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Stock impact report

Generac Reports First Quarter 2024 Results

Generac Holdlings Inc. (GNRC) 
Last generac holdlings inc. earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.generac.com
Company Research Source: GlobeNewswire
WAUKESHA, Wis., May 01, 2024 (GLOBE NEWSWIRE) -- Generac Holdings Inc. (NYSE: GNRC) (“Generac” or the “Company”), a leading global designer and manufacturer of energy technology solutions and other power products, today reported financial results for its first quarter ended March 31, 2024 and provided an update on its outlook for the full-year 2024. First Quarter 2024 Highlights Net sales increased to $889 million during the first quarter of 2024 as compared to $888 million in the prior-year first quarter. Core sales, which excludes both the impact of acquisitions and foreign currency, was down approximately 1% from the prior year period. Residential product sales increased approximately 2% to $429 million as compared to $419 million last year.Commercial & Industrial (“C&I”) product sales decreased approximately 2% to $354 million as compared to $363 million in the prior year. Net income attributable to the Company during the first quarter was $26 million, or $0.39 per share, as c Show less Read more
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