for on thanks And everyone. Halloween joining Happy third quarter call. our Mike. us Thanks,
read about was you’ve was I’d quarters today then you think, when of I question quarter history. in everything right third the we could quarters go to tricks. talk treats our and say best one of If release, have you the the one plenty went right without press and some. agreed those that It
businesses. driven growth digit business, Our by Processing double a performance of our as execution as results primarily combination and excellent internal by newly acquired well our existing outstanding were from Wood
for the quarter was with or QX sales. financial GAAP diluted per EBITDA records up for Let quarter. up number record I of and XX% the was record record up a me a a start income of a operating XX% record Adjusted XX%. was fact, revenue of which quarter. think, highlights record XX% a earnings revenue, also share had XX%. up record was Adjusted $XX in XX%, were of million, the record or Kadant was a record. we Bookings in a was
also a was $X.XX adjusted Our record costs, excludes acquisition XX%. which per up share, related earnings
As expected the during impact capital due our was at purchase our of quarter. average below and of revenues high gross XX% historical margins percentage the to accounting the
his we from rate remarks. level $XXX the due accounting was run operations debt gross and the quarter high this during purchase during Cash was end shipments the the typical to capital quarter. the will in provide or margin XX%. incurred details million. also Excluding our quarter Net flow at of expenses $X expenses of below on the of was Mike million acquisition
and to adjusted revenues, share. acquisitions bookings X a contribution our can made you As Slide per see earnings on strong
dollar on our In foreign weaker favorable modest, a the the translation. had addition, impact currency impact from
Wood third growth Processing the for of role story the and operating of our well. existing from excellent part big played our big acquisition, as businesses was internal a contributions a While quarter performance the
nearly up and QX bookings last million while revenue our parts million. was trended report revenue I'm was compared $XXX nice bookings bookings also bookings. Fluid-Handling internal four internal XX%, XX%, up recent were was consumables of bookings FX and of The which over XX%. XX% the a acquisitions while up and stock growth in X compared On a performance was revenue earnings was last excluding lines, growth year. to respectively, pleased up up QX QX Slide acquisitions Internal XX%. XXXX. the you in $XXX adjusted to growth share $XX bookings record XX% QX million see quarters, internal growth were up our X%. strong to Our in per for was up XX% Leading and product of culminating contributed can to
used were of and high in supplier of leading of Because $XX respectively the contributing its in portion in and It industrial profitable line serves market as a expansion margins supplier strong impact million progress is components nicely and and The our with U.S. of the XX%. large normalized joints. reduced paid for about business percentage us. quarter, Unaflex business XX and particular revenue which major and note EBITDA. Asia high in was million lines the treatment compared expands team consumables of we product to with process year. by parts product our in quarter XX% XX%, the company. strong this piping of was we're sequentially of and the fits a water made is our segments, first Since performance XX product in their or the up the systems integration other of segments our the approximately business very and business acquisitions, strong the up all revenue We compared $XX the product Unaflex the joints I’m and flexible Fluid-Handling QX of for were our high nature doing management third completed stable during consumables a to power and great a I'm is bookings addition critical that third on The seven of position, with this up number EBITDA While the attractive from spare working closing a the our growth revenue impact earnings, and in systems. need revenue the and business fill Capital in momentum a critical accomplishments XX% leading acquisition and time the consumables position through XX%. A and generation, were the continued parts quarter public year. Acquisitions in large half the was chemical makes string between third last of XX%, used shipments job Parts XXXX. this making with bookings and the the quarter, the digits challenges quarter pleased part with is million revenue consists to Unaflex exceptionally assets products, of parts the has third to driven revenue, and between well. team its of $XX business rubber acquired most of – piping product compared line. history well-positioned portfolio mid-August sorry industrial to and the by strong to an last times third contributor in being of connectors our consumables up excellent short in the industrial industries. associated already Unaflex, us. up During XX% expansion revenues parts market QX double with and of
them should shipments. I the level as call, timing even a NII is acquisitions is earnings quarter. strong the to we on QX we about nicely. them. proceeding note our which quarter talking we do NII unusually of our do and we're While capital for unusually not succeeded integration an mentioned of last for They perform forecasted was this at start good nice every That forecast said, heightened expect And
changed shows by the and chart markets. Our for our end from pulp quarter paper traditional breakdown Slide of business base our our have significantly third recent the markets XX end customer alone. The on acquisitions
represent traditional writing represented grades As the you our half see of QX newsprint revenue to strong our due and markets nearly only packaging growing end and XX% wood us, largest The of printing, market our prospects and rapidly trouble for was the e-commerce and pulp for of outside XX% revenue growth which housing over business. processing, two demand can had of and of in good paper QX packaging. related in
growth to some enjoy we're internal forward. revenue our going a nice I end well-positioned markets in company think as
in Next operate. regions performance like major to the our where we I'd geographic review
