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EVI Industries Stock Rises 16% as Q4 Earnings Improve Y/Y

Source: zacks.com

Corporate EarningsCompany Fundamentals
EVI Industries Stock Rises 16% as Q4 Earnings Improve Y/Y

EVI reported fiscal Q4 EPS of $0.17 as revenue rose 11% to a record $121.9 million. Results were supported by service growth, project completions and margin expansion, indicating improved operating performance. The record revenue and higher profitability are positive for the company’s near-term fundamentals.

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