Colfax Corp. (CFX) Tops Q2 EPS by 9c, Revenues Miss; Boosts FY18 EPS Outlook Above Consensus

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Colfax Reports Second Quarter 2018 Results

August 6, 2018 6:28 AM EDT

ANNAPOLIS JUNCTION, MD, Aug. 06, 2018 (GLOBE NEWSWIRE) --

               Reported net income from continuing operations per diluted share of $0.52 versus $0.30 in the prior year quarter; adjusted net income per share of $0.61 versus $0.45 in the prior year quarter
               Achieved strong organic growth in Fabrication Technology sales and Air & Gas Handling industrial sector orders; strengthened adjusted operating margins
               Increased full year adjusted net income per share outlook
               Signed agreement for a complementary Fabrication Technology acquisition; repurchased Colfax shares

Colfax Corporation (NYSE: CFX), a leading diversified industrial technology company, today announced its financial results for the second quarter of... More