Columbus McKinnon Corp Reports Robust Operating Income and Sales Growth in Q3 FY2024 [Yahoo! Finance]
Columbus McKinnon Corporation (CMCO)
Last columbus mckinnon corporation earnings: 2/4 06:30 am
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Source: Yahoo! Finance
Gross Margin Expansion : Improved by 130 basis points to 36.9%. Net Income : Decreased by 19.1% to $9.7 million, with diluted EPS at $0.34. Cash Flow Strength : Net cash from operating activities up 69% in the first nine months of FY2024. Future Outlook : Q4 FY2024 net sales expected to be between $260 million and $270 million. Warning! GuruFocus has detected 4 Warning Sign with CMCO. On January 31, 2024, Columbus McKinnon Corp ( NASDAQ:CMCO ) released its 8-K filing , detailing a strong performance for the third quarter of fiscal year 2024, which ended on December 31, 2023. The company, a leader in intelligent motion solutions for material handling, reported a significant 33% increase in operating income and a 10% rise in net sales, with the latter reaching $254.1 million. This growth was primarily driven by robust sales across all product platforms, particularly the precision conveyance segment. Financial Highlights and Company Performance Columbus McKinnon's financia
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News
- An Intrinsic Calculation For Columbus McKinnon Corporation (NASDAQ:CMCO) Suggests It's 30% Undervalued [Yahoo! Finance]Yahoo! Finance
- Hoist Market Report: Global Industry Trends, Forecast and Competitive Analysis to 2030 Featuring Columbus McKinnon, Demag Cranes & Components, Donati Sollevamenti, TWG, and Hitachi Industrial Equipment Systems [Yahoo! Finance]Yahoo! Finance
- Columbus McKinnon Corporation's (NASDAQ:CMCO) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock? [Yahoo! Finance]Yahoo! Finance
- Columbus McKinnon and Milwaukee Tool Announce Development of First-of-Its Kind Battery-Powered Chain Hoist Combining Industry-Leading Hoist and Battery Technology [Yahoo! Finance]Yahoo! Finance
- Columbus McKinnon and Milwaukee Tool Announce Development of First-of-Its Kind Battery-Powered Chain Hoist Combining Industry-Leading Hoist and Battery TechnologyBusiness Wire
CMCO
Earnings
- 1/31/24 - Beat
CMCO
Sec Filings
- 3/26/24 - Form 3
- 3/19/24 - Form 8-K
- 3/18/24 - Form 8-K
- CMCO's page on the SEC website