secwatch.observer — SEC 8-K summary
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Issuer:     TENNANT CO (TNC)
CIK:        0000097134
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0000097134-23-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/97134/000009713423000029/0000097134-23-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/97134/000009713423000029/tnc-20230428.htm
  HTML page:      https://secwatch.observer/filing/0000097134-23-000029

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