07:45 AM EDT, 10/29/2024 (MT Newswires) -- ESAB ( ESAB ) reported Q3 non-GAAP net income Tuesday of $1.25 per diluted share, up from $1.08 a year earlier.

Analysts polled by Capital IQ expected $1.12.

Net sales for the quarter ended Sept. 27 were $673.3 million, down from $681.0 million a year earlier.

Analysts surveyed by Capital IQ expected $620.4 million.

For 2024, the company now expects non-GAAP EPS to range from $4.80 to $4.95, compared with $4.75 to $4.95 previously. Analysts polled by Capital IQ expect $4.85.