GPGI's Q1 Adjusted Net Income Falls, Adjusted Net Sales Rise; Lowers 2026 Adjusted Net Sales Guidance
MT Newswires Live
May 07
GPGI (GPGI) reported Q1 adjusted net income Thursday of $0.12 per diluted share, compared with $0.25 a year earlier.
Adjusted net sales for the quarter ended March 31 was $421.2 million, compared with $410.7 million a year earlier.
For Q2, the company projects adjusted net sales of $425 million to $475 million.
The company lowered its 2026 adjusted net sales guidance to a range of $1.95 billion to $2.10 billion, from $2.18 billion to $2.23 billion previously.
The company said its outlook is based on expectations for the combined results of CompoSecure and Husky Technologies.
Shares of the company were falling more than 19% pre-bell Thursday.
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