joining morning, call. good for and Thank Thanks, John, today's everyone. you
to Slide #X. go Please
shared, Allegion level. and quarter million, electronics XXXX. We X.X% for sustained a expansion strong increase at solid third an healthy delivered with margin cash quarter John flows.
Revenue $XXX.X of continued compared high As growth, performance the to another to execute of was
along continue to see Access in strength price with realization Technologies. and favorable electronics We
pressure our residential challenging ongoing business, However, organic paired prior X.X%. year a resulted in of revenue comparable, on with decline
and than more quarter investment, margin operational Adjusted highest third year-to-date strong excess along our the with history. and impact. operating the basis adjusted margin Price execution, and increased we volume offset decline margin On both a operating productivity in adjusted in EBITDA in basis, by inflation achieved points. of the have XXX
the with months pleased margin chain now last the supply I'm during loss the we have recaptured disruptions. margin XX as our performance over
expansion. and execution well model operating future have Our positioned strong for us margin
timing remaining prior nearly approximately driven share coming the Adjusted $X.XX the or of tax discrete $X.XX year. versus per earnings per share Operational with XX% versus year. the of prior by from items drove increased performance $X.XX
rate be XX%. We expect adjusted to year effective approximately tax our full
the details earnings of our You appendix. find can in per performance share further
cash was provide a earnings. and later balance $XXX.X in the last flow sheet on of details Year-to-date versus an cash by our million little will higher presentation. million, available driven more flow approximately increase $XX I year,
an before I respective to year-to-date our will slide quarterly go review here enterprise our #X. overview Slide Please our results regions. and to revenue. of provides This turning
have X.X% offset in As decline as the of volumes. with revenue growth mechanical reported X.X% pressure of quarter mentioned, price I we just organic in a realization on
than slide, comping the is growth with QX top against XX%. our of of quarter year on the As you prior see more organic
when organic company's our supply allowed recall, backlogs represented history. improvement past-due our start chain customer through us in is the and and growth efforts orders working If that you to highest
favorability growth to some was nearly business. bringing at basis, Americas Currency organic On X/XX. in drove X%, with in a year-to-date by driven X.X% our the total nonresidential overall revenue quarter, strength reported
X% is year-to-date. business down international Our about
Please go to #X. Slide
Our offset was Americas organically basis continues pricing volumes. flat to a in segment lower reported margins deliver results slightly third quarter, reduced strong expanding million operating on favorable volumes. and of as was by despite $XXX.X the Revenues down
Americas low a business year-to-date single has backlog grown by nonresidential approximately the mentioned. up disaggregate me components year XX%, which I just digits. further. basis, double On comp, driven business Let grew nonresidential The prior against the was digits reductions
Our rates we Americas see and market in weakness to continue is in the sales. higher interest down residential home teens existing business residential new impact as continue low quarter the as to
high-teens long delivered Our quarter, line growth Access to further We continue our top term. Technologies runway Demand in business growth electronics this delivered that solutions quarter we business see for electronic for growth for remains the long organic and of demonstrating of the organic provides the adoption in driver the remained a in stability growth representing another and a electronics mid-teens, strong Americas. key as us. strong
and the second be this book to the soft our adjusted reduced quarter we has a we our adjustment, as are customers normal in a quarter discussed We channel third during little call, worked lead to more volumes expected ship and through As back feel were mechanical to times. business.
points, margin operating basis adjusted quarter the year XXX the adjusted while XXX $XXX.X margin respectively. productivity up inflation and EBITDA of and million demonstrating income margin driving Americas expansion, prior resiliency model. increased the Americas substantial and versus business our and exceeded of Our were period, investments X% adjusted operating for Pricing
Please go to Slide #X.
was executed China reported basis Securities Price X% on $XXX with Global realization and challenging which a segment offset associated more lower environment. in in International Revenues volumes, down X.X% well a business our our are challenging and of Portable was operating Our business, than markets. macroeconomic primarily by up million organically.
to continue low software and digits in electronics the strength quarter. organically double in We see which solutions, our grew
reported was In positively quarter, addition, a tailwind by X.X%. currency this impacting revenues
the income prior International year of period. adjusted over increased XX% $XX.X million versus operating
operating the in portfolio our of and expansion, International adjusted improvements margin saw EBITDA segment. and also basis XXX margin This healthier We substantial despite within adjusted highlights volumes, points, respectively. XXX margins reduced
Slide go #XX. Please to
earlier, by begins higher offset mentioned up flow This nearly cash million in related year. came earnings, $XXX.X expenditures the production higher available million, versus at our I quarter. partially prior Mexico, by capital this $XX new which year-to-date increase in As to is driven facility later
earnings priority was company well year. to as management capital the year. Working primarily remain timing driven quarter the the revenue increased Working turn for suppliers capital in prior receivables as of efficiently and of This within payments as we by a timing associated to revenue prior our inventory cash. percent a as and of versus
delever down We Our on successfully net in associated completing credit continue Technologies the our following our the Xx that million borrowings facility repaid acquisition. $XX with Access short-term adjusted as we acquisition. to quarter, debt to the revolving of is repayments EBITDA final to
We rating. effectively are of deploying investment-grade capital demonstrates proven an record now pre-acquisition while back levels, to track which our leverage credit maintaining
continues and our strong in Our sheet generate balance a to business cash continues flow, position. healthy to be
full John year to on update the I'll our back now call XXXX an for outlook. hand over
