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Sep 30, 2023
MSA Q3 2023 Earnings Report
Reported strong third-quarter results with double-digit sales and earnings growth, increasing full-year sales growth outlook to mid-teens.
Key Takeaways
MSA Safety Incorporated reported a 17% increase in net sales, reaching $447 million in Q3 2023. GAAP operating income was $94 million, or 21.1% of sales, and adjusted operating income was $101 million, or 22.7% of sales. GAAP net income stood at $65 million, or $1.65 per diluted share, with adjusted earnings of $70 million, or $1.78 per diluted share.
Achieved quarterly net sales of $447 million, a 17% increase year-over-year.
GAAP operating income reached $94 million, or 21.1% of sales; adjusted operating income was $101 million, or 22.7% of sales.
GAAP net income was $65 million, or $1.65 per diluted share; adjusted earnings were $70 million, or $1.78 per diluted share.
The company is increasing its sales growth outlook to the mid-teens for the full year 2023.
Revenue by Geographic Location
Forward Guidance
Based on robust year-to-date performance, MSA is increasing its sales growth outlook to the mid-teens for the full year 2023.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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