Doug. Thanks,
double-digit execution revenue orders Onshore/Offshore and growth in third Surface international Subsea, highlights in Our included quarter Technologies. solid strong in
in separation for continue backlog execution build and companies. further a in We medium-term solid to upcoming well-capitalized confidence our providing two beyond and foundation our into for XXXX outlook
generated which now has been for flow also cash consecutive quarter positive five in operating quarters. the positive We
the totaling Moving $XX adjusted per diluted million. results, that was when with per $X.XX to Total with expense excluding in in related per of charges payable provide share increase for included diluted in We of per net the credits included, company losses million ended the included liability $X.XX the is items quarter $X.XX we of after-tax joint EBITDA exchange guidance, earnings and to Other $X.XX to impacting $XXX from which share diluted venture pretax continuing and do not flow operations quarter, share. cash operations an were from the cash $XXX share in corporate expenses. partners foreign adjusted quarter million. diluted interest
to an Subsea third by driven segment increased North intervention activities, activity services. in quarter, Asia Subsea increase solid the revenues notable higher in increase quarter by year-over-year with well Sea. in growth Pacific and asset of projects the installation, and billion driven was Subsea $X.X refurbishment XX% Turning delivered results, prior The in year services versus strength and the revenue
quarters. of the versus of experienced year shifting some year the key revenue reduced which growth impacted $XX period, timing the the growth prior by solid revenue period. prior also adjustments, coming we revenue growth foreign by Revenue in growth milestones, impacted exchange was was the this over While by into anticipated recognition project translation million
full second our for the billion, of Subsea. of margin from was significant X% our our expansion the third $XXX increase with year consecutive This of quarter. prior of confident remain EBITDA a revenue guidance million from Onshore/Offshore year quarter an revenue was benefiting year-over-year XX.X%. Adjusted of in reported We backlog. growth, $X.X quarter
strength performance execution $XXX with and XX.X%. contribution Yamal reflects was period in EBITDA LNG of margin the solid portfolio. the the continued margin Adjusted million across in The the a
award Following an quarter of we the announced EPC LNG Project. Mozambique's contract Rovuma end, for
in on While will XXXX. given. early in contract the when is Investment our The we project included The will client the is in proceed anticipated full notice on to be not the backlog the will work Decision value backlog near-term, be fourth indicated Final in quarter. impact perform that some full the has material
nearly American primarily further quarter revenue in offsetting lower markets XX.X% of $XXX strength was Surface to margin down was in volume second of sequentially, in EBITDA the Technologies' in and quarter largely the unchanged international activity. headwinds million pricing pressure North continued versus America. due Adjusted North the with modestly
generated LNG. flow. from positive of quarter Turning This settlement. $X cash cash marked would contribution flow million a This operating the been we $XXX included flow, to positive which million period consecutive Yamal have fifth in of $XX cash million our operating excluding
again positive Year-to-date the we expect in be $XXX and flow we generated million operations operating cash from flow of fourth quarter. cash to
operating Beyond dive impact of million the for in $XX will excludes the in line, year the $XX $XXX and million growth. we for quarter the expenditures included of note that period that our Please support investments support recorded the first million guidance capital were transaction vessel. leaseback future sale the full approximately
the million earnings of the of will intent I additional the a distributed the to liability half call, Yamal joint payment made stated million XXXX. be $XXX In on QX likely third result Any of $XXX the profitability in project make increased incurred and lastly, year partners a expect our of liability to year-end. the in further the quarter. an fourth in beyond second distribute before we increase And as cash venture distribution majority to the quarter, LNG
Turning and to corporate Surface have guidance expense. outlook, updates for our provided our Technologies year to full we
lower For both impact negatively American price. volume Surface to North continues activity Technologies and
of half to international total the which international our trend expect guidance healthy Many double-digit of of end year for billion the we the are rate weakness and result grow the in markets supports range $X.X although This of $X.X toward over as of account billion, just this America. full revenues, at year. low a trending we full a segment now North our our revenue remain to low for
challenges market in our XX%, down reducing of margin previous are are guidance North least our XX% guidance at due least to we at we from the facing America. to However,
the year For corporate our FX. guidance increasing impact to range a of guidance previous our million expense, $XXX full $XXX excluding million million of $XXX to million, to we're versus of $XXX
fourth initiatives go Our corporate incremental The where of updated have the guidance is spend complete. a mainly to accelerated spending in materially This to including with by elected of million reflects been run quarter, of PC impacted global certain for million approximately $XX IT costs $XX line refresh. we forward rate the cost underlying is the first year. which corporate nine the with months
in confident the in Given level nature incremental spend, the we're spend the ability our of of to discretionary deliver this quarter.
impact comment kwanza by want not recorded we exchange. foreign the the I we Angolan the the do majority Bank its to in not offered more the took million FX markets. to provide The Finally, We the hedge expense of on quarter. less of in impact Central published as $XX rate align exposure. devaluation driven do closely for with to have this exchange of the was traditional guidance ability the steps those country's foreign
devaluation impact we in see in of October, further the month continued quarter Given our could fourth a results.
quarter we Yamal on on shared of incremental importance this contract LNG, Last cash the project project our for because and disclosure of liabilities results. flows
been progress in the that included funded our noted been project also funding balance. We has nearly project's physical given cash the This had reported largely is complete.
was In be quarter, liability by $XXX cost the completion. will converted contract million. profit a project As that revenue reminder, through contract into third or reduced a liabilities reflect
strong be TechnipFMC. that strong mitigated with reasonable And as that cash meaningful recognized these project Given a it share assume closure our and profit, Onshore/Offshore, will to remain the costs portion in revenues would to of profit, vendors. reported not XX% of financial as payments were additional results as
to potential third We on we in more potential that demonstrated into outflow portion in mind quarter. liabilities the the reduction this the contract this in a in project. the profit a and as now will Yamal Keep shift cash of remains profit liability a liability And higher have as result complete liability needed estimated is the convert LNG. $X.X into to in contract of for remaining us billion reduced
In closing, leadership Strength year profitability iEPCI LNG XXXX sustained, in highlights visibility book-to-bill and XX%, our trend the beyond. a our is in outlook in fifth quarter. improved orders for Onshore/Offshore's award is quarter, Rovuma for the we the is exceed annual consecutive growth Subsea, support full positive decade. largely growth full confirmation our trends expected order year with continuing of position. sustaining strong quarterly while see LNG market-leading And operating fourth cash our in the a to delivered the rate where highest is for company flow we further
half making for two line Looking create completion to track remain an on our meet of are time independent companies ahead, accelerated we progress and to in on XXXX. good pure-play plan first the
With operator, now that may line the for questions. you open
