Page 13 - Advanced Process Solutions News Today

/PRNewswire/ -- Fiscal First Quarter 2022 Highlights: Revenue of $728 million increased 5% compared to prior year; pro forma revenue of $726 million increased...

Molding machinery demand helps drive growth at Hillenbrand Print BATESVILLE, Ind.—Hillenbrand Inc. reported strong results for its second quarter with an 11 percent increase in sales to $722 million driven by growth in two of its three operating segments. Higher sales for the Molding Technology Solutions (MTS) unit, which was Milacron Holdings Corp. before it was acquired in 2019, and the burial casket business offset a drop for the Advanced Process Solutions (APS) unit, which manufactures in...

Molding machinery demand helps drive growth at Hillenbrand Milacron Holdings Corp., Hillenbrand Inc. Sales in Hillenbrands molding sales unit, which includes Milacron machines, climbed 28 percent, a $56 million increase to $255 million, compared to the prior-year period. Batesville, Ind.-based Hillenbrand Inc. reported strong results for its second quarter with an 11 percent increase in sales to $722 million driven by growth in two of its three operating segments. Higher sales for the Molding T...

Quarterly Results Earnings per share rose 84.91% over the past year to $0.98, which beat the estimate of $0.91. Revenue of $722,300,000 up by 11.31% from the same period last year, which beat the estimate of $707,050,000. Guidance Hillenbrand Sees Q3 2021 Revs $665M-$695M Vs $659.05M Est; Sees Q3 Adj. EPS $0.70-$0.80 Vs $0.78 Est Recent Stock Performance 52-week low: $17.48 Company Overview Hillenbrand Inc is a U.S.-based company that operates through three segments. The Advanced Process Soluti...

Hillenbrand Announces Fiscal Second Quarter 2021 Results Fiscal Second Quarter 2021 Highlights: - Revenue of $722 million increased 11% year over year driven by strong growth within Molding Technology Solutions and COVID-19 related demand at Batesville; pro forma revenue increased 18% - GAAP EPS of $1.03 compares to a loss of $0.99 in the prior year; adjusted EPS of $0.98 increased 40% primarily driven by growth at Molding Technology Solutions and Batesville - Backlog increased 30% year over ye...

Operator Greetings and welcome to the Hillenbrand Q1 Fiscal Year 2021 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to your host Kaveh Bakhtiari, Senior Director of Investor Relations. Please go ahead. Kaveh Bakhtiari -- Senior Director of Investor Relations Thank you. Good morning ev...