Tennant Co. (TNC) Reports In-Line Q4 EPS, Revenue Beats, Offers Guidance

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Tennant Company Reports 2017 Fourth Quarter and Full Year Results

February 22, 2018 8:45 AM EST

Net sales of $279 million in the fourth quarter, up approximately 32 percent; Organic sales rose 2.1 percent. Full year net sales eclipsed $1 billion for first time

Fourth quarter loss per share of $(0.18) includes special items totaling $0.52 per share; Adjusted EPS of $0.34; Full year GAAP EPS loss of $(0.35) and Adjusted EPS of $1.54

Reduced debt an additional $15 million in the fourth quarter

Company provides 2018 full year net sales and earnings outlook

MINNEAPOLIS--(BUSINESS WIRE)-- Tennant Company (NYSE:... More