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Jun 30, 2022
Csw Industri Q1 2023 Earnings Report
Reported record quarterly revenue and EPS, driven by organic growth and pricing initiatives.
Key Takeaways
CSW Industrials reported a strong first quarter in fiscal year 2023, achieving record revenue, EBITDA, and EPS. Total revenue increased by 24% to $199.9 million, with organic revenue growth contributing significantly. The company's profitability improved, with GAAP net income attributable to CSWI rising to $29.4 million, or $1.88 per diluted share.
Total revenue increased by 24% to $199.9 million.
GAAP net income attributable to CSWI improved to $29.4 million, or $1.88 of EPS.
EBITDA growth of 21% to $49.5 million.
The company expects a year-over-year revenue growth rate in the high-teens with an EBITDA margin in excess of 20%.
Csw Industri
Csw Industri
Forward Guidance
The company expects a year-over-year revenue growth rate in the high-teens with an EBITDA margin in excess of 20%.