---
schema_version: "secwatch.filing_event.v1"
accession: "0000097134-23-000029"
form_type: "8-K"
ticker: "TNC"
cik: "0000097134"
company_name: "TENNANT CO"
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T07:39:15.144013+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tennant Q1 net income $24.3M, record sales $305.8M (+18.5% YoY); reaffirms guidance

## Summary
- Diluted EPS $1.30; adjusted diluted EPS $1.45.
- Organic sales growth 21.0% with all major geographies positive.
- Adjusted EBITDA $47.9M (15.7% of sales), up 71.7% YoY.
- Quarterly dividend $0.265/share payable June 15, 2023 to holders of record May 31.
- FY 2023 guidance reaffirmed: sales $1,115M-1,155M, Adj EBITDA $140M-160M.

## SEC filing metadata
- accession: 0000097134-23-000029
- form_type: 8-K
- ticker: TNC
- cik: 0000097134
- company_name: TENNANT CO
- filed_at: 2023-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/97134/000009713423000029/0000097134-23-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/97134/000009713423000029/tnc-20230428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000097134-23-000029
- JSON: https://secwatch.observer/filing/0000097134-23-000029.json
- Plain text: https://secwatch.observer/filing/0000097134-23-000029.txt

## Key facts
- Earnings Releases
  TENNANT CO reported Three Months Ended March 31, 2023 results: revenue $305.8 million, net income $24.3 million, EPS $1.30 per diluted share. Guidance reaffirmed.
  - Period: Three Months Ended March 31, 2023
  - Revenue: $305.8 million
  - Net income: $24.3 million
  - EPS: $1.30 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: First quarter net income of $24.3 million on record net sales of $305.8 million, representing 18.5% sales growth, or 21.0% on an organic basis, and earnings per diluted share of $1.30
  evidence_url: https://www.sec.gov/Archives/edgar/data/97134/000009713423000029/0000097134-23-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.