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Mar 31, 2023
Csw Industri Q4 2023 Earnings Report
Reported record results for the fiscal 2023 fourth quarter.
Key Takeaways
CSW Industrials reported a record fiscal 2023 fourth quarter with total revenue increasing by 12.9% to $195.7 million and net income attributable to CSWI increasing by 46.7% to $27.1 million.
Total revenue increased 12.9% to $195.7 million, with an organic growth rate of 10.5%.
Net income attributable to CSWI increased 46.7% to $27.1 million.
EPS increased 48.7% to $1.74.
EBITDA increased 32.8% to $49.4 million, with margin expansion of 370 bps to 25.2%.
Forward Guidance
The company expects revenue and profit growth, with expanding margins in each of its three operating segments in fiscal 2024.
Positive Outlook
- Expect revenue growth.
- Expect profit growth.
- Expanding margins in each of the three operating segments.
- Positive momentum exiting the year.
- Positions the company well for another year of growth and record profit.
Challenges Ahead
- Macroeconomic uncertainty.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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