Hillenbrand(HI) - 2024 Q2 - Quarterly Results
Hillenbrand(HI)2024-05-01 04:24
Exhibit 99.1 Hillenbrand Reports Fiscal Second Quarter 2024 Results • Revenue of $785 million increased 14% compared to prior year; organic revenue decreased 5% primarily due to lower volume in the Molding Technology Solutions (MTS) segment • GAAP EPS of $0.09 decreased from $0.33 in the prior year; adjusted EPS of $0.76 increased 3% compared to prior year • Expanded previously announced MTS restructuring program and implementing additional cost actions across enterprise • Updating outlook for FY24 adjusted ...