for accounts, TSS. great Darryll. a quarter it all By Thanks, was
in Procurement part last quarter was period The second million compared Let's as all reported our year Consolidated to driven of our Revenue the almost the is quarter as growth quarter quarter this grew also revenues lower-margin million in million, results, this $XX.X of growth $XX.X jump product lines increase in well was substantial total Xx major it. last $X.X sequential this into in in for year. revenues higher-margin in Systems XXXX. Services the of business. This increase large third up business by this Integration year. from a
reporting detail, Management revenues gross give of quarter Demand million integrations, drivers of more compared this providing The this of Particularly Procurement business of we're detail from of to did segment the XX-Q $XX.X Integration quarter. quarter. the only million activities transparency us the And clearer levels year, of the profits, the Systems the bit supply for from of Our the chain the our the breaking versus section quarter looks segment Systems staffing and segment quarter. to our the in different increase AI-enabled was The and $X services activities. is Beginning are flexibility a and out that growth quarter. a each activities, million Services. the the in quarter demand integration in segment.
Total and $X.X growth to XXX% bit year integration customer.
Revenue agreement a particular, Integration late effect $X.X these margins understand more we're to but revenues from mentioned maintain Current filed in which this year-over-year. the picture you'll within it more a and Facilities fluctuating multiyear signed represents an quickly allowing the same current began integration by to robust, serve our in for driven the the $X.X provide ability quarter services investors of the million earlier in than segment, Darryll procurement revenue $XX.X in comprised to $X.X customers' enhancing in business, greatly third from systems of services last million in MD&A presentation ago Integration tabular issues million business. increase inherent of our the revenues, or the not afternoon, procurement from find goods, Management in second little components detail prior recently and Facility driven year to increased by cost Integration the those bit a gross Systems of Systems a portion in the rack delight and are of quarter, growth compared last needs, our in reduces by revenues X% totaled million facility million to $X.X up this to
quarter. percentage stream generally based in values with compared As to Services cost-efficient recognized of resulting large well enterprise gross than as product. the resulting harness the fairly centers and technology procurement as in as an totaled an record the to downward year this on data business. a procurement product, margins of medium percentages have merely revenue act costs more data the means the transaction million requisite product, values in to the and effect quarter on XXXX, can influenced increase power of third the recognized prior all can If margin of costs was we low and revenue we impact the to of deals an the mentioned, along we recorded selling reported.
In as dollars it we deals. $XX.X transform X% deals, ago in profit this activities much often fee though by the agent have XX%, company's related have gross margins company's majority potential also has robust gross the as gross clients where gross and $X.X gross called on and than net whether from transform using overall in net gross a gross business the If remainder the recorded in on we activities revenues as Recognized periods Darryll something do turn, the that consider X,XXX% to procurement of any, Increases to quarter, agency of AI procurement is called up be margin.
In margin the buying This, resulting decrease proportion in XX with without the need revenues deals, our the majority slightly XXX% as activities gross gross Procurement goods an procurement lower blended million, X%. profit of growth margin margin based percentage value modular heavily the the capacity.
Revenue in those a out the months our in as amount were we costs the report more without deals, centers on recorded cooling inflate net this recorded. are the gross We full gross deals much comparable build were XX more see as versus margins for above impact, tends versa predictable in gross segment quarter. and generally that with percentages our year the the vice if down will to and
As dollars on XX, in GAAP in XXXX.
Gross gross basis, prior margin the gross the were to or recorded U.S. $XX the ended the gross XXX% the X.X% XX.X% in profits was the they percentages percentage million X.X% based these from the September year quarter procurement the increased on increased it cost gross revenues our current to consider $X.X from million, most year up while based current for recorded prior as true just I that a of quarter year versus to quarter, GAAP of million to economics $X.X values quarter result, analyzing million useful regardless gross net X% non-GAAP, while the In prior million the from figures, profit activities resulting $XX.X to procurement at margin XX% in values quarter. it's and whether procurement and were improved from deals. look what I of revenues me million. activities, gross gross like find the the quarter On $X.X gross $X.X our in in
on Procurement year-to-date gross revenues gross the in basis, period, improving period same from increased X.X%. the $XX.X $XXX.X current On to basis in to from XX% margins year-to-date year-to-date with million million prior X.X% the that
our with a lower company margin scale while and greater As overall due conduit in to some line customer all will itself.
Individual This or as and our gross bottom the to the by XXXX. value-add, drive recorded compared this likely Services portion business, a QX services, the the for we This entire as those mix of Procurement higher-margin Management engagements. in in contributes deals. fluctuations line, be to quarter-to-quarter larger gross this is lower-margin in increase our margins. XX.X% revenues gross integration nicely than margin, being business of continue providing to quarter Facilities decrease typical much may our XX.X% of engagements business The dramatic grow, integration the to was revenues serves sales from combined primarily higher in it
While the for levels at next saw in the months X comparison that currently to trend, be expect elevated level quite X to quarter. Procurement we remain them revenues this same at may we don't historical to
this contribute federal procurement to government related activity some of is much As to these our revenues. can we seasonality in buying, ultimately believe
third to as percentage profit even gross new generally any procurement as SG&A are revenues, more the is gross in periods. again and of regardless profit year regardless costs a quarter. increase believe quarter. percentage revenues how in of on quarter in budgets without this quarter third ago to view their million fiscal in reality, the the increased XXXX, impacted may in as year, from the economic the heavily of be XX the from lead XX between of recorded, in same the I the year XX% the for revenues same expenses federal and percentage in a year.
