the thanks and for morning, Good today. joining call
First in Florida we as that off, in of Maritime the business. as despite both business million third of to like believe our from to and portfolio fine-tuned and of and achievements Intelligence portfolio to operations facilities EBITDA X our our XXXX. an approximate Oceaneers absorbing sold the Gulf well $XX.X delivered the X quarter onshore the in many who being this our speaks thank Oceaneers our of I'd said, offshore our you Louisiana I large as of resiliency hurricanes and adjusted loss $X businesses.
That million of highlight some impacted Mexico
flow to did And our $XX.X to generated estimates. guidance EBITDA Subsea was mentioned, EBITDA, line repurchase. As healthy of with a XX%. which expand Robotics, million. We delivered continue we SSR, adjusted consensus we in $XX margins just yes, share I free cash million and in
consolidated fourth for of initial performance of and XXXX Now outlook the our our for business third our quarter focus my comments XXXX and XXXX, quarter full consolidated on and the outlook. segment I'll year
results. XXXX third our for quarter Now
quarter, per adjustments income third adjusted reported related of gains, $X.X on exchange in $XX.X tax with or discrete to of $X.XX $X.XX Adjusted the net associated impact included $XX.X results For $XXX,XXX gains per These was of million or adjustments. revenue effect $XXX,XXX on million. a we foreign exchange share foreign million income and tax the net $XXX share. million
Our as to on consolidated third XX% in XXXX up a revenue. quarter third X% XXXX increase operating compared income the was quarter
and Our third SSR were primarily to in improved due results Manufactured strong segments. quarter performance Products our
estimates. our adjusted XXXX, million quarter range quarter and third XXX,XXX report approximately consolidated consensus $XX we of the repurchased are million the during in cash pleased million free guidance of of We For that line to $XX XXXX. shares $XX.X for in EBITDA and generated with our third was flow
Our was $XXX ending cash balance million.
end quarter due to third XXXX. look for on X% as utilization of were XX% ROV and XX,XXX revenue performance $XX,XXX measures.
Average improved per days tooling in in improvements both improved our to higher activity ongoing and ROV ROV combined our use our third control utilized and respectively and from was XXXX.
The quarter XX% compared of year groups to the XX% drill third of and RV and last the XX% pricing our in XX% quarter the period cost XX% revenue contract. utilized in fleet and of the September, compared XX% to of the to day XX%, contracts fleet At XX% the business same period of as execution, during and third vessel-based SSR split also XXXX of let's survey to compared as support flat business income basis compared in XX% and survey same increase tooling XX%, segment XXXX. XX by market with contracted the third and rigs respectively, quarter XX% the EBITDA to revenue at of of of XXXX. operations as essentially compared XXX ROV of XX% and percentage XXX and income XX% third the was points had total margins SSR higher a on floating a floating we between operating was under of margin in expanding in the operating quarter Now as of our XXXX XXXX. businesses rig revenue, was quarter of
increase third increase on manufactured million intake during XX% September on $XXX in a third of income XXXX. was and of an to the our $XXX XXXX to XXXX, was quarter compared an backlog XX, the was quarter $XX.X the of million, increase quarter revenue. products operating of Order Turning million, XX% solid over
book-to-bill ratio Our for months. trailing the XX was X.XX
operating prior quarter ADTech, with due of repair IMR quarter compared XXXX OPG as Technologies quarter improved as Group, income was third divestiture XXXX year third essentially quarter the of prior income in XX% in quarter income in million and crane costs the third the associated operating the the work same with services mix, third income were declines and to increased for increase anticipated to downtime.
Integrity operating The core expenses both more the repair, the decreased associated year. proposal margin which same or September the revenue, of Notwithstanding businesses the associated XXXX, costs to to revenue changes of as charge, our and of onetime as noncash declined of period vessel Offshore line Unallocated compared with IMBS revenue. compared Management to Projects well XXXX. operating our and an and IMDS, Solutions, and Maritime operating lower as the quarter vessel flat and or due the XXXX. to while margin project quarter than Digital quarter Intelligence year of third to same XXXX guidance decline operating last in $XX.X in onetime in declined XXXX was lower-margin inspection, on and XXXX as The in quarter Defense due charge third mix. income income in results operating maintenance and the on quarter or than or the was margins Our in changes project were this in in focused third the XXXX.
