Loar Holdings Inc. Reports Q4 2024 and Full Year 2024 Results and Upward Revision to 2025 Guidance

About this update from Loar Holdings Inc.

[{"type":"text","content":"WHITE PLAINS, NY / ACCESS Newswire / March 31, 2025 / Loar Holdings Inc. (NYSE:LOAR) (the "Company," "Loar," "we," "us" and "our"), reported record results for the fourth quarter and full year of 2024.","length":251,"tagName":"p"},{"type":"text","content":"Fourth Quarter 2024","length":19,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net sales of $110.4 million, up 27.8% compared to the prior year's quarter.","length":79,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income of $3.7 million, up $4.3 million compared to the prior year's quarter.","length":85,"tagName":"p"}]},{"val":[{"type":"text","content":"Diluted earnings per share of $0.04.","length":36,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA of $40.2 million, up 37.4% compared to the prior year's quarter.","length":84,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income margin for the quarter improved to 3.3% from the prior year's quarter net loss margin of 0.7%.","length":109,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA Margin for the quarter was 36.4% compared to 33.8% for the prior year's quarter.","length":100,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted Earnings Per Share of $0.11.","length":37,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":530,"olType":false},{"type":"text","content":"Full Year 2024","length":14,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net sales of $402.8 million, up 26.9% compared to the prior year.","length":65,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income of $22.2 million, up $26.8 million compared to the prior year.","length":73,"tagName":"p"}]},{"val":[{"type":"text","content":"Diluted earnings per share of $0.24.","length":36,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA of $146.3 million, up 29.8% compared to the prior year.","length":71,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income margin for the year improved to 5.5% from the prior year's net loss margin of 1.4%.","length":98,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA Margin for the year was 36.3% compared to 35.5% for the prior year.","length":83,"tagName":"p"}]},{"val":[{"type":"text","conten...

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