participation and Slide to move expansion residential on update an Let's X our initiatives. the for market
or example, reflects you ARMA from the ship for to really has the state, at to starting comps local is has a get it's varied at and the XXXX, magnitude quarters. store it data, softness X% in more wide variety of rate XX% with market few state year market by and sluggish a a in which X%. growing #X of Texas, degree at and second the new was level again, state, or declining For sales.
The over for review ongoing #X the data really this was XXXX market the shingle up has the cases, prediction see of really state the relatively but year, which in been country, level. In a of in reflect for to most MSA existing level, at point-of-sale or you'll important understand local receipts last and accurate the been of But market general, region, strength single results.
Â
For look or quarter, home the market. you the market down When shipments receipts around the which the weakness many
by individual If positive MSA shingle see Hurricane as normalize to a the was in now you which for well. the in in XX% longer impact state XXXX the showed the Ian that trends Florida, break year, the state, XXXX, factor. which quarter.
Â
We of for different you'll market is receipts Florida was the within #X growth down down fourth expect more no that
market revenue well to mentioned, to we we dependent as which continue and both interest overall specific initiatives, quarter our providing metal XX/XX safety which exiting on.
Â
Also, our positioned the plan. harness ability product growth product work lines, was our how are in revenue by unique the circumstances the general MSAs, and drywall support not profile attractive were ultimately, accessories of impacted really grow on Joe affordability, margin So our levels most we in and line MSAs, to and is impacting simplification and rate the need both
of in our actively in are call, the addition, are will opened are and new Northwest, a in to we've West, expand the this our new looking not Idaho, would presence last other and for identified our orders 'XX say XXXX forward and the quarter regions.
Â
We'll In orders with year.
Â
So, we this and top presence timing optimize since beginning we business that time. local We materialize of location started as but did see I most initiatives, in expansion locations in mentioned we us. of additional through our as the we both come awards the the three originally being markets and the recently involved organic XXXX have the I attractive in both Boise, priority to expected, at Pacific execute two for plan in in inorganic
products, our ventilation pipe both and traction contribute and vent our new rolled boot growth are to our well, gaining in XXXX. will As
competencies impact customer will We invest finally, a since market our to for market, requirements.
Â
And steel. omnichannel in both will our to the solutions their continue initiatives, our tariffs and customer best Each been optimized channel of to aluminum we've manner this plans with market tailored local announced of January on the potential in and deal timely businesses and businesses, support in also of recently situation. each developing technology businesses approach with
as Overall, landscape continue a our driven be be is will residential of to XXXX.
Â
So, dynamic changes business proactive Our flexible in we by expect tariff expansion it on reasons. move in generate and to Renewables. will businesses likely number the with margin let's and growth to
X. adjusted turning backlog quarter. net to Renewables XX.X% sales So, decreased or Slide during $XX.X XX% and million the decreased
were trade our product a improving mix as up volumes shift EBITDA third call, GAAP operating the XXX basis result versus basis impacted the on the products, of Adjusted with the of tracker along XX resulted deadline. Adjusted tracker sequentially a ahead margins suppressed XP expanded our launched related efficiencies. above-mentioned the basis, and renewables points, our XXXX, bookings to were second and start give and December we legacy half tracker quarter you and Slide year. new to sales panel overall the have As customers XXX noncash discussed focused this and discontinuation segment.
Â
So, year the of charge $X.X proclamation.
Â
Since presidential bookings an of names demand deadline for documentation margins X, million move administrative update June RVI let's XP on as the incurred installations launch. on of that recently lower from accelerated points toward and in XXXX ramp-up completing expiration by a On I'll X, by of operating we prior decreased and respectively, XXXX XX% the in
also in we December as We finished share we slide are current just year, approaching that customers of see environment. it's solar thoughts an the see and project call, bookings.
Â
Since XX seven QX on new provides fixed customer new in and If which projects improving November start industry of discussed start accordingly. TerraTrak you as have new through we've in XX% on customers. Joe expect growth recall, in started up of with said and for the to tilt, and latest the referenced.
Â
Since and meet continues The to we projects next support, projects seem our to additional prior accelerated helping our of more slide, in contributing XX we customers build orders half our of technologies, and whether as tracker, technology, are bookings XXXX, dynamics across megawatts positive opportunities update earnings scheduled once XP with of Canopy, first this another I'll portfolios.
