Earnings

Chief executive Peter Vanacker said petrochemical and energy markets continue to be affected by the Middle East conflict through production, feedstock availability, logistics and freight flows, and that the company stayed focused on safe operations, commercial agility and its value enhancement and cash improvement …

Middle East RevPAR declined 12%, an improvement from a decline of over 40% in the second quarter. Leisure RevPAR rose 7% globally and 9% in the U.S. and Canada, group rose 6% and 7%, andBusinesstransient rose 4% and 5%. Europe RevPAR rose over 6%, …

GAAP net income was USD 0.00 per diluted share compared with USD 0.9 million, or USD 0.08, a year earlier. Non-GAAP net income was USD 1.2 million, or USD 0.10 per diluted share, compared with USD 3.5 million, or USD 0.29.

For nine months, revenues were USD 2,708.1 million, up 18.4%, and adjusted EPS was USD 1.20, up 27.7%. Nine-month adjusted EBITDA was USD 426.7 million, up 22.5%, and GAAP net income was USD 114.1 million, up 42.5%.

Net income increased 6.9% to USD 13.0 million from USD 12.2 million, and non-GAAP adjusted EBITDA rose 3.8% to USD 15.5 million, a margin of about 31%. Gross profit increased USD 1,506,000 from USD 27,846,000 a year earlier, when gross margin was 56.6%. Service …

Organic orders grew low double digits on top of 65% growth a year earlier, andBacklogrose sequentially to USD 2.6 billion. Chair and chief executive Beth Wozniak said double-digit growth spanned all verticals and geographies, and that new products contributed about 30 points of sales …

The net loss was USD 81 million, or USD 0.19 per share, versusNet Incomeof USD 21 million, or USD 0.05. Normalized diluted EPS was USD 0.20 versus USD 0.17.