AirBoss Reports 1st Quarter 2024 Results
Consolidated net sales in Q1 2024 decreased by 11.6% to $103,490 compared with the first quarter of 2023 ("Q1 2023").
- Consolidated net sales in Q1 2024 decreased by 11.6% to $103,490 compared with the first quarter of 2023 ("Q1 2023").
- The decrease was primarily attributable to lower sales at both AirBoss Rubber Solutions ("ARS") and AirBoss Manufactured Products ("AMP").
- AirBoss now reports results under two segments: (1) AirBoss Rubber Solutions, and (2) AirBoss Manufactured Products.
- In addition to the formal shareholders' meeting, management will provide a webcast presentation including a discussion of Q1 2024 results.