secwatch.observer — SEC 8-K summary
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Issuer:     COLUMBUS MCKINNON CORP (CMCO)
CIK:        0001005229
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001005229-23-000229
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Columbus McKinnon Q1 FY2024 sales up 7% to $235.5M; record backlog $355.3M
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- Adjusted EPS $0.62 vs $0.69 prior year; GAAP EPS $0.32 vs $0.29.
- Record backlog $355.3M includes $23.4M from montratec; orders $257M with book-to-bill 1.1x.
- Gross margin 36.8% expanded 90 bps sequentially; Q2 FY2024 sales guidance $250-260M.
- Paid down $10M in debt; target net debt leverage ratio below 2.5x by fiscal year-end.
- montratec acquisition contributed $2.7M in sales in first month of ownership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005229/000100522923000229/0001005229-23-000229-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005229/000100522923000229/cmco-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001005229-23-000229

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