M&A
confidence high
sentiment neutral
materiality 0.55
EnPro Industries files NxEdge financials: net sales $134M, net income $37M for 9 months ended Sep 30, 2021
Enpro Inc.
- NxEdge generated $134.4M net sales, $40.5M operating income, $37.4M net income for 9 months ended Sep 30, 2021.
- Total assets $265.1M, total liabilities $102.0M, members' equity $163.1M at Sep 30, 2021.
- One customer represented 53% of NxEdge revenue and 57% of accounts receivable.
- Pro forma condensed combined balance sheet and income statement filed as Exhibit 99.3 for Sep 30, 2021 and FY 2020.
- NxEdge serves semiconductor and display industries; revenue concentrated in Morgan Hill, Boise, AceCo locations.