Colfax Corp. (CFX) Tops Q4 EPS by 6c
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Colfax Reports Fourth Quarter 2018 Results
February 13, 2019 6:30 AM ESTANNAPOLIS JUNCTION, MD, Feb. 13, 2019 (GLOBE NEWSWIRE) --
Reported net income (loss) from continuing operations per diluted share of $0.36 versus $(1.53) in the prior year quarter; achieved adjusted net income per share of $0.69 versus $0.45 for 53% growthSales increased 13% with 11% organic growth in both business platforms; strong year-over-year adjusted operating margin expansionAir & Gas Handling orders grew 12% including continued strong performance in Industrial applicationsRecently completed successful financing for DJO Global acquisition announced in November 2018; process to explore potential strategic options of Air & Gas Handling business well underwayColfax Corporation (NYSE:... More
