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NASHVILLE - Atmus Filtration Technologies Inc. (NYSE:ATMU) reported first quarter earnings that exceeded analyst expectations on Friday.
The company’s stock surged 7.77% in premarket trading following the release.
The filtration solutions provider posted adjusted earnings per share of $0.63, surpassing the consensus estimate of $0.50. Revenue came in at $417 million, topping expectations of $412.3 million but down 2.4% YoY.
Atmus reaffirmed its full-year 2025 guidance, projecting revenue between $1.67 billion and $1.73 billion and adjusted EPS of $2.35 to $2.60. The midpoint of both ranges aligns with current analyst forecasts.
"The Atmus team delivered a solid quarter of financial results to start 2025, despite challenging market conditions, by providing comprehensive filtration solutions for our customers," said CEO Steph Disher.
The company’s adjusted EBITDA margin improved to 19.6% from 18.8% in the same quarter last year. Atmus attributed the decrease in sales primarily to unfavorable currency impacts and lower volumes, partially offset by pricing increases.
During the quarter, Atmus repurchased $10 million of common stock and paid a $0.05 per share dividend. The company ended the period with $183.3 million in cash and cash equivalents.
With its strong quarterly performance and reaffirmed outlook, Atmus appears well-positioned to navigate ongoing market challenges in 2025.
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