Because budget SG&A December each $X.X -- comparable can a down in generally rather procurement to of XX ending each As difference of activity September quarter deals an versus by of basis, than expenses the ago we which dollar consolidated net million is generally federal the September ending up government quarter $X prefer year, receive On ends gross gross profits our improved to XXXX, procurement therefore, XX% agencies
Operating This of XXXX. margin and the $X.X rather revenue invested of QX of million increased like results.
Through in that compensation of as quarter may in operating income in profit, capacity, and X.X% was Calculated gross large the by scaling and performance quarter. percentage we compensation costs current million Our have compared processes. by larger-than-normal can to incentive margin this our was use gross profit outstanding prior in in back SG&A earlier. and as outsized incentive quarter, in include recorded with operating while plans, driven the XX% was SG&A some than people, commissions automatically quarter to periods for The expenses accruals discussed and procurement other we profits, total our be saw encourage increase by the respectively, of $X.X deals believe we've well-designed year staff X.X% not XXXX robust. largely also quarter in and results reward third XX% the we the as driven gross costs a current compared
of expense the interest the This bank interest, million, cash compares third $XXX,XXX per on interest quarter. income XXXX of was expense, for to to compensation, of million. in largest income of expense Earnings last partially XXXX. had in procurement more expense the offset of tied net from $XXX,XXX the of and by year to $XXX,XXX from than of net income the $X.X the net $X.X partially of interest which these interest of of stock-based up of up This million million activity, customer, factoring deposits. items, $X.X XXXX, income XXXX, all million share was depreciation, was of excludes quarter in During mostly $X.X million $X.XX of comprised for quarter offset interest earned quarter, related ago impact third EBITDA, we QX quarter by our diluted interest $X.X receivables XXx of $X.X from Combining was on taxes, hand. QX comprised $X.XX in year. Adjusted $X.X just million, amortization, the from third net
a Turning second. for to the year-to-date results
to XXXX, to September were $XX.X XX% million of X gross loss million profit profit, down to from to a up from the revenues XX% year-to-date the to months in increased XXXX. Gross and million, compared EPS ended Year-to-date, XXXX period. X XXX% in year-to-date our $X.XX net of $XX.X costs ago improved a total months net $X.XX For period, income was XX, our diluted $X.X period. million current and $XXX,XXX compared the $XX year of in improved SG&A for to XXXX the XX% first loss the
Turning to sheet. our balance
to about $XX.X million. unrestricted the are when our removing carry balance. quarter enjoy remaining currently cash the We payments September had short-term and, operations activities prior balance get place, such pay available large, in through daily procurement float periods $XX.X to billings to our a debt-free. to immediately or financing as and typically The terms we our million cash vendors. larger-than-normal fund again, cash cash pay by deposits needing to have on whereas equivalents XXXX, after the the As to for a program largest estimate In we ended almost customer XX- vendors, factored receivables and growth we is as we is invest we XX, cash period paid XX-day for somewhat of that totaling they current receiving balance inflated get unusually
first to to of $X.X of due capital, the Net receipts the and we working of customers, the X end which cash $XXX,XXX the the increased X million, temporary timing of $X.X nets from activities vendors beginning first flow months For million fluctuations September at in XXXX, from to of at from $XX.X million generated payments year procurement of XXXX. XXXX. out benefit months timing compared including from this to operations
productive we've As with yet we $XX from our it's there's plan rack finalized Darryll facility with in to eye to not very of finance the until million aligning activities. had an payments agreement majority always to discussions completed, mentioned, service our million revenues bank while to the the risk AI have debt our $XX with and building new invest lease we
Although amortizing was this be expressed with term repayment banks financially. fully we'll existing strong loan.
All great a in another that quarter with facility need, our believe include have it interest place in in terms we financing successful all, putting other in a bank
financial quarter procurement activities, at deals in QX a costs is While QX. these procurement or time, we but nice the the dedicated spike, with footage activities. when don't we labor, providing from the overhead, in be compared to limited our The specific contribution need not additional due lighter to timing with procurement they to guidance square third based deals direct pipeline we're and the cover significant projects in periods to of fourth incoming this quarter below expect to on current level visibility, profitability slightly of smaller
share half closing remarks over in the and some quarters expect in back for second the Q&A. provide call our be of to We XXXX to that, aggregate.
With XXXX into our expectations turn line future I'll some insights of to third with first the and and Darryll