TNC Stock Recent News
TNC LATEST HEADLINES
Tennant is a global leader in the mechanized cleaning equipment niche. Its ambitions to bring autonomous mobile robots to the masses could extend this leadership position.
MINNEAPOLIS--(BUSINESS WIRE)--As a global leader in the floor cleaning industry, Tennant Company (NYSE: TNC) has worked with thousands of cleaning professionals and has seen their hard work and community impact first-hand. And that is why Tennant set out with a single goal — to celebrate and recognize the dedication of cleaning staff through the launch of the Cleaning All-Star Sweepstakes. The new sweepstakes will recognize cleaning professionals from all types of facilities who make a differen.
Tennant Company is upgraded from 'hold' to a soft 'buy' due to improved financial performance and favorable market conditions. The firm has a significant market share in its niche cleaning equipment industry, with strong positions in the Americas, EMEA, and Asia Pacific. Recent financial results show increased revenue, adjusted net profits, and EBITDA, despite some cost increases and a dip in operating cash flow.
Dublin, Aug. 21, 2024 (GLOBE NEWSWIRE) -- The "Commercial Scrubbers and Sweepers Market - Global Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering. The global commercial scrubbers and sweepers market is expected to grow at a CAGR of 8.15% from 2023 to 2029. MARKET TRENDS & DRIVERS
Tennant Company (NYSE:TNC ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Lorenzo Bassi - Vice President, Finance & Investor Relations Dave Huml - President & Chief Executive Officer Fay West - Senior Vice President & Chief Financial Officer Conference Call Participants Operator Good morning. My name is Karen, and I'll be your conference operator today.
Tennant (TNC) came out with quarterly earnings of $1.83 per share, beating the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $1.86 per share a year ago.
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended June 30, 2024. (In millions, except per share data) Three Months Ended June 30, 2024 2023 Increase / (Decrease) Net sales $ 331.0 $ 321.7 2.9 % Net income $ 27.9 $ 31.3 (10.9 )% Diluted EPS $ 1.45 $ 1.68 (13.7 )% Adjusted diluted EPS $ 1.83 $ 1.86 (1.6 )% Adjusted EBITDA $ 58.6 $ 57.6 1.7 % Adj.
CANTON, Mass.--(BUSINESS WIRE)--MEDITECH today announced the introduction of Traverse Exchange, an advanced nationwide health information exchange network for US customers. Built on the same foundation as MEDITECH's successful Traverse Exchange Canada solution, this new private network will enable participating MEDITECH customers to share health data seamlessly and securely with one another as well as with organizations using other vendor EHRs and exchange networks that comply with interoperabi.
Tennant (TNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC),, a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, has released its annual Sustainability Report. The report, detailing achievements for the 2023 fiscal year, also marks the first year of reporting on the company's Thriving People. Healthy Planet. sustainability framework. “Our Thriving People. Healthy Planet. framework is rooted in our daily activity to integrate sustainability into e.