review XXXX our Thanks, Bill, results. and Please and turn morning, quarter good everyone. X, financial to Slide third I'll
a revenue than from customer to in mix, product as million prior quarter customer of $XXX period X% offset increased which price result a increase Third decline X% more changes year in and versus a the X% volume.
from channels, in Service improved X% Home realization customer our renewed price quarter derived of the Home renewals Plans. Service due the at Looking period year and increased versus revenue Plan prior third to growth number
low of in this the by versus revenue driven year to home continued in due XX% estate the extremely decreased Home real the a Plans the inventory reflecting ongoing the challenges period, First levels market seller's across Service prior in U.S. channel presented by year number part decline
increased First realization year mix volume. offset with a price to lower and driven X% products, DTC growth by XX% shift X% period the versus partly year prior higher-priced by revenue improved
reported Third channel our in prior million services in quarter increased our home business. on-demand $X primarily revenue growth other driven by over period the ProConnect year
speak to Gross primarily claims reflecting margin was profit $XX moment. the period more XX%. a in profit driven declined third inflationary the year gross decline XX% I'll a cost pressures, million, our versus and quarter gross costs, in in The profit was contract by prior increase million $XXX to which
focus $XX million $XX the decrease, driven and impairment primarily goodwill the the assets technology Plan less impairment by shift restructuring. to SaaS focus technology Home $XX in third-party million quarter business selling decreased was goodwill driven and million a platform $X a and a into by platform. million third core income integrate intangible as intangibles The charge for BXB to Net further Service $XX and this million, in Streem's on profit gross to customers
significantly the And determined value. in analysis fair in its lower performed revenue flow that quarter preparing on Streem statements, discounted third with a amount the cash we based resulted This of connection carrying per unit financial our reporting Streem. exceeded projected
other developed of of of costs comprised certain of the to million quarter software severance the as $X $X quarter. SG&A expenses third severance and $X reduction were the completed restructuring were the million costs. we strategic impairment $X The charges and a workforce primarily part of third review million internally of related million in of our
quarter year year the period over net than prior decreased $XX $XX was or adjusted EBITDA prior to the $XX income third million in period. Adjusted lower million, and the million $XX million
period. Let's Starting the at $XX third decline more provide million the I'll adjusted favorable conversion versus prior EBITDA. the the to for table and the third top, X, we move year-over-year quarter of revenue on Slide quarter in in context had year
quarter claims year costs costs. the prior inflation the prior increased approximately cost contractor inflationary the in higher XX%, $XX the Contract drivers and related cost parts versus flat quarter per cost third basis and driven The and with on equipment by primarily pressures, million expenses second primary at including same. period, rate period a was of relatively the claim the year versus remain
million primarily in our lower ProConnect marketing driven insurance primarily quarter, home costs. reduced in year by services also the finally, driven costs G&A labor period, third decreased and increased $X costs versus in $X primarily period, prior versus third Service higher investment quarter the And costs. third personnel on-demand quarter in Sales by prior the the costs due business. million $X the year decreased and million to
look While challenging, still remains the we opportunities for improve for macroeconomic continue growth. while environment to investing margins to
work the margin on impact additional quarter. our price, top benefits to to we continue initiatives and the to cost taking reviewed improve is I claims inflation of mitigate last Beyond of the gross priority
to of all to the reviewing our efforts certain our increasing preferred contractors, and assigned count, service over benefits contractors nonpreferred estimates include total contractor management limit a These from our cost continuing of percent the increase efforts. maximize expanding supply recruiting dollar our jobs to
over basis. and also resulted reduce review X%, million. savings footprint a of to which by workforce our mentioned, note, annualized $XX comprehensive would our flow we -- of conducted on to SG&A spend cash $X I improve savings approximately third the Bill our all opportunities reduced an As in million found we expense quarter operating in by capitalized annual
