Carriage services announces first quarter 2024 results

Houston, may 01, 2024 (globe newswire) -- carriage services, inc. (nyse: csv) today announced its financial results for the first quarter ended march 31, 2024. company highlights: total revenue of $103.5 million led to growth of 8.4% over the prior-year quarter, primarily driven by a 38.4% increase in cemetery preneed sales; gaap diluted eps of $0.45 and adjusted diluted eps of $0.75, compared to $0.57 and $0.56 in the prior-year quarter, respectively; completed the divestiture of previously announced non-core assets; the company paid down $25.0 million of debt on its credit facility during the first quarter; and reaffirm full-year 2024 outlook.
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