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Welbilt, Inc.
WBT•NYSE
Industrials
Industrial - Machinery
$24.01
$0.02(0.08%)

The company's financials show resilient growth, with revenue advancing from $395.60M in Q2 2021 to $333.00M in Q1 2022. Gross profit remained healthy with margins at 33% in Q1 2022 compared to 37% in Q2 2021. Operating income hit $13.70M last quarter, sustaining a consistent 4% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $28.70M. Net income dropped to -$900000.00, while earnings per share reached -$0.006. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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