Tennant Q3 net income climbs 31% year over year to $19.5 million
Bitget2026/11/02 21:29- Tennant’s third-quarter diluted earnings per share rose 40% year over year to $1.12; net sales increased 6% to $322.3 million.
- Robotics net sales jumped 71% year over year to approximately $37.3 million, while quarter-end backlog stood at approximately $118 million.
- Quarterly operating cash flow fell 59% year over year to $11.9 million due to weaker operating performance and increased working capital requirements.
- Full-year 2026 guidance remained unchanged, with net sales of $1.27 billion–$1.31 billion and diluted earnings per share of $2.15–$2.80.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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