earnings
confidence high
sentiment positive
materiality 0.65
Columbus McKinnon Q2 record operating income $27.4M, adjusted EPS $0.73, revenue $232M up 8.5% constant currency
COLUMBUS MCKINNON CORP
2023-Q2 EPS reported
$0.78
revenue$452,027,000
- Revenue $231.7M, up 3.6% YoY; constant currency growth 8.5%; acquisition added $9.0M.
- Record operating income $27.4M (margin 11.8%); record adjusted EBITDA margin 16.8%.
- GAAP diluted EPS $0.49; adjusted EPS $0.73 excluding acquisition intangibles amortization.
- Q3 FY2023 sales guidance $225-235M at current exchange rates.
- Cash from operations $17M; regional realignment delivering cost savings ahead of plan.