Loar Holdings Inc. reported record financial results for the third quarter of 2024 on November 13, 2024. The company achieved net sales of $103.5 million, representing a 25.0% increase compared to the prior year's quarter.
Following these strong results, Loar Holdings provided an upward revision to its full-year 2024 guidance. The company also issued its initial guidance for the full year 2025, reflecting confidence in continued growth.
The robust sales performance underscores the effectiveness of Loar's strategic initiatives and strong demand across its end markets. This financial update provides investors with a clearer outlook on the company's near-term prospects.
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