secwatch.observer — SEC 8-K summary
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Issuer:     TENNANT CO (TNC)
CIK:        0000097134
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0000097134-25-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tennant Q4 GAAP net income drops 78.7% to $6.6M; FY sales and adjusted EBITDA hit records
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- Full-year net sales $1,286.7M (+3.5%); adjusted EBITDA $208.8M (+8.2%) with margin 16.2% (+70bps).
- Q4 net sales $328.9M (+5.6%); diluted EPS $0.35 (from $1.64); adjusted diluted EPS $1.52 (down 20.8%).
- Board authorized new share repurchase of up to 2M shares; ~580K remaining under prior program.
- Launched new X6 ROVR autonomous scrubber, available Q2 2025; introduced full-year 2025 guidance (no specific numbers provided).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/97134/000009713425000003/0000097134-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/97134/000009713425000003/tnc-20250217.htm
  HTML page:      https://secwatch.observer/filing/0000097134-25-000003

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