Cuts FY25 adjusted EBITDA view to $40M-$44M from $45M-$52M. The company expects to spend $8M-$9M on capex, and says 2025 should be a “strong” free cash flow year. Comments taken from Q1 earnings conference call presentation slides.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVD:
- Morning Movers: Manchester United gains, Lululemon sinks after quarterly reports
- American Vanguard reports Q1 EPS (30c) vs. 6c last year
- American Vanguard’s Reliance on Customer Prepayments: A Double-Edged Sword for Liquidity Management
- American Vanguard Delays Quarterly Report Filing
- management to meet virtually with Lake Street
