Loading...
•
Sep 30, 2024
DSG Q3 2024 Earnings Report
DSG's third quarter results, which delivered sales and profitability growth over the prior-year quarter.
Key Takeaways
Distribution Solutions Group reported a 6.6% increase in revenue to $468 million, driven by acquisitions, despite a 2.1% organic revenue compression. Adjusted EBITDA grew by 12.4% to $49.1 million, representing 10.5% of sales. The company completed the acquisition of Source Atlantic and announced acquisitions of ConRes Test Equipment and Tech-Component Resources (TCR).
Revenue increased by 6.6% to $468.0 million, including $38.1 million from acquisitions.
Operating income was $18.9 million, inclusive of non-cash amortization and non-recurring costs.
Diluted income per share was $0.46, inclusive of a $0.40 tax benefit.
Adjusted EBITDA was $49.1 million, with a 10.5% margin.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The company remains focused on deploying capital for acquisitions and organic investments, leveraging its asset-light business model to drive strong cash flow conversion and maximize long-term shareholder value.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...