Columbus McKinnon Achieves Record Gross Margin in First Quarter Fiscal Year 2019

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Columbus McKinnon (CMCO) Tops Q1 EPS by 14c

July 31, 2018 6:33 AM EDT

Columbus McKinnon (NASDAQ: CMCO) reported Q1 EPS of $0.74, $0.14 better than the analyst estimate of $0.60. Revenue for the quarter came in at $225 million versus the consensus estimate of $219.22 million.

Mark Morelli, President and CEO of Columbus McKinnon, commented, We delivered another strong quarter which we believe demonstrates that we are on the right path with our Blueprint 2021 strategy. We are successfully driving margin expansion and improving... More