Edition:
India

Columbus McKinnon Corp (CMCO.OQ)

CMCO.OQ on NASDAQ Stock Exchange Global Select Market

33.38USD
21 Sep 2020
Change (% chg)

$-2.39 (-6.68%)
Prev Close
$35.77
Open
$34.96
Day's High
$34.96
Day's Low
$32.98
Volume
42,663
Avg. Vol
49,776
52-wk High
$42.32
52-wk Low
$19.26

Latest Key Developments (Source: Significant Developments)

Columbus Mckinnon Reports Quarterly Non-Gaap Earnings Per Share $0.07
Thursday, 30 Jul 2020 

July 30 (Reuters) - Columbus McKinnon Corp ::COLUMBUS MCKINNON REPORTS FINANCIAL RESULTS FOR FIRST QUARTER FISCAL YEAR 2021.SEES Q2 REVENUE ABOUT $150 MILLION TO $160 MILLION.QUARTERLY NET SALES $139.1 MILLION VERSUS $212.7 MILLION.QUARTERLY LOSS PER SHARE $0.12.QUARTERLY NON-GAAP EARNINGS PER SHARE $0.07.  Full Article

Columbus McKinnon Announces Q4 Adjusted Earnings Per Share $0.58
Wednesday, 27 May 2020 

May 27 (Reuters) - Columbus McKinnon Corp ::COLUMBUS MCKINNON ANNOUNCES FINANCIAL RESULTS FOR FOURTH QUARTER AND FISCAL YEAR 2020.Q4 ADJUSTED EARNINGS PER SHARE $0.58.Q4 EARNINGS PER SHARE $0.39.SEES Q1 REVENUE ABOUT $130 MILLION TO $140 MILLION.QTRLY NET SALES $189.5 MILLION, DOWN 12.6%.IN MARCH, IMPLEMENTED ACTIONS TO FLEX PRODUCTION LEVELS AND REDUCE COSTS TO ADDRESS SIGNIFICANT DECLINE IN DEMAND.  Full Article

Columbus Mckinnon Corp Expects Prelim Q4 Fiscal 2020 Revenue In Range Of $185 mln To $190 mln
Tuesday, 14 Apr 2020 

April 13 (Reuters) - Columbus McKinnon Corp ::COLUMBUS MCKINNON CORP - PRELIMINARY FOURTH QUARTER FISCAL 2020 REVENUE EXPECTED TO BE IN RANGE OF $185 MILLION TO $190 MILLION.COLUMBUS MCKINNON CORP - USING FURLOUGHS TO ALIGN ADMINISTRATIVE AND PLANT STAFFING WITH DECLINE IN DEMAND DUE TO COVID-19.COLUMBUS MCKINNON CORP - REDUCING CAPITAL EXPENDITURES TO $5 MILLION IN FIRST SIX MONTHS OF FISCAL 2021.COLUMBUS MCKINNON CORP - HAD TOTAL LIQUIDITY OF $168 MILLION AS OF DECEMBER 2019.COLUMBUS MCKINNON CORP - BACKLOG AT MARCH 31, 2020 INCREASED TO APPROXIMATELY $131.0 MILLION FROM $125.3 MILLION AT DECEMBER 31, 2019.COLUMBUS MCKINNON CORP - CURRENTLY INTERVIEWING A SHORT LIST OF CANDIDATES IN SEARCH FOR A PERMANENT CEO.  Full Article

Columbus McKinnon Q3 Adjusted Earnings Per Share $0.64
Tuesday, 4 Feb 2020 

Feb 4 (Reuters) - Columbus McKinnon Corp ::Q3 ADJUSTED EARNINGS PER SHARE $0.64.Q3 EARNINGS PER SHARE $0.63.SEES Q4 2020 REVENUE ABOUT $196 MILLION TO $201 MILLION.QTRLY NET SALES $199.4 MILLION, DOWN 8.3%.Q3 REVENUE VIEW $201.5 MILLION -- REFINITIV IBES DATA.  Full Article

Columbus McKinnon Announces CEO Planned Departure To Lead Fortive’S NewCo
Wednesday, 11 Dec 2019 

