CEO OVERVIEW Net Revenue Increased 37.3% to $405.0 million over the year ago quarter with 21.8% organic growth Construction and Material Handling Revenue Of $249.7 million and $155.3, respectfully, up from $184.7 million and $110.3 million a year ago; Q3 2022 product support revenue also increased $29.4 million year-over-year to $116.1 million GAAP Net Income and Adjusted Basic and Diluted Net Income Per Highlights: Share GAAP Net income of $4.4 million compared to a loss of $(0.6) million a year ago and Business continued to adjusted basic and diluted net income per share of $0.14 versus a loss of $0.02 a year ago deliver solid and consistent Adjusted EBITDA Grew results, leveraging our 39.2% to $44.0 million compared to $31.6 million last year industry-leading position in Continued High Demand across both Construction and Material the broad-based end-user Handling Segments and Healthy Backlog markets we serve. of sales in both operating segments lead to a strong performance in Q3 Successful Acquisition of Yale Industrial Trucks, Inc. in Canada represents international expansion of Material Handling segment into major North American population centers
