Heroux-Devtek Reports Higher Q1 Profit-March 2024-www.financetom.com

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Heroux-Devtek Reports Higher Q1 Profit

Aug 6, 2024 4:55 AM

07:24 AM EDT, 08/06/2024 (MT Newswires) -- Heroux-Devtek ( HERXF ) on Tuesday said first-quarter earnings per share and adjusted earnings per share increased to $0.37 and $0.39 compared to $0.12 last year.

Sales increased to $174 million, up 24% from $140.7 million a year ago for the quarter ended June 30. Operating income increased to $19.4 million, compared to $7.5 million a year ago.

Following the close of the quarter, Heroux-Devtek ( HERXF ) agreed to be acquired by Platinum Equity.

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