plans you this Thank the share our iSun's today. year. update first and for you, progress quarter everyone. for good I'm morning, Thank on you during us joining pleased to of XXXX
out has are the and We team success in achieved of energy XXXX. pleased with the gates our the
our While projects. and transition contracts there that as active to report we continue are seasonal backlog to see excited always challenges, I'm signed
results year As ago. our I said, full reported month we a
accelerate new in strategic nation's and infrastructure and adoption solar to effectively our trend provides achieve to of us energy. of the our important continuation this success solar confidence our EV to mission against in ability execute our with plan, in The contracts winning
and execute support the competitive, I us This platform plans created on approach. past our is we our the establish revenue opportunities and platform done need work we to detail differentiating over quarter, long-term iSun recurring sustainable we've our approach Last that infrastructure for the positions in about for through spoke in advantage growth to year investments the growth. a
the see results improving first year-over-year in initial expenses, efficiency with We've results and operating also quarter strides growth. revenue and and strategy good net the of execution made loss. lower We our our are in efforts lower a from this quarter first proof in improved productivity the clear those
year better to utilization it's our Similarly, with operational beginning made an we productivity, combination shortly to the residential results improvements I reflected described continue project execution. project coordination front make divisions of yet, at have that. of good accelerate are on I'll We this on not side showing the and also just good commercial industrial the results labor our pipeline update that our in last quarter. progress on share while higher
in first were our increased installations efforts Revenue XXXX's results. Gross side to Quickly QX slightly quarter, ramped-up by XX% reviewing implementation our quarter ahead in XX% this on the XX.X%, million. down first reflecting year. of drive from to residential mostly $XX.X margins
an organization, first of and scale margins as segment synergies from revenues the to on efficiencies In tend drive margins Residential basis. came and higher. annual that we remain quarter, expand our throughout the XX% confident continue We where be the to our gross we'll
backlog total $XXX.X was As March of XX, million. XXXX, our
as are the projects effectiveness XXXX. end demand the as underscore of quarter X.X of pipeline our well pipeline strategic of backlog we first The experiencing the increased that remained ongoing the as gigawatts Our initiatives. of at customer of and
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a did very seasonally share X slower in The unfavorable this is divisions a our the installations and we in the Residential even words past during shorter of quarter. days. in performance are weather me few period Northeast division since Let though the limited about well,
business and period in to heavy quarters. build We expect of continue a more installation the coming
The our competitive backlog beginning major of is our XXXX in Commercial start. to more was our which in the backlog business quarter strong more add generated through than a quarter half combined we and with and a wins. and productivity of combination. to the It the for the we off rationale as through We're pleased contract revenues division's division, as utilization the financing Industrial this work begin labor
Utility both recognized division year. bring added infrastructure. although the solar knowledge to that on but over mean new lines, delays and slower affect expertise expected have many the especially is they've work strong We've business revenues including Product the resulting and the deals generation, will our backlog, appear will relationships customer large. later be group, implementation, EV utility this a across quarter contracts. side, simply Development and the and start, off $XX around revenue past later our remains that in won Our and The the to and established led teams million the recent delay
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been cultivate customers, recurring our with relationship to our we create hope opportunities. this has approach As to of all
expect even the and tax and credits year from those regarding were language with take last first at accelerate million We of ahead. working of the $XX collaboratively and the our projects awarded solar. to we Department benefit an Additionally, Treasury to that and in provide quarter, Once genuine adoption to they operations await elements. relationships and we this pride are at long-term the years to rules other as great our legislation disseminated, will iSun's these solar will separate convinced the building valued customers. rules X remain afford as year impact the customers passed existing finalize update for end industry's We we IRA how
will in increased development our those beyond. assets our pipeline as case, both to a those address in as that the more in and well we'll construction, the demand specific which, as roles increase uncertainty expect solar value under first We higher of removal lead XXXX of valuation of of will and the
XXXX, Thus, we annual fiscal expanded demonstrate of expect along to all $XX XX% on evolving total and are $XXX operating for with to obtain to we margins. factors, revenues to profitability margin for continue million along growth for strong expansion year with year in In affirming reflecting considering XXXX macroeconomic of EBITDA the a the XX% profitability. an revenues and million, our total full XXXX, increase basis gross expectation
over the turn I'll John? that, With floor to John.
