Financial Performance - Revenues for the second quarter ended August 31, 2024, were $99.0 million, a decrease of $7.8 million or 7.3% compared to $106.8 million in the same quarter last year[1][2] - Earnings per diluted share for the current quarter were $0.40, down from $0.42 in the comparative quarter last year[2][15] - Gross profit margin for the quarter was 30.1%, compared to 31.0% for the same quarter last year[2][4] - For the six-month period ended August 31, 2024, revenues were $202.1 million, a decrease of $16.0 million or 7.3% from $218.1 million for the same period last year[3] - EBITDA margin improved slightly to 18.6% of sales compared to 18.5% during last year's second quarter[4] - Cash provided by operating activities was $34.9 million for the quarter, compared to $34.9 million in the same quarter last year[17] Acquisitions and Investments - The Company completed the acquisition of Printing Technologies, Inc., enhancing production capabilities and diversifying product offerings[5] - The Company maintains a strong balance sheet with no debt and significant cash reserves, allowing for continued operations and funding of acquisitions[5] Dividends - The Board declared a quarterly cash dividend of $0.25 per share and a special dividend of $2.50 per share, payable on November 8, 2024[10] Assets - Total assets increased to $406.8 million as of August 31, 2024, compared to $399.2 million in the previous year[16]
Ennis(EBF) - 2025 Q2 - Quarterly Results