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EVI Industries, Inc. reported record revenue, gross profit, and operating cash flows for the nine-month period ended March 31, 2024. Despite a decline in revenue for the three-month period, the company achieved a record gross margin. EVI has been investing in technology initiatives to drive future growth and profitability. The company completed an acquisition during the period and increased its operating cash flows significantly. EVI's focus on long-term growth, financial strength, and strategic acquisitions position it well for the future.
EVI Industries, Inc. (NYSE American: EVI) announced its participation in the 18th Annual Barrington Research Virtual Spring Investment Conference. The Chairman and CEO, Henry M. Nahmad, will host one-on-one meetings with investors on May 16, 2024. With a focus on long-term growth and shareholder value creation, EVI has acquired 25 commercial laundry distributors and service providers in North America in the past seven years. The company operates from over 30 distribution locations, serving 19 states and exporting to Latin America and the Caribbean. EVI's revenue, net income, and Adjusted EBITDA have shown impressive growth rates since 2016.