to Joe. than joining us usual on Thanks little thanks all the And earlier this you of call for morning.
risks call As always, involve I will uncertainties. make we the this or will that projections forward-looking of saying start that and by course other statements during
of a on-time These assumptions, limited and are and in control maintain the the customers, trading reflect instruments, we respect price to estimates on aircraft are Transport in ability routes purchase and timing which other deployments results information this here. actual we information, to Our scheduled cost other statements configuration, changes operating number, statements time from costs, are not date to, no demand forward-looking to filings any able Group which SEC in but to XX-Q to changes our with may include, undertakes ATSG's other assets or Air with changes our and to factors, airline's of our contained from mark-to-market of and underlying service factors cargo aircraft new our future to fluctuations update timing and including later result time modify to factors based call the obligation Services and as describe in may we share financial materially certain as and events in the this on These the forward-looking for file and differ will those plans week. market Form services changes.
a and to GAAP release are refer also believes We measures, adjusted substitute not continuing from earnings be non-GAAP position will to share, advise investors on to metrics pretax and the adjusted to our These to are Management refer measures we earnings, non-GAAP financial ATSG's earnings which our per and operations, these included website. and useful our are financials earnings measures GAAP results. in you assessing meant for reconciliations adjusted to including financial adjusted EBITDA. in
in August, back those quarter, la Our second like third lot that what our largely indicated very that's strong. will again quarter results were occurred. We results look and
from GAAP Amazon continued with EPS a adjusted customers year businesses quarter the our last diluted had Revenues last profit this per from the year XX% other earnings. served adjusted decreased had but quarter, have of quarter Once fairly continuing operations $XX.X each adjusted the million August, year. same million, Amazon segments ordered year. and the Amazon up we GAAP tax million, ago. military loss as remained which Revenues in we for On to $X.X warrants, per total leased of of last from X% shares of quarter. the from also Third their compared freighters of X.X XX% of again after shares In third we increase dry total with an to a $X.XX $X.XX, XX% the few shares year. DHL million included items or of from a results. and the excluding impact were of share were issued $XXX That from compared time our GAAP our quarter was to a the a or Amazon the XX% XXX ago. increased. million EPS XX third collectively million, the same The last the changing services from XX% in our Adjusted $X.XX that operate behalf. operations warrants On our XX% XX% by for Revenues total on XX% $XX the DHL compares share basis our mark-to-market the or on new those military large the down a were quarter related business their period year-over-year. Amazon including and revenues earnings we from versus basis million. had earnings PEMCO compared represented Revenues a ago. revenues however value reportable last from US steady of X.X This are to year also the other $X.XX increased up year. increased $XX.X with includes to calculation
stemmed reduce the cash two was after warrants. versus charge The as of more was on factor, year, additional X,XXX the warrants included nearly annuity of $XXX.XX price the in The items in earnings or vested ABX a recorded from as continuing reflecting year to million retirees prior of increase our in after warrants prior after price the to tax $X.X fluctuation. statement warrants $XXX,XXX benefits also to financial was pension million tax August Amazon market offering revaluation Airbus results tax senior earnings related In our higher share a charge and lease hedge our or convertible with and joint operating purchased revaluation gain non color a Amazon well began quarterly from transactions we Amortization future both transactions. charged The related finally, basis. I'll the quarter. line will of million was third the that during was the year, increase which AXXX moment. of of reflected new in a incentive in Conversions share vested the by benefits million the quarter our for pretax of in than driven $X.X that charge Air in we accounting quarters on the consolidated settlement and had the we our and September, the pay in and our stock salaries, quarter. up treatment And services the our provide an of tax of is associated a wages largest This largest pension exposure ACMI and offering notes $X.X to to segment. of related XX% As million, ago quarter. $XXX,XXX $XX.X hedge the operations after non that venture an loss of the was in this greater adjustment during Precision
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services pretax million detailed XX% by bore that release. press our driven the million same noted financial quarter, XX% from through period $XX EBITDA earnings are increased Adjusted I airline from operations. improved adjusted up segment nine to The the $XXX.X operations. million year-over-year million the significantly table ACMI $XX.X our equals pretax XX% which months, year. results summary last adjustments earnings was settlement for increased That up Our the in on to $X.X pension charge in our continuing sequentially.
million nine XXXX business earnings the XXXX. the settlement includes versus pretax item, million rose for in Net of operations breakeven during that X% by of earnings $XX ACMI earlier quarter months services quarter. third Excluding charge, on the compared loss in services the CMI largely improved pretax year the reimbursable ACMI for with the revenue excluding growth That pension for the to Eight $X.X first for freighter and leased related portfolio revenues. XXXX. and our more due its rose modification quarter last leasing in this and were by aircraft year. X to since fleet engine in at delivery lease Pretax later XX CAM, in year an externally CAM's excellent as third Amazon grew increases quarter XX% September XX. leasing freighter earnings had maintenance
into a Cash of associated for in regional Wilmington timing modification $XX.X to completion freighters. pace the payment includes through XXX-XXX two acquired capital growth also maintenance and revenues nine strong and quarter acquisition Boeing up during maintenance network other expenditures million for and aircraft in operations months May, and of aircraft purchase the XXX-XXX passenger to airport services. them Earnings of freighter Our other million XX% to mainly remain certain the hub cost external to declined aircraft $XXX.X however for Cincinnati of on customers. the from Amazon's a to and air the up heavy million aircraft due was Boeing equipment. with activities $XX.X XX% XXXX modify for $XXX.X for of That back and cost, due five million shift
modifications. will We which aircraft and and expect fourth XXX-XXX for in $XXX That purchases about assumes conversion for total deployment to of million year. payments the next capital expenditures more be quarter five $XXX in million XXXX
company's approval result buyer in to its credit achieved the will cost closing fees, company which convertible hedges, share potential to may of X.XXX% mix. in The cash approximately the million. share in strong on or financial you thereof. October approve of X.XXX% additional after we investor mature September reduce transaction strike to in the price as against set we in $XXX.X shareholders X.X%. coupon obligation share over buying transaction ATSG's acquired fees increase the our the pleased The of Until offering the stock interest in Separately warrants share warrants majority outstanding aware, totaled We paying revolving exceed the with an million hedges, associated and expected and financial market settle secured cash. company along count shareholders' authorized selling unless instrument only the proceeds many After in of the $XX.XX. and very of reflected price combination annual that of cash transactions A the the premium into can in and the dilution effective with September feature entered in meeting, $XXX.X until shares warrant cash, in price facility. with the convertible the The XX% are year's rate authorized low hedge notes in next proceeds to the late an XX. of associated which As elect from settle XXXX. were are of sold net notes coupon the ATSG convertible life are generally with the bonds
X.XX% We paying balance been expense on by feature. year in will duration, and already instrument coupon low include the our have facility. flexibility revolving the We fixed improved Beginning non-cash unsecured to and quarter the fourth our the a charge credit have interest of additional strong seven provided with amortization we view associated convertible this sheet. an
charge that our of million non-cash its Due some is predictability Joe not We Joe? the $X remove from to the ready outlook to our summary intent of adjusted for did comments. to EPS. share expect calculation approximate quarter. financial we results it quarter. each to the That's
