Q1 2024 Financial Highlights Record revenue of $1.5 billion increases 31% year-over-yearRecord first quarter organic revenue growth of 29%, including four consecutive quarters with organic growth.
Sales of $2.7 billion, an increase of $91 millionNet income of $3 million, including a $29 million charge related to the announced European hydraulics business divestitureAdjusted EBITDA of $223.
Sales of $1.19 billion, down 5.7 percent from last yearFirst-quarter earnings per share of $1.46; adjusted EPS of $1.77Strong margin performance in the quarter, with net income margin of 8.7 percent.
First Quarter Total Revenue Growth of 8 PercentReported Earnings Per Share of $1.44 and Adjusted Earnings Per Share of $1.45Expanded First Quarter Net Income Margin 110 Basis Points and Adjusted.
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