Tennant Company Reports First Quarter 2024 Results [Yahoo! Finance]
Tennant Company (TNC)
Last tennant company earnings: 2/20 08:30 am
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US:NYSE Investor Relations:
investors.tennantco.com/overview/default.aspx
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Source: Yahoo! Finance
MINNEAPOLIS, May 03, 2024 BUSINESS WIRE )--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended March 31, 2024. (In millions, except per share data) Three Months Ended March 31, Increase Net sales Net income Diluted EPS Adjusted diluted EPS Adjusted EBITDA Adjusted EBITDA margin % 200 bps Highlights Delivered net sales of $311.0 million for the first quarter of 2024, an increase of 1.7% from the first quarter of 2023, or 0.9% on an organic basis, driven primarily by strong pricing realization. Achieved Adjusted EBITDA of $54.9 million in the first quarter of 2024, compared to $47.9 million in the prior-year period, an increase of $7.0 million. Adjusted EBITDA margin of 17.7% improved 200 basis points primarily due to gross margin improvements partially offset by higher selling and administrative expenses. Acquired TCS EMEA GmbH ("TCS"), Tennant Company's largest Central and Eastern Europe distr
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News
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- Tennant Company Appoints New Board MemberBusiness Wire
- Tennant (NYSE: TNC) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Tennant Company Announces Grand Prize Winner in Fifth Annual Custodians Are Key ProgramBusiness Wire
TNC
Earnings
- 5/3/24 - Beat
TNC
Sec Filings
- 6/10/24 - Form 4
- 5/30/24 - Form SD
- 5/23/24 - Form 144
- TNC's page on the SEC website