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Stock impact report

ParkOhio Announces Strong Third Quarter 2024 Results [Yahoo! Finance]

Park-Ohio Holdings Corp. (PKOH) 
Last park-ohio holdings corp. earnings: 3/11 04:27 pm Check Earnings Report
US:NASDAQ Investor Relations: pkoh.com/investor-relations
Company Research Source: Yahoo! Finance
GAAP EPS from continuing operations improved to $1.02 per diluted share compared to $0.99 in Q3 2023 Adjusted EPS from continuing operations was $1.07 per diluted share, up 8% vs. $0.99 in Q3 2023 EBITDA, as defined was $39 million, 9.2% of net sales Significantly increased liquidity resulting from debt repayments of $23 million CLEVELAND, OHIO, November 06, 2024 BUSINESS WIRE )--Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the third quarter of 2024. "We are pleased with the performance of our Company during the third quarter. While demand was stable overall, we continue to see challenges in some of our varied end markets. Regardless, we delivered improved profitability and additional progress towards our margin and debt reduction goals. We anticipate modest growth to return in the fourth quarter and into 2025, as well as continued progress on our debt reduction initiatives," said Matthew V. Crawford, Chairman and Chief Executive Officer. THIRD Show less Read more
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