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Tennant Company Reports First Quarter 2025 Results [Yahoo! Finance]

Tennant Company (TNC) 
Last tennant company earnings: 2/20 08:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Returned $25.8 Million to Shareholders Reaffirms Guidance MINNEAPOLIS, April 30, 2025 BUSINESS WIRE )--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended March 31, 2025. (In millions, except per share data) Three Months Ended March 31, Incr / (Decr) Net sales Net income Diluted EPS Adjusted diluted EPS Adjusted EBITDA Adjusted EBITDA margin % (360 bps Highlights Delivered net sales of $290.0 million for the first quarter of 2025, reflecting a 6.8% decrease from the first quarter of 2024, or a 5.0% organic decline, driven by volume declines across all geographies, particularly in North America, which was lapping a $50 million backlog-reduction benefit in the prior-year period. Base business remains strong as order rates increased 13% compared to the first quarter of 2024. Achieved Adjusted EBITDA (a) of $41.0 million, a decrease of $13.9 million compared to the first quarter of 2024. Adj Show less Read more
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