provide total of company, take the XXXX an good business our Thanks, results four segments wrap color everyone. updated and and some with overview quarter and through you guidance. up an Marc, our morning, I'll for I'll then third on
Before are August the reflect of on Services addition XX. acquisition, our let now Laboratory which Patheon segment. closed details, results Products me now you results that I the part into the of the get Patheon's remind we and
the that, let the of performed the at me earnings versus quarter a So high-level of call. our with last how with third expectations view start time
more by guidance the As press a which midpoint QX in from assumed roughly and planning foreign of we more a of were our in driven very timing share our guidance. execution. previous tax strong and earnings favorable magnitude: release, growth discrete our adjusted equal we X% in our the driven you was also than operational pull-through the four able strong was $X.XX saw of range actions; quarter in growth; factors on environment; the was by organic Patheon. deliver per QX, previous organic to exchange We above the with had of delivered contributions midpoint This incremental the
on Now me the let color total more performance. give company quarter, with starting you financial our
$X.XX, to saw EPS was XX% up QX last in EPS As our we you from grew QX press release, adjusted year. by in $X.XX. GAAP XX%
grew X% revenue a reported our exchange. from line, acquisitions, reported XX% foreign top year tailwind X% revenue the over X% growth of growth, On components from and QX our included year. organic The
geography Europe North America grew our growth in the single digits. low mid-single digits. at grew by in Looking QX, the in
high the Asia-Pacific rest in China. low in mid-single in the grew of double the finally, And world teens digits, digits. including grew growth
XX% basis Turning XX the to Patheon contracted in and FX points which points operating dilutive income our of and was last operational performance, adjusted from a XX.X%, operating increased was dilution. XX QX adjusted quarter QX year. further XX margin margins to basis points basis
average. As a scale operating margins lower adjusted reminder, gross the and is Patheon with company acquisition, a margins income than
Adjusted in PPI incorporate margin partially unfavorable driven XX.X% expansion, Patheon points the offset a our gross from of rest at The have from to the rest by lowered Business manufacturing and came combination saw by dilutive was offset impact XXXX. partially QX XX margin basis up contributions very by the year. of it XXXX. will revenue, into Patheon leverage, our points revenue of represents the margin our the of financials over XXX gross as investments. Business which And to of prior QX. business So volume results revenue. points driven first margins our of Adjusted we XX basis and The The was came as the good basis business in good expansion. margin a by X.X% year-over-year This expansion, over strategic PPI business R&D XX.X% contraction XX in expense of favorable of mix at the points saw in and in XX a System QX R&D mix. is FX X.X%, percent quarter. by System, quarter business SG&A gross strong basis months,
result Looking primarily below actions Adjusted XXXX, QX the income $X by related deployment from up results the net driven a at incremental debt million of to of million and FX $X capital mainly was interest this as versus is $XX quarter, which our Net million, QX was non-operating our other line. income favorable the gains. expense within expense year. million XXXX, $XXX
rate discrete guidance. to adjusted last of was activities within and impact XXX planning in and The XX.X%, tax of QX than different actions lower basis our tax planning XXXX our of which QX Our year, points QX the tax is due previous is Patheon. versus timing
higher, the recent were year, timing. And will slightly year rate result, in previously up average a million, the expected the impact diluted the shares to buybacks. the lower with of option expected due by QX is net XXX.X no X.X over the million tax offset As due dilution, offering to on share than tax and rate shift completion and equity QX be slightly partially year previous
higher from Turning last $XX the billion of the year flow and to billion, to cash with of Free deducting the expenditures paid $X.XX cash of net sheet, flow dividends the we million is to months includes cash nine was and continuing quarter cash And capital Patheon $XXX first cash flow previous QX. $X.XX operations and ended cash the was year payments million related in flow million million. free for balance of acquisition. same investments. one-time and million in than We quarters, period of similar the $XXX approximately $XXX $XX after
to sequentially the debt of related end $XX financing a at result total Patheon billion, QX up billion of the the as QX, $X.X from Our was acquisition.
our at expectations. total in ratio the debt with on was the to forma which and improvement of represents X.X times times QX line reported basis over prior months on year. This pro end flat with XXXX, line points company basis, a And quarter X.X%, approximately ROIC our leverage expectations. operational EBITDA Our XX total basis wrapping XXX performance, comments adjusted on our a my of X.X in adjusted up is versus trailing our was
in operational give organic increased Sciences Now let QX. four X% segment, and you color with some me X% business revenue of the revenue revenue Life and segments. on the Starting performance reported Solutions our grew
Our we segment the strong investments. science in business line, segment, our segment in XX% operating science materials product year income our electron revenue reported and increased organic XX.X%. and quarter QX the and Analytical business. to part the basis another This offset of very includes FEI Biosciences increased strong our partially by quarter, saw growth adjusted mix, quarter, XX%, margin business volume XXX was revenue pull-through, businesses. year XX%. which In strategic over mass productivity, QX operating chromatography of In the positive grew growth. Instruments adjusted delivered strong points microscopy growth had is materials and in our we spec and In
Instruments operating adjusted quarter, Business growth strategic pull-through, income basis year. see to from and our XX adjusted Analytical In grew XX.X%, points and QX benefited chemical operating analysis volume margin adjusted up was in over our offset System, XX% continued foreign partially also operating in We by acquisitions, PPI and year margin business. the investments exchange.
