Tennant Co. (TNC) Tops Q2 EPS by 29c, Updates FY Guidance

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Go back to Tennant Co. (TNC) Tops Q2 EPS by 29c, Updates FY Guidance

Tennant Company Reports 2018 Second Quarter Results

July 25, 2018 8:45 AM EDT

Net sales of $292.2 million in the second quarter, up 7.9 percent

Organic sales rose 5.2 percent, reflecting growth across all geographic regions

Second quarter GAAP diluted earnings per share of $0.69; Adjusted EPS excluding special items of $0.82

Adjusted EBITDA of $35.7 million, or 12.2 percent of sales, up 120 basis points

Cash flow from operations of $20.4 million

Company increases 2018 full year guidance ranges for net sales, adjusted net earnings and adjusted EBITDA

MINNEAPOLIS--(BUSINESS WIRE)--... More