TNC Q3 2022 Earnings — Tennant Company Revenue & Financial Results | Market Cap Arena

TNCTennant Company

$1B

Q3 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$263M-3.3% YoY

Gross Profit

$101M38.3% margin

Operating Income

$21M8.1% margin

Net Income

$16M5.9% margin

EPS (Diluted)

$0.83

QoQ Revenue Growth

-6.0%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$24M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$579M

Stockholders' Equity

$425M

Cash & Equivalents

$59M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$263M	$272M	-3.3%
Gross Profit	$101M	$109M	-7.8%
Operating Income	$21M	$24M	-10.5%
Net Income	$16M	$22M	-27.4%

Revenue Segments

Equipment Sales

$154M59%

Parts and Consumables

$67M26%

Service and Other

$42M16%

Geographic Segments

Americas

$174M66%

EMEA

$69M26%

Asia Pacific

$20M8%