Acquisitions, everyone Financial and Chief With Katz. today Executive us. me thanks and Operating President joining Michael for our our Vice of Welcome our McCann; Jayme is Officer, Brooks; Officer, morning. Chief Matt Good
morning this tropical we We you from are calling Tampa are a experiencing where storm.
a to a you happen. plan with and us will in We during are we -- give in But have back lose generator. moment backup a facility it should the an will should we emergency we call, we dial call that just
results. results earned paying corporate the staff unit business efforts employees workers, our a craft third our work. had operating The solid in want I service are terrific well technicians, for reflected thanking from and to by those and of as their and and always, very our to financial team start outstanding leaders branch off our organization. our As by entire quarter We were
tremendously sustainable time. at we a evolving the and continue a s I'm transformational proud employees contributions. and pursue Limbach their of building value As to our same strategy,
a to For the owners mechanical, optimize time, model significant us fundamental them to building focus Those proper represent first for to models. of business of transformation systems. for are midst customers building the our investments those business plumbing joining customers, functioning on partnering systems the mission critical capital the and are and electrical of with we're and performance in our more
distinct two segments. have business We
First, Includes ODR. the project and Relationship, to Order or provided facility owners. services work directly Direct
or to implemented general construction GCR, a The performed accomplish includes shift a or to second, subcontractor key a contractor strategic objectives. two Relationships, we XXXX, In General Contractor as work manager.
the on rationalize First approximately At the lower operational ODR returns revenue, XX% volatility and an consolidated was segment to through goal rapidly the The of expand same cash mix and GCR segment would in earnings risk, generation fairly the improving ODR superior flow. a achieving We from segment GCR segment segment. simple. focus help believed achieve objectives. cash to set a better and midterm strategic flow to cash profitability by rationale generated of unacceptable higher XXXX, A was and and the performance, key we level margin priority XX:XX key constituted generation. time, the shift for us realized which both revenue a flow second
with relationship which related services. direct consistent work recurring the of and and stable, project result a As facility owner, provides
time, generation. and At knowing contract, we increasing improve cherry smart a strategy owner, pick Within labor, cash which predictable and the right building with the to growing we generate better believe segment, GCR the the includes the would execution allocating know profits flow. projects, profitability cash when lead we that will and having better
have past the value. over the two quarter financial quarters With has and we that the us results this our in that three the previous have sustainable now build the proven executing right to years strategy strategy proof experiencing over Our last plus we right. years,
Turning to results. our
positioning accelerated ahead achieve Our of a continues an schedule. business next XX:XX us years to at segment would focused the transition year, owner which two to be pace, revenue split
we've to debt compares flow period date the despite revenues getting to last by mind trailing the as This record, GCR off cash improving flow in The as Pontiac and liability, QX, have XXXX. for net from in margin our by $X.X for better business. margin in year. $XX.X term XX, us profit same vehicle revenue debt to contributed million, down the total the the XX.X% $XX financing said, undertaken with some time, allowed gross period excluding Cash of the of XX.X% growth XX.X% Performance and paid and bringing consolidated of to long-term declined was a this profile segment, we've company several margin to flow a our was September margins, quarter. the $XX.X the for in quarter, QX. leases by XX-month reduce conversion, transformation December XX.X% debt, As revenue cash gross risk our was leaseback overall from finance quarter goals continue segment our for and in million gross which Consolidated strong Limbach’s generation consolidated fueled of of total the in reducing significant income XX. driving excellent we in ending slow sale start operations million higher ODR year million was the execution to
end in and ODR million from December of at from second backlog last were XX. million X.X% quarter, of year's XX% from up the resulting $XXX.X XX.X% September quarter XX, up third up sales $XX.X ODR quarter, segment the Third of $XXX.X
at million our previous $XX weakening provide strong a up guidance million, I EBITDA of succeed diversity to diversified economic adjusted solid to million, conditions. often the and We is deliver emphasize our expect minutes to the GCR key tightened in We I resilient the million detail to million to $XXX.X million XX. $XX of We outlook, to million. $XXX while on we X.X% business from remain to And between With $XXX a our of with to themes call the tightening adjusted $XX what date increasing track I company EBITDA year four from few on building million our for up $XXX and year, June million backlog solid in recession full even $XXX we're essential quarter of $XX the a range. previously. the primary business owners. customers, face the well to compared year. ended describing are financial of especially to our positioning $XXX.X and guidance want range how revenue how ways. with business million, portion spend more now also of our want be our of revenue year this to We performance of
driven First, electrical we for services that and demand plumbing Mississippi, and nonresidential, over local offices economic have XX XX metro service mechanical, activity. the demographics, of key east by areas
are geographic Our largely markets uncorrelated in respect. this
design when to critical Building ongoing supply equipment well need by and replacement not range front equipment, maintenance running maintenance. their equipment service maintenance owners a for Second, engineering, of have issues. and keep customers as ordinary and is available. from services construction through we and as and importantly, wear capabilities for up offer services wide and end driven and a chain Demand service tear
We supply the also chains globalize. replacement anticipate the possibility once of a cycle strong
end Healthcare to large, we markets from Third, markets many a uncorrelated manufacturing. end industrial data of one largest continuously of critical healthcare and in where serve. to grow centers the markets is we we throughout operate our
goes increasing focused middle well thriving segments. Fortune market of building The examples industrial systems build platform critical for users. revenue refer factors of underscore Finally, and ranging form building key of operate owner. we are always companies if internet XXX for strong XX/X, it simply customers Jayme our and on the that, available handling that our business. By mission customers always, maintain to quarter. on our that and these These to wallet is economies. customer long of to share to details drives cultivating expanding to the list from hand what share. a mission the We're systems as provide allow more broad Hospitals we systems, the centers I With air relationships, make for term expand go services strong Data down. capitalized both their service our if diverse in operate on often and the cannot relationships, I'll These off are foundation on. set local goal sure of to companies continued pipeline growth critical not opportunities and XXX many wallet design,