Quarterly results: Revenue $200.161M, YoY +20.6%, QoQ +6.9%; Gross Profit $12.85M, Gross Margin 6.42% (vs. 3.4% in Q3 2024); Operating Income -$4.88M; Net Income -$3.43M; EPS -$0.12; EBITDA -$4.88M; Adjusted EBITDA Breakeven. Backlog >$1.4B with Book-to-Bill 1.5 for the quarter and 1.0 year-to-date. Segment performance: Storage & Terminal Solutions revenue $96.1M (gross margin 3.9%), Utility & Power Infrastructure revenue $58.7M (gross margin 9.4%), Process & Industrial Facilities revenue $45.4M (gross margin 8.3%). Liquidity and cash flow: Net cash from operating activities $31.2M in Q3; YTD $76.8M; free cash flow $28.68M; cash at period-end $210.54M; available liquidity $247.1M (unrestricted cash $185.5M; revolver availability $61.5M; restricted cash $25M). Debt: Total debt $21.47M; Net debt $21.47M; no near-term liquidity pressure. Full-year guidance revised to $770–$800M, with anticipated mid-to-high single-digit to low-double-digit growth in 4Q and a path to annual growth >20% despite the T&D exit.