Tennant Co. (TNC) Tops Q1 EPS by 12c

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Tennant Company Reports 2018 First Quarter Results

April 23, 2018 8:45 AM EDT

Net sales of approximately $273 million in the first quarter

Organic sales rose 6.5 percent, as a result of growth in all geographic regions

First quarter GAAP diluted earnings per share of $0.18; Adjusted EPS excluding special items of $0.27

Adjusted EBITDA of approximately $25 million, or 9.2 percent of sales, up 240 basis points

Company updates 2018 full year net sales, earnings and EBITDA outlook

MINNEAPOLIS--(BUSINESS WIRE)-- Tennant Company (Tennant) (NYSE: TNC), a world leader... More