Tennant Co. (TNC) Tops Q1 EPS by 8c

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Tennant Company Reports 2020 First-Quarter Results

May 6, 2020 9:00 AM EDT

Net sales of $252.1 million, decrease of 2.4 percent organically

First-quarter GAAP net income of $5.2 million, or $0.28 diluted earnings per share; adjusted diluted EPS of $0.57 per share

Adjusted EBITDA of $26.1 million, or 10.4 percent of sales

Strong cash and liquidity position

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