Kaman (KAMN) Misses Q2 EPS by 8c
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Kaman Reports 2018 Second Quarter Results
August 8, 2018 4:15 PM EDTSecond Quarter Highlights:
Diluted earnings per share of $0.53, or $0.54 adjusted*, on a 12.2% increase in GAAP net earnings over the prior year Year-to-date operating cash flow of $93.7 million; Free Cash Flow* of $77.9 million Consolidated backlog of $969.0 million, a 30.6% increase since year end Distribution operating margin of 4.7% on a sales increase of 3.9% Aerospace operating margin of 12.7%, or 13.7% adjusted*, on sales of $178.6 millionBLOOMFIELD, Conn.--(BUSINESS WIRE)-- Kaman Corp. (NYSE: KAMN) today reported financial results for the second fiscal quarter ended June 29, 2018, as follows:
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