Chart Industries Q1 record backlog $3.9B; raises 2023 sales & EBITDA guidance

CHART INDUSTRIES INC

2023-Q1 EPS reported -$0.52 revenue$537,900,000

Sales $537.9M record; adjusted EBITDA $102.2M (19.0% margin), record for Q1.
Adjusted diluted EPS $1.41 vs reported ($0.46); Howden acquisition costs impacted.
Raised 2023 sales outlook to $3.66-3.80B and adj. EBITDA to $780-810M.
Record backlog $3.9B; orders $747.7M with broad-based demand across segments.
Achieved $50.9M annualized cost synergies from Howden; net leverage 4.08X.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CHART INDUSTRIES INC updated its first quarter ended March 31, 2023 guidance (raised).

Period: first quarter ended March 31, 2023
Guidance: raised
Result: reported results

Exact text from the filing

On April 28, 2023, Chart Industries, Inc. (the “Company”) issued a news release announcing the Company’s financial results for the first quarter ended March 31, 2023, as well as supplemental information for the first quarter ended March 31, 2023.

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CHART INDUSTRIES INC filing history →

Source: SEC EDGAR

accession 0000892553-23-000072

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