Colfax Corp. (CFX) Tops Q3 EPS by 1c, Revenues Miss; Lifts FY18 EPS Mid-Point Outlook

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Colfax Reports Third Quarter 2018 Results

October 25, 2018 6:25 AM EDT

ANNAPOLIS JUNCTION, MD, Oct. 25, 2018 (GLOBE NEWSWIRE) --

               Reported net income from continuing operations per diluted share of $0.29 versus $0.35 in the prior year quarter, and achieved adjusted net income per share of $0.54 versus $0.46                 Posted 10% organic growth in Fabrication Technology business               Sequentially strengthened adjusted operating margins by 250 bps in Air & Gas Handling business               Recently completed three complementary acquisitions

 Colfax Corporation (NYSE: CFX), a leading diversified industrial technology company, today announced its financial results for the third quarter of 2018.

The Company reported net income from continuing operations of $38 million or $0.29 per... More