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Tennant Q2 2023 Earnings Report

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$80.29 -1.42 (-1.74%)
(As of 12/20/2024 05:40 PM ET)

Tennant EPS Results

Actual EPS
$1.86
Consensus EPS
$1.16
Beat/Miss
Beat by +$0.70
One Year Ago EPS
$0.92

Tennant Revenue Results

Actual Revenue
$321.70 million
Expected Revenue
$291.67 million
Beat/Miss
Beat by +$30.03 million
YoY Revenue Growth
+14.80%

Tennant Announcement Details

Quarter
Q2 2023
Time
Before Market Opens

Conference Call Resources

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Tennant Earnings Headlines

AI breakthrough about to upend industry
Everyone is talking about AI right now. The talk has been endless ever since ChatGPT was released to the market in late 2022. You might think it’s way too late to invest in AI. But here’s the thing.
Tennant Co. stock touches 52-week low at $82.42
See More Tennant Headlines
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About Tennant

Tennant (NYSE:TNC) Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and asset management solutions. It provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. The company offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IPC, Gaomei, and Rongen brands, as well as private-label brands. Its products are used in retail establishments and distribution centers; factories and warehouses; and public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, and other environments. The company markets its products to contract cleaners and businesses through direct sales and service organizations, as well as through a network of authorized distributors. Tennant Company was founded in 1870 and is headquartered in Eden Prairie, Minnesota.

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