Loar Holdings reports Q3 2024 record sales and net income, revises guidance amid lower 2025 EPS outlook.

Loar Holdings reported record Q3 2024 results with a 25% increase in net sales to $103.5 million and net income up by $5.8 million to $8.7 million. Adjusted EBITDA rose by 31.8% to $38.1 million. The company revised its 2024 guidance to net sales of $390-394 million and 2025 guidance to net sales of $330-370 million. Despite strong performance, earnings per share guidance for 2025 is lower than analyst expectations.

November 13, 2024
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