Hillenbrand (HI) Tops Q2 EPS by 3c, Beats on Revenue; Offers FY23 EPS Guidance
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Hillenbrand Reports Fiscal Second Quarter 2023 Results
May 8, 2023 4:50 PM EDTHighlights:
Revenue from continuing operations of $691 million in the quarter increased 22% compared to prior year; organic revenue from continuing operations increased 9%GAAP EPS from continuing operations of $0.33 compared to $0.38 in the prior year; adjusted EPS from continuing operations of $0.74 increased 14% compared to prior yearRecord backlog of $1.97 billion increased 16%, or 3% organically compared to prior yearOperating cash flow of $50 million increased $65 million compared to prior yearUpdated Outlook: Updating FY23 adjusted EPS from continuing... More