LAKE - Lakeland GAAP EPS of $0.03 misses by $0.19 revenue of $29M misses by $0.64M
2023-04-13 16:10:45 ET
- Lakeland press release ( NASDAQ: LAKE ): Q4 GAAP EPS of $0.03 misses by $0.19 .
- Revenue of $29M (+8.2% Y/Y) misses by $0.64M .
- Adjusted EBITDA was $1.8 million in the fourth quarter of fiscal year 2023, compared to $2.9 million in the fourth quarter of fiscal year 2022.
- Lakeland ended the quarter with cash and cash equivalents of approximately $24.6 million, and the $25.0 million revolving credit facility had no borrowings as of January 31, 2023, as the Company continues to have no debt.
- For the fiscal year, the Company repurchased $5.4 million of common stock under its stock repurchase program.
- Shares +2.51% .
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Lakeland GAAP EPS of $0.03 misses by $0.19, revenue of $29M misses by $0.64M