Dec 11 (Reuters) - Columbus McKinnon Corp ::COLUMBUS MCKINNON ANNOUNCES CHIEF EXECUTIVE OFFICER PLANNED DEPARTURE TO LEAD FORTIVE’S NEWCO.COLUMBUS MCKINNON CORP - CHAIRMAN RICHARD FLEMING TO BE APPOINTED INTERIM CEO FOR UPON HIS DEPARTURE.COLUMBUS MCKINNON CORP - MARK MORELLI HAS INFORMED BOARD OF DIRECTORS OF HIS INTENTION TO RESIGN FROM HIS POSITION AS PRESIDENT, CEO AND DIRECTOR.COLUMBUS MCKINNON CORP - BOARD HAS INITIATED A SEARCH PROCESS FOR A NEW CHIEF EXECUTIVE OFFICER.  Full Article

Columbus Mckinnon Corp - QTRLY Diluted Income Per Share $0.69
Thursday, 7 Nov 2019 

Columbus McKinnon Corp ::COLUMBUS MCKINNON BLUEPRINT FOR GROWTH STRATEGY CONTINUES TO STRENGTHEN EARNINGS POWER IN SECOND QUARTER FISCAL YEAR 2020.SEES Q3 2020 REVENUE DOWN ABOUT 2 PERCENT.QTRLY NET SALES $207.6 MILLION VERSUS $217.1 MILLION.QTRLY DILUTED INCOME PER SHARE $0.69.IN Q3 2020 INTENDED CLOSURE OF A SECOND FACILITY IN OHIO.CLOSURE OF SECOND FACILITY IN OHIO EXPECTED TO PROVIDE ANNUAL SAVINGS OF ABOUT $5 MILLION BEGINNING IN Q3 OF FISCAL 2021.80/20 PROCESS MORE THAN OFFSET INDUSTRIAL MARKET HEADWINDS, MEDICAL COSTS, TARIFFS, IMPACT OF DIVESTITURES DURING QUARTER.EXPECT OUR BLUEPRINT FOR GROWTH STRATEGY TO CONTRIBUTE APPROXIMATELY $18 MILLION IN OPERATING INCOME IN FISCAL 2020.Q3 REVENUE VIEW $209.9 MILLION -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE VIEW $0.69, REVENUE VIEW $206.7 MILLION -- REFINITIV IBES DATA.QTRLY NON GAAP EARNINGS PER SHARE $0.74.  Full Article

Columbus Mckinnon Plans Closure Of Ohio Operation
Thursday, 7 Nov 2019 

Nov 6 (Reuters) - Columbus McKinnon Corp ::COLUMBUS MCKINNON PLANS CLOSURE OF OHIO OPERATION.COLUMBUS MCKINNON - WILL BE CLOSING LISBON, OHIO FACTORY AND CONSOLIDATING THIS OPERATION INTO ITS FACILITIES IN VIRGINIA AND NORTH CAROLINA.COLUMBUS MCKINNON - CLOSURE OF LISBON OPERATION WILL AFFECT 59 UNION ASSOCIATES AND 17 STAFF ASSOCIATES IN THAT LOCATION.COLUMBUS MCKINNON CORP - RESTRUCTURING PROCESS IS EXPECTED TO TAKE BETWEEN SEVEN TO TEN MONTHS.COLUMBUS MCKINNON - EXPECTS PLANT CLOSURE COSTS OF ABOUT $3.5 MILLION AND ESTIMATES ANNUAL SAVINGS OF $5.0 MILLION ONCE COMPLETED.  Full Article

Columbus McKinnon Q1 Adjusted Earnings Per Share $0.81
Tuesday, 30 Jul 2019 

July 30 (Reuters) - Columbus McKinnon Corp ::Q1 ADJUSTED EARNINGS PER SHARE $0.81.Q1 EARNINGS PER SHARE ESTIMATE $0.77 -- REFINITIV IBES DATA.80/20 PROCESS OF SIMPLIFICATION REMAINS ON TRACK TO DELIVER $10 MILLION FOR FISCAL 2020.EXPECTS Q2 REVENUE TO BE UNCHANGED TO SLIGHTLY IMPROVED OVER PRIOR-YEAR PERIOD.QTRLY NET SALES $212.7 MILLION VERSUS $225.0 MILLION.Q1 REVENUE VIEW $214.8 MILLION -- REFINITIV IBES DATA.  Full Article