Hayward Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 31, 2023 at 07:01 am
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Hayward Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 220.3 million compared to USD 245.27 million a year ago. Net income was USD 11.79 million compared to USD 23.09 million a year ago. Basic earnings per share from continuing operations was USD 0.06 compared to USD 0.11 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to USD 0.1 a year ago.
For the nine months, sales was USD 713.98 million compared to USD 1,055.17 million a year ago. Net income was USD 49.65 million compared to USD 163.38 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to USD 0.74 a year ago. Diluted earnings per share from continuing operations was USD 0.23 compared to USD 0.7 a year ago.
Hayward Holdings, Inc. is a global designer, manufacturer, and marketer of a broad portfolio of pool and outdoor living technology. The Company offers a full line of energy-efficient and sustainable residential and commercial pool equipment including pumps, filters, heaters, cleaners, sanitizers, light emitting diode (LED) lighting, and water features all digitally connected through its Internet of Things (IoT)-enabled SmartPad. Its products are connected through OmniLogic, its mobile application. It operates through two segments: North America (NAM) and Europe & Rest of World (E&RW). The NAM segment manufactures and sells a complete line of residential and commercial swimming pool equipment and supplies in the United States and Canada and manufactures and sells flow control products. The E&RW segment manufactures and sells residential and commercial swimming pool equipment and supplies in Europe, Central and South America, the Middle East, Australia, and other Asia Pacific countries.
HAYWARD HOLDINGS, INC. 
