Question-and-Answer Session
Now, I'll refer you to slide three. I'll turn the call over to Brian Ferraioli, our Chief Financial Officer.
Brian Ferraioli
Thank you, Chris. Good morning everyone, and thank you for joining us. As you see on slide three, we had a very strong quarter, measured in terms of both EBITDA net income, and obviously, earnings per share for the quarter. We also had record operating cash flow and we ended our fiscal year at the end of August with a record cash balance.
During the fourth quarter, however, we did uncover a cost increase on one of our projects and then reviewing the cost increase on that project in the fossil & nuclear group. We discovered that there were certain errors that will require us to restate the second and third quarters of fiscal 2008.
Going over to page four, I'll try to walk you through the new information that has come out in the fourth quarter prior to the restatement, and then we'll move on to the restatement and then the actual GAAP number.
So on slide four, this is the new information since the third quarter, when we last spoke.. We had a very strong quarter for net income and earnings per share, even with a $59 million pre-tax profit reversal on the project I mentioned previously.
The quarterly performance was led again by our F&M group, and E&C, and we had very strong and steady performance out of our E&I segment. If you look at the revenue, $1.8 billion for the year, up 11% from the same period from a year ago, if you look at the gross profit, 7.8% again, a rise from the year before. Again, this is with the full profit reversal on the coal project that I mentioned prior to any restatement.
The coal project was partially offset by a reduction in our incentive compensation. We also benefited from an improved tax rate during the quarter.
We had record operating cash flow and that was led by our fossil & nuclear and E&C segments. The Westinghouse segment continues to have volatility with the translation of the yen denominated debt. We had a $36.5 million gain for the quarter, and that's included in the EBITDA number for the Westinghouse segment, the $40.3 that you see on the page.
Turning to page five, looking at the segment, again, prior to any restatement of the prior quarters, Fossil & nuclear had a record volume of revenues. You see the gross profit is reflective of the charge that we've discussed.
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