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

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

Brady Corporation Reports Fiscal 2018 First Quarter Results

November 16, 2017 7:00 AM EST

Earnings per diluted Class A Nonvoting Common Share increased 11.4 percent to $0.49 in the first quarter of fiscal 2018 compared to $0.44 in the same quarter of the prior year.Total revenues increased 3.6 percent, which consisted of organic revenue growth of 1.7 percent and an increase of 1.9 percent due to foreign currency translation.Net cash provided by operating activities was $34.7 million in the first quarter of fiscal 2018 and the Company was in a net cash position of $47.7 million at October 31, 2017 providing flexibility for future investments.

MILWAUKEE, Nov. 16, 2017 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE:... More