margins model and EBITDA you and joining Officer, management Browers.
Coming Cadre and demonstrated in and the joined thank driving has adjusted team achieving is Blaine XXXX, team's of XXXX. the off by the very am discuss Brad be third our quarter. implementation in focus of quarter for of for Financial these afternoon, Cadre's of proud adjusted results execution to results. I to the earnings second operating Brad, EBITDA today and President, the record consecutive for third quarter our our our Good Chief results Williams; call the of Blaine I continue
growth by operating quarter, processes creates rate. operating and using natural improvements profitability As I business this above execution our said superior last to produce tools leverage
for rolling the as into themselves. gaining continued speak Blaine portfolio, later, results the more detail but we do.
Brad our entire we across go model momentum and here have out and We are will
XX%, adjusted For the grew We XX.X%, the per XXX%. of quarterly record $XX.X record gross third revenues diluted and XX.X% margins million, income EBITDA adjusted net increased were up profit increased EBITDA quarter quarter, while for share XX.X%. of fully achieved EBITDA adjusted
the quarter. We shareholders. Looking up able lenses at the are X.X%, as XX.X% underscores team gross results Revenues X-month a deliver XX.X%, of adjusted up have single outside profit been of a performance XX.X% and to margin how we for EBITDA year-to-date XX%. from up the our exceptionally proud EBITDA up to adjusted
macros to would moving the Before business. our comment on I M&A, again driving like to
environment the not have of Domestically, to geopolitical an We rise. level countries worse abated appreciable is most the if any the to seem at are conditions get the all. on degree, by danger-facing first of levels where conflict in day, internal and inside responders
the life-saving provide who keep the to work equipment role mission-critical, Our professionals safe. to us is world around to
We but for have that world, of going substantial are and the anywhere distribution demand products we sign our driving the and manufacturing part no secular trends up. capabilities to the cover see a
and experienced we As reacted our increasing business capacity grown, accordingly. requirements have has have
testament the and and to trust in our of strength ongoing the end said products, and dedicated distribution in brands, a impacted in not It suppliers, businesses clear, our East employees, other and our and this our ability Our way. execution conflicts material superior deliveries the partners customers our Middle the management that, equipment.
Having be any our and to users Cadre's to have place is speaks Ukraine to do of quality also team the stakeholders. many
most number larger our our role we through of previously, as mentioned offerings. these play products, have notably may there abate, events we for do Cadre to expect, eventually be various opportunity a through As an EOD a
with $XX letter our its on revenues, that of months. the excess business in The a report we a year most excess of ended approximately to achieved summer of that during a I margins with in for and weeks signed we business XX%. with fiscal ago of discussions pleased of update am gross in been have XX% X million M&A program. an recent intent Lastly, EBITDA number approximately margins in
While work our that we due deal. and cannot have and be a in due believe confidentiality broadly, this more as continue targeted more we obligations, soon.
More we is to the about is we a M&A speak are tuck-in business specific pipeline, underway, to hard type a for on traction. to we hope more category to Confirmatory get we priority starting diligence
very were They XXXX. predicting or of mid-XXXX worse.
In only That south aware, last net the and happen, debt debt markets net Xx would conditions this in substantial company, generating credit EBITDA the not standing at quarter. than cash all while credit weak. are approach context in less improve of the have time the started we our second quarters with have free and, markets sheet, patient gotten did going you the in first remain bankers at to and balance As year, end to been M&A disciplined to deliver and our our of the adjusted fortify flow
to types, to anemic credit have founders, adjusting such have persisted valuations including to realities. weak financial a these an engage M&A As reflect for signs and not improving, are of and long market sell, in sellers and many decided sponsors of shown discussions time conditions different and
and letter actionable of to position us on more addition capitalize and opportunities intent themselves. these they sheet as balance current well, opportunities, we the have executed, we financial seeing performance present our In are
approach way commitments I for the conclusion, our Lastly, contact our we on over for this for which the indicated and months quarter we delivered the X have have our them the results constant of proud of they years.
In to in are banks, am with first in year. our and support their given
earnings as into are on based and the remainder be guidance We performance to our for focus. of year to year the increase happy our able the again comes
As I businesses have are said resilient. before, our
with setting for things that, XXXX.
With over we you. excited we for results, you us to I will Our thank think and call over today, are Brad, to this being the out how play Brad. and will how operating up model are with turn year is and showing
