09:27 AM EDT, 05/14/2024 (MT Newswires) -- Loar Holdings ( LOAR ) reported Q1 net income Tuesday of $2.2 million, swinging from a net loss of $7.5 million a year earlier.

Analysts' estimates were not available for comparison.

Net sales for the quarter ended March 31 were $91.8 million, up from $74.2 million a year earlier.

For fiscal 2024, the company said it expects adjusted earnings of $0.41 to $0.43 per share and net sales of $370 million to $374 million.

Price: 46.97, Change: +0.07, Percent Change: +0.15