Now for the quarter, revenue was $854 million, an organic increase of 6.6%.
Gross margins were 17.34% of revenue, reflecting the continued impacts of the complexity of a large customer program.
General and administrative expenses were 7.8% of revenue and all of these factors produced adjusted EBITDA of $83.1 million or 9.7% of revenue and adjusted earnings per share of $0.95, compared to earnings per share of $1.6 in the year ago quarter, included in adjusted earnings per share our incremental tax benefits of $0.10 per share for credits related to tax filings for prior periods.
Liquidity was solid at $314.7 million and operating cash flow was strong at $104.3 million, reflecting a sequential DSO decline of 12 days.
During the quarter we repaid our remaining 2021 convertible notes in full and subsequent to the end of the third quarter, we received three-year awards for construction services in a number of states valued in excess of $500 million in total.
The recently enacted infrastructure investment and Jobs Act includes over $40 billion for the construction of rural communications networks in unserved and underserved areas across the country.
During the quarter, organic revenue increased 6.6%, our top five customers combined produced 65.4% of revenue, decreasing 3.5% organically, demand increased for two of our top five customers all other customers increased 32.5% organically.
AT&T was our largest customer at 23.4% of total revenue or $199.5 million.
AT&T grew 68% organically this was our third consecutive quarter of organic growth with AT&T.
Revenue from Comcast was $121 million or 14.2% of revenue, Comcast was Dycom's second largest customer.
Lumen was our third largest customer at 12.1% of revenue or $103 million.
Verizon was our fourth largest customer at $93.4 million or 10.9% of revenue.
And finally revenue from Frontier was $41.3 million or 4.8% of revenue.
Frontier grew 118.6% organically.
Of note, fiber construction revenue from electric utilities was $53.7 million in the quarter and increased organically 75.3% year-over-year.
Backlog at the end of the third quarter was $5.896 billion versus $5.895 billion at the end of the July '21 quarter, essentially flat.
Of this backlog approximately $2.938 billion is expected to be completed in the next 12 months.
Headcount increased during the quarter to 14,905.
Contract revenues were $854 million and organic revenue increased 6.6% for the quarter.
Storm work performed in Q3 of last year was $8.9 million, compared to none in Q3 '22.
Adjusted EBITDA was $83.1 million or 9.7% of revenue, gross margins of 17.3%, decreased 140 basis points from the year ago period.
As expected this decrease reflected higher fuel costs of approximately 50 basis points, as well as the impact from revenue declines from several large customers.
G&A expense was at 7.8% of revenue and came in approximately 40 basis points better than our expectations from improved operating leverage.
Non-GAAP adjusted net income was $0.95 per share, compared to $1.6 per share in the year ago period.
Q3 '22, included approximately $3 million or $0.10 per share of incremental tax benefits for credits related to tax filings for prior periods.
In September, we repaid the final balance of $58.3 million of the convertible notes at maturity.
We ended the quarter with $500 million of senior notes, $350 million of term loan and no revolver borrowings.
Cash and equivalents were $263.7 million and liquidity was solid at $314.7 million.
Operating cash flows were strong at $104.3 million in the quarter, capital expenditures were $44.1 million net of disposal proceeds and gross capex was $45.1 million.
For the full-year of fiscal 2022, capital expenditures, net of disposals are now expected to range from $135 million to $150 million, an increase of $10 million to $25 million, compared to the high end of approximately $125 million in the prior outlook provided in Q2 '22.
The combined DSOs of accounts receivable and net contract assets were at 113 days, an improvement of 12 days sequentially from Q2 '22, as we made substantial progress on a large customer program.
Q4 of last fiscal year included 14-weeks of operations, due to the company's 52, 53-week fiscal year and also included $5.7 million of revenues from storm restoration services.
Non-GAAP contract revenues adjusted for these amounts in Q4 '21 was $691.8 million.
For Q4 of fiscal '22, there will be 13-weeks of operations and the Company expects contract revenues to increase modestly, as compared to the non-GAAP organic contract revenues of $691.8 million in Q4 '21.
Total interest expense is expected at approximately $8.8 million during Q4, and we expect a non-GAAP effective income tax rate of approximately 27%.

Summary:
General and administrative expenses were 7.8% of revenue and all of these factors produced adjusted EBITDA of $83.1 million or 9.7% of revenue and adjusted earnings per share of $0.95, compared to earnings per share of $1.6 in the year ago quarter, included in adjusted earnings per share our incremental tax benefits of $0.10 per share for credits related to tax filings for prior periods.
Non-GAAP adjusted net income was $0.95 per share, compared to $1.6 per share in the year ago period.
Non-GAAP contract revenues adjusted for these amounts in Q4 '21 was $691.8 million.
For Q4 of fiscal '22, there will be 13-weeks of operations and the Company expects contract revenues to increase modestly, as compared to the non-GAAP organic contract revenues of $691.8 million in Q4 '21.