from cash cash million $XXX Please by for was activities working operating $XX position. adjusted $XX XX, for review now comprised flow cash noncash charges, in used ended our X million earnings capital. offset turn the to a Slide in months cash Net XX which XXXX, provided for of for September of part and million
used expenditures plans. working in activities home to revenue for of the seasonality capital by decline million of used the cash months was September related service technology. on investments ended XX, year in for Cash $XX number investing X estate first Net real a XXXX, primarily impacts capital comprised driven primarily and was deferred the for and
year. for of for by Net was XX, half in driven activities cash the X financing $XX September $XX ended months million of first the primarily repurchases share the million XXXX, used
strategy in prioritize to shareholders. quarter, to our capital returning we continue While valued we repurchases cash repurchase remain didn't the committed third share our in to shares allocation and
However, the rest will the how additional performs of other share business like of repurchases, throughout U.S. this if the and any, public many companies, XXXX. our into on year environment macroeconomic amount and depend
XX, million with year $XX the property was provided $XXX $XXX September projecting with million cash Free from cash quarter cash XX, and XXXX. flow ended flow million. cash the cash calculated We for minus of totaling months net XXXX, and $XX assets in free unrestricted restricted net ended X totaling million third approximately for the $XX activities ended operating December additions, million we're as
with year XX. fourth quarter on the prepared for financial now remarks full current I'll my Slide our and outlook provided regarding the conclude thoughts XXXX,
in revenue million the low $XXX million revenue of expect pressures $XXX reflects and real prior channel We and is range and in $XX has to revenue the Streem. decline quarter within lower our a year quarter renewal expected impact to as be cost real increase versus the approximately DTC single-digit year decline to estate channel from both estate XX% range offset revenue, mid-single-digit million, EBITDA a between result more prior million, fourth than decline the lower period inflationary in revenue $X that the which channel a channel revenue. adjusted a ProConnect from a and an Fourth of of period
revenue single-digit low by XX% inventory. estate the in revenue last channels channel Turning year $X.XX growth both to billion projected market to within challenging historically decrease outlook from include and revenue driven our to upper raised We be of of is sellers' nearly and and the the extremely growth range in levels assumptions home real $X.XX full The DTC renewal billion. and a year. full quarter a
and On in X% a Service is higher business to core more lower consolidated from the basis, product volume. low-single which mostly our offset expected growth driven X% than price revenue mix, be growth digits, Plan Home now by
real overall increase by a Our in decrease X% to expected count and more as offset is by a customer in customers decline estate in in be XXXX approximately customers. XX% than X% a DTC renewal X% decline will customers
will to please have we historical trends, going note better update counts, in business appendix quarterly assist and an customer the webcast that In understanding our of the in forward. regard by counts to you and effort in deck channel customer provided
full investments reductions the million. back will ProConnect year to on-demand in $XX target the Additionally, revenue marketing lower in the of approximately half year starting
inflation, gross partly year be approximately the higher to profit pricing efforts. is high-cost continuation by full projected primarily driven by Our improvement process of XX% margin offset and
prior down expense per million. will projection to million XXXX that full year. be will million, number approximately This We're XX% and approximately a year inflation and a including approximately requests target service between basis of $XXX the assumes average stock of now compensation on member SG&A service in cost versus X% actual range $XXX request targeting $XX
guidance As Bill driven by $XX initiatives. primarily mentioned reduction execution our full decrease from earlier, SG&A our original million successful was year the of expense the
and these impairment The Based XXX full to $XXX and year EBITDA and projecting approximately annual million be XX%. between $XX by inputs, to $XXX updated capital finally, basis in we tax is previous on our estimate the and increase annual effective the we're rate rate between million from adjusted our tax primarily in the our full range year raised nondeductible awards. share-based million. be to million expenditures goodwill $XX And point effective August driven range
session. Bill? call back to Bill now comments Matt for question-and-answer opens before closing over that, the With the I'll turn
