Lafayette-based Wabash National Corp. (NYSE: WNC) is reporting the full-year net income of $89 million in 2019, compared to $69 million the previous year. The company says its full-year revenue is the highest in company history.
For the fourth quarter, net income was $18.4 million, compared to $11.5 million during the same period a year ago.
“I’m pleased to achieve a new all-time sales record of $2.3 billion in 2019 while also generating stronger operating income, net income and EPS versus the prior year,” explained Brent Yeagy, president and chief executive officer. “Additionally, full-year cash generation was strong and I’m excited to add to our streak of what is now 7 consecutive years of free cash conversion of 100% or greater.”
To view the full report from Wabash National, click here.