Hillenbrand (HI) Tops Q1 EPS by 6c
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Hillenbrand Reports Fiscal First Quarter 2022 Results
February 2, 2022 4:25 PM EST
BATESVILLE, Ind., Feb. 2, 2022 /PRNewswire/ --
Fiscal First Quarter 2022 Highlights:
Revenue of $728 million increased 5% compared to prior year; pro forma revenue of $726 million increased 9% GAAP EPS of $0.67 decreased 34% compared to the prior year primarily due to the gain on the sale of Red Valve during fiscal year 2021; adjusted EPS of $0.94 decreased 2% primarily due to inflation Total backlog of $1.72 billion, up 30% compared to prior year on a pro forma basis... More