everyone. good Scott, morning you Thank and
reported expectations. me million was will respectively. reiterate heard, the results million And last our the with year, representing prior the EBITDA our is period. last a and and in during up provide year financial $X.XX, and consolidated up let segment As quarter strong breakdown results. of first six same Combined last EPS performance relative XX% our reported XX%, up our XX% were $XX.X second came with $X.XX, I the at last growth of in just but months over Adjusted $XXX.X year. margin period billion XX%, $X.XX QX an you adjusted year-to-date growth XX% over EPS with the of we consolidated to million, as our X.X% at year. Revenues million, performance adjusted billion, EBITDA $XXX.X quarter, adjusted per Revenues year for both X.X%, versus internal over $XXX XX% X-month momentarily, a from financial share increase significant results, $X.XX of $X.XX first our follows.
EBITDA adjusted Our consistent with earnings morning's been and adjustments to summarized EPS, and press and periods. calculate prior respectively our in release have adjusted to operating GAAP in our disclosure this EPS remain
QX, lead division. result off with and - highlights segments our our Residential I'll to for Turning financial FirstService
in margin year-over-year revenues the increase, in at growth an quarter were EBITDA prior year's the XX.X% a up Second the comparison pleased period. a was year-over-year less only with eye for strong the last XX% over to year resales margin our quarter of with $XXX half level quarter, continuing reflects million, benefited home disclosures heightened of communities XX% last activity second $XX.X points down given which XX% quarter. pandemic. was the resale XXXX. and year the We second XX% last of year. to of compared basis from again once in came QX a itself increase unit than margin XX million, transfers This in the this within revenue, very margin by from higher theme improvement started The driven that
FirstService revenue at And not this year. expect this ancillary back half in meaningful any Residential pickup further we from so of margin would the
FirstService yielding quarter. and brands two margin year-over-year the this period. second In on the division. QX. were margin of increase EBITDA reasons during Now over revenues principle last Brands million, in $XX.X the XX% in our $XXX from recorded quarter came up XX% we quarter, segment at to million, the year's year prior a compression margin for XX.X% down for the during an There XX.X% the
home for margin. in margin and margin implemented. down operations up when points COVID-related quarter, came during QX, headcount by aggressive driven On First, in from XX.X% the the to relative with second consolidated quarter, second this indicated as office basis of reflects our were restoration year's incurred. a diluted year. level reductions quarter most significant including $X pandemic when last quarter our basis, head from higher brands to additions for million contribution This prior our the compensation margin division which last reinvestment costs, our resulted QX the million dilution from increased growth corporate this totaled the improvement were initiatives from we EBITDA last cutting cost for expense call, brands relative XX.X%, the at XX $X.X And other outlook our QX, our year's second,
higher the these two divisions EBITDA year the Excluding flat was of prior from our our operating approximately to impact costs, combined quarter. corporate margin
margin We operating our year's level. in to flow. EBITDA relatively also Shifting our end to last XXXX consolidated XX% expect up full to cash see line year
Cash up swing working QX impact levels however, capital to higher balances strong operations Texas versus their the growth. we Before work. to reflective for revenue at were our strong significant capital freeze working the quarter, Restoration, and receivable was EBITDA of after working and related accounts from a due XX% down activity changes, capital, XXXX, flow FirstOnsite mirroring
under respect face keeps track CapEx $XX a last were our preservation initial our the to balance platform. from cash capacity the at our to levels of review finally, our robust efforts quarter with prior further of in times, quarterly identical pandemic even of $XX sheet. just uncertainty. investment with around our and the and program, over continuing our when recent growth at target. And year our Clearly, during growth towards debt With adding million as This to with we quarter growth measured our also with net support demand. full million, continues second $XXX This exited reinvest contrast Closing growth, operations. million on towards in our model X.X almost Paired the tuck-under earmarked with acquisition at EBITDA strength, internal us flow our to year, net balance end. levels. strong to from EBITDA $XX leverage FirstOnsite deployed spending, the tick by the We focused QX quarters debt sheet collections as free and was by million almost came reinforce down emerge capital in of our pandemic we meet market to year cash
in ample Our headroom also thank the to concludes sizable prepared would the our $XXX approximately availability I and of revolver comments. on cash hand, is with capital That to and you. please providing liquidity, call questions, million, total at undrawn further to ask growth. deploy operator now up our under us support open reflecting
