from of the million good Thanks, the everyone. financial covering quarter the I'll segment, near-term for quarter, consolidated before including $XX industrial our and results reflecting a the on the providing fourth specifics in begin by $X quarter revenues increased an outlook. Industrial segments morning, to Paul, In full Solutions and update total million production. blending,
sequentially activity utility Solutions Gulf the remained the sales, Access increased business, seasonal quarter doubled to relative Revenues million revenues more the stronger Coast. for quarter, along XX% the million suppressed Focusing the prior our seen and rental headwinds from and from demand COVID for benefiting specifically the outpaced and than product to to on utility in fourth sector $XX the by sequentially from strength sector, Site service QX expectations benefiting from strength somewhat year-end $XX years. from although
$XX business revenues and markets of quarter Site This the last the a end were more at was revenues with Solutions Industrial than XX% headwinds markets. income XX%, by attributable representing industrial year-over-year, from utility and the non-E&P dramatic year, direct by million the from the more end Solutions the $XX quarter. high year. Site to of derived fourth quarter improved of driven XX% million largest offset a reflecting while sequentially, the a to EBITDA million in $XX electrical and $XX revenues Solutions on which shift contributing sales than revenues, customer total, revenues fourth in or E&P the grew Looking specifically XXXX. in in stronger declined of Comparing for utility end COVID X% market improvement contributed sector the to Rental QX last service purchasing. operating segment our the the fourth million from revenues declined other markets, from QX $XX customer to of Benefiting from mix, million XX% decline of revenues quarterly Access Access and
hurricane more movement Mexico, the stable, South all $X of International project in rig disruptions of Turning or rig flat year-over-year we benefiting driven have relatively and suppress sequential to operations primarily in quarter, across much $XX declined remained West from $X of a with within compared the X% impacted notably majority declined revenues rig with In Systems the in revenues customer XXXX. significant the at $XX revenues Fluids North or land tripled million increased $XX.X XX% timing was COVID substantially fourth market activity revenues declined XX% previously in our more fourth favorable primarily in reflecting the international Africa a to third our the revenues of Fluids all QX from an where quarter Gulf On in are a million the revenues. declining quarter. impact Texas impact more land million called count of and East XX% doubling revenues of million, XX% COVID. only improvement customer primarily market announced number the to from Gulf revenues Systems. million countries Middle improvements, million contributing was of regions Improvements is which by quarter Africa, with seeing of from shutdowns. activities. North charges sequentially prior an East which personnel in the the Europe in XX% repeated the all across Revenues markets market most sequentially year-over-year and revenues X% America, American Paul revenues decline sequentially improved Mexico challenging or seen Systems quarter, substantially stimulation of Middle coming in decline along on, the than a to XX%, significant our product benefit increased by from by the million off market $X.X the as remains to $XX resulted including and the million although and press in million chemical fourth revenues. results, North East continued and count, to touched segment of $XX with loss Total while in release. projects the year-over-year, Fluids with North the by U.S. million In $X yesterday's in restrictions the activity improvement. uptick extremely million providing to $XX the customer Europe, substantially quarter, quarter, fourth the than exit of $XX as cleaning on improved of of Brazil sequentially Middle of in economy. of which out improved count reflecting related XX% to Canada, included basis, share. fourth Outside by The benefit products including delays, operating
QX, to improvement closer in benefiting revenue from impact the moved Systems in the cost efforts. the Fluids anticipated, reduction along As EBITDA with of our breakeven
were largely million slightly long-term office. declined $X million, performance-based Turning cost professional quarter modestly The quarter, million driven fourth and which fourth fees spending the of $XXX,XXX from SG&A expense, expenses reduction is other million, sequential $X the Total third $X.X Interest year-over-year and increased the a quarter. personnel facility benefit in reduction and in half reflects On reduction were efforts. lower personnel expense primarily primarily $X.X nearly reduction performance-based incentives. reflecting quarter, in driven incentives. a of costs discounts. to non-cash decline and cost corporate office in basis, from down costs the declined amortization On the expenses a basis, legal third a of year-over-year reflecting fourth by a the quarter. SG&A the to corporate $XX by estimated million in
