CMCO News and Press, Columbus McKinnon Corporation From 05/26/21

Columbus McKinnon (CMCO): Q4 GAAP EPS of $0.39 misses by $0.03.Revenue of $186.2M (-1.7% Y/Y) beats by $2.67M.The Company expects first quarter fiscal 2022 sales to be within a range of ~$212 million to $217 million vs. consensus of $216.93M at current exchange rates and including the Do...

Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its fiscal year 2021 fourth quarter, which ended March 31, 2021. Fourth Quarter and Fiscal Yea...

Columbus McKinnon Corporation (Nasdaq: CMCO) (the “Company” or “Columbus McKinnon”), a leading designer and manufacturer of intelligent motion solutions for material handling, today announced the election of Michael Dastoor, Executive Vice President and Chief...

Columbus McKinnon Corporation (Nasdaq: CMCO) (the “Company” or “Columbus McKinnon”), a leading designer and manufacturer of intelligent motion solutions for material handling, today announced that the Company has entered into a covenant-lite term loan credit ...

Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer and manufacturer of intelligent motion solutions for material handling, announced that it will release its fourth quarter and full fiscal year 2021 results before the markets open on Wednesday, May 26, 2021. The Co...

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Columbus McKinnon Corporation (Nasdaq: CMCO) (the “Company” or “Columbus McKinnon”), a leading designer and manufacturer of intelligent motion solutions for material handling, today announced the closing of its underwritten public offering of 4,312,500 shares...

"We are initiating coverage of Columbus McKinnon (CMCO) with an Overweight rating and Street-high $70 price target, equating to 12.5x FY '23E EV/EBIDTA and 40%-plus upside potential," wrote analysts at Wells Fargo."Following years of streamlining the business, while expanding its TAM from $48...

Columbus McKinnon (CMCO) has priced its public offering of 3.75M common shares at $48.00/share for total gross proceeds of $180M.The offering was upsized from $150M offering, announced previously. Underwriters' over-allotment is an additional 562.5K shares. Net proceeds of ~$172.4M will be us...

Columbus McKinnon Corporation (Nasdaq: CMCO) (the “Company” or “Columbus McKinnon”), a leading designer and manufacturer of intelligent motion solutions for material handling, today announced the pricing of an upsized underwritten public offering of 3,750,000...