UPDATE: Colfax Corp. (CFX) Tops Q4 EPS by 1c, Revenues Miss; Offers FY21 EPS Mid-Point Guidance Above Consensus, 1Q EPS Views Below Consensus

Go back to UPDATE: Colfax Corp. (CFX) Tops Q4 EPS by 1c, Revenues Miss; Offers FY21 EPS Mid-Point Guidance Above Consensus, 1Q EPS Views Below Consensus

Colfax Announces Fourth Quarter 2020 Results and 2021 Growth Outlook

February 18, 2021 6:00 AM EST

        Reported $0.29 EPS from continuing operations and achieved $0.51 of adjusted EPS         Recently acquired two high-growth, high-gross margin medical technology businesses           Announced 2021 outlook with expectations for significant revenue, profit and cash flow growth         Scheduled Investor Day for Thursday, March 11, 2021

ANNAPOLIS JUNCTION, MD, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Colfax Corporation (NYSE: CFX), a leading diversified technology company, today announced its financial results for the fourth quarter of 2020.

The Company earned fourth quarter net income from continuing operations of $41 million, or $0.29 per share, and adjusted earnings of $0.51 per share. These results compare with prior year... More