you us today. thank joining everyone, for you, and Welcome, Thank Nathan.
benefit reporting optimization the improved is revenue, by XXXX. bidding our adjusted which experienced profitable pricing sales began help quarter price These results quarter the in strategies led word segment long-term Each is consolidated competitive We historic a for drive quarterly to year, average profitability and exactly continue describe our right all-time I implement growth. operations which aggregates. year-over-year product of significant EBITDA net targeted records all third the The discussed historically saw and price our initiatives, to as Based strongest quarter to we reached from our we early XX.X% across to year last EBITDA. increase strategies and and quarter, for income, third of edge this part improvement, are plan, lines. on each
from of Combined, initiatives, results. market benefited model vertically record edge results integrated Energy our all effects dynamics the also strong helped Services at drive other. our and within strong business We our our business our
We will today's areas as update presentation. these each a provide more detailed part of of on
period For the reported quarter, of in increase $X.X we a same from billion, revenue XX% the XXXX.
third million, increase a was quarter $XXX was which XX% year-over-year. EBITDA Our
our driven year-over-year. While key a by were catalysts. $XXX few adjusted These increase EBITDA was record XX% a results million,
committed operational for First, efforts and to I and began our implementation employees fully complete setting our our improvements. of full-scale successful edge key enough them for groundwork thank edge of can't plan initiatives. their support the the
point from federal, where finally, improve by the tailwinds benefit to continue markets and infrastructure funding the public for to state work basis coupled in XXX the as operating our crews operate of with form resulted in expansion we local Second, in lines, projects. plan And margin pit pricing expansion in segment margin our every in aggregate. product notably improvement most has significant well all efficiencies, optimization strategic as a
Based results which and during EBITDA, Nathan guidance will exceptional adjusted are our for remarks. EBITDA his revenue, we on raising the narrowing and highlight year-to-date,
like I'd Moving to our Slide X. to recap business model. quickly
on model peers. contracting This materials traded our X, of integration our June proven competitors industry, years resiliency us cycles market construction contributes and invested is with publicly services materials in company many and to across has River return of as vertical of of XXXX. the mix XX created differentiates over and capital. contracting from industry-leading established independent we became company believe our We an Knife While construction an and
of tons aggregates a XX States United top permitted producer with billion the X.X are reserves. in We
we and also Our certain major asphalt, downstream asphalt supplied ready-mix and cement markets. in liquid products include and
we we where operate. contracting XX Additionally, services states the across of performed XX
we over tailwinds products continue from and and for local to federal, we state midsized services strong by our see in is demand infrastructure generally our markets operations, that funding. supported look further As our high-growth,
a key moving line. is on at business to point that to believe before culture. strategy last impact mention discuss The core direct on our I'll has first Knife life our our commitment people putting We our bottom to a By training with employees safely of talented and engagement a we place longer results focusing being tenure on great lower our for work, providing strong to our deliver and and team dedicated turnover, have shareholders. ongoing group
profitable is and growth. Knife for River's Turning framework edge to X. sustainable Slide Competitive
we stand last improvement, discipline, and Day, growth excellence. and margin our at Investor As the EDGE letters quarter highlighted for EBITDA
areas. provide me these some on our in initiatives quarter updates Let from third the
EBITDA First, continued improvements the align This to aggregates, product our value resulted our delivering with price efforts lines we are we pricing asphalt. better double-digit on across and core of margins, to customers. our our ready-mix in
contracting Our with on targeting at contributed and in our efficiencies to services strategy EBITDA. and our combined cost year-over-year focusing greatly our for XX% pricing on controls higher-margin work operations increase materials, adjusted
XX.X% Our compared is X adjusted to margin trailing ago. EBITDA year XX.X%, XX-month
continues EBITDA of margins. on XX% be to reaching focused team adjusted laser Our our goal longer-term
financial sheet. Second, to we quarter with for while We capacity continued further Nathan exited will strong quarter, flow champion the which significantly reducing his on financial in generating leverage during review. our ample the highlight and discipline cash growth, balance third
inorganic. continue to we and growth, both prioritize organic Third,
Our to team line. aggregates an our our is with and a adjacent on in number grow footprint opportunities at current strategic our business product emphasis markets with development looking business of
opportunities, new in late Creek and we our production Texas quarter. in Washington organic brought premet full began second third quarter, Honey the manufacturing state-of-the-art the facility quarry in Regarding online our in
Knife efforts rates Training are efforts efforts. outreach and forward. in First, to everything the organic we in to River And maintaining efforts What fourth, on focused retention measurable positively number will our excellence We of our are these is performance, at do, with both Life our including ways, results Culture. today safety training a highlight These contribute starting Knife expect we our I at going Center. People of and recruiting
As River a have team of test, training by above provided XX% drivers from in is this courses, is success has instructors rate including XX, CDL center courses XX commercial rate. significantly training national the which X our passing the third-party CDL administered their year. Students passing September and Knife
in do on continue We goal everywhere with focus will all of the excellence operate. we to becoming best-in-class we
each geographically growth saw record the in in Our footprint solid diverse revenue broad-based quarter with segment.
