Colfax Corp. (CFX) Tops Q1 EPS by 1c

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Colfax Reports First Quarter 2020 Results

May 7, 2020 6:01 AM EDT


        Reported $0.06 EPS from continuing operations and achieved $0.38 of adjusted EPS

        Sustained strong momentum in the first two months of the year

        Quickly implemented aggressive actions to address COVID-19 risks and impacts

        Amended credit agreement to provide ample liquidity and increased flexibility

ANNAPOLIS JUNCTION, MD, May 07, 2020 (GLOBE NEWSWIRE) -- Colfax Corporation (NYSE: CFX), a leading diversified technology company, today announced its financial results for the first quarter of 2020.

The Company reported net income from continuing operations of $8 million or $0.06 per diluted share in the quarter, compared to a... More