Compass Diversified Narrows 2026 Adjusted EBITDA Outlook to $330 Million-$355 Million
Photo: TokenPost
Compass Diversified narrowed its 2026 adjusted EBITDA outlook to $330 million-$355 million, citing year-to-date results and current expectations as demand timing and macroeconomic uncertainty weigh on its outlook. The company generated about $52 million in operating cash flow and ended the third quarter with $127 million in cash. Its covenant leverage ratio was about 4.5x. Management expects cash generation to support further repayment of senior debt. Results varied across the portfolio. The Honey Pot and Arnold grew strongly, while Altor remained under pressure. Compass Diversified is pursuing divestitures to maximize value but provided no timeline.
Source: TokenPost
