Form Thanks, Commission. quarter filed the and XX-Q good its Today, ended Jim, the September Exchange the afternoon. Securities XX, for company and XXXX, with
prior $XXX $XXX million operational quarter related liabilities. recommend million million further results filing $X The year quarter, for GAAP the and third prior always, in compared EBITDA in of quarter quarter. now X-month of September and the million. XX, impact $XX quarter quarter favorable I read will you in U.S. changes ending third this fair reported of revenues exchange to we income respectively, XXXX and its share the of current for details $X Adjusting the million for the or expense value net a compared the of increase embedded of a On on XXXX derivative of in As million third in quarter and include full basis, XXXX, million, On year to loss of company Slide $XXX quarter. net of third to foreign of revenue cash prior we compared year XXXX. income the million reported million the I $XXX entirety. to period an $X $XX results, for flow increased year the by the X,
quarter $X third compensation to sale net include results workers million the assets. and reserves of to The loss income $X million on related noncash of a changes in related of XXXX also
The decrease the of and reserves. $X XXXX to $X of include of third noncash reserves, to debt changes results on quarter expense accounts million compensation of to workers extinguishment related receivable income in million a in million related related $X loss
prior Operational $X quarter EBITDA year the was reflecting $X a in quarter, million the these $X $X was items, XXXX a million to improvement a income $X of for in compared positive million. to the year quarter. current Excluding million of prior and for loss million quarter prior compared negative an
and reserves. in increases cuts in period and cost in January operational volume, $X exchange improved compensation year and key XXXX compared from XXXX, global workers' absorption the pay impacted EBITDA the favorable Excluding cost changes changes by from the EBITDA the in to quarter and favorably prior reserves prior in accounts areas that by furloughs the product by decreased manufacturing partially and year receivable compensation year largely impact year resulting in temporary savings in current was reserves foreign ended costs in in million growth compensation quarter, workers offset for and of prior workers ongoing changes Operational when quarter. from increases
the to actions address We current inflationary are pressures. taking
by Plates for SONORA volume our annuity XX%, our the quarter, PROSPER During by growth customer in customers, the for growth third Process-Free improved and volumes reflecting improved XX% with including base. revenue
breakthrough Jim Also, invest areas Kodak's ULTRASTREAM as to discussed, the that materials. solutions customer-first and advanced of future to Kodak's in product developing innovations model. reflecting commitment support growth continue newly announced We continued
We our promise offer continue to provide deliver of a that complete on solutions that print to pays. range
X. Slide to Turning
of reserves a of million $X sale debt, million, sale income assets value reserves, the results in compensation million in workers the the expense The million compensation respectively, XXXX, to million also loss outside impairment XXXX of year. a XXXX compared of include include prior the income changes an compared prior to embedded loss $X million increased of ending net in the of a of $X the gain impact related in expense the $X reported million million million. million reported year foreign for exchange of tax $XX of the U.S. in and current period year-to-date million, on compared result period, period of net a of results the Adjusting income related and assets liabilities. of deferred to $X in increase increase results net divertive of of a fair noncash related in We of for extinguishment the related to year-to-date we prior for September legal on valuation period on also increase by XXXX accounts related for noncash year-to-date trade period. of For year $XX $X $XXX name include million. an period changes to in XXXX $XXX X settlements, favorable as million the to a $XXX reserves the $X million year revenues The noncash receivable of the $X allowances loss million, $XXX to million $XXX and of to $X revenue or and income The the workers months XX, million of $XX year-to-date changes the $XXX expense of for to related million net impact income
year. prior prior items, in results for negative period, million million a $XX and million million the year-to-date income million a year period of improvement prior $XX are year of the $XX in period. was prior loss current XXXX for these compared to an $X of Excluding the net positive the year to compared $XX from a EBITDA Operational reflecting
periods the $XX the growth operational year-over-year. in was the XXXX by increase reserves cost EBITDA in XXXX cost increased period January ongoing areas favorably ended in furloughs impacted and impact changes compensation improved workers the million compensation Operational and year-to-date EBITDA prior of both from and global changes in by due accounts XXXX receivable costs favorable for reserves in in product reserves. temporary year-to-date and largely the to and of cuts of year from pay workers volume Excluding savings increases partially period increases in key sales absorption by in offset manufacturing in XXXX, that XXXX,
and are addition improved annuity improved and for growth address customer pressures chain current XX% to inflationary the by return to volumes Process-Free revenue taking in basis, PROSPER SONORA sales for year-to-date the Plates volume pre-COVID XX%, by On our actions in the a to levels supply base. We reflecting challenges.
in advanced invest ULTRASTREAM to continue We growth and areas future of materials.
of ended Moving in equivalents, on The an from cash cash third company with the XXXX. and million performance cash company increase quarter X. presented on December to Slide $XXX $XXX the million XX,
million including letter changes for announced plans current year provided $XX was used million increased with Cash the XX, an investing improvement in when the months provided by primarily operating pension of the payable the capital in These cash year cash period million, increase for by was in activities cash result and cash X expenses $X receivable year after net year of million earnings increase new period. March sales million. in end $XX Restricted used million XXXX. used from and change liabilities Cash outside $X $XX activities Included September accounts This million the of the $XX the million, manufacturing company to million. prior $XX used year and activities other by of the used December payments, by various financing of an million million current and in other a changes the was cash liabilities facility. from by accruals the XX, transactions $XX in in was X, volumes XXXX, $XXX working experiencing. Cash by in activities $XX driven U.S. operating representing in on prior in compared and cash ending Accounts $X capital required Current included and in flat period, XXXX. contributions to activities are at prior in decrease a increased $XX decreased million primarily million. cash driven decrease expected million. is of $XX working and of the balance Inventory activities changes the are used Cash operating million. in from sheet the For $XXX year period. liabilities. compared period credit increase was restructuring quarter by of $XX of collateral the was under incremental fees financing a financial million, of $XX in is
continue reduce to on opportunity an on will restrictions focus for liquidity company to invest we cash, for and We this alternatives upside growth. incremental view the to in as
I covenants. that now back will remain discloses applicable to with Form compliance we our XX-Q in Finally, turn financial the Jim. discussion