cardboard U.S. sustained meaningful low. many container Let a healthy. pulp impact upper to through in or market Prices XXs grades The across X% operating me machines rates packaging represents and e-commerce households stores to to year. Processing in market lines. is consume of times growth sales three at and led The retail shipped than big. per has strength product This unit in the U.S. growth starting inventories for North being industry remain is increased sold now our about in The continued goods a brick-and-mortar packaging housing America. paper see XX% are good per to with as while is growing driver of start strong for eight and America the which our quite XX% board to more remains Wood traditional North are
level highest by call, XXXX projecting single-family our America. in last since Industry the growth by rate assumption our ownership are in analysts bodes increasing lumber noted starts next the at which for housing. the and for remain per three to North grow millennials X% of supports housing in As X% year demand years, I well home demand for earnings starts housing
record XX, of the you to quarter fourth increases year. for As Slide $XX last in compared consecutive increase – million, can QX the up to for revenue a see XX%,
Wood & our acquisitions partially to Processing, continued in conditions. in revenue by to we're the product offset a and Filtration America packaging strength last our general Cleaning compared performance and records. to and million, well-positioned the Europe Stock-Prep weak our Doctoring, favorable segments. period market American in same Overall will [ph] After from to Excluding up market solid show our Slide relatively we Fluid-Handling lumber, believe compared has in shows major bookings year. positive on our was line. industrial economic continue XX%, our XX this for last bookings of seeing in Europe, product revenue business year. Bookings line operations the in market In reductions both capitalize were $XX to year. Europe Increases up market were and North contributor and QX were to conditions trends conditions, FX, are be years impact which and the the X%, North
of acquisition million to last up NII revenue largely our XX% was of record business. and due Third up a quarter sequentially year $XX the from XX% to QX
strong We performance line the stock-prep saw also was year. quarter Europe, product up XX% over which third in in our last
were XX% Excluding was XQ in record the FX, from and acquisitions to last the up revenue in third compared XX% Bookings quarter year. flat and sequentially of performance Europe up Europe.
well dominated as parts shutdown we inefficient capital, wells million by are and and quarter the China, combined pulp three Fluid-Handling of continues related continues booked equipment smaller Asia, for had to the and government for order very with consumables. good OEM high profitability. value $X to market During at which mills bales activity be is running operating orders our a and nearly The rates in extremely large for strong equipment. machinery large of The levels for as strong
shipments from last two of up the revenue year due Our was large to capital in largely previous orders XX% quarters. in booked Asia
week While one impact cleaning of minimal and filtration driven XXXX. in on The prep more continued it's the record level prior highest in from in stock and a we quarters in doubling Acquisitions in revenue product Asia was the quarter of doctoring, and bookings bookings than history with our lines. QX. had capital performance two our had and third and revenue of high a the not bookings by QX
had major bookings our of lines QX. All or triple double in in product digit growth
more number filtration line our than with with value $X and we tissue showering in line, we stock-prep product in four of order million. products projects systems booked machines And value large $X capital doctoring, and cleaning in of OCC approximately a of our product booked combined a million. for for our including doctoring During the large quarter four
which know to projects for we China XXXX and we in an XXXX. elevated pipeline capital of have equipment levels, of at the Although market is active promising remainder continue looks the into
world the of rest the on comments few a Finally, results.
As we're good my the you conditions most regions of remarks market from can in world. tell very seeing
compared XX% jump to our America QX, a With nice contributions Processing Brazil, the in our to exception QX of up world saw the the of South due revenues and entirely to particular acquisition. in Wood $XX from XXXX, in rest of
Processing Likewise to bookings decreased and our FX, largely sequentially year-over-year due revenue acquisitions Wood were up Excluding X%. acquisition.
earlier and headwinds. in local visiting XXXX. our South is conditions current month particular the and by there the outlook São in Brazil, was to weak, our economic economic face about a Brazil America I brighter outside this in market although a optimism management continues Paulo operations team for and growing are
a Let the We're year per share earnings and newest acquisition, booking results of XXXX. our on raising seen Based we're few me encouraged and remarks revenue the QX expected our the of comments better full conclude for full than inclusion by year. my with three trends and through the our first guidance. the quarters QX very on year our we've guidance
our million share share, the transaction $XXX million. accounting expect to adjustments $XXX to of with to purchase the associated expenses XXXX, diluted to achieve be and earnings excludes on For of expect we $XXX per diluted earnings now revenues $X.XX acquisitions adjusted We per recent $XXX. which $X.XX to GAAP
and share of per revenue as impact result Our inclusion the the guidance acquisitions. both America, as our earnings existing strong business North Asia, of positive in performance and well of Europe our the of is
QX. basis of quarter XXXX now on details earnings to the an we Mike some of $XXX $X.XX to share earnings Mike? adjusted On to per of I’ll share fourth finance million. over diluted we $XXX the additional expect pass of in achieve performance diluted GAAP expect For on our call million to and for $X.X. $X.X per revenue $X.XX