CSW Industrials reported strong third quarter results, with a 52% increase in total revenue to $136.3 million and organic revenue growth of 22%. GAAP net income attributable to CSWI was $8.3 million, or $0.52 per diluted share, and adjusted EBITDA grew by 25% to $19.9 million.
Total revenue increased 52% to $136.3 million, with organic revenue growth of 22%.
GAAP net income attributable to CSWI was $8.3 million, or $0.52 per diluted share.
Adjusted EBITDA growth of 25% to $19.9 million.
The TRUaire manufacturing facility in Vietnam resumed normal production activities in late November.
CSWI is maintaining the previously provided aggregate guidance for the second half of the fiscal year, of $1.50 to $1.65 of EPS and $50.0 million to $53.5 million of EBITDA.