Welcome to our dedicated page for Loar Holdings news (Ticker: LOAR), a resource for investors and traders seeking the latest updates and insights on Loar Holdings stock.
Loar Holdings Inc. (LOAR) delivers specialized aerospace components and defense systems through proprietary engineering solutions. This news hub provides investors and industry professionals with timely updates on operational developments, strategic acquisitions, and product innovations critical to modern aircraft and military platforms.
Access authoritative reporting on LOAR's manufacturing advancements, including safety systems, sensor technologies, and global facility expansions. Our curated news collection covers earnings insights, partnership announcements, and R&D milestones without speculative commentary.
Key updates include regulatory filings, defense contract awards, and aftermarket service expansions. Bookmark this page for streamlined tracking of LOAR's position in aerospace manufacturing and its evolving role in next-generation aviation technologies.
Loar Holdings Inc. (NYSE:LOAR) reported strong Q4 and full-year 2024 results, with significant improvements across key metrics. Q4 2024 saw net sales rise 27.8% to $110.4 million, with net income reaching $3.7 million and Adjusted EBITDA up 37.4% to $40.2 million.
For full-year 2024, net sales increased 26.9% to $402.8 million, with net income of $22.2 million, up $26.8 million from prior year. The company achieved 15.0% organic growth, marking its third consecutive year of mid-teen organic growth.
Loar has revised its 2025 guidance upward, projecting net sales between $480-488 million, net income of $58-63 million, and Adjusted EBITDA of $180-184 million. The outlook is supported by strong demand across end-markets and progress in productivity initiatives.
Loar Holdings Inc. (NYSE:LOAR) has scheduled its Fourth Quarter and Full Year 2024 earnings release and conference call. The company will announce its financial results before market opening on Monday, March 31, 2025.
The earnings conference call is set for 10:30 a.m. Eastern Time on the same day. Participants can join via phone by dialing +1 877-407-0670 (domestic) or +1 215-268-9902 (international). A live audio webcast will be accessible through the company's investor relations website at ir.loargroup.com, with a replay available later that day.
Loar Holdings Inc (NYSE:LOAR) has announced the promotion of TC Queener to Executive Vice President, who will report directly to CEO & Executive Co-Chairman Dirkson Charles. In his new role, Queener will oversee operations at Hydra-Electric in Burbank, CA and SMR Technologies in Fenwick, WV.
Queener, who joined Loar Group in 2018, previously served as President at Hydra Electric and brings 15 years of aerospace industry experience, including operational and sales leadership positions at AvtechTyee Inc. in Everett, WA. He holds a Bachelor of Science in Industrial and Manufacturing Engineering from Oregon State University.
Loar Holdings Inc. (NYSE:LOAR) has announced a put option to acquire LMB Fans & Motors for €365 million plus net debt. LMB is a global specialty manufacturer of customized high-performance fans and motors with over 2000 unique products and 75 employees globally.
The company also released preliminary Q4 and full year 2024 results, showing strong performance. Q4 2024 net sales are expected between $108.1-110.1 million (vs $86.4M prior year) with net income of $2.7-3.3 million. Full year 2024 preliminary results show net sales of $400.5-402.5 million (vs $317.5M prior year) and net income of $21.2-21.8 million.
For 2025, Loar projects net sales between $470-480 million, net income of $55-60 million, and adjusted EBITDA of $176-180 million. The LMB acquisition is expected to close in Q3 2025, subject to regulatory approvals.
Loar Holdings (NYSE:LOAR) has appointed Nicole Huque as Chief Talent Officer, a newly created position reporting to CEO & Executive Co-Chairman Dirkson Charles. Huque will focus on strengthening leadership capability and optimizing performance-driven culture across the portfolio.
Huque brings 15 years of experience as a strategic advisor to industrial companies, most recently serving as Partner in the Global Aerospace and Defense practice at Krauthamer & Associates. She previously held the position of Global Head of Talent Acquisition and Executive Recruitment at B/E Aerospace.
Currently serving on the Board of Trustees of Airlink and the advisory board of the Organization of Black Aerospace Professionals, Huque holds a bachelor's in psychology from the University of Waterloo and an MBA with concentrations in Finance and Marketing from Pace University.
Loar Holdings (NYSE:LOAR) has announced the grant of 68,000 stock options to three new employees as inducement awards. The options are divided into five equal tranches (A through E), vesting annually over five years with escalating exercise prices. Tranche A vests after one year at the grant price, while subsequent tranches vest annually with exercise prices increasing by factors of 1.10, 1.21, 1.33, and 1.46 respectively. The options will expire after ten years or 90 days post-employment termination. These awards were granted without stockholder approval under NYSE Listed Company Manual Section 303A.08 and were approved by the Compensation Committee.
Loar Holdings (NYSE:LOAR) has announced the pricing of its upsized public offering at $85.00 per share, consisting of 5,750,000 shares of common stock. The offering includes 3,852,500 shares from Loar and 1,897,500 shares from existing stockholders. The selling stockholders granted underwriters a 30-day option to purchase up to 862,500 additional shares.
The offering, expected to close on December 12, 2024, will be led by Jefferies and Morgan Stanley as lead book runners, with Moelis as joint book runner. Loar plans to use the net proceeds to repay borrowings under its credit agreement and for general corporate purposes. The company will not receive proceeds from shares sold by existing stockholders.
Loar Holdings (NYSE:LOAR) has launched a public offering roadshow for 4,750,000 shares of common stock. The offering includes 3,166,667 shares from Loar and 1,583,333 shares from existing stockholders. Selling stockholders will grant underwriters a 30-day option for an additional 712,500 shares.
The company plans to use its proceeds to repay credit agreement borrowings and for general corporate purposes. Jefferies and Morgan Stanley are leading the offering as book runners, with Moelis as joint book runner. Citigroup, RBC Capital Markets, and Blackstone are also participating in various roles.
The offering will proceed through an SEC-filed prospectus and is subject to market conditions and regulatory approval.
Loar Holdings (NYSE:LOAR) reported strong Q3 2024 results with net sales of $103.5 million, up 25% year-over-year, and net income of $8.7 million, up $5.8 million from Q3 2023. The company achieved an Adjusted EBITDA of $38.1 million, up 31.8%. Based on strong performance, Loar revised its 2024 guidance upward, projecting net sales between $390-394 million and Adjusted EBITDA between $141-143 million. For 2025, the company expects further growth with net sales of $470-480 million and Adjusted EBITDA of $176-180 million.
Loar Holdings (NYSE:LOAR) has scheduled its Q3 2024 earnings release for Wednesday, November 13, 2024, before market opening. The company will host a conference call at 10:30 a.m. Eastern Time. Participants can join via phone using the numbers +1 877-407-0670 (domestic) or +1 215-268-9902 (international). A live audio webcast will be accessible through the company's investor relations website, with a replay available later that day.
