Enerpac Tool Group Corp reported results for the quarter with revenue of $167.55M, net income of $29.8M and diluted earnings per share of $0.58, each above the prior-year quarter and reflecting stronger product sales and improved margins.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$167.55M$158.66M5.6% | Net income²$29.8M$22.04M35.2% | Diluted EPS³$0.58$0.4141.5% |
¹ Reported as “Net sales”. ² Reported as “Net earnings”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue growth was driven by stronger product demand: product sales rose 8% quarter-over-quarter and 9% year-to-date, while service sales declined 6% quarter-over-quarter and 15% year-to-date, shifting the revenue mix toward products.
- Product strength was notable in the Americas power generation market, helping improve gross margin and operating profit flow-through.
- Operational factors including tariff refunds and mix improvements supported margin expansion and operating cash flow improved; primary working capital was modestly higher to support growth.
Original SEC Filing:
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