Exchange Income CorporationPrivate▲ Positive
Capitalrelevance
Record Q2 results, raised guidance, and increased dividend.
Exchange Income Corporation posted record second-quarter results, with revenue rising 32% to $952 million and adjusted EBITDA up 28% to $226 million. Net earnings climbed 42% to $57 million, or $1.01 per share, while adjusted net earnings reached $64 million, or $1.13 per share. Free cash flow grew 30% to $161 million, and free cash flow less maintenance capital expenditures increased 29% to $74 million. Based on the strong performance, the company raised its fiscal 2026 adjusted EBITDA guidance to a range of $890 million to $920 million and boosted its monthly dividend from $0.23 to $0.24 per share, payable on September 15, 2026 to shareholders of record on August 31, 2026.
Record Q2 results, raised guidance, and increased dividend.