ROLL - RBC Bearings Non-GAAP EPS of $1.26 beats by $0.09 revenue of $358.9M beats by $8.99M; issues Q1 revenue guidance above consensus
RBC Bearings press release (NASDAQ:ROLL): Q4 Non-GAAP EPS of $1.26 beats by $0.09. Adjusted cash diluted EPS $2.15. Revenue of $358.9M (+123.9% Y/Y) beats by $8.99M. Fourth quarter EBITDA of 25.6%; adjusted EBITDA of 29.1% vs last year adjusted EBITDA of 28.6%. Backlog as of April 2, 2022 was $603.1M compared to $394.8M as of April 3, 2021 and $552.7M as of January 1, 2022. The company expects net sales to be approximately $355.0 million to $365.0 million in the first quarter of fiscal 2023 vs. consensus of $351.06M, compared to $156.2 million last year, a growth rate of 127.3% to 133.7%.
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RBC Bearings Non-GAAP EPS of $1.26 beats by $0.09, revenue of $358.9M beats by $8.99M; issues Q1 revenue guidance above consensus