Tennant Co. (TNC) Misses Q1 EPS by 14c, Updates Guidance
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Tennant Company Reports 2022 First Quarter Results
April 28, 2022 9:00 AM EDTFirst quarter net income of $10.3 million on net sales of $258.1 million, representing 0.8% organic sales growth Continued strong market demand results in record sales backlog First quarter adjusted EBITDA of $27.9 million, or 10.8% of sales; adjusted diluted EPS of $0.73 Company updates 2022 GAAP earnings guidance in range of $4.15 to $4.75 per diluted share and adjusted EBITDA of $140 million to $155 million
MINNEAPOLIS--(BUSINESS WIRE)-- Tennant Company (Tennant or the Company) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a... More
