Tennant Co Q1 FY2024 Earnings Call

Tennant Co (TNC)

Earnings Call FY2024 Q1 Call date: 2024-05-03 Concluded

Quarter scorecard

Revenue

$311.00M

+1.7% YoY

Diluted EPS

$1.49

+14.6% YoY

Gross margin

44.2%

+3.2 pp YoY

Net income

$28.40M

+16.9% YoY

Equipment Sales $189.80M

+1.8%

Parts and Consumables $70.60M

-3.8%

Service and Other $50.60M

+10%

Buybacks

$1.10M