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More on Compass Diversified results

  • Cash flow of $19.4M compares to $22.8M a year ago as the August IPO of the Fox Factory (FOXF) subsidiary business knocked $7.3M from this year's Q3 result. CODI sold 5.8M shares in the offering, generating net proceeds of $80.9M while still maintaining majority ownership. Fox also paid off $61.5M of debt owed to CODI.
  • CC tomorrow at 9 ET.
  • Q3 results, press release.
  • CODI +2% AH.

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