this were and record As Services. and stronger regions Mountain results is typical, led others, the by markets Energy by in than activity some well were as as Pacific in we quarter
have EDGE toward While we are in we plan, been with the results goals. the of implementing the our progress pleased days our early and
company-wide for of for EDGE our continued financial call our support the the will implementation reportable performance. further before turning we recap believe Nathan I'll on additional pricing strength the rollout term. strategies the forward, over and to segments results our long and quickly detail quarterly Going profitable growth for
region, earlier Hawaii work gross We by catching increased related in increases Contracting led all increased California revenue, in to Northern and in Services and Turning been that price this volume to contributed revenue saw activity segment, the across growth the year. the delayed up weather profit had on to Pacific increased wet largely by California. in EBITDA. product lines XX%,
also quarter-over-quarter Alaska. are a gains this segment, we in submit and saw In we distributor, good
record who supplier all-time for to year-over-year to working $XX are this million quarterly segment. large contractors a We $XX near project million, dam on Fairbanks. an improved are a EBITDA
Northwest Moving to the region.
DOT product Oregon more increased at Services pricing, Contracting preceding somewhat $XX activity. offset from as million last an $X all-time improved benefited impact quarterly the backlog moderated We also years is a million, which million which for year. of record XX% $XXX Oregon, quarter. volumes volume record year-over-year strong record an from we in than declines of project Southern of year-over-year principally in from secured EBITDA to and
presses our Northwest, returns facility we ] positions new this in improves commissioned increases earlier, capacity. presses Washington new mentioned for efficiencies enjoyed it Spokane, growth [ the our manufacturing have quarter. business I in the from our greater as facility strong and Historically, state-of-the-art and us As during we ] [
growth ahead and had across by services, and region, in Next commercial is exceptional XXXX. Mountain volume lines product an all our strong record quarter activity. contracting agency public our We year which remained and saw residential, of led
Mountain improved all-time million quarterly continue an for continues year-over-year in we higher areas to advantage primarily to of our all product and and lines The a to see gross driven strong target continue future We strong of improved fastest-growing these on we one North execution improvement the growth EBITDA margin the than Revenue more to EBITDA backlog. XX% declines. well EDGE all-time growth. record we the we region bid. year-over-year increases take volume be building record of price opportunities Central strategy of the States, year-over-year. improved price led million. bidding significant on are $XX to and selective in Implementation and by markets, project business an margin contracting a region, XX% more across were positioned United year-over-year to offset across projects increases increase $XX has to million, $XX the solid for of In as
Additionally, infrastructure see a bid that the state continues projects. of funding roads, allocate for money to package region lettings. billion airport transit passed Minnesota strong the $X.X Collectively, will and
Services Energy business, our region includes other all Corporate South Services. Finally, our and
Energy take high led to with a Energy is business improved and market component asphalt along Services agent Service I'd small is to supplies million from profitability. business, highlight XXXX. our a asphalt model. primary to a strong relative year-over-year pricing our revenue to Even both vertically benefited quarter success use which $XX and and to business revenues has our business volumes this This favorable Therefore, reporting is though integrated in like which produce valued The season, Energy made to Third the of historically binding million. $XXX mix. Services to our larger-than-normal contribution opportunity bidding aggregates segments, liquid which higher
customers. products We liquid of value requirements quality meet we to in have specification where asphalt also our order end manufacture terminals store and the added
in This expecting we Services believe solid continue to average, are remain a profitable performer a it so stable business since the we been and while And this above in we we XXXX. to than far purchased have results Results been experiencing results EBITDA to year. trend be year. but Energy exceptional will contributor lower this has XXXX, are
will be Services And they while of for their are the As this between next now Energy majority environment year. spring. the work strong season, forward carrying for shipping the and XXXX mentioned was bidding contracts earlier,
We will discuss early our when guidance. again Nathan guidance improved we for have next will we highlight year. when this updated visibility XXXX provide
and is also South other, region regions services Market results included along contracting improvement The quarry and for and our of margins remained with in $XX South operational improvement quarter. asphalt benefited EBITDA energy in contributed all Our the the quarter third business to attractive. fully conditions from in materials strength Creek improved services Honey a million.
announced during including state-wide record $XXX Texas of its a plan. $XXX in State XX-year investment the third transportation the infrastructure construction quarter ahead, Looking a billion billion roadway
and to being to on my We conclude To come. in I'd our South appreciation for my the anticipate underscore to this quarters our years delivering plan our beneficial team EDGE remarks, to like region goal goals, long-term our Maintaining EBITDA commitment capital including reset progress on of to operations. becoming and industry-leading our our XX% toward return of invested adjusted continued markets and #X our EDGE our in margins.
team, blueprint highly positioned and at call experienced take results. very the a healthy financial our will we in profitable turn look have a detailed to We tailwinds for to are Nathan funding well industry. over advantage growth, I a Nathan? for now of a
