Colfax Reports Second Quarter 2020 Results

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Colfax Corp. (CFX) Tops Q2 EPS by 4c, Revenues Beat

August 6, 2020 6:16 AM EDT

Colfax Corp. (NYSE: CFX) reported Q2 EPS of $0.09, $0.04 better than the analyst estimate of $0.05. Revenue for the quarter came in at $620.36 million versus the consensus estimate of $596.46 million.

Achieved objectives to address COVID-19 impacts, including generating positive cash flowReported $(0.03) EPS from continuing operations and achieved $0.09 of adjusted EPSSequentially improved sales rates each month during... More