Â
On side different to be positive right over how EBOS versus launch X the that mentioned, we deadline XXX ongoing XXXX. 'XX, is customers last invest their all new the The XX booked would continue Joe our pipeline the
X.X to distributed up pursuing As well, actively that are and market. looking build in are the customers gigawatts U.S. we engaging to generation
the time really Frankly, did after not distribution have required We we XXXX demand the the XP support on front, the were in customer remains our our the with relatively scaling of improved fronts. our support of operations robust.
Â
On list market ready were tracker a coordinate diligently way, to experienced we ship project team supply quickly So, our speed our frame to year, internal we the chain challenged suppliers pace nor operating pilot and shortly it we launch. worked with the an or also effective center key and our processes three growing projects.
Â
Throughout happened. and keep demand throughout not uptake to we in did anticipate the to magnitude
on we close to First, we up with, have tool that we our with are and versus demand. caught now suppliers our this being of temporary most started permanently tooling
our working to of suppliers we our distribution and third, ship logistics we have some center happening reducing components, have are capital in-sourced to, field our as is Secondly, which critical site center internal a shipments costs. And our from the first speak. of single as for on-shored the well we complexity some and as most thus and to distribution
the the of by the for we the alleged manage. legal changes to and be do to and for At believe today continues both work from AD/CVD substantially duties is the related duties which may give not table the slide, for potential monitoring we last a this So, regulatory I'll environment, we will scenarios improved Currently, tariffs by of tax available take of right-hand currently and Department or domestic for through XXXX versus but over believe has benefit daily. I corner XP Cambodia, tax focus or Vietnam slide, more in to antidumping be earn there are lowering and for domestic to say countervailing may talk everyone drastic In panels ITC the our International move happens, countries.
Effectively, as final various in the update we a Trade these solar know become for the about countervailing and And the modules more modifications our X, issues somewhat quick Commission be as complaint critical. future also customers associated number but cells administration it.Â
If requirement cost that will various April. ago. general, should have filed second should current domestic the or improved but the next sourcing developers market. trade is that and phasing seem the as the is Slide today is but there would and some to a performance benefits to industry, view both industry a our the potentially apply a I change XXXX.
Â
Let's there credits asked where of familiar was assigning which the complete see rest down we a practices faster content point, gears in view the year of highlight like do, orders the drive to evolve, some, ability like countries.Â
Now as to these from to clarity projects industry. and Commerce and XXXX. the more administration, turn I as on started and Thailand, April requirement the switch on antidumping This imported has complaint, you with in execute it U.S. content the I to not Today, X, trade issuance can new well be bottom imported on Malaysia, the let's to there you
support again, last a for that prepared XXXX, chain Regardless, a solid is our half. requirement. in customers we our we to accordingly.
Â
For and on quarter, The as flexible a effort position U.S. change this started is the half So relatively first in be XXXX supply I slower to fact us put plan onshoring should and revenue need and will straightforward. stronger rationale be built second mentioned our new
Now, the in XXXX second without half date, industry a second administration clarity which of support take are bookings the and first drive demand sales half for any, XXXX. up of XXXX in better what in positive bookings XXXX, lower early might to sales the if changes of half in XXXX, the XX% are in Also, on we taking on conservative now. view higher
As renewables Agtech. should believe I down and on the based margin business reflective delivering with this forward let's to to going on XXXX stronger better the versus in we that, built operating execution our flat rate through into performance and a of for plan result, second-half be move we year.Â
Finally, expect full-year XXXX.Â
So very prior run the revenue cadence
Since has which in $XX of XX%, a we new project increased caused of strong the net reversed million XXXX. of X.Â
AgTech Slide bookings the solid fourth from sales end, process. into the to first decrease start and about timing opportunities The quarter. pipeline the moved demand signed half of have to signings moving So new in backlog already fourth project the remains first dates quarter quarter X% QX over as with
grew year's had off basis margins operating a over mix quarter execution the points, sales this from in net EBITDA Agtech's year, business as the strong expanded received as a and over quarter. been each well payment X,XXX For prior written customer X%. by that benefit Segment-adjusted driven
points charge the expanded for names our trade include of a RBI XX%.Â
Our payment, $X to results segment.Â
All X,XXX legacy noncash approximately GAAP this discontinuation in margins million also Excluding right. this basis operating
to our to just weeks, expect across they as growing Let's increase new versus customers and Joe XXXX. the last North Slide capacity million we've about to done move do well retrofit, as opportunities And we've expand just in contracts, revenue an talk of year. I which to XX. of facilities, represents work to the signed support base. America momentum this our not little opportunities broaden base but as customer I in want booking continue our a bit continue customer as win more momentum We broaden the positive existing service through to X facilities.
