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Sep 30, 2021
Compass Diversified Q3 2021 Earnings Report
Reported strong operating results driven by branded consumer performance and completed strategic transactions.
Key Takeaways
Compass Diversified reported strong third-quarter results, driven by heightened demand in its leading consumer brands. Net sales reached $488.2 million, and net income was $90.2 million, which included a gain of $72.7 million from the sale of Liberty Safe. The company also completed the acquisition of Lugano Diamonds and Jewelry, Inc.
Reported net sales of $488.2 million.
Reported net income of $90.2 million.
Reported non-GAAP Adjusted EBITDA of $90.0 million.
Completed the sale of Liberty Safe and acquired Lugano Diamonds.
Compass Diversified
Compass Diversified
Compass Diversified Revenue by Segment
Forward Guidance
Compass Diversified raised full-year guidance, expecting continued growth and value creation through strategic investments and operational improvements.
Revenue & Expenses
Visualization of income flow from segment revenue to net income