Brady Corp. (BRC) Tops Q2 EPS by 7c; Nudges FY16 EPS Outlook Higher
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Brady Corporation Reports Fiscal 2016 Second Quarter Results and Increases its Fiscal 2016 EPS Guidance
February 19, 2016 7:00 AM ESTEarnings per diluted Class A Nonvoting Common Share of $0.30 in the second quarter of fiscal 2016 were up 30.4 percent and 3.4 percent compared to GAAP and non-GAAP earnings from continuing operations per diluted Class A Nonvoting Common Share* of $0.23 and $0.29, respectively, in the same quarter of the prior year. Organic revenue growth of 0.4 percent for the quarter ended January 31, 2016. Net cash provided by operating activities was $27.9 million during the second quarter of fiscal 2016, compared to $5.3 million in the same quarter of the prior year. Returned $10.2... More

