Tennant Co. (TNC) Tops Q2 EPS by 76c

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Tennant Company Reports 2020 Second-Quarter Results

July 30, 2020 9:00 AM EDT

Net sales of $214.0 million, decrease of 27.2 percent organically

Second-quarter GAAP net income of $14.3 million, or $0.77 diluted earnings per share; adjusted diluted EPS of $0.96 per share

Adjusted EBITDA of $35.3 million, or 16.5 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 second-quarter results for 2020. For the second... More