secwatch.observer — SEC 8-K summary
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Issuer:     KEWAUNEE SCIENTIFIC CORP /DE/ (KEQU)
CIK:        0000055529
Form:       8-K
Filed at:   2023-09-01T23:59:59+00:00
Accession:  0000055529-23-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kewaunee Scientific Q1 net earnings $2.47M vs loss of $0.75M YoY; EPS $0.86 vs ($0.27)
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- Net earnings of $2.47M ($0.86 diluted EPS) vs net loss of $0.75M ($0.27 loss) in prior Q1.
- Sales of $49.8M, down 0.6% YoY; Domestic sales fell 5.5% to $35.4M, International up 13.9% to $14.4M.
- EBITDA rose to $4.3M from $0.28M; backlog was $140.8M vs $174.0M a year ago and $147.9M on April 30.
- Domestic segment net income $2.71M vs $0.098M; improved due to stop selling direct, better productivity.
- Cash increased to $21.6M from $13.8M (April 30); debt-to-equity 1.05-to-1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/55529/000005552923000017/0000055529-23-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/55529/000005552923000017/kequ-20230831.htm
  HTML page:      https://secwatch.observer/filing/0000055529-23-000017

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