2023-04-25 16:31:13 ET
- AZZ press release ( NYSE: AZZ ): Q4 Non-GAAP EPS of $0.30 beats by $0.01 .
- Revenue of $336.5M (+49.8% Y/Y) beats by $15.03M .
- Adjusted EBITDA $57.2 million or 17.0% of sales
- Segment Adjusted EBITDA margins: Metal Coatings 27.0%; Precoat Metals 13.8%
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Adjusted EBITDA of $188.9 million was up 18.7% versus the prior year. Adjusted EBITDA margin of 29.7% was within our previously stated range of 25%-30%, and declined 60 basis points due to higher inflation, partially offset by increased price.
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AZZ Non-GAAP EPS of $0.30 beats by $0.01, revenue of $336.5M beats by $15.03M