Edward A. Pesicka
the we I'll delivered the call my you, thanks that great a Good joining is strong expected Starting a result earnings in prepared first our in remarks. carry with Alex. This areas today. from XXXX quarter us on record previously XXXX everyone of afternoon afternoon, the three performance review for discussed and call. Thank the we QX and execution as this of XXXX. momentum our
model our pleased how focus strong Minor another strong on to long-term differentiated another disciplined Owens continued & And operational execution deliver finally, to investing quarter. report led I profitable XXXX, with Starting Secondly, very am and the quarter. to QX growth.
our segment. As expected. we we of record from momentum saw the segments as and our products patient and direct start both up services XXXX the year, Revenue carry had the largely setting healthcare was in into year-over-year the
However, performance over it well ahead should two be noted the by at led of that segment in Byram driven growth, strongest Byram's again, growth our Once patient market. years. direct is its XX% way
we this 'XX that faced our business moving going sequentially Now year-over-year profit, in of year-over-year knew operational of But model, we to into to quarter from our to us operating unprecedented margin expansion points over combined operating XX growth with unique deliver QX basis enabled our QX comps. of XXXX. revenue, on execution,
quarter, first we over XX% adjusted QX which nearly ahead EBITDA, delivered was XXXX. adjusted the than at million looking of in $XXX Now EBITDA of higher
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our humble of empower Owens business both our continuous right is then on blueprint our growth. starts healthcare our with reminder, guiding for focused long & to advance and customers As This investments improvement a Minor mission our values. along principles is and to our making based ideal with that system to the combined term that our of provide on profitable the with is investment disciplined culture strategy
and the first the welcome long-term also largest marked Owens of revenue the & it And to an growth with to and in and of team our the Apria perfectly The company's home in direct-to-patient and diversify of Apria, It excited strategy customer acquisition quarter strengthens Minor. our of our acquisition growth. important our part to XXXX deliver disciplined This acquisition to profitable history. is the with fits milestone offering market. higher investment EBITDA, our process, position completion the we're expand
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from company a proprietary manufacturers. majority of products the our sources that not are We
significant provide the all an of you from process me start the control illustrative manufacturing with of Let our to way finished. example
production transferred polypropylene gowns, facilities which shipped North of non-woven, surgical benefit and as Carolina, here, finished S&IP continuity provides delivery takeaway out NXX, products. all China. the our then control, with fabric For our are converted and this completed fabric distribution facility cost in this of North flexibility. spunbound this fabric is products. from goods customers The products gowns, then products in into wrap, to shorter centralized surgical isolation then as this Conversion masks, Texas. a These our to the than well route demonstrated This primarily use example, us for our much to and in that due of quarter, drapes, other I'll S&IP It model starts is Carolina and supplied with Texas, of fabric-based centers, is in Mexico, is Honduras. increased supply, existing as potential
and balance then best channel some are distribution and to Next, provides on between flexibility partnered with the touch, supplier is partners. our technology our that based manufacturing of products the moves right
optimization finally, We scalable scale not have data such Inline and but customers. the And us broad-based service business to invested this as into Patient productivity from quarter. serve takeaway best with to finishes voice for ability our on-time Owens service in route distribution & needed. the flexible train the has that levels in nationwide efficiencies pick, and Direct to and combined and Minor improves patient enabled XX% shipping technology demonstrated the does to value and business with and our The we us delivering technology our system technology, to throughout us for analytics invested here technology, provide customers, as serve be pick, to The while our is that our in have accuracy enabled system, as predictive that delivery chain analytics, our hospital our deployment home. plus productivity, has impact of
U.S. insured And expansion platform opportunity in and access with growth. market. quarter Direct acquisition approximately in for revenue overlapping growth well-positioned treatment product this the Our expansion serve the product geographic the market revenue to in The expands in a is patients our through the customers expanded direct of strength Apria complementary bundling. Patient demonstrated creates patient payer drive fastest-growing inpatient this serve home. this XX% generates one Direct-to-patient conditions cross-selling that for our to acquisition market recent portfolio This acquisition finally, with categories. enhances expands It was in the And reach broad our takeaway and to healthcare, here of our opportunities It to position with spaces of healthcare increased XX% ability in this with relationships. the provides of
serving product In respiratory, of profitable me diabetes, growth. apnea, addition, acquisition which and broadens item, the some home obstructive leads fastest-growing portfolio categories like sleep this to long-term our the last
start direct our billion market XX% revenue. me segment. over a multiple secular fragmented, patient recurring let with with with segment a It's is highly growing fast, This So that $XX tailwinds. is
the improve new such our strong such existing as where the and investment our XXXX, our network obesity, both XX% our clean quarter, has at markets products basis. markets winning products into annual and multiples compounded to increased as adoption we revenue offerings with to with aging Byram of in in the I with demographics, growth existing as as product market expansion, Patient and on have double-digit Related in portfolio continue distribution grew In continue healthcare the such expect this recording we segment, room diversification gloves. for market And gloves, a health. retail, into to our in as new of population, grown this services since Direct really of growth. consistently it's surgical ability to the to been market home And strong chemo expectation rates, to and the facilities serve has expand mentioned expect new continue and continue customers. we as with technology such over at business growth addition, teams apparel increased high strong new to our earlier, supports Along we to markets advance adjacent organic products offering, And which future. our increased into new
I our do else, we macroeconomic Like But let Next, revised with. landscape. the are also guidance. I macroeconomic the we currently will conditions dealing have address concerns before about everyone me cover that,
our has about mitigate over cost remain several we have inflation to cautious excited interest to bullishness guided abundantly the pressure. I we a can to past around inflation you record taken is steps quarters uncertainty us What offset significant the as remain and of amount the we our related the have point track rates While year. the how to on and future,
the will we benefits. run to may take certainly business, continue We more some effectively to But recognize going continue we level. to is inflationary and control intend levers to high at reduce that to for how we can a forward. pressures growing What we time look execute show
to coming consistent the year with me of internal expected of adjusted move With guidance XXXX. onto XXXX. of for guidance let in start the from range $X.XX remainder our to we Now, later. year, $X.XX expectations Apria Andy a are full revising more detail for QX will the to the the EPS and of strong the year our for accretion provide
accomplishment fantastic a I'm companies about. Lastly, anniversary, few marked January Minor excited Owens & can that boast XXXth
We have a our proud legacy on and our our teammates, communities. customers, of focusing
I forward think past teammates the current look all ahead. to many and years and their dedication, for successful
the turn our me to Andy, business Owens to continue I that call system saying model business will let by conclude we & Before over another and use deliver Minor to the differentiated impact goals, first-quarter year, long-term our on Andy With track it and of to turn discussion achieve financial minimize results. I remain Andy. over strong our will to the inflation. that, for of
