GNRC - Generac Non-GAAP EPS of $1.08 misses by $0.08 revenue of $1B beats by $26.87M
2023-08-02 06:02:50 ET
- Generac press release ( NYSE: GNRC ): Q2 Non-GAAP EPS of $1.08 misses by $0.08 .
- Revenue of $1B (-22.5% Y/Y) beats by $26.87M .
- Core sales growth, which excludes both the impact of acquisitions and foreign currency, decreased approximately 26%.
- Residential product sales declined 44% to $499 million as compared to $896 million last year.
- Commercial & Industrial (“C&I”) product sales increased 24% to $384 million as compared to $309 million in the prior year.
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Generac Non-GAAP EPS of $1.08 misses by $0.08, revenue of $1B beats by $26.87M