Hillenbrand Reports Fiscal Third Quarter 2024 Results
HIHillenbrand(HI) Prnewswire·2024-08-08 04:18

Revenue of 787millionincreased10787 million increased 10% compared to prior year; organic revenue decreased 8%GAAP EPS of (3.53) decreased from 0.60intheprioryearprimarilyduetononcashimpairmentchargesof0.60 in the prior year primarily due to non-cash impairment charges of 265 million; adjusted EPS of 0.85decreased110.85 decreased 11% compared to prior yearPreviously announced restructuring program remains on track to deliver 20 million in annual run-rate savings in FY25; accelerating additional cost actions and synergies across the enterpriseUpdated Outlook: FY24 adjusted EPS of 3.203.20 - 3.30, ...