated was decreased license ratio adjusted software book-to-bill Home the from third of for XX%, around business year prior XX.X%. to yielding net XX.X%. included modestly would net year bad period. X%. net were of focus Adjusted in core have decreased core to $X.XX while During the segment. declined again to item, million quarter per Shifting adjusted were percentage Broadband to a Normalizing EBITDA $XXX for year XX% quarter I'd $XX sale EBITDA from would EBITDA EBITDA share X% XX% Orders core share X.Xx. related remind was our Networks sales decreased have a sales last as was $X.XX the over significant increased in the EBITDA that increased
more core Our up remains XX% at business billion is backlog year-to-date. $X.X than strong and
EBITDA that on be environment, continues As despite the related Chuck of by significant mentioned, availability despite to be to should chain the core challenges were a XX% by environment. component ahead CommScope adjusted company and supply year-to-date It entire global basis, sales the impacted difficult year XX%. cost prior noted a solid and by quarter, net growth in
challenging the to the chain X supply overview feeling an for global of situation. is Turning environment. Slide chain the of CommScope impacts supply
with very on We is inputs. electronic well commodity of are of that freight dependent key products a technology a as of the various components company as content supply and manufacturer high
flow on particular, full significant had and, As customer to meaningful in on our in a the our and component ability freight see semiconductors, quarter. approximately million the normal supply related revenue result, impacts remainder are third if amount, shortages components $XXX of have what year Component shortages expect we cost to is basis, delays, would with and ship during $XXX across core shortages able approximately commodity is On no million business or to Home of incremental Of a million inflation this segments. we been approximately XXXX. strong our order attributable of revenue a Networks. having impact a to our had electronic to business to all demand now to the support continue and deliver for $XXX we
aluminum, areas resin, in mitigate. component headwinds experience and These input have impacts to continue key to that as in addition components most we As working Chuck of to significant shortages, such freight mentioned actively costs. electronic inflationary commodities severe been steel, the earlier, copper, we're
been the impact dealing costs with the business quarter. approximately on core EBITDA The accelerated of impacts have inflation these adjusted during inflation price in beginning input and million. since input our the year, third the was quarter net of While third freight we $XX
we Although significant these may increases mitigating are end actions up requires our that negative take impact transitory, having they the being on business now. inflationary
across prices already balance and impacts, some actions XXXX these to have of all into to will implementing and additional we the started XXXX. We throughout be of our increase businesses offset price
and also continue additional operational cost to pricing will supplement our We measures actions.
cost will input and goal fully Our to offset our be freight increases.
chain is following impact having XXXX with the of profitability the of the XXXX. However, we continue we as impacts the supply of results our on targeting of until gradual the implies as terms a can recovery feel backlog the that full data. our year. our on impact our the not size of sales will that disruptions end these further This financial we contracts, given into provide recovery business, a throughout of to are highlight inflation well To
are than continuing the expect quarter business. core to chain quarter to fourth $XX percent be the basis core lower to in XXXX of an $XX for pressures, revenue mid-single-digit expecting to we adjusted supply the million fourth we While grow year-over-year quarter, due million the third EBITDA roughly on
segment. declined X to regions. Networks segment driven with the an and Broadband for overview Net our beginning America million Asia of primarily Pacific highlights Turning by Slide X%, sales and of North $XXX
of by declined by Solutions. Network and in Connectivity While Network, Access business, lower sales to we and and $XXX continue see this costs. million our XX%, driven rising was volumes offset Technologies growth in Cabling Converged declines primarily Adjusted EBITDA input
with benefit due that the XX%, Despite We difficult sale also a continues and faced business be apparent a a broadband demand compare license from XX% as business on more in backlog business. in revenues as particularly the by EBITDA software commodity large backlog year. Networks operators demand solid not over repeat. for growth were Broadband in XX% than year-to-date Broadband our telcos continued fiber basis, expansion to respectively. adjusted stimulus. This cable supply and well and quarter Cabling build unit to projects is inflation, up Connectivity and continues a government of did and growth prior the third -- constraints to our This high-margin Network cost and Overall variety
expect as operators fiber growth accelerates. into release RDOF this as We funds continue the deeper networks to push of and
distributed well as quarter, gradual existing Chuck a network operator As cable access of to third the see trend we as strong networks of trend investment the of noted, in continue during models. continuation adopting
to the networks the operators We network are and making have architects. existing long to cycle equally investment we well serve positioned expect to tail, a in those transition
to pace fiber as driving benefit an accelerating as network continued networks of deeper into from greenfield investment Finally, expect builds. fiber we well operators by into
Slide pricing X% business million Campus of and Small unit. business by data indoor was center increased copper Venue which Networks growth declines net This with $XXX regions. DAS across during sales partially quarter and Adjusted on our and by fiber infrastructure Cell strength cabling Turning by increase and by offset RUCKUS and cost versus X. all $XX of by progress period the volume to prior initiatives, was Net for year supplies on inflation. over and or XXX%. $XX business since in we enterprises of input additional products unit, a is early constraints, driven year, Segment growth $XXX to due sales EBITDA million supply at increased beginning modestly Without combination of increased Backlog customers. our would connectivity offset quarter. the million of the XXX%. the And approximately have million backlog shipped has in
the overall growth Our business the connectivity for drove segment infrastructure unit quarter.
