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Dec 31, 2019
Compass Diversified Q4 2019 Earnings Report
Compass Diversified Holdings reported solid fourth quarter operating results, exceeding management expectations and achieving strong cash flow from operating activities.
Key Takeaways
Compass Diversified Holdings reported net sales of $387.0 million and net income of $5.4 million for the fourth quarter of 2019. The company also reported non-GAAP Adjusted EBITDA of $61.7 million and Cash Provided by Operating Activities of $53.0 million.
Reported net sales of $387.0 million for the fourth quarter of 2019.
Reported net income of $5.4 million for the fourth quarter of 2019.
Reported non-GAAP Adjusted EBITDA of $61.7 million for the fourth quarter of 2019.
Reported Cash Provided by Operating Activities of $53.0 million for the fourth quarter of 2019, and non-GAAP Cash Flow Available for Distribution and Reinvestment ("CAD") of $30.0 million.
Forward Guidance
The Company expects its current subsidiaries to produce consolidated Adjusted EBITDA in 2020 of between $238 million and $258 million. The company anticipates Payout Ratio to be between 80% and 90%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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