Enpro posted a 3.7% increase in revenue, reaching $258,400,000. Net income turned positive at $13,900,000 compared to a loss last year. Adjusted EPS rose 31.9% to $1.57. Strong performance in Sealing Technologies offset semiconductor sector weakness.
Enpro Inc. reported a 4.1% increase in sales to $260.9 million for Q3 2024. Operating income increased by 7%, leading to an operating margin of 13.1%. Adjusted EBITDA rose by 11.1% to $64.1 million, with an adjusted EBITDA margin of 24.6%. The company has reduced its full-year guidance for adjusted EBITDA to $250 to $255 million and adjusted diluted earnings per share to $6.75 to $7.00.
Enpro Inc. reported a decrease in sales by 1.8% to $271.9 million, but experienced a significant increase in GAAP income from continuing operations, reaching $26.7 million compared to a loss of $18.6 million in the prior year. Adjusted EBITDA increased by 14.0% to $74.0 million, with adjusted diluted earnings per share up 13.7% to $2.08. The company has narrowed its full-year earnings guidance for adjusted EBITDA to $260 to $270 million and adjusted diluted earnings per share to $7.00 to $7.60.
Enpro reported a decrease in sales by 8.9% to $257.5 million, with organic sales down 11.6%. Income from continuing operations was $12.5 million, a decrease compared to $26.0 million in the prior year. Adjusted EBITDA decreased by 14.9% to $58.4 million, and adjusted EBITDA margin decreased by 160 bps to 22.7%. The company maintains its full-year 2024 guidance for revenue growth and adjusted EBITDA.
Enpro Inc. reported a decrease in sales for the fourth quarter of 2023, with organic sales declining by 9.0%. The GAAP loss from continuing operations improved, and the adjusted diluted earnings per share decreased by 8.5%. The company introduced 2024 guidance with revenue growth in the low to mid-single-digit range.
Enpro Industries reported a decrease in sales by 10.5% to $250.7 million, with organic sales down 10.8%. Income from continuing operations attributable to EnPro Industries was $8.3 million, down from $26.2 million in the prior year. Adjusted EBITDA decreased by 19.1% to $57.7 million, with adjusted EBITDA margin at 23.0%.
Enpro reported Q2 2023 results with sales of $276.9 million, essentially flat year-over-year, and a GAAP loss from continuing operations of $18.6 million. Adjusted EBITDA decreased by 11.9% to $64.9 million, and adjusted EPS decreased by 10.7% to $1.83. The company expects full-year revenue to be relatively flat and has increased adjusted diluted earnings per share guidance to $6.70 to $7.10.
Enpro Industries reported a strong start to 2023, with a 4.6% increase in sales to $282.6 million and a 16.3% increase in adjusted EBITDA to $68.6 million. The company's performance was driven by record profitability in the Sealing Technologies segment.
Enpro Industries reported a loss from continuing operations attributable to EnPro Industries, Inc. of $(57.5) million for the quarter ended December 31, 2022. However, after adjustments, the adjusted income from continuing operations attributable to EnPro Industries, Inc. was $30.8 million, or $1.30 per share.
Enpro Industries reported strong second quarter results with sales of $333.3 million, a 11.6% increase compared to the prior-year period. Adjusted EBITDA increased 43.4% to $82.0 million, and adjusted EBITDA margin increased 540 bps to 24.6%. The company raised its full-year revenue growth guidance to low-to-mid double digits and adjusted EBITDA guidance to $270-$280 million.
Enpro Industries reported a 17.7% increase in sales to $328.7 million and a 30.6% increase in adjusted EBITDA to $67.9 million. Adjusted EBITDA margin increased 210 bps to 20.7%.
Enpro Industries, Inc. reported a 1.7% increase in sales to $280.8 million for the fourth quarter of 2021. Income from continuing operations attributable to EnPro Industries, Inc. was $102.4 million, compared to a loss of $8.9 million in the prior-year period. Adjusted EBITDA decreased 0.8% to $47.7 million, and adjusted diluted earnings per share decreased 0.8% to $1.23.
Enpro Industries reported a 5.5% increase in sales to $283.1 million, with organic sales up 15.8%. Adjusted EBITDA increased by 22% to $51.5 million, resulting in an adjusted EBITDA margin of 18.2%. Diluted earnings per share from continuing operations were $1.33, while adjusted diluted earnings per share increased by 39% to $1.40.
Enpro Industries reported a strong second quarter with sales increasing by 20.9% to $298.6 million and adjusted EBITDA increasing by 52.5% to $57.2 million. The company's adjusted EBITDA margin improved by 400 bps to 19.2%. Based on these results, Enpro is raising its full-year guidance for sales, adjusted EBITDA, and adjusted diluted earnings per share.
Enpro Industries reported a strong start to the year with a 28.1% increase in adjusted EBITDA and a 420 bps margin expansion. The company's sales reached $279.3 million, with organic sales growing by 5.5%.
Enpro Industries reported a decrease in sales by 3.7% to $276.0 million for the quarter. Adjusted EBITDA increased by 11.1% to $48.1 million, with adjusted EBITDA margin increasing by 230 bps to 17.4%. The company reported a loss from continuing operations attributable to EnPro Industries, Inc. of $8.9 million for the quarter, and adjusted diluted earnings per share increased by 27.8% to $1.24.
EnPro Industries reported a 10.3% decrease in sales to $268.3 million. Loss from continuing operations was $21.6 million, including pretax charges of $21.1 million for asset impairments and $21.4 million for legal settlements. Adjusted EBITDA decreased 1.4% to $42.1 million, while adjusted EBITDA margin increased 140 bps to 15.7%. Diluted loss per share was $1.05, and adjusted diluted earnings per share decreased 8.2% to $0.67.
EnPro Industries reported a 22.1% decrease in sales to $247.0 million and a loss from continuing operations of ($3.3) million. Adjusted EBITDA margin remained relatively stable at 15.2%. The company is focusing on cost management and portfolio shaping to navigate the economic downturn.
EnPro Industries reported a decrease in sales by 6.7% to $282.7 million, but an increase in segment profit by 7.8% to $29.1 million. Adjusted EBITDA increased by 19.4% to $40.6 million, and adjusted diluted earnings per share increased by 37.8% to $0.62. The company withdrew its 2020 guidance due to macroeconomic uncertainty related to the COVID-19 pandemic.
Enpro Industries reported a decrease in sales by 1.4% to $286.5 million, but an increase in segment profit by 145.2% to $28.2 million for the quarter. Adjusted EBITDA increased 27.7% to $43.3 million. The company completed the divestiture of its Fairbanks Morse division and provided 2020 guidance.