Hillenbrand (HI) Tops Q2 EPS by 1c; Reaffirms
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Hillenbrand Reports Fiscal Second Quarter 2022 Results
May 9, 2022 4:25 PM EDTFiscal Second Quarter 2022 Highlights:
Revenue of $742 million increased 3% compared to prior year or 5% on a pro forma basisGAAP EPS of $0.74 decreased 28% primarily due to the gain on sale of ABEL in the prior year; adjusted EPS of $1.01 increased 3% primarily due to higher volume in Advanced Process SolutionsTotal backlog of $1.7 billion, up 14% compared to prior year on a pro forma basis$67 million of share repurchases completed during quarter and subsequently through May 5, 2022Completed CFO transition with the appointment of Bob VanHimbergen effective April 30,... More