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Compass Diversified (CODI) Q4 2023 Earnings Call Transcript

WESTPORT, Conn., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that it plans to release financial results for the fourth quarter and full year ended December 31, 2023, on Wednesday, February 28, 2024, after the close of market trading. The Company has scheduled a conference call to discuss the results on Wednesday, February 28, 2024, at 5:00 p.m. ET.

While investors shouldn't get too focused on any one signal, a great source of confidence stems from insider favorite stocks. As the old adage goes, it's difficult to tell what insider selling means.

Compass expects $1 billion in adjusted Ebitda in 2028, driven by growth at Lugano Diamonds and other subsidiaries.

Compass Diversified offers investors access and transparency to the private equity industry. CODI has a track record of respectable total returns and invests in growth stage companies that provide cash flow and capital appreciation potential. The upcoming sale of Marucci will generate significant gains for CODI, which can be used to pay down debt and support its distribution.

Compass Diversified (NYSE:CODI ) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Cody Slach - Gateway Group Elias Sabo - Chief Executive Officer Pat Maciariello - Chief Operating Officer, Compass Group Management Ryan Faulkingham - Chief Financial Officer Conference Call Participants Larry Solow - CJS Securities Robert Dodd - Raymond James Chris Kennedy - William Blair Barry Haimes - Sage Asset Management Operator Good afternoon, and welcome to Compass Diversified's Third Quarter 2023 Conference call. Today's call is being recorded.

WESTPORT, Conn., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that it plans to release financial results for the third quarter ended September 30, 2023, on Thursday, November 2, 2023, after the close of market trading. The Company has scheduled a conference call to discuss the results on Thursday, November 2, 2023, at 5:00 p.m. ET.

Compass Diversified (CODI) has returned a significant amount of capital to shareholders with a yield over 5%. CODI's diverse investment strategy allows them to explore opportunities across different sectors of the economy. Despite macro headwinds, CODI's industrial businesses are expected to continue producing solid growth and adjusted EBITDA.

Compass Diversified has high levels of debt and unclear trajectory, making it a risky investment. The company's financial metrics have not met the minimum requirements. It's a pass for me until I see the metrics improve, although current investors are getting a decent dividend yield.

Compass Diversified (NYSE:CODI ) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Elias Sabo - Chief Executive Officer Pat Maciariello - Chief Operating Officer, Compass Group Management Ryan Faulkingham - Chief Financial Officer Conference Call Participants Larry Solow - CJS Securities Derek Sommers - Jefferies Matthew Howlett - B. Riley Operator Good afternoon, and welcome to Compass Diversified's Second Quarter 2023 Conference call.