CA
NZ
UK
AU
IND
US
● Filtration GroupAcquisitionwas completed
● Be-FitAcquisitionin Portugal was completed
● US commercialRevenuetopped US government revenue for the first time
● Oil production midpoint was raised
● All In outlook now excludes the infant formulaBusinessto be divested
● Freight costs pushed adjusted EBITDA expectations to the low end
● Weaker wholesale sales and lower grossMarginoutweighed cost cuts
Key Highlights● Net sales rose strongly, driven almost entirely by volume● Full-year outlook was raised again● AdjustedEarningsclimbed sharply● GAAPNet Incomefell on transformation charges and interestQnity Electronics, Inc. (NYSE:Q), an S&P 500 constituent among semiconductor and technology stocks that supplies materials for chipManufacturingand high-speed transmission …
● Management reiterated itsData Centergoal
● Adjusted EPS guidance for the year was unchanged
Please wait processing your request...