businesses. organic in from particularly Specialty segment, the operating in the income immunodiagnostics QX businesses from of of the with revenue diagnostics XX year. in was to increased good contributions segment Diagnostics all growth our operating operating a prior QX strong contraction adjusted margin X% and X% positively which Turning margin in grew revenue and was basis volume our of productivity. Adjusted was X%. saw QX by organic affected We represents transplant in Adjusted growth and XX.X%, and points growth QX,
this and However, investments business than more strategic mix. was offset by
was Products includes increased XX%, segment, growth acquisition, Finally X%. and Patheon the now revenue reported in which organic and Laboratory the revenue Services QX
margin and operating growth once leverage. year. XX.X%, segment increased basis in prior was adjusted benefited productivity from XXX points and income X%, from business operating this the operating again volume in down margin strong channel the Adjusted delivered strong Our Adjusted quarter.
driven by business impact strategic more this of unfavorable than offset our business investments. clinical expected, was by and by trials mix, the as However,
end was With of QX. trials Phase clinical the full-year on X now I'll the business guidance. move and sunset in As late impact XXXX trial clinical that, by a the affected the a reminder, will XXXX, discontinuation by large our to of
As adjusted guidance. we you and our saw share raising earnings in per are press the revenue release,
a starting not foreign The improvement Let guidance, environment. to guidance performance three year, organic me still a our midpoint million we're revenue from share, The our growth organic revenue result so revenue. $XX by and from per growth of therefore earnings higher the full impact midpoint ramp X% a operational in us, with and narrowing organic million $XXX from expect it revenue XXXX. but and is the walk of $X.XX adjusted did we're earnings our in details, reflect our we $X.XX. full-year our Patheon, guidance QX. $X.XX million $XX with to quarters This for increasing share you to per for million adjusted finally, And the $X.XX. million EPS in improved the previous through less behind FX $XXX On Patheon, $X.XX range million of as range operating includes an performance, $XXX our outlook is increasing increase exchange, of $XX performance adverse than strong operational narrowing adjusted guidance change
As affected. month, with Mark to are our widespread the mentioned, people last thoughts Rico and Maria and Hurricane damage caused Puerto prayers
is share, largest, earnings of and offline have per with still the island. sites just to customers We the as I site is estimate of outlined. get that on impact possible. We operational approximately Patheon online currently three $X.XX We're soon the offline. as factored The to adjusted guidance back our be the being working into site the that site, legacy
by growth $XX.XX a up indicates represent guidance guidance able well. the the To billion, So headwind, XXXX guidance XXXX. still of billion range to sum increased XX% very which that is XX% $XX.X to we're executing would to despite midpoint versus we're which increase revenue now the changes, this $X.XX, at
XXXX, of under impact in We expect our negligible just contribute a acquisitions headwind X% reported on and is to million, to FX to expected revenue a growth growth. year-over-year be $XX
expect per $X.XX $X.XXX. of of range share, foreign for now increased of XXXX. midpoint XXXX our terms now represents from versus with is a XX% to a In We headwind adjusted the growth guidance a $X.XX earnings This $X.XX, year. of XX% exchange to of
impact XX% lower growth first mentioned as will this overall few earnings FX, XX represent I Excluding earlier, would share the margin the A of Patheon's for to per profile months. operating revised the the than XXXX is adjusted it to guidance; the company, the XX%. margins behind other average be so for of dilutive details
XX now revised assumes we Our that expansion points deliver basis operating margin will of XXXX. in guidance adjusted
the points Patheon, forecasting as income XX% higher impact million for financing million the our a guidance. due increased previous expansion, additional Excluding basis this interest acquisition. all half. to rate the buybacks to result not in $XXX slightly year, has the And the share of our previous $XX be than from do our point, the revised We've basis guidance year, completed million at guidance of is Patheon expect reduction which Net is tax points previous we're XXXX. of our $XXX positive any a acquisition. adjusted expense this buybacks XX in of XX from to guidance is the Patheon And first we which
to $XXX shareholders approximately continue return XXXX. to assume dividends We capital in through of million we'll
free operational guidance. offset of related to cash be is being $XXX incurred mentioned flow, by million, the $XXX the previous diluted Patheon is increase guidance we've million benefit This approximately one-time completion capital Our expenditures or payments the guidance from improved be diluted as estimated from future million cash million, the divestitures, Patheon are due average including to are any We're with to from to million. include previous of to earlier, and shares a And average full-year QX no equity assuming acquisition. a flow, offering. small the a be business. respect I to change net XXX shares does X approximately cash XXX.X estimated which now not acquisitions recent
about billion flow generate XXXX. to cash continue of expect we free for $X.XX So to
playing ranges, likely we in you out. interpreting As revenue focus view and the EPS most of always, guidance midpoint on adjusted results as see our should how the
of favorable three performance, a flowed the strategy. and our really well capital operational of So deployment quarters environment, benefit executed strong FX in more on summary, delivered we through
keeps this well call turn of All the XXXX. Ken. back I'll track to that, With an on to us deliver excellent over
