ESAB Q1 2022: record sales $648M, adj. EPS $1.17, reaffirms FY guidance

ESAB Corp

2022-Q1 EPS reported $0.93 revenue$647,911,000

Sales of $647.9M, up 14% reported and 18% organic YoY; record quarterly revenue.
GAAP EPS from continuing ops $0.96; adjusted EPS $1.17.
Adjusted EBITDA $109.3M, up 16% YoY; margin expanded 30 bps to 16.9%.
FY 2022 guidance reaffirmed: sales $2.45-2.50B, adj. EBITDA $400-420M, adj. EPS $3.85-4.05.
Completed separation from Enovis Corp. on April 4, 2022; now operating as independent public company.

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