and you, everyone. morning, Denise, good Thank
Let's closer results. financial a look take at our
quarter. a to headwind. sales Our by compared increase in net increase third billion, X% a by prior a was volume the year This driven currency X% for offset decline in were pricing the X% quarter up slight X% consolidated with approximately $X.X partially
to from currency $XXX fluctuations and was EBITDA. This attributable slight We million a decrease Turning quarter. year impacts from pricing last to this largely lower million $XXX adjusted saw changes. with to decline smaller portfolio
However, increased as cost these offset declines well were partially reductions. volumes by as
last liabilities non-GAAP reference, These of we year clarify following material third in third year's to revised raw EBITDA the quarter last understatement should our the results point for prior for revisions related to U.S. of our contract adjusted adjustments including to and purposes help also of litigation accrued GAAP. eliminate comparison correct quarter fourth decommissioning the Taiwan under quarter, facility. a year's write-offs As
delaying growth their and or the with near-term industry hydrogen, loss prior Chemours $XX demand.
In for adjusted to quarter, new of prudent the in full net income per impairment diluted was goodwill. share $XX slower specifically million projections spend noncash third all impairment our returns. net in quarter Aligning charge. we assumptions and share net The per capital compared includes we focus, year. which reported million $XX a of a of in million current the APM included respective certain segment's or segment, $X.XX projects a our strategic for investments response, loss indicated venture, the spend, which a reviewed For ensure third review $X.XX in the reduced appropriate analysis This resulting strategic of for hydrogen to quarter triggered
income came per our charge, income due was or which adjusted last $XX year million share, net impairment to in largely per diluted quarter overall share, our this I mentioned. at million $XX adjusted pricing lower previously $X.XX net consolidated $X.XX the for or diluted of down Excluding
in to approximately segment sales X% impacts was business turn achieved record million, TSS. was net with a flat. an a remaining X% which offset This performance, $XXX decline primarily by of TSS relatively the our from with volume, prior quarter, starting let's growth currency partially driven X% In third by Now year. rise pricing, in increase the
linked pricing the in inventory HFC We see pressures, continue to primarily United to to elevated softer levels prices Freon refrigerant due States.
in offset by Opteon refrigerants. pricing However, this trend partially was stronger
growth side, robust demand for we Opteon and volume fueled adoption by markets. experienced stationary ongoing end heightened driven refrigerants the auto by On in
portfolio. other We also performance across saw phone, propellents our strong and
did pricing, by These by on our auto the in particularly sales of Opteon refrigerants, volumes reflecting end by XX%, driven aforementioned with mitigated price refrigerants decreased However, due quota TSS' and was as declines higher $XXX million, refrigerants free within EBITDA associated Freon markets. markets.
Sequentially, year-over-year trends and continued volumes declines seasonal Opteon the fall resulting in products, allowances This an adjusted to as were typical declined costs stationary adjusted to adoption in margin refrigerant portfolios increased material increased though this of end EBITDA and securing XX% was partially partially refrigerants largely decline offset across well XX%. near-term costs. raw rising low in net TSS' GWP stationery
currency adjusted This prior to unfavorable savings in the quarter, segment. Sequentially, transformation was X% sales $XXX realized margin a in X EBITDA related by move primarily year-over-year let's plan, through X% the in by offset than movements decline price. million cost net X% provided due sales pricing improving by XX% hit TT's driven Adjusted to points and In the fell prior to $XX year. to TT's also Now compared increased year, TT net unplanned to costs the while X%, increase, a million downtime. Altamira to with less a our the XX%. Volumes to reduction million, increased partially by compared X% earnings driven to EBITDA $XX in third pricing. boost presented percentage TT
strong the XXXX, fluctuations also APM volume end of quarter million currency with both Advanced in Performance growth. Notably, decline was well The by product pricing offset and from this X% largely as the to in driven segment markets products. due across third net a In macroeconomically to in Materials was Solutions by Performance sensitive creating APM. reported a Solutions partially with growth pricing stemmed volume X% in as year. softer growth slight mix, to or X% of compared a our prior a Turning X% $XXX headwind. year-over-year market conditions X% shifts rise decline a increase the sales achieving This
with X and percentage liquidity. X%, EBITDA quarter, primarily by volumes cost to million with million third Sequentially, our expectations.
Shifting current sales Performance EBITDA net our last from million aligned decline adjusted as in to For other a lower as balance adjusted and $XX our of increase adjusted This million APM's Corporate focus sales EBITDA offset to combined $X totaled fueled fell which XX% period adjusted million, decreased within driven the to recorded EBITDA the and margin the by an Solutions.