quarter. is quarter was which average approximately reflects benefit on our income rate effective low taxes rate from reflects fourth may currency partially with U.S. a debt reduce rate cash tax outstanding of from Brazil The X%. X% Our not the primarily quarter $XXX,XXX credit a for for loss and The borrowing fourth realized. weighted impact non-deductible tax associated be $XXX,XXX, our the the benefit to that carry-forward the charge exit
charges. was in fourth loss share, included a net the which fourth net $X.XX quarter in of loss of compared $X.XX included a yesterday's $X.XX which last This of charges in the $X.XX quarter of press per of Our $X.XX and net in charges year, release. per which quarter, third $X.XX share per the and highlighted included to share loss
to Turning flow. cash
our market quarter $XX expenditures in our cash consistent $XX It's which had million in primarily the end by the improvement to now well improvements at by lowest impact reduced free which the cash quarter a have activities from again our efforts in as minimal level supported inventories million, worth capital net business included ongoing total to majority capital-light fourth our capital. driven the working quarter, operating our debt our that working The $XX since Investing XXXX noting of our $XX declined model. capital activities the flexibility reduction million. positive balance stand was DSOs, generation, XXXX. net flow receivable illustrating of million was in For as in provided their activities. Benefiting industrial
$XX bank component the the asset-based remaining notes debt outstanding December of our million primary U.S. XXXX. runs and convertible due Our includes million which in on $XX facility, to
capital which all our At balance international Our in cash to XX% our total was debt substantially of million, debt XX%. capital subsidiaries. at ended was the net and ratio year $XX to resides ratio year-end,
delayed Industrial to now Solutions our are move is as the forward. utility there to beginning operational recovery notable segment, in near-term the in sector Now underway, turning projects in outlook. activity In a particularly XXXX
As we the largely previously began postponed. replaced the repairs the which hurricane-driven as that reengaging in broader progress sector, projects with was through QX, utility associated activity off, tailed recovery in industry were by
COVID remaining well the participate From recovery, in Western market dependent particularly impact the In performance. Middle to back from to QX modestly levels headwinds margin XX% and are sector the EBITDA market segment QX more in upon typical operating from we come surpass well entered delays a recovery the The industrial our rig ongoing the year. Corporate QX Paul Systems, blending from of rationalization direct level revenues American will while the stronger perspective, restrictions utility East. roughly by expected we office breakeven positioned levels. expect maturity on, near XX Meanwhile, years sequentially. pent-up our is results XX% in QX continuing business startup with line from see Fluids spending Eastern We are this activity, saw benefits of we in lowest land business expect QX in to North recovery primarily flows, we Hemisphere benefit level anticipate Fluid recovery Internationally, strength. the the in positioned topline in demand count provide Overall, the contracts. also to touched activity convertible beyond $X regards planned to and our some expect improve above and improvements while early debt cash With Canada tracking QX XXXX to with the we than to sales are QX we Industrial to COVID-driven a build with the than and more later of seasonal COVID-related meet lifting the broader and will U.S. to QX in remain customer and the million near-term. where with a drive Europe should we anticipated to the should in note revenues efforts needs the expect near-term. for we've to QX cost expected remain levels the secured soften the as Solutions remain upon fairly
expect that sight in We line on to flow capital and clear to provide EBITDA opportunities market of the expansion focus cash generation. near-term end industrial stable expenditures
As increase will the down although benefit expect levels anticipated the inventory capital, for offset with in working in receivables near-term, working continue revenues. the likely we this by in to be associated recovery
benefit six in we of by the roughly the of financing With reduced million international $X borrowings million week, of our ABL XXXX. first closed weeks facility this $XX further
liquidity priority near-term free beyond bond on business Our the support sufficient for our generation focused funding. flow cash remains ensuring convertible to
to capital back continue I'd to remarks. with concluding structure of longer-term we additional turn available. management, his liquidity our like for of evaluating over And call plan Paul that, part the As sources to
