Tennant Co. (TNC) Tops Q1 EPS by 9c, Revenues Miss; Affirms FY19/Revenue Guidance

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Tennant Company Reports 2019 First-Quarter Results

April 30, 2019 9:00 AM EDT

Net sales of $262.5 million in the first quarter

First-quarter GAAP diluted earnings per share of $0.29; adjusted diluted EPS of $0.49 per share

Adjusted EBITDA growth of 17 percent to $29.5 million, up 200 basis points to 11.2 percent of sales

Company reaffirms 2019 guidance for net sales, Adjusted EBITDA and EPS

MINNEAPOLIS--(BUSINESS WIRE)-- Tennant Company (Tennant) (NYSE: TNC), a world leader in designing, manufacturing and marketing of solutions that help create a cleaner, safer, healthier world, today reported first quarter 2019 results. For the... More