TENNANT CO Announces Decline In Q2 Profit

TENNANT CO (TNC) revealed a profit for second quarter that decreased from last year

The company's earnings came in at $27.9 million, or $1.45 per share. This compares with $31.3 million, or $1.68 per share, in last year's second quarter.

Excluding items, TENNANT CO reported adjusted earnings of $35.2 million or $1.83 per share for the period.

The company's revenue for the quarter rose 2.9% to $331 million from $321.7 million last year.

TENNANT CO earnings at a glance (GAAP) :

-Earnings (Q2): $27.9 Mln. vs. $31.3 Mln. last year.
-EPS (Q2): $1.45 vs. $1.68 last year.
-Revenue (Q2): $331 Mln vs. $321.7 Mln last year.

by RTTNews Staff Writer

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