Company Reports Q1 Revenue of $289.66M, Up 35% Year-over-Year
Reports Q1 revenue $289.66M vs $214.593M last year. Bryan Sayler, Chief Executive Officer and President, commented, "Our fiscal year got off to an outstanding start as we delivered over $550 million in orders, 35 percent revenue growth, 320 basis points of Adjusted EBITDA margin expansion, and a 73 percent increase in Adjusted EPS compared to the prior year. We continue to see favorable end-market conditions, which is reflected in the excellent orders and sales performance. Organic orders increased by 39 percent as all three businesses continue to see a positive environment for growth.
