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Dec 31, 2023
Csw Industri Q3 2024 Earnings Report
Csw Industrials' financial performance was strong, marked by record revenue, adjusted EPS, and adjusted EBITDA.
Key Takeaways
CSW Industrials reported record results for the fiscal 2024 third quarter, with revenue increasing by 2% to $175.0 million. Adjusted EPS increased 6% to $1.07, and adjusted EBITDA increased 18% to $36.8 million. The company also paid down $20 million of debt.
Total revenue increased 2% to $175.0 million due to organic growth.
Adjusted EPS increased 6% to $1.07.
Adjusted EBITDA increased 18% to $36.8 million, with margin expansion of 270 bps to 21%.
Cash flow from operations increased 28% to $47.0 million.
Csw Industri
Csw Industri
Forward Guidance
The Company expects to finish the fiscal year strong and deliver record performance for the full year in revenue, adjusted EBITDA, and adjusted EPS for the Company, while maintaining our strong free cash flow generation.