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Stock impact report

Chart Industries Reports First Quarter 2024 Financial Results

Chart Industries, Inc. (GTLS) 
Last chart industries, inc. earnings: 4/23 06:00 am Check Earnings Report
Company Research Source: GlobeNewswire
ATLANTA, May 03, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”) today reported results for the first quarter ended March 31, 2024. Results shown are from continuing operations. When referring to any comparative period, all metrics are pro forma for continuing operations of the combined business of Chart and Howden, unless noted otherwise. First quarter 2024 highlights compared to first quarter 2023, pro forma: Orders, backlog, sales, reported and adjusted gross margin, reported and adjusted operating margin, reported and adjusted EBITDA and associated EBITDA margin were all the highest in any first quarter in our historyOrders of $1.12 billion, an increase of 4.3% which contributed to record backlog of $4.33 billionSales of $950.7 million, an increase of 17.4%; pro forma organic growth of 18.3% net of a foreign exchange headwind of (0.9%)Reported gross margin of 31.8%, an increase of 260 basis points (“bps”)Reported operating income of $112.9 milli Show less Read more
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