The equipment manufacturer reported $1.22 non-GAAP EPS, beating expectations, while revenue grew 10.4% year-over-year but missed estimates.
Douglas Dynamics posted Q2 non-GAAP earnings per share of $1.22, exceeding estimates by $0.16. Revenue reached $214.6 million, up 10.4% from the same period last year but $4.85 million below forecasts.
The company attributed record net sales to strong pre-season orders in its Work Truck Attachments segment. Year-over-year revenue growth marked a continued recovery in demand, though the miss on top-line expectations tempered results.
Shares showed muted reaction in after-hours trading as investors weighed the earnings beat against the revenue shortfall.