secwatch.observer — SEC 8-K summary
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Issuer:     Crane NXT, Co. (CXT)
CIK:        0000025445
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001628280-25-023189
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crane NXT Q1 sales up 5% to $330M, completes De La Rue Authentication acquisition for £300M
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- Q1 GAAP EPS $0.38, adjusted EPS $0.54; net sales $330.3M up 5.3% YoY.
- Core sales declined 4.1% as expected due to planned U.S. currency equipment upgrades.
- Completed acquisition of De La Rue Authentication on May 1 for £300M cash.
- Full-year sales guidance raised to 6-8% growth; FY EPS guidance maintained at $4.00-$4.30.
- Record International Currency backlog of ~$370M with book-to-bill ratio of 2.4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25445/000162828025023189/0001628280-25-023189-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25445/000162828025023189/cxt-20250507.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-023189

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