Generac Holdings (GNRC) Tops Q3 EPS by 35c, Revenues Beat; Boosts FY18 Revenue Growth Outlook

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Go back to Generac Holdings (GNRC) Tops Q3 EPS by 35c, Revenues Beat; Boosts FY18 Revenue Growth Outlook

Generac Reports Third Quarter 2018 Results

November 1, 2018 6:01 AM EDT

Strong execution drives record quarterly results; Raising outlook for remainder of 2018

WAUKESHA, Wis., Nov. 01, 2018 (GLOBE NEWSWIRE) -- Generac Holdings Inc. (NYSE: GNRC) (Generac or the Company), a leading global designer and manufacturer of power generation equipment and other engine powered products, today reported financial results for its third quarter ended September 30, 2018.    

Third Quarter 2018 Highlights

Net sales increased 22.7% to $559.5 million during the third quarter of 2018 as compared to $455.8 million in the prior-year third quarter, including $13.4 million of contribution from the Selmec acquisition, which closed on June 1, 2018.  Core sales growth, which... More