Crawford United Q1 sales $38.4M, net income $3.0M declines YoY; sequential sales up $4.6M

CRAWFORD UNITED Corp

2024-Q1 EPS reported $0.85 revenue$38,439,639

Sales of $38.4M, down 2.6% YoY from $39.5M; net income $3.0M ($0.85 EPS) vs $3.4M ($0.97) prior year.
Operating income declined 10.6% to $4.6M; EBITDA As Defined $6.7M vs $6.9M (down 3.4%).
Sequential sales improved $4.6M from Q4 2023, driven by strategic opportunities.
CEO cites well-positioned for acquisitions and increased profitability.

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 0.95

CRAWFORD UNITED Corp reported the quarter ended March 31, 2024 results: revenue $ 38.4 million, net income $3.0 million, EPS $ 0.85 per fully diluted share.

Period: the quarter ended March 31, 2024
Revenue: $ 38.4 million
Net income: $3.0 million
EPS: $ 0.85 per fully diluted share
Result: reported results

Exact text from the filing

Crawford United Corporation Announces First Quarter 2024 Results ● Sales of $ 38.4 million for the quarter ● $4.6 million sequential increase in sales from prior quarter ● Net income of $3.0 million ● Earnings per share of $ 0.85

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Source: SEC EDGAR

accession 0001437749-24-013829

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