earnings
confidence high
sentiment positive
materiality 0.75
CSWI reports record Q1 FY2024: revenue $203.4M, EPS $1.97, EBITDA up 10%
CSW INDUSTRIALS, INC.
2024-Q1 EPS reported
$1.97
revenue$203,360,000
- Revenue $203.4M (+2% YoY) driven by $5.1M from acquisitions; organic revenue down $1.7M.
- Net income $30.6M (+4%); diluted EPS $1.97 (+5%); EBITDA $54.4M (+10%, margin 26.8%).
- Cash from operations $50.3M (+199%); debt reduced $43M; leverage ratio 1.1x.
- Contractor Solutions segment revenue $140M (+1.7%), operating margin 28.3%.
- Quarterly dividend $0.19/share declared, payable Aug 11, 2023; record date Jul 28.