- Lakeland press release ( NASDAQ: LAKE ): Q3 Non-GAAP EPS of $0.19 misses by $0.07 .
- Revenue of $28.39M (-5.5% Y/Y) misses by $1.37M .
- Gross margin was 43.3%, above the Company's long-term target threshold of 40% and up from 41.3% in 2Q23.
- Adjusted EBITDA of $3.0 million in 3Q23, compared to $2.5 million in 2Q23.
- Completed $2.3 million of share repurchases during the quarter and announced new $5 million share repurchase program subsequent to quarter end.
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Lakeland Non-GAAP EPS of $0.19 misses by $0.07, revenue of $28.39M misses by $1.37M