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BRIEF-Columbus McKinnon Reports Record Gross Margin Of 37.5% For Q1 Fiscal Year 2023

BRIEF-Columbus McKinnon Reports Record Gross Margin Of 37.5% For Q1 Fiscal Year 2023

Reuters · 07/28/2022 06:40
BRIEF-Columbus McKinnon Reports Record Gross Margin Of 37.5% For Q1 Fiscal Year 2023

- Columbus McKinnon Corp CMCO:

  • COLUMBUS MCKINNON REPORTS RECORD GROSS MARGIN OF 37.5% FOR FIRST QUARTER FISCAL YEAR 2023

  • QTRLY EPS $0.29

  • QTRLY ADJUSTED EPS$ 0.69

  • SAYS EXPECTS Q2 SALES OF ABOUT $230 MILLION TO $240 MILLION AT CURRENT EXCHANGE RATES

  • QTRLY NET SALES $ 220.3 MILLION VERSUS $213.5 MILLION

  • Q1 EARNINGS PER SHARE VIEW $0.60, REVENUE VIEW $227.3 MILLION -- REFINITIV IBES DATA

  • Q2 REVENUE VIEW $243.6 MILLION -- REFINITIV IBES DATA

Source text for Eikon: ID:

Further company coverage: CMCO


((Reuters.Briefs@thomsonreuters.com;))