Tennant Co. (TNC) Tops Q2 EPS by 5c, Offers Guidance

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Tennant Company Reports 2022 Second Quarter Results

August 9, 2022 9:00 AM EDT

Net sales of $280.2 million, representing 4.4% organic sales growth Strong market demand and continuing supply-chain constraints result in increased sales backlog Second quarter adjusted EBITDA of $30.3 million, or 10.8% of sales; adjusted diluted EPS of $0.92 Company confirms guidance for full-year 2022 net sales of $1,125 million to $1,170 million and for full-year adjusted EBITDA of $140 million to $155 million

MINNEAPOLIS--(BUSINESS WIRE)-- Tennant Company (Tennant or the Company) (NYSE: TNC), a global leader in the design, manufacture and marketing of solutions that help create a... More