- AZZ press release ( NYSE: AZZ ): Q1 Non-GAAP EPS of $1.40 beats by $0.39 .
- Revenue of $314.4M (+36.8% Y/Y) beats by $27.48M .
- Guidance: Mr. Ferguson added, “Due to the acquisition of Precoat Metals, and the recently announced definitive agreement whereby AZZ will divest a majority (60%) interest in the Company’s Infrastructure Solutions segment, via the AIS JV, we will not issue full-year fiscal year 2023 guidance at this time. However, based upon information currently available to management, we anticipate 2nd quarter sales to be within the range of $485 million and $510 million ($408.35M consensus), and EBITDA within the range of $90 million to $110 million.”
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AZZ Non-GAAP EPS of $1.40 beats by $0.39, revenue of $314.4M beats by $27.48M, guides way above Q2 revenue consensus