Earnings Call Summary | Miller Industries(MLR.US) Q2 2024 Earnings Conference
Earnings Call Summary | Miller Industries(MLR.US) Q2 2024 Earnings Conference
The following is a summary of the Miller Industries, Inc. (MLR) Q2 2024 Earnings Call Transcript:
以下是Miller Industries，Inc.（MLR）2024年第二季度業績會交流摘要：
Financial Performance:
金融業績：
Miller Industries reported Q2 revenue of $371.5 million, a 23.7% increase year-over-year.
Gross profit for Q2 was $51.1 million, with a gross margin of 13.8%, seeing improvements due to productivity initiatives and manufacturing efficiencies.
Net income for Q2 2024 was $20.5 million, or $1.78 per diluted share, up from $14.9 million, or $1.29 per diluted share in Q2 2023.
Miller Industries報告2024年第二季度收入爲3,7150萬美元，同比增長23.7%。
2024年第二季度毛利潤爲5110萬美元，毛利率爲13.8％，由於生產效率和製造效率的提高而有所改善。
2024年第二季度淨利潤爲2050萬美元，每股攤薄後收益爲1.78美元，高於2023年第二季度的1490萬美元，每股攤薄後收益爲1.29美元。
Business Progress:
業務進展：
The company expects low double-digit growth for the full year of 2024, adjusting guidance from previously anticipated high single-digit growth.
Continued focus on productivity improvements, capacity expansion, and employee safety.
Enhanced shareholder returns through dividends and ongoing share repurchase program.
該公司預計2024年全年將低於預期的單位數增長，將指導意見調整爲低於預期的雙位數增長。
繼續專注於提高生產力，擴大產能和員工安全。
通過股息和持續的股票回購計劃提高股東回報水平。
Opportunities:
機會：
Strong international customer demand and potential for increased production signaling broader market expansion opportunities, especially with subsiding geopolitical tensions in Europe.
Expansion of production capacity and continued investment in capital to support future growth.
強大的國際客戶需求和潛在的增產信號更廣泛的市場擴張機會，特別是隨着歐洲地緣政治緊張局勢的緩解。
擴大產能和持續投資資本以支持未來增長。
Risks:
風險：
The normalization of OEM chassis deliveries which may affect production consistency.
OEm底盤交付的穩定可能會影響生產一致性。
More details: Miller Industries IR
更多詳情：Miller Industries IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。