ParkOhio(PKOH) - 2024 Q3 - Quarterly Results

ParkOhio Announces Strong Third Quarter 2024 Results • Net sales of $418 million compared to $419 million in Q3 2023 • Gross margin of 17.3% improved 60 basis points year-over-year • GAAP EPS from continuing operations improved to $1.02 per diluted share compared to $0.99 in Q3 2023 • Adjusted EPS from continuing operations was $1.07 per diluted share, up 8% vs. $0.99 in Q3 2023 • EBITDA, as defined was $39 million, 9.2% of net sales • Significantly increased liquidity resulting from debt repayments of $23 ...