earnings
confidence high
sentiment positive
materiality 0.75
CSW Industrials reports record Q2 revenue $191.2M, EPS up 37% to $1.57, raises FY guidance
CSW INDUSTRIALS, INC.
2023-Q2 EPS reported
$3.45
revenue$391,126,000
- Revenue $191.2M (+23% YoY); organic growth 16% ($24.5M); all three segments contributed.
- Diluted EPS $1.57 (+37% YoY); net income $24.3M (+34%); no adjustments in either period.
- EBITDA $43.9M (+29%); margin 23.0% vs 21.9% YoY; raised FY revenue growth ~20%, EBITDA margin ~22%.
- Closed acquisitions of Cover Guard, AC Guard, and Falcon Stainless for aggregate $58.1M.
- Declared $0.17 quarterly dividend (payable Nov 14); repurchased 335k shares for $35.6M in H1.