Dan’s Biz Bookshelf: ‘Costovation: Innovation That Gives Your Customers Exactly What They Want—And Nothing More’
The Right Approach: ‘Twas the Night Before Christmas (Harley-style)
It’s Only Common Sense: Dear Santa, Here’s My Sales Wish List
DuPont Reports Q2 2024 Results
August 1, 2024 | DuPontEstimated reading time: 1 minute
DuPont announced its financial results for the second quarter ended June 30, 2024.
"Our second quarter results reflect continued positive momentum led by further broad-based electronics market recovery, along with sequential improvement within all W&P lines of business, including water and medical packaging end-markets," said Lori Koch, DuPont Chief Executive Officer. "On a consolidated basis for the quarter, we saw improvement across all key financial metrics including a 14 percent year-over-year increase in adjusted earnings per share. I am very pleased by the continued focus and strong execution of our global team."
"Earlier this week we announced the closing of the Donatelle acquisition which expands our healthcare offerings through enhanced expertise in medical device markets closely related to the Spectrum business which we purchased last year," Koch continued. "In addition, we are advancing our strategic priorities and have made progress in planning key actions and milestones related to our previously announced intent to separate our electronics and water businesses."
Highlights:
- Net Sales of $3.2 billion increased 2%; organic sales flat versus year-ago period
- GAAP Income from continuing operations of $176 million; operating EBITDA of $798 million
- GAAP EPS from continuing operations of $0.40; adjusted EPS of $0.97
- Cash provided by operating activities from continuing operations of $527 million; adjusted free cash flow of $425 million
- Raises full year 2024 guidance for net sales, operating EBITDA and adjusted EPS
Share on:
Suggested Items
Nordson Corporation Reports Fourth Quarter and Fiscal Year 2024 Results
12/12/2024 | Nordson CorporationNordson Corporation today reported results for the fiscal fourth quarter ended October 31, 2024. Sales were $744 million, a 4% increase compared to the prior year’s fourth quarter sales of $719 million. The increase in fourth quarter 2024 sales included the favorable 6% impact of acquisitions and favorable currency translation of 1%, offset by an organic sales decrease of 3%.
Scanfil Continues to Succeed in Defending its Profit Margin in Challenging Market
10/29/2024 | ScanfilScanfil updated its outlook for 2024 on 10 June. Scanfil estimates its turnover to be EUR 780–840 (previous, issued on 23 February: 820–900) million, and an adjusted operating profit of EUR 54–61 (57–65) million.
Kimball Electronics 2024 Annual Report: Strategically Focused
10/03/2024 | Kimball ElectronicsKimball Electronics releases its 2024 Annual Report, Strategically Focused, highlighting a year of innovation, hard work and commitment to excellence. From groundbreaking projects to sustainable practices, our journey this year has been nothing short of remarkable.
OSI Systems Reports Fiscal Q4 2024 and Full Year Financial Results
08/22/2024 | BUSINESS WIREFor Q4 FY24, the Company reported revenues of $480.9 million, a 17% increase over the $411.9 million reported for the same quarter of the prior year. Net income for Q4 FY24 was $44.7 million, or $2.55 per diluted share, compared to net income of $42.4 million, or $2.46 per diluted share, for the same quarter of the prior year.
MKS Instruments Beats Q2 Estimates
08/08/2024 | GlobeNewswireMKS Instruments, Inc., a global provider of enabling technologies that transform our world, reported second quarter 2024 financial results.