Enerpac Tool Group (EPAC) Misses Q3 EPS by 12c
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
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- 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
Enerpac Tool Group Reports Third Quarter Fiscal 2022 Results
June 28, 2022 8:30 AM EDTThird Quarter of Fiscal 2022 Continuing Operations Highlights*
Net sales were $152 million, representing a 10% year-over-year increase in core sales driven by continued strong and broad-based demand in most regions; the strengthening of the US dollar reduced sales by 4% GAAP operating margin was 4.4% and adjusted operating margin was 9.0% Adjusted EBITDA margin was 12.0% GAAP diluted earnings per share (EPS) was $0.07 and adjusted diluted EPS was $0.16 Results reflect an $11 million increase in accounts receivable reserves related to an agent in the Middle East/North Africa/Caspian (MENAC) region ($0.14 per share, after tax), which had an... More