earnings
confidence high
sentiment positive
materiality 0.75
CSW Industrials reports record Q1 revenue of $199.9M, EPS $1.88 (+26% YoY), raises FY guidance
CSW INDUSTRIALS, INC.
2023-Q1 EPS reported
$1.88
revenue$199,934,000
- Revenue $199.9M (+24% YoY); organic growth $30.1M (78% of total); all three segments record quarterly revenue.
- GAAP net income $29.4M vs $20.5M; diluted EPS $1.88 vs $1.30; no adjustments in current quarter.
- EBITDA $49.5M (+21% YoY); margin 24.8%; raises FY guidance to high-teens revenue growth and EBITDA margin >20%.
- Contractor Solutions revenue $137.6M (+24.8%); operating income $36.3M; segment margin 26.4%.
- Repurchased 287,990 shares for $30.5M during Q1; declared $0.17/sh quarterly dividend payable Aug 12.