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Stock impact report

Hayward Holdings Announces Fourth Quarter and Full Year 2023 Financial Results and Introduces 2024 Guidance

Hayward Holdings, Inc. (HAYW) 
Company Research Source: Business Wire
FOURTH QUARTER FISCAL 2023 SUMMARYNet Sales increased 8% year-over-year to $278.5 millionNet Income increased 94% year-over-year to $31.0 millionAdjusted EBITDA* increased 42% year-over-year to $75.7 millionDiluted EPS increased 100% year-over-year to $0.14Adjusted diluted EPS* increased 82% year-over-year to $0.20FULL FISCAL YEAR 2023 HIGHLIGHTSNet Sales decreased 24% year-over-year to $992.5 millionNet Income decreased 55% year-over-year to $80.7 millionAdjusted EBITDA* decreased 33% year-over-year to $247.3 millionDiluted EPS of $0.37 and adjusted diluted EPS* of $0.56Strong cash flow from operations of $184.5 million CHARLOTTE, N.C.--(BUSINESS WIRE)--Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward” or the “Company”), a global designer, manufacturer, and marketer of a broad portfolio of pool and outdoor living technology, today announced financial results for the fourth quarter and full fiscal year ended December 31, 2023.CEO COMMENTS“Our fourth quarter results were consistent wit Show less Read more
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