Highest-materiality recent filing
Tennant Q1 net income sinks 98.5% to $0.2M; adjusted EPS $0.58, down 48%
Net sales $297.9M (+2.7% YoY); net income $0.2M (-98.5%); diluted EPS $0.01 (-98.6%).
Tennant Q4 net loss $4.4M, adjusted EPS $0.48 (includes $0.91 ERP hit); full-year sales down 6.5%
Q4 net loss $4.4M, diluted EPS -$0.23; adjusted EPS $0.48 vs $1.52 a year ago.
Tennant appoints two new directors, enters cooperation agreement with Vision One Fund
James T. Glerum, Jr. and Patrick Allen appointed as independent directors, board expands to 11.
Tennant Q3 sales down 4%; adjusted EPS up 5%; dividend raised 5.1% to $0.31
Net sales $303.3M, down 4.0% YoY (organic -5.4%); diluted EPS $0.80 vs $1.09.
Tennant Q2 net sales $319M (-3.7% YoY), EPS $1.08 adj $1.49, reaffirms 2025 guidance
Net sales $318.6M, down 3.7% YoY; diluted EPS $1.08 (adj $1.49); net income $20.2M (-27.6%).
Tennant Q1 revenue down 6.8% to $290M; diluted EPS $0.69 vs $1.49; reaffirms guidance
Net sales $290M, down 6.8% YoY (organic -5.0%), lapping a $50M backlog-reduction benefit in prior year.
Tennant Q4 GAAP net income drops 78.7% to $6.6M; FY sales and adjusted EBITDA hit records
Full-year net sales $1,286.7M (+3.5%); adjusted EBITDA $208.8M (+8.2%) with margin 16.2% (+70bps).
Tennant Q3 net sales $315.8M (+3.6%), adj. EPS $1.39 (+3.7%); dividend raised 5.4%
GAAP diluted EPS $1.09 (-9.9% YoY); adjusted diluted EPS $1.39 (+3.7% YoY).
Tennant Q2 sales up 2.9% to $331M, raises FY24 guidance for net sales and EBITDA
Net sales $331.0M (+2.9% YoY); net income $27.9M (-10.9%), diluted EPS $1.45 (-13.7%).
Tennant Q1 EPS $1.49, adj. EPS $1.81; sales up 1.7%; reaffirms FY guidance
Net sales $311M (+1.7% YoY); net income $28.4M (+16.9%); diluted EPS $1.49 vs $1.30.
On May 13, 2024, the Board of Directors (the “Board”) of Tennant Company (the “Company”) elected Mark W. Sheahan as a member of the Board effective May 15, 2024.
Max materiality 0.80 · Median 0.65 · Most common event earnings