Colfax Corp. (CFX) Tops Q3 EPS by 4c

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Go back to Colfax Corp. (CFX) Tops Q3 EPS by 4c

Colfax Reports Third Quarter 2016 Results

October 27, 2016 5:58 AM EDT

Annapolis Junction, MD, Oct. 27, 2016 (GLOBE NEWSWIRE) --  

Third quarter net income per dilutive share of $0.23, adjusted net income per share of $0.39. Structural cost changes reading through; on track to deliver $50 million in savings in 2016. Strong orders in the quarter, but markets remain challenging. Lower-end of 2016 EPS guidance range raised by five cents.

 

Colfax Corporation (NYSE: CFX), a leading global manufacturer of gas- and fluid-handling and fabrication technology products and services, today announced its financial results for the third quarter of 2016. Net income was $28.0 million, or $0.23 per... More