Enerpac Tool Group (EPAC) Misses Q1 EPS by 5c

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Enerpac Tool Group Reports First Quarter Fiscal 2022 Results

December 21, 2021 8:30 AM EST

First Quarter of Fiscal 2022 Highlights*

Net sales from continuing operations were $131 million in the first quarter of fiscal 2022. Consolidated core sales for the quarter increased 9% year over year. GAAP operating margin from continuing operations was 4.9% and adjusted operating margin from continuing operations was 9.9% for the quarter ended November 30, 2021. Adjusted EBITDA margin from continuing operations was 13.4% in the first quarter of fiscal 2022. GAAP diluted earnings per share (EPS) from continuing operations was $0.05 and adjusted diluted EPS from continuing... More