Company Raises Revenue Outlook to $640M-$650M
Consensus $1.00. Raises revenue view to $640M-$650M from $540M-$550M, consensus $608.01M. "We revised our outlook for net sales, Adjusted EBITDA, and Adjusted EBITDA Margin upward to include the impact of the LMB Fans & Motors and Harper Engineering acquisitions as well as the underlying strength of our business. We remain highly positive on end-market demand and our team's ability to execute on our strategic value drivers, delivering returns our stakeholders have come to expect," stated Mr. Charles.