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This performance was primarily driven by a higher yield from cost management initiatives and a non-recurring benefit related to the settlement of a legal matter, which added 30 basis points to the margin. year to year organically as services revenue was down 8% in line with prior quarter, and resale declined 19%. Thank you, guys.
As I mentioned before, and it's even more clear to me now, there were missed opportunities in the past to rationalize systems, processes, legal entities, go-to-market, and delivery functions. Modern Workplace organic revenue declined year to year in the mid-teens impacted by resale revenue, which was down 30%.
Finally, Q3 industrial resales of $236 million declined 3% year on year, reflecting weak demand in China. And in Q4, though, we expect an improvement with industrial resales up low single-digit percentage year on year, reflecting largely seasonality. In the U.S., merger regulations. The Motley Fool recommends Broadcom.
While resale revenues performed as expected, down 28% year over year, services revenue declined 8% helped by higher-than-anticipated in-quarter volumes. The lower mix of resale revenue also contributed to the year-to-year margin improvement. Moving to GIS. Profit margin expanded over two points to 7.3%. The book-to-bill ratio was 0.67
year to year organically and services revenue was down approximately 7% and resale fell approximately 16%. On a sequential basis, the GIS profit margin declined 170 basis primarily due to the hardware asset charge and last quarter's discrete benefit related to the settlement of a legal matter. The book-to-bill ratio of 1.51
million, up 2% compared to the third quarter of 2023 due to higher employee-related expenses and increased legal costs related to the antitrust lawsuit. resale -- 3.8 million resales with 700,000 new construction, we could hopefully see somewhere in that 4 million, 4.5 Drilling down into our Q3 expenses.
Professional homebuilders and real estate developers are excluded from being forced to comply with the marketing restrictions Clear Cooperation places on individual homeowners in the resale market, which puts individual homeowners at a disadvantage. Legal pressure continues to mount on private party litigation.
Our finance, accounting, legal, and real estate investment teams have had a busy year-end and beginning of 2024, closing over $1.2 And those immigrants tend to -- and this is legal immigration, I'm not a pining on border or anything like that, but it's -- so that's helped us, too. billion in refinancing of sales transactions.
To grow revenue and earn a full-year adjusted EBITDA profit in a more challenging market, we're now integrating rents and Redfin, human resources, finance, and legal departments, as well as technology infrastructure. I think some of this is about legal and regulatory compliance. million in adjusted EBITDA. area market in Seattle.
To ensure our customer is compliant with all legal and regulatory requirements we are digitizing around 20 million images from 8,000 boxes stored with Iron Mountain over the next three years. Has there been any move to kind of diversify your end markets to resale beyond China to help reduce the concentration there?
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