- Diversey Holdings press release ( NASDAQ: DSEY ): Q2 Non-GAAP EPS of $0.09 in-line.
- Revenue of $715.3M (+10.0% Y/Y) beats by $5.21M .
- Adjusted EBITDA for the second quarter 2022 was $88.4M, representing a decline of 12.7% versus the period in 2021 and 0.5% versus the period in 2019.
- Reaffirms 2022 full year revenue growth of high single digits; Lowers Adjusted EBITDA outlook to a range of $350 to $390 million to reflect current exchange rate environment.
- Given the unique environment, Diversey is providing a third quarter estimate for revenue to be in a range of $680 to $720 million vs. consensus of $2.85B and adjusted EBITDA to be in a range of $85 to $95 million.
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Diversey Holdings reports Q2 earnings; reaffirms FY22 adjusted EBITDA and issues Q3 outlook