Financial Performance - Revenue increased to $195.5 million, a 7.0% growth compared to $182.7 million in the same quarter of the previous year[20] - Gross profit increased to $58.2 million, a 19.0% increase from $48.9 million, with gross profit margin improving to 29.8% from 26.8%[10, 20] - Adjusted EBITDA increased to $30.2 million, a 29.6% increase from $23.3 million, with adjusted EBITDA margin improving to 15.4% from 12.8%[10, 20] - Net income increased significantly to $13.1 million, a 104.7% increase compared to $6.4 million[20, 22] Segment Performance - Oil & Gas revenue reached $105.7 million, a 6.2% increase from $99.5 million[7] - Aerospace & Defense revenue reached $24.2 million, a 10.6% increase from $21.9 million[7] - Industrials revenue reached $22.6 million, a 15.8% increase from $19.5 million[7] - Power Gen & Transmission revenue reached $14.5 million, a 24.3% increase from $11.7 million[7] - Infrastructure, R&D & Eng revenue reached $10.6 million, a 21.1% increase from $8.7 million[7] Cash Flow and Debt - Free cash flow was negative $20.9 million, compared to positive $6.3 million in the previous year[25] - Total gross debt increased to $202.3 million from $169.6 million[26] - Total net debt increased to $174.5 million from $151.3 million[26] Outlook - The company projects full-year revenue in the range of $716 million to $720 million and adjusted EBITDA in the range of $86 million to $88 million[30] - The company anticipates an adjusted EBITDA margin of 12.0% to 12.2% for the full year[30]