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0 0 -0.00205720020070244 0 0.00220772704465629 -0.00331159056698443 0.000150526843953844 0.0163572503763171
Stock impact report

Tennant Co (TNC) Reports Record Earnings, Surges in Net Sales and Net Income [Yahoo! Finance]

Tennant Company (TNC) 
Last tennant company earnings: 2/20 08:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Net Income : Full-year net income soared by 65.2% to $109.5 million compared to the previous year. Diluted EPS : Reported a significant rise in diluted EPS to $5.83, a 64.2% increase year-over-year. Adjusted EBITDA : Full-year adjusted EBITDA grew by 44.3% to $192.9 million, with margin expansion of 330 basis points. Free Cash Flow : Demonstrated strong net income to free cash flow conversion, with $188.4 million in operating cash flow. Debt Repayment : Strengthened financial position by repaying $100.0 million of debt, reducing net leverage ratio to 0.43x adjusted EBITDA. 2024 Guidance : Introduced full-year guidance with organic net sales growth targeted between 2% and 4%. Warning! GuruFocus has detected 4 Warning Sign with TNC. On February 22, 2024, Tennant Co ( NYSE:TNC ) released its 8-K filing , announcing record financial results for the fourth quarter and full year of 2023. The company, a leading manufacturer of floor cleaning equipment and solutions, reported a Show less Read more
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