TNC Q1 2022 Earnings — Tennant Company Revenue & Financial Results | Market Cap Arena

TNCTennant Company

$1B

Q1 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$258M-2.0% YoY

Gross Profit

$99M38.3% margin

Operating Income

$15M5.7% margin

Net Income

$10M4.0% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

-6.6%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$19M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$613M

Stockholders' Equity

$436M

Cash & Equivalents

$110M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$258M	$263M	-2.0%
Gross Profit	$99M	$113M	-12.7%
Operating Income	$15M	$36M	-59.8%
Net Income	$10M	$26M	-59.9%

Revenue Segments

Maintenance

$7M100%