Douglas Dynamics Q3 net sales +30.1% to $166.1M; guides FY2022 higher

DOUGLAS DYNAMICS, INC

2022-Q3 EPS reported $1.14 revenue$456,262,000

Net income rose 88.9% to $13.3M ($0.56 diluted EPS); adjusted EPS $0.57.
Adjusted EBITDA increased 62.2% to $25.1M; margin expanded to 15.1% from 12.1%.
Both segments grew: Work Truck Attachments +33.0%, Work Truck Solutions +25.1%.
FY2022 guidance raised: net sales $600-630M; adjusted EBITDA $80-95M; adj. EPS $1.65-2.05.
Paid quarterly dividend of $0.29 per share on Sept 30, 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DOUGLAS DYNAMICS, INC reported the third quarter ended September 30, 2022 results: revenue $166.1 Million, net income $13.3 million, EPS $0.56. Guidance raised.

Period: the third quarter ended September 30, 2022
Revenue: $166.1 Million
Net income: $13.3 million
EPS: $0.56
Guidance: raised
Result: reported results

Exact text from the filing

Highlights: ● Net Sales of $166.1 Million, a 30.1% increase compared to 3Q21 ● Net Income increased 88.9% to $13.3 million, or $0.56 of Diluted EPS

View on SEC.gov

Browse all earnings releases →

DOUGLAS DYNAMICS, INC filing history →

Source: SEC EDGAR

accession 0001437749-22-025205

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.