M&A
confidence high
sentiment neutral
materiality 0.60
Carlisle reclassifies Interconnect Technologies as discontinued operations ahead of planned sale
CARLISLE COMPANIES INC
- CIT contributed $432.4M revenue, $30.6M operating income, $69.7M adjusted EBITDA in first half 2023.
- Assets and liabilities of CIT reclassified as held for sale; results reported as discontinued ops from Q3 2023.
- Amortization of $22.3M included in reconciliation from operating income to adjusted EBITDA.