Carpenter Tech returns to profit with Q2 EPS $0.13; sales up 46% YoY

CARPENTER TECHNOLOGY CORP

2023-Q2 EPS reported -$0.02 revenue$1,102,000,000

Net income $6.2M ($0.13 EPS) vs loss of $29.4M ($0.61 loss) in prior year quarter.
Net sales $579.1M (+46% YoY); excluding surcharge revenue $420.8M (+34% YoY).
Backlog up 9% sequentially and 107% YoY, driven by aerospace demand.
SAO segment operating income $30.3M; PEP segment operating income $9.3M.
Free cash flow negative $113.7M, similar to prior year quarter.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.