Generac reports preliminary Q3 net income $58M; cuts FY22 revenue growth guidance to 22-24% from 36-40%

GENERAC HOLDINGS INC.

2022-Q3 EPS reported $4.61 revenue$3,515,505,000

Preliminary Q3 net sales $1.09B (+15% YoY); net income $58M ($0.83/sh) vs $132M ($1.93/sh) prior year.
Includes $55M pre-tax charges: $37M clean energy warranty, $18M bad debt from customer bankruptcy.
Preliminary adjusted net income $112M ($1.75/sh); adjusted EBITDA $184M (17% margin) vs 22% prior year.
Full-year 2022 guidance cut: net sales growth 22-24% (from 36-40%); net income margin 9-10% (from 13-14%).
Home standby order headwinds expected through H1 2023 as channel partners work down inventories.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.