Q: Good Morning
Can you comment on Hammond 4th quarter results?
Thks
Marcel
Can you comment on Hammond 4th quarter results?
Thks
Marcel
5i Research Answer:
EPS was $1.98, beating estimates of $1.64 and up from $1.90 in the prior year period. Revenue $254.9M, beating estimates of $232M. EBITDA $38.7M, 16% ahead of estimates. Q4 sales rose 22%. The US was particularly strong, alleviating some tariff worries. Investors loved the backlog news: up 122% year over year and 74% sequentially. The reflects data centre demand, primarily. Actual backlog was not released. But very solid numbers from HPS.A.