- Generac press release ( NYSE: GNRC ): Q2 Non-GAAP EPS of $2.99 beats by $0.36 .
- Revenue of $1.29B (+40.2% Y/Y) beats by $30M .
- Adjusted EBITDA was a record $271M, or 21.0% of net sales, as compared to $218M, or 23.7% of net sales, in the prior year.
- The Company is maintaining its full-year 2022 net sales growth guidance of approximately 36 to 40% compared to the prior year on an as-reported basis vs. estimated growth of 38.35% Y/Y. Adjusted EBITDA margin, before deducting for non-controlling interests, is still expected to be approximately 21.5 to 22.5%.
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Generac reports Q2 earnings beat; reaffirms FY22 guidance