Tennant Co. (TNC) Reports In-Line Q1 EPS
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Tennant Company Reports 2016 First Quarter Results
April 25, 2016 8:45 AM EDT
First quarter net sales of $179.9 million and diluted EPS of $0.25;
Gross
margin rose 110 basis points to 43.1 percent;
Company
reaffirms 2016 full year guidance range
MINNEAPOLIS--(BUSINESS WIRE)-- Tennant Company (NYSE: TNC), a world leader in designing, manufacturing and marketing of solutions that help create a cleaner, safer, healthier world, today reported net earnings of $4.4 million, or $0.25 per diluted share, on net sales of $179.9 million for the first quarter ended March 31, 2016. On a Constant Currency basis (assuming no change in foreign exchange... More
