earnings
confidence high
sentiment positive
materiality 0.75
Enerpac Q1 net sales $142M (+1.9% YoY), adj EBITDA margin 24.6% (+550 bps), reaffirms FY guidance
ENERPAC TOOL GROUP CORP
2024-Q1 EPS reported
$0.32
revenue$141,970,000
- Net sales $142M, +1.9% YoY; organic growth +5.5%.
- GAAP gross margin 52.3% (+360 bps); adj operating margin 22.8%.
- Net earnings $18M ($0.33 EPS); adj EBITDA $35M (+31% YoY).
- Full-year fiscal 2024 guidance affirmed; no specific numbers updated.
- Returned ~$26M to shareholders via share repurchases during quarter.