EVI Industries, Inc. Reports Strong Financial Results for Fiscal Year 2023
Net Income Surges to $9.7 Million, Revenue Hits $354.2 Million
EVI Industries, Inc. (EVI), a leading provider of comm ercial laundry, dry cleaning, and material handling equipment and services, has released its condensed consolidated results of operations for the twelve months ended June 30, 2023. The company continues to demonstrate its financial strength, reporting a net income of $9.7 million for the fiscal year, compared to $4.1 million for the same period last year. Additionally, the company achieved record revenues of $354.2 million, representing a substantial increase from the previous fiscal year's revenue of $267.3 million.
Net Income Soars
EVI Industries, Inc. has reported a significant increase in net income, with a robust performance for the twelve months ended June 30, 2023. The company's net income for this period amounted to $9.7 million, marking a substantial rise compared to the previous year's figure of $4.1 million. This impressive growth in net income underscores the company's ability to drive profitability and create value for its shareholders.