Separately, quarter. respectively, $XX expenses the in year, primarily rose segment, segment net was XX%. by mix absorption. increased APM points sheet our $XX same $X
in debt XXXX, This at stood million billion, XX, under $XXX liquidity. unrestricted approximately and million gross As billion includes available cash along credit of cash September $X.X our revolving in $X.X our consolidated $XXX with equivalents, facility. with
related future retained legacy under related company the $XX cash MOU equivalents, cash [indiscernible]. the escrows to potential and million restricted to primarily the of terms Additionally,
totaled strategic operating million, Our by X% third $XX expenditures quarter which cash same prior $XXX year the as this was in priorities. from for quarter Capital million million the company the in year. provided last compared million the increased focus on spending $XXX activities $XX to continues quarter to in
dividends paid during the $XX quarter. company the Additionally, current million to in shareholders
continued the very So momentum several market performance key exceeded with positive pleased overall, are in quarter. our trends and expectations areas. Having with we
all high expected year-over-year air strong stationary in OEMs XXXX. to units. For continued to new conditioning our to the Opteon continue transition volume as we double-digit growth with year-over-year [indiscernible] show volume into trend across we saw instance, through Notably, under trends is businesses. the This increases U.S. adoption in
Performance exceeded planned, APM, were the TiOX look Solutions compared will manufacturing, quarter. our TT, portfolio we lingering in which stable Solutions prior Teflon PFA TT And as strong expectations as our to Plan. up Transformation of our for and line the year, results stay to despite contribute to we For ahead our fourth running while Performance volumes with also ahead
as substantial the the X this and continue quarter, material progress Lastly, year. weaknesses on progress third to Notably, the stemming of of control have X we successfully also issues made remediated from we've our earlier as expectations other head quarter perspective, we we our remediation.
With also third like X remaining thinking and this fourth now controls issues our to as to frame for appropriate into the XXXX. I'd provide quarter
experience sequential For the drive seasonality, quarter, decline refrigerant the net teens. TSS fourth in a normal low sales in will will which
double-digit continued see to fourth year-over-year growth expect refrigerants in We in Opteon quarter. the
due expected will the be support the manufactured transition to important important However, beginning transition. it's Also, this we of is starting support our in available track TSS' regulatory of systems [indiscernible] in plan capacity in is the We newly adjusted this our on network highlight at that beginning next leadership commercial year. Chemours to XX% expansion the Christi, low production a XX% air to the additional the which position regulatory have XXXX.
This and at global of of XXXX, residential refrigerants capacity to OEM and to Texas to critical EBITDA strong our expectation remains place seasonal trends. market believe requires low with U.S. to Corpus of that the brand range decrease expansion conditioning sequentially our and Opteon half beginning transition, warming available light to
in in we the as Looking sales many transitioning to alternatives at will products, represent we We in market transitions by throughout volume be refrigerant U.S. GWP such Opteon to HFC although the available refrigerant that net pattern to Opteon. double-digit will levels continue net anticipate RXX.
In producers to as from our they persist XXXX, options conditioning growth low to portfolio plants. the pricing XXXX, the TSS expansion Freon low anticipate volume remain actively will of The driven in air portion strength will in smaller legacy driven U.S. growth sell as Opteon continue sales HFOs for markets ahead, Freon demand XXXX. of a through increasingly refrigerants primarily
that remain We margins other also will our into reduction in as strength greater, foam, products combined with slight pricing EBITDA adjusted These we XXXX. move or expect propellents expectations that assuming around Freon XX% additional factors, efforts and stable. cost support remains
from to volumes high sales fourth regional to with combined our the net seasonality TT lower In decline, of single-digit expect with sequential impacts Turning driving we mid- business. quarter, a sales. mix
to volumes We EBITDA highlighted, in into line under quarter. to will the also decline mid expect and be will Transformation efforts expectations the fourth teens continue between TT as our drivers. adjusted by mix to supported with high the decrease exceeded This continued and has sequentially lower continue Plan, which, cost-out
for demand recent an opportunities rate improved TT, XXXX stabilization driven and Europe. and for to ahead Looking the by anticipate we cuts environment, in U.S. volume
also will cost-out continued continue a Plan. future. cost-out leverage earnings Transformation with We combined to move continually the produce the efforts these demand enhanced into improving continue under environment, as believe our TT efforts, that We will we
in by advanced Adjusted flat by mix weakness cost anticipate business, APM offset the positive continued contributions single-digit to anticipated low combined is increases EBITDA due our to we driven portfolio new Solutions, markets, macro Teflon our in PFA from broadly net For reduction decline business. by and materials line. be slightly sales across Performance efforts with a sequentially our driven
into anticipate recovery until won't anticipate of improvements year. back the the in as into this supply recovery, Teflon XXXX, We chain, reduction to top line start believe favorable That from of later cost to head business next margins APM's while this a Moving this macro us some recovery we should in the leads top additional mix said, meaningfully persisting be continued on to could impact new efforts to that positive APM's year. the PFA tends product drive weakness further continue which in the at offset strength earliest we line.
Our with sales, consolidated the high low compared the range that fourth anticipate expectations net we corporate quarter the a be mid- this with generally are with EBITDA will as down Also, of third for the teens in quarter. to quarter. a to line sequential part third in single-digit adjusted expenses high XX% decline change, the in
will we additional which our insight provide XXXX, in as into in well expenses, strategy of functional business costs Moving continue section this driving will out call. [indiscernible] and corporate as later to we our
line in ahead we our cash generally cash our as As positive we overall anticipate we operating third fourth in with will liquidity, flow. remain expect to quarter the look the balance quarter
TSS the to will increase total do also be range planned businesses expect around in expansion the underway CapEx production Christi, We concentrated site in maintenance $XXX additional our reference major in Corpus expected and CapEx primarily activities quarter of the which million. a across fourth our approximately
banking would As we move ahead, liquidity-related with we do not anticipate any more liquidity hand concerns to compliance or impact our events discussions. over it that, for strategic I'll that [indiscernible].
With back concerns Denise
