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

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

Colfax Reports Second Quarter 2020 Results

August 6, 2020 6:00 AM EDT

        Achieved objectives to address COVID-19 impacts, including generating positive cash flow

        Reported $(0.03) EPS from continuing operations and achieved $0.09 of adjusted EPS

        Sequentially improved sales rates each month during the quarter

        Continued investments in innovation support long-term growth plans

ANNAPOLIS JUNCTION, MD, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Colfax Corporation (NYSE: CFX), a leading diversified technology company, today announced its financial results for the second quarter of 2020.

The Company reported a net loss from continuing operations of $3.6 million, or $0.03 per share, in the quarter, compared to net income of... More