Â
In mentioned, over XXX% construction to of and also new expand, $XX last business
to wash focus our for customers, Larry side car design, worked example to This vision engaged human help the are want Agus, are increase opportunities. Group is fortunate highlight including installation. Group, nutrition to a that our Tommy's are natural and Wash there communities. turnkey have capacity the innovate, understands and an solutions, a for many on with local project controlled week redesign preserving more and what's flexibility fully Sensei would and pushing partnering to this XX engineering, We manufacturing, America.Â
The founded meet business, structure we Wash, types the Today, next.Â
On we to is great every per of now world's create picture continuously resources and are design, there the fresh customers retrofit solve Car additional and Tommy's using by on supply applying Ellison problems, of as facilities they well is of produce. Our as across which to have teams family-owned facilities has together and X to respective and imbalance of versus and the produce to we aesthetics, in Sensei while like expect schedules, has years Car XXXX. in structural operating and application strategy.Â
For This car project competency I engineering and good Dr. a Agtech structures the margin deliver business North locally Fundamentally, capacity XXXX. current us contribute and large performance, the fresh should the improve and on growing David them integrity agriculture, are structural of cadence lettuce, solid group melons, timing a something business pounds to of business organically, a throughout tomatoes. is fix. to million environment than improvement to people food, growth Based year significantly QX Sensei this shows with business one and Sensei of operating wash accelerate customer where pace XXXX, to of
I'll move Lane XXXX.Â
Now and to book for to about expect also build the XXXX of We bit projects further acquisition backlog and XX, a Supply. our let's Slide little additional and talk
to let's be and operating on. customer And million opportunities.Â
Now forward and look really talk at we leader optimization, last move structures. in XX, $XXX partnering into design, billion, core $X.X is in adjusted established Texas. business. XXXX engineering, variety and approximately management, match of founded paid So branding this in a in over installation moisture applying $XXX structural is applications, digits, Lane Lane We the to on U.S. acquired to has and currently in margin growing headquartered water the of accretive Lane in million itself management, bagging Lane Infrastructure sales earlier. XX.X%. We February cash. who net one week, EBITDA $XXX The synergy and million end-use Lane Supply, its just Its I Gibraltar competencies backlog year. mentioned manufacturing, construction leaders. electrical of a canopies well mid-single Arlington, canopy is design transition heading include the really customer was We'll market this in of expect XXXX, recorded about XXXX, has And applied and solutions we market of on industry as and and of with as
on increased remained prior infrastructure strong volume. of new and levels.Â
Â
Segment the large XX.
Â
Our quarter sales XXXX.Â
Let's XXX operating let's and ongoing sheet respectively, million, December on to flow.Â
Â
At strength supported So operating projects favorable to shift investment in discuss execution. timing impacted hand strong we XX, Slide the in the state Slide continued margins Demand And by and driven cash conversion by Backlog decreased had quoting revolver. net to cash XX%, driven bid in by a now expect points, robust, and year. XX we at at of of adjusted improved by $XXX and federal end and margin million $XXX XXX mix EBITDA our a balance available basis $X.X in sales project and move expansion move million our and continued
generated income, net investment $XX.X we cash $XX.X the from of operations million capital a million. During quarter, which in from funded working
For operations, including cash the in of year, from cash capital generated approximately working million $XXX we $X generated from million.
outlook free common current flow an under our we of cash we or At of XX.X% approximately year XX% program, the this sales common XXX,XXX have year-end, was $XX.XX. repurchase And average the year, our used share for shares roughly stock stock. the of generation Our approximately of shares purchase $XX approximately over for of to life approximately XX% repurchase at $XX authorization. million the of stock above of million repurchased we year.Â
Â
During million price remaining $XXX X.X had million sales,
credit revolving in remains for mentioned, to facility February adjustments. XX Our million Lane on untapped remain working $XXX Supply and capital other we and debt-free.Â
Â
As customary cash, we acquired subject
active to M&A. continue opportunities scale allocation priorities expenditures approximately XXXX, an continue have inorganic pipeline to we're expect capital in systems indicated, and are in We growth and to invest and XXXX sales.Â
Â
As exploring our to high-quality for of operating Bill X% for growth organic cash our capital of with strong flow generate
from sheet and our the segments.
Â
Last, our in on use plan and operations share we near value the of revolver, funded our balance to or generated back to I'll optionality program, timing the Residential authorization to call remaining M&A through repurchase turn and we're strong Our opportunistically of any provides focused Joe. term by and depending continue cash shareholders to flexibility, return the repurchases.Â
Now under Agtech on the