Aerospace division project compared
fourth as Now expect for quarter fourth in I'll products led the quarter the a compared to our we of similar that and address to revenue of the increase our XXXX achieved to manufactured of third adjusted third OPG basis, quarter quarter outlook EBITDA by in increases XXXX. XXXX. On consolidated with XXXX
our are fourth quarter for operating lower we revenue segment SSR, slightly are, expectations projecting Our profitability. and operations XXXX by
ROV support mid-XX% be activities, which and a offset partially in ROV fourth will As drill compared to we utilization days utilized to range. the range. upper the anticipate by third vessel an forecast the in remain XX% quarter is in quarter XXXX, EBITDA in forecast to SSR activities.
Overall, we adjusted margin fleet expected support decline be is increase
to in we of expected manufactured, those the to our significantly schedules increase lower income plant absorption than lower income Operating due at counterbalance holiday margin energy forklifts. MaxMovers to to achieved be anticipate related are due our businesses. margins revenue MaxMovers For to down deliveries and currently delivery of operating and
in I and significantly the income mix on include project higher installation operating of in quarter LPG, intervention operating West repairs. more add, to the services previously and with underwent we revenue results, an service based and anticipate completed that multiple return For margin mentioned the is to This low commencing improved forecast vessel will fourth projects and used the Africa in XX% range. crane with the
revenue. expect lower profitability following division, Intelligence to improve the divestiture on we IMDS, For operating of the Maritime
percentage we ADTech, income the expected schedules and lower be low based in teens expect $XX For significantly range on operating revenue quarter operating lower is expenses income to the and This awards million unallocated the delays of in range. with outlook in of and timing XXXX. for fourth the margin are project
million expect the adjusted year as For reported million. revised of we generate within $XXX yesterday, the full $XXX range XXXX, to of to EBITDA
free for million flow the Our year $XXX of million. to unchanged the remains in $XXX cash range guidance
thoughts you like forward, outlook. to Oceaneering's provide XXXX with I'd our initial on looking Now
million our for are $XXX the million announced initiating XX% adjusted As million. increase at guidance EBITDA range of revised over a would of XXXX. $XXX midpoint This of midpoint yesterday, the we to represent in guidance EBITDA the $XXX XXXX
in increased missed, ADTech. be across all revenue gains our this led income improved operating by confident not segments, deliver ability are operating to of notable based to and We and on XXXX improvement in SSR products our manufactured
For pricing project continued in improved similar but SSR, momentum and we tooling. ROV and on levels in revenue utilization ROV, from and and expansion survey margin gains improved performance efficiency further
and throughput products increased manufactured better forecast performance higher-margin we products, businesses. conversion nonenergy our of products manufactured in backlog For and
we increased installation docks. For higher-margin and projects and major dry intervention no expect activity, OPG, vessel international
sale mentioned and terms higher IMBS of to a business. income loss Intelligence associated expected be Maritime commercial operating the For significantly with previously due is not incurring the to improved
to operating For low growth margins. mid-teens in ADTech, income revenue we significant forecast and on
in based unallocated are level highest year-over-year, outlook year-over-year flow and our other a to projecting XXXX. Our generating XXXX revised And to XXXX, increases stronger also other that growth XXXX and program exceed free that new schedules on performance XXXX maintain in quarter. on based pricing expenses we implementation will costs.
This than our capital new higher to due platforms our of we quarter that awards. like is expectations and XXXX. million a technology ROV on our we improvements be various to planned ERP the is that ERP and per information in with highlight are of modestly significantly in underpins will and expectation generated cash of In $XX program as of This expect robotics $XX we range focus XXXX, expected to throughout achieved increase margin in expenditures first the million commencement modestly new opportunities returns.
I'd
in commenced in absence of first vessel dry Our OPG XXXX availability will the lower with and the and quarter significantly in of improved will XXXX, continue OPG improve dry XXXX. of work dock the yielding dock fourth costs results quarter
future. for the provide we guidance on process.
In in our believe specific more customers' during will our reporting are year-end the expectations positioned needs XXXX we deliver to foreseeable well summary, We
by grow businesses, capabilities now possible share we'll which the Oceaneering, Oceaneers happy are new all in our to around any We We made continue and questions we of may maintain our to be our of the interest robotics in market talented and entering relentless by are everyone's core you and efforts continued markets have. appreciate answer leveraging globe.