ESAB Q2 2022: record sales $661M, adj EPS $1.14, reaffirms FY guidance

ESAB Corp

2022-Q2 EPS reported $1.82 revenue$1,309,088,000

Record Q2 sales $661.2M (+9% organic); adj EBITDA $110.5M (+6% YoY).
Diluted EPS from cont ops $0.94; adjusted diluted EPS $1.14 (includes $0.06 from Russia).
Excluding Russia: sales $631.7M (+13% organic); adj EBITDA $105.0M (+13%).
Reaffirmed FY2022 guidance: sales $2.45-$2.50B, adj EBITDA $400-$420M, adj EPS $3.85-$4.05.
Extended $600M term loan and fixed interest rate for financial flexibility.

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