Sustained Order Growth
Enterprise-level order rates increased by 4% compared to the prior year quarter, marking the fifth consecutive quarter of order growth. Year-to-date orders grew 8%.
Strong Performance in the Americas
Orders in the Americas increased by 9% compared to the prior year, with North America experiencing double-digit order growth.
Successful New Product Introductions
The X6 ROVR midsized robotic scrubber was launched successfully, contributing to AMR sales accounting for 6% of enterprise net sales.
Cash Flow and Liquidity Strength
Net cash provided by operating activities was $22.5 million, a $3.9 million increase compared to the prior year period. Tennant's liquidity remains strong with a cash and cash equivalents balance of $80.1 million.
Entry into the Outdoor Sweeping Market
Launch of the Z50 Citadel Outdoor Sweeper, expanding Tennant's addressable market and introducing new customer opportunities.