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Loar Holdings Inc.(LOAR) - 2024 Q2 - Quarterly Results
LOARLoar Holdings Inc.(LOAR)2024-08-13 12:00

Exhibit 99.1 Loar Holdings Inc. Reports Q2 2024 Results and Upward Revision to Guidance August 13, 2024 WHITE PLAINS, NY., August. 13, 2024 /ACCESSWIRE/ -- Loar Holdings Inc. (NYSE: LOAR) (the "Company," "Loar," "we," "us" and "our"), reported record results for the second quarter of 2024. Second Quarter 2024 • Net sales of 97.0million,up31.197.0 million, up 31.1% versus the prior year's quarter. • Net income for Q2 2024 was 7.6 million, up 7.0millionascomparedtotheprioryearsquarter.Earningspershareof7.0 million as compared to the prior year's quarter. • Earnings per share of 0.09 ...