Earnings Exceed Expectations

Earnings per diluted share were $0.70, beating the Zacks Consensus Estimate of $0.67. Revenue was also ahead of consensus; the quarter’s revenue beat the three‑analyst average estimate of $217.02 million. In the full‑year guidance, Q2 raised revenue to a range of $881 million–$886 million (midpoint $883.5 million) and adjusted EBITDA to $244 million–$248 million (midpoint $246 million), both above analyst expectations. For Q3, revenue guidance is $218.5 million–$222.5 million and adjusted EBITDA is $58.5 million–$61.5 million.