CSW Industrials, Inc. (NASDAQ:CSWI) Q2 2024 Earnings Conference Call November 2, 2023 10:00 AM ET
Company Participants
Alexa Huerta - Vice President, Investor Relations and Treasurer
Joseph Armes - Chairman, Chief Executive Officer and President
James Perry - Executive Vice President and Chief Financial Officer
Conference Call Participants
Peter Lukas - CJS Securities
Julio Romero - Sidoti & Company
Operator
Good day, and welcome to the CSW Industrials Second Quarter 2024 Earnings Conference Call. [Operator Instructions]. Please note today's event is being recorded.
I would now like to turn the conference over to Alexa Huerta, Vice President, Investor Relations. Please go ahead, ma'am.
Alexa Huerta
Thank you, Rocco. Good morning, everyone, and welcome to the CSW Industrials Fiscal 2024 Second Quarter Earnings Call. Joining me today is Joseph Armes, Chairman, Chief Executive Officer and President of CSW Industrials; and James Perry, Executive Vice President and Chief Financial Officer.
We issued our earnings release, updated Investor Relations presentation and Form 10-Q prior to the market's opening today, all of which are available on the Investors portion of our website at www.cswindustrials.com. This call is being webcast and information on accessing the replay is included in the earnings release.
During this call, we will make forward-looking statements. These statements are based on current expectations and assumptions that are subject to various risks and uncertainties. Actual results could materially differ because of factors discussed today in our earnings release in the comments made during this call as well as the risk factors identified in our annual report on Form 10-K and other filings with the SEC. We do not undertake any duty to update any forward-looking statements.
I will now turn the call over to Joe.
Joseph Armes
Thank you, Alexa. Good morning, everyone. Our team continues to outperform the markets we serve and deliver impressive results against strong prior year period results. Our second quarter results demonstrate our ability to leverage our robust distributor relationships, drive operational execution, and prudently manage expenses.
This morning, we announced record second quarter revenue of $204 million, record second quarter earnings per diluted share of $1.93 and record second quarter EBITDA of $53 million. We also continued to deliver outstanding operating leverage as EBITDA grew 21% on 7% growth in revenue with equally impressive EBITDA margin expansion of 300 basis points to 26%.We also announced record first half results and revenue of $407 million and earnings per diluted share of $3.90 and an EBITDA of $107 million.