- Tennant press launch (NYSE:TNC): Q2 Non-GAAP EPS of $1.83 beats by $0.11.
- Income of $331M (+2.9% Y/Y) beats by $4M.
- Achieved Adjusted EBITDA of $58.6 million, a rise of $1.0 million, primarily attributable to robust gross sales development.
- Generated working money move of $18.6 million and returned $13.3 million to Tennant shareholders by dividends and share repurchases.
- The Firm elevated its full-year 2024 steering and now expects web gross sales to be between $1,280 million and $1,305 million vs. $1.28B consensus (prior $1,270 – $1,295) and Adjusted EBITDA to be between $205 million and $215 million.
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