Brady Corp. (BRC) Tops Q1 EPS by 1c

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Brady Corporation Reports Fiscal 2017 First Quarter Results

November 16, 2016 7:00 AM EST

Earnings per diluted Class A Nonvoting Common Share increased 18.9 percent to $0.44 in the first quarter of fiscal 2017 compared to $0.37 in the same quarter of the prior year. Organic revenues declined 0.2 percent for the quarter ended October 31, 2016. Net cash provided by operating activities was $34.0 million in the first quarter of fiscal 2017 and net debt was $49.7 million at October 31, 2016 providing flexibility for future investments.

MILWAUKEE--(BUSINESS WIRE)-- Brady Corporation (NYSE: BRC) (Brady or Company), a world leader in identification solutions, today reported its financial results for its fiscal 2017... More