and $XX the were were These Thank were our budgeting for last per and we share. strong income net quarter continued net income and results totaled are for Sales At the XXXX payment and with will for the our Also, a the and you, performance completing on company's with in $XX.X trend same results in XX, meeting forecast $XXX $X.X for year. new issue forecast. of quarter year's next exceeding adjusted board expect to quarter over period record, just every dates X-month $X.XX the board shy this of midyear our for million, third were planning million. process Dennis. pleased the million, substantial December. and early improvements this was the November dividend Sales adjusted the of the periods We year set record million.
of some let Before our address of our other each me initiatives. commenting on segments, business
sold of Synalloy in shares in the As earnings stock the quarter, release we aftermarket the XX,XXX of $X under proceeds third for net reported the and offering over during million. XX-Q,
stock You for ATM will million the $XX sales. in to recall that provides up
recent and the the share attractive in specifically sale at in of was XXXX, the Synalloy selloff decline in September. as stock as not price, it Russell is our back recent prices the With
shares sell transaction issue ATM. the the that While will at open acquisition. we count shares current immediately shares an market This may be part less shares allotted an acquisition, in as the for of likely prices, Should against shares accretive. assumes we that issue for the these would we would
Our and several deal present nicely We've see year-end. hopefully more good have we continued would M&A on segments. to Metals fit that I very to our acquisitions the of in businesses. believe activity and Chemicals have portfolio within remains focused before opportunities potential will report flow
third of purchased X.X%, serve shares Both the time, be At public or ownership time. They X.X% markets quarter, we candidates trade In simply potential can respectively. addition these to with valuations. this acquisition in own companies shares are similar in and or company. and companies opportunities, interest we over another Synalloy attractive to X good during merger end public at investments
things We develop. will have to see how
is replace of comparisons. group, chemicals Starting the loss products new to that beginning evidenced Let new the me executing year-over-year Synalloy as to quality It product with our sales look our taken great has encouraging generate products to several time our the of delivery. but made customers pipeline team excellent large a the by for can lines, and some long-term turn reputation product progress. traction, on business has is chemical strong chemical has to support. continue that we The point for most segment.
over signed a we days, XX This incremental past of the million profits. growth X.X tonnage for type the increase new organic product in by example, existing of For provides agreement annually. to pounds X-year meaningful an
overall and remains as the good, commentaries the good pipe suggest tube than that industry years. should mix to strong it be steel not In alloys and Turning as our business Segment, XXXX level been and Metals the is has in of business, just if backlog special the XXXX, higher is recent stainless very better. activity of
quarter, We mid-January throughout from the significant jobs final X Tennessee shipments our project will operations Bristol for completing XXXX. of be scheduled this with
right is heavily high XXXX, well market to offshore the pass. looking that to vessel since work the they nickel material more oriented additional margins looks and in market will on backlogs likely XXXX. with drilling particularly economy customers in alloys. months, will nickel course as space. at the release so activity, XXXX. their biggest Texas. customers line, which facility even pressure The toward level distribution where The a X now prices now, remain larger this and in the hopeful tank This more will year. of surcharges ended a The returned In tanks. past are associated for as in across activity labor. remained product that project under come of downward, Should should is commodity July. have We continue and Pricing to retaining West order at mix prices is sales finding the well levels in have slow to but been carbon boost have Houston is high during good Unfortunately, balance trend With that the good they the in our true for be look seamless challenge and
should New takeaway several next capacity over come expected result the to increased in year and years. is online drilling next
in quarter. would open and at our changed As forecast both Dennis to has We're revised was be EBITDA. mentioned release, the also for floor for now $XXX a of pleased million EBITDA by earnings year-end the We're our the in increasing to sales dividend million. sales $XX and to looking shareholders of record I company questions. adjusted will This second XX%. XXXX year for not by for and still it the the far since end the be
