2023-05-10 06:56:06 ET
- The ODP Corporation press release ( NASDAQ: ODP ): Q1 Non-GAAP EPS of $1.78 beats by $0.44 .
- Revenue of $2.1B (-4.5% Y/Y) in-line.
- GAAP Operating Income of $95 Million; Net Income of $72 Million; Adjusted EBITDA of $131 Million.
- The Company’s full year guidance for 2023 remains as follows : Sales of $8.0 - $8.4 billion vs. consensus of $8.15B; Adjusted Earnings per Share of $4.50 - $5.10 per share vs. consensus of $4.75; Adjusted EBITDA of $400 - $430 million; Adjusted Free Cash Flow of $200 - $230 million.
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The ODP Corporation reports Q1 earnings; reaffirms FY23 outlook