2023-08-02 16:31:18 ET
- Compass Diversified press release ( NYSE: CODI ): Q2 GAAP EPS of -$0.41 misses by $0.60 .
- Revenue of $524.2M (+1.7% Y/Y) misses by $32.87M .
- CODI expects its current subsidiaries to produce consolidated subsidiary Adjusted EBITDA for the full year 2023 of between $430 million and $460 million. This estimate is based on the summation of the Company’s expectations for its current subsidiaries in 2023 and is absent additional acquisitions or divestitures, and excludes corporate expenses such as interest expense, management fees paid by CODI and corporate overhead. For the full year 2023, CODI expects to earn between $110 million and $135 million in Adjusted Earnings for the full year 2023.
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Compass Diversified GAAP EPS of -$0.41 misses by $0.60, revenue of $524.2M misses by $32.87M