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Raven Industries, Inc.
RAVN•NASDAQ
Industrials
Industrial - Machinery
$58.08
$0.00(0.00%)

The company's financials show resilient growth, with revenue advancing from $85.18M in Q2 2020 to $112.49M in Q1 2021. Gross profit remained healthy with margins at 36% in Q1 2021 compared to 35% in Q2 2020. Operating income hit $11.57M last quarter, sustaining a consistent 10% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $16.11M. Net income rose to $9.62M, while earnings per share reached $0.27. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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