ParkOhio(PKOH) - 2024 Q1 - Quarterly Results
PKOHParkOhio(PKOH)2024-04-30 04:18

ParkOhio Announces Strong First Quarter 2024 Results • Net sales of 418millioncomparedto418 million compared to 424 million in Q1 2023 • GAAP EPS from continuing operations improved 36% to 0.83perdilutedshare,upfrom0.83 per diluted share, up from 0.61 in Q1 2023; Adjusted EPS from continuing operations of 0.85perdilutedshare,up180.85 per diluted share, up 18% vs. 0.72 in Q1 2023 • Gross margin of 17.1% improved 120 basis points year-over-year • EBITDA, as defined was $38 million, an increase of 19% compared to Q1 2023 • Full year 2024 outlook unchanged CLEVELAND, OHIO, ...