The company reported a profit of $400,000, or 1 cent per share, marking a stark recovery from the $28.3 million loss recorded during the same period last year. Revenue climbed 16% to $298.1 million, comfortably outpacing the $238.5 million projected by FactSet analysts. Leadership attributed these gains to robust recoveries in the automotive division and increased volume within its industrial business, which helped buffer weaker performance in the interface sector.

Chief Executive Jon DeGaynor credited the recent shift to improved internal discipline and a refined portfolio strategy. Looking ahead, the firm intends to sharpen its focus on vehicle electrification, data centers, and specialized power solutions. This optimism extends to the full-year outlook, where the company projects sales between $1.03 billion and $1.08 billion—a target that exceeds the $951.9 million consensus among analysts.