EPAC - Tool Company Enerpac Maintains Cautious Tone Regarding FY24 Despite Q1 Beat: Here's Why | Benzinga

Enerpac Tool Group Corp (NYSE: EPAC) reported Q1 FY24 revenue from continuing operations of $142 million, up 1.9% Y/Y, beating the consensus of $137.9 million. 

Organic sales grew 5.5%, with product sales up 4.2% and service revenues up 10.1% Y/Y.

Adjusted EBITDA rose 31% Y/Y to $34.9 million, with a margin expansion of 550 basis points Y/Y to 24.6%.

Adjusted EPS of $0.39 Full story available on Benzinga.com