Worthington Enterprises shares rose 15% after the company reported higher revenue and cash generation for its fiscal first quarter. Revenue reached $343.9 million, up 13.2% from a year earlier, with organic sales growth of 7%, while adjusted EBITDA advanced 10%. Operating cash flow increased by $25.7 million to $66.7 million, and free cash flow nearly doubled to $54 million. The company also highlighted demand for its engineered ASME tanks used in liquid cooling at data centers, with Chief Executive Officer Joe Hayek citing increased interest tied to that market. Worthington bought back 335,000 shares for $18.2 million and approved a quarterly dividend of $0.20 per share.
Worthington Industries IncWorthington reported higher Q1 revenue ($343.9M, +13.2%), adjusted EBITDA up 10%, and free cash flow nearly doubled to $54M.
