Tennant reports Q4 EPS $1.92, consensus $1.25

Reports Q4 revenue $311.4M, consensus $309.97M.”We are pleased to report Tennant’s strong fourth-quarter results, continuing the trend of positive results over the past six quarters,” said Dave Huml, Tennant president and chief executive officer. “Our full-year results represent record achievements for the company in terms of net sales, adjusted EBITDA and EBITDA margin. We saw full-year organic growth across all geographies and product categories as our price realization effectively offset inflationary pressures. The exceptional teamwork and dedication displayed across the company, particularly in efforts to meaningfully reduce backlog, have been pivotal to our success this year.”