Carpenter Technology (CRS) Tops Q2 EPS by 3c, Revenues Miss
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Carpenter Technology Reports Second Quarter Fiscal Year 2021 Results
January 28, 2021 8:00 AM ESTGenerated $84 million of operating cash flow; free cash flow of $51 million
Total liquidity of $665 million including $271 million of cash on hand
PHILADELPHIA, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the Company) today announced financial results for the fiscal second quarter ended December 31, 2020. For the quarter, the Company reported a net loss of $84.9 million, or $1.76 loss per diluted share. Excluding special items, adjusted loss per diluted share was $0.61 for the quarter.
Our second quarter results reflect our continued emphasis on driving cash flow generation as we... More
