TNC Q2 2022 Earnings — Tennant Company Revenue & Financial Results | Market Cap Arena

TNCTennant Company

$1B

Q2 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$280M+0.3% YoY

Gross Profit

$106M37.8% margin

Operating Income

$19M6.8% margin

Net Income

$17M5.9% margin

EPS (Diluted)

$0.89

QoQ Revenue Growth

+8.4%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$19M

Stock-Based Comp.

$900,000

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$591M

Stockholders' Equity

$433M

Cash & Equivalents

$74M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$280M	$279M	+0.3%
Gross Profit	$106M	$115M	-8.0%
Operating Income	$19M	$20M	-6.4%
Net Income	$17M	$10M	+69.4%

Revenue Segments

Maintenance

$8M100%