Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
LAKELAND INDUSTRIES INC reported fiscal 2024 first quarter ended April 30, 2023 results: revenue $28.7 million, net income $1.3 million, EPS $0.18 per basic common share.
- Period
- fiscal 2024 first quarter ended April 30, 2023
- Revenue
- $28.7 million
- Net income
- $1.3 million
- EPS
- $0.18 per basic common share
- Result
- reported results
Exact text from the filing
Lakeland Industries, Inc. Reports Fiscal 202 4 First Quarter Financial Results Net sales of $28.7 million and gross margin of 43.4% Strong growth in high-value, strategic product lines, led by 103% increase in Fire HUNTSVILLE, AL / ACCESSWIRE / June 7, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the “Company” or “Lakeland”), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, today announced financial results for its fiscal 2024 first quarter ended April 30, 2023. Fiscal 2024 First Quarter Financial Results Highlights · Net sales of $28.7 million, up 5.2% year-over-year · Gross margin of 43.4%, compared to 40.5% in the prior year period · Net income of $1.3 million or $0.18 per basic common share in 1Q24 · Adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA)* of $2.8 million in 1Q24, compared to $2.3 million in 1Q23
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