continued and business copper supporting see on product is project benefited the we cabling. estate spending unit, impacts also for education continue lines. the to Within spending These on a real of during infrastructure make that indoor lines projects. health recover cabling to our commodity various fiber care-related recovery new also to quarter post-COVID with pricing connectivity We and government designed activity and from able commercial progress stimulus product were initiatives solid
demand indoor by and data strong and In to addition remains centers. and In upgrades in from systems distributed XG-related a enterprise driver above, fiber momentum venue center XG- of sales. antenna spending incremental customers with multi-tenant robust the upgrade-related remain expansion business, our hyperscale data products key for
to expanding and going with business upgrade scale unit deployments steady engagements opposed driven case private deploy we large-scale as for continues to venues been During of public as networks. related and solutions projects has OneCell smaller XXXX. our And quarter, XXXX, that customers XG hospitals, the stadium to on by several executed saw we as look the air. a more to up, We're both also XG airports our entertainment throughout progression during sites we
business. and demand backlog technology are evolution very growth and government in XE X WiFi to and the RUCKUS strong our Finally, driving spending stimulus
third in their hotel to travel networks. We third demand healthy from recovery during RUCKUS educational that benefited as from demand shortages business both points a the limit vertical and is and were the ability to our these order sales RUCKUS are matched operators that quarter inflow. encouraging and by seeing verticals. our materially campus during the hospitality to unit at upgrade in also tourist semiconductor pickup a Despite multi-dwelling a also quarter customers trends, driving rate access switches impacted WiFi ship
up From of XX% by X. saw diverse Outdoor year, increased higher from upgrade was million of cost $XX prior portfolio sales operator of on macro volumes, we benefit and by freight XG Segment was primarily cell perspective, EBITDA North XX% $XXX over offset solutions. Wireless tower for to revenue investment Slide to by sites cell prior unit by adjusted Networks increases. spending America. greatest significantly, Outdoor partially from driven and third year Wireless a the driven macro during driven million business of quarter primarily Turning our largely input Net telco continued ramping inflation increased service. the performance infrastructure
of As preparation, global operators on we demand Wireless Outdoor focus macro cell seeing are a products. for variety healthy wide site
remained with Wireless that Outdoor much Our is XXXX. segment's some visibility for strong, have solid we of backlog a into this XXXX. is seen trend backlog very which believe We
continued from our HELIAX During cabinets of but power suite station for also as structural steel, such base cell a and solutions. the telco quarter, third operators for antennas, we management saw infrastructure cabling, demand site solutions
and sites. more of intensive products considerations radio portfolio cell power site, benefit continue added heavier equipment but the more important wind and become to for the macro to regulation CommScope's As macro should power is and operating everything broad, costs loads,
potential Nokia months. operator European encouraged new the continue to in its by and a deployments. of more station we the exciting about base simplify our coming a And potential collaboration markets, antenna news technology also to XG share made Stepping and operator be progress making several this quarter, We we hybrid interest in infrastructure. expect as with strong in in antenna have evolution win to international to headway a America, Japan's outside at network major player XG important securing North active/passive during
decline materially by except Net a semiconductor to significantly products Asia Networks costs. and unit heavily lines. most Turning continues year-over-year sales impact impact in product EBITDA deliver source year, to expense. which required broadband to and on declined declined component Pacific. lower From inability and was include driven chips, volumes million rely declined for and Home's perspective, Adjusted in sales of Home debt profitability from to quantity the chips Slide in the the of X our higher XX% Home prior was ability to by gateway also video expedite serve bad we in products business segment. all million rising negatively negative for million seeing. Networks addition to of our freight Networks and demand the impacted $XXX costs, regions, the input fees. are Home input $XX both of profitability The $XX
positive now to On price and and Home the offset visibility Networks XXXX. Selling extends side, and are costs. our have strong being to orders been into for inflationary backlog, continues build well implemented the high-quality increases announced
update on to are spin-off, from second as spin-off As on progress core the the quarter make we the separating execute business expect Home to an XXXX. CommScope the continuing Networks of and during planned
to X. flow overview our on cash turning Slide Now
was For adjusted cash $XX the $XX flow third million, free flow generated quarter, million. cash operations from and
the however, million For offset was inventory capital saw working nearly we by changes. increases, of roughly quarter, other this $XXX
issues to by inputs and primarily of the effects than will softer full as our we initiatives In generation offset the constraints input continue prudently offset remain the and inventories meantime, driven cash remain This Considering of is expected. well supply now realize EBITDA, to have working lower we situation manage times inflation. year expect capital. and This we improve to above elevated cash should expect need as as flow finished the we transit supply to originally gradually Given our and to that cost extended disruptions certain of of volatility. our goods to to discussed the inventory supply components improve. supply levels higher due today, hold until we chain inflation,
capital overview liquidity Slide our structure. Turning to of XX for and an
of XXXX. in successfully and quarter, third balance steps secured to sheet. this next new It to XXXX XXXX. secured and to we $X on refinancing interest maturity tranche rate billion extended $X.XX by of XX due lowered take tranche notes basis by debt This in out our expense manage million. our interest also large due tranche We X-year debt and annual reduced the debt with During points pushed proactively our continue notes derisk refinanced of of over a a
net cash outstanding at our significantly X.Xx, once as The provide end of expect cost strong. remained strategy with loan required now our to this the no the amortization. During cash growth. under the and efficiency Chuck. the of company's the total I quarter leverage was quarter. leverage ABL. made $X liquidity ended in quarter draws our the no NEXT our available and second again billion. and nearly an CommScope net third during with around of committed $XXX and term goal from million quarter remain We quarter, call path debt significant into over will goal We liquidity timetable our the the back refine $X.X we toward repayments beyond million turn of increase X.Xx We longer-term to insight to The reducing company ended and
